Be Careful With New Crypto Currencies In The Market.

[Projectcrypto 4382]

We all have to make sure we make deep research on the new projects that are being introduced in cryptocurrency world this days because most of them are scam and you will end up losing instead of earning more to your wallet. Scammers have different ways of deceiving less experienced people in cryptoworld and for that I will advise you to be more careful on the type of project you join to avoid loss at the end.

[Tunuu 2235]

Thank you for the advice. There are many people complaining about scam crypto currencies everyday. They purchase some amount of crypto, and after a few weeks that coin value goes to zero! It is better to ask before we invest.

[absooos 157]

It is a good idea to research the currency that you want to buy before you are in trouble. That is, when you have sufficient information about the currency, you will be able to act.

[Dorjoy12 8962]

On 3/22/2020 at 7:57 PM, Cammer said:

Hello. This is for all beginners who don't have enough knowledge or experience. 

A lot of coins are added online everyday, but not all of them are true. In fact, 95% of new coins are just scam, so all of you must be careful before investing in these coins. Ask before you invest!

Without having enough knowledge about crypto currency we no one should invest on any currency.. The most easy way to invest on any crypto currency just look the trading volume of that currency... If the trading volume every day raise up MORE Than 5million usd then you can think out that its pretty good currency for invest.. But never invest on new currency                      

[Irungu 4299]

Thats the very truth, some crypto have changed and become scams and so we need to be very careful in what we are doing and understand everything perfectly there are a lot of things to actually do value when it comes to really defining everything its own time.

[Ndayebo8 0]

There are lot of currencies that  are offered for trading and they do not have a blockchain or project we call this token for the unverified coins and the profit from them is one-time, so it is safer to adhere to the main currencies such as Bitcoin and Ethereum and others.

[gourav789 2834]

This is true , crypto market spread day by day . their is New coin launches in Market , after some time coins is completed dead and declared as a scam coins . once accidentally I invest some money in X100 Coin , now X100 is completely dead . we must try to invest in top 10-30 coin According to coinmarketcap .

[DiamondBit 720]

On 7/13/2020 at 6:11 AM, Sabu99 said:

@Cammer same condition is with my friend. And he don't know anything about crypto. So he started investing in ponzy coins. and he has lost almost 3000 Dollars in crypto. We should have a proper knowledge about this.

Yes, there at ponzi schemes like that,  people will think it is a good coin by not know in it is a ponzi or fake. Even aside new coins, there are many others like cloud mining and airdrops that are scam. We really need to be careful and always avoid these scams. 

[Ndayebo8 0]

we don't Invest in them because they can fail at any time because if the project like libra could fall means other can also fade away. So if you don't want risk you should always go with good ranked coins.

[Alex9876r 1408]

Caution is a must, as you said Then comes the search for good currencies to invest in and buy them at a low price The search should be about its project, its team, and the amount of cash it raised in the IPO As well as the blockchain being used, is it standalone or hosted on a previous blockchain?

[el-Muhammady 718]

Nowadays new coins are being introduced to the Cryptocurrency marketplace with high volume, please avoid new projects because most of them are fake and you will end up losing your funds if you fall a victim of such project instead focus on the top coins like ethereum, litecoin,xrp,bch,bitcoincash to avoid huge loss.

[Honny143 13612]

On 8/13/2020 at 1:59 AM, hossamm94 said:

With this large spread of cryptocurrencies and their technologies, the number of fraudsters in this field has increased, so you must know the origins of each currency before starting to invest in it, or you must ask a person who has experience in cryptocurrencies

That's true now crypto spread worldwide, and crypto market should have good potential to earn, that's why scammers every day launch fake project, because few members attracted their project and buy some coins then also they collected huge amount, but who buy those coins they loss their money, so first check the coin then invest.

[Marks33 535]

Most new coins are created by scammers so l suggest we should always invest in top 10 crypto currency in the market because they are promising and profitable at the same time. Most new coins are scam so we should avoid investing in them in order to avoid losing our funds.

[iloveyobit 6599]

15 hours ago, Marks33 said:

Most new coins are created by scammers so l suggest we should always invest in top 10 crypto currency in the market because they are promising and profitable at the same time. Most new coins are scam so we should avoid investing in them in order to avoid losing our funds.

Not all currencies, but many currencies were created in order to steal traders' money. I also advise you not to trade in currencies that are not found on popular platforms such as : binance , huobi .

[Roan 2166]

This is correct, my friend. Before we choose any currency to trade in or invest in, we must study the technical analysis of the currency and follow the market and future plans for this currency

[Mella 3680]

On 3/22/2020 at 3:57 PM, Cammer said:

 In fact, 95% of new coins are just scam, so all of you must be careful before investing in these coins.

You are right I have also seen this happen and this is because I scared to invest in new coin I only take my chance with the one I know. I prefer trade with the following:

Bitcoin, Ethereum, XRP, Litecoin, Chainlink and on binance I try to buy some new ones and sell probably the same day they are list on the spot.

[Waqar Satar 500]

There are many websites based on scam. And it is hear to sad that many people have fallen victim to these scams. People should use their mind and some knowledge so that they don't get loss. Someone quote that " Use proven success methods"". This will surely everyone if they implement it in their life

[Maaz sultan 265]

On 3/22/2020 at 6:57 PM, Cammer said:

Hello. This is for all beginners who don't have enough knowledge or experience. 

A lot of coins are added online everyday, but not all of them are true. In fact, 95% of new coins are just scam, so all of you must be careful before investing in these coins. Ask before you invest!

you are right there are so many coins that develop for stealing your money and after that you dont have to lose if you invested on any scam project .

[Digital 387]

I don't  regard too much coins that get launch because many of them get disappointed they don't last it is better you buy coin that has spent at least not less than three years in the market and observe it's demand if it has low demand don't purchase that coin so we should be careful in choosing a coin to invest.

[yato987 2811]

investing shouldn't be done by beginners who just stepped into the world of crypto world , before investing or trading or dealing with a coin we should do some researches  and  analyse the situation of that coin , if it is new better to wait and see how things going overtime before starting to deal with it

[Chief executive officer band 681]

for the reason that scores of of the cryptocurrencies that are launched are a hoax, and nearly everyone of them hang about low down and figure out not mount in price inform entirely novice inhabitants to invest in the notorious cryptocurrencies and this is safer for their currency. 

[Nicole018 4548]

It is essential that one is able to identify the real and fake Bitcoins and cryptocurrencies that are available in the online websites and platforms. I am extremely grateful for this topic. Now one can differentiate a true and genuine Bitcoin and cryptocurrency from the fake ones. Thank you so much.

[kryptonick 2659]

There are many new coins that we can easily call scams but 95% is a little too high. I don't know exactly all the new coins but at least the ones I watch and they join they enter exchanges and make good money lately. But there is this DeFi craze that is helping hem and they get listed on Binance and Coinbase in no time and price makes new highs. This is similar to the past and it is dangerous trades with these tokens.

[MalikAdnan 1662]

I think it is true there are many new crypto currencies on daily basis launched. So, every currency is not real and helpful now modern era face the new version of spam. So, be careful and further information read the other post.

[gbfisher 1815]

Damn true. For best information about any crypto coin, first you go to coinmarket cap and coingecko to the check that coin is present or not,  then make a good research on that coin like check its projects and future plans,  because everyday multiple coins are lounched and mostly are scammed. So for founding legit coin, gain knowledge about it. And be careful from scammers. 

Edited September 24, 2020 by gbfisher