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Topic: Is it advisable for a beginner to invest in a newly launch project? (Read 544 times)

hero member
Activity: 2772
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No dream is too big and no dreamer is too small
We can't stop them if someone told them that the biggest possible gains are through investing into the new projects. Just check out different crypto communities and you'd see a lot of shills telling their new projects to the newbies. Out of the many that are into those groups, how many are likely to invest on it without having someone to consult? This is the scene that many of the newbies are silently buying those new tokens with the thought of speculating greater gains. While we don't recommend them to buy it and only stick with the ones that have been existing for so long, we don't get a hold of their minds and they'd still do the opposite of the tips given to them.
Well, sometimes newbies are hard-headed. They still go and invest in such things not only because they are told so, but probably out of their curiosity as well. And I think that’s not bad at all, at least they will lose and learn their lesson early. And after that, they’ll make sure to avoid investing in new projects but will only trust their money on the investments that have been existing for long and are still profitable. That way, we know already that they invested with caution.
member
Activity: 406
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Eloncoin.org - Mars, here we come!
Newly launched projects are totally wrong to invest on because they are just new to the crypto space and they
haven't given any transparency, trustworthy, reliable report like old projects.Majority of these new projects pumping on the crypto space are owned by scammers so in order not to be scammed invest on what you know.But if you feel like taking a risk on investing on newly projects that are launched on the crypto space,you can invest on what you can afford lose.
Profits is the main option for us. Investing in prominent projects for the purpose to yield enormous profits on our ends. We want growth and we'll do anything to stay at the top and continue Investing in projects that have good road map, it doesn't matter if they're new or old, what matters is the road map if it's promising for us. Newbies should hold and learn about these projects before investing in them. I know it's going to be difficult but we should bring in excellent targets for improvement.
full member
Activity: 195
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★Bitvest.io★ Play Plinko or Invest!
Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.
in cryptocurrency those people you think that is a beginner have know it all before you, so what I'm trying to let you know is that cryptocurrency investment you have to make your research before you invest no matter they can off the project that you want to invest on you must have the time to make a research so investing in new project is good but you have to make your research to know if the project is something that we stand firm or something that will not stand because sometimes some project always be a scam Project which without making a research you will not found that
legendary
Activity: 3248
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Block halving is coming.
Well your advice is very clear, but did you really think investing in a newly launch project is not advisable for newbies alone? How about those earlier investors? Those who are very deep in this crypto space? Did you really think they can deal with those risk? I think this advice also goes to those high ranked members because not everyone that can be able to deal with those risk, most of them get scammed also, I think we just need to be careful with the kind of newly launch project to participate.
Even if we are high rank or know more about crypto we aren't still 100% sure about any newly launched project like I said if you are a risk taker why not invest just a small amount so that it won't hurt if you invested to a scam/pump&dump project.
There is no perfect analysis of any new project because anytime developers can leave the project once they hit the target we don't have control over the project that is why if you are a risk taker invest only what you can afford to lose and consider it as a lottery.
member
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Eloncoin.org - Mars, here we come!
If it is a beginner then that is not advisable for newly launched projects unless if he knows the risk and if he is a risk taker I saw many newbies doing this these days but some of them are happy with the outcome however for me, it's still not advisable.
It still the best thing to do as a beginner is always to DYOR before investing to any project and be smart because there are lots of project out there just built for pump and dump or for scam purposes only.

This forum also is a good place to ask about the project so if you are the one who is guiding him or giving advice I suggest bring him here on the forum instead so that he can ask something related to the project here on the forum to get some ideas from other users who have more experience than him that is the best advice.

Well your advice is very clear, but did you really think investing in a newly launch project is not advisable for newbies alone? How about those earlier investors? Those who are very deep in this crypto space? Did you really think they can deal with those risk? I think this advice also goes to those high ranked members because not everyone that can be able to deal with those risk, most of them get scammed also, I think we just need to be careful with the kind of newly launch project to participate.
full member
Activity: 1444
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#SWGT PRE-SALE IS LIVE
the majority of beginners don't know when they should enter or exit the crypto market, they buy new project tokens or coins in a state of FOMO, but that's a bad thing, they think the new token they buy will bull in large amounts even though that's not the case at all, this is what needs to change, for those who have been long-time players in crypto they will definitely know when to get out and when to get in, experienced players already have the knowledge naturally
hero member
Activity: 2954
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We can't stop them if someone told them that the biggest possible gains are through investing into the new projects.
The problem most newbies are always having is that they are not always introduced to crypto by the right set of people. Most of them just get brainwashed by people they meet on social media. They will push them to invest in some new crypto, and they will be promised a very high reward. Since they lack knowledge, they will want to follow what their mentor instructed them to do. They won’t have a choice but to invest in those coins, but most of them do end up losing money.
That's true but we can't help with that anymore. What will teach them a valuable lesson is going to be the roller coaster ride that they'll have through investing into those kind of projects. Suddenly, the realization will hit them hardly and that's how it is going to be. First things first, is the thought about investing in crypto is becoming rich overnight. That will not be gone as well and so as the newbies thought of that with their mindset, they're more prone to these tricks that are being taken as an advantage of the wrong people.

I never encouraged anyone to invest in new projects, whether they are new to the crypto space or have been in crypto for a long period of time. I do encourage people to avoid new projects, because most of the new projects entering the crypto space are scam. Some are so real that you will never think they are going to scam, but at the end you are going to lose. If you want to invest, then invest in bitcoin or strong alt coins.
Actually, it's interesting to see real people gain a lot from investing into those because that's their style of marketing. To show that investors have earned from investing into their projects and the feeling and emotion of FOMO will start from there. And if you're new to the market, you'd feel that and there's the obligation that you should do it asap and that's where many newbies fall for that trap.
sr. member
Activity: 630
Merit: 420
We can't stop them if someone told them that the biggest possible gains are through investing into the new projects.
The problem most newbies are always having is that they are not always introduced to crypto by the right set of people. Most of them just get brainwashed by people they meet on social media. They will push them to invest in some new crypto, and they will be promised a very high reward. Since they lack knowledge, they will want to follow what their mentor instructed them to do. They won’t have a choice but to invest in those coins, but most of them do end up losing money.
 
I never encouraged anyone to invest in new projects, whether they are new to the crypto space or have been in crypto for a long period of time. I do encourage people to avoid new projects, because most of the new projects entering the crypto space are scam. Some are so real that you will never think they are going to scam, but at the end you are going to lose. If you want to invest, then invest in bitcoin or strong alt coins.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
We can't stop them if someone told them that the biggest possible gains are through investing into the new projects. Just check out different crypto communities and you'd see a lot of shills telling their new projects to the newbies. Out of the many that are into those groups, how many are likely to invest on it without having someone to consult? This is the scene that many of the newbies are silently buying those new tokens with the thought of speculating greater gains. While we don't recommend them to buy it and only stick with the ones that have been existing for so long, we don't get a hold of their minds and they'd still do the opposite of the tips given to them.
hero member
Activity: 966
Merit: 701
Most investors already have the idea of taking profit and running off, it plays out 90 percent of the time and that’s where the real risk is.
90% of the time? Surely that cannot be right. I have heard a lot of people say this before investing in pyramid schemes. They often say their strategy is to invest early, take profit and exit but in reality that almost never happens and they end up becoming victims of the scheme due to their greed and ego.
I usually do not give financial advice but if there is anything an investor should do is invest only what you can afford to lose.
legendary
Activity: 1414
Merit: 1108

Newly launched products comes with a different kind of risk but, it’s what could be endured and as such, I wouldn’t advise anyone to or not to. Rather, I would say you should understand the risk that it can always go either way but, it often hits rock bottom after a good pump. That’s to say, most of them do pump so, getting in means you should have a good get out strategy. Should you choose to invest, you must ensure you’re doing that with some insignificant fund as it’s easier to lose on a new project than you would in an old, existing project.
Most investors already have the idea of taking profit and running off, it plays out 90 percent of the time and that’s where the real risk is.
member
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Eloncoin.org - Mars, here we come!
Newly launched projects are totally wrong to invest on because they are just new to the crypto space and they
haven't given any transparency, trustworthy, reliable report like old projects.Majority of these new projects pumping on the crypto space are owned by scammers so in order not to be scammed invest on what you know.But if you feel like taking a risk on investing on newly projects that are launched on the crypto space,you can invest on what you can afford lose.
newbie
Activity: 0
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A totally real newbie has nothing to do with investment because you have no idea at all . To invest in a newly launched project is wrong because you don't know anything about the project, that is why most person gets easily scam by fraudster, immediately you enter the project they know that you ou are new and so fraudsters start moving towards you to know your ability and as soon as it been confirmed you lose your money . You need to know a lot about a project and how it works or being done before you put your money there,make your research and findings ,the trend of the market and technologies applied,the risk and growth strength ,most important you should also know the cryptocurrency they use and understand it.
legendary
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To the Moon
Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam...

If you can't do the research yourself, then you need to look at who was the investor of the project. And if you see that companies such as Binance Labs, Coinbase Ventures or Andreessen Horowitz and Vitalik Buterin have invested in this project, then you can safely invest your money with them.
jr. member
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OP, another obvious post. Besides all this, as has been said many times, how can a newbie conduct his research? Aren't you the one who writes that he is inexperienced? How will he do this? Everything is colorful in his eyes, and he is already practically rich, and very quickly. This is how newcomers perceive new “promising” projects. So, OP, to make your post useful, please tell us how a newbie can spot a scam. Considering that, some projects look very trusting, almost until the end of their epic of deception.
No, capital no. How can a newbie even have the guts to invest in newly lunched projects when you are not a sure of wether the project has future or not?
it will be considered not common sense for someone to be have in such manner. we newbies should take heed of the kind of projects that we are going to put our money into. we should be sure  that the project has future.


This is called Gambling.  You are pretty much putting money into something you never actually know whether will succeed or not.

The amount of people purchasing a new Cryptocurrency to end up earning a LOT of money is so little you probably have better chances doubling your money at a local lottery.  Even big Cryptocurrencies sometimes show red flags and end up scamming.  You simply never know.
You see, even those that purchase cryptocurrency and gain a lot in return are not much. So instead of playing a gamble in the name of cryptocurrency trading, you rather go for local coins that have already gotten some positive trust so that you can have rest of mind. Although some people are so desperate to earn a lot of money. But even if you are going to invest, try as much as possible to consult experts in the forum.  And those experts should be those you trust, even if not 100% , you should at least trust them to some extent.
member
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For those who are interested in Bitcoin investment, it is not at all convenient to invest in any new project other than Bitcoin. Moreover, for those who are completely new to investment, it is better not to invest in newly launched projects because in this case the newly launched projects are very hyped at first and later these launched projects are in such a down mood in the market that a new investor may not benefit from these projects.
hero member
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I don't blame newbies that are investing in new projects but are they doing it the right way? This is my concern, because those who are making the gains from new altcoins are the ones that are engaging in IDO and ICOs on the biggest platforms like DaoMaker and Seedify.

Those who are buying at the open market are at biggest risks because they have no clue about what they are doing, most of these new coins will dump weeks after they are launched and for me I always wait for the dump before I buy, if you buy at the top the investors will likely dump on you.

Bitcoin is the most recommendable for beginners and newbies, you don't need to investigate if Bitcoin will survive or die in the next few months or year to come, you only have to do your research on the right Bitcoin wallets to use to store your Bitcoin, to avoid scams.
Well, when it comes to bitcoin, it’s normal to doubt its potentials at first knowing a lot of people are saying that it’s a ponzi scheme, that’s why doing your own diligence to research is a must so you will gain peace of mind prior to investing and risking your hard-earned money. And once it’s done, regardless if the project is old or new, the fact that you have known already that it’s a good and has high potentials to succeed, then even if you are new in the market, that won’t stop you from not investing into bitcoin.

They will just call it a ponzi schemes since they don't know anything about it and just learn about from something negative information which is not accurate. If they don't do a research about what's the real score about bitcoin then provably they would miss the entire opportunity what bitcoin could possibly bring to them. For newbies maybe its not advisable to test their self on new projects but if they can able to handle the risk and already know how to deal with something questionable turndowns of said projects then I guess its still worth to try since the experience you can get there is good to learn from. But if they can't able to handle or afford to lose their money then I guess bitcoin investment is good practice ground for newbies and they should avoid newly launched projects.
sr. member
Activity: 2338
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It is not recommended for newbies because they don't have experience yet and we don't want them to fall into scam projects. We wanted them to enjoy their first try and stay in crypto by investing in potential coins like BTC and ETH. At least, they can't say that it was a scam unlike many of the altcoins and new projects. It is just for them to know more before taking risks in new projects. Because in the first place, investing in new projects gives us no assurance, unlike old coins that I've mentioned above.

It is not advisable for them but it does not mean we should have to ignore new projects at all.
hero member
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Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.
As a beginner, it is very important to focus on less volitility since your mental frame of mind won't be strong enough to handle the volitility that comes with new projects and just as you rightly stated, new projects may lack the ability to stay long in the market and as a newbie, long term duration is important for your investment in other to study and understand the project ecosystem and offer your own support to them, most important.
So for that, investing in bitcoin becomes the most reliable and less risky for a newbie since bitcoin can give you the chance to hold your assets for as long as you want and still be confident that you won't lose your investment value because of decreased in price.
legendary
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I don't blame newbies that are investing in new projects but are they doing it the right way? This is my concern, because those who are making the gains from new altcoins are the ones that are engaging in IDO and ICOs on the biggest platforms like DaoMaker and Seedify.

Those who are buying at the open market are at biggest risks because they have no clue about what they are doing, most of these new coins will dump weeks after they are launched and for me I always wait for the dump before I buy, if you buy at the top the investors will likely dump on you.

Bitcoin is the most recommendable for beginners and newbies, you don't need to investigate if Bitcoin will survive or die in the next few months or year to come, you only have to do your research on the right Bitcoin wallets to use to store your Bitcoin, to avoid scams.
Well, when it comes to bitcoin, it’s normal to doubt its potentials at first knowing a lot of people are saying that it’s a ponzi scheme, that’s why doing your own diligence to research is a must so you will gain peace of mind prior to investing and risking your hard-earned money. And once it’s done, regardless if the project is old or new, the fact that you have known already that it’s a good and has high potentials to succeed, then even if you are new in the market, that won’t stop you from not investing into bitcoin.
hero member
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Nope- I will definitely NOT advice beginners to invest on a newly launched project given that the knowledge required is too great for them to grasp.

Remember that beginners should be able to understand the fundamentals of cryptocurrencies. Before investing into any altcoins, they must first learn the basics and on how cryptocurrencies work in the first place. Also, be reminded that majority of new projects are famous for its "rug pulls" where the projects would collect the investment and banish after receiving all of the donations and monetary support from its backers.

Just to add, investing on BTC is already risky. Why add another layer of risk to these beginners? You may also bring more harm than good if they get the wrong idea from investing into newly launched projects especially if the latter fails to uphold its promise to its backers.
full member
Activity: 154
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Eloncoin.org - Mars, here we come!
Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.

Yes one can actually do whatever they want, Bitcoin is the only coin that has seen to stand out of the crowd that is less risky when compared to other coins but everyone has to tailor down what he or she want in terms of coins involvement. But however, talking about new project I will presume that you are referring to other coins which I could say that any newbie in the space should be able to have a basic knowledge and understanding of what her she is venturing in to.
full member
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You're absolutely right, before investing in any newly launch project is always advisable to make a proper research about the project before any other thing, is very important.  I think the reason why most beginners  easily fall victim to scammers is because they always jump into making investment without making a research about the project.

even research alone is not enough, because many projects that seem credible and from reputable teams, but ultimately end in failure. because investing in a new project is quite risky, only people who are ready to take the risks of their investment understand this. therefore, beginners who want to invest in new projects must be able to know their limits and not invest too much of their money in new projects because of the risks.
jr. member
Activity: 5
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I don't blame newbies that are investing in new projects but are they doing it the right way? This is my concern, because those who are making the gains from new altcoins are the ones that are engaging in IDO and ICOs on the biggest platforms like DaoMaker and Seedify.

Those who are buying at the open market are at biggest risks because they have no clue about what they are doing, most of these new coins will dump weeks after they are launched and for me I always wait for the dump before I buy, if you buy at the top the investors will likely dump on you.

Bitcoin is the most recommendable for beginners and newbies, you don't need to investigate if Bitcoin will survive or die in the next few months or year to come, you only have to do your research on the right Bitcoin wallets to use to store your Bitcoin, to avoid scams.
Whether a s person is a beginner, intermediate, or expert in cryptocurrency investing in newly launched projects without doing proper research on the authenticity of the project then such a person is bound to lose their money in the investment if the project ends up being a scam cryptocurrency project.

I dont think that investing in a new project that was launched in the market or buying in a specific exchange means anything. They are all the same, for example, they say Binance is the top 1 cryptocurrency exchange and that the security level is strong and the cost of a new project to get listed in Binance is quite huge. Yet, some scam projects still penetrate the platform and make runs with people's investment.

The easiest way to avoid investing in the wrong project is by avoiding all the newly launched projects and starting investing in the real ones. Bitcoin, ETH, and SOL are good for investing now.
sr. member
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~snip~
It is always risky to invest in the newly launched projects, and in case of a beginner investor it will be more riskier for him. Today most of the newly launched projects on cryptocurrency are being scammer and it will be natural for beginners not to identify them. And result will be lost his fund. So my suggestion will be for beginners investor invest with the top coins like Bitcoin, etherium, solana, light coin. The best option will be invest on Bitcoin for long time
sr. member
Activity: 812
Merit: 260
I don't blame newbies that are investing in new projects but are they doing it the right way? This is my concern, because those who are making the gains from new altcoins are the ones that are engaging in IDO and ICOs on the biggest platforms like DaoMaker and Seedify.

Those who are buying at the open market are at biggest risks because they have no clue about what they are doing, most of these new coins will dump weeks after they are launched and for me I always wait for the dump before I buy, if you buy at the top the investors will likely dump on you.

Bitcoin is the most recommendable for beginners and newbies, you don't need to investigate if Bitcoin will survive or die in the next few months or year to come, you only have to do your research on the right Bitcoin wallets to use to store your Bitcoin, to avoid scams.
hero member
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When we say Beginners, these are people who are new and have no well developed knowledge on a particular field (it may be anything, Bitcoin or something else). Being a beginner /newbie whereas fully knowing their is nothing known about investment making, why would one want to now venture into something they have no common sense about. In some cases, It does not really matter whether newly launched projects or not, as long their is no proper/basic knowledge as well being a newbie then it's best to restrain from investing.
When it comes to investments, we have two kinds of investors... those that invest based on a professional financial advise and those that invest based on gut feeling & personal research!

And considering this is about a beginner/newbie this doesn't mean these people press the buy button while closing their eyes, no!!
With so many scams around the internet one needs to be cyber smart to protect oneself and ones investment and if I were still a newbie in this niche of investments I would still do my research as it's a basic requisite to survive in this industry and should not be used as an excuse not to...besides this is like buying a car, as a new car buyer you need to do your research into the cars problems, its best features etc and if it checks your boxes you go ahead and buy!!
full member
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Eloncoin.org - Mars, here we come!
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!

But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...

Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
Exactly. Regardless of the position, one should not invest without doing extensive research at first. Be it new or old projects, any investor should not jump into investing but should always take time to study the project first and determine if there are high potentials to succeed or just like any project, it’s going to get doomed and vanish all of a sudden. So knowing the project well is a must, most especially if you are also a beginner in crypto industry.

You're absolutely right, before investing in any newly launch project is always advisable to make a proper research about the project before any other thing, is very important.  I think the reason why most beginners  easily fall victim to scammers is because they always jump into making investment without making a research about the project.
To be honest, I don't think that to research on a project before investing in it is enough to okay any investment plan in place. Moreso talking about a newbie who should be observing and learning before engaging in such venture.
My reasons being that, one has to have nursed the interest and have a leading in that direction before any research on the said project, not necessarily crypto, would bear fruit.
full member
Activity: 224
Merit: 195
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!

But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...

Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
Exactly. Regardless of the position, one should not invest without doing extensive research at first. Be it new or old projects, any investor should not jump into investing but should always take time to study the project first and determine if there are high potentials to succeed or just like any project, it’s going to get doomed and vanish all of a sudden. So knowing the project well is a must, most especially if you are also a beginner in crypto industry.

You're absolutely right, before investing in any newly launch project is always advisable to make a proper research about the project before any other thing, is very important.  I think the reason why most beginners  easily fall victim to scammers is because they always jump into making investment without making a research about the project.
When we say Beginners, these are people who are new and have no well developed knowledge on a particular field (it may be anything, Bitcoin or something else). Being a beginner /newbie whereas fully knowing their is nothing known about investment making, why would one want to now venture into something they have no common sense about. In some cases, It does not really matter whether newly launched projects or not, as long their is no proper/basic knowledge as well being a newbie then it's best to restrain from investing.
member
Activity: 140
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Eloncoin.org - Mars, here we come!
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!

But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...

Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
Exactly. Regardless of the position, one should not invest without doing extensive research at first. Be it new or old projects, any investor should not jump into investing but should always take time to study the project first and determine if there are high potentials to succeed or just like any project, it’s going to get doomed and vanish all of a sudden. So knowing the project well is a must, most especially if you are also a beginner in crypto industry.

You're absolutely right, before investing in any newly launch project is always advisable to make a proper research about the project before any other thing, is very important.  I think the reason why most beginners  easily fall victim to scammers is because they always jump into making investment without making a research about the project.
hero member
Activity: 3010
Merit: 604
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!

But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...

Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
Exactly. Regardless of the position, one should not invest without doing extensive research at first. Be it new or old projects, any investor should not jump into investing but should always take time to study the project first and determine if there are high potentials to succeed or just like any project, it’s going to get doomed and vanish all of a sudden. So knowing the project well is a must, most especially if you are also a beginner in crypto industry.
hero member
Activity: 896
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Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.
As a beginner who just got introduced into cryptocurrency, I will say that the best advice for such individual will be for them to first learn to master how cryptocurrency works, because inasmuch as we have got new coins which gets launched every week, it's rare to find good projects likely to give you mad profits, which is why I always advise people to invest in Bitcoin and HODL for long term, rather than looking for projects waiting to be launch. Secondly, the exchange by which a project is intending to be launched is another factor to always look out for, because it has been proven that projects launched on tier 1 exchanges (i.e Binance, Kucoin & e.t.c ) always have great potential of performing better, than projects launched on tier 2 exchanges. But, however, it's never a guarantee. 

Hence, always ensure to do your own intensive research before paying a penny.
full member
Activity: 644
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Eloncoin.org - Mars, here we come!
hi OP, I think this thread can be locked immediately. because you are the one who created the question in the title, you are also the one who directly answered it in the explanation of your post.
If you have said it is better or not recommended for beginners, we here will also immediately agree. due to many factors including:
1. still a beginner
2. It is not clear whether the project will be strong or not
3. Don't have a good cash flow starting from reserve funds and others
4. many scam projects
hero member
Activity: 2800
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Whether you are a newbie or an old-timer, investing in a new project that has no use case is too risky, and considered like you are gambling. It is not discouraged to try new projects but you must have done research to avoid investing in scam projects. It is not just research but there is trust.
But for me, I shouldn't take much risk with them. There are a lot of old projects that has been known for their profit potential which is highly recommended. Unless you really have the guts and certainty for that project which is not a problem.
legendary
Activity: 2072
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Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam.
As a beginner dont. You dont wanna get burn your funds without much enjoying it. Investing on new projects is quite risky but could also gain you more profits if you played it right. Some have earning a lot of multiplier for being early but the tricks there is too be so early if you have confidence then fogo for it but make sure you are aware of the risk and only invest youre willing to lose.
hero member
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Message @Hhampuz if you are looking for a CM!
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!

But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...

Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
Regardless whether these projects are new or old, the fact that the investor is a beginner, then he should not jump into taking such investments. Instead, he should focus on his knowledge acquisition about the potential projects in the market and take time to research about those red flags that could possibly turn these potential projects into scam ones. That way, he’ll be able to lessen the chances getting scam in the market, most especially that he is still not making consistent profits knowing of his beginner’s status.
member
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Eloncoin.org - Mars, here we come!
Firstly, Op you should try to use tools like grammarly to correct some common errors in spellings.

It's more advisable to stay away from newly launched projects especially when you're new to the system but perhaps if one is well acquainted with the basic knowledge then they can wager around chasing profit maybe they could get favoured.

Most of the projects that are being created nowadays are mostly scam and/or pump and dump coins that get hypes from shillers in order to look more authentic but at the end investors who are naive gets to loss into their hands which is a major reason why we only advise newbies like me to only take part in projects that are solid already like bitcoin.

Additionally, if a newbie wants to take part in a new project then it's absolutely on him or her to manage the consequences and/or reward which equally means that such risk could go positively or negatively hence it's to the fate of the investor.

Thanks for your information, that is why we need to have more educated people around us, so that whenever time we make mistakes they will be there to correct us, I so much appreciate you Sir, I promise to work on it.
legendary
Activity: 2954
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It's not advisable for anyone to invest in a "project". All those crypto projects are just different kinds of scams. What is common between them all is that they paint a promising picture of how they will change the world and make investors rich, and on practice do absolutely nothing but pocket investor money and invest in marketing campaign. Pretty much no crypto project was ever succesful. Even Ethereum is 8 years old already and didn't become "world's computer" - it's only "world's platform for shitcoins".

Bitcoin is the only coin that is different because it's not a "project" - Bitcoin didn't make any promises - Satoshi never said that Bitcoin will become a global p2p currency, he only said that it will be the goal.
member
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Eloncoin.org - Mars, here we come!
It is usually difficult to verify the authenticity of newly launched projects. This is why new entrants of crypto shouldn't invest in them. Many of these new projects come up with aggressive publicity which makes them look legitimate to attract people who will end up losing their funds. I will suggest to newbies to only invest in Bitcoin first before they consider buying other coins. And they should also do enough research to ascertain how genuine the project is. For me, I don't invest in any overhyped project that promises huge and quick returns. Any newbie who is greedy and impatient is a cheap prey for scammers.

You're absolutely right, I think your advice is very clear, as a beginner this are the things you need to know before making any investment, so that you won't fall a victim.
hero member
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Bitcoin is achievement
Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.
from my own perspective it is not all about investing in a new project but all about to make a research before you invest in any of the new project because some of the new projects is good Project but it will take you time for you to make a proper research to understand the Foundation of the project and the people who is the furtherance of the project, so I know very well that cryptocurrency is one of the investment that you are not supposed to enter into with making a proper research.
full member
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★Bitvest.io★ Play Plinko or Invest
One of the things that makes beginners fall so easily to newly launched is projects is due to over anxiety and being too inquisitive to get quick wealth. We know that sometimes there are projects that are launched and at the launch o the project the early investors benefits and tries to persuade others to join just like what you said and when a lot of people invest in these projects you see that the price will begin to crash and before you know it a lot of people must have lost their money. Investing in newly launched projects is almost same as ponzi scheme that they will impress the first people that joined then when a lot of people invest in the ponzi scheme the system crashes and people lose a lot of money.
However a beginner is inexperienced of a project that is not scam so it is their duty to learn, ask questions and make sure they are equipped with necessary knowledge to guide them through while they are investing on those projects.
hero member
Activity: 1372
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Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam.
It doesn’t make any sense for a newbie to invest in new projects, if you are doing that, then you are just wasting money, because we all can see the numbers of projects entering the crypto space always, but I will tell you that it’s just few among those new projects are going to perform well in the market, and it’s always difficult to discover the one which is going to perform well. So always stay away from new projects, and it’s not applicable to newbie’s alone.

However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.
Most beginners just want to make money and they don’t want to learn, they have the believe that crypto space is just a space where you can easily make money, so they don’t even care to do research about a coin, and some of them are always following groups that will give them signals, which at the end they will end up losing money.
legendary
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To the Moon
... first thing you should do is to make a deep research about the project before looking out to make investment...

It will be difficult for a beginner to conduct proper research on the project due to lack of knowledge and experience. Therefore, it is better to refrain from investing in new projects, giving preference to coins that have long proven themselves on the positive side of investors.
legendary
Activity: 2086
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Is it advisable for a beginner to invest in a newly launch project?
The main purpose of the Bitcointalk Forum was formed to discuss Bitcoin, because Bitcoin was named crypto, so over time various types of crypto were born as they are today, with widespread public demand, So another Altcoin board was created as a place for discussion, but this board was used by the community as a place for Altcoin projects, not used as a place for discussion anymore.

For beginners, you should think, this forum is not responsible in the case of Altcoin projects for fraudulent activities, aka no (in moderation), beginners must understand that investment actions have a high risk of loss, Of course, on that basis, they can think that whatever project they have, whether new or old, does not guarantee that they will be successful, of course the chance of fraud is greater than profit.

Thus, whoever is a beginner who comes here/forum, try to learn more first about crypto, especially Bitcoin and the things that need to be learned apart from projects, remember, never immediately believe in online projects, search for information carefully and thoroughly, to avoid fraud in the future, beginners who have Q on display are the ones who are successful and successful.
sr. member
Activity: 574
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Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.

Talking about this is not only applicable to new beginners but for everyone in crypto industry. By the way, research is not a guarantee that a project will be successful though it help to know how serious the project is but investing in it is purely risky. For beginners, even with their research they can still fall victim because they have no idea of what to look out for in a new project that make it looks genuine. Overall, investing in new projects is like gambling where your profit is not guaranteed but you take the risk to see how the outcome will be. Some projects portray themselves very legit with their whitepaper/roadmap and one will be convince after the research but in the long run, you regret investing in them. The bottom line should be invest moderately in any project you have double thought on and be prepared for whatever the outcome might be.
sr. member
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It's a terrible idea to lack knowledge about investing in altcoin and still choose to invest in altcoins, you will end up with scam projects and fake tokens, even those who are experts in altcoin investments still make mistakes till date, they sometimes end up with scam projects.

Altcoins is like walking into a casino for people who don't have any knowledge about how to be safe while picking up the good projects among the high numbers of bad ones.

Beginners should stay away from altcoins investment until they are capable to identity what a promising altcoin looks like. You can choose to be a stubborn as but I promise you will end up learning the hard way.
hero member
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Crypto Swap Exchange
This is called Gambling.  You are pretty much putting money into something you never actually know whether will succeed or not.

The amount of people purchasing a new Cryptocurrency to end up earning a LOT of money is so little you probably have better chances doubling your money at a local lottery.  Even big Cryptocurrencies sometimes show red flags and end up scamming.  You simply never know.
sr. member
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Cashback 15%
This is no Bitcoin

You can't even tell which is which, remember, you are still a beginner.

Altcoins are more complicated than anything else, this month you will see promising project with promising team members talking about what they are trying to build, give it few months later, they will not progress with the project anymore.

We are in a struggling phase in the market right now, if Bitcoin goes under its present value many altcoins will suffer even more, some won't even make it after a big dump from Bitcoin side.

It is not advisable for a beginner to go straight into altcoins investment, there is no rugpulls, scams and betrayer in Bitcoin investment thats why its the best recommendation for crypto beginners, you need a lot to learn first, how to find the altcoins that are worth risking your hard earned money on.

Also make sure that most of your funds go into Bitcoin and risk less on altcoins, they have the potential to make you more money than Bitcoin, but the risk of losing your money is also higher.
hero member
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Rollbit.com ⚔️Crypto Futures
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!

But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...

Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
hero member
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Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.

As a beginner they should do all the research needed so that they can figure out something that its good to invest on that new project or they are just  getting a hype then eventually after they request some withdrawal then they have been stuck on just request only. This is common on ponzi schemes site that's why its good to ask on right people which you can locate here since a lot of people can get an honest review from reputable people comparing if they go on the community of those scams since provably they will only get a pure lies since that scams have lots of hype men and they make sure that they can invite a lot of people so for them to get a profit.

That's really the main reason that research is important so that we can easily figure out what is scam to avoid and right investment to proceed. So to avoid commit the what we called newbies mistakes its better to find the right community that can truly help them and not seek for any opinion coming from single platform especially if they know that they are a supporter of that project since they can only receive a wrong information which cannot help them for long term.
hero member
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#SWGT CERTIK Audited
most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's

Wait, is it about HYIPs and MLM scams?  Roll Eyes Because the way you are describing it, it sounds like you are talking about projects such as HYIPs that promise to give you big returns on your investments and then don't pay back, or MLM scams where you keep inviting other people to the platform and you get rewarded when you referrals make investments, and at the end of the day, the company or the project runs away with the funds and those who enter last will lose their money.

I thought you were about the discuss cryptocurrency projects and coins and tokens because a cryptocurrency project doesn't scam that way, they would simply sell their coins or tokens to investors, get their token listed in an exchange, create a lot of hype so that people start buying, and as soon as more people start buying, they dump their share of the tokens and run away.
legendary
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✿♥‿♥✿
OP, another obvious post. Besides all this, as has been said many times, how can a newbie conduct his research? Aren't you the one who writes that he is inexperienced? How will he do this? Everything is colorful in his eyes, and he is already practically rich, and very quickly. This is how newcomers perceive new “promising” projects. So, OP, to make your post useful, please tell us how a newbie can spot a scam. Considering that, some projects look very trusting, almost until the end of their epic of deception.
full member
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One of the worst things is to think that an increasing value means that the currency is a good or better investment in it before its price rises too high.
This is the main trick that scammers do, they appeal to your greed, and if you are greedy enough, you may not realize that the project is a scam despite all the evidence that shows it.

You are right, but even if there is no scamming involved, it is still not advisable to get in on an asset that has its value going up, we call that FOMO and we know how dangerous that can be. Newbies often make this mistake, as soon as they see a few green candles in a chart, they feel it is an opportunity for them to secure some profits, and they jump right in without doing any research or analyzing the market and how that particular asset has been doing in the past, they get blinded by greed and then pay the price for it.

The price of that asset starts dropping sharply right after they make an investment and they don't even get enough time to sell their assets back with a small percentage of loss, and since they are new in trading, they don't know what a stop-loss is.  Roll Eyes

So, for any newbie entering the market with the mindset of earning a lot of money, it's important for them to know that knowledge is the first step they need to take.
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★Bitvest.io★ Play Plinko or Invest
It's not advisable though anyone can fall prey to scammers but is more likely on beginners who knowledge is very minimal to their trick the best for a beginner is to gather knowledge and know the right investment before venturing into it, remember most if this new project may have all it required to be of good project but are coordinated scammed project, as beginner is very hard because you will be looking at the team, and some criteria that don't matter it take experienced person to easily detect scam project.
full member
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Eloncoin.org - Mars, here we come!
Every experienced forum member will definitely say NO to newbies investing in newly launched projects, even the existing ones should be properly researched before investing in them, because there are more scam projects than legit ones. For beginners without experience, they should just stick to the most reputable cryptocurrency which is Bitcoin, then if they want to go a step further in their investment, let them buy top altcoins that have proven their reputations in the crypto market, anything aside from these categories are risky to invest in, unless the newbie wants to gamble their funds.
member
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Eloncoin.org - Mars, here we come!
I don't think, is advisable for beginners to approach new projects in the market to invest, because they need to acquire more skills before they will start investing their capital in a new project, because the new projects can misbehave some time to cause their investors to lose their capital at the end of the project. Even the old investors don't use to invest in a newly launched projects, because they know that it is a risk to use huge amount of capital to invest on a new project, because they can disappear from the market to make those that invested to experience losses from the project. As a newbies, you can use old projects that is more popular in the market to invest, and you will definitely achieve a good income that will make you to always invest in that particular project any day, because you have tested positive results from the old projects.

You're right as a newbie you need to acquire more skills before looking out to make investment. And also you need to make research about the project before making any investment so as to avoid losing your capital. is always advisable to use old project that is more popular, but you really need to be careful, reason been that you don't know if the project will be dump anytime soon.
full member
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I don't think, is advisable for beginners to approach new projects in the market to invest, because they need to acquire more skills before they will start investing their capital in a new project, because the new projects can misbehave some time to cause their investors to lose their capital at the end of the project. Even the old investors don't use to invest in a newly launched projects, because they know that it is a risk to use huge amount of capital to invest on a new project, because they can disappear from the market to make those that invested to experience losses from the project. As a newbies, you can use old projects that is more popular in the market to invest, and you will definitely achieve a good income that will make you to always invest in that particular project any day, because you have tested positive results from the old projects.
hero member
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Well I think is not advisable for a beginner to invest in a newly launch project
Newbies, new investors in cryptocurrency market should not invest money into new projects.

New projects can be scam, will have rug pulls or their projects are not scam but their developers lack of capability to build up a successful project.

At the end, if an investor spends money to invest into a bad project, he will lose his capital.

Invest money into old project that has years and has passed through some market cycles, still survives, has good trading volume, it will be a safer investment choice. There will be less risk of rug pull and capability of that developer team already verifies by their works throughout some years and market cycles. By going through some market cycles, that project and developer team already survived through some hardest times in the past.
hero member
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Many of the newbies don't know what they do but out of their innocence, some become lucky with what they invest. For example, those newbies that are fortunate and got lucky buying a random newly launched meme coin and they're able to make some profits out of it.

But not everyone has the same story as that example. The majority still don't get lucky with what they buy and that's the reason why many of these beginners need to DYOR before they invest in anything.

If they are newbie but they can afford to lose that money, let them explore what they have to explore out of their own curious and conscious mind.
legendary
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One of the worst things is to think that an increasing value means that the currency is a good or better investment in it before its price rises too high.
This is the main trick that scammers do, they appeal to your greed, and if you are greedy enough, you may not realize that the project is a scam despite all the evidence that shows it.
sr. member
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The Alliance Of Bitcointalk Translators - ENG>PID
Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam.  
Most new projects are not good and may not last for a long period so old or new investors has to be careful of such projects. Though it might have to be a good advice, especially to the newbies because they barely have minimum understanding of the market and might end up investing in pump and dump projects, where its developers initial aim was to make quick profit of new investors and the flee with funds.

We see different new projects flooding the market all claiming to have a bright future or a promising one. But it's best to do proper evaluation of new projects or rather invest in old and well know already made ones. This will prevent you from holding bags of scrap coins or tokens(Altcoins) all in the name of investing.
legendary
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Chancellor on brink of second bailout for banks
Quote
Re: Is it advisable for a beginner to invest in a newly launch project?
No. Whatever happens, don't invest into a new project especially if you're a newbie.
Well, you can still invest in a new project as a newbie since it's your own money, but it's not advisable because of the risk a new project has.

New project can just rug pull very quick if they wanted to. Even old projects can just rug pull its investors if they wanted to. New projects have a high chance of it being a scam, and as a newbie, it isn't a good thing because if you're starting and you got scammed at your first investment, there's a chance that you might stop investing anymore because of the experience that you got.

As a newbie, I would suggest to just focus on old projects, or at least those top coins like Bitcoin, Ethereum and other top coins in terms of market cap. It's good that you joined the forum because you will learn here even more with regards to cryptocurrency. Aside from the forum, YouTube is a good tool as well for you to learn more. Just avoid investing into new projects for now if you're a newbie.
full member
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Bitcoin is a recommendable crypto investment for all time investors because there about your emotions would be stabilized that your funds is safe if only you can understand Bitcoins Blockchain.
Bitcoin is a reputable and reliable coin so there is no form of convince that newly projects would be recommended for beginners.

Infact, newly projects is assumed to be basics of gambling which is best fit for advanced crypto investors that typically understands the nature of the project venturing on so as much the emotions is also accepted to whatever that comes out of it While technically and logically leaning the analysis of the newly projects.
legendary
Activity: 3248
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Block halving is coming.
If it is a beginner then that is not advisable for newly launched projects unless if he knows the risk and if he is a risk taker I saw many newbies doing this these days but some of them are happy with the outcome however for me, it's still not advisable.
It still the best thing to do as a beginner is always to DYOR before investing to any project and be smart because there are lots of project out there just built for pump and dump or for scam purposes only.

This forum also is a good place to ask about the project so if you are the one who is guiding him or giving advice I suggest bring him here on the forum instead so that he can ask something related to the project here on the forum to get some ideas from other users who have more experience than him that is the best advice.
hero member
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Always Act Smart and Play Safe With Your Funds
I think this has been a kind of song or do i call it lyrics to people who are going into crypto investment newly because I believed that information is very powerful so they need to read understand what they are going into before finally putting their money into it. Like the way most of the people who are trying to come into cryptocurrency investment lately are eager to just answer the name they are crypto investor or trader, yes it is cool calling them that name but do they know what it takes for someone to be called that name?
They need to do their research and know how to go about some project before putting their precious resources over there, this includes consulting people who are there before them and also bring up some of those newly launched project over here for people to view if they are legit before they could venture into it to make their investments.
legendary
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Cashback 15%
There are pros and cons in investing in a newly launch project, the determining factor here is whether the developer is dead serious on developing their project and not just another money grab project.

I won't say that it is advisable nor not advisable for a beginner to invest in a newly launched project but, I would suggest that if a beginner is interested in a certain project, he must do his thorough research and look for the possible red flags on the newly launched project. Advising a beginner as if we know everything is somehow wrong, IMO.  It is best to give the beginner an option to think and research to verify whether the project is worth investing in and is legit.  It is possible to happen if we advise them not to invest but then it turns out that the project  is a hidden gem.  It is then our fault to make this beginner to miss out on a profitable investment.

A beginner can always use the forum or other platform to ask for help to verify some newly launched project.  People will gladly help just like in this forum where members are eager to study and give their thoughts about the subject matter.

So for me, if we are knowledgeable enough to identify scams then it is better to share the information on ways how to identify a scam project and let him decide for himself.
member
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Eloncoin.org - Mars, here we come!
Firstly, Op you should try to use tools like grammarly to correct some common errors in spellings.

It's more advisable to stay away from newly launched projects especially when you're new to the system but perhaps if one is well acquainted with the basic knowledge then they can wager around chasing profit maybe they could get favoured.

Most of the projects that are being created nowadays are mostly scam and/or pump and dump coins that get hypes from shillers in order to look more authentic but at the end investors who are naive gets to loss into their hands which is a major reason why we only advise newbies like me to only take part in projects that are solid already like bitcoin.

Additionally, if a newbie wants to take part in a new project then it's absolutely on him or her to manage the consequences and/or reward which equally means that such risk could go positively or negatively hence it's to the fate of the investor.
hero member
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Top Crypto Casino
I wouldn't blame anyone especially new crypto users if they opt to invest their money on newly launched projects because some of the existing projects have very high Fully Diluted Marketcap so much that it'd be hard to get 1-3x out of  them even if it was held for the longer term. That's why most of the new users are onboarded straight into newly launched projects that have very little utility and no concrete project that can generate revenue or accrue value for the token.



You asked a question in your subject title, and then went ahead to answer yourself in the content of your OP, lol.

~Snipped

I agree, if the title is worded differently, it would convey the content in OP much better. Maybe something within the lines of "This is why it is not advisable to invest in newly launched projects"  Shocked
legendary
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'Life's but a walking shadow'!
You asked a question in your subject title, and then went ahead to answer yourself in the content of your OP, lol.

The thing with new coins/altcoins is their lack of utility, quite a lot of them are copy and paste of past projects that have failed, with fake/unrealistic promises and many times even plagiarized whitepaper's. The thing is, research cannot even help you with projects like these, because all could seem good after your research, but the project still turns out to be a scam in the end or it just fails because there is no utility to keep it alive for the long term.
hero member
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Give all before death
It is usually difficult to verify the authenticity of newly launched projects. This is why new entrants of crypto shouldn't invest in them. Many of these new projects come up with aggressive publicity which makes them look legitimate to attract people who will end up losing their funds. I will suggest to newbies to only invest in Bitcoin first before they consider buying other coins. And they should also do enough research to ascertain how genuine the project is. For me, I don't invest in any overhyped project that promises huge and quick returns. Any newbie who is greedy and impatient is a cheap prey for scammers.
hero member
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If by beginner you mean someone that’s totally new to cryptocurrency then it is not advisable to invest in not just any newly listed or lunched project but also the already existing projects. Every projects needs proper research on and as a newbie the only project or coin you’re supposed to be looking into is the bitcoin project or coin.

Newly launched projects are not just bad or tricky projects for newbies but also for old investors too. Some of the projects are easily pump and dump projects except a few and it would be bad for a beginner with out proper understanding of how to carry out their research to even dig into a newly lunched project
member
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Eloncoin.org - Mars, here we come!
Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam. some project can look very real and promising but at the end it won't work out the Way you expected, most of the project can decide to reward the first set of people who participated from day one just to make it look real, so as to attract people, at this point you will see a lot of people investing in that project without knowing their intention, those investors who didn't invest quite on time will find it difficult to withdraw their fund's, that is why before investing in any newly launch project first thing you should do is to make a deep research about the project before looking out to make investment, However most of the beginnings don't make research before making any investment, that is the mean reason why most of the beginnings  get scammed so easily.
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