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Author Topic: Is Trading New Coins more Profit Oriented?  (Read 1971 times)

Offline satpol_PP

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Re: Is Trading New Coins more Profit Oriented?
« Reply #30 on: October 26, 2024, 10:10:27 PM »
Just gamble with the newly listed coins. I remember the one that I traded when it was listed on an exchange, the price of the coin started to decrease and fall more than 10 time and I lost money significantly. There was one that I traded and I earn money from it. They are just too volatile is the reason you need not to use all your money on them. Use small amount of money instead for you to avoid losses.
Trading new coins is actually somewhat risky. So to avoid the risk of losing money trading new coins, before investing you must understand how successful any coin can actually be. And try to guess how successful the new coin investment is likely to be. But it is very difficult for the newbies to understand which of the new coins will be better. So I think it is very important to follow experienced investors in trading new coins. As a result, the risk of losing money can be avoided to some extent for newbies.
Yeah trading on new coins is very risky because the movement of new coins is very volatile and we do not understand the character of the coin. That's what makes me not trade new coins.
I prefer trading using old coins that I have observed the character and movement in the market for a long time.

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Re: Is Trading New Coins more Profit Oriented?
« Reply #30 on: October 26, 2024, 10:10:27 PM »

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Offline bitterguy28

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Re: Is Trading New Coins more Profit Oriented?
« Reply #31 on: October 27, 2024, 01:01:16 AM »
Yeah trading on new coins is very risky because the movement of new coins is very volatile and we do not understand the character of the coin. That's what makes me not trade new coins.
new coins are usually very short lived that is why even though we see maybe hundreds of projects being launched every day there is barely movement in the market or there is no project that is shaking up the top projects most of them reach their ath the time of their launch and goes down through out
Quote
I prefer trading using old coins that I have observed the character and movement in the market for a long time.
it is a lot easier to observe a market that has already a lot of history in which you can analyze already compared to coins with only speculation from how the community hypes it

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Re: Is Trading New Coins more Profit Oriented?
« Reply #31 on: October 27, 2024, 01:01:16 AM »

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Offline MRY

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Re: Is Trading New Coins more Profit Oriented?
« Reply #32 on: November 11, 2024, 11:59:47 AM »
Just gamble with the newly listed coins. I remember the one that I traded when it was listed on an exchange, the price of the coin started to decrease and fall more than 10 time and I lost money significantly. There was one that I traded and I earn money from it. They are just too volatile is the reason you need not to use all your money on them. Use small amount of money instead for you to avoid losses.
Trading new coins is actually somewhat risky. So to avoid the risk of losing money trading new coins, before investing you must understand how successful any coin can actually be. And try to guess how successful the new coin investment is likely to be. But it is very difficult for the newbies to understand which of the new coins will be better. So I think it is very important to follow experienced investors in trading new coins. As a result, the risk of losing money can be avoided to some extent for newbies.
Yeah trading on new coins is very risky because the movement of new coins is very volatile and we do not understand the character of the coin. That's what makes me not trade new coins.
I prefer trading using old coins that I have observed the character and movement in the market for a long time.
That is why choosing the coins that we have been observing for a long time, proves the accuracy in responding to market changes. Thus, it becomes easier to feel comfortable and even confident because here we already have some sort of pattern going on. I believe this step will make it easier to make trades with out let our emotions get the better of us, to trade more calmer and steadier.

Offline pieppiep

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Re: Is Trading New Coins more Profit Oriented?
« Reply #33 on: November 11, 2024, 01:23:03 PM »
Just gamble with the newly listed coins. I remember the one that I traded when it was listed on an exchange, the price of the coin started to decrease and fall more than 10 time and I lost money significantly. There was one that I traded and I earn money from it. They are just too volatile is the reason you need not to use all your money on them. Use small amount of money instead for you to avoid losses.
Trading new coins is actually somewhat risky. So to avoid the risk of losing money trading new coins, before investing you must understand how successful any coin can actually be. And try to guess how successful the new coin investment is likely to be. But it is very difficult for the newbies to understand which of the new coins will be better. So I think it is very important to follow experienced investors in trading new coins. As a result, the risk of losing money can be avoided to some extent for newbies.
It must also be noted that trading new coins actually might be a fairly risky move. In fact, to really determine the likelihood of that happening, there are several more stages we would like to see before investing in the coin. However for a newcomer, it’s challenging to estimate what might be new coins, and it is incredibly confusing.

Another thing you ought to do is follow experienced investors to enhance your chances of not losing your money. This manner, interested persons will be in a position of knowing what they do, how new coins are analyzed and the decisions made, and this will help eliminate the pitfalls that are made by new investors. This narrows down our overall risk possibility which we can still incur losses as much as we need to be cautious about.

Offline gunhell16

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Re: Is Trading New Coins more Profit Oriented?
« Reply #34 on: November 11, 2024, 05:18:17 PM »
Just gamble with the newly listed coins. I remember the one that I traded when it was listed on an exchange, the price of the coin started to decrease and fall more than 10 time and I lost money significantly. There was one that I traded and I earn money from it. They are just too volatile is the reason you need not to use all your money on them. Use small amount of money instead for you to avoid losses.
Trading new coins is actually somewhat risky. So to avoid the risk of losing money trading new coins, before investing you must understand how successful any coin can actually be. And try to guess how successful the new coin investment is likely to be. But it is very difficult for the newbies to understand which of the new coins will be better. So I think it is very important to follow experienced investors in trading new coins. As a result, the risk of losing money can be avoided to some extent for newbies.
Yeah trading on new coins is very risky because the movement of new coins is very volatile and we do not understand the character of the coin. That's what makes me not trade new coins.
I prefer trading using old coins that I have observed the character and movement in the market for a long time.
That is why choosing the coins that we have been observing for a long time, proves the accuracy in responding to market changes. Thus, it becomes easier to feel comfortable and even confident because here we already have some sort of pattern going on. I believe this step will make it easier to make trades with out let our emotions get the better of us, to trade more calmer and steadier.

As for investing in new coins, I think it's okay to invest if it's listed on the top exchange platforms. As long as they do it in the short-term and not in the long-term, this is my advice. There is nothing wrong with investing as long as you accept and are ready for the risk that you can face when you do that.

Now, if you want to be sure that the chances of you getting a profit are high, it's good to go with the old coins that really have potential and are still on the list of top altcoins, the chances of you getting a profit are higher in my opinion just too.
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Re: Is Trading New Coins more Profit Oriented?
« Reply #35 on: November 11, 2024, 09:43:11 PM »

As for investing in new coins, I think it's okay to invest if it's listed on the top exchange platforms. As long as they do it in the short-term and not in the long-term, this is my advice. There is nothing wrong with investing as long as you accept and are ready for the risk that you can face when you do that.

Now, if you want to be sure that the chances of you getting a profit are high, it's good to go with the old coins that really have potential and are still on the list of top altcoins, the chances of you getting a profit are higher in my opinion just too.
I agree with your opinion, we can invest in new coins or new projects, as long as we do research first and observe the team and the project, if it has potential we can buy for short-term investment. Because if you decide to invest long term it is very risky.
Long-term investment should buy old coins or top coins. This is safer and has been proven.
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Offline Aanuoluwatofunmi

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Re: Is Trading New Coins more Profit Oriented?
« Reply #36 on: November 11, 2024, 09:51:58 PM »
By virtue of the way of their being newly introduced to the crypto market, they should be more profitable than the existing ones, because we are going to find with them more high volatility, but in regard to this, i think we are only having the opposite in direction of all, because the news projects are being unreliable for our investment except we want to take the highest of risk in them and apply.

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Re: Is Trading New Coins more Profit Oriented?
« Reply #36 on: November 11, 2024, 09:51:58 PM »


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Re: Is Trading New Coins more Profit Oriented?
« Reply #37 on: November 13, 2024, 11:54:13 PM »
By virtue of the way of their being newly introduced to the crypto market, they should be more profitable than the existing ones, because we are going to find with them more high volatility, but in regard to this, i think we are only having the opposite in direction of all, because the news projects are being unreliable for our investment except we want to take the highest of risk in them and apply.
Something new introduced to crypto will have a higher risk because it is not proven. If the project is successful we can get high profits but considering the big risk we should understand, before investing we must do research and make the right analysis so that the strategy we have planned can be successful. I also sometimes observe and invest in new coins, but unfortunately I don't have much time to do research.

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Re: Is Trading New Coins more Profit Oriented?
« Reply #38 on: November 14, 2024, 08:19:45 AM »
Something new introduced to crypto will have a higher risk because it is not proven. If the project is successful we can get high profits but considering the big risk we should understand, before investing we must do research and make the right analysis so that the strategy we have planned can be successful. I also sometimes observe and invest in new coins, but unfortunately I don't have much time to do research.
It is beyond research at times because there are some that are very legit but later will turn to be a bad choice. Also it depends on the period that we are. If we are not in bull run period, it is possible that a good coin will fall in price, making people to think that it is a shit coin but later increase during bull run. Also coins launched during bull run can increase. But these coins are too volatile, using small amount of money for them is better.

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Re: Is Trading New Coins more Profit Oriented?
« Reply #39 on: November 15, 2024, 04:30:57 PM »
To the traders who have been in the Crypto world and
understand the market trend..
I'll love to hear from you guys if trading newly listed tokens is much more profitable then trading those already on exchange.
Nah trading newly listed token is not that profitable as old tokens are, although trading in a token that just listed hours ago is risky but those listed weeks ago but still considered new are not that risky and investing in such tokens can be really profitable if the project really has good potential to grow over time high selling from private investors, ICO investors (if there were any ICO) and airdrop (if any) price correct it self after retracements.

I always traded in old coins for spot trading because they are safe I once traded in DYDX when it wa newly listed and I bought it at $19 around and had to sell them for around $9 it was a total lose.
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Offline _act_

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Re: Is Trading New Coins more Profit Oriented?
« Reply #40 on: November 15, 2024, 04:40:32 PM »
Trading a new coin or not is never what guarantees for the success of making trades, we must know what we are opting in for and how we could make some possible benefits from it, when we are aware of the first and necessary steps needed for us to take in other to maintain having a positive result, things will be done as accordingly without missing steps on our trades and this does not applies to the old or new coins we are trading, but the knowledge and insight we are having about any of them.

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Re: Is Trading New Coins more Profit Oriented?
« Reply #41 on: November 15, 2024, 06:42:01 PM »
If we first reset the new coins that we will buy, I think it will provide benefits, the benefits given will be seen at the beginning of the list, if we have made a profit, I think letting go and leaving is the best way where new coins currently do not promise to be used as long-term investments, where new coins currently have many meme coins and only rely on hype and fomo, it all comes back to each individual in making decisions to trade, in my opinion, always be careful

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Re: Is Trading New Coins more Profit Oriented?
« Reply #42 on: November 15, 2024, 07:46:45 PM »
The new coins are excellent for starting to fully understand how trading works and making a minimum profit, but in my opinion the real profits are made with the large altcoins btc, eth, bnb, sol
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Re: Is Trading New Coins more Profit Oriented?
« Reply #43 on: November 15, 2024, 08:08:21 PM »
To the traders who have been in the Crypto world and
understand the market trend..
I'll love to hear from you guys if trading newly listed tokens is much more profitable then trading those already on exchange.
Trading in newly listed coins is not profitable and it's very risky because the first 24 or 48 hours that token will be highly volatile so traders should not take such high risk especially in future trading and that's not true that after some time they start recovering their price again. For example HMSTR, DOGS, NOTS and many other coins were pumped when they got listed and then they were dumped but those with good teams and potential started recovering their price.

Before trading in such tokens we must do our research like if the token has any potential and the team is visible. I learned these lessons recently although they are not new lessons.

These three meme coins that you have mentioned has not created a new All Time High besides their first day listed price increase few months ego.
Hamster was the most disappointed project coins that got many people wondering, there were lots of expectations from the Hamster meme but it performed poorly. Hamsters hit $0.013 All time High few days after listing but has gone far below that price level, currently trading at $0.0032
As for Notcoin, since Notcoin touched $0.0294 All Time High, it is currently trading around $0.00734, and has shown strong recovery moves.
Dogs meme hit $0.029 on the day of listing but was dump to a very low level, currently trading at $0.00006. Still no sign of recovery.
It is advisable to trade new coins after few days of listing on exchanges to understand the market dynamics and it's performances.

 

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