Not all new Projects are bad, So take the Risk - page 11.

Japinat

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Quote from: bots1 on April 17, 2023, 08:55:44 AM

Quote from: Desscount on October 11, 2022, 09:12:59 AM

Quote from: bots1 on October 11, 2022, 08:35:56 AM

It's true that not all new projects are bad, but before investing in new projects, we really need in-depth analysis so that we don't get caught up in fraudulent projects that make us lose. But a good project that lasts in the long run is one that has strong fundamentals and has good utility and the team always solves the problems at hand.

I agree with you and sometimes some people don't think long when investing in a new project,
always consider the risk to minimize it by conducting in-depth research and analysis,
be careful before investing in any project

Right. People should know that cryptocurrencies have high price fluctuations so that apart from having big profits they also have big risks too. Likewise in investing in new projects if we don't do in-depth research then we will be trapped in fraudulent projects which will eventually suffer losses.

Every beginner should know this so that they won't get lost in the path that they are taking, I mean it's normal to have losses especially if you're just a beginner in the world of cryptocurrency but it is always much better if we have enough knowledge about the things we're investing rather than riding the hype just because the crowd is clinging to it. Remember that being a different is not always wrong especially if you know what you're doing.

Ahli38

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A new project can actually be a good opportunity for us to enter, but on condition that we have analyzed it carefully enough. recently we witnessed many new projects that have quite good potential. and I mean the L-1 and L-2 altcoin projects like Aptos and Arbitrum. and what is currently popular is the L-1 Altcoin which is getting a lot of attention from crypto users, namely the SUI Network (Sui). but no matter how good a new altcoin project is. we still have to know that Altcoins are high risk. so for me as long as we have enough profit then selling it is a wise thing. and still for the long term I think only Bitcoin is worth getting into.

bots1

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Quote from: Desscount on October 11, 2022, 09:12:59 AM

Quote from: bots1 on October 11, 2022, 08:35:56 AM

It's true that not all new projects are bad, but before investing in new projects, we really need in-depth analysis so that we don't get caught up in fraudulent projects that make us lose. But a good project that lasts in the long run is one that has strong fundamentals and has good utility and the team always solves the problems at hand.

I agree with you and sometimes some people don't think long when investing in a new project,
always consider the risk to minimize it by conducting in-depth research and analysis,
be careful before investing in any project

Right. People should know that cryptocurrencies have high price fluctuations so that apart from having big profits they also have big risks too. Likewise in investing in new projects if we don't do in-depth research then we will be trapped in fraudulent projects which will eventually suffer losses.

RussianEnglishTranslation

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As you know, there are a lot of new blockchains launching in Q2 2023, many of them with superior technical specs and features to currently used L1 and L2 chains. Shardeum for example allows thousands of normal users to be validators and is like Ethereum but with sharding. It's backed by WazirX exchange, which is the biggest exchange in India. SUI was created by former Facebook DIEM developers and can do over 150k TPS. Q Blockchain is EVM compatible like Ethereum and has 5 second blocks but the biggest upgrade that it has over the blockchains launched currently is that it includes a legal document called the "constitution" built into the protocol which protects users on the chain and enables root nodes to monitor and control validators. There is a DAO built into the protocol along with digital ID, staking, escrow, DeFi etc. and gas fees spent on DApps in the portal are redistributed to Q holders. It's also unique in that there are built in synthetic assets like USD, stocks and Gold. You can get the aformentioned coins and Q before it lists on an exchange by heading over to Zealy and performing simple bounty tasks.

Fredomago

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Quote from: jacafbiz on April 08, 2023, 01:36:52 PM

The thing about Crypto is that some projects have good developers but are bad in marketing, some have decent developers but the team have a good marketing team, some are just basic scam but the ones to look out for are the ones with good developers and a sound marketing team. The thing is that no risk, no reward, you need to take risks but try to make it a calculated risk.

You need to take the risk only if you do believe that you will be making something, whatever the outcome you won't blame anyone with how you invested your money, there's project that might bring something good even if it's a new one from the market, but with so many scams and failed investment you needed to learn more about how you sort it out for the best benefits for your investment.

Spare money or something that you can afford to lose whatever happens. You can move forward and forget about your failure.

jacafbiz

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The thing about Crypto is that some projects have good developers but are bad in marketing, some have decent developers but the team have a good marketing team, some are just basic scam but the ones to look out for are the ones with good developers and a sound marketing team. The thing is that no risk, no reward, you need to take risks but try to make it a calculated risk.

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Quote from: wheelz1200 on April 08, 2023, 11:25:43 AM

Quote from: Lordsilvabtc on October 10, 2022, 12:12:57 PM

I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.

I tend to disagree, most people lose going in on new projects. 50x maybe in the top of a bull run but there are no projects out there that's gonna 50x your money right now. Most of these new coins or tokens are just ways for the people who created them to get more money themselves. 99.9% of these tokens are not need and bring nothing innovative to the table. Just clones. I'd steer clear.

Absolutely right. If you look at coinmarketcap, there are thousands of different projects appearing every day, several of them. But almost all of these projects are created for the benefit of their developers and are of no use whatsoever. For a beginner, it would be wise to invest in bitcoin and not deal with altcoins. It is better to study the market first, gain experience and then try to find good projects.

wheelz1200

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Quote from: Lordsilvabtc on October 10, 2022, 12:12:57 PM

I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.

I tend to disagree, most people lose going in on new projects. 50x maybe in the top of a bull run but there are no projects out there that's gonna 50x your money right now. Most of these new coins or tokens are just ways for the people who created them to get more money themselves. 99.9% of these tokens are not need and bring nothing innovative to the table. Just clones. I'd steer clear.

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Quote from: Bay_Harbour_Butcher on April 02, 2023, 11:24:01 AM

I don't think all new projects are bad, but in fact there are indeed many new projects that are only listed for a moment and die, this is due to the lack of long-term utility of the coin, or is considered less attractive to investors. but there are also some new projects that can last a long time, so do more in-depth research on the project you want to invest in

Reason many new project are not worth to be invested into is because they're just copying already existing project and only created to benefit from the hype of the moment. This usually happens when new trends get introduced to the market.

When investing in new projects we just have to do our research very well so we don't fall to scams as we have many of them in the market. Always make sure you research on the teams before you invest to avoid getting scammed.

Also before investing make sure you look at the token distribution to understand the tokenomics of the project. Understanding the tokenomics will give you an idea how high the project can pump so you know if it's worth investing.

Fredomago

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Quote from: Ahli38 on April 05, 2023, 03:08:55 AM

Quote from: Boomber on April 05, 2023, 01:29:57 AM

indeed not all new projects are bad, but most new projects fail compared to success, therefore instead of me taking the risk of investing in a new project, then I prefer to buy Bitcoin, because I think investing in Bitcoin is safer than altcoin and definitely gives me profit too or maybe if you want to invest in altcoin, then you better to buy Ethereum (this is my personal opinion).

Indeed, the comparison of new projects that have experienced success and new projects that have failed. then the comparison is very far away. i.e. always more new projects that end up being scams. or even unable to fulfill the roadmap they made. so investing in new projects is only for the short term. i.e. enter when the hype is high and when the hype peaks we have to get out. or we will feel the loss.

investing in bitcoin is certainly the most appropriate choice if it's for the long term. and so did I. I continue to do DCA in Bitcoin accumulation. but I'm also still involved in new projects like Aptos, Arbitrum and now I'm waiting for SUI network, Taiko and many other layer 1 and 2 new projects which have quite strong fundamentals. and their ecosystem is even prepared in advance when their token/coin hasn't been launched yet. but yeah this is still a high risk. because I think it will be difficult to find altcoin projects that resemble ETH and BNB. so investing in new projects of course we must be prepared with the consequences of a high risk of loss.

Very important to understand the risk and the potential benefits, if you believe that there's still potential with the project that you will going to invest especially with new project who offers good future benefits, you also need to prepare yourself as the chance that you might burned your investment can't be avoided,

if the project failed or turned into scam, you need to be ready to move forward and forget about it, simply to say that in this business you need to know how to handle the risk and how you'll manage to take away your profits when the outcome turns into your favor.

Ahli38

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Quote from: Boomber on April 05, 2023, 01:29:57 AM

indeed not all new projects are bad, but most new projects fail compared to success, therefore instead of me taking the risk of investing in a new project, then I prefer to buy Bitcoin, because I think investing in Bitcoin is safer than altcoin and definitely gives me profit too or maybe if you want to invest in altcoin, then you better to buy Ethereum (this is my personal opinion).

Indeed, the comparison of new projects that have experienced success and new projects that have failed. then the comparison is very far away. i.e. always more new projects that end up being scams. or even unable to fulfill the roadmap they made. so investing in new projects is only for the short term. i.e. enter when the hype is high and when the hype peaks we have to get out. or we will feel the loss.

investing in bitcoin is certainly the most appropriate choice if it's for the long term. and so did I. I continue to do DCA in Bitcoin accumulation. but I'm also still involved in new projects like Aptos, Arbitrum and now I'm waiting for SUI network, Taiko and many other layer 1 and 2 new projects which have quite strong fundamentals. and their ecosystem is even prepared in advance when their token/coin hasn't been launched yet. but yeah this is still a high risk. because I think it will be difficult to find altcoin projects that resemble ETH and BNB. so investing in new projects of course we must be prepared with the consequences of a high risk of loss.

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Quote from: Rupok on April 04, 2023, 11:35:39 PM

I have no confidence in new projects, new projects seem risky to me. Although not all projects are bad but choosing a good project is very difficult.Some days ago I invest with a new project but later I lose my money.

New projects are the best choices if you want to make profit mostly in bull market, one mistakes investors make when investing in altcoins is that they do it during the bear market and that's not a good time to buy.

Bear market should be about buying old coins that have very good potential but now trading at a low price because of the bear market has hit them and all cryptocurency including Bitcoin is decreasing.

Wait for the bull market before you buy new project and you can sell out of the market before the hype of the new tokens dies. Also invest in project that have a working decentralized application and you won't regret it.

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indeed not all new projects are bad, but most new projects fail compared to success, therefore instead of me taking the risk of investing in a new project, then I prefer to buy Bitcoin, because I think investing in Bitcoin is safer than altcoin and definitely gives me profit too or maybe if you want to invest in altcoin, then you better to buy Ethereum (this is my personal opinion).

Rupok

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I have no confidence in new projects, new projects seem risky to me. Although not all projects are bad but choosing a good project is very difficult.Some days ago I invest with a new project but later I lose my money.Although the profitability of new projects is high but it is very difficult to select.The new project can give huge returns to the investor if successful but lose his entire money if not successful. How rational is it to make such a risky investment?New projects for those who are not afraid of losing money. But new projects are very risky for those who invest with limited funds.I always trade on binance exchange, binance seems very safe to me. Binance p2p transactions are also very secure.

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Quote from: libert19 on October 10, 2022, 08:48:15 PM

Quote from: Lordsilvabtc on October 10, 2022, 12:12:57 PM

A lot of new project has yielded x50
of my investment

Did you have these gains in current bear market? What tips you use in picking up projects?

I think if 50x profit is impossible during a bear market, because it must be very difficult for the price to increase very high when market conditions are not supportive (bear market), but investing in bear market is the right choice and hold until the market back to increase very high (bull run), so it's very easy to get big profits (50x profit is not difficult).

lobo13hf

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if you wanna score good returns, be sure to know the trend, had you known L2 gonna be massive, surely you'd scored massive return too, many L2 coins are gets decrease in its value after its release because of airdrops, yet they could recover easily after the course of few weeks, if you invested, you'd easily gain tremendous amount of returns in your investments, it's just matter of knowing trends.

cute nmp

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Not all new project are that bad although I can agree that there are more risky and one can easily become a victim of scams.Personally I prefer to invest in old projects when we are in a bear market and have make a decent profits doing so over the years.New projects can be very risky one has to make a lot of research before making an investment although few of them also have good concept and perfoms well in the market.

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Quote from: MiF on April 03, 2023, 06:08:51 AM

Quote from: Lordsilvabtc on October 10, 2022, 12:12:57 PM

I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.

Well you are lucky with the new project so keep investing into it. Many people are lucky in taking risk to earn but there are also some people that is not lucky on investing into it, the new project is risky yet also profitable if it will become successfully build because it is pioneering and if you are an early investors you will surely earn specially when the price of the token you invested rise up to 10x higher than the ICO price.

I consider this to be luck for people who continue to struggle on new projects even though they don't expect big things from the project but if they get a good project it's very grateful for them. so actually we don't get our hopes up with what could happen later.

MiF

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Quote from: Lordsilvabtc on October 10, 2022, 12:12:57 PM

I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.

Well you are lucky with the new project so keep investing into it. Many people are lucky in taking risk to earn but there are also some people that is not lucky on investing into it, the new project is risky yet also profitable if it will become successfully build because it is pioneering and if you are an early investors you will surely earn specially when the price of the token you invested rise up to 10x higher than the ICO price.

kevinzxz

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I'm a person who doesn't want to take a big risks, so I prefer to invest in old altcoin and of course already have product and useful (like ETH, BNB and MATIC), so it's safer to be an investment for a long term, then I just need to invest in these altcoin and hold until the bull run occurs, then of course the price will increase very high and I can get a big profit from investing in these altcoin (ETH, BNB and MATIC).

Topic: Not all new Projects are bad, So take the Risk - page 11. (Read 6089 times)