Just my one cent advice - page 4. | Bitcointalksearch.org

cryptoexchanger.org

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Quote from: Bertyda on July 21, 2022, 01:05:46 PM

Quote from: InpulseX on July 19, 2022, 04:17:15 PM

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745

It is hard to say how long the market will recovery. The condition of cryptocurrency market depends on the economic situation in the world and the economic crysis continue.

The economic situation in the world continue to be unstable, but cryptocurrency market started to rise.
It is hard to say how long the rise will continue but rise of the market will attract more attention to digital assets.

fullhdpixel

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

Yes, there will always be projects like that but sadly most of those projects are sh8t coins or meme coins. I don't know if those two projects you mentioned there are one of them. Only those who have the potential can replace the coins that are on top but you are right that it's not easy and it can take them lots of years because they need to gain the trust of the people first and also people are kinda loyal to those who are first and currently on top.

It's not easy for them to switch to a newer one but it's always possible for them to allocate something on those coins. What's with the young investors anyway? What about the old investors? I think this strat doesn't have an age requirement.

Bertyda

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Quote from: Angry_Kitty on July 20, 2022, 01:12:45 PM

Quote from: InpulseX on July 19, 2022, 04:17:15 PM

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745

It is necessary to check everything before investing to evaluate the potential of the coin.
Now cryptocurrency market started to recovery and many people hope that rise will continue.

It is hard to say how long the market will recovery. The condition of cryptocurrency market depends on the economic situation in the world and the economic crysis continue.

Jaered

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The truth about the crypto world is most of the projects are either barefaced copycats or just plain bullshit. That is how meme coins took over the space. So in a space of a year or two, many of these useless projects would bite the dust. And this demise would be hastened by the crypto winter

Angry_Kitty

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Quote from: InpulseX on July 19, 2022, 04:17:15 PM

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745

It is necessary to check everything before investing to evaluate the potential of the coin.
Now cryptocurrency market started to recovery and many people hope that rise will continue.

Silberman

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Quote from: tygeade on July 19, 2022, 04:05:33 PM

This is true, there are way too many new projects and people will always have a hard time figuring out what they will do with them. I mean think about it, we are talking about a scenario where you will have to pick one good coin among 100 other bad ones, that would be very hard to do. I know it's not going to be impossible to handle, but it's not going to be something I would feel comfortable with.

Crypto is a very difficult thing if you go lower in the ranks to try to find an investment. I mean btc and eth are good for example and at least we know they are good and will be good, the more you scroll down the harder it gets and that's the trouble, we shouldn't really be focusing on that at all.

And this is one of the factors that makes investing in the market of cryptocurrencies so challenging for everyone, each year thousands of coins are created and only a handful of them are worth your time, it is not possible to think that we can take a look at each one of those coins, so many people just take a look at a few coins and then they pick the one they think it is the best out of the bunch, meaning that selecting the right coin which will skyrocket is incredibly difficult as you need to select the coin out of a group of thousands, then you need to pick that coin as the best of the group you selected to study, you need to invest in it and to hold it until it gives the profits you were looking for and then sell at the top, and it is obvious only very small number of people can do all of those steps.

DaMut

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It's normal for these to happen. New project won't stop coming and many projects also will die off. Its left to investors to do their due diligence and ration it out base on their findings and funds for investment. And also to be careful and not jump on every new project. That's why I said due diligence should be done.

InpulseX

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Quote from: Sebas.tian on July 17, 2022, 07:33:47 AM

Quote

Investing in new project in this bearish market conditions obviously risky although a new project which is strong enough in both technical and fundamental ways might be beneficial nevertheless I prefer to invest in already established altcoins for example Ethereum, Matic, XLM etc.

Investing on established altcoins has more confidence to achieve a huge amount of profits in future than new projects in the market. Old projects is more reliable in this bearish season than new projects that look like potential project that has what people want in the community but to scam people at the end of the project. I think, those established altcoins are more favourable to long term traders because their price is still looking good for investors to make a good profits from their trade in the market.

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745

tygeade

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Quote from: Oasisman on July 18, 2022, 01:30:20 PM

Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

You sure about that? With hundreds of new coins/project that's coming out every now and then it's very hard to choose from it to mix with your portfolio. Those you have mentioned is not a guarantee as well, regardless of how much money this specific project has being poured with finances. It all depends if it sells to the investors. Lucky are those 2nd set of alts you have mentioned for making it to the top. However, it won't easy to find them in the early phase of their project.

This is true, there are way too many new projects and people will always have a hard time figuring out what they will do with them. I mean think about it, we are talking about a scenario where you will have to pick one good coin among 100 other bad ones, that would be very hard to do. I know it's not going to be impossible to handle, but it's not going to be something I would feel comfortable with.

Crypto is a very difficult thing if you go lower in the ranks to try to find an investment. I mean btc and eth are good for example and at least we know they are good and will be good, the more you scroll down the harder it gets and that's the trouble, we shouldn't really be focusing on that at all.

Mpamaegbu

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years

Perhaps, next time it will be better to add symbols to the cryptos to enable anyone searching to easily identify them if there's no link. From the little search I did now, both projects aren't listed anywhere on coin sites; except I'm wrong?

Quote from: RussianEnglishTranslation on July 19, 2022, 06:09:51 AM

That's why I sold 90% of my Ethereum for smaller cap L1s and L2s like CNDL and IMX. It will be easier for these projects to 100x than Ethereum because their market cap is much lower.

Yes, small cap tokens will easily give mouth watering ROIs than the top cap but what if these small cap tokens disappear into thin air overnight? It's the "what if" factor that makes shrewd investors stick to already established ones like Bitcoin and Ethereum. For them, playing with others is akin to gambling.

RussianEnglishTranslation

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

This is dead on correct. That's why I sold 90% of my Ethereum for smaller cap L1s and L2s like CNDL and IMX. It will be easier for these projects to 100x than Ethereum because their market cap is much lower.

MrDave

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Indeed a piece of good advice, but finding new projects with much utility is way more difficult, and how to believe in any new projects that much early is also a concern.

Oasisman

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

You sure about that? With hundreds of new coins/project that's coming out every now and then it's very hard to choose from it to mix with your portfolio. Those you have mentioned is not a guarantee as well, regardless of how much money this specific project has being poured with finances. It all depends if it sells to the investors. Lucky are those 2nd set of alts you have mentioned for making it to the top. However, it won't easy to find them in the early phase of their project.

Desmong

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

The problem Right now is not about looking for a new coin but getting the right project. There are different projects in the market now and we need to be caution about of these projects because they are mostly scam projects that will not last long in the market. We need to do delligent research before we buy any coin in the market because of the dip we are into now.

wheelz1200

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

I would counter and say don't mix in new coins because 99% of them are scams or lazy attempts at a project at the very least. Every bear cycle wipes out tons of these coins never to be seen from again. Tread lightly with new projects raising millions of dollars

Gosgosking

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

Best advice you can give anyone for investing in new projects is to tell the person to make research first before planning to make investment on these new projects. You know new projects can be very risky you may lose all the money you are investing.

Tony116

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Raising millions of dollars of new projects also does not guarantee that they will survive and grow to replace existing old projects, the replacement will only occur if the old projects do not develop and do not keep up with market trends.

It is not enough to just rely on the capital mobilization factor to assess a project's potential. Remember Luna, EOS is also a project that has raised up to $4.4 billion in the capital. This is the biggest crowdfunding project to date but let's see how it has grown.

fuer44

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Quote from: Lagduf on June 30, 2022, 10:06:17 AM

I do know what you meant about that but remember that if the situation can change anytime. if the blockchain already fully used by so many people and it will not be easily to be replaced by a new blockchain. I just wanna try to remind you if you can use the new poroject as investment for the future but remember that if this is also a big gambling for you. The fact that if this time people known that so well. investing in the new project is not a bad thing at all but the result may be giving you a lose.

like finding a needle in a haystack, although many say investing in new projects is very promising but remember that not all projects will end well too. it's probably true that there are still some good projects but that's also risky in the long run, but I think it's still better than doing nothing.

for those who don't have a lot of funds, maybe they can join the bounty campaign and airdrop for the new project.

LastKiss

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Quote from: S3300 on June 30, 2022, 09:49:22 AM

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

It's already happened years ago, many old projects already died and many new projects always appear to take the position of the old project with their new features and ideas. But the first generation crypto still survives now so it depends on your investment strategy if you're high risk taker then just go with a new potential project although if they already raised millions of dollars doesn't mean that project will survive long enough.

MCobian

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Quote from: sumant on July 14, 2022, 06:06:04 AM

At any time investing in new project is always risky. I know that all big project was new at a time but taking risk at new projects is big capital risk so everyone can't take this. Investing in big projects who has spent times in years are now good then new projects but at the end everybody has their own point of view so some may be different from my opinion.

Of course, after all, investing in new projects will be very risky, because we are not familiar with these new projects. It is very different when
we invest in old projects, the risk is usually lower, because we usually know the old projects better. So for old projects, it is easier for us to predict
its movement in the market, by studying the history of previous movements. While new projects will have a harder time predicting how they
will move, that's why more people prioritize investing in old projects. Of course, for now, I feel more secure when investing in old projects.
My advice if we really want to try investing in new projects, we should dig deeper into information about these new projects. So we know whether
the new projects are worth buying or not, what is certain is that because investing in new projects has a very high risk, it is better if we start
investing using a small capital first.

Topic: Just my one cent advice - page 4. (Read 1129 times)