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Author Topic: Questions for New Altcoins  (Read 1489 times)
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December 05, 2019, 05:45:19 PM
 #21

I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.
In this time, most of new coins is a shitcoin. we all know and recognize that. so dont be wonder if many people skeptical with those new coins and give bad review to them.

Quote
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
although Most of new coins is a shitcoin. it doesnt mean that all new coins is a shitcoin.
There are new good coin which is launched. Investor is struggle to find that good opportunity

Quote
2. Who are those developers that always create new altcoins projects?
I think, There are two types of developer:
1 Dev who just wanna grab investors money
2 Crypto-addict, crypto enthusiast, who want really developing cryptocurrency

Quote
Don't they know that most new projects just ended with failure?
yep, but the truly dev has big dream to make a good coin
Look at big coinmarketcap. those are example the good coin is, and NOT end with failure in years

 
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December 05, 2019, 05:52:50 PM
 #22

The answer may be that there are still good projects that generate profits for investors, Look at the IEO projects on exchanges like Binance, Gate, Okex, Huobi, they still bring good profits for investors. the investors.

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December 05, 2019, 05:59:51 PM
 #23

New projects have risks and losses, and we can't avoid them but they will be successful if people trust these projects.

And one of the things they look for potential to invest in is the innovative idea, a new concept that will give big  demand on the altcoin market.

There will still be several waves of new projects coming into the space. The funding of projects, startups, ideas didn't start with ICO or IEO and obviously won't end with them. Even if the current funding method (IEO) stops, a new way to fund startups will be introduced. As the popular saying goes, change is constant. likewise trends.  



So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

1. Making investments is still one of the best ways to make money effortlessly. Despite the risks involved, people would still invest with the hope of making gains. Take for instance, the recent IEO on Binance Launchpad (TROY) it did 2x (not much) but that's enough to revive the hope of some investors that stopped taking part in Binance IEOs.

2. Like I said, There's always a need to create something new and exciting as the trend is always changing. A decade ago, touch and smart phones weren't a thing but today it's different, and new phones are continously rolled out. That's how the world works. It's that simple.


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December 05, 2019, 06:14:04 PM
 #24

I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.

So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

*Warning: Sorry if these questions are ever made by someone!! I never copied or got an idea from others. This is my own opinion.

Either there are still investors hoping to see a new bitcoin like project or the team lie about the softcap which right now they failed and investors including the bounty hunters call them scam. This isn't like what is going on since 2017 where projects were funded and BTC were given away every where and only few manipulates the price.

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December 05, 2019, 06:24:21 PM
 #25

I think it's kinda hard to believe on new altcoins because most of them are just trash and they're end up scamming or just getting a very low value in the market, even some altcoins will not be listed on exchangers. I would like completely to use bitcoin rather than investing or using more altcoins. Probably libra (Facebook's new crypto currency) will be good, and I'll probably invest in it.
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December 05, 2019, 07:43:56 PM
 #26

1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?

   Every new project offers something. We have different projects, for exchanges, casinos, payment systems, and many more. There are tons of new
projects with new ideas, or old but improved ideas. Many of them have private investors, they have good marketing, they have plans for future. Good projects always find investors!
   Scam projects are searching for newbies. They promise much, but they deliver nothing.

2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?
   
   I can't name anyone, but there are good developers that work for the benefit of crypto-currencies. There are bad ones too. As much
as there are bad projects with scam developers, there are good ones, that have successful projects in their CV.

   



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December 05, 2019, 08:12:29 PM
 #27

I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.

So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

*Warning: Sorry if these questions are ever made by someone!! I never copied or got an idea from others. This is my own opinion.
1. The reason why some investors still invest in new project(altcoin) is best there are still some altcoin with promising future. However, the current position of new altcoin can't be use to justify its future position. Mind you, some people don't believe BTC, ETH etc will become what they are now.
2. Not all new project fail and the developer is aware of what's happening but the reason why there is an increase in the number of failed new project are incompetent of the project team.

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December 05, 2019, 08:40:54 PM
 #28

With regards to question 1, there are still investors in new altcoin projects simply because these projects have either resorted to overpromising on everything and ramping up the marketing budget to snare noobies, or they genuinely have something that is worth investing in (very few meet this criteria). The fact is, nobody with any experience in the industry is actively investing in ICOs or IEOs, unless the project is extraordinarily strong. Almost everybody has been burned by now, so there's few people left that are willing to take the bait.

The heaps of shitcoins has now made it hard for truly promising projects to acquire funding, and have potentially irreversibly damaged the industry. I actually think people should just abandon any project that clearly has no potential, and let its shitcoin drop off the map to reduce the total number of shitcoins.
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December 05, 2019, 09:37:07 PM
 #29

I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.

So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

*Warning: Sorry if these questions are ever made by someone!! I never copied or got an idea from others. This is my own opinion.

This is a great question!Thank you for asking it. Each day new people are entering the market. They often have little to invest but want to see massive returns.The one way they figure to reach their investment goals is to go for new exciting projects. The Sh*t coin developers know this and eat up most newcomers before they even get started. On the same token nu pun intended  Smiley There are equally talented Developers entering the space. The sad thing is... Imagine all the great projects we all miss out on do to the massive amount of Sh*T projects drowning them out. I often think about that. That genius level developer that did not get the exposure they needed. I always keep an eye out for that special project

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December 05, 2019, 09:51:50 PM
 #30

A lot of people just take their chances with altcoin investments and hope that they happen to strike gold eventually. It's been a pretty popular way of investing (gambling) in altcoins for quite some time since around the time of the big 2017 bullrun where alts were shooting sky-high all around and even since then, when things have gotten a bit more quiet.

As for the devs, many devs really don't care about the long-term success of their project or overall product and just milk the money while it's early and leave later. There are also others still who genuinely believe they can still make a viable product even though market conditions aren't that great overall.
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December 05, 2019, 10:04:47 PM
 #31

In as much as many new altcoin projects end us as failed projects or scams, there are still few projects giving investors hope. This all depends on personal risk-taking level, some continue taking calculated risks hoping they make a fortune from their investment along the line. Also note that the overall percentage of token sale investors dropped considerably, hence it's significantly a proof of decline in interest of investors for new projects.

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December 05, 2019, 10:20:42 PM
 #32

-
So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
-

there are still investors who are willing to risk on these new projects because it's either they personally know the team members or they believe that the team can deliver they objectives. there are a lot of business to be explored with blockchain tech so you really cant stop them form launching their own


-
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

-

though there are devs that create so many altcoins yet there are still newcomers in this industry. some companies which are already established with their respective businesses are now trying to integrate blockchain tech to improve their operations. you can call them serious businesses that wanted to simplify their operations and cut their expenditures via implementing this blockchain tech

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December 05, 2019, 10:44:11 PM
 #33

Investors continue to invest in new projects and new altcoins because many projects continue to be profitable. I observe many projects but do not invest in them. I observe and wait when new coins make good updates - then I understand that the project is alive and I can invest a not large amount of money in it.
I didn't get it at all, developers are jumping to a new idea or project to be funded and the old project will get left behind. I hope people could see behind the promising words every project developers are spitting. I am an investor on ICO early 2017 to 2018 and noticed how things changed on mid 2018, undeniably projects are less substantial to continue but was able to get funded by the beginner investors, at that time it ICO are slowly becoming ineffective due to the fact that developers are not that eager to upgrade the project for future use. You can actually notice it on bounty campaigns, there are less successful bounties this year compare to 2017 or 2018.
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December 05, 2019, 11:01:06 PM
 #34

1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?

Crypto investors are hoping that the project with some potential will grow its value over time because they believe that cryptocurrency has a bright future and they want to involve as earlier as possible to maximize the profit.

2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

For me most of the developers these days are just here to earn some money and doesn't really care about the project because they always imitate the project's idea from others.

 
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December 05, 2019, 11:02:30 PM
 #35

They just buy their own altcoins in order to attract other investors that there is someone buy this thing but actually it won't work well, investors now are aware of these actions and seemingly they give interest to those altcoins that have already in the market and not just new listed.
Only a fool investors would like to risk their money and hoping that they will double their money into new altcoins cause the reality is taking far from it.
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December 05, 2019, 11:25:02 PM
 #36

Because cryptocurrencies are still not dead and good projects continue to appear. Because the number of investors has decreased and they invest more cautiously, but they have not gone away. It's just a little of a lull in the market right now.

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December 05, 2019, 11:38:50 PM
Last edit: December 06, 2019, 12:06:58 AM by kawetsriyanto
 #37

1. Why there are still investors in the new altcoins project? ~snip~
Experienced investors won't do this, only those who are not aware of high risks doing this. New altcoins will drop their values gradually on exchanges after IEOs or ICOs. So, which investors still invest in new altcoins? I guess some newbies or beginners who are influenced by HYPE.  

2. Who are those developers that always create new altcoins projects? ~snip~
They may be some developers who try their luck or they are a group of serial scammers that always create other scam projects.

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December 05, 2019, 11:46:47 PM
 #38

I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.

So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

*Warning: Sorry if these questions are ever made by someone!! I never copied or got an idea from others. This is my own opinion.
1. Because some investors their viewpoints are different. They invested in a hit and run to minimize losses without a hold until their project was fully successful. There are also the Bodo times with new projects and choose Bitcoin or altcoins that have long been in Coinmarketcap.

2. When I knew since the again ICO, they created tokens for only the list in markets and some of those projects were the same dev. So I think the project is made random is the same person who has failed and want to do it again but still failed. There are only a few who are really intent on building their projects.

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December 05, 2019, 11:47:58 PM
 #39

Most investors are only after quick gains and nothing more which is the reason why most still participate in IEOs till now because listing is sure and if it is on a good exchange at least a little profit will showcase; all this is because they have understood that most of the of projects aren't worth holding. Developers on the other hand knows what they are doing; only few are in for the tech while a majority are in for their pockets which is why after listing and after a few pumps that ends it. While those in for the tech will keep looking for ways to expand operations.

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December 05, 2019, 11:52:22 PM
 #40

So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?
Good questions. The process was always like that, when most new altcoins became being dumped which results to be called as scam coins because of that scenario and failed investors with those coins simply call it like that.

1. With the hope of earning because most of these new coins are active for the moment so hype is high.
2. I don't know if you see a developer that keeps on jumping from one failed project to another, you already have an indicator what project to avoid.

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