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Author Topic: Why not try out a less popular but promising token?  (Read 696 times)
shanhaigamefi (OP)
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March 08, 2024, 03:29:03 AM
 #1

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
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March 08, 2024, 03:46:41 AM
 #2

Op if you're willing to hold a token, then you should be the one to make your choice of holding, don't let others list coins for you all in the name of a promising coin. Reason I said so, right here in this forum we have lots of developers here, so definitely a developers would want to advertise his coin by bringing it as a suggestion for you to buy, and they'll seem as though they have done research. So be careful with information you are being provided with. I recommend you do your own research to get the coin you which to invest in, so that you'll be responsible for the risk and outcome of the project. If the result from you holding turns out good, then you'll receive all the credits for making a good choice ball by yourself and that will give you insight on how to make the right choice continually.
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March 08, 2024, 04:28:22 AM
 #3

Nothing really bad in being an "early investor" in a certain project because the growth potential is far higher. The reason why it's mostly not recommended for 99% of people is because a huge majority of people are simply incapable of making good decisions in such risky investments, hence why people are better off just buying BTC.

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March 08, 2024, 04:28:43 AM
 #4

Maybe we should not call it an unknown coin, we should rather call it a new coin. I can guarantee that some new coin will bring massive return that the 100 coins on the coinmarketcap. Also many top 100 coins will lose their spot after the bull market

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March 08, 2024, 05:07:12 AM
 #5

Maybe we should not call it an unknown coin, we should rather call it a new coin. I can guarantee that some new coin will bring massive return that the 100 coins on the coinmarketcap. Also many top 100 coins will lose their spot after the bull market
Correct, unknown coins means those coins can be old coins but not promising or not popular on the market, but a new coin have potential and listed on many major exchanges but somehow we missed it that doesn't mean it's a unknown coin. Mostly new coins price increased several times in the market than top old altcoins, and you know so many altcoins are reached in top 100 coins.

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March 08, 2024, 05:32:28 AM
 #6

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

Sometimes if when you choose carelessly it will also work but the percentage is 1:1000 only if you are lucky. Usually the token will rise if it gets a high pump from one of the well-known crypto influencers and there is hope that it will rise, but if it only hopes from buyers, as has been experienced by many people, it will stay there and not move in the value of our investment.

I thought, Why test and waste our money where it doesn't belong?? and if you want to have fun with your money I don't think it's a problem to keep gas.

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March 08, 2024, 05:32:45 AM
 #7

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
Scam is the main reason why many investors (including me) are hesitant to buy these new tokens.

In the past years, I've seen many projects turn out to be scam projects or what they call a "rug pull". The good thing is that there are fewer scam projects compared to what it was like 3-4 years ago when ICO was a popular niche. Many projects joined the hype at that time, but some of them were just created to scam people, and that changed how investors see these new ones that are popping out.

You want to learn about an unknown token or in this case new token. The problem with this new project IMO is the lack of community behind it since it's a new one. There are times when a new project that has no community at all will be the same, but there are some who will have people who will support the projects for some reason. Learning about an unknown token will be hard IMO because there are many of them. If you want to learn more about them then maybe focus on the bottom 500 or 1000 in terms of market cap.

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March 08, 2024, 05:33:26 AM
 #8

Maybe we should not call it an unknown coin, we should rather call it a new coin. I can guarantee that some new coin will bring massive return that the 100 coins on the coinmarketcap. Also many top 100 coins will lose their spot after the bull market
Yes I support you because there are many new coins that have come into the market and made good positions. Where some of the older coins were at the top positions, many new coins have come and taken their place. Investing in new coins is not risky but must be in good exchange and good position coins. Like ORDI, TIA etc. all these coins are new and have made a good position in the market. So new coins should not always be neglected.

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March 08, 2024, 05:35:43 AM
 #9

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
Well thats a risky one but in all honestly I think that new project is more potential of a gain with more higher than already listed especially when its narrative is based on the current trend now like AI, RWA, lsdi, depin or some memecoin. Well I do think that most will rise are the new ones. L2 are also good lile the one whom never experience bull run like arbitrum and optimism. Theres plenty of choices but now L1 are the one pumping like eth, sol and bnb.

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March 08, 2024, 06:24:54 AM
 #10

Nothing really bad in being an "early investor" in a certain project because the growth potential is far higher. The reason why it's mostly not recommended for 99% of people is because a huge majority of people are simply incapable of making good decisions in such risky investments, hence why people are better off just buying BTC.

Certainly, there is merit in being an early investor, as history has consistently shown that early bird are tend to have advantage over latecomers. However, it is crucial to be aware of risks involved with new projects as they don't have any history of performance. Therefore, take risk keeping in view your financial situation and risk tolerance level, or rather investing in Bitcoin is a better option as it is well established and recognized digital asset.









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March 08, 2024, 06:39:35 AM
 #11

It is ones decision to whatever they wish, this is also applicable to holding altcoin, individually choice is personal and thats is why it is advisable to allow any individual to choose whatever the I'm at to do, the thing is that people are more interested in bitcoin and thats because of trust, many token has been proven to be scam this changed the mindset of many investors to divert their attention, I have a friend that has lost a lot in this token of a thing and as it stands there is nothing you will tell him about new project that he wouldn't tag it scam and I believe that there are many people like that too, it very difficult to ascertain a less known coin thats is encouraging.

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March 08, 2024, 06:50:39 AM
 #12

Purchasing new coins isn't inherently daunting, particularly if you're confident due to thorough research. The real fear lies in investing based solely on hype or fomo. I refrain from recommending specific new coins, as their success rates are typically low in their infancy stages. Additionally, bear in mind that even the most promising projects, if lacking substantial community backing, may ultimately falter.

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March 08, 2024, 07:23:46 AM
 #13

Invest on to tokens has a big risk, especially  holding on to tokens that are less popular. In my opinion you are just wasting your money in vain.  Crypto is useful and valuable as long as people still use it and and trade it.  If you decide to look for a less popular token, I'm afraid one day it will disappear on the market and all your money will burn without a trace.  Investment must be done with analysis, strategy and a clear mind.  Instead of looking for less popular tokens, I suggest that you should jump into a new project like ICO or presell, select several tokens that you think are good and then analyze their potential well.  Or for better safe, just invest in Bitcoin or Ethereum.  I hope you rethink about your plans.

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March 08, 2024, 07:26:33 AM
 #14

Nothing really bad in being an "early investor" in a certain project because the growth potential is far higher. The reason why it's mostly not recommended for 99% of people is because a huge majority of people are simply incapable of making good decisions in such risky investments, hence why people are better off just buying BTC.

Being among the early investors in a new project can give you an edge because probability is that the price will not dip lower, rather it'll pump as more investors buys the tokens. The investors must however understand that investing in new projects is a gamble, because there are more more scams than genuine projects, so they must do the needful "research", so they won't fall for hypes and promises of getting unrealistic returns on investments. It's only Bitcoin and established altcoins that you don't need to research whether they're reputable to invest in, because they've proven their reputations.

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March 08, 2024, 07:28:35 AM
 #15

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

Why many individuals are avoiding the new and less popular tokens is as they're afraid of getting scammed. Alot of projects disappear after few months of launching as they're scam or lacking investors therefore only the popular ones keep getting more investors and their investors are making profits. This week, memecoins pumps and some of the biggest winners are popular memecoins while we have unpopular ones that no individuals are investing into them.

If you buy unpopular tokens, you mightn't be very lucky to have them pump and give you profits. Many unpopular tokens stay unpopular until they get delisted from the exchange that's trading them due to low trading volumes and to make space for the new and trending tokens that everybody is talking about. When you buy trending and popular tokens, you'll have hope that you're going to make profits.

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hitsnorth
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March 08, 2024, 08:02:07 AM
 #16

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

Well, those are the reasons why I'm not investing in new coins. Some old, but not that popular coins are usually can be checked just by the price history. For example, which is a bit not right, XRP is an old and very popular coin, but it had one ATH and never reached it after that, even during bull runs. Why people are still fighting for it? I suppose they just can't accept that they were wrong.
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March 08, 2024, 08:09:05 AM
 #17

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

New cryptos are not a problem, if they are easy and transparent then there is no reason to be afraid, but it depends on each person's research.

And even things that are created with bad intentions also have potential opportunities around them, we just have to grasp that opportunity. But its risk is always very high, anything new comes with initial skepticism (including bitcoin). I'm not the type of person who often takes risks with investments, so I always prioritize safety. So with new alts, I often rely on a number of criteria to decide whether to buy and keep them. Anyway, the choice is not forced, feel free to choose even if the results are not as expected, it also brings lessons for us to learn from mistakes.









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March 08, 2024, 08:27:49 AM
 #18

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

Everything in the crypto space is generally risky, but new tokens are less expensive to invest in. These are the lists of new tokens added from yesterday till today;

TOTO - $0.00002112. Started 20 hrs ago.
MegaWorth - $17.97. Added a day ago.
XRGB -$0.5451.Started a day ago.
Blast Pepe-$0.00001207. started 22hrs ago.
Africarare Ubuntu - 0.06555. started a day ago.

These are a few new tokens to invest in.
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March 08, 2024, 08:36:38 AM
 #19

Maybe we should not call it an unknown coin, we should rather call it a new coin. I can guarantee that some new coin will bring massive return that the 100 coins on the coinmarketcap. Also many top 100 coins will lose their spot after the bull market
But of course, new cryptos are the ones that will give investors that generational wealth they seek. Venturing into them isn't for fainthearted investors. Bitcoin won't be able to give that type of jaw dropping profit now. In the past, yes it did it; but not now. The Bitcoin market has already gone very high. Even if Bitcoin does $200k this bull rally, not many will get that benefit considering that a great number of investors don't even have 1BTC. Majority of hodlers are within the plankton and shrimp categories. We know how quantity gets one a better ROI. For me, I would risk newly listed or unlisted cryptos with a few dollars than risk hundreds of dollars to conservatively invest in the top 10–20 listed cryptos. Bear in mind that being on the top list doesn't guarantee that a object is solid and can't go under a few years from now. I've seen a great number of top listed cryptos go down the list and some even have disappeared with the wind.

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March 08, 2024, 09:25:05 AM
 #20

There are more than 2 million cryptocurrencies, and if we say that there are 10,000 cryptocurrencies worth investing in, if you decide to invest $10 in each cryptocurrency, this equals 100,000 dollars. Therefore, instead of that, investors prefer to invest in about 20 cryptocurrencies, and choose three to five currencies accordingly. Random or personal investment that is contrary to other investments or investment advice, but it is usually a shy investment of less than 500-1000 dollars.

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March 08, 2024, 09:38:45 AM
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But of course, new cryptos are the ones that will give investors that generational wealth they seek. Venturing into them isn't for fainthearted investors. Bitcoin won't be able to give that type of jaw dropping profit now. In the past, yes it did it; but not now. The Bitcoin market has already gone very high. Even if Bitcoin does $200k this bull rally, not many will get that benefit considering that a great number of investors don't even have 1BTC. Majority of hodlers are within the plankton and shrimp categories. We know how quantity gets one a better ROI. For me, I would risk newly listed or unlisted cryptos with a few dollars than risk hundreds of dollars to conservatively invest in the top 10–20 listed cryptos. Bear in mind that being on the top list doesn't guarantee that a object is solid and can't go under a few years from now. I've seen a great number of top listed cryptos go down the list and some even have disappeared with the wind.

I agree on this, if you’re looking for something like a massive profits then it is new listed coins because the already existing ones might have had their time. One advice I always give as to why it better to invest in bitcoin is the security it provides, you’re most certainly getting your funds back if you sale at the right time and also wait long. But it doesn’t gives you that massive profit highest in Atleast a year is 3x.

Also does top rated coins too do not guarantee both massive profits than newly listed tokens and they aren’t secure as bitcoin too because they can go down. Of someone is looking to gamble it all them low solid cap with small market and have realistic use are the better. The most riskier of them all and most profitable again is the ICO tokens like memcoins. You will see this Degens giving out like 1000x in a month

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March 08, 2024, 09:51:40 AM
 #22

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here.
You invest in new projects it's ok, if you feel comfortable with the project then you will if your research is good. Investing in emerging projects can lead you to profits if the project succeeds, but there is no guarantee that it will at all. I think investing in less popular or newer tokens would be risky. I've noticed that investing in new projects at this point results in the project disappearing after a few days. I am basically not worried at all about new projects. When it comes to investing I always prefer to invest in Bitcoin and top altcoins. If you invest in top coins then this can be a safe option for you.

ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
●          Mars, here we come!          ●
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March 08, 2024, 09:52:11 AM
 #23

Exploring or investing in new tokens can be interesting, just imagine those who started exploring bitcoin at the beginning and how they will feel to see how bitcoin has grown. There so many new tokens out there but investors major concerns is  about the project legitimacy, team experience and potential for substantial growth some of these  new tokens lack transparency or unrealistic promises and exaggerated marketing claims. But if they realistic it worth investing on new tokens especially starting from scratch with little amounts to invest in.
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March 08, 2024, 10:21:02 AM
 #24

Exploring or investing in new tokens can be interesting, just imagine those who started exploring bitcoin at the beginning and how they will feel to see how bitcoin has grown. There so many new tokens out there but investors major concerns is  about the project legitimacy, team experience and potential for substantial growth some of these  new tokens lack transparency or unrealistic promises and exaggerated marketing claims. But if they realistic it worth investing on new tokens especially starting from scratch with little amounts to invest in.

Certainly, exploring and investing in new project is a thrilling venture, and as you rightly pointed out the early adopters of Bitcoin have seen incredible growth in their investment, and success of investment in Bitcoin has fueled the interest in discovering next thing in the cryptocurrencies space. However, it is not an easy task, it requires intensive research and unwavering focus . In my opinion that next big thing could happen in Artificial Intelligence (AI) sector. DYOR










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March 08, 2024, 10:38:58 AM
 #25

You are right, for example, I am absolutely not willing to buy new coins, because very often I fell for a scam. I prefer the more reliable and established coins on the market, such as the top 15. For me, the new and unknown always leaves me with bad memories.Where there is a lot of money, there will always be fraud, so you should always approach this matter with caution and caution.
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March 08, 2024, 11:10:25 AM
 #26

Even if on paper some new tokens have projects behind them, promising platforms, in reality it is impossible to predict their future performance so it is always a gamble to invest in them, i prefer to invest perhaps with less profit but on relatively safe altcoins such as eth, bnb, matic

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March 08, 2024, 11:25:49 AM
 #27

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
Good luck. We're scared to buy new tokens because many of them are prone into rugpulling and I don't want that to happen to my money. I still invest in new projects but I don't put that much money on it and only an affordable amount that I am able to lose.
While this is a common strategy that many seem to be able to hit the lottery with their investments but I don't recommend that for myself because I am a conservative type of investor.


.SWG.io.













..Pre-Sale is LIVE at $0.15..







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March 08, 2024, 11:35:18 AM
 #28

They all might seem promising, but you've got to do deep research with all of that. And it still doesn't confirm that this coin will not be rug pulled or at least that it will perform well.
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March 08, 2024, 12:15:35 PM
 #29

Unpopular coins tend to be new coins. If you do some research and in-depth research, you will probably find a very good coin. Until now, I have seen quite a lot of coins that are not popular, but give investors very high profits.
However, choosing such a coin does have a high risk. But it is worth the profit you can get. This is what makes so many people become early investors in new projects. Even before the project starts, if it is a promising project, there will likely be a lot of investors willing to take the risk.

.SUGAR.
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March 08, 2024, 12:18:17 PM
 #30

High risk high reward but I know someone who already made a lot of money by just doing this, they are more likely to gamble here but if you are skilled and have knowledge on the field you can make some money here.
Especially now the market is bullish, a lot of new and less popular tokens will pop and most of them are just scams so we must be careful.

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March 08, 2024, 04:42:16 PM
 #31

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
I believe that at this stage, you should learn how to take risks and be confident in your decisions. Recently, I just saw the announcement of bitcoin's new ATH. And indeed, the movement of the crypto space is creating a vibrant and volatile atmosphere. With new altcoins, it depends on each person's research to be able to make appropriate decisions. I'm still paying some attention to gamefi trends and have faith that the bullish cycle coming to this sector will have massive FOMO.

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March 08, 2024, 05:12:02 PM
 #32

Op if you're willing to hold a token, then you should be the one to make your choice of holding, don't let others list coins for you all in the name of a promising coin. Reason I said so, right here in this forum we have lots of developers here, so definitely a developers would want to advertise his coin by bringing it as a suggestion for you to buy, and they'll seem as though they have done research. So be careful with information you are being provided with. I recommend you do your own research to get the coin you which to invest in, so that you'll be responsible for the risk and outcome of the project. If the result from you holding turns out good, then you'll receive all the credits for making a good choice ball by yourself and that will give you insight on how to make the right choice continually.

In as much as i would agree with you 70%, i think its very easy for someone not well grounded in this space to buy rugpull projects all in the name of looking for potential gems. If it is established project like BTC, ETH and other top projects with good liquidity and mcap. There is no problem but investing in new projects can be dangerous if one dont have all the requite knowledge about it, its use cases and the project team and that is why sometimes, insight gotten from this forum can help someone make an informed decision. I am not disputing the fact that their are several developers that may want to advertise their projects but out of 10 comments maybe one of them can be in that category.  As regards the OP quest to invest in new coin, i actually buy the idea coz if one is able to get the right project to invest in especially as bullrun seems to have started, one may easily get decent returns compare to established coin. For me, Scallop $SCA is a project that am watching closely as the launching is imminent. The backing from industry giant like CMS Holdings, 6MV, SUI, AC Capital, UOB Ventures, Signum, Cypher, etc is a testament of how interested investors are keen on the project plus the TVL has  also surpassed $117. Will also go live on exchanges soon.
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March 08, 2024, 05:26:14 PM
 #33

Nothing really bad in being an "early investor" in a certain project because the growth potential is far higher. The reason why it's mostly not recommended for 99% of people is because a huge majority of people are simply incapable of making good decisions in such risky investments, hence why people are better off just buying BTC.
Reasonable reason, looking at the potential i prefer btc over others, because i don't want to take too high a risk even though a little result would be better.
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March 08, 2024, 05:41:17 PM
 #34

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

When we dare to try something new it will become a strong character because in crypto it is not wrong for us to try new things, let alone buy new coins so that we become investors in the first row.
Every coin that appears is not intended to deceive investors but does not reach the target, so we are more careful in choosing new projects that appear to avoid losses, old coins have a lot of potential but movement is slow so the decision and belief must come from ourselves.

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March 08, 2024, 05:51:59 PM
 #35

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
Your money your rules
Your money your choice
Your money you full rights

When it comes on investing on new projects then it would really be that entirely be depending on you on which it would really be just that common that there would really be
those people who would really be skeptical on investing into new projects but eventually you could really be able to make money if you do able to hit up the right spot.
Not all good looking and good utility kind of project do able to pump out. It would be always be something that needs up for some community support and recognition on which this is
something i should say that on where one of the main or biggest factor that could make a project do pump.

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March 08, 2024, 05:52:15 PM
 #36

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
If you neglect the contents of your wallet and are ready to take unreasonable risks, then try to catch your luck with "less popular but promising token". There is no fear in buying a new token, but there is a sober rational calculation based, so to speak, on statistics. 99.9% of tokens is useless and unnecessary garbage. Trying to find a couple of diamonds in the form of "less popular but promising token" in this pile of garbage is practically impossible. In this case, it is better to adhere to a conservative investment strategy.

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March 08, 2024, 08:23:41 PM
 #37

Why do you have to look for a stupid way by buying tokens that are less popular, whether they are guaranteed and promising. Because if you don't have a community it won't mean anything. Tokens that are not popular but have a strong community and good marketing are better. Don't choose high risks if there are many better options.
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March 08, 2024, 08:28:35 PM
 #38


the good thing that might happen in diving into the new token is that you become an early investor and the possibility of getting millions is what you hope for.

but there are lots to consider when you want to invest in a new token. scam is just one that you have mentioned but whatever makes sense to you will end up in your portfolio and if that doesn't yield ROI for you then it's a liability which is not good for business.









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March 08, 2024, 08:39:02 PM
 #39

Are you that rich to just put your money at risk? Grin

Investing in lesser known projects or newly launched projects can be a good thing if only risks are properly managed. Investing is always risky but moreover when you are investing in projects that are not that big or popular.

Of course you should do your own research because not all coins that are unpopular right now would stay that way. If you see potential, then you should invest on it. We all have different levels of risk tolerance and we might not be as open to investing to a new project than you. Plus, if this coin truly has a potential then you should be able anle to find it for yourself and not hear it from other because that would mean you are already a little bit behind.

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March 08, 2024, 08:46:13 PM
 #40

If a project gets to the exchange and let's say it's not progressing much in terms of price but still it's a real projects and if the dev team develops the project further than we may see increase in its value and this is what I term as unknown coins i nena there are many such coins in the market and I have made some investment in one such project named UTK which is good but not well know.

The sole reason why people don't invest into new or unknown coins is what if it's a scam which happens with most of the new projects as they either don't reach exchange or they just dump it on the day of launch and that's all.









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March 08, 2024, 09:24:26 PM
 #41

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
Probably the big reason is the potential scam project and that’s why many still prefer to invest on a popular project even if it’s a new one. There’s no problem to invest with them though as long as you see it’s potential and as long as you are ready for the risk. Personally, in this bull market my both eyes are just looking at the top coins, they are the one who are making a big pump and we should follow that trend for now.

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March 08, 2024, 09:58:48 PM
 #42

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
Honestly, this is very new for me. I  am not really familiar with the token.
It cannot be denied that for some people, especially those who dare to take high risks, buying certain tokens at the start, especially if the tokens are large enough, can provide quite a lot of profit. Moreover, if you can really be that successful in getting into the top exchanges in the next listing, then usually you will be successful. But of course, it's not easy to find what tokens. If so, for the long term, I would prefer the popular ones, the top coins, and of course there is no doubt about their fundamentals and existence in the market. So, this will return to the personal
  reference again.

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March 08, 2024, 10:59:25 PM
 #43

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

You've spoken like a true degen. Degens don't even want to know if a project has any utility or anything else to offer but would rather "ape" in first then ask questions later. If you want to be degenerate, it's the bull run so you could get very lucky especially now that meme coins are all the rage.  Wink

Personally, I'd still stick with tokens that offer some utility and enough liquidity (that means it has to be listed on a top tier exchange) so that if I want to take out my position, I should be able to do so.

For instance, here's a tweet of someone "apeing" into a not so popular stablecoin: https://twitter.com/3liXBT/status/1766092647205151110?s=19

The results? Liquidity was pulled now even an $1 swap causes over - 70% slippage.

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March 08, 2024, 11:15:46 PM
 #44

Nothing really bad in being an "early investor" in a certain project because the growth potential is far higher. The reason why it's mostly not recommended for 99% of people is because a huge majority of people are simply incapable of making good decisions in such risky investments, hence why people are better off just buying BTC.

It's just an investment which may come with a high potential but just 1% certainty. Most new project turn out to be scam in most cases even after numerous research. I have bought some in the past but I ended up loses my money. I will advise you hold more of Bitcoin and If you still like to try new token, do so with a little capital that you can avoid to lose. This is because investing in most new project has no difference with one being gambling.

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March 08, 2024, 11:22:00 PM
 #45

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
When planning to invest in altcoins,  it is something you need to make your own decision,  you kind just depend on people opinion because many people will come with a different ideas that may not favour you at the end of everything.  It is better for you to make your own research to know which project you can invest in.  When planning to invest in altcoins you need to make a thorough research for you to be sure with what you are going into.

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March 09, 2024, 12:00:36 AM
 #46

I like the idea of being among the first investors but I keep asking why should I risk so much to a project that is very young. instead why not just focus on reputable Altcoins or better stay with Bitcoin and make simple profit than stress my head with headaches of new tokens. especially when is very new you will always have to keep up with every move the project makes.


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March 09, 2024, 08:12:32 AM
 #47

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
You already mentioned the reason why many people avoid new token and you will agree with me that those reasons have be justified as the evidence abound. I will not discourage you from trying new token because I have also been thinking in that direction since the market is green, there will be some new good projects that will ride the wave of the excitement in the market. If one can chose few of them, there is a high chance of making a good profit. You should just be careful in choosing the token to go with because not many of them are worth investing in. Most of the new projects turn out to be bad investment and that is enough reason to b careful.

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March 09, 2024, 10:48:37 AM
 #48

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

Trading and the cryptocurrency market are all about risks, whether it's new projects or old ones, you should always remember that you are playing with fire and your hands can burn at any given time. There are a lot of old projects that couldn't perform in their initial days but did pretty well recently, take GNO as an example, and there are also projects that were extremely popular and trusted but then failed miserably and aren't able to recover anymore, such as LUNA.

So, there is absolutely nothing wrong with making investments in new cryptocurrencies, the thing is that one should be able to do enough research and understand the market very well to understand whether a project has potential or not.

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March 21, 2024, 09:51:46 AM
 #49

I am coming,let’s talk about the cryptocurrency that has made me profitable recently – DRN

DRN comes from UM Co., Ltd., an emerging company focusing on the field of blockchain and encryption technology. Its main business covers Gamefi, cryptocurrency, NFT, BaaS platform and other fields. Of course, if it were not my friend, I would be not care  to this introduction.

Because he was playing this company, Pet Island, he recommended it to me and asked me to play with him. The gameplay is simple. Through interactive behaviors such as feeding, playing, and dressing up, the owner can increase the energy output and growth rewards of the divine pet, thereby earning DRN.

The DRN drop frequency of God's Pet Island is not high, but it aroused my curiosity about chain games. Later, I tried another chain game of UM - "Mountains and Seas". In the early days, I didn’t spend much money or put in much effort. To be honest, the art style of this game is quite rough. Its biggest advantage is that it is free and has the option of fool-proof operation. Let me take a break from work. Unknowingly, my combat power and level have improved, and I can harvest areas where high-level monsters drop more DRN. I will also turn on full auto before going to bed, and 0.5 DRN will always arrive in my account in the morning.

As the number of DRNs increased, I began to explore the newly developed mining application of UM Co., Ltd. - UM Club. I decided to test the waters by short term storage of some DRN. Unexpectedly, it didn’t take long to take it out, and the profit was quite considerable! Although the money is not much, it is enough for me to treat myself to a big meal, haha!

Now, I feel more and more that DRN is a treasure. I believe that as more players and investors realize the potential of DRN, its price will undoubtedly continue to rise.

https://umcrypto.io/#/game
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March 21, 2024, 11:23:47 AM
 #50

I am coming,let’s talk about the cryptocurrency that has made me profitable recently – DRN

DRN comes from UM Co., Ltd., an emerging company focusing on the field of blockchain and encryption technology. Its main business covers Gamefi, cryptocurrency, NFT, BaaS platform and other fields. Of course, if it were not my friend, I would be not care  to this introduction.

Because he was playing this company, Pet Island, he recommended it to me and asked me to play with him. The gameplay is simple. Through interactive behaviors such as feeding, playing, and dressing up, the owner can increase the energy output and growth rewards of the divine pet, thereby earning DRN.

The DRN drop frequency of God's Pet Island is not high, but it aroused my curiosity about chain games. Later, I tried another chain game of UM - "Mountains and Seas". In the early days, I didn’t spend much money or put in much effort. To be honest, the art style of this game is quite rough. Its biggest advantage is that it is free and has the option of fool-proof operation. Let me take a break from work. Unknowingly, my combat power and level have improved, and I can harvest areas where high-level monsters drop more DRN. I will also turn on full auto before going to bed, and 0.5 DRN will always arrive in my account in the morning.

As the number of DRNs increased, I began to explore the newly developed mining application of UM Co., Ltd. - UM Club. I decided to test the waters by short term storage of some DRN. Unexpectedly, it didn’t take long to take it out, and the profit was quite considerable! Although the money is not much, it is enough for me to treat myself to a big meal, haha!

Now, I feel more and more that DRN is a treasure. I believe that as more players and investors realize the potential of DRN, its price will undoubtedly continue to rise.

https://umcrypto.io/#/game
So this is the main reason why this thread was created ?  Grin it is about DRN but you made  us all interesting in what you are gonna deliver here in your thread weeks ago  Grin

Congrats about your initial success and waiting for your advance update in the next one so we can join you in this celebration lol.









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ElonCoin.org.
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March 21, 2024, 12:44:10 PM
 #51

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

Investing in a new token at the very beginning is a good idea to get a higher profit margin. I think unknown tokens are not worth the time or money which is why they are unknown. BTC is the best option to earn profit with a limited risk of losing money. However, most of the experienced investors and members of this forum advised to not invest in these coins because most of them turned out to be scams and people lost their hard-earned money.

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March 21, 2024, 02:24:00 PM
 #52

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

Investing in a new token at the very beginning is a good idea to get a higher profit margin. I think unknown tokens are not worth the time or money which is why they are unknown. BTC is the best option to earn profit with a limited risk of losing money. However, most of the experienced investors and members of this forum advised to not invest in these coins because most of them turned out to be scams and people lost their hard-earned money.

Investing in a new token isn't a bad idea, but you really need to be careful so that you won't end up invest in the wrong coin, reason been that there are some coin that has been in the market for long but they don't have the potential to increase in there value, just imagine investing on this coin how is your future going to look like? however investing in a new token is very good when you make a long term investment with it, mostly when you invest in a profiting coin,I'm pretty sure you're going to make a lot of profit in the future.

ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
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March 21, 2024, 02:48:59 PM
 #53

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


That  a coin is not popular doesn't make it unknown there are a lot of coins out  there both new and old that might not be known to you, take a look at the following and make your own research.

1. Taraxa

2. Connect

3.joystream

4.nexa

5.game swift



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March 21, 2024, 03:42:20 PM
 #54

Investing in a new token at the very beginning is a good idea to get a higher profit margin. I think unknown tokens are not worth the time or money which is why they are unknown. BTC is the best option to earn profit with a limited risk of losing money. However, most of the experienced investors and members of this forum advised to not invest in these coins because most of them turned out to be scams and people lost their hard-earned money.

Many individuals have lost their money from investing in unknown tokens hoping that the tokens will become known and they'll make profits. Many investors are buying unknown memecoins as they hope that the memecoin will become popular as some of the new popular memecoin has dominated the market from having no popularity just few months ago. All this aren't a guarantee as you can make profits while others are losing when you invest in an unpopular token.

There's no way you'll know if a token is promoting or not as there are many good projects yet they're not getting the attention that the tokens with poor fundamentals are getting. In the altcoin market, hype is what is making tokens to become very popular and not due to what the project is bringing or working on. Investing is an individual opinion therefore that follow others but do what will work well for you.

R


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March 21, 2024, 03:50:44 PM
 #55

Investing in a new token isn't a bad idea, but you really need to be careful so that you won't end up invest in the wrong coin, reason been that there are some coin that has been in the market for long but they don't have the potential to increase in there value, just imagine investing on this coin how is your future going to look like? however investing in a new token is very good when you make a long term investment with it, mostly when you invest in a profiting coin,I'm pretty sure you're going to make a lot of profit in the future.

In fact, new coins with a long term will increase the risk. New altcoins typically take advantage of short-term market moments to increase their value. This usually happens at the momentum of open trading or being listed on a new exchange. it's very short and in the long term we won't know whether they will be able to last long or not.
competition in the market for new altcoins is quite heavy. when they do not have strong market support, they can very quickly fall.









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March 21, 2024, 04:09:52 PM
 #56

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

It's the strategy but the problem is it's not easy to find less popular promising coins early. I've tried buying $100 worth of any coin that had good concept and a good website but that strategy didn't worked. Either the coin got on decreasing losing all transaction volume or remained low or at the same price point for months.
Another strategy that actually worked for me is to invest on new promising coin which are already a bit popular and buy it on the dip. I invested on Solana with the same idea at around $20 and it paid off. I invested the profit on TON at around $1 and SUI at around $1 as well. TON is now 4+  while SUI is 1.8+



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March 21, 2024, 04:11:36 PM
 #57

Life without risk is coward. We must face challenges to over poverty and becomes great in the society. The bold step you have taken is good one and when you investing in it use DCA to invest so that you will be monitoring the movement. I really like your courage to face risk. Not everyone can do that and what you said is not really the truth but the second one who you have said is the truth that "scam", and yes everyone is afraid of the scamming so the investment on those project is not much.

And if I will recommend to you of any altcoins which others have also recommended some to you I will like to add this one for you which is Eloncoin. Invest in it and come back and greet me.









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March 21, 2024, 05:38:45 PM
 #58

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

Investing in new projects in the crypto space is risky, no doubt, and as you've mentioned the obvious being that there are more scams than legit, so it'll be left for any investors that wants to go ahead to understand that they're gambling their funds, but they can minimize the risks if they know how to research the new or unpopular projects. So the key word is to carry out research before buying, any token that you think is promising, and if you feel positive to go ahead and buy it, then do so, afterall it's your money, so it's important that you don't rely 100% on what others tells you about a token, because if they're wrong, then you your investment capital is gone.

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March 21, 2024, 05:49:49 PM
 #59

No one seems to invest in the new token. Because everyone has their own money illusion. No one wants to be a victim of a scam.  Everyone wants to invest somewhere trustworthy. People are getting scammed even after checking a lot. And without verification, will you lose everything by investing in a new token? But it can be trusted but you should invest a small amount of money for a short time in the beginning. Because less  Nothing can be said for sure about popular token. It may or may not be trusted.


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March 21, 2024, 05:59:23 PM
 #60

Popularity plays a huge role in any token simply because it generates demand and success of a coin. Indeed potential is a good indicator but it won't mean a thing if it won't be seen by the investors. For sure this is not a new thing; over the years, we saw many projects which had a huge potential upon being introduced in the market but only a few succeeded to be recognized by majority. One reason I guess is the idea that there are many tokens or projects being released weekly. You won't have all the time to check each of those coins and those which names are being noisy, are the ones being more promising.

One good example is the category of memecoins. These tokens are mostly not having any utility buy why's the demand stilk high? Because there's a hype. Hype on the other hand stands for popularity. There are even times those tokens which aren't even promising are ones which are being monitored by investors. Seeing whether a project is promising or having potential is subjective. Meaning, it could be only in your perspective but not with the majority of investors.

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March 21, 2024, 07:24:16 PM
 #61

Promising is subjective.
It is promising for you but not for me. I am done looking at these promising coins and start to get on the reputable ones. I may snipe some based on my bias but I couldn't be better than the others who have been doing this. When you're going to be spot on with these potential coins in your opinion, you better prepare for what's coming on it because you have no idea whether they'll be successful or not.



 

 

 

 

 

 


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March 22, 2024, 02:43:30 PM
 #62

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

There's no harm in trying to look for new projects. It's true that we have to learn something new so that we enter earlier than other people and we are ahead of other people. We can also make maximum profit, but we need to remember that new projects have quite high risks, so Therefore, you have to be careful about it and have to do your own research

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March 22, 2024, 05:23:43 PM
 #63

Trying out new, unknown, less popular tokens is actually a really good idea. The big value is in low - mid cap coins/tokens that haven’t exploded yet. Sure you will hit a good amount of total rugpulls & scams but you only need one absolute moon bound one to get rich.

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March 22, 2024, 05:37:44 PM
 #64

Trying out new, unknown, less popular tokens is actually a really good idea. The big value is in low - mid cap coins/tokens that haven’t exploded yet. Sure you will hit a good amount of total rugpulls & scams but you only need one absolute moon bound one to get rich.
We also need to be aware of project that has less market cap because they are good to hold for the bull.
It is also important for us to know what we are doing and also focus on projects that had been in the market for long now.
Making financial decisions in the market is not that easy and we need to know how we could go about it.
We can make money in the market through different ways which we need to endeavor. There are some low cap coins too that don't worth our investment and we need to be very careful about the.









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March 22, 2024, 06:00:29 PM
 #65

If you rush to buy tokens just by looking at adware, then you can lose because any token can be used for promotion activities. As a scam token any exchange that enters and later they run away with the money. You should get top investment experience so that you can easily grab the best project as soon as possible. The right decision for investment should be personal because you don't want to carry the amount of your losses. So choose by researching rather than listing coins for you in the name of promising coins.


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March 22, 2024, 06:17:27 PM
 #66

Trying out new, unknown, less popular tokens is actually a really good idea. The big value is in low - mid cap coins/tokens that haven’t exploded yet. Sure you will hit a good amount of total rugpulls & scams but you only need one absolute moon bound one to get rich.

its only good if it's pumping in the bull market. there are memecoins that are doing something like this but i would certainly be selling them when the ATH is achieved. there is no good thing to happen when it's less known to crypto.

everybody wants to ride the pump in the bull run though so their strategy is just to keep looking for promising pumped coins, not even a promising coin but something that can generate big profit when it starts shooting to the moon.









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March 22, 2024, 09:31:44 PM
 #67

There's no harm in trying to look for new projects. It's true that we have to learn something new so that we enter earlier than other people and we are ahead of other people. We can also make maximum profit, but we need to remember that new projects have quite high risks, so Therefore, you have to be careful about it and have to do your own research
New projects are important for the space, it generates volatility for the market and most of them don't survived the Bearish season while some are still up and running in the space. I think we should be extremely careful not to deal with the system because it's broad and complex. Making our own research and ensuring we're definitely on the right path of gambling. Making profits should also be among the plan, infact its the top objective whenever we're in the space.

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●          Mars, here we come!          ●
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March 22, 2024, 10:56:25 PM
 #68

Maybe we should not call it an unknown coin, we should rather call it a new coin. I can guarantee that some new coin will bring massive return that the 100 coins on the coinmarketcap. Also many top 100 coins will lose their spot after the bull market

That is, if you can make a noise and build a large community in a short period of time, like what happened with Bome, Wen, and other cryptos that have recently appeared in the crypto space, we will suddenly find out that they have been listed among the few top exchanges in this field of crypto space.

Isn't that what happened in Bome, where the price suddenly increased by 100 after it was released for 3 or 4 days? So how many more coins will we see appearing in the crypto industry? And the question is, how will we know that they are the same as Bome, Pepe Coin, and others?

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March 22, 2024, 11:35:11 PM
 #69

Those reasons which you mentioned that cause fear in people are actual reasons to be worried about. Investing in altcoins has only gotten riskier over time. It’s not something you’d just want to invest in a random coin. So, I appreciate that you’re saying “learn” and not “invest”. Matter of fact, you can learn about the technology of the token instead. That is the best thing to look into. But nonetheless, don’t go investing just because it’s unpopular and you think it could eventually get popular and blow up… some of these tokens never make it to sunset.



 

 

 

 

 

 


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March 22, 2024, 11:39:59 PM
 #70

Only new people afraid to invest in new project due to their lack of the ability to judge a projects merit. In most cases they have no idea how to choose a project or understand a projects potential in the short and longer terms. Its not hard for people to make money once they understand this industry and why there are so many new project every month.









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March 24, 2024, 03:01:35 AM
 #71

Altcoin is altcoin, wether you try lesser popular or popular token if it will not scale through in the market there is nothing any one can do about it, though there are some unpopular projects that are promising but what I know for sure is that for anyone to know all these he or she has to be active as a core crypto person.
Having an asset in crypto is not a joke, you have to weigh options before you finally decide to invest, up till moment people don't like unpopular coins, it is very rare for people to invest in what they don't know no matter how promising such project is, there must be an attractive factor that will push people to it.

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March 24, 2024, 06:58:34 PM
 #72

Popularity plays a huge role in any token simply because it generates demand and success of a coin. Indeed potential is a good indicator but it won't mean a thing if it won't be seen by the investors. For sure this is not a new thing; over the years, we saw many projects which had a huge potential upon being introduced in the market but only a few succeeded to be recognized by majority. One reason I guess is the idea that there are many tokens or projects being released weekly. You won't have all the time to check each of those coins and those which names are being noisy, are the ones being more promising.

One good example is the category of memecoins. These tokens are mostly not having any utility buy why's the demand stilk high? Because there's a hype. Hype on the other hand stands for popularity. There are even times those tokens which aren't even promising are ones which are being monitored by investors. Seeing whether a project is promising or having potential is subjective. Meaning, it could be only in your perspective but not with the majority of investors.
This is true, creating popularity is the hardest thing a token can do and usually doesn't pick up after a long time, because if something is popular from the start then it is popular, if it is not then after a while people would just say why would they get in. This is why it's really hard to get into less popular projects, many people would argue that if it was any good then it wouldn't be less popular for months and months or even years.

This means that while I do get scared about investing into it, that means I am part of the problem because if I fear and you fear and everyone else fears then our fears would be true and it won2t go up, but if we do not fear then we could be wrong and lose money too. This is why it's usually not a good idea.

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March 25, 2024, 07:42:33 PM
 #73

Altcoin is altcoin, wether you try lesser popular or popular token if it will not scale through in the market there is nothing any one can do about it, though there are some unpopular projects that are promising but what I know for sure is that for anyone to know all these he or she has to be active as a core crypto person.
Having an asset in crypto is not a joke, you have to weigh options before you finally decide to invest, up till moment people don't like unpopular coins, it is very rare for people to invest in what they don't know no matter how promising such project is, there must be an attractive factor that will push people to it.

If a altcoin is popular in the industry then you are already late to getting onboard in most cases. The task is to find a potential project before its getting fame or popularity. If a project is unpopular then it will be better to keep your distance from it this project is not making any money so the investors will leave the project eventually for another new one.









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March 25, 2024, 10:58:35 PM
 #74

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token..

I am sure that you will quickly run out of money that was allocated for the experiment, because I have never seen anyone part with their money so easily. You must understand that this is your money, no matter how easily you got it, nevertheless you must take care of it, excluding such adventures.

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March 26, 2024, 06:37:44 AM
 #75

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

Cryptocurrency is inherently volatile and high-risk, and less popular but promising tokens carry even greater risk. If a token has low demand, its survival is questionable even if it offers promising features. While you might invest hoping people will eventually recognize its value, the majority of these tokens don't survive.  Many people won't be interested unless the developers make significant marketing efforts.  Therefore, always do your own research and only use money you can afford to lose.

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March 26, 2024, 08:40:20 AM
 #76

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token.
The scam is a very good reason why one might want to stay away from new crypto projects, and of course, many have been scammed due to this in the past. Also, the belief matters so much even as I love to respect the beliefs of others. If your belief is not in line with any project, you may honour it, but do not be pained if you later see the project moves x100, after all, without risks, there can't be gains and it is the risk for those who are now millionaire of cryptocurrency took for them to get to that level.

This is why at times, we look beyond our belief and the fear of being scammed to take the risk, and if it works well for us, we will eventually smile. However, I do not think that any cryptocurrency that has been listed by exchanges like Binance can still be a scam. This is why I wait till they are listed in such an exchange. If the project is good and promising, I buy it. After all, it's all about risk.

But for the cost, that can't be a good reason at all, as new projects are often very cheap to own.

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March 26, 2024, 08:16:36 PM
 #77

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

Cryptocurrency is inherently volatile and high-risk, and less popular but promising tokens carry even greater risk. If a token has low demand, its survival is questionable even if it offers promising features. While you might invest hoping people will eventually recognize its value, the majority of these tokens don't survive.  Many people won't be interested unless the developers make significant marketing efforts.  Therefore, always do your own research and only use money you can afford to lose.

I know the same thing has happened with some of the promising projects as proper marketing is necessary for survival of new coins because that's when you get a chance to grab eyeballs and pool in investors and if we have a marketing tactics which falls flat or no marketing at all then it would be really difficult for survival because your project will not even reach the right audience. UTK aka xMoney is one prime example.









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March 26, 2024, 08:58:15 PM
 #78

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token.

And one of these you will probably end up with. Also, it is very time consuming to make a research for a completely unknown token but a promising one(?) I highly doubt that. The risk in this kind of investment is greater than any other existing types of investment inside and outside of crypto.
It is not only the scam that will bear a risk of losing your money, but also the probability of that project/token to be successful is very slim due to the high market competition. The existing projects will always kill the newly created projects, unless they can create a hype of their own, because most of these new token's utilities are just a copy of the existing ones.  So, good luck with that!

R


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March 26, 2024, 09:18:12 PM
 #79

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
I always emphasize on making a proper research before you invest in any token or any altcoin many people fail to make a proper investigation before then invest that is why sometimes after their investment they began to lose both to their capital and also profit because sometimes all this coins that does not have a very good potential or recommendation always die of during the time of their rich market that is why it is good to make a proper research below and the above before you invest in any coin it is obvious that many people who complain today is people who could not make a findings before the invest in a token they don't know the output and the input of that particular token.

Purchasing new coins isn't inherently daunting, particularly if you're confident due to thorough research. The real fear lies in investing based solely on hype or fomo. I refrain from recommending specific new coins, as their success rates are typically low in their infancy stages. Additionally, bear in mind that even the most promising projects, if lacking substantial community backing, may ultimately falter.
the only thing I have to tell you is to make a proper research before you invest in any coin even though it is a bitcoin make a research before you invest knowing if the price will increase or not before you invest in Bitcoin that is the most important thing that I have to do so relating it to altcoin you have to make investigation more research of the altcoin that you want to invest on that will make you to be at safer side, because I know quite well this has to do with precautions, it's a someone who does not endure that always venture into a new launched without asking a series of questions

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March 26, 2024, 09:42:03 PM
 #80

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
I'm not sure with what you called as unknown token. Is that the newly token created or coin listed in certain exchange which is not top coins? Or, ar eyou looking for token with more than #1000 rank on CMC? Or are you looking for new token where there is only few people who want to invest in it?

This is exactly risky. I know that many members here support what you want. But, honestly, I will prefer  to say, please be careful on your investment.
This seems to be high risk,  too. Because after all, we may analyze a new project with our own analysis. but does that guarantee that our analysis is correct, whereas not many people also analyze these tokens because they are unknown tokens? Then, are you sure that these unknown tokens will really be successful in listing on exchanges, especially on top exchanges, even though are they unknown tokens?

In my opinion, this is no different from choosing a hype token, which is also full of risks. The difference is that token/coins hype might be more promising as long as we understand when to get in and when to get out, by taking advantage of the hype moment. And not for long-term investment. However, for this unknown token, I might even think it is a token that is not well known and perhaps has not been listed on the top exchange. So, who knows whether this token will be able to survive in the market or not. the risks are also equally great.

Personally, I'm not the type of high risk taker. So I would prefer to choose popular tokens or coins that are at least in the top 10. I don't want to be idealistic by avoiding top popular exchanges. Why? Because so far, I have made quite a decent profit from these coins.

But that's up to you, at least you will first know your unknown tokens to be picked.

R


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March 27, 2024, 08:34:33 AM
 #81

If you rush to buy tokens just by looking at adware, then you can lose because any token can be used for promotion activities. As a scam token any exchange that enters and later they run away with the money. You should get top investment experience so that you can easily grab the best project as soon as possible. The right decision for investment should be personal because you don't want to carry the amount of your losses. So choose by researching rather than listing coins for you in the name of promising coins.
A lot of people make this mistake, they invest in coins and tokens listed in a certain exchange without doing any research or checking its background, as soon as they see it has gone up 20% or something, they start thinking it is the best cryptocurrency in the market and invest a lot of money in it, they also become a victim of FOMO and then as soon as the token starts losing value, they regret their decision.

So it is important for anyone investing in newly listed coins and tokens to at least do some research before they make their investments in it, just because a cryptocurrency is listed in an exchange it doesn't mean that it is trusted and is worth making investments in.

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March 27, 2024, 09:46:26 AM
 #82

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
so are yuo planning also to share your things here in forum? i mean this road of yours
to promising token would you give us update to what we are going to learn from yours? we
cannot take scam and costing because that is our main concerns yet we need to understand
because this is our money to take care and be aware.

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March 27, 2024, 10:21:34 AM
 #83

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

Somehow its true that coins that doesnt have utility or simply shit coins or memes are really that shooting up 100-1000x in compared into those coins which does have utility but ended up on getting rejected or not really been pumped. We do know that community is one of the main reasons on why a certain coin would really be shooting up its value on which it would really be something that giving out that kind of questions in mind
on how the heck these projects did really get so value in compared to those who are actually giving some utility?  This is what makes most people do really get interested when it comes on dealing up with memes
since they do know that they could potentially be able to earn something if they do hit up the right spot.

So it would be on your risks management on which one would really be worth for your investment because its your money then you do have the full rights on what you should
gonna invest and what you should gonna do with it. Just make it sure that you do invest on the amount that you can afford to lose as always.

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March 27, 2024, 01:25:30 PM
 #84

The "Cost" and the "Scam" instincts is one of the most considerate if an investor has to Indulge on strange and u familiar field of investments and when you feel you don't have enough to risk on it, you'd probably fallback from it but when your emotions is strong enough to take the risk, whether you've enough to loose or not, you'll always understand that investing is much more of risks and there, your faith would overcome your fears. But in all, it doesn't mean one shouldn't Invest with what's most affordable to lost.
So Op, it's of no wrong step of you taking the risk in as much you've aim of making profits out of it, it's worth trying. Meanwhile you're not the only approaching that very unpopulous MemeCoin in your mind so believe it that there are also investors out there ought like you.
Good luck on your trial Op.

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March 27, 2024, 05:11:45 PM
 #85

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

It is very easy to invest in any new project with the hope of greatly benefiting from it, but before doing so, make sure you are willing to sacrifice the money you are investing in them. I'd rather invest in a well-known and less scammy altcoin unless the new one I'm interested in is promising and convincing enough to warrant it. New projects are more likely to be scams than older projects that have already established a good name and prestige for themselves. Not that less popular tokens are all scams, but their popularity can sometimes lend them trustworthiness.

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March 27, 2024, 06:18:26 PM
 #86

It's hard to answer which is the most interesting. But judging by profit, TFS was quite profitable with its staking with high APY. So you can try it too, the main thing is to always check and follow risk management
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March 27, 2024, 08:21:08 PM
 #87

Yes everyone should learn before investing in new and unknown coins but it will take some time to make an idea about investment in new coins and we also don't know that what will be the most higher price of such token in Bull run therefore in order to reduce fear top Coins are a good option for buying.

We should not focus on the price because price can change in a matter of second and also don't follow others but if money is yours then idea should also be yours so don't involve the suggestions of others but do your own research to do a better decision.



 

 

 

 

 

 


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March 27, 2024, 09:15:18 PM
 #88

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
so are yuo planning also to share your things here in forum? i mean this road of yours
to promising token would you give us update to what we are going to learn from yours? we
cannot take scam and costing because that is our main concerns yet we need to understand
because this is our money to take care and be aware.
We can always try to invest in less popular project but we all need to avoid new project that is not built on a solid rock.
The foundation of a project is what is going to determine whether it worth to hold or just to buy and sell when launched.
Since there are thousands of coins in the market, we can take the risk and go for the less popular ones so that we can make money from the market without much stress.









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Natalim
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March 27, 2024, 09:53:31 PM
 #89

cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin
It was an individual choice OP. You can do anything, that is your money and decisions. People are giving warnings about the possible results of investing in new tokens/projects and it's up to you to listen or follow the recommendation. If you think it was wrong, then make a try at it just to know and feel why many people are suggesting not.

Because it has been known that new tokens/projects are usually involved in scam issues. People are aware of it which makes them think that it is good to choose established projects like ETH rather than hoping for new projects. Well, new projects offer huge ROI which attracts new investors as well but the question is how reliable they are or just broken promises.

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March 28, 2024, 05:16:58 PM
Last edit: March 28, 2024, 05:44:48 PM by AnonBitCoiner
 #90

We can always try to invest in less popular project but we all need to avoid new project that is not built on a solid rock.
The foundation of a project is what is going to determine whether it worth to hold or just to buy and sell when launched.
Since there are thousands of coins in the market, we can take the risk and go for the less popular ones so that we can make money from the market without much stress.

New projects are also good for investment after realising about their fundamentals and if a project is stronger enough that its goals are achievable and its team is trusted then new project are also good source of earning.

I don't think that we can always earn big sum with investment in less popular project because bitcoin is termed as a king and is most popular project ever so you can see that it's profit is more sure than profit of less popular project.



 

 

 

 

 

 


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Romeotom
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March 28, 2024, 06:31:40 PM
 #91

I think one should overestimate one's own research and experience in order to profit from crypto investments. Because when and which token to buy it should be done by your own research as different people may have different opinions. A guaranteed future purchase of tokens can yield guaranteed profits. But stay away from investing if you can't always best yourself by picking good projects.
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March 30, 2024, 08:18:03 PM
 #92

We can always try to invest in less popular project but we all need to avoid new project that is not built on a solid rock.
The foundation of a project is what is going to determine whether it worth to hold or just to buy and sell when launched.
Since there are thousands of coins in the market, we can take the risk and go for the less popular ones so that we can make money from the market without much stress.
New projects are also good for investment after realising about their fundamentals and if a project is stronger enough that its goals are achievable and its team is trusted then new project are also good source of earning.

I don't think that we can always earn big sum with investment in less popular project because bitcoin is termed as a king and is most popular project ever so you can see that it's profit is more sure than profit of less popular project.
If the money is yours, the idea should be yours is a perfect way to explain it. If people just follow others and hear about this new token that might be good, then we are going to end up with a bad result, we shouldn't really do that and try to avoid that if possible.

I personally believe that I would never invest into anything just because someone said it. Don't get me wrong, we all hear about coins here and there, I do not just come up with a random name and check if a coin with that name exists, of course I see it somewhere too, but not because someone suggested it, I see improvements, I see news, I see some new innovations, and I see MANY people chatting about it here on this forum. That's when I start to check it and see for myself if it's good or not.

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