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Topic: Need Suggestions About Investment in new projects - page 2. (Read 370 times)

sr. member
Activity: 938
Merit: 292
Hello everyone, I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
Before investing in any new project an investor should know the project intensively. Especially the social media of that project should be well verified. It is also necessary to know whether the project has been audited by a third party or not. In bearish times, new projects do not get proper support from investors as per their goals. At the moment Bitcoin is showing a good potential. This is the time to be bullish. So if you research well and invest in good projects then there will be opportunities to profit from it. Since the number of scam projects are high, one should invest with caution.
full member
Activity: 812
Merit: 108
Hello everyone, I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
I wanna invest in quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

I think you need to be more vigilant and cautious.  This may not be the right time to invest in new projects - first, the trend is not really clear.  second, bitcoin is in the recovery cycle of the market, the competition is getting fiercer.  Third, it is possible to seize more opportunities to generate better ( bitcoin, ETH, BNB… ) returns instead of having to choose a new, higher-risk project.  There are too many fake projects every day and it is possible that we will have wrong judgment even if some people have a lot of experience.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
I'm finding a way for the project to earn, so that the token will have value, but it seems like there isn't any.
Maybe the Code2Earn feature where you will outsource your codes to other clients. They might have a portion on the payment, but what if there isn't that clients? The token will have no value.

Monthly active users and the daily new users might seem attractive for those newbies since they might believe that there really are many who are using the project, but the truth is, anybody can just input any amount of users in their own website. I'm not saying that the project is a scam, but if it's me, I will not invest into this kind of project.

They are just alluring newbies to their Quiz2Earn feature where you can earn just by answering the question. There are some other ways there for the users to earn, but that isn't sustainable in the long run especially if the company doesn't have a way to earn from their project itself.
member
Activity: 2044
Merit: 16
Everything you do in this industry will always be the decisions of your like and regarding that matter of investing to a new project will always have a mindset and DYOR is the first comes to it before going at it. Always look for a good project that has great backers, team and what will be the project is all about. Web3 and AI is the trend today, so better give that look first.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
Hello everyone, I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
I wanna invest in quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

In order for you to earn choose the coin that has already a value and that has an active team behind the projects dont invest in new project specially during the bearish season there are so many project that is scam and we need to be careful in choosing, i only invest in coin that has a good team and transparent specially the team that already build a succesful project from the past and build a new one they have a good reputation.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
If you are hesitant to invest in a new project, you shouldn't try it because it requires in-depth research and a long time to find. You should find more info about the project you want.

I've never heard of the project and as I said, you should find out more about the project so you can make the right decision. And be careful with this because we don't know if the project will develop well or if it will become a scam in the future.
Even in an old project, if we are hesitant or in doubt, it will be better to not do it. Investing is only best if we are confident. Researching helps us better to decide if we will consider the project or not but we must always prepare for any possibility if we pick a new project because some of them are only good at the beginning and at the middle but later on, they can fail.

We can apply the famous rule in finance which is to invest only the money that you can afford to lose. There are people whom I know who only treat new projects as a short term investment but I think they will only re invest on the project again if they think the project is stable and doesn't have a questionable future.
sr. member
Activity: 1512
Merit: 397
PredX - AI-Powered Prediction Market
I have looked at the website and to be honest I am not sure about the tokens you will have invested.  I mean what value can I get from investing in that project.  Everything that was explained on the project was something uninteresting that would have made me invest a few dollars there.  Actually I was suspicious about the project but I can't judge it because I'm not good at investigation haha
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
Nice ideas when promoting some new coins project did by OP between asking about potential or not with new coins https://quizbox.finance/ or he tries to promote with this project here. I checked this coin still on pre sale and launchpad at Pinksale, there are depend on your hand looking for how interested or potential with this coins or not. But when joining with launchpad or presale coins on Pinksale need to check how rule adopt with pre sale, will the costumer earn 100% coins or need vesting few percent every month.

Second option is not worth because can't guarantee with this project keep exist for long term, if OP excited with this coin need get 100% launchpad coin on Pinksale without vesting yet.

This is also what I was thinking, I suspect that it is the OP who owns the project, and it seems like they are changing the form of advertising, and it is smart to ask about the potential of the project instead of advertising the project publicly. I have not checked the project as I think it is like previous scam projects also introduced by newbies on the forum. My view of such projects is that they are Ponzi schemes and scams, which will only last for a short while.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
I suggest investing in big coins like bitcoin, ethereum or bnb. or, if you really believe in this project, you just need to invest in this project. however, based on what many people have suggested, there is nothing special about this project, and it is not recommended to invest. there are still many things that need to be corrected from the project. so, it would be better to invest in popular coins with large volumes.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If you are hesitant to invest in a new project, you shouldn't try it because it requires in-depth research and a long time to find. You should find more info about the project you want.

I've never heard of the project and as I said, you should find out more about the project so you can make the right decision. And be careful with this because we don't know if the project will develop well or if it will become a scam in the future.
sr. member
Activity: 840
Merit: 292
    -    Investing in a new projects will always depends on how you investigate or research it. If you know the right procedure and tools to find out if the project has a real potentials, I could say that you can able to choose the best investment here in cryptocurrency but if not your capital will be turn only in loss for sure in the end.

But if I were you must focus in learning for awhile here in this field of crypto space. And you must always be cautious in investing in a new projects too.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Hello everyone, I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
I wanna invest in quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,
Could you be more specific? What makes this project that amazing that you find yourself being tempted to invest in it when most people do not even know that such a project even existed?

Stop wasting your time with developers and their coins which make a lot of promises but at the end they scam you, after all you should know better as you are not really a newbie anymore and you have more than one year of experience on this market to still believe those altcoins have the potential they claim to have.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
It's another scam project my friend. quizbox claimed to be backed by binance but i never heard that if binance even announcing it. It's another false claim that already made by scammer behind that project. Don't be fooled by stupid evelopers who have used binance's name to create false claim.

Binance was mostly backing the new project through binancelabs. That means if it's a fake claim. I have marked it as a scam project.



Look at that. How that scam project was also making another false claim. I have been browsing some apps named quizboxes and these apps have only 50 - 1000 times download.

1.3 millions monthly active users were just fake
hero member
Activity: 2366
Merit: 504
it doesn't seem like coin that have real utilities and gonna have place whatsoever, I don't think investing in that coin will yield good results.
try finding projects that are supported by big investment firm and venture capital so that you can be sure you're investing in the right place, after all investing in random projects might get you losing your money.
apparently, there has been many projects that have unique concept but fail miserably because they're not that practical.
hero member
Activity: 2590
Merit: 644
Hello everyone, I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
I wanna invest in quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

^This is not good, you should not ask for financial advice from anyone else, you must have your own research.
It is good to take a thoughtful and strategic approach when investing in new projects. Here are my personal factors that can give you an insight into investing new project, you can increase your chances of success and make informed decisions about where to put your money.
First, before investing in any project, it is important to determine your risk tolerance. If you are willing to take on higher risk for potentially higher returns, then you may be comfortable investing in newer or more experimental projects. However, if you prefer a more conservative approach, you may want to consider established projects that have a track record of success. Because for me, investing in a new project seem to like are gambling your money. I don't know quizbox but if it is new, you should be aware by now of what I suggested above.
hero member
Activity: 2828
Merit: 518
Hello everyone, I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
I wanna invest in quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

Don't get enticed by their promising look and words from the owner of any projects but tried to know deeper just to see the real thing about the project.
You are right, most of these new projects are scams and it is possible that #QUIZ is one of those projects. We are not sure this time but I was having a doubt about this project and felt the huge risk of investing in this.

I'd suggest you to better consider those projects that already have a working product just to assure that it was not a scam rather than spending some amount on something new that is prone to scams. Many AI projects had come out and so we must be careful when choosing them.
sr. member
Activity: 2422
Merit: 357
How can you tell its an amazing project and a unique one? What’s your basis for this?
Anyway, investing on a new project for a beginner might not be ideal because of its risk and because of some projects are scam as well. If you want to be more safe then invest with Bitcoin first and invest with the top altcoins while you are still learning. New projects doesn’t mean a good investment, you have to choose wisely.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
You want to invest here, then do it if you really think this is something unique and you can still be there.
I think that's fine with that but when it comes to advice then I think you better stay away from it.
It's not a matter of not needing profit or hindering the intentions you have planned, but in this condition the result will be the same as some of the projects that have existed before. maybe for the hype and the initial increase it's still possible it's just that this won't last long I think.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
Looks can be deceiving, infact the point of them having a website, white paper and all is for them to make themselves appear real to intending customers, most new projects employ capable hands to make up the project to seem profitable and even futuristic.


The truth is that when a projects white paper looks too real to be true make sure to even go further in your research, the chances of that project being a scam is high especially if it doesn’t have an concrete positive reviews.
sr. member
Activity: 1722
Merit: 269
Hello everyone, I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
I wanna invest in quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,
Website: https://quizbox.finance/

I have never heard of that project before so i don't really know to much about it obviously but i just took a quick look at their website and i have to say, that i personally would definitely not invest into that project. First of all, as others already said, i don't really see where their tokens is needed or where the demand for the token would be created. That you get free tokens for doing the quiz is a fact that only will devaluate the token even more.

Also i see that their are listing Binance as their backers and i am 99% sure, that they are not really backed by Binance at all. Probably they are just using the BNB chain as their blockchain. So to say that Binance is a backer is a very shady move and that alone should be a big red flag to everyone.
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