What do I have to do

[Saluttoutle Monde]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

[bittraffic]

New and old projects is not so different in terms of price in times of bear market like today so here is your chance to actually get into the old project that had already reached its ATH in the last bull run. So invest on their particularly the projects that are on top of CMC rank. To name few like ADA, MATIC and Algorand.

[mk4]

If you cant resell the coins you're buying, then you're likely to be scraping the bottom of the barrel here — you're pretty much buying the shittiest of the shitcoins. If you were to speculate on altcoins(maybe for trading), then at least go with the more reputable ones lol.

If you want to short-mid term invest in altcoins, you're going to need to be smart and you need to think realistically. Don't get easily attracted by nonsense hypewords that ultimately mean nothing.

[Yogee]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated 

What do you mean? You cannot resell because the value is too low now that you're at a huge loss? Or is it because it was delisted?

what can you suggest to us and how to find out if the project is a scam?

Majority are either scams or just plain useless. Don't buy any of them if you're a newbie. Stick with BTC.

Is it true that new Coins can give big profits as people say on youtube channel?

Ignore youtube channels since most of them are only good on a bullrun. They disappear or go silent on a bear market. You don't need them. Just understand that probably 80 to 90% of tokens pumps on a bull market.

[NdaMk]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

Things to do to check if a project is legit

1. First thing is to do your own research and just rely on what you hear. You can do this by visiting the project's website and check there  white paper, it explains the project plans compare and verify your findings from other sources

2. Avoid projects that promises huge gains in just a little time frame. Due to cryptocurrency volatility just like the stable coin like Bitcoin it takes gradual time for investment to mature.

3. Another thing to again is to check the project community, the project's management although some project actually use influential people to promote there project. You should be moved by that but calm down and do more findings.

Lastly there are lots of scam project around so as a newbie I would strongly advice you to invest in stable coins like Bitcoin and other stable alt coins like Etherium and BNB. Just stay away from quick rich projects

[jackg]

Is it true that new Coins can give big profits as people say on youtube channel?

No it isn't.

If you're buying from an ICO, you're probably guaranteed to lose money (there's times when you might not but its the most likely thing to happen - a dev team normally doesn't want to advertise and bring more people in after the ico unless they're really behind the project (and this'll be hard to determine) because they don't need it to rise anymore, they've made some money of it already and often want that to be the most they could make.


You can check liquidity and volumes on a lot of dexes for tokens on ethereum (uniswap will have data and there are also token tracking websites). Coinmarketcap and similar sites also should show you the tokens volume (but it might not be as trustworthy unless from a major exchange).

[Shamm]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated 

What do you mean? You cannot resell because the value is too low now that you're at a huge loss? Or is it because it was delisted?

what can you suggest to us and how to find out if the project is a scam?

Majority are either scams or just plain useless. Don't buy any of them if you're a newbie. Stick with BTC.

Is it true that new Coins can give big profits as people say on youtube channel?

Ignore youtube channels since most of them are only good on a bullrun. They disappear or go silent on a bear market. You don't need them. Just understand that probably 80 to 90% of tokens pumps on a bull market.

On youtube channel we can not say that the people who are you looking at is a legit and trustworthy. Even with thier words, we can not assure that they are legit and the site or the coins they promote are good to invest cause nowadays many sites that offer a good amount of winning but thier are scam sites.

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

Things to do to check if a project is legit

1. First thing is to do your own research and just rely on what you hear. You can do this by visiting the project's website and check there  white paper, it explains the project plans compare and verify your findings from other sources

2. Avoid projects that promises huge gains in just a little time frame. Due to cryptocurrency volatility just like the stable coin like Bitcoin it takes gradual time for investment to mature.

3. Another thing to again is to check the project community, the project's management although some project actually use influential people to promote there project. You should be moved by that but calm down and do more findings.

Lastly there are lots of scam project around so as a newbie I would strongly advice you to invest in stable coins like Bitcoin and other stable alt coins like Etherium and BNB. Just stay away from quick rich projects

Stable coin like bitcoin , Ethereum and bnb is a good coin to be invested if we are newbies or new in the word of crypto.

[NeuroticFish]

what can you suggest to us and how to find out if the project is a scam

It's not so easy to find out a scam, even legit altcoin project can end up as scam. On the other hand, the right coin, bought in the right moment and (very important!) also sold in the right moment can give nice profits.
On the long term altcoins have disappointed me. So selling is just as important as buying.
But can you find out those moments? I'm not so sure. You have to be either very lucky, either very experienced. Or both.

So you better step back and get on learning. Crypto is not a simple "get rich quick" world. Altcoins, especially, can easily be called "get poor quick".

Stable coin like bitcoin , Ethereum and bnb is a good coin to be invested if we are newbies or new in the word of crypto.

Just to make sure... stable coins is a term used for coins pegged to certain value (usually USD or gold), so Bitcoin, Ethereum or BNB are not actually stable coins.
And if you want to call them good coins, I will agree on Bitcoin, but not on those altcoins.

[passwordnow]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

Well, there's half truth with those youtube channels if they're telling big profits for the new coins. There really are people that makes a lot of money after investing into new projects, they're the early ones and also luck plays a part on it. Because they don't know if it's going to hit success or not and once they see that they've earned a lot already, they'll start selling. But, to shortcut it, don't believe in anything they say and most of the new projects are the riskiest ones. If you want to have a stable journey, invest in bitcoin and if you're into altcoins, not all of them are great to diversify and maybe choose only ETH.

[CryptoPanda]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

I suggest you read the project white paper to understand the purpose of the project, what problems it's solving and the use-case. I think the utility of a cryptocurrency determines if the project will be long term, it doesn't guarantee profits but I'm confident projects with good use-cases are bound to last longer than meme coins and the rest. 

[GeorgeJohn]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

From the beginning you have to know the project commentary and from there you will understand if the project is bad one or good one, many projects are deceitful and you will find it difficult to detect or actualize the project that's potential from the commentary of investors. Its quite good to detect the potentiality of a project before investing there. Like as a beginner, you have to start investment with coins that is well known and also have potentials via investment.

[isaac_clarke22]

Well who are these "people in Youtube channel" ? Whoever that is/was might be lacking an experience in crypto and have not touched any shitcoins out there.  Some youtubers are just plainly paid for what they say, so that's why I do not take their words literally and don't even get me started on their video monetization lol.
I am sorry but you could have been  scammed already, OP.

[khaled0111]

Is it true that new Coins can give big profits as people say on youtube channel?

Investing in new coins is more like gambling than investing and the probability of losing your money is way higher than making a profit. My advice is to do your own research and only invest what you can afford to lose.
Besides, don't believe everything you read/see on the Internet. Those youtubers  most likely has been paid by the project owners to create those videos so don't trust everything they say.

[hatshepsut93]

Everyone is looking for a mythical "good project", and yet people don't want to acknowledge the reality that altcoins are fundamentally useless. Why should a coin that no one actually uses be worth anything? Because their marketing team promises that at some point in the future everyone will use it?

It's a wrong perspective to think that there are "scams" and "good coins". An altcoin will fail even if its creators have good intentions, simply because blockchain doesn't solve any real problems.

So instead of looking for some quick gains, just buy Bitcoin and wait a few years at least. Because Bitcoin achieved what it promised the moment the first block got mined - being a peer-to-peer electronic cash.

[Stalker22]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated 

What do you mean? You cannot resell because the value is too low now that you're at a huge loss? Or is it because it was delisted?

He is probably talking about scam tokens that you can buy but can not sell or transfer to other addresses. Like the "ERC20 Honeypot" scam. Such tokens usually have the transfer function disabled in the token contract, but with whitelist of allowed addresses to transfer them to the exchange. Every other transfer fails.

[Fivestar4everMVP]

Is it true that new Coins can give big profits as people say on youtube channel?

It's boils down to marketcap, a legitimate coin that have a very low market capitalization and has a huge potential to grow, will give much more profit if you invest in it when the marketcap is very low and wait for it to grow.
And I must also say this very important thing, you must not depend of rely on information found on youtube, you must now allow informations found on youtube to drive your investment decisions, else, you are gonna have a lot of crying to do, I personally have ones tried following informations on YouTube and I ended up investing in a scam project, always do your own research and be responsible for  your decisions and not some YouTuber some where.

[qwertyup23]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

There are dozens of ways in order to know if a certain coin/project is a scam.

First, you must check the whitepaper of the project. You have to read and check if what they created is purely original or plagiarized from different whitepapers already existing in the crypto-space. Second, check the domain if the website is relatively fairly new. If they registered under a fake domain address, then chances are that they are only hosting for free spaces which suggests a rug-and-pull scheme. Third, check the team members of the project and the overall creation of the website. If you saw that they did not even bother to put some effort towards the website, then chances are that such may be a scam.

There are lots of ways to determine if a project is a scam but you always have to remain vigilant and observant in order to avoid being scammed in the first place.

[Rengga Jati]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

I tell you the truth, not only newbies that often fall into losing but also all o us here are still risky of losing in the crypto investment or trading.
And, never trust what you watch and heard from YouTube or other channel media or influencers that promote new projects.
But, we all have known something basic, never follow any hype project that is conducted also with FOMO.
A new project is very risky, this is more likely to gambling. Although we have researched the project in detail, we consider that the project will be good and valuable in the future, this doesn't guarantee if the project can really grow up, finish their selling token, list in good top exchanges, have high trading volume or market cap. It doesn't guarantee.
That is why I personally will not suggest people or moreover newbies to invest in new projects, because of the high risks.
Except that you are a high-risk taker with some experience in investing in this kind of new project.

[Yamifoud]

newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated   what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?

Just what @mk4 said (and others), sell it ASAP if it still has the chance as it was hopeless seeing these shitcoins grow, it only stuck in your wallet if you hold them. And after that, stop investing in new projects instead, and go for Bitcoin and leading altcoins as they can provide you profit, not losses. Maybe you can blame those people who come and say on YouTube and encourage you to invest in a scam project but I think, it was your responsibility as well to do the research before falling into their trick. Generally, it was sad but that was your fault.

[sunsilk]

i once bought new coins but i can't resell them.

What are these new coins you've bought?

You're cheated? Likely and they're just for the money of those newbie buyers and don't want to be transparent with you guys because they're just for the sale.

Any reason why you can't resell it?

Does the exchange disable the trading pairs? AFAIK, for new projects and old ones if the exchange disables the withdrawal and pairs, there could be a reason for it. What does it says in your account?