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Topic: Just my one cent advice - page 5. (Read 1086 times)

legendary
Activity: 2268
Merit: 1655
To the Moon
July 17, 2022, 01:10:21 PM
#76
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.

This is the main problem that an investor faces in order to find a new promising coin that would really solve some kind of problem on the network. And if we go back to the coins you indicated, then Matik really solved such a problem, which solved the problem of scaling in the Ethereum network. But what will happen to Matic when the Ethereum network switches to POS, will the blockchain Polygon continue to compete with the Ethereum network? And what will happen to the Matic coin in this case?
full member
Activity: 1974
Merit: 147
July 17, 2022, 08:33:47 AM
#75
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.
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
July 16, 2022, 06:06:10 PM
#74
Whether it is a new project or something reputed in the market, there is risk associated with it. When it comes to new projects we're in a situation to explore more and analyse well about the roadmap and the possible chances whether the roadmap schedule can be attained by the respective team. When big companies and venture capitalists have invested with audited source codes we can rely on it. At times these are just hypes, so we need to think well before investing.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
July 16, 2022, 05:41:10 PM
#73
You need to drop some proof because not everyone know these projects you are talking about, new projects are more risky than old popular altcoins, it's true that you can make a lot of money from new altcoins but the risk involved is not encouraging.
Actually you are totally right because not everyone knows it project and precisely it is supposed to drop approve of it projects to the open floor. What is an other circumstances if you really want to know a project you have to own your own research for such project so that she will not miss understand it totally and after your findings what you have to know if the project is good to invest or not.
legendary
Activity: 2492
Merit: 1332
July 16, 2022, 05:29:42 PM
#72
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..

If you're a big investor you can do that and if you're ok accepting the risk of investing in new projects, there are a lot of risks investing in new projects right now I was burned checking these projects that I thought will make difference in the market, it's hard to trust new projects right now, especially those that only ride the hype like NFT, MEME and PVE, but I still check for new projects, you're in a jackpot if you found a project and you're an early bird, that will make 100 times profit.
What happens is that when we have thousands of projects being released each year it becomes unrealistic for most people to actually go through most of them and see if there are a few of them that are worth their time, this means that people need to take shortcuts in order to identify projects which could be good, but then this means that the developers put way more attention to their marketing campaigns than the development of their coin as that is the way to get enough funds for their projects, so they raise the expectations about what their project can reach to unbelievable levels and even if they get a lot of money they have set themselves for failure as it is almost impossible they will each their goals, then the project collapses and the people that trusted in them lose it all, other traders see this happening over and over again and then decide that it is better to stay away from altcoins in general.
hero member
Activity: 2072
Merit: 603
July 14, 2022, 07:07:31 AM
#71
That still depends on how stuff works for that project and the various factors at the time of its launch, pre ICO, ICO and exchanger listing phases. There is literally rat rush for the free coins from promotional offers before their launch. The amount could be from 10% to all the way up 40%. This means that is liability of the project at the time of exchanger listing and this much amount is definitely sold out instantly (or dumped more precisely) leaving behind huge burden on the owners to get up the ICO prices. I would still suggest to invest wisely in these projects and better keep bitcoins portion always more than 50% in the portfolio.
copper member
Activity: 770
Merit: 1
July 14, 2022, 07:06:04 AM
#70
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.
member
Activity: 1204
Merit: 11
July 14, 2022, 07:01:00 AM
#69
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.
legendary
Activity: 2268
Merit: 1655
To the Moon
July 14, 2022, 06:47:15 AM
#68
Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example...

It is impossible to compare Dynamic with the coins that you have listed, since this coin has already existed for about one year and since TGE it is still in a downward trend. Even in the bull market, the price of the Dynamic coin continued to decline. As for the Mahash coin, it is not traded yet and therefore it is difficult to draw conclusions about its prospects.
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
July 14, 2022, 12:44:52 AM
#67
I'd aware about this in the past but it seems like that will not happen again this time. In my opinion if this time people become even more familiar to the crypto. if they have found something that makes them feel confident and im sure that if they will always stay with such protocol.
If the protocol gets failed to deliver what the holders want and im sure that if people will be moving toward the new protocol. This cycle will always be happening anytime.
It can still happen, crypto industry is open and young need the creativity of new projects. Therefore, existing old projects can still be replaced by new and better ones if they do not develop and do not have the innovation to keep up with the times.
New projects still raise hundreds of millions from investment funds during the bear season, this shows they have value and ideas, investment funds will not stupidly invest if the project is not outstanding .
full member
Activity: 2240
Merit: 175
#SWGT PRE-SALE IS LIVE
July 13, 2022, 07:49:01 PM
#66
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..

If you're a big investor you can do that and if you're ok accepting the risk of investing in new projects, there are a lot of risks investing in new projects right now I was burned checking these projects that I thought will make difference in the market, it's hard to trust new projects right now, especially those that only ride the hype like NFT, MEME and PVE, but I still check for new projects, you're in a jackpot if you found a project and you're an early bird, that will make 100 times profit.
legendary
Activity: 2492
Merit: 1332
July 13, 2022, 05:37:00 PM
#65
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 still doubt that because most of the new projects in the market still end up unsuccessful. Though there are some who turn out to be exceptional, but still they never live longer in the market unlike those established altcoins do. Well, I’m not against investing in new projects as others still find fortune in them, but the fact that they are new, they will find it hard to prove their worth, and won’t even sure if they can sustain the market volatility, and may only follow the fate of those new projects who die eventually.
Many of those projects which are supposedly receiving millions of dollars in investments are simply lying to their potential investors, they do this so it seems like there is a lot of interest in the project when this is not true and this is done by the developers to see if they can generate any hype and bring real investment, so I am not so sure we are seeing a lot of people actually investing in those projects, since it is not like it is a secret that something similar happened during the previous crypto winter and anyone that invested in new altcoins during that time got burned hard because of it.
sr. member
Activity: 1596
Merit: 264
July 12, 2022, 07:14:47 PM
#64
~
Aren't most of them are to be doubt for anyway? I had some tokens back in 2017 that just went crap when I just checked its price last year. Though that was an old project and not really what you call "new project", knowing  that these projects won't even last just tells it all.
This is one of the reason I stopped pursuing altcoins too much.
hero member
Activity: 2814
Merit: 576
July 12, 2022, 06:56:46 PM
#63
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 still doubt that because most of the new projects in the market still end up unsuccessful. Though there are some who turn out to be exceptional, but still they never live longer in the market unlike those established altcoins do. Well, I’m not against investing in new projects as others still find fortune in them, but the fact that they are new, they will find it hard to prove their worth, and won’t even sure if they can sustain the market volatility, and may only follow the fate of those new projects who die eventually.
hero member
Activity: 2702
Merit: 704
July 12, 2022, 05:05:48 PM
#62
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 don't think Investing in new projects is the problem, investors invest in older projects because they are already established in the market and most new projects end up failing shortly afterward. Investing in crypto is always risky and if you want to push your risk, you can invest in a new project and hope they do well and not because there is some guarantee that they will b'cos they said so in some whitepaper.   
I think just because it is a bit risky to invest into crypto, doesn't mean that you should take on even bigger risks. Like bitcoin is risky enough if you ask me, why go buy the silly shitcoinmemetoken or whatever and take on even bigger risk? Just realize that we are not going to be doing something risky anymore by investing into bitcoin and that should give you all you need to know.

There isn't really anything else you need on this. Sure you could go with a higher risk and higher reward situation but that would be not so smart. If you go that route, you shouldn't be shocked about losing all of your money there though because the lower you go, the riskier it gets.
While it is true that bitcoin is risky enough already the main reason people decide to invest in all of those altcoins even if they know that they are way more risky than bitcoin is because they think that it is impossible to obtain fast profits with bitcoin anymore, and that the magnitude of those profits is also going to be on the low side, so they prefer to invest in altcoins as they think that is the way they are going to become rich quickly.

However we know the truth, we know that the majority of altcoins will never reach anywhere near the potential they claim to have, and while some people can make money with those altcoins the majority of those which elected to trust in those coins will lose their money, and when that happens they will regret their decision to trust in those developers that were behind those coins, but by the time they do so it is too late to do anything about it.
legendary
Activity: 3080
Merit: 1144
July 10, 2022, 07:40:48 PM
#61
newer project doesn't necessarily means it gonna be as great as the new project in 2018, most of the project that were raised in 2018 haven't reached its maximum valuation since they are mostly still developing.
instead at the time of massive correction like this i'd just prefer investing in project like polka and the likes since they've lost majority of their value thus becoming a great investment choice.
the newer project that emerges still have chance of failing meanwhile project like polka, matic, and avalanche has slim chance of failing at the end of the day.
And I can't imagine as well how sure is OP about those projects he has mentioned. In fact, not all new projects gain such trust and most likely they have been ignored because of the lack of market potential. Maybe for those who are in the hurry and have been thinking easy money doing no research will fall into them but real investors and those who have knowledge of the market will skip.
hero member
Activity: 2282
Merit: 505
July 10, 2022, 07:23:27 PM
#60
newer project doesn't necessarily means it gonna be as great as the new project in 2018, most of the project that were raised in 2018 haven't reached its maximum valuation since they are mostly still developing.
instead at the time of massive correction like this i'd just prefer investing in project like polka and the likes since they've lost majority of their value thus becoming a great investment choice.
the newer project that emerges still have chance of failing meanwhile project like polka, matic, and avalanche has slim chance of failing at the end of the day.
sr. member
Activity: 1414
Merit: 435
duelbits.com
July 10, 2022, 06:31:03 PM
#59
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..
In fact, not all new projects are worthy and can survvie to be bright future. So, it is more to have risks if you are going to invest in new prkiecjts. Moreover if you are newbies, i will never sugges you to invest in new project because you may not know how to analyze the projects or if you are only triggered by the hype. Be careful of any hype and FOMO that may be around you to invest in new projects. they may be scam, failed projects, or shit projects. that is why it always needs to have good understanding and knowledge to  invest in new projects.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
July 10, 2022, 03:05:25 PM
#58
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 don't think Investing in new projects is the problem, investors invest in older projects because they are already established in the market and most new projects end up failing shortly afterward. Investing in crypto is always risky and if you want to push your risk, you can invest in a new project and hope they do well and not because there is some guarantee that they will b'cos they said so in some whitepaper.   
I think just because it is a bit risky to invest into crypto, doesn't mean that you should take on even bigger risks. Like bitcoin is risky enough if you ask me, why go buy the silly shitcoinmemetoken or whatever and take on even bigger risk? Just realize that we are not going to be doing something risky anymore by investing into bitcoin and that should give you all you need to know.

There isn't really anything else you need on this. Sure you could go with a higher risk and higher reward situation but that would be not so smart. If you go that route, you shouldn't be shocked about losing all of your money there though because the lower you go, the riskier it gets.
sr. member
Activity: 2338
Merit: 338
July 07, 2022, 09:51:14 AM
#57
It is a very common thing to happen during the bear season and only usable projects will remain valuable.
That is why it is very important to just put and invest our money into reliable projects, not in those who have the influence of social media and hypes as they will surely suffer the most price decline during the bear market.

 - choose wisely - stay away from shitcoins
 - analyze the market/market review
 
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