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Author Topic: Any (relatively) new altcoin for investment? High procentual increase!  (Read 236 times)
Engineer7 (OP)
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May 06, 2021, 11:15:11 PM
 #1

Although I first heard of BitCoin around 2010, I did not believe the stated words. And I missed a lot, I could use that money  Grin


Is (are) there any relatively new altcoin that could do some interesting increasing. That has good potential. It is difficult to notice every coin as there are now more 9000 of them.

Thanks.
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May 07, 2021, 04:56:24 AM
 #2

Although I first heard of BitCoin around 2010, I did not believe the stated words. And I missed a lot, I could use that money  Grin


Is (are) there any relatively new altcoin that could do some interesting increasing. That has good potential. It is difficult to notice every coin as there are now more 9000 of them.

Thanks.
Based on Dyor and analysis, my view for current projects is good: $ Panther $ PYR $ Banana $ Sov.  It is also attracting the attention of the community.  I do not recommend, make sure you “have to” test and use your Dyor to verify and validate the projects before you want to put money there.

blockman
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May 07, 2021, 05:10:25 AM
 #3

You have to spend your time and DYOR. Nothing comes easy with those experiences that we had before. Those promising coins can be said as promising by any stranger but in reality, it's just all words without any research. Start your research from this link.
(https://coinmarketcap.com/new/)

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May 07, 2021, 11:07:57 AM
 #4

Doing accurate research is not for everyone, it takes deep knowledge and understanding to know what to look out for in a project, however, it essentially important to always dyor no matter how little to have idea what the project entails,
@op bare in mind that what you are looking for can't be handpicked so easily by anyone, some already mentioned sovryn (sov) above, it is a high potential coin even though the price is some what high, you can research on it, same with Volcan forge (pvr), the team are committed and price is very reasonable compare to sov, you can have a look at both.  

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Engineer7 (OP)
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May 07, 2021, 10:44:12 PM
 #5

Thank you guys for your comments. I should have done the dyor part in 2010 Grin

That /new link helped me already. And saw that there is a couple of topics with the same question actually in this forum.

I am also trying to understand how bitcoin works, but I am too slow.
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May 07, 2021, 10:58:00 PM
 #6

You weren't too slow, you just didn't believe with bitcoin on 2010. Most of people didn't believe as well when they heard about that, and they are regretting right now.

How to find a high return of altcoin from 9000 coins? Well you just need to learn about those 9000 coins from now. Do you think people can know the answer which altcoin will be worth later?
Engineer7 (OP)
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May 07, 2021, 11:12:22 PM
 #7

You weren't too slow, you just didn't believe with bitcoin on 2010. Most of people didn't believe as well when they heard about that, and they are regretting right now.

How to find a high return of altcoin from 9000 coins? Well you just need to learn about those 9000 coins from now. Do you think people can know the answer which altcoin will be worth later?

I regret about mine decision at that time because I had 200 euro's no more than that. And I was thinking and searching for very low valued stock price and to put that money and see what happens in five and ten years. Around that period I met BitCoin. However, that is was made by a "Japanese student" and that it is some kind of software made me not believe it. Satoshi was surely not a student  Cheesy



Anyway,  at the website counmarketcaps/new mine eyes catched now this token 420x. I read some of their story. It is about Cannabis  Cheesy   I can see it rising as Cannabis sellers illegally have large amounts of money and some politicians can promote cannabis. However I am against cannabis.

And the was deflationary with 8%.   I think that is a huge number. Who wants to loose 8 % of its token because he makes some transaction.

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May 07, 2021, 11:57:25 PM
 #8

You weren't too slow, you just didn't believe with bitcoin on 2010. Most of people didn't believe as well when they heard about that, and they are regretting right now.

How to find a high return of altcoin from 9000 coins? Well you just need to learn about those 9000 coins from now. Do you think people can know the answer which altcoin will be worth later?

I regret about mine decision at that time because I had 200 euro's no more than that. And I was thinking and searching for very low valued stock price and to put that money and see what happens in five and ten years. Around that period I met BitCoin. However, that is was made by a "Japanese student" and that it is some kind of software made me not believe it. Satoshi was surely not a student  Cheesy



Anyway,  at the website counmarketcaps/new mine eyes catched now this token 420x. I read some of their story. It is about Cannabis  Cheesy   I can see it rising as Cannabis sellers illegally have large amounts of money and some politicians can promote cannabis. However I am against cannabis.

And the was deflationary with 8%.   I think that is a huge number. Who wants to loose 8 % of its token because he makes some transaction.


Even if you have only put 50 or 100 euro on that time, and forget about it until now. Wonder how many millions your money will be turned today. But it's also correct we shouldn't regret for now and just move on to find other promising coin.

420x? Never heard about that. If i were you, i will focus on 300 top coins on Coinmarketcap or Coingecko to find promising altcoin which can up to top 50 or 100.
Engineer7 (OP)
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May 08, 2021, 03:53:26 AM
 #9

You weren't too slow, you just didn't believe with bitcoin on 2010. Most of people didn't believe as well when they heard about that, and they are regretting right now.

How to find a high return of altcoin from 9000 coins? Well you just need to learn about those 9000 coins from now. Do you think people can know the answer which altcoin will be worth later?

I regret about mine decision at that time because I had 200 euro's no more than that. And I was thinking and searching for very low valued stock price and to put that money and see what happens in five and ten years. Around that period I met BitCoin. However, that is was made by a "Japanese student" and that it is some kind of software made me not believe it. Satoshi was surely not a student  Cheesy



Anyway,  at the website counmarketcaps/new mine eyes catched now this token 420x. I read some of their story. It is about Cannabis  Cheesy   I can see it rising as Cannabis sellers illegally have large amounts of money and some politicians can promote cannabis. However I am against cannabis.

And the was deflationary with 8%.   I think that is a huge number. Who wants to loose 8 % of its token because he makes some transaction.


Even if you have only put 50 or 100 euro on that time, and forget about it until now. Wonder how many millions your money will be turned today. But it's also correct we shouldn't regret for now and just move on to find other promising coin.

420x? Never heard about that. If i were you, i will focus on 300 top coins on Coinmarketcap or Coingecko to find promising altcoin which can up to top 50 or 100.


Could have more than 20 million euro, was very close Smiley I could have used that money for a project, that is more the reason why I regret it now. Now it is too late for that project with this way.

@blockman suggested to look for new coins on this website https://coinmarketcap.com/new/
Just quickly looking at it 420x took mines eyes and it was cannabis thing, found it funny Smiley, just the wrong one
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May 08, 2021, 04:44:09 AM
 #10

what about sovryn. this project is pretty good. the price of the coin had gone up considerably since it was listed on the market. sovryn is a defi project for bitcoin. maybe there will not be a 1000% increase, but this project at least has the potential to increase more than other new projects.

Engineer7 (OP)
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May 08, 2021, 05:52:51 AM
 #11

what about sovryn. this project is pretty good. the price of the coin had gone up considerably since it was listed on the market. sovryn is a defi project for bitcoin. maybe there will not be a 1000% increase, but this project at least has the potential to increase more than other new projects.



Seems interesting and I see that people on this forum enthousiast about it.

However, I do not understand how lending can take place decentralized.
What is the price of Sovryn? Is it so new that there are not much on the market?

Financial appliances seems interesting, I am new into this will definitely look into this.
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May 08, 2021, 01:16:03 PM
 #12

(....)
Is (are) there any relatively new altcoin that could do some interesting increasing. That has good potential. It is difficult to notice every coin as there are now more 9000 of them.
Just think that 80%-90% of cryptocurrencies out there is a scam or fake or not legit.
Why not buying Bitcoin instead of finding some random altcoins out there that may lead you to bankruptcy?

To be honest, it is really difficult to find some relatively new altcoin, there are tons of them. The best thing here is starting to research if you really want to find one, it takes time and effort. Which is much better to do so you will not blame other people for telling you that to buy that coin.

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May 08, 2021, 01:46:21 PM
 #13

(....)
Is (are) there any relatively new altcoin that could do some interesting increasing. That has good potential. It is difficult to notice every coin as there are now more 9000 of them.
Just think that 80%-90% of cryptocurrencies out there is a scam or fake or not legit.
Why not buying Bitcoin instead of finding some random altcoins out there that may lead you to bankruptcy?

To be honest, it is really difficult to find some relatively new altcoin, there are tons of them. The best thing here is starting to research if you really want to find one, it takes time and effort. Which is much better to do so you will not blame other people for telling you that to buy that coin.

I am already bankrupted  Grin

Although there looks not much idea behind most coins, it looks like it is working  Cheesy  Usually you pay for services, goods. I don't know what happens now with most coins  Grin Maybe just speculating is still be worth.


I think that BitCoin will hold his price longer than others and could increase to higher values as it is just money with a good name. I had good idea that it would increase when it was 10000 $, around last year october, however I could not step in.
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May 08, 2021, 02:49:45 PM
 #14

what about sovryn. this project is pretty good. the price of the coin had gone up considerably since it was listed on the market. sovryn is a defi project for bitcoin. maybe there will not be a 1000% increase, but this project at least has the potential to increase more than other new projects.

verything is good now including Sovryn but this coin has been shilled very recently since listing, as you say, a defi project for BTC but then you also have things like pnetwork polka and even ren btc PLUS the original wrapped btc.

But still Bitcoiners need to be convinced to make it about defi as you know they just hate it a lot:)

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May 08, 2021, 05:17:22 PM
 #15

I am already bankrupted  Grin
Although there looks not much idea behind most coins, it looks like it is working  Cheesy  Usually you pay for services, goods. I don't know what happens now with most coins  Grin Maybe just speculating is still be worth.
I think that BitCoin will hold his price longer than others and could increase to higher values as it is just money with a good name. I had good idea that it would increase when it was 10000 $, around last year october, however I could not step in.
Then why you are still searching for new altcoins to invest? No one can guarantee you that which new coin going to have success in future. Majority of new crypto ends badly. People invest in new coins to take the profit in short term. If you want to keep your investment safely then choose bitcoin or any other top good altcoins. Bitcoin will have more strong position and higher price after few years from now. Maybe it won't give you the high percentage of profit like your expectation (from new coins). But it will ensure you the profit.

R


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Engineer7 (OP)
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May 08, 2021, 06:01:03 PM
 #16

I am already bankrupted  Grin
Although there looks not much idea behind most coins, it looks like it is working  Cheesy  Usually you pay for services, goods. I don't know what happens now with most coins  Grin Maybe just speculating is still be worth.
I think that BitCoin will hold his price longer than others and could increase to higher values as it is just money with a good name. I had good idea that it would increase when it was 10000 $, around last year october, however I could not step in.
Then why you are still searching for new altcoins to invest? No one can guarantee you that which new coin going to have success in future. Majority of new crypto ends badly. People invest in new coins to take the profit in short term. If you want to keep your investment safely then choose bitcoin or any other top good altcoins. Bitcoin will have more strong position and higher price after few years from now. Maybe it won't give you the high percentage of profit like your expectation (from new coins). But it will ensure you the profit.

Going all win with a lot of patience time will help me I think in the long run.  A lot of coins went this year 10, 20 times. If it will increase another 10 times then you have your 100 times. Not all coins will do this but maybe a new one can do this also.

But I except that more will be online. The Governments are pushing for this. So there could be a lot of potential with this way. A danger is that the Governments can decide to introduce their online coins. Then only a very few will survive.
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May 08, 2021, 07:01:23 PM
 #17

<snip>
Do you think that a centralized coin by government can create impact in crypto market? There won't be much difference between the regular fiat currency and the online created coins by the government. As a result, it won't be able to take away the crypto investors. Bitcoin may not increase 10× of current price soon. But potentially it may increase two to five times of current price within this year.

You can also check LTC and TRX for investing money newly. Both are old and undervalued coins compared to recent price rally of other top alts. New coins price may increase 10×, even 100× within short time but they have same possibility to go down very quickly. Where bitcoin and few other top alts have gained stronger position and has less possibility to decrease much in price. Not only look for a quick profit but also think for the safety of your money. Invest wisely.

R


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May 08, 2021, 08:38:10 PM
 #18

<snip>
Do you think that a centralized coin by government can create impact in crypto market? There won't be much difference between the regular fiat currency and the online created coins by the government. As a result, it won't be able to take away the crypto investors. Bitcoin may not increase 10× of current price soon. But potentially it may increase two to five times of current price within this year.

You can also check LTC and TRX for investing money newly. Both are old and undervalued coins compared to recent price rally of other top alts. New coins price may increase 10×, even 100× within short time but they have same possibility to go down very quickly. Where bitcoin and few other top alts have gained stronger position and has less possibility to decrease much in price. Not only look for a quick profit but also think for the safety of your money. Invest wisely.

I think the governments (rich country like USA) can do anything they want at this age and achieve it too  Wink

Thanx for the ideas.

Let's see what Elon Musk will do to DogeCoin tonight  Grin


 
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May 08, 2021, 08:45:55 PM
 #19

Going all win with a lot of patience time will help me I think in the long run.  A lot of coins went this year 10, 20 times. If it will increase another 10 times then you have your 100 times. Not all coins will do this but maybe a new one can do this also.

But I except that more will be online. The Governments are pushing for this. So there could be a lot of potential with this way. A danger is that the Governments can decide to introduce their online coins. Then only a very few will survive.

If anyone is on fomo that some shitcoins will pump 10x because of the current hype, than sure to be rekt soon. If any altcoins don't have product development or use-cases and it's pumped a lot, than it's a pure shitcoins and it won't survive in the long run. So try to DYOR before taking any further steps into altcoins.

BTW, none will use those coins which are introduced as those could be more centralized than other altcoins. Even if anyone use those, than it would be only for cashing cryptos for real life and nothing else.

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May 09, 2021, 05:54:02 AM
 #20

Going all win with a lot of patience time will help me I think in the long run.  A lot of coins went this year 10, 20 times. If it will increase another 10 times then you have your 100 times. Not all coins will do this but maybe a new one can do this also.

But I except that more will be online. The Governments are pushing for this. So there could be a lot of potential with this way. A danger is that the Governments can decide to introduce their online coins. Then only a very few will survive.

If anyone is on fomo that some shitcoins will pump 10x because of the current hype, than sure to be rekt soon. If any altcoins don't have product development or use-cases and it's pumped a lot, than it's a pure shitcoins and it won't survive in the long run. So try to DYOR before taking any further steps into altcoins.
yeah hopefully everyone take off the benefits of this bull cycle. A lot of people just don’t understand that eventually a lot of these coins will die, there no future in the long term but smart thing is get the benefits before price getting rekt. Anyway, recent Shiba inu moves make me nostalgia though.
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