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Author Topic: What future is expected for new altcoins?  (Read 962 times)
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June 18, 2020, 02:15:52 AM
 #41

many deficiencies that exist in the project mentioned. however, even from the look of the web, and the domain used, we can judge it. personally, I would not support a project like that. however, there are still many projects that are more promising than those projects, and even though like that, I prefer to stick to bitcoin and ethereum.

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June 18, 2020, 02:29:28 AM
 #42

New altcoins might only end up dying if they cannot gain trust and support from the investors. 2017 has been very profitable for altcoins but within its next years, everything has changed. We can only trust investing in bitcoin today because even if its highly volatile, it will always have time to recover and reach another all time high price again.
altcoin is currently difficult to recover their prices, after going down they are difficult to return to their original prices, there are even projects that die because the price of their coins in the market is destroyed and I prefer to choose investments in the top coins too, like bitcoin, etherium and others
Difficult or not depends on the development of the altcoin. it does not mean that when there is a decline there is no increase in the future. some altcoins on which their platforms have been made show good progress.

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June 18, 2020, 04:09:32 AM
 #43

New altcoins might only end up dying if they cannot gain trust and support from the investors. 2017 has been very profitable for altcoins but within its next years, everything has changed. We can only trust investing in bitcoin today because even if its highly volatile, it will always have time to recover and reach another all time high price again.
altcoin is currently difficult to recover their prices, after going down they are difficult to return to their original prices, there are even projects that die because the price of their coins in the market is destroyed and I prefer to choose investments in the top coins too, like bitcoin, etherium and others
It's not true to say all altcoins usually die after being decreased from original prices. We all know that there is no fixed price for coins in this market. The price fluctuates frequently and unpredictably. The price also is affected by many external factors such as the value of BTC, the market, etc.. However, altcoins still have the chance to recover their value if the project teams create some good moves!

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June 18, 2020, 04:16:58 AM
 #44

altcoin is currently difficult to recover their prices, after going down they are difficult to return to their original prices, there are even projects that die because the price of their coins in the market is destroyed and I prefer to choose investments in the top coins too, like bitcoin, etherium and others
True, but not all new coins difficult to rise from collapse of their prices, there are some new coins owned by good projects can rise from falling prices, like FX and IPX coins, after dump in the beginning distribution, but now their prices are starting to rise.

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June 18, 2020, 07:59:21 AM
 #45

I think most new altcoins don't have any potential to succeed. I only invest in the top altcoins like Ethereum, Litecoin and Ripple. If you are new in this market than try to pick some projects from the top 20 list at WorldCoinIndex:

https://i.imgur.com/o9VCjQS.png

And if you still want to invest in new altcoins than always do proper research.

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June 18, 2020, 08:09:39 AM
 #46

If new altcoins will have interesting ideas and technologies, then I think that such altcoins can be popular, and if, as always, new altcoins will try to copy already created technologies which have old altcoins, then these altcoins will not have a future.
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June 18, 2020, 09:39:38 AM
 #47

If new altcoins will have interesting ideas and technologies, then I think that such altcoins can be popular, and if, as always, new altcoins will try to copy already created technologies which have old altcoins, then these altcoins will not have a future.
I just see new projects copying ideas from old ones, there are lots of ideas but not all ideas can be successful in this market. So be really careful with new projects, it's best to buy the top altcoins in this market to be safe.

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June 18, 2020, 09:55:49 AM
 #48

Do not have too much interest on new altcoins, they will disappoint you, make sure the new project has very good or pro teams, if new altcoin have good features and bad team it's the end of the road for such project, you need to nurture the project and watch closely, still old altcoins are way better
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June 18, 2020, 10:06:14 AM
 #49

It will be a tough one since a lot of traders have lost faith in new altcoin, ICO from late 2017 to late 2019 scam project spawned left and right money-grabbing project have infested the ANN thread, some new altcoin will always face a hard dump in the first few months of its trading most of them don`t recover and will be categorized as shitcoin.
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June 18, 2020, 10:09:14 AM
 #50

Many projects are really scammers. You will simply lose your funds in a short time. Oddly enough, I did not fall into such ones, but always after the end of the ICO, the priceof any cryptocurrency fell by 50 percent or more. Therefore, I no longer invest in cryptocurrencies Sad
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June 18, 2020, 10:20:25 AM
 #51

New altcoins are less getting attention nowadays. Investors are choosing wisely with those of old altcoins, has a good reputation already and those altcoins that has a good feedback.
 
 But I dont wanna judge those new altcoins that are coming out nowadays, what I certainly look for those new coins are their product and platforms. It is not hard to identify if that new coin will make a good reputation in the future or not.
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June 18, 2020, 10:50:38 AM
 #52

The only altcoin I'm trusting right now is IDENA, you can mine it free and it's the only altcoin with unique algo of proof og human frombeing traded to 100 sats it is now at 900 sats and they are still in testnet, what more if the project moved to it's mainnet, this is one promising coin check their market stat.

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June 18, 2020, 02:36:01 PM
 #53

Many projects are really scammers. You will simply lose your funds in a short time. Oddly enough, I did not fall into such ones, but always after the end of the ICO, the priceof any cryptocurrency fell by 50 percent or more. Therefore, I no longer invest in cryptocurrencies Sad
if you will stop looking for good projects then you will just never make big money. Many people continue to earn money and everyone can do it if they do the right analysis of projects in which they want to invest their money.


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June 18, 2020, 03:21:21 PM
 #54

If new altcoins will have interesting ideas and technologies, then I think that such altcoins can be popular, and if, as always, new altcoins will try to copy already created technologies which have old altcoins, then these altcoins will not have a future.
Yes, but the problem is that almost all of the interesting ideas and technologies have already been built by the old Altcoin, so the new Altcoin is already a little difficult to create new ideas and technologies at this time.
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June 18, 2020, 03:34:30 PM
 #55

All the coins you've mentioned really don't have future because of the reasons you've mentioned, I still don't get it why these people keep setting or launching projects that do not have a team behind it, or with a photoshopped team when they are going to be caught, we have people here who are good in tracking these useless projects.

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June 18, 2020, 03:42:27 PM
 #56

I still trust new altcoin projects, if the new projects are good enough they will survive and if they are bad they will die real quick, I hope investors will always do their research and not leave that to others to do for them, to escape any bad projects trap doing research is the only way

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June 18, 2020, 04:04:50 PM
 #57

I still trust new altcoin projects, if the new projects are good enough they will survive and if they are bad they will die real quick, I hope investors will always do their research and not leave that to others to do for them, to escape any bad projects trap doing research is the only way
optimists are very necessary at a time like this, because of the many new project frauds even if there are they deliberately make slow calculations and even eventually people forget. does not make sympathetic is the corona pandemic is blamed to cover up the fraud they made.
actually there is an authorized authority to always check new projects that indicate fraud, to be blocked immediately so that no more people are deceived. or there is a community that is concerned with this by creating a thread about fraud indication projects.
I also remain optimistic like you that where there is no good there must be someone who is still trying to do good.

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June 18, 2020, 05:08:40 PM
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There is even nothing new about them, they are just repeating the same thing that other big cryptocurrencies have done. One of them made mention of a P2P transaction as their target for creating the coin, and just that. Tell me, how do you think such a cryptocurrency will make it this day? Bitcoin is already topping in that direction, and there are lots of people that accept it. Apart from that, there are lots of good top altcoins with better transaction methods, so what makes them think that anyone is ready to leave those ones and go for a token that is not known anywhere?

As per many people I have seen on this forum, altcoins and any new ICO may not have any definite future after IEOs dominance in altcoin industry. So, assuming ourselves about good future for new altcoins may lead to big disappointments later on. So, sticking within highly known coins may help us growing our money without facing nay hassles.
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June 18, 2020, 05:25:51 PM
 #59

Actually, most of the Altcoins have the same features the only difference was their total supply and I guess there is no point in having new altcoins we have enough but it can be a utility token of decent projects. I am seeing new and existing projects will adopt blockchain technology in the future and the use of most altcoins is just the utility token of those great companies and projects. Of course, each project will compete to each other adding more features to their altcoins.
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June 18, 2020, 05:44:17 PM
Last edit: June 18, 2020, 06:00:47 PM by Rafiqul
 #60

It is really difficult to predict the future of the new altcoins. We have seen that most of the projects that have come up in the last two years have not received public support. I believe if the project is good, as well as if the project team is dynamic, the project will definitely move forward.
But new altcoins need more time to grow in the future.

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