Is the market still profitable for new projects? - page 2.

Vaculin

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Winding down.

Quote from: Trawda on August 08, 2023, 12:33:27 AM

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

The market will also grow along with the huge increase in new projects. And the more new projects that are becoming visible, the number of investors and its users will definitely come to grow. That’s why no matter how saturated the market is, it will never stop from being profitable especially if these new rising projects have huge potentials to grow and develop in the future. Learn the fact that new projects only arise if they still see growing demands from the market itself.

Trawda

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Quote from: Sebas.tian on August 14, 2023, 01:19:20 AM

Yes, there are many investors still making profits from new projects in the market because their teams are doing positive things in the market that will make their investors to feel that the projects will go a long way to Favou those that will invest in it in this season. Now that the price of Bitcoin is preparing to increase higher in the market, show that many coins price will definitely increase higher too to allow their investors to release their coins for sale and to prepare for another bearish market that will take over after the bullish market. I will advice you, to try and invest in a potential new projects in this season because there is a favour ahead to such people that will take the risk in this season to smile tomorrow when the market price increase higher to look good to the eyes of the investors.

Thanks for the advice, this is what I'm working on. Maybe there will be a project in the near future, but first we need to prepare and study the market situation.

Agbe

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The market has nothing to do with the increasing population. The market even needs more population. Bitcoin has made the market more competitive and the new projects that are coming into the space are also benefiting. My answer to your questions is yes the projects can still do well in the market if they are legit/genuine with their activities. And now that we have not entered the bullish market, this is the best time for new projects to kick start their work so that when the bull season comes, they will also be beneficiaries. And since your are saying "New Projects" one thing you have to know is the involvement of your customers which you must include to your plan. That is your target audience in the project. If you do your home work well then there is no way you won't make profit.

Rupok

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Crypto market is very anxious and a least competitive market, so I think new projects are not very profitable. Until the market recovers, new projects will take a long time to succeed. At present new projects cannot get a lot of investors because it depends on the project. I think some new projects may have the potential to do well when there is a bullish movement in the crypto market soon. I haven't seen anything good from most of the new projects. If a project really wants to be successful then they must keep in mind whether the project has a good roadmap, why to invest and what are the benefits for the investors.

dothebeats

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Quote from: Jatiluhung on August 14, 2023, 08:47:52 PM

Quote from: romero121 on August 14, 2023, 12:24:16 PM

I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.

New projects this year are not as many as last year. But this year many big projects have sprung up. Such as layer 1 and layer 2 projects. And most recently, we know that SEI will soon be listed on Binance. But for small projects at this time there are still not too many popping up. It's just that slowly small projects have started to emerge, although not many. I think the current market will encourage more new projects to emerge. But at the start of 2023 we witnessed a lot of AI token projects. but that was short lived and the hype ended quickly. Then it was followed by the Meme token hype and well it all ended quickly too. And for now there is no other hype that has appeared. But I believe that today's market will bring more new projects.

The thing is that it's not difficult to come up with new ideas. There is a lot popping up from everywhere across the world. The thing that is hard is gathering interest in it, making it work, and facing the harsh competition in the market. It's easy to start but keeping it up is the one where a lot of projects are struggling with. Much like your example of the Meme token where the hype was in such a high scale but it ended too quickly that it did not make much of a mark.

Jatiluhung

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Quote from: romero121 on August 14, 2023, 12:24:16 PM

I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.

New projects this year are not as many as last year. But this year many big projects have sprung up. Such as layer 1 and layer 2 projects. And most recently, we know that SEI will soon be listed on Binance. But for small projects at this time there are still not too many popping up. It's just that slowly small projects have started to emerge, although not many. I think the current market will encourage more new projects to emerge. But at the start of 2023 we witnessed a lot of AI token projects. but that was short lived and the hype ended quickly. Then it was followed by the Meme token hype and well it all ended quickly too. And for now there is no other hype that has appeared. But I believe that today's market will bring more new projects.

tygeade

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Quote from: romero121 on August 14, 2023, 12:24:16 PM

I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.

I feel like it's overdone and it's not really a good way to get rid of things. I think it's quite important to realize that we are at a stage where things going to be a bit more important than "pay them some money and they make the project" type of thing. It's just not sensible to keep it going that way, we need to change that one way or another.

It would of course mean that we are going to end up with something that changes the whole system eventually. We should stop paying people to build projects, that system can't go on, and I know that we are not going to end up with anything profitable as long as our aim is to make someone else rich, and by paying the devs to make projects, only thing we achieve is make them richer.

rikybrosh

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Quote from: boltz on August 14, 2023, 01:57:54 AM

Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry

I think there is no great project lately, there is significant quality difference between project in the past and now. in my opinion , there are many project in the past that created by great people unlike now. I think it is because those great people saw that this forum is very crowded so they saw that there is big opportunity to create successful cryptocurrency related project in this forum. but now, I think this forum is not as crowd as before. I wonder, what's make new people don't stay to active in this forum. I am afraid that great developers are not interested to create cryptocurrency related project because the opportunity to gain capital in crowdsale become smaller as the crowd of this forum is decreased. I hope the situation will be better in the future.

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Quote from: Trawda on August 08, 2023, 12:33:27 AM

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Not totally unless if that project possesses a strong appeal to the community. What I mean is that if that project has the potential and use case, it was not impossible to gain attraction to investors and grow. But if that is just a shitcoin, a worthless project - we are too certain that people will only junk it and ignore it. Of course, with the tough market competition this time, only a project that has value and potential remains and I was sure that these developers are of that that is why they have to do something that would attract massive investors.

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Quote from: Trawda on August 08, 2023, 12:33:27 AM

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

why not, even today there are still many new projects that have made huge profits from curious investors and also support their projects, even so not all projects will make a profit, the performance of the reputation of the development team is also needed because there have been many scam projects that have turned out to lose investors so that they are deterred from the crypto market. if you are a developer then try to provide products that have a use case to potential investors, don't just sell dreams because it won't be effective anymore.

romero121

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I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.

yudi09

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Quote from: Trawda on August 08, 2023, 12:33:27 AM

-snip-

So my question is: is this market still profitable for new projects?

If I say it depends on the type and commitment of the project, would you believe it?

There is a possibility that new projects that are constantly being born will end up going extinct on their own because most projects are born just for the company's profit even though at the beginning they look so convincing.
There is a market effect that will enter the bull run phase, so many projects are born by many companies. Maybe in 1,000 there are two that can bring profits to investors. The investor in question is an investor who can assess each of the new projects.

lizarder

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Quote from: virasog on August 14, 2023, 12:55:03 AM

The sad reality is that most of the altcoin projects are made to scam the people and there are few which have a perfect good use case. So given this situation, the market will always be profitable for new projects.

I can give another real world example of this. When the internet came into being, there were thousands of sites which were made and were profitable. Even after so many years, if you build up your new site (project) today, it can be successful too. So, if we relate this, then blockchain projects will always be profitable if made with the right intentions.

Your statement is very true and there are many examples that might be used as references regarding the development of a new project. The question that should be asked is not whether it is profitable or not, but whether we can benefit from the new project that has been launched? there are many new projects launched and there are also many people who might benefit, after that the projects are abandoned and there is no prospect in the long term. Sometimes many investors expect short-term profits and they never think about how the project will develop in the long term, the concept may vary from one investor to another in generating profits for the development of new projects launched.

For example some cases of new projects have ever existed and they were affected by the hype, when many investors benefit from the project, there is no possibility that the project development can continue in the long term or not. The fact is not the long-term prospects that some people are looking for, but how they can profit from every opportunity they have and vice versa with us.

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Quote from: bakasabo on August 14, 2023, 03:07:57 AM

Quote from: boltz on August 14, 2023, 01:57:54 AM

Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry

Maybe you havent noticed any new projects, because you are used to ICO-bounty kind of thing? I agree that we have less new projects nowadays, but we still have plenty of them. Like all those bridges for example. Like LayerZero. And I bet you've heard about Sui blockchain, Aptos, Base. How is this not new? I bet you've heard about retrodrops that people do in search of luck and easy money. All these are new projects with millions of investments.

Now he's still talking about ICOs, which makes me feel like he's not up to date with market data and just focused on bitcoin. Yes, we have a lot of potential projects in the early stages and they will likely be the ones that will bring hype in the next bull season. But to be honest Aptos, SUI or layerZero are being evaluated as potential projects but I believe they will also have a not so good ending like Solana, Near or Avax in the last bull season. Altcoins were created for hype for a while and will soon be forgotten after that. Therefore, investing in altcoins should only be considered short-term.

bakasabo

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Quote from: boltz on August 14, 2023, 01:57:54 AM

Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry

Maybe you havent noticed any new projects, because you are used to ICO-bounty kind of thing? I agree that we have less new projects nowadays, but we still have plenty of them. Like all those bridges for example. Like LayerZero. And I bet you've heard about Sui blockchain, Aptos, Base. How is this not new? I bet you've heard about retrodrops that people do in search of luck and easy money. All these are new projects with millions of investments.

boltz

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Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry

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Quote from: Sebas.tian on August 14, 2023, 01:19:20 AM

Quote from: Trawda

So my question is: is this market still profitable for new projects?

Yes, there are many investors still making profits from new projects in the market because their teams are doing positive things in the market that will make their investors to feel that the projects will go a long way to Favou those that will invest in it in this season. Now that the price of Bitcoin is preparing to increase higher in the market, show that many coins price will definitely increase higher too to allow their investors to release their coins for sale and to prepare for another bearish market that will take over after the bullish market. I will advice you, to try and invest in a potential new projects in this season because there is a favour ahead to such people that will take the risk in this season to smile tomorrow when the market price increase higher to look good to the eyes of the investors.

if it's not profitable, why are there still so many new projects popping up to this day? Even though some of them are scams, there are still projects that have good potential in the future, so new projects are still feasible. however, to analyze the new project requires good skills, otherwise it will be a big risk to invest in a new project. there are a number of new projects that are currently being discussed, such as sui, arkham, and that is the hope for crypto development, especially in a bearish season like now, when the bullish season comes, there will be great potential to join in

Sebas.tian

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Quote from: Trawda

So my question is: is this market still profitable for new projects?

Yes, there are many investors still making profits from new projects in the market because their teams are doing positive things in the market that will make their investors to feel that the projects will go a long way to Favou those that will invest in it in this season. Now that the price of Bitcoin is preparing to increase higher in the market, show that many coins price will definitely increase higher too to allow their investors to release their coins for sale and to prepare for another bearish market that will take over after the bullish market. I will advice you, to try and invest in a potential new projects in this season because there is a favour ahead to such people that will take the risk in this season to smile tomorrow when the market price increase higher to look good to the eyes of the investors.

virasog

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Quote from: Trawda on August 08, 2023, 12:33:27 AM

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

The sad reality is that most of the altcoin projects are made to scam the people and there are few which have a perfect good use case. So given this situation, the market will always be profitable for new projects.

I can give another real world example of this. When the internet came into being, there were thousands of sites which were made and were profitable. Even after so many years, if you build up your new site (project) today, it can be successful too. So, if we relate this, then blockchain projects will always be profitable if made with the right intentions.

YUriy1991

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Quote from: Ayers on August 13, 2023, 10:50:28 PM

Quote from: kotajikikox on August 13, 2023, 08:57:07 PM

Quote from: Trawda on August 08, 2023, 12:33:27 AM

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

as long as you will provide new and innovative projects? with legit plans and not crocky ? i think New projects will succeed .
always consider the investors and believers side, and not only your profit because that will be the beginning of no legitimate connection from owner and the investors.

The problem is not in the success or failure of new projects. The point is that to attract newbies and new investors to the market, market makers need to create new games and massive hype. And that is why the market will always need new projects. Just like many people assume that trends and meme projects will die and go away. But I think it will always be around and will be a powerful tool for market makers to use to generate hype to attract newbies to the market. New projects and especially meme projects will always be a hot topic whenever the bull season approaches.

What do you say and if I see, The concept is clear, that each of their products (New project Coin / token) must be realized in the market and must be sold, meaning that there are many patterns that they have to try to be able to attract beginners as well as new investors to the market with various ways. Yes. Interesting from that other angle because Crypto is often a form of social investment. The discussed AI Coins, Defi 2.0, and Meme Coins for example have high hype and can often cause crypto coins to explode quickly.

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