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Author Topic: Anyone investing in new tokens?  (Read 2897 times)

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Anyone investing in new tokens?
« on: August 09, 2024, 03:08:54 PM »
The media is crowded with various new tokens and projects, everything looks great, and profit is almost guaranteed. It's risky, but how smart is it to invest in new tokens?

I came across (in an FB group) a short analysis, the numbers look worrying and we are in a so-called "bull run"
The best-performing tokens listed on Binance since the beginning of the year.

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Anyone investing in new tokens?
« on: August 09, 2024, 03:08:54 PM »

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Offline Yamane_Keto

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Re: Anyone investing in new tokens?
« Reply #1 on: August 09, 2024, 03:21:02 PM »
😂😂😂😂
These are tokens listed on Binance that are supposed to perform better on average than tokens listed on medium or unknown exchanges, however, the performance was not good when one token was in the green.

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Re: Anyone investing in new tokens?
« Reply #1 on: August 09, 2024, 03:21:02 PM »

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Offline Zed0X

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Re: Anyone investing in new tokens?
« Reply #2 on: August 09, 2024, 03:39:32 PM »
~ It's risky, but how smart is it to invest in new tokens?
It's about timing and luck. I guess buying the rumor and selling the news is still the smartest strategy when it comes to new tokens/coins.

I bought some new tokens myself and I'm waiting for the year end to start unloading.

Offline milewilda

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Re: Anyone investing in new tokens?
« Reply #3 on: August 09, 2024, 04:53:10 PM »
~ It's risky, but how smart is it to invest in new tokens?
It's about timing and luck. I guess buying the rumor and selling the news is still the smartest strategy when it comes to new tokens/coins.

I bought some new tokens myself and I'm waiting for the year end to start unloading.
Lets just accept the fact that there would really be those thigns that would exist which is something way more better than on the current one or literally speaking about those old techs.

If you are really that having that consideration on investing into new coins just because you do love those new techs and features then its not really that bad to take up such step.
Buy the rumor Sell the news is always been the thing that im doing on which when the market is really that too obviously in green on which majority have thoughts that its strat of the bull
run and those positive news are starting out to come out one by one then thats already the hint.  ;D

Offline jeraldskie11

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Re: Anyone investing in new tokens?
« Reply #4 on: August 09, 2024, 05:51:43 PM »
What I have understand in the image posted is that the price before it was listed in Binance and the price now. Usually, when the coin or token listed to Binance it will create big volumes compare to other exchanges that's why the price increases when it's listed in the number 1 exchange. People thought that the price will continue to grow, but in reality it's not always going up. If you look at the previous tokens or coins listed in the Binance it has the same characteristic, it will go up in the listing and after a couple of months the price will decrease. So the problem here that needs to be fixed is that don't hold for too long if you buy a coin at listing day, it's better to add some analysis in investing. However, if you invested in a right coin even if it's negative for now, the time will come that the price will surpass your buying price. This is the beauty if you invested in a right coin, a guarantee (no exact time).

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Re: Anyone investing in new tokens?
« Reply #5 on: August 09, 2024, 06:51:24 PM »
Never had those tokens listed above but I got newer ones that some of them got even rugged so yeah I only got one green on my holdings as well and i's on 100× profit but the thing is that I only got small amount of it and yeah profit is profit regardless of size.

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Re: Anyone investing in new tokens?
« Reply #6 on: August 09, 2024, 06:52:28 PM »
Nope, I don't waste time on new tokens and I think they are getting less popular as time passes.
Few years ago with all the ICO bubble people still have illusions that some new revolutionary token will change the world and be used for something, but I think it is done with that crap now.
In few years I think that majority of altcoins will stop existing or they will have some fake volume.
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Re: Anyone investing in new tokens?
« Reply #6 on: August 09, 2024, 06:52:28 PM »


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Re: Anyone investing in new tokens?
« Reply #7 on: August 09, 2024, 07:02:28 PM »
The media is crowded with various new tokens and projects, everything looks great, and profit is almost guaranteed. It's risky, but how smart is it to invest in new tokens?

I came across (in an FB group) a short analysis, the numbers look worrying and we are in a so-called "bull run"
The best-performing tokens listed on Binance since the beginning of the year.
We've experienced a vibrant recovery phase of the market, and many new projects have been introduced and launched. Most of their tokens have increased in price and brought profits to investors. However, immediately after, the market became stagnant, so the price adjustment of these tokens became more severe, and as a result, we saw a price drop in these new tokens as shown in the image.

I'm usually hesitant to trust new tokens because their value is often inflated and excessively manipulated. They have great potential but also pose significant risks to investors. I often prefer older tokens such as BTC and ETH because I can track and understand their value to the market. New projects can be very attractive, but investors need to accept the high volatility on the price chart and be prepared to hold them until the next bullrun to receive huge profits.
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Offline albon

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Re: Anyone investing in new tokens?
« Reply #8 on: August 09, 2024, 07:56:47 PM »
Always be wary of get rich quick schemes or cryptocurrency investments that promise big returns in a short period of time. Because new currencies are not able to survive in the market for a long time in the current context. But if you want you can buy new crypto as a short term investment but sell it immediately and withdraw the profit when it is listed on the exchange. but if you want to invest in crypto as a long term then directly buy btc, bnb, eth, ton higher tokens. Here your investment will be 100% safe and away from scam.

Offline Hridoy7788

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Re: Anyone investing in new tokens?
« Reply #9 on: August 09, 2024, 08:05:57 PM »
I stick with the classics because they’re tried and true. I find comfort in their stability and proven track record.

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Re: Anyone investing in new tokens?
« Reply #10 on: August 10, 2024, 02:06:43 AM »
I stopped buying new coins since late last year but I've not seen any progress because all I do is also buy memecoins and get rugged while I see other memecoins succeed. Although, im still not giving up but I've reduced the rate at which I buy them.

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Re: Anyone investing in new tokens?
« Reply #11 on: August 10, 2024, 06:40:26 AM »
New tokens seems not appealing to me especially those meme coins since I always look at them as a scam.

Due to scamming that's why I choose to go with bitcoin since from choosing the best we can say that scam or what we call rug pulls will not gonna happen on bitcoin and we provably have good chance to get good returns.
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Offline joniboini

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Re: Anyone investing in new tokens?
« Reply #12 on: August 10, 2024, 10:50:17 AM »
I stopped buying new coins since late last year but I've not seen any progress because all I do is also buy memecoins and get rugged while I see other memecoins succeed. Although, im still not giving up but I've reduced the rate at which I buy them.
Chasing memetokens are like chasing lottery IMO. Maybe things are different if you're an early adopter and trends are not popular, but if you have 100 airdrops in a month it's very likely that 95 of them will give you peanuts. I believe this is true for many crypto trend since years ago, so that's that. It's probably worth to try if you have a lot of free time, or just use that time to find side-jobs and use your money to buy BTC instead.

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Re: Anyone investing in new tokens?
« Reply #13 on: August 10, 2024, 02:12:12 PM »
I believe this is true for many crypto trend since years ago, so that's that. It's probably worth to try if you have a lot of free time, or just use that time to find side-jobs and use your money to buy BTC instead.
If everyone thinks it's a scam then who's buying? Investors and traders are looking for profit and many of them invest in order to earn $10 and start another deal and so on. Most of these tokens are bought and sold hundreds of times daily, but it is wrong to think of them as an investment, so the long-term performance of most of them is negative even though they are listed on Binance.

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Re: Anyone investing in new tokens?
« Reply #14 on: August 10, 2024, 02:24:49 PM »
It's about timing and luck. I guess buying the rumor and selling the news is still the smartest strategy when it comes to new tokens/coins.
it is definitely about luck since there are too much new tokens that have been launching each day and usually there are no precise standards that could help you determine whether that new token will succeed or not

even with bitcoin, a lot did not trust that it would reach this price but look at it now it really is just the matter of who trust a new coin and who does not
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I bought some new tokens myself and I'm waiting for the year end to start unloading.
i think there would be a lot of coins or tokens that could reach their potential in this bull cycle and we should try to take advantage of it as much as they can

 

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