Not all new Projects are bad, So take the Risk - page 22.

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 mean I'm as bullish as anyone on bitcoin but to say it's a risk free decision that's a bit overboard. Crypto is still one of the most volatile markets out there. Binance can easily fall to nothing just as much as it can go up. It's ALL risky since greed drives this market.

abel1337

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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.

If you are pertaining to those project who has a fundamental progress on their project, I believe there are only a very few percentage of them planning to get rich quickly. Project who achieve their big plans will most likely stick to their project without the intent of giving it up by scamming people. Those project who has a slow traction to the community are the ones who are prone of being scam. I've seen few good projects that has a good progress and idea about their project but they are lacking people who support it, Some of them turned into scamming people. It's hard to pick a project that has no ill intent of scamming people but if you lucky enough to find them, I'm sure profit will come to you.

Ararbermas

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Yep not all new projects are every risky to invest because indeed there's bunch of legitimate projects in the market. but yes we need to bear in mind to make research always and to accumulate real information if we really want to prevent scams because if you do nothing and just riding the rumours, then you will end up losses . "technical and fundamental "for me this two is a big advantage trust me..

ethereumhunter

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Quote from: mdzahed134 on October 14, 2022, 03:41:01 PM

All of new projects aren’t SCAM but i think old known or top ranking coins investment is more safe then new projects, because it’s very difficult to find out real project in this bear market, like some projects looks potential but suddenly it’s go to rug pull, but new projects also give you big profits. If you have enough money & if after loses it will not be big effect for you then take a risk with new projects but not for everyone.

Both are risky, like Luna, being a top altcoin and no one thought it would rug pull the carpet so quickly. Top altcoin is also not guaranteed for you so always be careful when investing altcoins, don't be subjective and put your trust in topcoin too much, risks are always hidden around us. Already an altcoin there are risks whether old or new.

Both are indeed risky and to avoid too great a risk that we cannot bear will require analysis that we must always do. This will be a way of anticipating picking the wrong coin and not just following what other people suggest. The top altcoins can be replaced, especially after the bitcoin halves later because no one knows whether the current position of the coin will not change. The important thing is that you can analyze so that you can see which coins have the opportunity to increase. But investing in bitcoin is enough for us to get big profits in the future.

glendall

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Not all new projects are bad, but as for newbies it is better not to go for new projects but only Concentrate on bitcoin. No one can tell how reliable a new projects, instead of investing on a project that may later be a scam it is better to invest in something that is reliable since cryptocurrency has been existing.

agree with you, indeed all need risk but at this time it is too much risk to enter into new projects, many fraudulent projects and tokens it is better to minimize the risk of getting into old projects from new projects

tvplus006

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

...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. ..

It is impossible to predict at the initial stage such a fact that one of the team members will want a lot of money and he will be ready to turn the project that the team has been working on for two years into another scam. In this case, investing in old projects does not guarantee the safety of your investments.

Saisher

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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. 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.

All the big projects that you see in the market did not start big they started small but what they've done to earn the trust of the community is what matters, do not invest in new projects if they just going for the hype, they don't have a platform and their platform is not something that the community can use in a long term, it's all about usability and the roadmap that they've completed are what matters.

SaveOurSea

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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.

Agree, there is no reason that always thinks and think that new projects are scam or always bad, the facts that occur are without new projects I'm sure the market is very boring, the presence of new projects encourages old developers to continue to be creative, and now there are many New projects that are successful and can enter the top 50 ranking.

Basically it's like that that we can't just beat that the new project is a scam and it's not fair,
but it does need research and analysis first before investing whatever the project is,
I hope there will be more successful new projects

coinerer

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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 it

Lordsilvabtc

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So much informations shared here already, its nice to get all of this response, as this will greatly reshape my opinion and way of thinking, Skills and strategies towards investing in new Projects, Now. I found some important factors to be considered before taken a step as well, Thank you to everyone who has contributed so far, I'm grateful, I'm learning something new and unique on daily basis from the platform

serjent05

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Quote from: mdzahed134 on October 14, 2022, 03:41:01 PM

All of new projects aren’t SCAM but i think old known or top ranking coins investment is more safe then new projects, because it’s very difficult to find out real project in this bear market,

Anyone that wanted to have more profit will look for a new projects. I agree with OP that new projects aren't all bad. Bitcoin, ETH and BNB are once new projects and they already give their initial investors huge profits. If we wanted to experience the same kind of profit, we can always look for promising projects and invest in it. Of course risk is greater in new projects but the risk worth it if we happen to find a gem in the newly launched project.

Quote from: mdzahed134 on October 14, 2022, 03:41:01 PM

like some projects looks potential but suddenly it’s go to rug pull, but new projects also give you big profits. If you have enough money & if after loses it will not be big effect for you then take a risk with new projects but not for everyone.

This is the reason why we need to investigate projects thoroughly. We shouldn't rely only on hype and whitepaper or how professional a website is but rather spend more time investigating the background of the developer.

mdzahed134

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All of new projects aren’t SCAM but i think old known or top ranking coins investment is more safe then new projects, because it’s very difficult to find out real project in this bear market, like some projects looks potential but suddenly it’s go to rug pull, but new projects also give you big profits. If you have enough money & if after loses it will not be big effect for you then take a risk with new projects but not for everyone.

el kaka22

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I agree that BNB is a lot more new compared to the other 2, but at the same time it has achieved so much, by this logic it’s more like how a child would be able to grow better thanks to their parents actually doing something with their life and taking all the risks, that way you would not have to actually go through the same things and start at a better level.

Even at the first days of BNB it was doing fine, and after that it managed to rise a lot better. It is at third level for crypto currencies and I believe that it will keep its position. Stablecoins could rise faster, but they are not crypto currency so I do not consider them as altcoin to invest anyway.

dezoel

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I am not sure if I know oks chain before but are you sure that the project have turned into a scam? Because sometimes an old project can only deteriorate over time due to some issues and bad updates but if we are only monitoring our investments, we will be aware with it and we can get out before the price totally collapse.

For those who gave out advice. They better clear it out and don't just say that all new projects are risky or a scam. That wasn't true obviously. Many old projects that we see today are once a new project too so let us not discriminate new projects because we never knew, they might be the next coin that will join the top 10 ranks.

TribalBob

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It's true that not all new projects are bad, but it's hard to know which ones are good and which are bad.
The risk in investing is borne by each individual, so before investing, we should research everything about the project that we will invest in

Hamza2424

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No bro we always take risks, as while investing we take the risk but investing in new projects which are not yet established yet is a fool's job Investing in fundraising or on the exchange listing can lead to a major loss so be careful before investing in the new projects move with the market OLD is GOld always remember and. I am sure you should know how to develop an investing strategy never go all in.

Anonylz

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In a way you are right, not all new project are out to scam investors but since the majority always end up to no good, is the reason why it is heavily emphasize on. New projects have a high probability of scamming investors than already existing projects with track records.
The risk is high but if you are willing to take that risk, you can be lucky sometimes.

Desscount

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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

Xxmodded

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New project have potential could be scam or success later depending how roadmap planning well, some time horrible when investing with new project because several new project have been scam and investor faced frustration investing at new peoject. Take as soon possible with new project not always guarantee to earn profit, usually last several months when shit coins are popular we still have chance to earn profit when entry at early and as soon possible for selling after listing on market exchange.

bots1

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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.

Topic: Not all new Projects are bad, So take the Risk - page 22. (Read 6089 times)