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Bananington
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May 05, 2020, 01:43:51 PM
 #61

Personally I don't think its a bad idea to enact new projects with new coins/tokens, provided they are not scam and aim to be useful in a real life sector. It's of no use creating so many new coins when most have similar use cases, most will not even actualize their aim. Every crypto enthusiasts knows Bitcoin remains the pace setter, hence should occupy a reasonable portion of one's portfolio, but it doesn't mean there should be no room for new innovations. See projects like Chainlink, TEZOS etc atleast their development so far shows there is need for new projects.

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May 05, 2020, 02:35:18 PM
 #62

Personally I don't think its a bad idea to enact new projects with new coins/tokens, provided they are not scam and aim to be useful in a real life sector. It's of no use creating so many new coins when most have similar use cases, most will not even actualize their aim. Every crypto enthusiasts knows Bitcoin remains the pace setter, hence should occupy a reasonable portion of one's portfolio, but it doesn't mean there should be no room for new innovations. See projects like Chainlink, TEZOS etc atleast their development so far shows there is need for new projects.

   Bananington it's not a bad idea at all to watch for new promising projects. People expect to much, in shot
period of time, and when they don't get profit in time they wanted they start with complaints. But some of us
are aware that projects needs time to develop and put the project on the feet!
    I bought some Chainlink, not as much I would love, my investments are limited, but I will buy more when I
get some money for that. Tezos is also great, I have some, and I would like to buy more of them too, now when
you can stake Tezos that's make this project very attractive for us investors in long-term!



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May 05, 2020, 03:42:07 PM
 #63

I never expect a new coin which will beat Bitcoin in future, is it possible? Definitely new projects needed in market, we will be familiar with the concept and innovations, although will not getting reliable projects of scam ico for greedy dev, and if you have some dollars you can launched a project. Mostly oldest coins are dead i didn’t find 99% good to new projects.                 

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May 05, 2020, 03:56:09 PM
 #64

Investing in new coins are unsafe, many starts very promising and in the next few months they stop development and price starts dumping, investors will be the one losing out on the end
Yes, and things like you say have often happened to new coins, so that made many investors disappointed and no longer trust new coins at this time, indeed things like this are very unfortunate because projects that it will be difficult to succeed now.
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May 05, 2020, 04:13:42 PM
 #65

feel same too , most of some new coin just reused idea of the old one , they just putting some "flavor" and hoping people buying it . after it was launced , it just active just for 5month-1 year only
Yes, and if developers build new coins with old ideas, it is clear they will not last long even though they think that by using old ideas, people will like what they make, even though this is not the case, it will actually make new coins not last a long time in cryptocurrency.
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May 17, 2020, 05:59:55 AM
 #66

Personally I don't think its a bad idea to enact new projects with new coins/tokens, provided they are not scam and aim to be useful in a real life sector.
I like your optimism. But know this, that you cannot determine which coin is going to be a real life thing or not a scam in future. It is next to impossible for seasoned traders and investors to determine which stock is going bust after a year because it is completely unpredictable and crypto is even more smoke and mirrors.

Quote
It's of no use creating so many new coins when most have similar use cases, most will not even actualize their aim.
That is exactly the point. We already have mainstream companies doing most of the stuff and a shady "securities" running ICO will never be able to compete with multi-national companies. So dont trust any of the coin offerings.

Quote
Every crypto enthusiasts knows Bitcoin remains the pace setter, hence should occupy a reasonable portion of one's portfolio, but it doesn't mean there should be no room for new innovations.
Of course there is always room for innovation. But that means generating an independent market where the coin can be used and the inherent supply-demand ratio, which has always lacked in any of the coin offerings.

In reality if these projects had something so innovative, they would go for the stock market funding and not a shady thing like an ICO.

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May 17, 2020, 06:54:25 AM
 #67

Sticking with Bitcoin and ethereum won't bring higher reward for you because they are old projects, if you want big returns it's better to take your chances with new altcoins, just make sure the altcoins are real enough, and don't put your money on a single project

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May 17, 2020, 07:06:37 AM
 #68

Sticking with Bitcoin and ethereum won't bring higher reward for you because they are old projects, if you want big returns it's better to take your chances with new altcoins, just make sure the altcoins are real enough, and don't put your money on a single project
You have to remember most new project are scamming and has been scammed many investor. If not scamming many people the new project just have a good volume when the first time to listed on the exchange and after thag we will the project price will slump down and eventually doesn't have a value. But bitcoin and ethereum aren't like that, buy now and will be different if you buy them in the future. Both coin will never threat you as long as you choose a good place to store them.
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May 17, 2020, 07:12:02 AM
 #69

When we say new coin, its potential is in the long run, you don't expect it will pump right away, so those who does not understand the situation now might get disappointed and will not invest on new altcoins in IEO/ICO as they think it is just a waste of money since it will just fall.

Every coin starts with the new coin, though these existing altcoins are already successful but they'll not be able to take that position forever as whether we like it or not, there will be new ones that will be more popular than the old ones in the future.
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May 17, 2020, 07:19:42 AM
 #70

When we say new coin, its potential is in the long run, you don't expect it will pump right away, so those who does not understand the situation now might get disappointed and will not invest on new altcoins in IEO/ICO as they think it is just a waste of money since it will just fall.

Every coin starts with the new coin, though these existing altcoins are already successful but they'll not be able to take that position forever as whether we like it or not, there will be new ones that will be more popular than the old ones in the future.

I have no problem with new coins but the problem lies on their developers. If they have no long term goals, then it is better not to launch their project. But you can't stop them as they want to rip money as long as they can. I have seen a lot that are being screwed in masternode coins, in which pump and dump is common among them. As they can raise money via selling masternodes, they don't need to undergo IEO or ICO, which they can run anonymously but still they can raise money. So if you are an investor, you have to meticulously study the project and assess your possible risk.
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May 17, 2020, 08:39:08 AM
 #71

People would still invest in new coins if they find possibilities of profit in any new coin and it has became a trend in crypto almost every investor wants to make profit in short time and they understand that investing in a new project if the project has any connection to big exchanges can be beneficial for them after all making profit is the main fact in crypto. Somewhere it's good we have lot of options to make profit besides Bitcoin and ethereum.
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May 17, 2020, 08:48:24 AM
 #72

People would still invest in new coins if they find possibilities of profit in any new coin and it has became a trend in crypto almost every investor wants to make profit in short time and they understand that investing in a new project if the project has any connection to big exchanges can be beneficial for them after all making profit is the main fact in crypto. Somewhere it's good we have lot of options to make profit besides Bitcoin and ethereum.
I think there are many investors who don't buy all new coins, only a few coins that have real potential and have developments that have proven to be useful to many people, even now investors will only invest when the coins that are bought have entered a trusted marketplace such as an exchange Binance

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May 17, 2020, 09:12:45 AM
 #73

Extra care needs to taken when choosing new coins to invest your hard earned money on, some are just something that won't work out, you need to consider new altcoins use case, because most have unrealistic use case that are just not going to work.

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May 17, 2020, 09:20:41 AM
 #74

Extra care needs to taken when choosing new coins to invest your hard earned money on, some are just something that won't work out, you need to consider new altcoins use case, because most have unrealistic use case that are just not going to work.
Most of the time investors of new coins only after with the quick hype then after earning they'll go and find a new one, there's only few investors who are really aiming to support projects since lots of those who newly introduce are fakes and only trying to scam investors money. Much better to invest with old ones that already proven contribution to this industry.
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May 17, 2020, 09:32:17 AM
 #75

New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever

We have a hundred reasons why we should stick with Bitcoin and Ethereum, these two coins have put the Cryptocurrency in the spotlight in the e-commerce,  imagine we have not thought of the money that can be mined by a computer and we ourselves can become our own bank, without third party interference, so many coins shout that they are the new tech but they have not yet to prove themselves.


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May 17, 2020, 09:46:23 AM
 #76

When we say new coin, its potential is in the long run, you don't expect it will pump right away, so those who does not understand the situation now might get disappointed and will not invest on new altcoins in IEO/ICO as they think it is just a waste of money since it will just fall.

Every coin starts with the new coin, though these existing altcoins are already successful but they'll not be able to take that position forever as whether we like it or not, there will be new ones that will be more popular than the old ones in the future.

I have no problem with new coins but the problem lies on their developers. If they have no long term goals, then it is better not to launch their project. But you can't stop them as they want to rip money as long as they can. I have seen a lot that are being screwed in masternode coins, in which pump and dump is common among them. As they can raise money via selling masternodes, they don't need to undergo IEO or ICO, which they can run anonymously but still they can raise money. So if you are an investor, you have to meticulously study the project and assess your possible risk.

Goals are just goals, what's important is on how the team are developing the project as that is what is visible to them.
And also, we have to consider the situation, though a project has a good developer and like you said has a good goal, it does not guarantee a success.

The market is just struggling right now,  especially for altcoins. (old or new coins)
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May 17, 2020, 09:48:25 AM
 #77

Your thinking is right, because no matter which coin is thousands of times better than Bitcoin, Bitcoin still dominates the crypto market. This is a play that the whales have created and they decide to play. Good projects will be appreciated but can never replace great symbols like Bitcoin, ETH or USDT.

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shadowdio
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May 17, 2020, 10:09:38 AM
 #78

Better to stick bitcoin and ethereum or in the top coinmarketcap for your investment. It is high risk investing in new coins because high chance of losing money you know many of them were failed and scam.
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May 17, 2020, 11:32:43 AM
 #79

Better to stick bitcoin and ethereum or in the top coinmarketcap for your investment. It is high risk investing in new coins because high chance of losing money you know many of them were failed and scam.
High risk of losing but if they will succeed, there's a high return you can get.
That's the nature of investing, high risk assets usually give high reward, but it all depends on the investors on how he will spot a coin is currently an opportunity.

Old coins that survives the long bear market are liable, but they have already rise, so maybe the room for growth in a short period of time is just small compared to the new ones that could probably rise even more, so if you are an investor who are afraid of taking higher risk, stick with the old but reliable coins.

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May 17, 2020, 12:08:26 PM
 #80

Old coins have lower risk than new coins, and it's pretty hard to figure out which one is real and not scam project, I choose new coins only if they aim for big exchange, and their use case must be intriguing, but honestly speaking, new coins have the highest returns if you are lucky

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