Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Ewogboka]

The price of new coins easily surge by the demand for such coin, if this is true. Is it possible for developers to ask their friends and family to invest heavily in their new coin to boost the trade volume which can motivate others to invest more?.

 

[bookmarks]

You need good brand recognition and big user base. Price does not matter in short run.

 

[crypworld]

There is no harm in asking family and friends to heavily invest in this new coin.

But if the value doesn't go up and they are at a loss, surely you will get screwed up.


It is always better to keep a distance between your family, friends and business for your own good health.

 

[BullyMaguire]

You probably need more than family and friends to invest on your coin, unless millionaire i guess. That's why airdrops are a good way for new coins.. like that ecoin token

 

[Wisdom01]

I think what if you tell your friends and family to invest in the coin but yet it fails to reach the level you want it to be or the coin keeps dropping instead of increasing

 

[Ginatime]

It's a 80/20% chance. Of the coin increases you get 80% but if the coin goes down or crash them it's a 20% which means you have to pay back all the people you asked to invest in it or you run away from town ???
It's your pick

 

[Yugocean]

This is your choice to ask others to invest in it. Amove there are some humor posts, however they are serious too. Investing in coin is same as investing in other uncertain business. I created my new token too, but I do not know how to make it accepted, even if I invest myself, there are no proper knowledge of doing it myself.

Best advice is to hire an agency or Blockchain expert, pay the fees and make your coin/token to market, after that, this depends on market.

 

[Ewogboka]

This is your choice to ask others to invest in it. Amove there are some humor posts, however they are serious too. Investing in coin is same as investing in other uncertain business. I created my new token too, but I do not know how to make it accepted, even if I invest myself, there are no proper knowledge of doing it myself.

Best advice is to hire an agency or Blockchain expert, pay the fees and make your coin/token to market, after that, this depends on market.

You just need to study how coins market are run before you hire an expert so you have idea on the charges or professional fee you may want to pay him.

 

[Treasure_lass]

There is no harm in asking family and friends to heavily invest in this new coin.

But if the value doesn't go up and they are at a loss, surely you will get screwed up.


It is always better to keep a distance between your family, friends and business for your own good health.

Very true ??

 

[Josemendez]

The price of new coins easily surge by the demand for such coin, if this is true. Is it possible for developers to ask their friends and family to invest heavily in their new coin to boost the trade volume which can motivate others to invest more?.

Well , I think you need top influential cryptocurrency companies to list your token first ,because that is the only way the coin can be available to people .

 

[microunit]

The price of new coins easily surge by the demand for such coin, if this is true. Is it possible for developers to ask their friends and family to invest heavily in their new coin to boost the trade volume which can motivate others to invest more?.

yep they can, though it will be still up to those family members if they will invest for a long term or not, though I think it is better that other people will invest not your family in your coin

 

[gammarays]

The price of a coin can increase in value if it's limited in supply and has a great demand for it. Another factor is having a large trade volume.

 

[Brain]

There is no harm in asking family and friends to heavily invest in this new coin.

But if the value doesn't go up and they are at a loss, surely you will get screwed up.


It is always better to keep a distance between your family, friends and business for your own good health.

You are so right family and friends hate being introduced into deal that didn't work out for them. So one need to be careful that it will actually rise the price and boost the value before applying such method

 

[falenacrypto]

The price of new coins easily surge by the demand for such coin, if this is true. Is it possible for developers to ask their friends and family to invest heavily in their new coin to boost the trade volume which can motivate others to invest more?.

The only way to get organic and healthy price action is to have a project that solves a problem and will instill enough demand to boost the price long term. You don't want a useless coin with a pump and dump agenda attached to it, that will never last in the long run and your reputation will get rekt. You want funds that are safu not rektu.

 

[Ewogboka]

The only way to get organic and healthy price action is to have a project that solves a problem and will instill enough demand to boost the price long term. You don't want a useless coin with a pump and dump agenda attached to it, that will never last in the long run and your reputation will get rekt. You want funds that are safu not rektu.

Most of these new coins aren't solving problems as such yet their prices are going higher based on their trade volume and level of demand.

 

[Amalive]

Most of these new coins aren't solving problems as such yet their prices are going higher based on their trade volume and level of demand.

It's because most of them are belong to pump and dump scenario or the people who buying those coins are being FOMOed that's why their trading volume was pretty high.

If those coins are doesn't solve any problems or doesn't have solid foundation behind it then don't bother yourself for paying attention to them, just skip it mate.

 

[Mprecious11]

First, one need to develop his or her brand, being the new coin. Promote it, so that people will see it's value and potentials, then decide to invest in it long time. You don't have to depend solely on family and friends to promote it for you.

 

[sagefave]

From what I have learnt about crypto, there needs to be continous every day trading of the coin and friends and family will not in the long run qualify for this which is why most coins engage in airdrops to get their coins accepted by a large population

 

[Ewogboka]

First, one need to develop his or her brand, being the new coin. Promote it, so that people will see it's value and potentials, then decide to invest in it long time. You don't have to depend solely on family and friends to promote it for you.

I quite agree with you , if people see much value in the coin they will be pushed to invest and also encourage others to invest in the coin.