Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❓ASK Do you think there are too much cryptocoins available in the market?

Status
Not open for further replies.

microunit

Sapphire Member
LV
1
 
Joined
Nov 27, 2019
Messages
7,541
Reaction score
289
Points
170
Awards
6
BMF Points
$805
Rating - 0%
0   0   0
With the rise of cryptocurrencies comes with the rise also of the number of cryptocurrencies that are entering the market as anyone can make their own coin and people wants their coin to be the next bitcoin or the next dogecoin so they could also reap profits from the coin from the rising of its price. Do you think there is too much Coins right now in the market?
 
Yeah, I do really think so. There are just too many different coins in the crypto market today and funny enough there are also many more still pushing their way into being recognized as a cryptocoin.
It is tiring to see so many coins being launched by the day. There is an ocean of them and that makes it quite difficult to even pick out the ones with prospects. To be safe, I would rather stay away from new coins especially those not listed of reputable exchanges.
 
It is tiring to see so many coins being launched by the day. There is an ocean of them and that makes it quite difficult to even pick out the ones with prospects. To be safe, I would rather stay away from new coins especially those not listed of reputable exchanges.
Invest on coins from reputable exchange platform because those coins undergoes screening before been listed in the platform.
 
Invest on coins from reputable exchange platform because those coins undergoes screening before been listed in the platform.
Surely! It should be a criterion when considering coins to buy. I have noticed that those coins easily find themselves listed on coingecko and even coinmarketcap as if that gives the project any credibility at all.
 
Surely! It should be a criterion when considering coins to buy. I have noticed that those coins easily find themselves listed on coingecko and even coinmarketcap as if that gives the project any credibility at all.
I think they are more available on coingecko so exchange platforms and Investing amount you can afford to loose are key to all altcoins or new coins Investment.
 
I think there are too many crypto in the market and this might lead to lots of scam if they are not regulations 'This might on the long run make investors to lose interest in trading when the illegalities done with the coins cannot be control
 
I think there are too many crypto in the market and this might lead to lots of scam if they are not regulations 'This might on the long run make investors to lose interest in trading when the illegalities done with the coins cannot be control
I don't think people will loose Interest but the fact remains that when people wants to invest in cryptocurrencies they need to make enquiries and guides before doing that.
 
It is tiring to see so many coins being launched by the day. There is an ocean of them and that makes it quite difficult to even pick out the ones with prospects. To be safe, I would rather stay away from new coins especially those not listed of reputable exchanges.
You are right anyways, although there are new coins that do actually look very promising to invest in.
My fear is that these new coins might cause a kinda loss in value of the old coins.
 
Instead of saying many, we can say millions. There are countless crypto breeds for everyone's taste and interest. The environment has turned into a garbage
Sometimes I do really wish to suggest for any possible form of regulations on how coins can be made or rather say produced.
It almost seems like everyone can just wake up one day and decides to invent their own coin brand.
 
You are right anyways, although there are new coins that do actually look very promising to invest in.
My fear is that these new coins might cause a kinda loss in value of the old coins.
I really don't think that the value of the old and established coins would be affected in anyway. It seems a lot of investors are merely into those new coins for fast profits before dumping them.
 
I really don't think that the value of the old and established coins would be affected in anyway. It seems a lot of investors are merely into those new coins for fast profits before dumping them.
I pray so tho...
They just have to regulate how these coins do come up from no where because they are getting too many and seem to me as a threat of a sort ?
 
With the rise of cryptocurrencies comes with the rise also of the number of cryptocurrencies that are entering the market as anyone can make their own coin and people wants their coin to be the next bitcoin or the next dogecoin so they could also reap profits from the coin from the rising of its price. Do you think there is too much Coins right now in the market?
I think so. There are many potential earning from new coins or token but it is risky. I think it is better to choose top 20 coinmaketcap for invest and take challenge for new coins (if we want, with dyor) to get profit.
 
Yes, there so many cryptocurrency coins currently in the market. When I look at coinbase or binance, I see so many of them. Others are not even any popular and others are not functional. It now comes down to an individual's responsibility to choose which ones are best for one to invest in.
Yes. It is our responsibility to choose best ones for invest. I think top 10 coinmaketcap coins are safer to try. New coins are nice to try to while they are still very cheap with good fundamental.
 
I think so. That is tooooo many coins out there and that make me quite confious. Abd even there are many airdrops everyday which some is scam and some is legit and that is more coin going to market...
 
With the rise of cryptocurrencies comes with the rise also of the number of cryptocurrencies that are entering the market as anyone can make their own coin and people wants their coin to be the next bitcoin or the next dogecoin so they could also reap profits from the coin from the rising of its price. Do you think there is too much Coins right now in the market?
I also believe that there are several cryptocurrencies circulating these days. Some growing exponentially, others looking for space in this market. It's very interesting to keep an eye out ??
 
Indeed yes a hell lot of currencies , you can't buy everyone , there should be max of just about 100 to be honest so that such projects can actually work and succeed tbh in. My opinion
 
Status
Not open for further replies.

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.