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Author Topic: Why we buy new token or coin?  (Read 1117 times)
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December 18, 2019, 04:43:03 AM
 #201

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?
Maybe because we admire their plan for their project and we think that it is unique and have a great potential that someday, somehow it will pump too high and we will be rich because we believe on them. But I am not investing on new projects this year because I am waiting for a good project that will satisfy my standards and I can see the potentials on it.

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December 18, 2019, 05:38:56 AM
 #202

For me i will only buy new coin/token if ieo was concluded to top exchanger like binance,  to be sure it is not useless, i will also buy new coin/token if it is usable in real world like CRO,  but if your intention is just to trade i will not buy new coins/tokens,  but if you really want that make sure you will only buy digital asset with high volume, just remember that there is always a risk in buying crypto currency, do your own research and choose the best one.

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December 18, 2019, 10:04:55 AM
 #203

For me i will only buy new coin/token if ieo was concluded to top exchanger like binance,  to be sure it is not useless, i will also buy new coin/token if it is usable in real world like CRO,  but if your intention is just to trade i will not buy new coins/tokens,  but if you really want that make sure you will only buy digital asset with high volume, just remember that there is always a risk in buying crypto currency, do your own research and choose the best one.
So all other coins that are listed on other exchanges apart from binance or huobi are crap projects? You are damn wrong pal, many good projects are listed on other exchanges as well all you need is better research

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December 18, 2019, 12:35:39 PM
 #204

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?
Basically, the reason why they want to buy new coin because sometimes when you trade a new coin, you could earn even a little profit from it. But for me, trading a new coin is not worth because my first time buying a new coin gives me losses and gives me a hard time to gain it all back, that is why i now trade with coins that has a good value.
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December 18, 2019, 01:33:46 PM
 #205

Basically, 90 of hodlers would buy to trade. Just what I have witnessed overtime.

They do arbitrage, where they buy one coin from one exchange to trade in one exchange that has a much higher price than where they bought it, and many traders are involved on this kind of activity because there is a profit to be made here, but you have to have big funds and fast connection to do this.

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December 18, 2019, 01:40:44 PM
 #206

for me depends on needs.
if I buy a new coin or token at a low price then I will sell it when there is a good opportunity, my intention is to get double the profit from the initial capital.
I personally haven't thought about spending things using crypto coins, maybe next time. but sometimes I spend it to buy new coins, which I think are worth buying.

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December 18, 2019, 02:44:42 PM
 #207

The reason why i buy a new token or coin because i expect a good profit from it when i used it for trading, but new coins in the year of 2018 i didn't get much profit because most of them are not good anymore, that is why i decided to continue to trade in top altcoins in the market like ETH, BNB, XRP, LTC just to have a profit.
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December 18, 2019, 03:56:54 PM
 #208

Its because more traders are into profits, they buy new tokens/coins which they think will have a good impact in the market but not all of them are into price, there are also buyers who are investing to a certain project because of its usecase.. In my case, I do like Bytom which is a really good project for me. Its triple-layer approach to blockchain distributed applications is what caught me to invest on them.. The price is not that high but its really worth it.. If you want to buy it, you can trade on Atomars since its their new exchange and there's free trading fee there.
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December 18, 2019, 04:09:46 PM
 #209

There are various reasons why someone buys new tokens or coins in the cryptoqurrency industry, one of which is speculation. most investors do not always depend on 1 investment, I mean investing with a few other new coins can sometimes be profitable and vice versa. It is important to be careful before investing your money in new projects.

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December 18, 2019, 04:13:08 PM
 #210

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?
there are only few reasons why people buy a new token
usually, some of them will use it in their platform or to trade to gain some profit
while others see the potential of the coin because the good purpose, uniqueness or benefit the token is offering





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December 18, 2019, 04:16:13 PM
 #211

Buy to hold is the main plan, Since the success of bitcoin, a lot of investors are chasing 'The next bitcoin' that coin who starts from a really low price and skyrocket with time. The problem with this is investors not always read about the coin they are investing in. They only care about the profit it can bring and not about the technology behind the token or coin.

To buy them is like placing a bet, in the long run, you can lose or win big, but nothing warrants the success of the coin.

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December 18, 2019, 04:29:51 PM
 #212

for me depends on needs.
if I buy a new coin or token at a low price then I will sell it when there is a good opportunity, my intention is to get double the profit from the initial capital.
I personally haven't thought about spending things using crypto coins, maybe next time. but sometimes I spend it to buy new coins, which I think are worth buying.
I suggest if you play with a new token you can do it for the short term. Even though there is good potential in the long term, there is a big risk that the new project will survive and be consistent in the crypto market in the long run or not. because most of them can only survive in one year and then they cannot compete with other platforms.

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December 18, 2019, 05:40:43 PM
 #213

Basically, 90 of hodlers would buy to trade. Just what I have witnessed overtime.

They do arbitrage, where they buy one coin from one exchange to trade in one exchange that has a much higher price than where they bought it, and many traders are involved on this kind of activity because there is a profit to be made here, but you have to have big funds and fast connection to do this.
ya, would buy to trade and makes profit from it. people like to buy new coins or new token because they are believe that it can bring profit for them. althought new coin is very high risk, but also can profitable when you good on analyze and take advantage   usssually new coins prefer to short term because risk in long term

 
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December 18, 2019, 06:37:52 PM
 #214

The reason why i buy a new token or coin because i expect a good profit from it when i used it for trading, but new coins in the year of 2018 i didn't get much profit because most of them are not good anymore, that is why i decided to continue to trade in top altcoins in the market like ETH, BNB, XRP, LTC just to have a profit.
You will experience deja vu if you only concentrate on altcoin top without seeing altcoin which actually has a fairly stable monthly trading volume. when conditions peak again, the percentage to be gained will be more than the coins you mentioned, I am talking about new coins such as tezos, aidos, swipe etc. which still has an average movement of around $ 1.
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December 18, 2019, 06:43:31 PM
 #215

The trends are that everyone is buying new coins in order to make money. The developers promise unique products, the development of which in turn will lead to the fact that the coins of the project will significantly increase in price. This pushes people to invest. However, as we can see from our own experience, not every project manages to keep its high-profile promises.

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December 18, 2019, 06:45:40 PM
 #216

I think the most common reason is to gain profits, crypto investors are taking a risk of buying new coins hoping that the price will pump in the future if the project is properly marketed and develop. In addition, new coins are cheap compared to the coin that is already established in the market so you don't need a big capital.

 
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December 18, 2019, 06:52:08 PM
 #217

Everyone wants to make profit out of crypto investment that is why they keep investing in new coins, its same for myself too i am investing in new coins hoping they grow in value soon

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starblocks
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December 19, 2019, 02:35:41 AM
 #218

There are quite a few reasons why you would purchase a new token or coin and that is primarily for investment or trading purposes to speculate about the value of the asset, or for utility for example for use with a particular dApp or in a popular game, or for features such as smart contracts, decentralized services and privacy

pikkie
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December 19, 2019, 02:44:30 AM
 #219

There are quite a few reasons why you would purchase a new token or coin and that is primarily for investment or trading purposes to speculate about the value of the asset, or for utility for example for use with a particular dApp or in a popular game, or for features such as smart contracts, decentralized services and privacy
indeed when you want to buy a coin must be able to see the function and usefulness of the coin if you have a lot of demand and can be used as a payment method that is widely used by people, it is certain that it can have a good influence on the price which can be expensive because of the influence of very demand high and of course supply is also an important influence and you must pay attention because it can influence the price of a coin.
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December 19, 2019, 04:18:16 AM
 #220

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

The most common reason why investors invest in new coins is to get profits. Investors get bonus on new token purchase in IEO, ICO and after listing in exchange, they sell their tokens mostly in profits accumulating with bonus tokens.
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