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Topic: ???? AFRAID OF NEW PROJECTS !!! ? - page 3. (Read 2094 times)

sr. member
Activity: 770
Merit: 253
October 24, 2019, 11:16:29 PM
Why do you think that everyone is afraid that some of the new projects
some people without doing any research,    They despise a project, which makes other people agree.
is this lack of literacy in the study makes them fail ?
Does this lack of information bring down a project, that MAY have a bright future ?
We cannot really blame, lots of scams showed up when the number of ICOs increased. They might have experienced lots of scams which ended up making their trust very hard to earn. They are the one to be blamed about it too because maybe it is all because of their carelessness and also lack of knowledge. Before joining a certain project, it is necessary that you need to read the whole white paper first and do a background research on the team if possible so that you can recognize of it is really a scam or not.
Even those measures are not really enough, there was time in which if you took the right precautions you could avoided most of the scam projects with ease, but that is not the case anymore, scammers have learned to imitate the characteristics of successful projects to the point that it is impossible to tell them apart and when that happens there is only one logical solution and that is to stop investing in new projects no matter how good they may look.

Still, if we allow scammers scam our investment then it is our purely responsibility, as investing is purely a choice, and people cannot force you or obliging you to invest, so if you invested, without doing a research, then it is your fault anymore and no one should be blame on it, as you are responsible for your own action.
hero member
Activity: 1092
Merit: 501
October 24, 2019, 09:08:20 PM
Why do you think that everyone is afraid that some of the new projects
some people without doing any research,    They despise a project, which makes other people agree.
is this lack of literacy in the study makes them fail ?
Does this lack of information bring down a project, that MAY have a bright future ?
We cannot really blame, lots of scams showed up when the number of ICOs increased. They might have experienced lots of scams which ended up making their trust very hard to earn. They are the one to be blamed about it too because maybe it is all because of their carelessness and also lack of knowledge. Before joining a certain project, it is necessary that you need to read the whole white paper first and do a background research on the team if possible so that you can recognize of it is really a scam or not.
Even those measures are not really enough, there was time in which if you took the right precautions you could avoided most of the scam projects with ease, but that is not the case anymore, scammers have learned to imitate the characteristics of successful projects to the point that it is impossible to tell them apart and when that happens there is only one logical solution and that is to stop investing in new projects no matter how good they may look.
jr. member
Activity: 518
Merit: 3
October 24, 2019, 10:08:39 AM
Bringing in a new project into the crypto space is a good idea and development, but in a situation where people, particularly some developers are making use of that privilege to scam others, then it becomes a thing of concern. In fact, someone who thinks he knows the areas to concentrate on while researching will still he very much conscious.
member
Activity: 364
Merit: 10
October 24, 2019, 10:04:19 AM
The lack of solid projects is making people to be afraid of taking part in new ones. If you never invested in crypto and see that 85 percent of all projects are scams, would you even invest a little amount to try your luck?
member
Activity: 434
Merit: 10
October 22, 2019, 11:33:00 PM
For the uninformed problem I think yes but at the moment I can say I have not seen a new project that is really promising especially at this time the market is entering into saturation, but I am sure a new project with a future will be there for the future but it does not come from erc20 tokens or other platforms that have been circulating
There are good projects out there just that it takes lots of hard work, expertise from the team and funds to reach the true potentials of the project. This is largely because it is now very difficult to attract investors due to the scam issues which has raised some level of fear in some investors. Performing an extensive research on the project will reveal its true potentials.
newbie
Activity: 36
Merit: 0
October 22, 2019, 09:34:42 AM
New projects are becoming more garbage than before. Most of their team are only focusing to get a fund from investors. Scammers are keep increasing so it is hard to find new good projects today.

yes it is, but as harder as it'll become then we should increase our research and improve our crypto knowledge. Literally it's up to us that don't fall for scammers 'cause they'll do everything to empty our pocket but if we believe in crypto so we should put more time and trust on it.
sr. member
Activity: 798
Merit: 250
BabelFish - FISH Token Sale at Sovryn
October 22, 2019, 09:26:20 AM
indeed some people are afraid of and hate new projects. as if they were afraid to keep a coin that emerged from a new project. in my opinion, it is very natural that people are afraid and hate new coins. maybe they have experienced a loss when storing new coins. although not all coins are like that. but I think the majority of new projects only seek profits from investors. we as consumers, must really research first before investing in a new project. but I am also still convinced, that there are still new projects that have a bright future.
sr. member
Activity: 1162
Merit: 252
October 22, 2019, 09:03:24 AM
For the uninformed problem I think yes but at the moment I can say I have not seen a new project that is really promising especially at this time the market is entering into saturation, but I am sure a new project with a future will be there for the future but it does not come from erc20 tokens or other platforms that have been circulating
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
October 22, 2019, 08:22:00 AM
Choosing a good project is one of the hardest part of being a investor. There still good project nowadays but the garbage project overpowered the good projects. Investors are now afraid to participate because of the high risks.
they don’t invest because they already gained experience in 2018 when there was a peak of ICO. people invested 20-30 bitcoins in projects and now their money has turned into sand
member
Activity: 434
Merit: 10
October 22, 2019, 06:46:33 AM
Since there is no 100% assurance for investors, holders, traders, bounty hunters etc about new projects and even already listed coins on the market, it is very normal to feel a bit paranoid about them. However, after performing a series of researches on these new projects, one should have a raised level of confidence about the new project.
full member
Activity: 651
Merit: 103
October 22, 2019, 06:27:16 AM
New projects are becoming more garbage than before. Most of their team are only focusing to get a fund from investors. Scammers are keep increasing so it is hard to find new good projects today.
newbie
Activity: 36
Merit: 0
October 22, 2019, 05:52:52 AM
People does not have enough resource, expertise and time to research about every projects and all of the ICO reviewing sites are giving better ratings to the paid ones.
The scams are getting stronger, more persuasive and much more difficult to recognize. Mostly scams are creating more buzz than legit ones.
90% of the ICOs are not being able to maintain their ICO price on listing. There are several reasons to be afraid of.

If someone have money to invest and love his/her money Wink, he/she must make the time to research, otherwise they will lose their money and blame all the start ups...
I'm also agree with you up to this point that the ICO reviewing sites are giving better ratings to the paid ones. So this is up to us that don't give credits to those sites by visiting them.
So we can take small steps to make it right by uphold ones that are trying to decrease domination of those Sites in this platform (bitcointalk)
newbie
Activity: 112
Merit: 0
October 22, 2019, 04:49:02 AM
Because most of them are not properly organized and the those in charge turn to give wrong report to mislead investors.
They inturn quote wrong figures for Amounts of taken sold after ICO or IEO

there are many reasons
it might be one of those reasons
member
Activity: 216
Merit: 10
Live, Hope, Win
October 21, 2019, 06:11:06 PM
Because most of them are not properly organized and the those in charge turn to give wrong report to mislead investors.
They inturn quote wrong figures for Amounts of taken sold after ICO or IEO
full member
Activity: 1120
Merit: 200
Turkish Translator
October 21, 2019, 05:40:41 PM
I am never afraid of new projects because even %90 of them are really terrible, there are always amazing works in that %10 part.

I try to learn about them all and decide about investment after that. Team is crucial, experience is a must. So we need to make a good research.
sr. member
Activity: 661
Merit: 251
October 21, 2019, 05:36:03 PM
It is because almost 90% of new projects turn of to be scam and even if they are legit, the chances of surviving in currenct bear market is too low which makes the investor think twice because they are afraid to lose more money due to their past experience. They don't want to invest on a new project because they knew that it will take long to generate profit so instead they just buy top coins in the market,

Not just scams but pure copyrighted works of original platforms which existed two years ago. Nothing unique to offer anymore. They only speak big grammers to make it look appealing to investors but unfortunately, investors are now wiser. It used to be Blockchain 2.0, Blockchain 3.0, Quantum Leap Tech and so many other terminologies that have lost taste
legendary
Activity: 2282
Merit: 1041
October 21, 2019, 04:33:59 PM
Once bitten, twice shy.
It would be very hard to find a cryptocurrency enthusiast that does not have a negative cryptocurrency story, so most people tend to shy away from new projects because of their experience in the past.

Because it happen so many times in the past, one can not tolerate any more if it happens again to them that losing a USD is too much. I can still support a good project actually but I guess if its now doing IEO in big exchanges and I can see its sold out. There are many who scam still even after that.

This year alone looks a lot like all of them are scam. One token looks very promising but its only listed in one exchange and paired to KRW ONLY, how is that being fair?
full member
Activity: 756
Merit: 231
October 21, 2019, 04:28:41 PM
Tactically speaking am not afraid to invest into any project if I see more potential in the project. Many choose how to verify if the project team ate serious or not, but me particularly love to see team members updating their social medias with the current happening on the project. Any project with a functional social media is the best project to be consider for investment purpose and not the other way round. Am not afraid of new project but always scrutinize projects before venturing into it.
sr. member
Activity: 567
Merit: 270
October 21, 2019, 04:18:56 PM
Once bitten, twice shy.
It would be very hard to find a cryptocurrency enthusiast that does not have a negative cryptocurrency story, so most people tend to shy away from new projects because of their experience in the past.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
October 21, 2019, 04:11:59 PM
Why do you think that everyone is afraid that some of the new projects
some people without doing any research,    They despise a project, which makes other people agree.
is this lack of literacy in the study makes them fail ?
Does this lack of information bring down a project, that MAY have a bright future ?
Except Binance exchange and others good exchange, new projects still has high probability to scam. Even there is no guarantee that IEO is success by shit exchange. By few thousands USD devs start trading then price is down to zero. Any year Few projects is listing coinmarketcap.

this happened because the history of several projects could not last a year of development, and only a few of them have continued to grow to the present. sometimes we have to see its development but investors need fast profits too. so good projects are hard to find, which gives confidence that they will truly develop in the future
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