Not all new Projects are bad, So take the Risk - page 14.

abralzain17

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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.

In my opinion, to get profit when investing in a new project depends on the project. if the project is created by a great team and great developers with clear use cases in the future then the project will be profitable for anyone who joins it. preferably before investing in a new project, we should look at the road map that has been designed by the project team.

Hildentine

jr. member

Activity: 286

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Yes i think its true not all project are bad and you easily invest but its very risky because if you have no information about this so its so risky and you can't gain information about project so many people loss there fund so according to my experience is that first gain knowledge about project and see there road map so you easily invest in this project choose a good project.

cafee_orange

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Activity: 1036

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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.

nothing is easy when it comes to investing, there is definitely a risk in every crypto you want to invest. the bigger the risk, the bigger the profit that can be achieved!, bitcoin, ethereum, and binance are low-risk investments. but if you are consistent with a new project then you should do further analysis and research to reduce the risks that will be obtained.

Mr.right85

hero member

Activity: 1036

Merit: 674

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

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.

The term has never been, "do not invest in new projects". I think it's been more of, "Invest only that which you have afford to lose", "instead of picking an altcoin invest, invest I bitcoin", "90% of altcoin investments are scam projects", etc. That's more of what you've got for altcoins and in most cases, it haven't haven't prove wrong. Most of the projects turns out to be scam projects or just pump and dump coins. How does this happens? Its just as you've stated in the second sentence of your quote.

You invest (pump), it makes some 50x multiplier, you take profit (dump) and then you look for the next project. That's some typical pump and dump right there.

bitcoinmoney2021

jr. member

Activity: 97

Merit: 1

Goldeth.io

Investing in a new project can sometimes be profitable when you can find the right project and invest in the initial sale stage with a big discount and usually investors benefit once the project coin is listed on the market and the coin price increases beyond the initial offer price.

Generally: Big profit, big risk.

valeneu

newbie

Activity: 27

Merit: 2

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.

Not every new project will eventually fail, and investing in some new projects will make a lot of money in the early stages. Conduct in-depth research on new projects before investing, and investing in the right projects may have a greater chance of gaining more profits.

visionE2

full member

Activity: 616

Merit: 118

Quote from: Thuy Anh on December 16, 2022, 01:46:18 AM

To invest in a new project you need to keep watching its price in the market. Get to know its background team. Lots of new coins you sleep and wake up your money is gone. However, if you don't miss the opportunity for new projects, they will be profitable in the early stage.

Yes, I agree with you, investing in a new project is very high risk, but if the project is good you can also get very big profits. I think before you invest you should pay attention to this.
1. Don't be FOMO
2. Don't be Greedy
3. Don't CL
4. Don't want to Get Rich Quick.
5. Don't just buy coins without knowing the fundamentals
6. Make an investment (use cold money)
7. Don't forget to pray

vitya1982

newbie

Activity: 88

Merit: 0

Well, of course not every new project is doomed to fail or gonna be rug-pulled. But hundreds of coins pop up every day and most of them remain unknown. I'll stick to Bitcoin and a few altcoins that proved their safety.

Argoo

sr. member

Activity: 2352

Merit: 245

Quote from: Jawhead999 on October 11, 2022, 02:01:22 AM

In terms what the projects can be categorized as bad?

If you're only talking about the coin that doesn't make you get a good return is bad, even a scam project can do this because of their manipulation. It just depends on your timing when you're buy and when you're sell the coin, in this case you're don't care either the project is legit or scam.

If you're talking about the coin that doesn't have any use case is bad, 99,9% altcoins are bad since they're just copycat the past successful coin.

Of course, cryptocurrency is developing more and more areas of use, simplifying and facilitating our lives. Such useful projects still arise periodically and investing in them will bring good returns. But there are many more useless and fraudulent projects, and our profit will depend on how correct our choice is. The fact is that not only the usefulness of the project and its cryptocurrency determines success. The correct selection and professionalism of the team, the organization of activities and even the period of time for the implementation of such a project also play an important role. It is impossible to foresee everything in advance, and therefore even very useful projects sometimes fail.

lobo13hf

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Activity: 2268

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basically if you have all the abilities to make some analysis in regard of the project that you gonna be investing before hand even if the project is very new you definitely could always distinguish the good and the bad project therefore you have bigger chance of making returns, meanwhile if you just randomly threw away your money in some bad projects just because it's new and you haven't have any clue about the project potential then there is big chance you just losing your money.

Fredomago

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Leading Crypto Sports Betting & Casino Platform

Quote from: alexandr1115 on December 16, 2022, 12:43:03 AM

Quote from: Fredomago on December 09, 2022, 09:19:57 AM

Quote from: alexandr1115 on December 08, 2022, 01:49:30 PM

I think there are quite a few interesting projects! I personally find it interesting, as such projects develop the crypto industry. I believe that the Ethereum platform brings a very great development to the entire cryptocurrency sphere. Of course, projects need to be able to filter, and this is very important! a lot depends on how the project presents itself. It is very important to understand what problem the project solves and whether the project will be really useful for the cryptocurrency industry! There is no need to constantly focus on bitcoin, as alternative projects develop the cryptocurrency market much more and more widely!

Usages is very important, if new project offers something unique and the team are really working hard to continue developing and making sure that they are achieving the goals, road map and how it can help the community will bring interest to the market, there are many new projects but you need to really sort it out for you to find and invest with the real project that will help you to earn.

If you are luckier, you can find or invest in new projects that will gain the support of many investors.

It is important to note that the project should have a very clear and understandable idea - this is one of the important principles when choosing a project. It is also worth noting that it is very important on which blockchain the project is being developed, because it definitely affects the success of the project.

I agree with that, same with my statement clear idea that will collaborate with usages that will be useful, a system that not just being created for pump and dump purpose but to help in terms of doing transactions, I see your point with the blockchain since there are now good competitions in which developers can choose if what system they will create the project and how it will be established and attract more potential investors.

Quidat

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DGbet.fun - Crypto Sportsbook

Quote from: Xal0lex on December 19, 2022, 03:52:18 PM

Quote from: d3nz on December 17, 2022, 10:02:08 AM

There are only a few projects that really are worth it to invest, and most of them are doing an effort to provide the information and their future plan. But, sadly some of them are taking advantage of their investors and spending the funds on some underground business.

And that is why we need to invest what we can only afford on risk but still need to do DYOR or else, it's will just a loop that will happen and developers will scam investors all over again.

To prevent this from happening, developers are only given access to the collected investments in stages. As soon as investors see progress on the roadmap, they unlock a part of the fund to continue financing the project, thus preventing rug pulls and exit scams. Of course, such schemes are not implemented everywhere, but only where there is an active community and large investors. Projects without these two components are more likely to be scammed than others, so it is definitely not worth investing money in them.

One of the things that you should look in on where those investments allocation and it should really be having those fund lock and not having that huge allocation for developers which it is really
that prone to rug pull which is really something that we should really avoid on. I cant really blame out people on why they do really tend to be interested on some projects
because of those deceiving offers or something in related with returns or simply they cant really just making out some proper research before jumping in.
We do have lots of projects in the market which it is really hard to make in depth research 1 by 1.

Desmong

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Crypto bookmaker and casino

There is no harm in taking risks now since the market is down and almost going dip. I hope everything will go upwardly soon since the market is a little bit ranging and I hope that the price will go up especially for Bitcoin so that other coins can take the same move soon. The are some projects that is going to make us a millionaires soon.

Xal0lex

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Quote from: d3nz on December 17, 2022, 10:02:08 AM

There are only a few projects that really are worth it to invest, and most of them are doing an effort to provide the information and their future plan. But, sadly some of them are taking advantage of their investors and spending the funds on some underground business.

And that is why we need to invest what we can only afford on risk but still need to do DYOR or else, it's will just a loop that will happen and developers will scam investors all over again.

To prevent this from happening, developers are only given access to the collected investments in stages. As soon as investors see progress on the roadmap, they unlock a part of the fund to continue financing the project, thus preventing rug pulls and exit scams. Of course, such schemes are not implemented everywhere, but only where there is an active community and large investors. Projects without these two components are more likely to be scammed than others, so it is definitely not worth investing money in them.

KiaKia

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Vave.com - Crypto Casino

Quote from: ?? on ??

Why do you say this? You ate absolutely right on this but I prefer to invest in already known projects with big names. I will rather invest in a known project than invest in a new project with an anon team. I have to be investment wise!

The likes of you missed out of Polygon and Avalanche in 2019 because you don't want to get involved with new projects, Luna was another good example and those who lose money are those that failed to take profits, I understand you are trying to limit the risk but don't forget that you are also limiting your ROI.

MFahad

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Eloncoin.org - Mars, here we come!

I think it's better to buy new coins or potential old coins for short term. I understand that There aren't that many coins that pumped in 2017 then pumped again & made a new alltime high in 2021. If you bought near the top of some coins you might end up pretty disappointed next bull cycle.

d3nz

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There are only a few projects that really are worth it to invest, and most of them are doing an effort to provide the information and their future plan. But, sadly some of them are taking advantage of their investors and spending the funds on some underground business.

And that is why we need to invest what we can only afford on risk but still need to do DYOR or else, it's will just a loop that will happen and developers will scam investors all over again.

cryptops.exchange

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If you are going to be investing in new coins I would suggest looking for projects that are unique and innovative that can explain exactly how they are eventually going to earn a return for the hodlers. There are so many coins currently available with extremely high valuations that are only slightly different from each other and don't talk about how they are going to make steady income to be able to out last the many other similar coins.

Shamm

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Yes we are all agree that not all new projects are scammers or scam. Cause we all know that some new projects if you invested it then you can earn a lot money but the risk is too high because not all the time that projects you are going to invest with is will make you happy. And the other thing is some new projects is okay at first but when the time goes by then it will shock the whole crypto market so it's better to be safe.

Thuy Anh

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To invest in a new project you need to keep watching its price in the market. Get to know its background team. Lots of new coins you sleep and wake up your money is gone. However, if you don't miss the opportunity for new projects, they will be profitable in the early stage.

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