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Author Topic: Why not try out a less popular but promising token?  (Read 232 times)
bussybuddy
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March 10, 2024, 09:15:30 AM
 #21

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new coins. So, starting tomorrow, I plan to take the first step to learn about an unknown coin. Everyone is welcome to recommend, and the flag is set here.  Tongue
I encourage DYOR behavior in this market anyway. But I don't have certainty with projects that get little attention, instead my strategy is still bitcoin and the top altcoins, in fact the price increase from them is enough to make me feel satisfied in the portfolio personal investment. I'm not a person who likes to look for uncertain opportunities with things that many people consider x100 x1000, of course they exist but it's not much different from betting games, risking can bring big profits, but also puts you in a more risky position.

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March 10, 2024, 09:24:42 AM
 #22

I don't know of the AltCoins that are unknown to you but I'd best recommend Eth and BnB to you. They're lucrative and reliable AltCoins and if you're looking for a popularity Coin to invest on them go for bitcoine.
I'm not at the virtue to misguide anyone in this Crypto industry. I'm also concious of coins I Invest on because I can't tolerate with gambling with the funds that I know about potential coins that I can Invest it on and have me reliabilities

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March 10, 2024, 09:50:43 AM
 #23

Tokens with lower popularity have higher risk.  So finding such tokens is very difficult.  And I don't think anyone will invest in a less popular token.  Because everyone will look at the background of the token and its stability before investing.  But there is no such token in the market.  There are many tokens that are less popular but trusted.  But people have been scammed so much by altcoins and memecoins that it's natural to not trust those tokens anymore.  Even if one finds such tokens, one should think twice before investing and should do so.

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Troytech
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March 10, 2024, 11:57:59 AM
Last edit: March 10, 2024, 12:08:12 PM by Troytech
 #24

The only problem here is that they are hard to detect or find those good sheep from a swarm of sheep's, almost all new projects come out looking promising except those done by immature scammers that look so obvious and at times good projects are disguised this way too.

Looking for profits like 100x would surely get you into losing so much and its hard to get luck, I think rapid investment in so many projects would not be a good idea.

What you should do instead is go for the good old ones and invest in them, it's better a 5x that is sure than a 100x that is most likely not going to happen.

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March 10, 2024, 12:40:44 PM
 #25

That's not the only reason that a lot of us are afraid of new and "promising" tokens, remember that most of them if not all aren't really promising and they're just like that because someone said so about that token and because those people are early adopters that will stand to gain the most when that token is shilled to a lot of people. Another thing that would make it difficult for someone to invest in those tokens is that there's a lot of them in the market everyday and you don't know which one's you're going to put your money into and it's probably going to take you a long time to make a profit in any of them because they're most likely the kind that would take their time in growing and it's really difficult for some of them to get in if you want an airdrop, they make you jump through hoops to garner engagement from the people and at the same time you're actively evading scams and phishing links that latch on to this airdrops.
Cool If you can pick a promising token among millions of projects out there, I think you will become a famous expert trader soon. Reality isn't that easy, is it?

 
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March 10, 2024, 01:23:23 PM
 #26

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new coins. So, starting tomorrow, I plan to take the first step to learn about an unknown coin. Everyone is welcome to recommend, and the flag is set here.  Tongue

They became less popular since the dev made poor performance to introduce their project to a lot of potential investors. Also it means that they don't have good fundings to support it and to market it that's why its so risky to acquire this tokens since its like you are just wasting your money for that tokens. Much better if you invest on best tokens which already have good strong community support since he gets more chance to see a good pump on those token and might earn good profits compare on trying to take a risk on those unpopular tokens since for sure nothing to gain for that investment decision. Some caught up on idea that its easy for them to take their position and they just need to wait for a lot of people to accumulate then they became so lucky to buy at first. But this kind of scenario is hard to happen that's why its better for them to invest on those options that give them more better chances to gain.

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March 10, 2024, 07:51:25 PM
 #27

That's not the only reason that a lot of us are afraid of new and "promising" tokens, remember that most of them if not all aren't really promising and they're just like that because someone said so about that token and because those people are early adopters that will stand to gain the most when that token is shilled to a lot of people. Another thing that would make it difficult for someone to invest in those tokens is that there's a lot of them in the market everyday and you don't know which one's you're going to put your money into and it's probably going to take you a long time to make a profit in any of them because they're most likely the kind that would take their time in growing and it's really difficult for some of them to get in if you want an airdrop, they make you jump through hoops to garner engagement from the people and at the same time you're actively evading scams and phishing links that latch on to this airdrops.
But there is no other way to find a project to invest in: we either base our choice on our knowledge of the project/technology or rely on the opinions of other people (influencers and/or analysts). For investment, projects can be divided into two categories: those that already have their own token and those that are just planning to launch it. As practice shows, namely the last six months, early investors have a very good profit. And airdrop is a great way to receive project tokens, but it requires time and at least a small investment at the pre-launch/testnet stage.

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March 12, 2024, 02:49:05 AM
 #28

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new coins. So, starting tomorrow, I plan to take the first step to learn about an unknown coin. Everyone is welcome to recommend, and the flag is set here.  Tongue

I hope you find the token you're looking for! Remember, thorough research is essential to understand why a 'promising' token is less popular. Is it due to poor marketing, or are there fundamental concerns about its actual potential?  Keep in mind that investing in new projects carries significant risk. Don't let the lure of potential profits blind you to those risks – proceed with caution.

Honestly, finding a truly promising but unpopular token is incredibly difficult. The market is flooded with options, making it like searching for a needle in a haystack. However, with luck and careful research, you might just find that hidden gem. Good luck!

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March 12, 2024, 03:58:32 AM
 #29

Quote from: |MINERl
Tokens with lower popularity have higher risk.  So finding such tokens is very difficult.  And I don't think anyone will invest in a less popular token.  Because everyone will look at the background of the token and its stability before investing.  But there is no such token in the market.  There are many tokens that are less popular but trusted.  But people have been scammed so much by altcoins and memecoins that it's natural to not trust those tokens anymore.  Even if one finds such tokens, one should think twice before investing and should do so.

It can make investors to begin to doubt other tokens that has higher popularity in the market, which are some of the things investors looks unto before investing their money on any projects in the market. That is why some potential investors always advice investors to also concentrate on the population of the investors in that particular project before investing your money, because the population of investors in that projects will determine how good the project is to investors. If you don't think twice before investing in that tokens that carry lower popularity, it will definitely display some negative things that will make you realize that you make a wrong choice to be part of such token.

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March 12, 2024, 04:24:29 AM
 #30

Bear markets are more suitable for buying new projects because they tend to be undervalued. I made a 10x profit when I bought $dynex
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March 12, 2024, 04:49:49 AM
 #31

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new coins. So, starting tomorrow, I plan to take the first step to learn about an unknown coin. Everyone is welcome to recommend, and the flag is set here.  Tongue
It's worth it if people are afraid of the scam and performance of a new coin/token. Many have lost money due to that, people should even be more thoughtful about this and be careful as well. But this should not stop their blessing if they are wise, they only have to be smart about it as new projects even give more money than the old ones in many cases. However, I prefer crypto investors to mix the old and new ones together, and the investors that have nothing as much as 10 coins/tokens are still not serious about the crypto investment. This is to outsmart the market because no one would know certainly how the coin/token they possess would behave, which is why buying about 10 of them together can help you average their performance without any issues.

Some would indeed perform better and some would perform less, and when you choose rightly, even the least performing ones would be worth a fortune. Now, about the new coins/tokens, I advise you to wait until such projects are listed on a reputable exchange, and still watch the behaviour for a while. You should try to know the brains behind them, the community they were able to build, the money raised so far, the condition of the trend and all that.

Also, these days, if you must invest in new projects, you may want to study the new ones listed by CEXs, they may not disappoint you in this bullish season. But I warn you, they could be dumped pretty fast during the bearish season, but that can't be earlier than the second quarter of 2025.

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March 12, 2024, 09:09:34 AM
 #32

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new coins. So, starting tomorrow, I plan to take the first step to learn about an unknown coin. Everyone is welcome to recommend, and the flag is set here.  Tongue

As for me, the best time to look into tokens that are created are in bear market that's why you will the proficient worth of these tokens. Not now that everything seems promising and paying.

I just stick with my SOl, RUNE and BGB as they have showed their worth this past months

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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March 20, 2024, 03:52:24 PM
 #33

There are also many good new projects, there are several coins that are listed at fantastic prices and have lasted for a long time until now, if you are a news lover try to join the coin's twitter and media channels. Or you can look for the order ladder in cmc or coin gecko maybe order 10-30 DYOR.

It's no surprise that interacting with the coin costs a lot of money including the initial purchase, but if you're active in the coin you'll get royalties although not all developers are as generous.

A qualified funding rise will bring the coin to be more recognized by the community even though there is a prize distribution for participants, even participants save it because of trust in the project, for me news is important for the flow of coins to be bought or saved. Because curiosity alone will bring misery, but a quality project will show its work in every stage carried out by the coin.

I prefer coins from retroactives or from reward nodes even if they are new.

You're right, alot of good projects with good utilities are there. You have to look deeper. Been researching about CHAT, that's the token ticker for solchat, a Solana Blockchain communications project.. got in at $12 yesterday and see the price trend now..
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March 20, 2024, 04:01:35 PM
 #34

You can try the TFS token. I am particularly pleased with the high APY. It saved me when there was a bear market
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March 20, 2024, 04:05:35 PM
 #35

Unknown coin, like the ones the devs just pushed out? Is that what you want? I don't think it would be a great deal unless you know the person there and know that they are legitimate. It's going to be hard to know which could fly in price and having that kind of investment might be a double-edged sword.

I think it's better to study the background and buy it. Not the other way around.

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March 20, 2024, 04:16:39 PM
 #36

There are also many good new projects, there are several coins that are listed at fantastic prices and have lasted for a long time until now, if you are a news lover try to join the coin's twitter and media channels. Or you can look for the order ladder in cmc or coin gecko maybe order 10-30 DYOR.

I prefer coins from retroactives or from reward nodes even if they are new.

You're right, alot of good projects with good utilities are there. You have to look deeper. Been researching about CHAT, that's the token ticker for solchat, a Solana Blockchain communications project.. got in at $12 yesterday and see the price trend now..



It is very obvious that there are many projects in the market we can buy and hold that have great potentials although many of them might not give the kind of fast profits that we are interested to have having but they are good to hold especially when we are looking for a good token to hold for the future.
 We can always buy them and hold because they are going to do well in the market with consistent profits for holders. We can always make profits in the market if we know how to search for good promising projects to hold for the bull.









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March 20, 2024, 05:27:09 PM
 #37

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new coins. So, starting tomorrow, I plan to take the first step to learn about an unknown coin. Everyone is welcome to recommend, and the flag is set here.  Tongue

     The question is, op, what crypto coins do you want to buy right now? where is it categorized? you should know if you want to prioritize layer1, layer 2 or meme coins? To know the layers 1 here it is, just read it and it's up to you to choose from the link I'll give you https://www.techopedia.com/cryptocurrency/best-layer-1-crypto-projects

     Now if it's layer 2 this is the link you can choose https://coinranking.com/coins/layer-2 and when it comes to the top meme coins it's also https://coinpedia.org/information/10-top -meme-coins-with-substantial-growth-potential/

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