Topic: Dumb plan? - page 4. (Read 737 times)
If you invest in new projects, then only in short positions.Devote more time and money to proven assets from the top 5, today many new projects have not survived the general decline in the market and it will only get worse, users want to save their funds with maximum benefit.
It's true that most of the altcoins will die in 3-4 years and some would die even within an year because new projects solving the same problem more effectively emerge and the old technology is not competent enough.
Another reason why most project dies in a few years is because the owners lose interest in the project once the ICO is done and they will just do the basic requirements promised within the WP and then move on to another project and raise more money. This entire altcoins market has become rogue and it's about time investors will realize that it's not worth gambling with these new tokens.
That death will not be good for the market neither, that’s the sad part. There are a lot of people who end up investing in those coins that will die within 3-4 years, and they will be losing a ton of money when it’s going down. That drops the market as well, and the general crypto marketcap drops because of that.Another reason why most project dies in a few years is because the owners lose interest in the project once the ICO is done and they will just do the basic requirements promised within the WP and then move on to another project and raise more money. This entire altcoins market has become rogue and it's about time investors will realize that it's not worth gambling with these new tokens.
Look at Luna alone, it crashed and even though it was just a thing that should have impacted Luna alone, it didn't impact just Luna and it impacted the whole crypto market. Imagine this but with dozens of coins and tokens, that does impact crypto of course, since it doesn't happen overnight like that, it is not obvious, but it still hurts.
It's not a bad idea but it includes a high-risk kind of investment. Now, if you are of that kind of investors who are brave enough to take the risk then do so.
No one can say you are throwing your money doing it because there are chances it would be one of the top 20 just like your example.
Years ago, I bought LSK (Lisk) at high amounts because it was only valued in cents of a dollar then it spiked to $30 joining one of the top spot in the altcoin market but unluckily, I sold them earlier and didn't maximize the profit.
Investing in new coins is part luck and part courage. It's all up to you.
No one can say you are throwing your money doing it because there are chances it would be one of the top 20 just like your example.
Years ago, I bought LSK (Lisk) at high amounts because it was only valued in cents of a dollar then it spiked to $30 joining one of the top spot in the altcoin market but unluckily, I sold them earlier and didn't maximize the profit.
Investing in new coins is part luck and part courage. It's all up to you.
Basically, we don't know what will happen in the future. whatever choice we have made is the best that can be done at this time. if you don't do anything there is no way something will produce, life is full of stakes depending on how we take advantage of the opportunities that exist.
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?
It's true that most of the altcoins will die in 3-4 years and some would die even within an year because new projects solving the same problem more effectively emerge and the old technology is not competent enough.Another reason why most project dies in a few years is because the owners lose interest in the project once the ICO is done and they will just do the basic requirements promised within the WP and then move on to another project and raise more money. This entire altcoins market has become rogue and it's about time investors will realize that it's not worth gambling with these new tokens.
To choose a new project in investing is certainly very confusing, because currently there are very many new projects present but they often just disappear and their value drops drastically, currently very many investors are stuck in new coins and they have experienced heavy losses due to the unfavorable market situation, 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.
I actually think it is a good idea because investing in new projects looks more like to create big profits than we have to invest in old or old coins but the movement is very slow because they are too advanced and usually they are already at their highest price while projects new is still really at the lowest price which is the starting point of the price.
Relatively looking only those projects that was over hypes that is down currently and there is no statistics about what you said what I only found out towards the market is that investor's looking towards project that will gives them 10x or more of their invest. Maybe just waiting for a popular coin or token to jump into to make their funds back and when it knocks back on them regrets follows immediately. I will suggest you choose carefully when selecting coins.
.... 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 entirely bad but don't be too bold in exposing yourself to the highest risk type of investments. Many of these new projects that will only come around the next halving are just riding the hype of a bullrun. They will be forgotten too.It's still up to you if you want to gamble in them. My only suggestion is not to put your life savings to these tokens.
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 have to ask yourself, short or long term?
Because the way you saw it, seems that the good strategy is too invest on short term on the top 10-20 coins and then get out when you have profited already.
So it's not a dumb plan, it's just that you should learn from what you seen and take advantage of that kind of situation. And if you succeeded then just rinse and repeat till the next bull and bear season.
Investing in new projects is a highly profitable investment if the project is selected for investment correctly. If you are not able to conduct a reserch yourself, such an investment can lead to a loss of money. The profit received as a result of investing also depends on at what stage of the pre-sale you bought coins.
That's why selecting a new project needs extra hard work. You need to be sure that the project you are going to invest in could last longer than expected, has good fundamentals, they have good plans in the future that even though you only see and read it in their paper you can see that they can actually know the way to do it. They need to raise fund for it so they can fund their future plans and we can know that they are having marketing plans that will surely help the token economy.
Still bad plan on this month after bitcoin down and not reach higher price, I think waiting for next month keep dump plan or back pump plan with bitcoin and altcoin up to higher price. What ever investment kind with new project or old keep the same result and always got bad planning and price dump. Maybe better have to be watcher and waiting about bitcoin or new project for investing until market back to top price and get good moment with bitcoin and altcoin.
We are already ending the month of May, it has been a terrible month. Let's wait for what June would do. However the bad plan is the fact that we are going to end up with brand new projects that we hope will be top 10 when these ones go down, but what if we end up with something not even in top 1000? How could you know that which coins will be the new top 20 coins and which ones will be the next top 1000+ ones?We have no idea about that. If you want to invest, invest to the ones you know that will stay, things like bitcoin and eth and bnb and ltc these are all good and long standing ones that will not go away forever, they will always be there.
...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?
Investing in new projects is a highly profitable investment if the project is selected for investment correctly. If you are not able to conduct a reserch yourself, such an investment can lead to a loss of money. The profit received as a result of investing also depends on at what stage of the pre-sale you bought coins.
History might never repeat itself but I am 100% confused that whales always target BTC halving season, they have this mindset of crashing the market after BTC hit a new ATH, even if history doesn't repeat same chart movements I am sure that it will still be way down all along unless BTC halving is around the corner.
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?
As an investor you need to pick projects based on how long you are going to hold the project and also what is you expectations about the returns. As you said the altcoins are losing its value for every cycle because new projects comes and replace but the next will do the same to previous but why everyone forgot about the Bitcoin its in the top all the time so for people who wa8less risk can choose it for most of their capital and take the chances with the project you beleive for the future. 
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?
There will always be new innovation in this market and many investors would love to try that idea, so investing on a new project is not bad at all you just need to choose good projects. Those who are on top 20 in the past years can't stay on that position especially if they failed to have good updates and become more stagnant. This is a growing market, and I believe the blockchain technology can still offer more services, developers will surely find a new trend and could be a big one this time. This is not a dumb project, though its risky but at least once you got lucky on that project, there's a higher chance for a higher return.
How will you know they will part of the top 20 in the next few years? That's like finding a needle in the haystack.
So, I am suggesting to stay with those who kept their ranks even in dump and pump sessions. Bitcoin and Ethereum for example. Those two are a must buy items that will keep in appreciating their value over time.
If you go beyond that, you are taking a higher risk because you don't know if they will stay in the top or they will be gone in a the few years to come.
So, I am suggesting to stay with those who kept their ranks even in dump and pump sessions. Bitcoin and Ethereum for example. Those two are a must buy items that will keep in appreciating their value over time.
If you go beyond that, you are taking a higher risk because you don't know if they will stay in the top or they will be gone in a the few years to come.
I agree with many in this topic, new tokens always have more potential than the old ones.On new tokens, it is important to immediately fix your profit and not wait for a flight to the moon.But be careful now the market is very unstable and new projects can end their history very quickly.
Still bad plan on this month after bitcoin down and not reach higher price, I think waiting for next month keep dump plan or back pump plan with bitcoin and altcoin up to higher price. What ever investment kind with new project or old keep the same result and always got bad planning and price dump. Maybe better have to be watcher and waiting about bitcoin or new project for investing until market back to top price and get good moment with bitcoin and altcoin.
I'm not thinking about investing in a new project at a time of bear market like this. My choice may only be bitcoin which can be the right choice, as for altcoins only a few that I would dare to invest in, such as ETH and BNB for example. Investing in a new project in the current situation is too risky in my opinion, so I will reconsider a few times if I look at some altcoins.
Indeed, we are very hesitant to invest in current projects for fear that in the end the project will be a scam.
It's better if we invest in Bitcoin or Ethereum, which have strong fundamentals and the lives of the two coins have also been around for a long time, even though the current price is very unpleasant we can still trust both of them.
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