Be Careful With New Crypto Currencies In The Market.

[Amir YT 202]

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!

After crypto hype many people thought that every crypto coin will pump like bitcoin. And scammers use this to create new fake coins. In 2019 I saw that only 2k coins listed on the market but after 1 year it crossed 4k coins. Day by day many fake coins listing on the market. We should research before any investment.

[Litsuga 65]

Unfortunately you have to be careful for better or for worse there is no one to back your money here and you always have to question new projects a bit

[KainVrn 88]

Hey. Good article. Indeed, there are a lot of coins, which to one degree or another are considered fraudulent because they are not backed up by anything. Anyone can create a coin on one or another trading platform, for this you need to have at least 2BTC. But you also need to understand that if you want to make money, and not deceive people, then you need more investments, for advertising, for some kind of contests that would interest users.

[Danitalk 160]

Okay friend, thanks for this great information provided in this forum and it is very good since you are right and I have observed many cryptocurrencies that are only scams and do not have a project in reality they are only temporary to scam many people and it is that are only created with the aim of taking advantage of new people who want to enter the world of cryptocurrencies.

[hasaan 289]

I am agree with you, don't move to any new currency so fast. Cause few of the coins are still struggling to grow up. And most of the coins  couldn't get a good price. Always the users should be concern about the price and the time duration of the coins.

[tedd556 16]

On 3/22/2020 at 9:57 AM, 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!

Yeah there is certainly thousands of new coins added everyday so It can get pretty confusing, I think that the best way to see if a coin is legit or a scam is to check if they are listed on any exchange or you can go directly to check in coinmarketcap

[ghril26 19]

Yeah, and there are many dying tokens. Better to invest into known cryptocoins then regretting your choice. I prefer doge and litecoin.

[Mike1515 2977]

Yes , sometimes its because so many of them end up dead or a scam , but very few succeed and if you have to put up money in the market all the time to the coins that you see being launched, then you really need to be careful you will end up losing money all the time.

[AirEmmanuel 28]

It is very important to get involved with a coinm first before buying and investing in it. Let's avoid scams or loss of money, most altcoins today are not 100% guaranteed, many of them are only created to scamm 😒

[Berrycrypto 20]

Yes you are right , many scammers try to launch similar name coin to scam people, you have to make sure that what coin you are buying is legit, or not . Otherwise you will be scammed

[Wanderdark 2178]

Hi, friends.

I agree on this post. New tokens especially deFi tokens don't provide enough content, objectives and reason to make an investment. Most of them will be obviously reduced to nothing and will be exit scams.

Before investing on a coin we should always check

 

1) it's market cap value

2) it's volume

3) it's website and white-paer

4) it's projects and upcoming news

5) it's listing platforms

 

Thanks for reading and have a nice day, my friends. 

[Adam adam 276]

The problem is that the beginners do not listen to the words of anyone who is just speculating in profits before losses and the result is the loss of all his money.

[Elmerzx 50]

It is very important to take this recommendation into account, as we know the new cryptocurrencies if they are not well supported, their value will soon fall through the ground and that will be great losses, so it is better not to invest in this cryptocurrency until you are sure that they are real

[Carleinys 23]

It is a common mistake (It was about to happen to me, until I decided to investigate thoroughly) That when starting, wanting to invest in low-priced coins but without any future and that as mentioned, most of the time they turn out to be a scam. Our duty is to investigate, more people informed of how to identify a scam currency, means fewer people scammed.

[Maloy228 6]

На мой взгляд, лучше торговать на старых проверенных криптовалютах, новые валюты могут оказаться под крылом мошенников и вы просто потеряете деньги

[ad1123 28]

That is very true, many of the "projects" that are published become scams and other times, legitimate projects often lose their value when they go on the market and that also causes you to lose money, which I recommend if you are going to invest in a new one. currency is that you research the project very well and see in which exchange it will be listed that way you make sure if the currency is good or not.

[godislovefll 1880]

On 22/3/2020 at 9:57, Cammer said:

Hola. Esto es para todos los principiantes que no tienen suficiente conocimiento o experiencia. 

Todos los días se agregan muchas monedas en línea, pero no todas son verdaderas. De hecho, el 95% de las monedas nuevas son solo una estafa, por lo que todos deben tener cuidado antes de invertir en estas monedas. ¡Pregunte antes de invertir!

Certainly many cryptocurrencies in their launch promise a value that they do not reach, and many airdrops disappear when it is time to launch and many people who invested will lose their money.

[basel23 1722]

Before investing in any cryptocurrency, a full research must be done about it, and beginners should seek help from old members so that they can avoid scams. Do not believe any investment that says it will make you double your money in a short period

[kotto19 49]

Yes, friend, unfortunately this is the case and I think it will continue worse, given the current situation, many false groups want to take advantage of the less experienced community and attack them with those false promises, we must leave apathy and study the markets as it has to be to stop falling into those robberies.

[Chrenova 182]

You always have to be careful with new tokens that is true, I am a beginner and it is also tempting when you see a new coin go up 1000% in 1 or 2 days. And you think that this is your opportunity in the world of cryptocurrencies, but then many many are created that do not work and lose. Last month they are sushiswap, where they launched a marketing campaign through social networks to make their currency go up, and it went up a lot in a short time, but today it is losing value by leaps and bounds, and after that launch they took out many tokens "Food" themed, and no function. We must be careful where we put our money and not get carried away by what everyone does.

[ArtoriasTAW 64]

Thanks for the advice, it is true that we should not invest in a coin without first having carried out a preliminary study of it, it is important to take into account certain factors such as the launch price, who launched it, for what purpose it was created and if said project has some real utility or may be of interest to a large number of people, betting on a new and unknown currency is a very risky activity, so those of us who start should sit down to invest in more known and solid cryptocurrencies.

[Mamad00l 45]

fully updated with Camer! before you invest, you need to collect as much information about the coin as possible, analyze it, and only then invest your money in it. So be vigilant and invest thoughtlessly!

[Muhammad Bilal 9]

Yes.. lot of Coins  daily added in market. but all are not real. So every time when you plan to purchase a new token you can see you roadmap, whitepaper, their social accounts and their token supply.  

[Osama5546 89]

Hello, it is true what you have mentioned. Traders in digital currencies must know the truthful and the liar, and he must follow the currency in which he invested firstly, as it may disappear from the market cap in a day and night, and also most of the global news affects the market.

[egosergey89 44]

You have to be careful with any cryptocurrencies, you need to understand that at any moment your investments can depreciate or skyrocket. Until there is regulation and insurance, the entire crypto space is dangerous.