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Author Topic: Why not try out a less popular but promising token?  (Read 696 times)
redsun114
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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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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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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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