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Topic: Is it advisable for a beginner to invest in a newly launch project? - page 2. (Read 817 times)

hero member
Activity: 952
Merit: 541
What kind of beginner do you mean, if a beginner is just getting close to crypto assets, it is not recommended to invest in newly launched projects or coins that have been launched but whose fundamentals are very weak in the market. Newly launched projects are still gray in nature, the level of complexity and risk is very high. Investors who have been familiar with crypto assets for a long time can become victims of newly launched projects, especially beginners who still have very limited knowledge about crypto assets. If beginners want to make their first investment in crypto assets, Bitcoin is the best place for them.
legendary
Activity: 2268
Merit: 1655
To the Moon
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.

Of course, anyone who cannot conduct their own research on the project should stay away and not try to play roulette, hoping that they will be lucky this time. But in any case, a beginner has even less knowledge, and accordingly there will be a higher risk when investing in a new coin.
sr. member
Activity: 966
Merit: 306
If beginners still don't know how crypto works, then how could they invest in a brand new crypto project? Unless they are influenced by someone, beginners won't invest anyway. For me, I advise always to avoid brand new projects for investment; don't look for quick-rich methods. So beginners definitely should not; they should learn first to invest in Bitcoin and slowly start trading with small funds
Newbies are easily to be attracted to new projects, new trends in the market and they commonly want to get rich quick that is unrealistic and unachievable practically.

From hope of get rich quick, they will end with get rekt quick with rug pulls, scam projects and even there is no scam exit, they can lose money to new projects with high inflation in tokenomics and bad products to create value of a token.

I agree with you that Bitcoin is a best way to invest money for newbies in cryptocurrency market. They only need to learn to use non custodial wallet to store their bitcoins. Hold it in their own wallets and wait for time to bring profit.

Reminder: do not keep your money in online accounts
How to back up a seed phrase
legendary
Activity: 1890
Merit: 1537
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
Safe investment decisions are often found in the old projects in the market. However, analysts and YouTubers often entice beginner investors to participate in these new projects, and these promoters may be part of the project teams. I agree that airdrops and giveaways these new projects offer to early participants or their communities can be smart promotional tactics to lure potential investors and push them to invest. Of course, not all new projects are scams, but the largest percentage of scams, from my point of view, is seen in meme coins projects that you do not know anything about.

Therefore, it's not easy for novice investors to make the right choices regarding promising new projects. This is due to their lack of sufficient experience and the increasing number of new projects, making it challenging for them to select the right ones, because the numbers are not limited to a specific number of projects, and also conducting research requires focusing on reviewing many of the basic and important points of the project and the currency and the weak points that could be as clear indications for them to stay away. So whoever cannot carry out his research with great skill should not invest his capital in projects he has not studied well.
hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
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.
Anyone can invest in newly launched project but one thing we need to understand is that taking the risk right for us in the crypto market would help us to keep making money. Sometimes greed could make us to invest more than we can are able to lose in the market. Some investors could go able their normalized fund to be invested in a particular project but because they made huge money from the previous ones, they might be tricked to invest thinking everything will end the same way. One need to calculate and strategize before we decide to invest in any crypto project so to avoid drama or loses.
legendary
Activity: 2408
Merit: 2226
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If beginners still don't know how crypto works, then how could they invest in a brand new crypto project? Unless they are influenced by someone, beginners won't invest anyway. For me, I advise always to avoid brand new projects for investment; don't look for quick-rich methods. So beginners definitely should not; they should learn first to invest in Bitcoin and slowly start trading with small funds. So day by day, they can improve themselves and develop their skills. Once upon a time, they could decide for themselves what to do now. Investing in a brand new project is like gambling. But in most cases, you have to lose. 
hero member
Activity: 2926
Merit: 657
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.
full member
Activity: 560
Merit: 100
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: 330
Merit: 110
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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.
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: 3374
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Playbet.io - Crypto Casino and Sportsbook
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
Activity: 210
Merit: 36
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: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
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: 3024
Merit: 745
Top Crypto Casino
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: 770
Merit: 445
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: 3024
Merit: 745
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: 1190
Merit: 802
Leading Crypto Sports Betting & Casino Platform
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: 1554
Merit: 1139

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
Activity: 322
Merit: 70
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.
member
Activity: 158
Merit: 21
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
Activity: 2268
Merit: 1655
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.
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