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Topic: Do you invest in new projects? (Read 431 times)

full member
Activity: 1092
Merit: 106
January 19, 2022, 03:25:48 PM
#54
In my opinion, you need a lot of observation or research that you have to do, because every new project, sometimes very profitable, is extraordinary, but also vulnerable to the risk of losing our money, bro, so it's not enough just to look at the contents of the whitepaper they embed, but we  also need to see how it develops on the website and also the telegram they use, and how big their community is, so that the project will really be a success in the future.
I just want to correct this a little bit because I don't think all new projects are profitable or even more in the opposite direction.
the comparison is huge when it comes to comparing good projects to lots of bad projects in a day.
even though not all the projects that are made every day are bad but most of them are like that and that is a fact
hero member
Activity: 1344
Merit: 738
January 18, 2022, 05:00:28 AM
#53
hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
Whitepaper: https://octafarm.fi/whitepaper.pdf
Website: https://octafarm.fi/
Actually it's not a matter of new or old projects that is of particular concern at this time, when we start investing anywhere, then the main thing we see is development, Team and concepts, many old projects also don't give maximum results or vice versa with new projects, Honestly I Haven't checked the new project you mentioned, but I think if the project is good according to analysis, then do some consideration and see the concept of project development, whether they have opportunities in the future or just speculation and hype they are doing, because it's important for us to know.
sr. member
Activity: 2030
Merit: 269
January 18, 2022, 04:57:33 AM
#52
hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
Whitepaper: https://octafarm.fi/whitepaper.pdf
Website: https://octafarm.fi/

Amazing and unique you say, but I don't see any of it in this project, first, this is very similar to the projects that did rug pull on many investors and the 7000% annual percentage yield is being highlighted to attract investors when it's the platform that is very important for any project, I don't mean to discourage you to invest but only invest what you can afford to lose and you seem not 100% sure on this one so don't pour everything.
sr. member
Activity: 1876
Merit: 318
January 18, 2022, 04:39:02 AM
#51
I think this project is also promising. but it's all up to you personally. if you think this is the right time to start, I hope you are not wrong to invest in this project..
This should always based on your own research so you decide if you’re going to buy or not. Investing on new projects are fine, as long as its a legit project and you see their potential, just don’t invest big since you still don’t know if those projects are worth it or not. Personally, I don’t invest on new project during bear market, I’m too focus on top coins.

Please feel free if dare to take the risk of investing in new projects, which in my opinion are very high risk. Indeed, there is a possibility that if we are
lucky by choosing good new projects, the profit generated will be very large. But there is no guarantee that new projects will definitely succeed
in pumping high, there are also many new projects that end up being shitcoins. It is necessary to do research and analysis correctly, so that
we do not make the wrong decisions. I am like you, choosing to focus on investing in top coins, which are indeed much less risky and also safer
for investment. Because top coins are more predictable, and top coins have a very high demand, so the price recovers faster if it declines.
full member
Activity: 882
Merit: 110
January 18, 2022, 04:17:04 AM
#50
Right now i don’t want to focus on new projects because of my last few projects couldn’t meet with my exception even though those coin price now traded below down in pre sale price. 
Instead of being busy looking for something new, why don't we just look at the old and promising projects.
I think it will be much better than busy looking for new projects that don't necessarily get good ones. On the other hand, looking for new projects also takes quite a long time considering that every day and even every hour there will always be a new project that can't be held back.
People couldnt really just resist on not to look into something new since the earlier the better you could really potentially make out profits which you couldnt able to obtain
when you are dealing with older projects and thats a fact.Even myself dont really consider out those solid old projects/coins out there but finding out some gem
even though its hard but if you do able to hit the right spot then it would really be worth off but you should always consider on playing safe at least
no matter what the cost and this is where people do really differs out.

on the other hand it sure would be great to be in early adoption on a new project but to find a project that really has potential is not as easy as one might think.
being on a project that has been around for a long time is more secure than looking for something uncertain.
I will agree with you to say something in a safe manner in this case
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
January 18, 2022, 12:30:23 AM
#49
hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
If investing is not worth right now and im sure that anyone will not try to get into the private sale or IDO, IEO and many more. If you are digging a big into the reality in the market and you will be seeing that if this time people are looking for the new project caused by they can get very big ROI. that's why they are investing into the new project caused by they wanna get a chance to be a lucky person that invested into the project with tens or hundreds of times ROI.


i wanna invest in octafarm.fi
It shows that possible up to 7000% ROI and what a big joke, even the creator if this project already projected how many TVL that will be achieved by its platform.

and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
So many complaints on its telegroup and this project didn't even generate good ROI. How can you call that this project is amazing?
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
January 17, 2022, 07:45:20 PM
#48
hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
Honestly, it is difficult to decide whether the new projects are worthy or not because it needs deep analysis and research on the project itself. Not only about the promise from the team about the future of the project, but also analysing their team, use case, clear and convincing roadmap, exchanges to list, mechanism, and other factors.
Personally, I will only invest in new projects that do launchpads in the reputable and top exchanges. I have several times invested in project launchpad in Binance, but I am not the person who is holding the coins for the long term. I will take profits as soon as possible if this has reached the target or has reached a certain price increase.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional
I ma not sure whether this new project is really convincing or not, scam or not.
The only one that may be interesting is their feature of BuyBack service. This coin will be also listed on PancakeSwap as other new projects are also commonly listed firstly there.
Well, if you are a high-risk taker that is ready for the risk of losing money, just do it. But if you have some worries, just leave it, and better to invest in top coins or coins with a high cap. Once more, only invest the amount that you can afford to lose.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
January 17, 2022, 07:36:03 PM
#47
hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
Investing in the new project is always worth as long as you can pick up the best one. Scam projects are only coming for people who didn't wanna did a research for that and they are randomly investing in any project without knowing about the background of the project. This makes them got scammed by scammers. They didn't know if that was running by scammer and scammer unning away with their money. If you're feeling afraid with it and then you must go to the legit project. You can go to the icodrop to get a better project rather than your octafarm. It sounds like another trap by scammer.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
Whitepaper: https://octafarm.fi/whitepaper.pdf
Website: https://octafarm.fi/
This looks like a scam project.
legendary
Activity: 3094
Merit: 1127
January 17, 2022, 07:29:51 PM
#46
Right now i don’t want to focus on new projects because of my last few projects couldn’t meet with my exception even though those coin price now traded below down in pre sale price. 
Instead of being busy looking for something new, why don't we just look at the old and promising projects.
I think it will be much better than busy looking for new projects that don't necessarily get good ones. On the other hand, looking for new projects also takes quite a long time considering that every day and even every hour there will always be a new project that can't be held back.
People couldnt really just resist on not to look into something new since the earlier the better you could really potentially make out profits which you couldnt able to obtain
when you are dealing with older projects and thats a fact.Even myself dont really consider out those solid old projects/coins out there but finding out some gem
even though its hard but if you do able to hit the right spot then it would really be worth off but you should always consider on playing safe at least
no matter what the cost and this is where people do really differs out.
full member
Activity: 882
Merit: 110
January 17, 2022, 06:35:28 PM
#45
Right now i don’t want to focus on new projects because of my last few projects couldn’t meet with my exception even though those coin price now traded below down in pre sale price. 
Instead of being busy looking for something new, why don't we just look at the old and promising projects.
I think it will be much better than busy looking for new projects that don't necessarily get good ones. On the other hand, looking for new projects also takes quite a long time considering that every day and even every hour there will always be a new project that can't be held back.
full member
Activity: 2128
Merit: 180
January 17, 2022, 05:46:52 PM
#44
I think this project is also promising. but it's all up to you personally. if you think this is the right time to start, I hope you are not wrong to invest in this project..
This should always based on your own research so you decide if you’re going to buy or not. Investing on new projects are fine, as long as its a legit project and you see their potential, just don’t invest big since you still don’t know if those projects are worth it or not. Personally, I don’t invest on new project during bear market, I’m too focus on top coins.
hero member
Activity: 2856
Merit: 667
January 17, 2022, 05:11:12 PM
#43
I'm thinking about investing in metapsyche Token. It's brand new and IDO is available to purchase on their website. They'll be having a presale on Pinksale after their IDO is done then they plan on launching on pancakeswap after that. I'm not 100% about it but the project itself seems pretty amazing.
If you find it more legit and will come out more successful based on what have you researched, then you are very free to put your luck in it and invest even in just a minimal amount. What matters is that you never invest on an amount you can never afford to lose.

However, if you are still in doubt, then stick with those old yet promising projects. Established projects are most likely to end up successful than to put your trust on new projects and end up making you scammed.
newbie
Activity: 12
Merit: 0
January 17, 2022, 03:27:00 PM
#42
I'm thinking about investing in metapsyche Token. It's brand new and IDO is available to purchase on their website. They'll be having a presale on Pinksale after their IDO is done then they plan on launching on pancakeswap after that. I'm not 100% about it but the project itself seems pretty amazing.
legendary
Activity: 2338
Merit: 1124
January 17, 2022, 03:16:20 PM
#41
Investing in a new project is still worth it, in fact, I have a second set of portfolios exclusively for new coins, mostly play to earn coins, and blockchain-based projects, as long as you dig deep in the project and you will not feel depressed on the outcome of the project, I don't see any wrong investing in a new coin, it's great to be one of the early bird of one good project where you can make 1000% return after a few months or year of holding, just like what happens to Solana early birds.
I do not agree with you on this one. I mean if you are investing only a small portion that you do not care about then it could be true but if you are investing a big amount then it is not a smart move at all. I get that you may think what you buy will end up like Solana but the reality is that for every 1000 coins that come out, there is just one solana. Which is why most of the investments you do into new projects needs to be very careful.

I am not saying that you can't, but the odds are very low and you need to research and find those good ones very carefully, otherwise you are going to end up losing a lot of money. I have seen a lot of people losing a total of millions of dollars in new coins, so it is not really something I am unaware of, it is a topic I am very well aware and seen with my own eyes so new projects are very risky and it is obvious.
newbie
Activity: 420
Merit: 0
January 17, 2022, 02:55:23 PM
#40
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full member
Activity: 1092
Merit: 106
January 17, 2022, 01:08:44 PM
#39
Without the presence of new projects then I believe cryptocurrencies are dead, new projects provide innovative ideas and trends that benefit coins that have a strong market, investing in new projects is certainly very profitable but we have to be careful because many are scams.
I agree with what you said, maybe we didn't get to now when there really weren't that many new projects every day.
On the other hand, we also know that every project does not mean that the new project is shitcoin and contains all the hype, because there may be people who really want to make a good project, even though looking for a project like that is like looking for a needle in a haystack because there are so many waste projects. who really only wants to benefit the developer
hero member
Activity: 2156
Merit: 531
January 17, 2022, 12:59:11 PM
#38
for now I'm not making room for new projects on my list ,waiting for the return of the old altcoins to be more precise ! the project the OP is referring to is also not that unique or awezing ,to be honest i'm not interested in defi farming which so far has fallen behind the trend !
sr. member
Activity: 1498
Merit: 443
January 17, 2022, 12:23:25 PM
#37
Personally, I have, but for now, I'm not because I'm not really sure about that. Maybe if there is a project that I think is good and the prospects are also good I will try it again. It's not a matter of profit or not but investing in a new project has a big risk too so we really have to choose it correctly. I am more interested in investing in coins that are certain and reliable to avoid things that are not desirable. But it all depends on each individual if you can choose a project with good prospects then it will certainly be very profitable later.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
January 17, 2022, 11:08:59 AM
#36
sometimes new projects are good and some are scam I think, if you want to invest in new tokens, you should look for project details, more importantly if you are sure why ask other people, because other people's opinions will make you regret if you experience profit but you don't buy
loss when you buy but the coins you have zonk
and you have to remember that crypto transactions are mandatory DYOR

and currently I avoid investing in new projects, where market conditions are uncertain, and the goal is to reduce the minus of existing assets
sr. member
Activity: 2828
Merit: 344
win lambo...
January 17, 2022, 09:32:45 AM
#35
hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

Investing in a new project is still worth it, in fact, I have a second set of portfolios exclusively for new coins, mostly play to earn coins, and blockchain-based projects, as long as you dig deep in the project and you will not feel depressed on the outcome of the project, I don't see any wrong investing in a new coin, it's great to be one of the early bird of one good project where you can make 1000% return after a few months or year of holding, just like what happens to Solana early birds.
Wow, that is good for you mate. You'll be in success not by through luck, well, I guess not but it was because you've made the right choice of picking up legit projects over these thousand of new (fake) projects.

This can't be deniable since many people had made their way good to investing new projects and perhaps, I have made that also but, of course, it doesn't work always, sometimes we've got tricked. I've suffered some losses but still not the reason for not investing again, there are some new projects that are worth trusting.
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