One of the things that makes beginners fall so easily to newly launched is projects is due to over anxiety and being too inquisitive to get quick wealth. We know that sometimes there are projects that are launched and at the launch o the project the early investors benefits and tries to persuade others to join just like what you said and when a lot of people invest in these projects you see that the price will begin to crash and before you know it a lot of people must have lost their money. Investing in newly launched projects is almost same as ponzi scheme that they will impress the first people that joined then when a lot of people invest in the ponzi scheme the system crashes and people lose a lot of money.
However a beginner is inexperienced of a project that is not scam so it is their duty to learn, ask questions and make sure they are equipped with necessary knowledge to guide them through while they are investing on those projects.
Topic: Is it advisable for a beginner to invest in a newly launch project? - page 3. (Read 544 times)
April 29, 2024, 01:35:51 PM
April 29, 2024, 12:46:25 PM
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.
It doesn’t make any sense for a newbie to invest in new projects, if you are doing that, then you are just wasting money, because we all can see the numbers of projects entering the crypto space always, but I will tell you that it’s just few among those new projects are going to perform well in the market, and it’s always difficult to discover the one which is going to perform well. So always stay away from new projects, and it’s not applicable to newbie’s alone. 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.
Most beginners just want to make money and they don’t want to learn, they have the believe that crypto space is just a space where you can easily make money, so they don’t even care to do research about a coin, and some of them are always following groups that will give them signals, which at the end they will end up losing money. 
April 29, 2024, 12:20:36 PM
... first thing you should do is to make a deep research about the project before looking out to make investment...
It will be difficult for a beginner to conduct proper research on the project due to lack of knowledge and experience. Therefore, it is better to refrain from investing in new projects, giving preference to coins that have long proven themselves on the positive side of investors.
April 29, 2024, 09:50:27 AM
Is it advisable for a beginner to invest in a newly launch project?
The main purpose of the Bitcointalk Forum was formed to discuss Bitcoin, because Bitcoin was named crypto, so over time various types of crypto were born as they are today, with widespread public demand, So another Altcoin board was created as a place for discussion, but this board was used by the community as a place for Altcoin projects, not used as a place for discussion anymore.For beginners, you should think, this forum is not responsible in the case of Altcoin projects for fraudulent activities, aka no (in moderation), beginners must understand that investment actions have a high risk of loss, Of course, on that basis, they can think that whatever project they have, whether new or old, does not guarantee that they will be successful, of course the chance of fraud is greater than profit.
Thus, whoever is a beginner who comes here/forum, try to learn more first about crypto, especially Bitcoin and the things that need to be learned apart from projects, remember, never immediately believe in online projects, search for information carefully and thoroughly, to avoid fraud in the future, beginners who have Q on display are the ones who are successful and successful.
April 29, 2024, 09:14:21 AM
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.
Talking about this is not only applicable to new beginners but for everyone in crypto industry. By the way, research is not a guarantee that a project will be successful though it help to know how serious the project is but investing in it is purely risky. For beginners, even with their research they can still fall victim because they have no idea of what to look out for in a new project that make it looks genuine. Overall, investing in new projects is like gambling where your profit is not guaranteed but you take the risk to see how the outcome will be. Some projects portray themselves very legit with their whitepaper/roadmap and one will be convince after the research but in the long run, you regret investing in them. The bottom line should be invest moderately in any project you have double thought on and be prepared for whatever the outcome might be.
April 29, 2024, 08:43:07 AM
It's a terrible idea to lack knowledge about investing in altcoin and still choose to invest in altcoins, you will end up with scam projects and fake tokens, even those who are experts in altcoin investments still make mistakes till date, they sometimes end up with scam projects.
Altcoins is like walking into a casino for people who don't have any knowledge about how to be safe while picking up the good projects among the high numbers of bad ones.
Beginners should stay away from altcoins investment until they are capable to identity what a promising altcoin looks like. You can choose to be a stubborn as but I promise you will end up learning the hard way.
Altcoins is like walking into a casino for people who don't have any knowledge about how to be safe while picking up the good projects among the high numbers of bad ones.
Beginners should stay away from altcoins investment until they are capable to identity what a promising altcoin looks like. You can choose to be a stubborn as but I promise you will end up learning the hard way.
April 29, 2024, 08:36:55 AM
This is called Gambling. You are pretty much putting money into something you never actually know whether will succeed or not.
The amount of people purchasing a new Cryptocurrency to end up earning a LOT of money is so little you probably have better chances doubling your money at a local lottery. Even big Cryptocurrencies sometimes show red flags and end up scamming. You simply never know.
The amount of people purchasing a new Cryptocurrency to end up earning a LOT of money is so little you probably have better chances doubling your money at a local lottery. Even big Cryptocurrencies sometimes show red flags and end up scamming. You simply never know.
April 29, 2024, 07:40:22 AM
This is no Bitcoin
You can't even tell which is which, remember, you are still a beginner.
Altcoins are more complicated than anything else, this month you will see promising project with promising team members talking about what they are trying to build, give it few months later, they will not progress with the project anymore.
We are in a struggling phase in the market right now, if Bitcoin goes under its present value many altcoins will suffer even more, some won't even make it after a big dump from Bitcoin side.
It is not advisable for a beginner to go straight into altcoins investment, there is no rugpulls, scams and betrayer in Bitcoin investment thats why its the best recommendation for crypto beginners, you need a lot to learn first, how to find the altcoins that are worth risking your hard earned money on.
Also make sure that most of your funds go into Bitcoin and risk less on altcoins, they have the potential to make you more money than Bitcoin, but the risk of losing your money is also higher.
You can't even tell which is which, remember, you are still a beginner.
Altcoins are more complicated than anything else, this month you will see promising project with promising team members talking about what they are trying to build, give it few months later, they will not progress with the project anymore.
We are in a struggling phase in the market right now, if Bitcoin goes under its present value many altcoins will suffer even more, some won't even make it after a big dump from Bitcoin side.
It is not advisable for a beginner to go straight into altcoins investment, there is no rugpulls, scams and betrayer in Bitcoin investment thats why its the best recommendation for crypto beginners, you need a lot to learn first, how to find the altcoins that are worth risking your hard earned money on.
Also make sure that most of your funds go into Bitcoin and risk less on altcoins, they have the potential to make you more money than Bitcoin, but the risk of losing your money is also higher.
April 29, 2024, 07:34:09 AM
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...
Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
April 29, 2024, 07:29:48 AM
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.
As a beginner they should do all the research needed so that they can figure out something that its good to invest on that new project or they are just getting a hype then eventually after they request some withdrawal then they have been stuck on just request only. This is common on ponzi schemes site that's why its good to ask on right people which you can locate here since a lot of people can get an honest review from reputable people comparing if they go on the community of those scams since provably they will only get a pure lies since that scams have lots of hype men and they make sure that they can invite a lot of people so for them to get a profit.
That's really the main reason that research is important so that we can easily figure out what is scam to avoid and right investment to proceed. So to avoid commit the what we called newbies mistakes its better to find the right community that can truly help them and not seek for any opinion coming from single platform especially if they know that they are a supporter of that project since they can only receive a wrong information which cannot help them for long term.
April 29, 2024, 06:03:32 AM
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
Wait, is it about HYIPs and MLM scams?
Because the way you are describing it, it sounds like you are talking about projects such as HYIPs that promise to give you big returns on your investments and then don't pay back, or MLM scams where you keep inviting other people to the platform and you get rewarded when you referrals make investments, and at the end of the day, the company or the project runs away with the funds and those who enter last will lose their money.I thought you were about the discuss cryptocurrency projects and coins and tokens because a cryptocurrency project doesn't scam that way, they would simply sell their coins or tokens to investors, get their token listed in an exchange, create a lot of hype so that people start buying, and as soon as more people start buying, they dump their share of the tokens and run away.
April 29, 2024, 04:43:21 AM
OP, another obvious post. Besides all this, as has been said many times, how can a newbie conduct his research? Aren't you the one who writes that he is inexperienced? How will he do this? Everything is colorful in his eyes, and he is already practically rich, and very quickly. This is how newcomers perceive new “promising” projects. So, OP, to make your post useful, please tell us how a newbie can spot a scam. Considering that, some projects look very trusting, almost until the end of their epic of deception.
April 29, 2024, 04:23:14 AM
One of the worst things is to think that an increasing value means that the currency is a good or better investment in it before its price rises too high.
This is the main trick that scammers do, they appeal to your greed, and if you are greedy enough, you may not realize that the project is a scam despite all the evidence that shows it.
This is the main trick that scammers do, they appeal to your greed, and if you are greedy enough, you may not realize that the project is a scam despite all the evidence that shows it.
You are right, but even if there is no scamming involved, it is still not advisable to get in on an asset that has its value going up, we call that FOMO and we know how dangerous that can be. Newbies often make this mistake, as soon as they see a few green candles in a chart, they feel it is an opportunity for them to secure some profits, and they jump right in without doing any research or analyzing the market and how that particular asset has been doing in the past, they get blinded by greed and then pay the price for it.
The price of that asset starts dropping sharply right after they make an investment and they don't even get enough time to sell their assets back with a small percentage of loss, and since they are new in trading, they don't know what a stop-loss is.
So, for any newbie entering the market with the mindset of earning a lot of money, it's important for them to know that knowledge is the first step they need to take.
April 29, 2024, 04:14:55 AM
It's not advisable though anyone can fall prey to scammers but is more likely on beginners who knowledge is very minimal to their trick the best for a beginner is to gather knowledge and know the right investment before venturing into it, remember most if this new project may have all it required to be of good project but are coordinated scammed project, as beginner is very hard because you will be looking at the team, and some criteria that don't matter it take experienced person to easily detect scam project.
April 29, 2024, 03:40:22 AM
Every experienced forum member will definitely say NO to newbies investing in newly launched projects, even the existing ones should be properly researched before investing in them, because there are more scam projects than legit ones. For beginners without experience, they should just stick to the most reputable cryptocurrency which is Bitcoin, then if they want to go a step further in their investment, let them buy top altcoins that have proven their reputations in the crypto market, anything aside from these categories are risky to invest in, unless the newbie wants to gamble their funds.
April 29, 2024, 03:38:27 AM
I don't think, is advisable for beginners to approach new projects in the market to invest, because they need to acquire more skills before they will start investing their capital in a new project, because the new projects can misbehave some time to cause their investors to lose their capital at the end of the project. Even the old investors don't use to invest in a newly launched projects, because they know that it is a risk to use huge amount of capital to invest on a new project, because they can disappear from the market to make those that invested to experience losses from the project. As a newbies, you can use old projects that is more popular in the market to invest, and you will definitely achieve a good income that will make you to always invest in that particular project any day, because you have tested positive results from the old projects.
You're right as a newbie you need to acquire more skills before looking out to make investment. And also you need to make research about the project before making any investment so as to avoid losing your capital. is always advisable to use old project that is more popular, but you really need to be careful, reason been that you don't know if the project will be dump anytime soon.
April 29, 2024, 01:01:54 AM
I don't think, is advisable for beginners to approach new projects in the market to invest, because they need to acquire more skills before they will start investing their capital in a new project, because the new projects can misbehave some time to cause their investors to lose their capital at the end of the project. Even the old investors don't use to invest in a newly launched projects, because they know that it is a risk to use huge amount of capital to invest on a new project, because they can disappear from the market to make those that invested to experience losses from the project. As a newbies, you can use old projects that is more popular in the market to invest, and you will definitely achieve a good income that will make you to always invest in that particular project any day, because you have tested positive results from the old projects.
April 28, 2024, 11:50:10 PM
Well I think is not advisable for a beginner to invest in a newly launch project
Newbies, new investors in cryptocurrency market should not invest money into new projects.New projects can be scam, will have rug pulls or their projects are not scam but their developers lack of capability to build up a successful project.
At the end, if an investor spends money to invest into a bad project, he will lose his capital.
Invest money into old project that has years and has passed through some market cycles, still survives, has good trading volume, it will be a safer investment choice. There will be less risk of rug pull and capability of that developer team already verifies by their works throughout some years and market cycles. By going through some market cycles, that project and developer team already survived through some hardest times in the past.
April 28, 2024, 11:15:29 PM
Many of the newbies don't know what they do but out of their innocence, some become lucky with what they invest. For example, those newbies that are fortunate and got lucky buying a random newly launched meme coin and they're able to make some profits out of it.
But not everyone has the same story as that example. The majority still don't get lucky with what they buy and that's the reason why many of these beginners need to DYOR before they invest in anything.
If they are newbie but they can afford to lose that money, let them explore what they have to explore out of their own curious and conscious mind.
But not everyone has the same story as that example. The majority still don't get lucky with what they buy and that's the reason why many of these beginners need to DYOR before they invest in anything.
If they are newbie but they can afford to lose that money, let them explore what they have to explore out of their own curious and conscious mind.
April 28, 2024, 11:10:55 PM
One of the worst things is to think that an increasing value means that the currency is a good or better investment in it before its price rises too high.
This is the main trick that scammers do, they appeal to your greed, and if you are greedy enough, you may not realize that the project is a scam despite all the evidence that shows it.
This is the main trick that scammers do, they appeal to your greed, and if you are greedy enough, you may not realize that the project is a scam despite all the evidence that shows it.
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