Why not try out a less popular but promising token?

[goaldigger]

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.

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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[lalabotax]

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.

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.

[nelson4lov]

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'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.  

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.

[odunybiz]

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.

[Y3shot]

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.

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.

[Churchillvv]

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.

[Moreno233]

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 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.

[God bless u]

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.

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.

[shanhaigamefi]

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

[peter0425]

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 ?  it is about DRN but you made  us all interesting in what you are gonna deliver here in your thread weeks ago 

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

[encryptogon]

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.

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.

[Kristiyana]

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.

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.

[Tmoonz]

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.

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.

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

[irhact]

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.

[deathcode]

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.

[tsaroz]

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.

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+

[Mate2237]

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.

[Kelward]

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.

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.

[|MINER|]

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.

[Yatsan]

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.