I am noting down that on daily basis new coins are being listed in #binance #kucoin and other exchanges. This is really strange to see new crypto coins coming and it makes difficult to decide which coins are good to invest.
Also one thing that I think is that more new coins will come the more crypto market will be perplexed and also its legacy will be decreased.
Its better to stop listing new coins on daily basis except those coins only who have solid project.
Majority of the projects are bogus and scam and they are just here to take the money from us. We must be cautious about this and dont support every new listing coins.
There are many crypto coins which have good project and a good future ahead but they are totally ignored. The reason is the new coins that are getting listed.
You may have noted that there are huge volumes seen in the new coins after being listed. Which clearly means that foolish and greedy people are also more.
They want to gamble with new coins, if they are successful good and if they get stuck then they start crying.
Therefore, it is better to not support every new coins unless they have the solid project. Rather there are blue chip coins and other good project coins which can give you huge benefits.
Will you people agree with me? Do you think the listing of new coins will make trouble for the crypto market? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
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Best Wishes.
