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Topic: Is the market still profitable for new projects? - page 5. (Read 801 times)

hero member
Activity: 1498
Merit: 785
It depends! How innovative is the project, how much do people believe in the new project? Investors will definitely judge and consider selectively but I would say that not all new projects are crap but there are some emerging offers with a different vision and they can get up to hundreds of millions of dollars in funding because various other institutions support.

If you look at projects that are not clear of course it will not be profitable at all, it will only end up with fraud especially new meme projects by saying 100x after being on the market. Bullshit!

You must be selective to recognize new projects because the market depends on supply and demand.
legendary
Activity: 2128
Merit: 1775
So my question is: is this market still profitable for new projects?
The crypto market has no influence in terms of profits, whether it's a new project or an old one, the problem now is the project itself, You can see now, gardeners and vegetables can create new projects. They went to the market a few months ago and disappeared. That's the problem now.

Investors are currently familiar with the current crypto market, even though investors can be counted on the fingers, rather than projects on the market, they are investors who know very well what to do for new and old projects, For this reason, entering the world of the crypto market has a high risk, if you don't research the new project first, it takes real understanding for you to invest in the new project, so you don't get caught in it which ends up being a scam.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
The market will continue to grow. As technology evolves, people will come up with new ideas for products and services to offer and sell. However, this does not mean that the market will not be profitable for new projects. It still is for as long as you know how to sell your products and attract your target clients and customers. It all comes down to how competitive you are.
Here, success depends not so much on competitiveness, which undoubtedly plays an important role, but on the demand for goods and services offered by the project. There will be a demand for this or that technology and the project will take off and flourish. But here the world must be ready to accept it, otherwise it will fail. There are cases when this or that technology appeared too early and turned out to be of no use to anyone, up to a certain point. For example, due to dependence on high-speed Internet, as was the case with WebTV from Microsoft in the mid-90s.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
It is still profitable, but in my opinion thing have changed in these lastest years. Now it has become increasingly difficult for developers to earn the trust and the money of new investors.

It was not the same as it was during the early 2010s, when it was a novelty to see an altcoin which was able to offer higher transaction speeds than Bitcoin. Today, it takes much more to catch the attention of investors.

On the other hand, I would not advice any investor to look for small projects, unless they are willing to spend their time doing serious investigation and follow up on it, with money they are willing to lose in the crypto market.

There will always be new winners in this landscape, it won't be easy to find and pick up among so many shitcoins.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Definitely yes. But that depends on the project's vision whether it would only be good in a short period of time or to be good with long term scale. There are more investors nowadays compared with the past but not all of these investors would invest in a single glance. Most of them are keen with details before engaging to the project itself. More people are gaining knowledge so better let your project meet their ideals and interests.
New projects will always be present even though market conditions are red, and the fact is that there are many new projects that are working and can achieve hard caps so there are always successful projects, of course it is not easy to create new projects.
I doubt with majority of the projects are hitting hard cap. I do think as well that there's a lower rate of success with projects nowadays if we would weigh quality over quantity of the projects. However new projects are mostly for short term so if you are planning to enter on its 'mid phase' then atleast minimize or manage tge loss.
sr. member
Activity: 1526
Merit: 255
New projects will always be present even though market conditions are red, and the fact is that there are many new projects that are working and can achieve hard caps so there are always successful projects, of course it is not easy to create new projects.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner


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

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped

I agree. If you are only a beginner in the field then it is advisable to not invest in new projects because of the risk it may cause, such as getting scammed. It is better for beginners to try investing with already existing projects to be safe and once you are able to get more experience and knowledge then you can risk investing in new projects with proper research and caution.

If you are a newbie, don't try anything other than bitcoin or maybe ETH. There is also no guarantee that old altcoins will not crash, like what happened to Terra and FTT, both of which are old and potential projects. It can be said the altcoin market is more like gambling than investing, so those who want to invest in it need to be aware of the risks it can bring.

If you are a newbie, I only recommend bitcoin, but when you are experienced and willing to take risks, I think we should step out of our comfort zone to be able to reap more success.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
There is a market for it without a doubt, people should realize that it's definitely there and it can certainly be done and there is nothing wrong with that. New projects could still end up growing and could still end up finding itself in the top 10 one day.

However, the problem is that there aren't any decent good projects like that, most of the projects suck and that's why we do not see them there at all, we need to see something that is very well done in order to be convinced that it will be done properly. I think it needs to be very important to make sure that things are not that easy and you could end up with a great return one way or another. I hope that people can understand the difference and that way they can do better.

and the growth of the project depends on the dev team behind it. sad to say, most of them are here for quick profits, thus, a lot have been abandoned even at early stage of development. very rare that you can see  a project that is continuously being developed to really cater the community for a specific usage. this is why it is understandable that most investors are meticulous in holding these coins for long-term.
hero member
Activity: 1554
Merit: 762
There is a market for it without a doubt, people should realize that it's definitely there and it can certainly be done and there is nothing wrong with that. New projects could still end up growing and could still end up finding itself in the top 10 one day.

However, the problem is that there aren't any decent good projects like that, most of the projects suck and that's why we do not see them there at all, we need to see something that is very well done in order to be convinced that it will be done properly. I think it needs to be very important to make sure that things are not that easy and you could end up with a great return one way or another. I hope that people can understand the difference and that way they can do better.

The story of the emergence of new projects and the value they will create are the two most important things for me. Often the success of projects is more visible in the bull market but the foundations of these projects are laid in the bear market. Usually most of the good projects come out in bear markets, but at this time the market is weak in liquidity causing projects to hang.

The market is not always profitable for new projects, especially if the market is not in a bull time. My impression was that most of the time the projects came out for fraudulent purposes in bull markets. New entrants to the market were easily deceived, causing new projects to make a profit. At the beginning of the bull markets, the Halving period is of course effective but i can say that quality projects initiate the bull market and shape the market. The most important key to new projects is stability. Projects that continue without giving up will definitely be successful.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
The market offers opportunities, that's undeniable. But can new projects really thrive in such a saturated environment, filled with fish and, sometimes, very loud colors?

Look at the statistics - the number of startups, services, and companies outshines the investor's interest. What we're seeing is a buffet of options with only a few forks. So, is the market still profitable? Yes, but the profitability resides in hidden alleys and, perhaps, underground caves

You must seek the opportunity, carve out your niche, perhaps even invent a new kind of wheel. Market research and trend analysis are your compass, but remember, even compasses don't always point true north. There's always opportunity, but success is often a floating target, elusive and ethereal
I do agree that there are way too many options and that makes people question the situation. Even if there is one good among them, when you look at 99 bad projects lumped together, you may miss that one good out of 100 in there. This is why it's a tough situation and should be regarded as a bad time to start a good project.

If you believe that you can build a good project then you are going to end up making something that will be a bit of a difficult situation in the end and I believe that we are going to end up with a deal where it's going to matter if you wait until the bull run. I know that it will take some time, but we should be waiting for the bull run and when things are getting a lot of funding, then you can build one.
sr. member
Activity: 1400
Merit: 420
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?
It is normal that new projects will continue to come in the market, but not all projects will be successful. So it cannot be said that all new projects are profitable but if a project is successful and someone can invest in that project then it is possible to get a good amount of profit from that project. So investing in a new project is more difficult than investing in an old project.  Because by looking at the population of an old project it is easy to invest without any high quality research but new projects require very high quality research.  Otherwise there is a lot of possibility of loss
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
There is a market for it without a doubt, people should realize that it's definitely there and it can certainly be done and there is nothing wrong with that. New projects could still end up growing and could still end up finding itself in the top 10 one day.

However, the problem is that there aren't any decent good projects like that, most of the projects suck and that's why we do not see them there at all, we need to see something that is very well done in order to be convinced that it will be done properly. I think it needs to be very important to make sure that things are not that easy and you could end up with a great return one way or another. I hope that people can understand the difference and that way they can do better.
legendary
Activity: 1750
Merit: 1329
Top Crypto Casino
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?

It depends if the project has a good roadmap, perks why people need to invest and other things for as part get benefits to the investors. The project will go for a good run; the market also affects the project, for example, the project goes to launch, but the market gets to crash the people keep panicking selling their assets, the traders makes a lot of position for buy and sell, the market in a chaos, now it affects because people might doubt that your project is still going well after this crash or not. This always happens based on my experience. But if the team already built a good reputation, good initiative and have a good social media marketing and still consistent the project might be succeed.
hero member
Activity: 3052
Merit: 685
It depends on how quality those new projects that you are going to promote. But knowing the fact that even if the market becomes saturated, there will always some new and exceptional projects that will definitely gain the trust and high demand of the customers or clients.

The market offers limitless opportunities to all types of projects. But it would be a great advantage if the project you are going to take risk investing has more proven use case potentials so that it will never end as another crypto scam.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
The market offers opportunities, that's undeniable. But can new projects really thrive in such a saturated environment, filled with fish and, sometimes, very loud colors?

Look at the statistics - the number of startups, services, and companies outshines the investor's interest. What we're seeing is a buffet of options with only a few forks. So, is the market still profitable? Yes, but the profitability resides in hidden alleys and, perhaps, underground caves

You must seek the opportunity, carve out your niche, perhaps even invent a new kind of wheel. Market research and trend analysis are your compass, but remember, even compasses don't always point true north. There's always opportunity, but success is often a floating target, elusive and ethereal
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Well, if you asking this in terms of the Bitcoin market.... then there are loads of potential profitable opportunities. This technology are still relatively new and people are still finding very innovative applications for Bitcoin in the market.

You can only look at the limitless opportunities in the decentralized payment options to see what can be done to improve it. Bitcoin can change a lot of industries, if it is allowed as legal tender, but governments are blocking it by defining it as a commodity.  Roll Eyes
sr. member
Activity: 1022
Merit: 368
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?
There is no limit to innovation and at the same time there is nothing new that hasn't been in the past in some other form. And crypto projects gives the individual the ability to stretch the limit of human possiblities. To be profitable in the market the individual has improve on an existing project and the individual can also developed a new specialized project to serve a specific group. There is always profit to be made and the world hasn't seen the last of it.
legendary
Activity: 3542
Merit: 1352


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

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped

I agree. If you are only a beginner in the field then it is advisable to not invest in new projects because of the risk it may cause, such as getting scammed. It is better for beginners to try investing with already existing projects to be safe and once you are able to get more experience and knowledge then you can risk investing in new projects with proper research and caution.
sr. member
Activity: 980
Merit: 311
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?
Bullish movement may start soon in the crypto market and if it happens during that time some new projects are likely to do well. Since the market is not yet bullish, investing in new projects is quite risky. Last year some of the good projects were scammed so now the investors are suffering from a little lack of confidence. This situation will continue until the next bullish movement starts. In such a situation, investment in new projects will be risky. As there is a risk of loss at the same time if the project become legit then there is a possibility of getting large profit.
full member
Activity: 1526
Merit: 111
Pepemo.vip


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

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped
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