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Topic: Not all new Projects are bad, So take the Risk - page 16. (Read 6089 times)

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.
perhaps, it was a very usual issue that we experience in investing in new projects which is very alarming or discouraging people to invest in them.
If I invest in crypto, I'd never spend a lot of time digging and searching for legit new projects but directly go for known and potential coins already like BTC and ETH. Because it found out that even if we do research this won't guarantee safety, many projects have a good start but in the later part, they turn into scams.
Right. I agree with you that instead of investing in new projects that will not guarantee security, it is better to invest in coins that have been tested and have strong fundamentals. Moreover, lately, there are many bad new projects that offer good concepts but in the end, turn out to be scams.

Indeed, there are many new projects that turned to scam, investors who entrust their money after doing research are being victimized. Cases like this is no longer new as even you think that the asset have great potential but in the latter part of developement or most of the time it won't pushed that much and will completely scam away.

Many people think that the new project is a scam and there is no hope of getting big or profitable, people prefer old projects that already have a strong position in the market, but as traders we have to be able to read the opportunities, we can only get 10x even 100x profit in a year if we invest in new projects.

If you are a risk taker and you are willing to take your chance new project is the best place for you, investors who have a gambling mind into this business, most of the time they are the one who are lucky to ride along those new projects who pprovides great success.
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
Many people think that the new project is a scam and there is no hope of getting big or profitable, people prefer old projects that already have a strong position in the market, but as traders we have to be able to read the opportunities, we can only get 10x even 100x profit in a year if we invest in new projects.
Of course investing in new projects is an opportunity to get a greater satisfying profit. However, to be able to find a good new project is not easy, especially now that fraudsters are doing various ways to get money from investors through the new projects they offer. Therefore, we must be observant in investing in new projects and must also be prepared with all the risks that will be faced later.
member
Activity: 1078
Merit: 12
Many people think that the new project is a scam and there is no hope of getting big or profitable, people prefer old projects that already have a strong position in the market, but as traders we have to be able to read the opportunities, we can only get 10x even 100x profit in a year if we invest in new projects.
member
Activity: 2044
Merit: 16
Not all new projects are bad and having a good research of the project before putting venture to it is a wise decision to take minimal risk in this industry. Following the saying "invest want you can afford to lose" it's a wise decision hence in crypto is very volatile, anything can happen within a day. That's why DYOR is always to prioritize.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
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
"Risk-free" is too overexaggerating. Still make an investment in a brand new project always take a caution with reading any informational piece available on those projects from whitepaper, website, social media and etc. You could of course make a decent profit once they are "ready" and can hit the exchanges also can manage the price for most of the projects are failed to do this.

But looking at how new projects doing nowadays, it's hard to find those profitable projects. Only few remains within long-span of time.
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market

Cryptocurrencies are inherently risky, but not all new projects are bad, and there are hidden gems in them.

Experience is the best teacher in life, we rely on experience, analyze often and choose to invest in new projects selectively, to minimize the risk of loss of funds.
Indeed, investing in Cryptocurrencies, especially in new projects is risky. While not all new projects are bad, most new projects these days aren't promising either. For example, there are many new projects after successful sales, but the tokens are not listed on the market, and there are even tokens that can be sold but have no price or are of very low value. So we must be prepared for all risks when investing in new projects and most importantly, never use money for daily needs, let alone debt money to invest in new projects.



Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.
perhaps, it was a very usual issue that we experience in investing in new projects which is very alarming or discouraging people to invest in them.
If I invest in crypto, I'd never spend a lot of time digging and searching for legit new projects but directly go for known and potential coins already like BTC and ETH. Because it found out that even if we do research this won't guarantee safety, many projects have a good start but in the later part, they turn into scams.
Right. I agree with you that instead of investing in new projects that will not guarantee security, it is better to invest in coins that have been tested and have strong fundamentals. Moreover, lately, there are many bad new projects that offer good concepts but in the end, turn out to be scams.

[moderator's note: consecutive posts merged]
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
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.

Starting from the fact that there's no risk free investmrnt especially in crypto. But If you want to invest new projects, go for it. No one, not even most experienced people on here can tell If it's going uo or not. And If it's low enough maerkercap it could hot 1000x before any of these experts had heard about it. And it could still be low marketcap voin that no one has heard of.

Always listen what experienced people have to say but don't take their advices on investimg. They are too careful because they most likely have more money then you and don't like to risk it. You can risk yours.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
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 how many percentages of the new projects are successful so far? It is smaller than the failed ones and the shit projects.
What makes it more important is how many people are able to find the legit project truly and earn money from it. I am not sure that everyone will be able to find it. It seems like it to be gambling to get the legit projects and shit projects, right? Can you guarantee that the new projects that we are following can be worthy always? Not at all. I know that not all new projects are shits. But only very few can be counted on fingers that they are successful so far. I mean that successsful for longer time, not for pump and then dump the market. 

In the world of altcoin, there is no such thing as successful because everything is still under development, it is that some just take longer to get busted.  I think we shouldn't let ourselves be attached to any altcoin project, let's deal with it without emotion so that we won't be at the losing end.  What we should focus on in engaging in altcoin is that, if there is profit, we must exit and take the profit with us.  Because one time or another, these altcoins will eventually make an exit scam.

Be wary of pump and dump and take advantage of it.  As an investor, what matters is profit, and huge profit can be seen on a new project so I agree with anyone on the reply that states, new projects bring more profit than established ones because it is way cheaper and has lots of room to grow.  But of course, we must be vigilant and do our own research because new project may give huge profit, the risk involved in it is gigantic.

Looks like never ending loop for crypto investors, we make nice stack of altcoins buying cheap during bear market season then keep investing in the new projects. At the end of month, something happens and devs decide not to continue with this project or even they try to scam investors. That is simply not acceptable but lack of regulation makes it much possible, why they should afraid of being scammer. This is how majority of projects exist nowadays.

As long as investors patronize the creation of a new project, developers both honest and fraudsters will continue to create new projects.  So investors are trapped in an infinite loop of a new project, investment, pump and dump, and exit.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
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 how many percentages of the new projects are successful so far? It is smaller than the failed ones and the shit projects.
What makes it more important is how many people are able to find the legit project truly and earn money from it. I am not sure that everyone will be able to find it. It seems like it to be gambling to get the legit projects and shit projects, right? Can you guarantee that the new projects that we are following can be worthy always? Not at all. I know that not all new projects are shits. But only very few can be counted on fingers that they are successful so far. I mean that successsful for longer time, not for pump and then dump the market. 
legendary
Activity: 2772
Merit: 1028
Duelbits.com
I agree, not all the projects are bad. It's about analyzing the projects and make sure they are transparent about their operation. I have staked BUSD in MYSTFinance for about 30 days now and been earning a solid 0.5% daily without any issues. Not promoting them and always #DYOR but just sharing a project I strongly feel about.
Of course, not all new projects are bad. but to be able to analyze projects and make sure they are transparent is very difficult because recently there have been many new projects offering good concepts and creating teams that appear to be transparent but in the end, they disappear after getting money from investors.
Looks like never ending loop for crypto investors, we make nice stack of altcoins buying cheap during bear market season then keep investing in the new projects. At the end of month, something happens and devs decide not to continue with this project or even they try to scam investors. That is simply not acceptable but lack of regulation makes it much possible, why they should afraid of being scammer. This is how majority of projects exist nowadays.
legendary
Activity: 2240
Merit: 1131
DGbet.fun - Crypto Sportsbook
Of course, not all new projects are bad and taking risks is a good option, but investing in new projects may not be a wise choice when the market is in a bad time. :) I think we should always follow Bitcoin first. According to Bitcoin's movement, we can solve the condition of the market. According to the condition of the market, we can come up with ideas about whether we should invest in new projects...
newbie
Activity: 4
Merit: 0
I agree, not all the projects are bad.

I've created new positions in 4 new projects in the past 2 months.   Wink
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
There are good projects, but this encryption market is brutal. Many good projects cannot withstand the engulfment of capital. Only Bitcoin is out of capital control.
but no matter how good the project is that is currently running in a situation like today, it is indeed difficult to predict that it will be able to continue to survive the storms that continue to rock crypto. so prices are indeed unstable and even tend to continue to decline and result in many holding back from being able to participate and invest their capital. it must be remembered that even if the project is good but no one wants to join, then that will be a disaster that will be faced, then the capital that has been obtained may be eroded from the development that must be carried out, on the other hand, the capital that should have come in has not come because purchasing power is currently declining .

That impact the whole process, even the project is good but if there's no one is willing to take part due to the current market, it will delay the hypes, investor/trader should understand the importance of every market movement, the timing will bring a decent amount of benefits since if you invest with a project that have good fundamentals and there are flowing money inside the market.

Chances of seeing more growth and numbers of multipliers with your initial investment may take place.

All will depend on how you really project and how you trust the team who offers the asset.
newbie
Activity: 2
Merit: 0
I agree, not all the projects are bad. It's about analyzing the projects and make sure they are transparent about their operation. I have staked BUSD in MYSTFinance for about 30 days now and been earning a solid 0.5% daily without any issues. Not promoting them and always #DYOR but just sharing a project I strongly feel about.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
There are good projects, but this encryption market is brutal. Many good projects cannot withstand the engulfment of capital. Only Bitcoin is out of capital control.
but no matter how good the project is that is currently running in a situation like today, it is indeed difficult to predict that it will be able to continue to survive the storms that continue to rock crypto. so prices are indeed unstable and even tend to continue to decline and result in many holding back from being able to participate and invest their capital. it must be remembered that even if the project is good but no one wants to join, then that will be a disaster that will be faced, then the capital that has been obtained may be eroded from the development that must be carried out, on the other hand, the capital that should have come in has not come because purchasing power is currently declining .
legendary
Activity: 1890
Merit: 1537
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.
Always do your research, the safest coins are Bitcoin or Ethereum, but the downside is that you will not get rich just only earn some gains because they already have a high value. Look for coins that have great partners, as these partners will help the project succeed and move forward. I don't like new projects because they are very risky, but in my opinion, if it is money you can lose, you can risk it and try your luck. My wallet has XRP, Cardano, Matic, Gala, and Hedera in the long term but in the short term, I now have Algorand coin because they participated with FIFA and hopefully, the ALGO coin will pump at the time of the World Cup 2022.
newbie
Activity: 27
Merit: 4
There are good projects, but this encryption market is brutal. Many good projects cannot withstand the engulfment of capital. Only Bitcoin is out of capital control.
sr. member
Activity: 1288
Merit: 305
yes
Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.
Investing in new projects is very risky but it's a risk worth taking. There every probability that it will fail and there's also every probability that it will be solid. Before investing in new projects, there should be backup research about the project, the moderators behind it and it's purpose in the space. Every project have their ultimate target and on of them is yields profits not just to themselves but also the investors inclusive. Any projects that only it's profits and beneficiary is only the the moderators is scammed because investors are the ones that push the project further.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.
perhaps, it was a very usual issue that we experience in investing in new projects which is very alarming or discouraging people to invest in them.
If I invest in crypto, I'd never spend a lot of time digging and searching for legit new projects but directly go for known and potential coins already like BTC and ETH. Because it found out that even if we do research this won't guarantee safety, many projects have a good start but in the later part, they turn into scams.

Maybe some might proceed and list the project into good exchange but then again the assurance that it won't scam investors are unsure because there are chances that they still aiming for much better cut and if they reached the amount they will leave the project and drop the price making the project collapse then scam out and runaway with the money that they collected from the time frame that they exist.

Not all are bad but most are, you really need to have a big-nerve when taking the  risk of investing with new project.
sr. member
Activity: 2660
Merit: 339
Investing in new projects mainly needs time to examine the project those behind it and purpose and duration for the project. One getting faster to find the right projects which will make him lose money are easily found these days. During the day and low claiming people money. For a successful projects, there must be hard work combined with discipline and people running it will have ultimate target. Concerning not all new projects are bad, take the risks, one must be extremely careful not to fall victim and hope getting the best side of life with trading crypto at ease.
Yeah, still lots of people look at the hype, meaning the project could be as bad as it gets, doesn't matter how terrible it is, if there is a hype around it and the community is pumping it then it could get investments from newbies.

One of the biggest examples of this was safemoon, too many people trusted that safemoon would do well, and there were thousands tweeting about it every day, and everywhere you look you would see someone shilling for safemoon. Where is it right now? Nowhere to be found. Because, it didn't have strong fundamentals. Just because something has hype doesn't mean that it will do well, it just means there are more people willing to lose their money.
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