Topic: Not all new Projects are bad, So take the Risk - page 20. (Read 6089 times)
Recently, anyone interested in the new project Aptos? I see a lot of airdrop hunters and they have made huge profit from this APT. The highest price at which APT is listed is $50, meaning each airdrop participant will receive 150 APT equivalent to $7k5. This is a huge profit in this bear season. This is a new project that just hit the market and is invested by top VCs like Multicoin Capital, FTX Ventures and Coinbase Ventures...It can be said that not all new projects are bad and fraudulent, there are still many potential projects that we do not find and do not trust in the first place. I believe many people will not invest in APT because it is a new project, but when it becomes the 2nd solana and reaches 100$ everyone will rush to invest.
Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects. Because every loss you experience, no one will be responsible for it
loss will always occur in every investment and its be our obligation to manage it by doing research on every projects we want to buy. We now alot new projects was scam but it doesnt mean we generalize it , few of them atill have good quality. Just look at aptos which be viral due their airdrop now , they reach billions cap at first day. 
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.
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.
Yes, some of the new projects are also good ones too but how will you differentiate between a good project and a scam project at an early stage like the ICO etc ?
It is not easy to distinguish between good and bad projects unless you wait for the project to be established but by that time the price of a good project is already very high so you might not be able to get the advantage of early investment. You might take risks with very limited money in new projects so in case the project turns into a scam you won't lose much.
Yes, there has been a fraudulent project since 2018 and I can hardly tell the difference because the team left because they planned it from the start.
for new projects that have exchange partners such as FTX, Binance and Kucoin gaining better trust than other new projects, the exchange invests in new projects that cause other investors to want to earn big profits.
Even scams and frauds in the crypto world have existed since before that year. Many projects declare that they are legit, promising, and even require KYC, but in fact, they are just scams. I remember lots of projects that seemed legit but after years, they didn't send tokens to their investors and participants, in fact, they left the project without ever being listed on the exchange.for new projects that have exchange partners such as FTX, Binance and Kucoin gaining better trust than other new projects, the exchange invests in new projects that cause other investors to want to earn big profits.
And I do agree that if there is a promising new project, it may be the one that is able to list their token or listing on the top exchange backup with strong real teams. If they list the token in the low exchange without any good trading volume, this will end as shit coins. even though the tokens are listed on the top exchanges, they will also not really guarantee. For, only those who really make strong and professional teams that can develop their project seriously, with high fundamentals and also continuous development progress.
Many investors simply do not analyze new projects enough and lose money, and then they tell you that you should not invest in new projects. A new project should have a large community in social networks, there should be constant updates. Need to watch the roadmap and releases of the project, whether they coincide with the date on the roadmap. You need to look at who the investor is and what the tokenomics of the project is. You need to look at where the project is presented, on which exchanges. You need to look at the project team, whether it is anonymous, what projects have been engaged in the past, etc.
All this, in general, gives us an idea about investment attractiveness of the project, but most do not study anything of this, but just see how some influencer in social networks talks about how this coin is cool and it is necessary to buy it.
after bitcoin scored ATH last year crypto became a trend in several social media and some countries and attracted some new investors to start investing in crypto without knowing how to see new projects that have good opportunities for the future as you mentioned.All this, in general, gives us an idea about investment attractiveness of the project, but most do not study anything of this, but just see how some influencer in social networks talks about how this coin is cool and it is necessary to buy it.
and these new investors may only see from the history of soaring prices of memecoins such as doge coin which has been trending on twitter and some new investors try to find new projects like dogecoin and start investing without good knowledge. so they get a new project which ends up being a scam
It started in 2017, when cryptocurrencies became widely known. It was the beginning of various scams, with people investing in everything, thinking that it would bring profit in the same way bitcoin brought profit to its investors. Then it became clear that a good choice of coin to invest in comes only after a series of failures and losing money on various shitcoins. People are very often subject to noise in the space when it comes to making money. This noise most often comes from scammers or manipulators.
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 guess investing in new projects is just up to our individual’s choice. No one can tell what will be the outcome of the new projects as the market itself is very unpredictable. But i suggest if you are a newbie, don’t invest on new projects as they have high risks that will only waste your money and time in the end. Focus on bitcoin or ethereum as can they can give us quite sure profits at the end of the day. Only then when you start making profits from them, then it’s good to diversify your investments by taking some risks investing in new projects. 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.
Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects. Because every loss you experience, no one will be responsible for it
~snipped~
It means, if you invest into 50 things, you could have 1 or 2 things that does 100x and cover all the costs, if you then use it to buy into another 500, that would give you even bigger chance. So, the more things you get involved with, the more chances you will have to profit from the brand new ones.
You really need to be careful who you take advice from. Yes, the profit potential on newly released projects is likely higher (depending on presale conditions) but older projects that are still actively developed (like ICP and FTM) and are down 90%+ will likely return to their ATH soon and give you massive returns.
Don't put your egg in one basket, as they're no guarantee of these old projects returning to their all time high. Project like Xrp couldn't return to their all time highs same as Litecoin in the last bull market. There are many projects like this that didn't make it back up and these same experience will repeat itself when we get into the next bull market. I see many metaverse coins in this same situation as majority were just bought on hype as they have nothing to offer yet and many aren't building in the bear market.
If you're interested in older projects then only invest in those building during the bear market and not those that are just waiting for the bulls to return to start marketing from influencers to get the hype back that they lost during the bear market
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.
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.
Yes, there has been a fraudulent project since 2018 and I can hardly tell the difference because the team left because they planned it from the start.
for new projects that have exchange partners such as FTX, Binance and Kucoin gaining better trust than other new projects, the exchange invests in new projects that cause other investors to want to earn big profits.
Different with new projects that don't have a lot of capital, they have a large community, with that community, the project can run like Bitcoin and other top Altcoins.
The community is certainly the key to being able to make the project survive or not, Bitcoin and Top Altcoins are certainly supported by a loyal and solid community, even memes coins like Doge and Shiba also have a large community and often make events offline so that we have to be optimistic with new projects .
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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.
Yes, that's true. I don't also believe in hasty generalizations too. I try to factor in the fact that what works for one may not work for another. I've benefited maximally too from newly launched projects I bought and they performed unbelievably well with ROI out of this world.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.
It means, if you invest into 50 things, you could have 1 or 2 things that does 100x and cover all the costs, if you then use it to buy into another 500, that would give you even bigger chance. So, the more things you get involved with, the more chances you will have to profit from the brand new ones.
unfortunately some of them only come to take profit to get rich quick. This actually makes them continue to lose. I don't mind beginners entering the market and even buying new projects, but they always believe that investing in one project will make them rich. this makes me sad.
That's happening so many times newbies who have become millionaires caused by they were buying the right project. You must also remember what happened with early investors of bitcoin and ethereum. So many people in the past called all of them stupid enough but they were making millions from buying at the bottom and then sell at the peak price. The chance is always there as long as you wanna try to get it. Investors in the early years of crypto cannot be compared to their counterparts from 2017 to today (especially after the launch of the Ethereum network, which made launching tokens much easier) due to the large difference in the number of projects launched compared between the two periods.
Today, we have more than 20 thousand cryptocurrencies, according to Coinmarketcap, and this number is on the rise, without considering the currencies that have been abandoned.
The selection process is getting more and more difficult with the emergence of new projects every day and it becomes the safest choice to invest with classic currencies.
If you are not ready to lost your money to the market, then stay off new projects. New projects are highly risky regardless of who is promoting the project. Shit do happen that's why influencers even with good intentions do add NFA- Not Financial Advise. At the end of the day, it's a huge risk.
This strategy is more typical for beginners who want to earn a big profit within a short period of time. As a rule, they have a small budget, and hope to increase it thousands of times, without having basic knowledge about how the cryptocurrency market works.
Yes, and that is very dangerous for newbies because of the risk as well. You can't blame them if they have small capital, majority of us started like that, but if they will look for some shitcoins and meme coins and think that it will make them millionaires then they are all wrong.
They should stick with the basic top 10 altcoins because after all they just have the beginner's mindset. And they have to really learn first and understand how the market works and not just put everything to risk, in my opinion.
If you are not ready to lost your money to the market, then stay off new projects. New projects are highly risky regardless of who is promoting the project. Shit do happen that's why influencers even with good intentions do add NFA- Not Financial Advise. At the end of the day, it's a huge risk.
This strategy is more typical for beginners who want to earn a big profit within a short period of time. As a rule, they have a small budget, and hope to increase it thousands of times, without having basic knowledge about how the cryptocurrency market works.
crypto has a high risk especially with the current market conditions we have to be careful in making decisions,
it's better for beginners to focus on improving their knowledge and skills
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.
Even though I don't really like investing in just about any new project but this as you also claim, investing in new projects does not mean they are all scams and cannot grow, Bitcoin was once a new project and many people didn't believe in iit then and some people still don't believe in it now even with all it has achieved.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.
However, always take time to do the due diligence of checking out the project and all that needs to be done before investing, and don't forget to take profit once it happens.
Yes, everyone is free to choose what they want, but before you really want to take a decision that involves a high risk, it's better to research it first, don't just enter during the hype and leave after the hype which results big losses.
Investing in a new project is really a big risky thing but if one can accept this risk and if one has a big experience of investing in new projects then he can do it because if he can invest his money in a good new project then it will give him a It will give big profit than other projects. So it is not a wrong decision but it is very risky . Before investing in a new project, definitely recharge multiple times and think deeply about itthis only works if the person has a lot of money that he can afford to lose, in which case when a person has a lot of money that person can take his money and try his luck putting money in several projects, if one gets it right then he will make a profit and if all projects fail then he loses everything but as he has a lot of money then he will not miss the lost money, but a person who has money who wants to make profits because he needs those profits then that person will manage his money wisely and will put money in a safe investment like bitcoin and remembering that even bitcoin drops in price, so it's already a risk that people are aware of. while in new projects the person will lose everything, this is a risk that is not worth it, this market is already saturated with new projects
If you are not ready to lost your money to the market, then stay off new projects. New projects are highly risky regardless of who is promoting the project. Shit do happen that's why influencers even with good intentions do add NFA- Not Financial Advise. At the end of the day, it's a huge risk.
This strategy is more typical for beginners who want to earn a big profit within a short period of time. As a rule, they have a small budget, and hope to increase it thousands of times, without having basic knowledge about how the cryptocurrency market works.
If you are not ready to lost your money to the market, then stay off new projects. New projects are highly risky regardless of who is promoting the project. Shit do happen that's why influencers even with good intentions do add NFA- Not Financial Advise. At the end of the day, it's a huge risk.
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.
Yes, that's true. I don't also believe in hasty generalizations too. I try to factor in the fact that what works for one may not work for another. I've benefited maximally too from newly launched projects I bought and they performed unbelievably well with ROI out of this world.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.
It also depends on how hype the project is and whoever enters early will benefit because they will sell early with maximum profit, while those who enter late will only get a loss. I also often follow new projects and some even give profits above 100x but not long after everything collapses. So as you said, what works for one person won't work for another. New or old projects will be equally rewarding, as long as they come in and out at the right time.
I came across a post where an advise was ditch out
Dished out, you meant. 🤔I don’t see how Binance is an investment or a child of Bitcoin and Ethereum, did you mean BNB?
OP was referring to BNB there. Also, not BNB as a child of Bitcoin but in the order of OP's safest investments to make. To OP, Bitcoin is the most safe, followed by ETH and then BNB. That's what they meant there. Come to think of it, I don't know why OP opened a thread and refused to come back to comment on it. Jump to: