Topic: Need Suggestions About Investment in new projects (Read 370 times)

You are probably right that OP is shilling the project that he provided a link for and in my honest opinion, a project that requires such shilling never really deserves investing in. If a project is genuine and has a notable cause and products and services that serve a purpose and has something to offer to their investors and users, they would use normal marketing techniques to advertise their project, not like this.

Projects that have nothing else than a pump-and-dump token that they utilize to collect money through ICO investors will always have something that shows their reality. It is just that a person evaluating the project should have a keen eye for detail.

It is likely that the OP is just shilling their own coin as otherwise it makes no sense what he is doing, there are probably hundreds if not thousands of coins released each month and each one of them is more terrible than the previous one, at this point anyone with even the smallest amount of experience on this market will know the majority of those coins are nothing but scams and money grabs for the developers behind those coins, and they will know they have to avoid them as much as they can.

I don't understand why some people out of the thousands of projects on coinmarketcap you can't find any to invest into but those that you can see are the take my money and shut up, this is just one of the tokens in the space with no value and the team will likely pump and dump the tokens on you because if there is no demand the price will eventually die

I would say no and move myself towards more bitcoin oriented attitude. The problem is the out of nowhere projects are always horrible. This is worst way of having any project discussed. There is no official announcement of such project neither they have professional community. Most of the attention goes to project when it is in the discussion on Official forum. Such as this one with projects lead owners “leading” the official announcement here. Then we can talk about it and start discussing about putting real money in it. Better yet get out of it and invest in bitcoin or ether.

Obviously, the topic was created to shill a specific project

It is possible and necessary to invest in new projects if you want to get the most out of your investment. It is no secret that new projects bring the highest interest to their investors, if they have time to fix their profits and do not get greedy. As for this project, I would not invest in it. This is not investment advice, but only my subjective opinion. I do not know any successful project with the learn-to-earn business model, all of them, sooner or later, will die because of the lack of liquidity and the flow of new money into the ecosystem.

It is really quite hard to determine and examine the legitimacy and capability of new projects these days unless we do a series of research. We need to be keen observers so we will not fall for scam projects.
If you seek assurance over risking your funds in new projects, better invest with top and trusted coins. Since you already know their capability, you better invest and accumulate more and gain profit when the bullish season comes.

it is indeed very difficult to determine which projects will be good in the future, including the quiz project that you mentioned, if you have done research on the project and are confident in the project, such as the project development team, roadmap, etc., then invest your money but still an amount that you think is safe

Of course, I don't really follow the projects that are used by Pinksale, but I really can't remember a decent project that came out of there. And I always avoid this platform. And such proposals as questions also pass me by

Investing in a new project has a greater risk than the benefits that will be obtained later, especially since the project does not have a professional and experienced team and developers. usually the new project will disappoint its investors. I think it's better to invest in old projects which have great team and the Products are listed on Exchange and have lots of markets traded

Really want to advise you to stay away from such projects in the crypto space, keep your money for the market leading coins for safety as well as profit.
Familiarize yourself with the market to have your own research that suits you what criteria you can accept to invest, or gamble, be wary of projects that are not transparent.

Not sure if you've researched it?
But from my experience with this market there is absolutely no doubt that this is shitcoin, and at the moment we are focusing on the top coins as well as easier on the market trend.
Some things that I note to the OP about dyor, re-evaluate the basic criteria that come to mind, transparency, product, team, stakeholders,.... This is a place where it is easier to lose money than to make money, let's start from the most basic, don't matter big profit with a small investment that you can feel for yourself.

If you want to invest in crypto, you better find more information about the project so you can find out if the project is worthy of your investment. Of course, there is no guarantee that the old project will produce better results than the new project and to find out, we have to find out for ourselves. We also don't need to spend a lot of money to invest in one project and it's better to spread the money over many potential projects so that our profits can be bigger. Apart from that, this also prevents losses in one project if the project cannot develop properly because we still have investments in other projects.

Investing only the money we can afford is the main thing that we should be aware of because we will not lose all the money and can still choose other projects with more potential for improvement.

It's better to look for other projects if we are in doubt about choosing one project. I have experienced that but I tried to continue to invest in the project but it turned out that the project really couldn't improve and eventually disappeared. Fortunately, I don't use big money and only small money so my losses are not too big and I can profit from other projects.

For bitcoin, it is our biggest opportunity to invest so we should focus on accumulating more bitcoins. And while we are still buying bitcoin at the current price, we have to use it well so we don't miss it to get big profits later.

And funnily enough that is precisely what people do not want to do, and that is because DYOR requires a big deal of effort, as even if you find that the project in which you were interested on investing is a scam in less than half an hour, you will need to look at hundreds of projects to find one that could be worth your time.

And this means investing tens or even hundreds of hours in this process, something the majority of the investors and traders out there are not willing to do.

DYOR!

This is all you do need, you do need to have that indepth research about the project from WP to the team itself and its usecase. I havent searched or seek up on the link given but its up
to you whether it would really be a worth project to invest in or not. We do have our own criterias on choosing a good project, some might that succeed and some might that fail.
This is why if you do believe if its a good one then go ahead and dont let others be influencing on what are the decisions you would be making.

What I think is that, you might be low-key promoting  this website without being noticeable. Your said you're afraid to lose you money in investing with altcoins, but you find this amazing and unique? Seriously? If you really want the amazing one. Then put your money in Bitcoin, that's much safer than putting your money in some projects that could potentially lose your money. Remember that, it's not only the scam that will make you lose money, but failed projects as well, because of the tight competition in the market.

If you have no basis about researching a project then don't invest your money in a new project that you don't know about, we are not here to suggest it because in the future it will be fraud as well and don't look at the appearance of the website or anything else it doesn't mean they will be successful in trapping beginners to invest here.

I hope you stay away from obscure projects soon, now what is quite clear is investing in bitcoins not new projects.
Remember bitcoin has a long history, don't be tempted because quick profits in a new project are misleading.

I won’t recommend you invest in any new project currently, now we are in bear market, most new projects will find it difficult to survive in the current market condition even if the project is a good one. I will recommend you invest in existing project, now that the market is down, you can get those coins at a cheaper price, you can just buy and wait for bull run, it will be better than you risking your money on new projects.

In my option there is no any limitations one can select any project whether it is new or old. We know very well about old one but we do not analyze about new projects as we did not take part in it and did not trade it. I think that old one is better and more successful than new project. If you want to invest in Quiz then surely you will have get the details about it. It totally up to your fortune and the project will then become successful for you. I does not put large money in any coin and I does not put money in new coin as I have not such large amount to be wasted as new project has no guarantee.

Those doubts should be a sign to not invest in that project, I remember that when I first read about bitcoin and how it worked I was marveled about how something so incredible could exist.

And while I cannot claim that I understood everything about bitcoin back in my newbie days, I immediately knew that bitcoin was an opportunity like no other I have ever seen, but if your first reaction towards a project is to have doubts about it then you know there is something wrong with it.

I don't understand how good your project will be for the future. But if they can exchange with Binance exchange then it will be pretty much better. Also I think investing in new projects is very risky at present. Most of these projects are turning out to be scams. So don't waste time and money by investing in all these new projects. If you want to invest, you can definitely invest in good quality coins.