New and emerging Cryptocurrencies?

[TheUltraElite]

It is not necessary but that is just the way many newbies think, they see the profits bitcoin gave at the beginning and the profits it can give now and they think they are receiving the short end of the stick, with this in mind they prefer to look for other new projects to try to replicate the success that the early adopters got, we know the chances they will do so are almost zero but newbies only see the potential profits and nothing more, and then once they lose their money they claim they were deceived by scammers when in fact they deceived themselves.

I agree this is a continuous cycle that newbies go through and the only profit maker is the ones running these shitcoins over and over again without revealing who they are are evading legal problems.

I see this trend more in the crypto sector, while in fiat sector, people prefer to buy stocks of those companies which are well established at low price and hold it for the dividends and selling profit. I can see that same effect in bitcoin, and considering the low risk in long term holding, I dont get why newbies want to enter into newly launched coins. Are they so much of Angel investors that they want every project to profit? Then they are being a fool because this sector is full of scammers.

[Polkeins]

It is not necessary but that is just the way many newbies think, they see the profits bitcoin gave at the beginning and the profits it can give now and they think they are receiving the short end of the stick, with this in mind they prefer to look for other new projects to try to replicate the success that the early adopters got, we know the chances they will do so are almost zero but newbies only see the potential profits and nothing more, and then once they lose their money they claim they were deceived by scammers when in fact they deceived themselves.

I agree this is a continuous cycle that newbies go through and the only profit maker is the ones running these shitcoins over and over again without revealing who they are are evading legal problems.

I see this trend more in the crypto sector, while in fiat sector, people prefer to buy stocks of those companies which are well established at low price and hold it for the dividends and selling profit. I can see that same effect in bitcoin, and considering the low risk in long term holding, I dont get why newbies want to enter into newly launched coins. Are they so much of Angel investors that they want every project to profit? Then they are being a fool because this sector is full of scammers.

Newcomers buy new coins to get a quick profit there. Here and now, without waiting. A lot of YouTube channels every day recommends a huge number of coins that will grow at times, almost in a couple of days. Almost every day they find a new "diamond". Therefore, those who do not passed the bear market in 18-19 do not yet know what danger awaits them. Many people think that bitcoin is "boring", that you can't earn a lot of profit on it, maybe it will grow 2-3 times in a couple of years, but many newcomers want everything at once, especially after the news that some rare NFT was sold for millions of dollars.

[jostorres]

It is not necessary but that is just the way many newbies think, they see the profits bitcoin gave at the beginning and the profits it can give now and they think they are receiving the short end of the stick, with this in mind they prefer to look for other new projects to try to replicate the success that the early adopters got, we know the chances they will do so are almost zero but newbies only see the potential profits and nothing more, and then once they lose their money they claim they were deceived by scammers when in fact they deceived themselves.

I agree this is a continuous cycle that newbies go through and the only profit maker is the ones running these shitcoins over and over again without revealing who they are are evading legal problems.

I see this trend more in the crypto sector, while in fiat sector, people prefer to buy stocks of those companies which are well established at low price and hold it for the dividends and selling profit. I can see that same effect in bitcoin, and considering the low risk in long term holding, I dont get why newbies want to enter into newly launched coins. Are they so much of Angel investors that they want every project to profit? Then they are being a fool because this sector is full of scammers.

No need for the shitcoin maker to reveal who they are because what they are doing is not right anyway but those coin creators that believe that they are offering legit projects should not be afraid to expose their identity because that gives confidence to the investors. We think this only happens with crypto because we mostly hang out here and the numbers of cryptos are now huge but this also happens outside cryptos.

Till now, I can see news reports about people crying and wanting their money back because they got scammed by some shady company. Newbies love new coins because it's still new and they think the potential to earn is bigger than older coins.

[milewilda]

An altcoin that does have a good roadmap doesn't mean that they're not a scam. It can still be unknown until they become one.

That's why if someone wants to know if an altcoin is scam, it's hard to tell but you can avoid them if you see some signs that has been known that they're about to rug and to scam their investors.

The roadmap cannot be a reference, many factors must make the project a scam or a good project, such as the development team and the whitepaper they have. Sometimes scam projects just copy some photos and roadmaps and whitepapers from other projects, so they look very serious. Doing more detailed research will be very useful before joining or investing in the project.

Most people would really be looking on the roadmap because this is where you do really tend to see on what are the plans would a certain project would have which you would really be having idea
on what you are dealing with but of course not all information would be  honest and would be followed and its true that scammers would really just simply make their roadmap as convincing as possible
because they couldnt able to hook up investors if they do make themselves too obvious on having a shitty one thats why you should really be careful when making choices thats why
research would really be that important.

[newdevices]

An altcoin that does have a good roadmap doesn't mean that they're not a scam. It can still be unknown until they become one.

That's why if someone wants to know if an altcoin is scam, it's hard to tell but you can avoid them if you see some signs that has been known that they're about to rug and to scam their investors.

The roadmap cannot be a reference, many factors must make the project a scam or a good project, such as the development team and the whitepaper they have. Sometimes scam projects just copy some photos and roadmaps and whitepapers from other projects, so they look very serious. Doing more detailed research will be very useful before joining or investing in the project.

Indeed, seeing the Roadmap is also important but don't take it as a guarantee or reference as you say,
that's why it's important to do research before joining a project although again it's also not a guarantee to avoid scam projects,
but at least we know the information about the project in detail and that's good

[bitgolden]

Roadmap now seems to be just a requirements. No matter how good the idea sometimes the marketing or e, ecution of the project to be well known isn't enough for the project to succeed. We need to know the capability of the team whether they can manage well the project. When it comes to new projects now I prefers to buy only when there is upcoming hype or the project is backed with solid team or associated already by popular existing projects.

Roadmap also is the scariest thing to me at the same time. I mean roadmap means that there is a development team constantly changing something, and if they succeed there is a chance that it could be priced higher, if they fail then it will fail as well.

I am not sure if I am fine with that or not. Basically what this means is that we are in a situation where team could fail and that would mean all of our crypto would be gone. Where is the decentralization in that?

I believe in decentralization and that was the first reason why I got into crypto to begin with. I hate banks and got in trouble with them (never had any debt at all, it was identity theft problem). And this is why I believe that we should not be really doing anything that will hurt us. Just be what you could and be fine with it but do not promise me future development that will destroy the whole decentralization.

[tbterryboy]

You can be making use of different tools or platforms to check for new cryptocurrencies that are being released in the market. You can make use of coinmarketcap.com to be getting information on new coins that are being released in the market as well.

And you can also make use of exchanges such as binance.com or coinbase.com, because these exchanges will always announce new cryptocurrencies that they have listed on their exchange. Then you can be making use of social media like Twitter and be following up with the cryptocurrency community to know which projects are being released newly. There are so many ways that you can be getting this kind of information, but I will advise you to be very careful with new projects and make sure that what you are choosing is the right option.

[Emitdama]

seeing the Roadmap is also important but don't take it as a guarantee or reference as you say,
that's why it's important to do research before joining a project although again it's also not a guarantee to avoid scam projects,
but at least we know the information about the project in detail and that's good

It is very important that we check everything, and not just only the road map. We should also get to know the team of the project that we are planning to invest our money in, although there are also some projects that their team might choose to be anonymous, and I think that would make that project to be a lot more risky than the one that the team is not anonymous.

Because, the team that is not anonymous would have a face to save, so they wouldn’t really like to mess around with people's money, because they know that it is going to be a problem for them in the future. So, we should get to know the team and also be sure that they are truly what they claim to be.

[darewaller]

It is very important that we check everything, and not just only the road map. We should also get to know the team of the project that we are planning to invest our money in, although there are also some projects that their team might choose to be anonymous, and I think that would make that project to be a lot more risky than the one that the team is not anonymous.

Because, the team that is not anonymous would have a face to save, so they wouldn’t really like to mess around with people's money, because they know that it is going to be a problem for them in the future. So, we should get to know the team and also be sure that they are truly what they claim to be.

The thing is, there are many projects whose teams are anonymous and they still make it work, and there are many that turn out to be KYCs like hell, even celebrities supporting them and still end up being a scam.

So, the team being known or not know is not the case here. What we need is some sort of registration somewhere legit, like let's say the USA, that way if they do something scammy, they will be known and even if you lose your money there, there will be lawsuits thrown against them that will put them in jail. That will make sure any team that is trying to be not a scam. They can still fail, but failing is fine, scam is not.

[livingfree]

Many successful traders make used of social media to know the potential Crypto project in the community before investing their money. Through the social media platforms you will know if the project is real for people to invest their capital to make profit or not real for people to make a good profit. There are still some good cryptocurrency project that are good to invest and start earning something good from your trade, if only you can apply your personal research on social media to bring out those potential cryptocurrency project.

It's also a place where people can shill the projects that they are supporting.

Fake accounts that would be hyping the project can be found there. Like those reviews that are seems to be giving good feedbacks to that project.

You'll feel that there's something wrong even a project is new, there's already a lot of reviews telling how good a project is. Before you believe those reviews and tips from social medias, verify them first if they are legitimate.

[Lanatsa]

Many successful traders make used of social media to know the potential Crypto project in the community before investing their money. Through the social media platforms you will know if the project is real for people to invest their capital to make profit or not real for people to make a good profit. There are still some good cryptocurrency project that are good to invest and start earning something good from your trade, if only you can apply your personal research on social media to bring out those potential cryptocurrency project.

It's also a place where people can shill the projects that they are supporting.

Fake accounts that would be hyping the project can be found there. Like those reviews that are seems to be giving good feedbacks to that project.

You'll feel that there's something wrong even a project is new, there's already a lot of reviews telling how good a project is. Before you believe those reviews and tips from social medias, verify them first if they are legitimate.

Use your common sense and if you do then you would notice it on the spot which you would directly be having those impressions that it shouldnt be trusted and you could point out that there's something wrong with it.

If you do see red flags then better be wary and skip and find for another one which would really be worth.We do have our own way on researching things and made out some decisions varying on different factors.

This market is flooded out lots of projects or coins which arent really that needed thats why you should really be careful on what you are dealing with.

[retreat]

Does anyone know how to monitor new and emerging cryptocurrencies?
I hear about these floats of new cryptocurrencies but have not idea how to know when they're coming. 

Thanks

if you expect to make big profits easily from new coins then the percentage is very small, no one knows where the price of these new coins will be, the majority will end up being dead coins and have no value in the market. if you are still a beginner then don't try to play on new coins because the risk is really big, it's much better to focus on investing in coins / tokens that are in the top 100 CMC.

[livingfree]

Many successful traders make used of social media to know the potential Crypto project in the community before investing their money. Through the social media platforms you will know if the project is real for people to invest their capital to make profit or not real for people to make a good profit. There are still some good cryptocurrency project that are good to invest and start earning something good from your trade, if only you can apply your personal research on social media to bring out those potential cryptocurrency project.

It's also a place where people can shill the projects that they are supporting.

Fake accounts that would be hyping the project can be found there. Like those reviews that are seems to be giving good feedbacks to that project.

You'll feel that there's something wrong even a project is new, there's already a lot of reviews telling how good a project is. Before you believe those reviews and tips from social medias, verify them first if they are legitimate.

Use your common sense and if you do then you would notice it on the spot which you would directly be having those impressions that it shouldnt be trusted and you could point out that there's something wrong with it.

If you do see red flags then better be wary and skip and find for another one which would really be worth.We do have our own way on researching things and made out some decisions varying on different factors.

This market is flooded out lots of projects or coins which arent really that needed thats why you should really be careful on what you are dealing with.

It's just a warning because there might be people that think that social media is a safe place and there won't be those projects that will use fake accounts to hype their project.

It's becoming a common tactic these days to mislead those interested people about certain projects that they're looking at. That's making them convenient when they read those positive feedback and helping them decide quickly.

[livingfree]

It's just a warning because there might be people that think that social media is a safe place and there won't be those projects that will use fake accounts to hype their project.

It's becoming a common tactic these days to mislead those interested people about certain projects that they're looking at. That's making them convenient when they read those positive feedback and helping them decide quickly.

Therefore we cannot conclude anything based on only the information we get from social media. Moreover, today's social media can spread
misleading information, in choosing new projects for trading, caution is required. As you said, there are lots of fake accounts that spread
misleading information on social media massively. Sometimes we need to delve deeper into the projects we want to trade with.
We can also check the track record of the project development team, and fortunately there is this forum which in my opinion provides
a variety of information that we need, to help choose which projects are really worth trading. So don't be lazy to read the various sections
available on this forum, and after that, to be more convincing in choosing projects, we can also have a discussion with some of the members
in this forum. It takes great effort to ensure that the projects we will choose are truly potential.

Yes.

You always have to verify and check the authenticity of it.

We should always be a person that verifies information that we see and don't be too gullible with such because it might fool us if we're not careful of it.

[rojan]

Here often the top merchant announces millions of postings directly from a taking center, but this is not the end of the story, and the frustration of the local area can get a measure of the time and commitment you need to make in this digital sense when investigating how the network works.  I think it's constantly valuable

[Renampun]

...

The roadmap cannot be a reference, many factors must make the project a scam or a good project, such as the development team and the whitepaper they have. Sometimes scam projects just copy some photos and roadmaps and whitepapers from other projects, so they look very serious. Doing more detailed research will be very useful before joining or investing in the project.

That's right, the roadmap cannot be used as a reference whether the project is fake or real...

Prioritizing finding out who the developer behind the project is is the most important of all, and it's common for scam projects to promise fast and high ROI. Usually projects that promise fast and high returns are scam projects that try to attract greedy novice investors, the point is don't be easily tempted by any persuasion.

[TheUltraElite]

Newcomers buy new coins to get a quick profit there. Here and now, without waiting. A lot of YouTube channels every day recommends a huge number of coins that will grow at times, almost in a couple of days. Almost every day they find a new "diamond".

Oh dont get me started on those YT shills. They are the worst kind of people, manipulating newbie investors to get into some shitcoin who paid them and then dumping their coins on the newbies. This can be the worst start of trading journey for any newbie, but it was the investor's fault to follow someone else's advice than work on their own.

Therefore, those who do not passed the bear market in 18-19 do not yet know what danger awaits them. Many people think that bitcoin is "boring", that you can't earn a lot of profit on it, maybe it will grow 2-3 times in a couple of years, but many newcomers want everything at once, especially after the news that some rare NFT was sold for millions of dollars.

I know, the thing is that get-rich-quick mentality remains hidden in every investor, only needs to be stoked to life by some random punk on the internet. Bitcoin being "boring" is a common statement that I have also encountered, I tried to explain the opposite using charts, but they seem to have made up their mind. Only after a couple of years, those investors are nowhere to be seen having lost a lot of money on altcoins.

Till now, I can see news reports about people crying and wanting their money back because they got scammed by some shady company. Newbies love new coins because it's still new and they think the potential to earn is bigger than older coins.

There should be some logic behind that last line which I find lacking in people who say this. So these people are essentially gambling on some vaporware without any logic.

[Anguwa]

Does anyone know how to monitor new and emerging cryptocurrencies?
I hear about these floats of new cryptocurrencies but have not idea how to know when they're coming. 

Thanks

Almost all new cryptocurrencies follow developers, thus if you want to stay up to date on all new cryptocurrencies, you should follow developers on social media and Telegram. Also, if you are current and always active in the crypto exchanges Telegram channel, you will be able to know when new cryptocurrency is added.

[tygeade]

Newcomers buy new coins to get a quick profit there. Here and now, without waiting. A lot of YouTube channels every day recommends a huge number of coins that will grow at times, almost in a couple of days. Almost every day they find a new "diamond".

Oh dont get me started on those YT shills. They are the worst kind of people, manipulating newbie investors to get into some shitcoin who paid them and then dumping their coins on the newbies. This can be the worst start of trading journey for any newbie, but it was the investor's fault to follow someone else's advice than work on their own.

Unfortunately there are too many bad influencers that end up with shilling things that they get paid for. That is not a really good thing for all of us but they got their power from us. They are viewed and the more they watched the more money they made and the more power they got.

If they are capable of airing one video and increase the price of a new project then it means we are the reason why we are doing that, we are giving them that power. Goes for the same instagram, same for twitter and every other place, even telegram groups. This is why I believe that we are talking badly about those influencers but it is people who give them that power.

[fullhdpixel]

Almost all new cryptocurrencies follow developers, thus if you want to stay up to date on all new cryptocurrencies, you should follow developers on social media and Telegram. Also, if you are current and always active in the crypto exchanges Telegram channel, you will be able to know when new cryptocurrency is added.

It's not the cryptos that follow developers. do you mean to say crypto users follow the developers? you can follow the coin developer to check the updates of their creations but I think not all coin developers are active on social media because they have a busy life outside. There must be someone that controls their accounts, something like a fan page.

You should be careful and always verify if that was a legit person your following because anyone can now create a fake account and pretend to be someone else. Some crypto exchanges have a news feed and you can see their latest additions but on telegram channel? it's a known home for hype coins, be careful hunting coins on this platform.