Millions are still been raised in this bear market - page 3.

yazher

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

I think these are the project in the Metaverse where they already have a roadmap before the bear market occurs and they just proceed with the plan no matter what the outcome will be and their courage has been paid off. Things are really hard when the situation of the crypto market is not doing good and the bitcoin's price is not rising. it's rare to see the NFTs raise millions of dollars despite the current market situation and it's a good thing to see because it makes the market alive.

Silberman

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Quote from: 5W-KILO on August 07, 2022, 06:01:53 AM

Quote from: Pelana vreo on August 06, 2022, 11:00:38 PM

I'm not sure the new project will last, but I'm very happy to see new projects keep coming and being developed by so many people. despite the millions of dollars they have raised, i hope the project can survive in this market situation, there are many web 3 projects and some projects are doing mainnet with anti quantum blockchain they created, there is interesting thing because developers always put security first

Exactly, it doesn't matter how much millions new projects are raised, some will fail and some won't but only those that add real world utilities will survive on the long run, my advice for everyone is to choose projects wisely and only invest money you are willing to lose.

And unfortunately very few projects actually add anything new to the market, a great deal of the projects being created now have no use case, they are just doing what some other projects already achieved or they are scams, so in a way I am surprised that people are still so interested in investing in them when we are still in a bear market, as I do not believe the majority of those which are investing their money now in those projects will ever see any kind of profits.

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

..I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

Commonly, the new bear bullish market will be bigger than the previous bullish market, especially for the Bitcoin price, that is why it is bullish.
But, this doesn't guarantee for all altcoins, only altcoins that survive can really meet with the next bullish era and make bigger increases than in advance.
btw, this is not only about how big or not the bullish market is but how our preparation and readiness on each pei=riode, both bearish and bullish. Every time is not a bad time as long as we can utilize every chance that we can get in each era.
Btw, our trust in the crypto industry can help us to be much calmer and patient to wait for the next bigger bullish period.

Quote from: jossiel on August 05, 2022, 08:52:59 AM

Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds,

What are those projects that have raised millions despite that there's a little confidence these days for the NFT projects?

I ma also curious of this, but until now, OP is not responding Grin

KellyHands

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Despite the situation of the market, projects that has something good to offer would get the support of investors. Some persons have made more profits during this period than ever. The market is a continuum and whether it is bearish or bullish, trades and investments would still be effected.

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Quote from: tippytoes on August 05, 2022, 07:58:55 PM

Quote from: X-ray on August 05, 2022, 07:51:46 PM

Bunch of new projects can still raise a lot of money especially some projects that cooperated with the centralized exchange site. https://icodrops.com/

You must also aware that if during the bear market as long as investors are getting hyped and they will always invest in a project. Basically that's a fundraising and the investors can also invest small amounts of money but the quantitiy become so much that makes the project able to raised millions of money from the market easily. that proves that if the intention to invest in the project is hardly getting affected by the market trend.

And if I may add, if the fundraising is done by known platforms like Binance, people are stilly buying because they have the hope that the project will take off. So if you want a lil bit of assurance, go to top launchpads and also study the project itself. You should not listen to the fud but you also need to do your own homework, learn the foundation of the project, their goals and plans.

They hope to make huge profit in short term. It's very well known how profitable binance IEO for so many people who can get a spot on it. You can expect tens or even hundreds of ROI for your investment instantly once it was able to take a spot on binance IEO.
People got motivated caused by this. I have no doubt if people are always waiting for any IEO that will be launched through binance IEO. The fact that if it will always become the trend that will never gone.
People will always in searching for the potential project to be used as their long term or short term investment. You must also aware that even people are always following venture capital owned by exchange site as well.

shinratensei_

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very few selected project is successful in raising funds this trend around. most of them are great quality project that could definitely make a huge success once the trend is changing.
i guess that's kinda the main reason that they could raise quite huge sum of money even in the middle of massive correction like this.
even though it's basically the same like in previous cycle of btc, there's basically some project that have prepared for the future rally.

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Quote from: CapGelatik on August 07, 2022, 10:33:31 AM

Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

oh yes, of course I am very excited, especially about the metaverse project,
I think the metaverse project is still very young, and it is natural that many people invest there,
but of course, we have to know the risks, in the crypto world the risk is greater than the stock market,

Lots of investors see a huge potential in metaverse projects and they're taking advantage of the market situation to invest in it. I'm sure that the brave hands today are also the strong hands that will make a profit in the future. Metaverse still needs more polishment but if they will develop it well, it will have a good future in the crypto world.

FlamingFingers

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Well, not all nft are really making it during this bear market as compared to the bull market, lots of nft tend to be rugging most especially Solana NFT but still yet we still have some nft that are doing good, either nft or trading, bear season always produce millionaires, imagine that you had positioned your self in a good short on bitcoin when it was trading around $40k and you used a leverage of just x10, to avoid being greedy, then a huge fund was used in trading it that's a decent good profit, or an altcoins like xrp and you shorted it when it was at $0.8 currently $0.3 with a good leverage and good fund that's an amazing profit

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

Sacramento.

Yeah the fact that millions are still being raised in times like these do fare well for future bull runs. I'd like to think people hold until they squeeze out a profit so if all fund raising levels flattened or dropped I'd be worried. Good times ahead I think.

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Quote from: 5W-KILO on August 07, 2022, 06:01:53 AM

Quote from: Pelana vreo on August 06, 2022, 11:00:38 PM

I'm not sure the new project will last, but I'm very happy to see new projects keep coming and being developed by so many people. despite the millions of dollars they have raised, i hope the project can survive in this market situation, there are many web 3 projects and some projects are doing mainnet with anti quantum blockchain they created, there is interesting thing because developers always put security first

Exactly, it doesn't matter how much millions new projects are raised, some will fail and some won't but only those that add real world utilities will survive on the long run, my advice for everyone is to choose projects wisely and only invest money you are willing to lose.

Also how much raised do matter when we are talking about a new project, most of them are crowdfunding the team so that the team could continue to develop something good, or they are just scammers. But even people with the best of intentions would have to actually end up with something major in the funding part so that they could afford it.

So at the end of the day, millions are still raised because people know that they need to fund these projects in order for them to be good. If all people get together and pay 5k to a project, it won't take off and be good, so either everyone is in, or nobody should be in order for the project to have a result and not be in the middle.

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

oh yes, of course I am very excited, especially about the metaverse project,
I think the metaverse project is still very young, and it is natural that many people invest there,
but of course we have to know the risks, in the crypto world the risk is greater than the stock market,

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

Recently I was looking at statistics that venture capital platforms invested more in new projects than they did last year. This came as a surprise to me, given the current market uncertainty and the active phase of the crypto winter. Perhaps now venture capital platforms see the most value from investments, because in the future, with low costs, it will be much easier to pump such projects and get the most out of them. Moreover, these areas in the crypto industry are still of interest to many people in the industry itself and beyond.

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Quote from: Pelana vreo on August 06, 2022, 11:00:38 PM

Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

I'm not sure the new project will last, but I'm very happy to see new projects keep coming and being developed by so many people. despite the millions of dollars they have raised, i hope the project can survive in this market situation, there are many web 3 projects and some projects are doing mainnet with anti quantum blockchain they created, there is interesting thing because developers always put security first

Exactly, it doesn't matter how much millions new projects are raised, some will fail and some won't but only those that add real world utilities will survive on the long run, my advice for everyone is to choose projects wisely and only invest money you are willing to lose.

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

I'm not sure the new project will last, but I'm very happy to see new projects keep coming and being developed by so many people. despite the millions of dollars they have raised, i hope the project can survive in this market situation, there are many web 3 projects and some projects are doing mainnet with anti quantum blockchain they created, there is interesting thing because developers always put security first

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

There is always a good or bad view of the market. I find short-term trends always leave things that we can say about them a lot, both for quick profits as well as risk in general. Although I am not a full supporter of this field, I do believe in the potential they create, but perhaps it is too far from reality or imagination from the hype about them.

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Quote from: CuriousGeorge on August 06, 2022, 07:23:47 PM

you're literally could make good return in the long term by investing right now considering the trend, you're at least could get the best entry than everyone else.
it's just basic theory of trading, basically right now you're finding the real value of the coins. if you could find great quality project with relatively low value you could score tremendous profit in the long term.
so I think fundraising even in around the trend like this makes sense as long as you're investing in a good quality coin.

Right, but he is talking about Metaverse/NFT, maybe there are millionaires investing on them, but it doesn't mean that they will retain in this market. Once they get enough profit, they will get out and be on the look for the next craze.

And besides have we seen recently Metaverse/NFT that is currently on the works? or is the OP just speculating that there could be some in the future?

For long term investment and this is not a financial advise, just things that I have learned, it's better to put your money in crypto like BTC and ETH, those solid and prime movers.

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

Can you give examples of these "NEW" NFT/Metaverse projects that raising millions of funds?

Since you used the term "raising" meaning just on progress and not actually they already raised millions?

Checking the Binance NFT page seems to me that there's no hype there.

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you're literally could make good return in the long term by investing right now considering the trend, you're at least could get the best entry than everyone else.
it's just basic theory of trading, basically right now you're finding the real value of the coins. if you could find great quality project with relatively low value you could score tremendous profit in the long term.
so I think fundraising even in around the trend like this makes sense as long as you're investing in a good quality coin.

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Quote from: Pterosaur on August 05, 2022, 08:16:15 AM

Bear market is here but new NFT/Metaverse projects are raising millions of funds, I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.

But never do I see them, honestly. Have any projects gone high during this time? Can you please mention them?
I'm not sure what you are talking about but from what I saw, the entire market is down during this bear season. Metaverse and NFT projects, perhaps they are down first before the huge drops coming, people have no interest in them as what I know. And I can't really imagine hearing a surge, that is certainly a sort of manipulation - don't dare to invest that otherwise.

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Quote from: shinratensei_ on August 06, 2022, 05:33:25 AM

Quote from: kaseygriffin on August 06, 2022, 03:48:25 AM

The bear market is a way of testing if the previous hyped projects can survive, but I'm still skeptical about what the OP is saying about fundraising.

If you are feeling skeptical and why don't you check it directly rather than try to assume if the trend was not going like what OP said above? this will far better rather than try to not believe with others said. It's better if you are checking it directly. So many projects are still able raising the funds for the development purpose. You will find bunch of new projects that were able to do that. By the way this trend was also happening since a few years ago.

Only those who are afraid of not believing in cryptocurrencies are skeptical. Crypto is still developing day by day, if your idea or project is good enough, they will still invest in it, whether the market is good or bad. Investing for the future, for the future, that's a long-term vision. Many of today's top projects are also born during bear season, bear season is a fear of weak, trashy projects but an opportunity for real projects, they have enough time to train themselves to prepare for a big bull season in the future.

Topic: Millions are still been raised in this bear market - page 3. (Read 582 times)