..now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
Because none can guarantee that new projects will really pay you, will survive during the bearish era, will be legit projects not as a scam, and new projects are high risks in all aspects. If you don't mind the high risk, so just go on. But, if you lost your money because of new projects, never blame crypto space. Everything needs analysis, moreover a new project. We don't know whether they will enter the top ranks or not moreover when they are not listed yet in top exchanges moreover having a low market cap. We are here investing for a certain period, short term and long term, and most will take fewer risks in order to prepare for even long term period. A new project may not be able to survive during this bear market. Although top coins also don't guarantee that they will be sucesful, atelast they are tradable in top exchanges and have high marekt caps, and pssibility of being dead coins may beless than the new projects 
Topic: Dumb plan? - page 3. (Read 711 times)
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too,
Might be able to see some changes in the ranked but those on the top listed will possibly remain in their position. 2024/2025, that was too far to make assumptions. let us just see what really gonna happen at the time as it was hard to make predictions ( which are often wrong).
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now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
It was not a bad idea unless you know that was legit and had market potential. However, you can't expect this will stay longer as most of them have lived shortly. -may riding the hypes is practical but you need to be smart, you can't hold them longer.
No one knows what exactly will happen in the top 20 of the crypto market in 2 to 3 years from now, but, I am sure that those with a strong foundation, dedicated dev, innovative marketing plan, and solid community will remain. There is possibly a new project to emerge on the top 20 and possibly some will cease to exist, after all the crypto market is like a jungle where the survival of the fittest exists.
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too
No one knows what exactly will happen in the top 20 of the crypto market in 2 to 3 years from now, but, I am sure that those with a strong foundation, dedicated dev, innovative marketing plan, and solid community will remain. There is possibly a new project to emerge on the top 20 and possibly some will cease to exist, after all the crypto market is like a jungle where the survival of the fittest exists.
, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
I don't think that it is a bad idea to take an interest in a new project. Just make sure that you do your research before investing in it. After all, it is in the new and emerging good projects where the most profit can be found.
the IEO trend has finally subsided, that's like the thing that could get you earning massive profit from most of the newest projects. right now, most of new projects are just having massive price fall right after hitting most of the exchanges, mainly because there are lack in innovation as well as most of them didn't live up to their promises.
The best course of action right now is just sticking with the higher ranked altcoins like BNB, ETH and the likes, because most of the newest altcoins just hardly flourish in the bearish market, you should instead just wait and see for the upcoming bullish that could somehow drive the glory of altcoins again although that isn't for certain.
The best course of action right now is just sticking with the higher ranked altcoins like BNB, ETH and the likes, because most of the newest altcoins just hardly flourish in the bearish market, you should instead just wait and see for the upcoming bullish that could somehow drive the glory of altcoins again although that isn't for certain.
why so many top 20 coins fell, it was because they couldn't survive the rigors of competition. their ideas are inferior to the projects under them.
And it's because that many of them fail to deliver what they've managed to tell to every investor that has listened to them. They go down in ranking due also to the market cap that decreases and that's because of the investors that have shifted and dumped them for another one.Two cryptos that won't be down for sure IMHO and that's bitcoin and ethereum. These two shall be the top amongst them all and they'll stay there for good. And also the projects on the lowest ranks would be up if investors have found something interesting but, the sad thing these days is that they're focusing on hype instead of utility.
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains,
This is true. I've seen coins like EOS, Bitcoin Cash, IOTA, NEM and XEM at the top 20 at 2017-2018 but right now they are either in the top 50 or top 100.now it seems this is what's going to happen in 2024-2025 too
I think it will really happen. We've seen many new coins at the top already like DOT, SOL, Terra (back when the scam didn't happen) and some coins went down. I believe that new coins will emerge out of nowhere. New projects will come, and they might reach the top 10. It's possible, since we've seen it already.
now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
I don't see investing in a new project as a bad idea. What other is saying is that, investing into new project has a higher risk of failing compare to those old projects with high market cap already. A new project means it lacks community and supporters. You can still invest into new projects and there is nothing wrong with it. Just be ready if something bad happens like that "new project" that you invested your money with turned out to be a scam or rug pull.
Actually you have made an answer to the question you asked, because why investing in new projects looks so bad for us to invest in, because most new projects are only able to reach the development stage, but not based on price utility, community and coin resilience in corrected market conditions, project The new one is also not strong enough to withstand the chaos that was born in the market, so the return to the new kokn died in the middle of the road
Many new projects do not consistently develop the mainnet roadmap because actually they are not able to realize the concept from the whitepaper, they actually only attract investment from investors for the sake of creating extraordinary concepts but after listing they secretly sell coins to steal the liquidity from the presale. 
If you are in the market for a new risk-free opportunity, there may not be a better time than now. Today there are many people in the market who invest in coins for short-term profit, and people who sell their coins when the price is high. Therefore, it is not surprising to see that well-placed altcoins on Coinmarketcap have lost a lot of value in recent times and If you already have an overview of starting a startup, you will be able to make a more informed decision about your future endeavors.
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
I will prefer to be very careful with new projects, some are just scam and some will become failed projects. The coins that were in the top list in marketcap in 2017, coins like BCH, BSV, Litecoin do not have real use case, they are only copying bitcoin, but bitcoin is different and better. So coins that have blockchain and have tokens, DeFi and NFTs came and overtook them. Everything is changing but I think this may still be the coins that people will still buy more if they are following the recent trends occuring in cryptocurrencies. There is nothing bad to invest in new projects but we should be careful, we should also know that we can lose the money. Investigating the project is very important. 
now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
It's not a bad idea, this is a better idea rather than investing into the big cap project. i meant take a look at how many people made thousands percents of ROI. this is quite different when you are seeing those who have invested at the big cap token. Basically there was no difference. If you are looking into the risk and big or low cap have same risk.
Just remind you that those invested in bitcoin when it was reaching the peak price already lost more than 50% from their investment. This proves that if even big cap token can make you lose.
So that's why investing in a new project is such a bad idea because we don't know what will happen in that new project.
After the IDO hype has ended there is very little chance of profiting from investing in new projects, I have reviewed NFT and Game projects with popular partners so it was easy for the project to get fundraising from investors, but when tokens are released on exchanges it is very disappointing because of the price fell below the selling price of IDO. 
but you also have to know if we can find new projects that have potential then the profits we get are very large, and there are some investors who are already feeling this.
Many investors invest in potential new projects but the market must be in a relatively stable position, because market influences have an impact on the movement patterns of new altcoins, so they must ensure that the project belongs to the potential category, one of which is from the side of partner support from large projects such as Binance, so there are big opportunities for projects will only reap huge profits when binance announces the coin trading listing of the new project. 
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
The coin's position in 2017 has changed this year because many new projects offer many benefits to its users. If you want to invest in a new project, you should know that the new project does not necessarily have good progress for the future and maybe the project can only run for the short term. So that's why investing in a new project is such a bad idea because we don't know what will happen in that new project. 
why investing in a new project over a long period of time is a bad idea, all I can explain is because it is a new project.
this new project is more to create a sensation in their 1-year early development. After everyone is bored, they will gradually leave the project. and will just be a worthless trash token.not many serious new projects with long term development. many reasons they put forward, ranging from hacking and also failed to update. Avoid new projects in investment even if they look good at first.
when the market trend is in a long downturn, we can start buying potential assets gradually. only focus on some of the top market assets. don't think too much about the big profits of the new asset. because we won't know how long it will take the market to recover.
why so many top 20 coins fell, it was because they couldn't survive the rigors of competition. their ideas are inferior to the projects under them. What we need to understand, the crypto world is a business world, where when you don't develop new things, or don't adapt, you will be defeated. that's why so many good projects fall.
why investing in a new project over a long period of time is a bad idea, all I can explain is because it is a new project. We don't know how this project will develop in the future. because of this, we need to be careful. only a few of the new projects are really worth it. this makes us need to pay attention to how the project progresses gradually.
why investing in a new project over a long period of time is a bad idea, all I can explain is because it is a new project. We don't know how this project will develop in the future. because of this, we need to be careful. only a few of the new projects are really worth it. this makes us need to pay attention to how the project progresses gradually.
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
For me, this will take as a lesson for everyone, especially for those new people that starting to explore cryptocurrency and doing some investments.There is already lof of projects that have been proven over time, most of them are just good in the beginning, pure hype and they just want to steal money from the people.
I am not telling all altcoins but just be careful, avoid marrying your altcoins, and learn to take profits too.
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
This is what is meant by who is strong and qualified, he will survive. The bearish market is not for coins that rise due to hype, the bearish market is not for shitcoins either. The bearish market will test whether the coins are worth it in the market or not. What's more, after the bear market ends, will the coin be able to surpass its previous ATH or not? Because not all top coins can exceed the previous ATH. However, at least, if they still have high volume and market cap and prices are not too far off, this is better. But still, it is not satisfactory because every investor's hope is to find a new ATH in every bullish era.But unfortunately, we don't know which coins will survive well, gain multiple times, or vice versa.
Yeah, it's clean up time for this bearish trend because not all of the coins specially meme coins are going to survived and remain relevant in a bear market. Because during this time, no money is going to come in from investors and they are very careful in choosing which crypto they are going to invest. So if the coin is listed way below and even prior to the bear market has no activity like trading volume is low, they are most likely the candidate to die in a bear market.
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
This is what is meant by who is strong and qualified, he will survive. The bearish market is not for coins that rise due to hype, the bearish market is not for shitcoins either. The bearish market will test whether the coins are worth it in the market or not. What's more, after the bear market ends, will the coin be able to surpass its previous ATH or not? Because not all top coins can exceed the previous ATH. However, at least, if they still have high volume and market cap and prices are not too far off, this is better. But still, it is not satisfactory because every investor's hope is to find a new ATH in every bullish era.But unfortunately, we don't know which coins will survive well, gain multiple times, or vice versa.
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
You are not wrong when you say the majority of the altcoins in the top 20 get replaced every four years and only a very low number remain to be part of the next bull market, however it is still a bad idea to invest in new altcoins, but why? Because even if lets say 15 new coins eventually make it to the top 20, thousands of coins will be released during that time, which means that your chances of actually picking the right coin are very low and it is way more likely you will lose your money. Jump to: