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Topic: Just my one cent advice - page 6. (Read 1086 times)

hero member
Activity: 2212
Merit: 504
July 07, 2022, 09:32:05 AM
#56
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.
hero member
Activity: 2142
Merit: 584
You own the pen
July 07, 2022, 08:42:15 AM
#55
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'm really aware of Matic and polka dots back then but I decided to lay low since those years were most of the altcoins became shitcoins throughout the year and it is really risky to invest in some new coins but I forgot that I can use some little money just to have some in my wallet and to hold it for years. Now that I have the same opportunity, I'm considering holding more altcoins than usual for long terms since it might not be the same as those two but at some point, unexpected things can happen in the crypto market and who knows you could buy the right altcoins that will gonna multiply a hundred or thousand times its price in the next 4 years.
hero member
Activity: 1904
Merit: 544
We are all the pieces of what we remember.
July 07, 2022, 06:33:10 AM
#54
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 new projects are good enough it is not surprising that it can replace obsolete projects, but investing in new projects today is not recommended. If you intend to invest in them then you should do your research and accept the risks it brings as well as the return you expect from it.

Top coins are still the safer choice because they have proven their strength, have products and strong communities, so replacement is still possible but will be very difficult, beware of advertising from new projects.
sr. member
Activity: 1400
Merit: 259
July 07, 2022, 06:15:30 AM
#53
It will depend on recent events. Like right now, is there really assurance that any coin or project will explode in the next month or year when you consider how the dump was too strong.
Then, there's the doubt if this is the end of the dump or will it continue until the end of the year.
Those kind of question should be filtered first before investing. If last year the pump made us feel secured to invest in cryptocurrencies, now there is so much doubt lingering and any investment could be a waste of money or a lucky risk.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 07, 2022, 06:09:56 AM
#52
most of the time 95% of the newest project gonna just become a failure.
investing in new projects requires diligent analyzation and also sometimes relies heavily in luck, it's true that the rank are being replaced with the newest coins every cycle of bitcoin but also remember that these coins are very few compared with other coins that has become such a failure.
Maybe so but I think the latest project can survive the failure and continue the project to achieve what it wants. If you want to invest in a new project, you need to analyze and find the necessary data to choose the right project, even though it is not easy to get the right one. At least we can try to find out more about the project and if you are lucky, you can get one or two good projects that can give you a big profit someday.
sr. member
Activity: 2268
Merit: 275
July 07, 2022, 12:41:05 AM
#51
most of the time 95% of the newest project gonna just become a failure.
investing in new projects requires diligent analyzation and also sometimes relies heavily in luck, it's true that the rank are being replaced with the newest coins every cycle of bitcoin but also remember that these coins are very few compared with other coins that has become such a failure.
I agree with this, apart from the analysis we do, luck plays an important role when we invest in new projects. Sometimes I've had some disappointment (a little unlucky) with a new project I've been into. If I get into that new project, it doesn't seem friendly to me. But if I decide not to take part, the project will make us regret not taking part. This is very annoying. Lol
hero member
Activity: 2282
Merit: 505
July 06, 2022, 06:31:25 PM
#50
most of the time 95% of the newest project gonna just become a failure.
investing in new projects requires diligent analyzation and also sometimes relies heavily in luck, it's true that the rank are being replaced with the newest coins every cycle of bitcoin but also remember that these coins are very few compared with other coins that has become such a failure.
hero member
Activity: 2702
Merit: 704
July 06, 2022, 05:22:43 PM
#49
The problem is, there are many scam new projects created in crypto everyday.
Unless we have time to do some researches, we would never know whether it is a real project or not.
Polygon or Avalanche were new project back then, but some investors who has done their due diligence invested on them and got their profit.
Even if you make your own investigation about a project in which you are interested that does not mean that you will find anything wrong with it, and what better example than what happened with luna? The coin reached the highest levels that an altcoin can reach and yet it collapsed because at its heart it was a shitcoin.

And unfortunately this is not the first example of something like this happening and it is only the most recent one, so with this in mind it is better to avoid altcoins as much as possible right now as the possibility that a project can overcome the adverse market conditions are low.
sr. member
Activity: 1064
Merit: 343
Hhampuz is the best manager
July 02, 2022, 02:05:58 PM
#48
The problem is, there are many scam new projects created in crypto everyday.
Unless we have time to do some researches, we would never know whether it is a real project or not.
Polygon or Avalanche were new project back then, but some investors who has done their due diligence invested on them and got their profit.
You are right that mate and yes every day many scam project released ang offered us with a good  profit that can catch our attention and invest with them. But if we don't want to be scammed we need to do a research about that specific project we should not give our trust easily we need to know more about them in order to prevent scam. Because now days it's hard to trust anybody or any sites/project .
full member
Activity: 360
Merit: 100
July 02, 2022, 01:45:26 PM
#47
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..

To be able to find projects such as Polkadot, MATIC, BNB, ETH and so on, of course, is very difficult, maybe because there are too many scam projects that make us sell immediately when we are profitable, this is what makes patience rewarded with a high value, and from this of course we must focus on observing new projects that have the opportunity to become the next BNB, MATIC, AVAX, etc.
Raising millions of dollars doesn't 100% guarantee success though. Terra LUNA case, for example, raised millions but still crash and fail pretty hard. Any above projects could be too if they ain't careful in how to manage their project or development.
sr. member
Activity: 1722
Merit: 252
July 02, 2022, 11:28:19 AM
#46
Investment in cheap coins is something that can make us a millionaire, many coins that when ICO are very cheap but can rise hundreds or even thousands of times in 3 years or less, for example are hex, shiba, doge and so on, this is like we spread seeds and can harvest.
full member
Activity: 1260
Merit: 100
July 02, 2022, 11:22:44 AM
#45
The problem is, there are many scam new projects created in crypto everyday.
Unless we have time to do some researches, we would never know whether it is a real project or not.
Polygon or Avalanche were new project back then, but some investors who has done their due diligence invested on them and got their profit.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
July 02, 2022, 04:47:13 AM
#44
Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example,
They're just at the beginning and you'll never know what's next. Yeah, there are still projects that can manage to raise millions of dollars. But, that doesn't mean that they're already successful. Well, the first phase is but we don't know if the actual project will be the same as the first phase.
Raising millions of dollars means they are connected, it doesn't say anything about anyone at all. How? Well, let me put it this way, if you give me 50k today, and arrange friendship with a few big launchpads and a few exchanges, I am done, you will see me raising 10+ million dollars easily.

I will simply use that 50k on marketing, get myself on the biggest and greatest launchpads and not just one, I would do like 5 of them on each different week, and then I will be listed on a good exchange. Of course not many have this kind of connection, but if you do, and you can? Then you would be easily getting those millions of dollars without even having a good product.
Well, sounds good but not anyone can do that easily. Those that are able to raise millions, they've got it planned very well and they know how to market.
At first, it's all about marketing, and then if they are successful, that comes next with the project's mission and vision and what it is intended to make.
sr. member
Activity: 1792
Merit: 255
July 01, 2022, 10:31:28 PM
#43
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..

To be able to find projects such as Polkadot, MATIC, BNB, ETH and so on, of course, is very difficult, maybe because there are too many scam projects that make us sell immediately when we are profitable, this is what makes patience rewarded with a high value, and from this of course we must focus on observing new projects that have the opportunity to become the next BNB, MATIC, AVAX, etc.
jr. member
Activity: 1162
Merit: 7
July 01, 2022, 07:45:59 PM
#42
New projects have the potential to become successful or unsuccessful. Investing in new projects requires detailed research. It is a high risk venture if you do not carry detailed research. Carrying out findings on the purpose of the project, utility, the composition of the team members, their experience, etc. can help to determine the projects success or failure potential. There are a lot of new projects, what makes a difference is when you have conducted a detailed research to find out the ones that have growth potential. I will read more  about Mohash and Dynamic.
hero member
Activity: 2282
Merit: 505
July 01, 2022, 07:38:50 PM
#41
It's always possible to happen but the question is if so many major protocols that already exist can sustain for long term and it will make that will not possible anymore. I meant if we must also realize the fact that the coin like ethereum can sustain from that replacement caused by the sustainable network that can be used by people. The same thing happened with another major smartcontract platform as well. These smartcontracts are trying to build sustainable ecosystem for long term. It must not go away soon.
staff
Activity: 2436
Merit: 2347
July 01, 2022, 05:47:00 PM
#40
This advice is only partly correct. Certainly new projects are much more attractive and potentially more profitable than those that have long been on the market. Projects from 2-3 years ago have already shown their best returns for the first investors and now grow not as fast as before, unlike new projects. But you should not forget that you should not form your altcoin investment portfolio from just new projects because you never know what price values they may fall to because they have not yet formed a fundamental support, unlike the old projects.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
July 01, 2022, 04:58:42 PM
#39
Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example,
They're just at the beginning and you'll never know what's next. Yeah, there are still projects that can manage to raise millions of dollars. But, that doesn't mean that they're already successful. Well, the first phase is but we don't know if the actual project will be the same as the first phase.
Raising millions of dollars means they are connected, it doesn't say anything about anyone at all. How? Well, let me put it this way, if you give me 50k today, and arrange friendship with a few big launchpads and a few exchanges, I am done, you will see me raising 10+ million dollars easily.

I will simply use that 50k on marketing, get myself on the biggest and greatest launchpads and not just one, I would do like 5 of them on each different week, and then I will be listed on a good exchange. Of course not many have this kind of connection, but if you do, and you can? Then you would be easily getting those millions of dollars without even having a good product.
hero member
Activity: 3024
Merit: 647
July 01, 2022, 03:41:34 PM
#38
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..
There will always be new projects that will come to replace those old ones, but the question is are they reliable or not? Because as most have seen in the current market, new projects were not able to sustain their high value and eventually get doomed when there is a big crash in the market. The reason why wise investors are not tempted to invest in new projects, because those old and established altcoins are still worthy to keep and hold.
legendary
Activity: 1610
Merit: 1127
July 01, 2022, 03:23:40 PM
#37
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 may be right to some extent, because in the long run it's true that markets are unpredictable, however there is much less uncertainty when you have the support of an established project and have a better idea of how it's going to develop.!!!Due to the fact that we are in a bearish market, your suggestion is quite understandable. However, since there are fundamental coins out there with a good foundation, I doubt that the projects you've mentioned would survive in this situation.
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