Why not try out a less popular but promising token?

[niall51]

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.

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

[DeathAngel]

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.

[Bushdark]

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.

[vs2014]

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.

[electronicash]

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.

[Belarge]

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.

[gunhell16]

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?

[oktana]

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.

[Sophokles]

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.

[Promocodeudo]

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.

[justdimin]

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.

[Sophokles]

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.

[tvplus006]

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.

[sekalitas]

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.

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.

[EarnOnVictor]

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.

[kentrolla]

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.

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.

[Oasisman]

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!

[GeorgeJohn]

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.

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

[Rengga Jati]

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.

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.

[redsun114]

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.