Topic: Not all new Projects are bad, So take the Risk - page 23. (Read 6089 times)
New projects are horrible if they do not portray themselves as per roadmap. Various projects came and go like that and unfortunately the success rate is too tiny for the crypto projects. I love the fact that someone is trying to motivate newbies to keep investing into new projects. However I would say, invest time but not the direct money into new projects. We can always try out their free airdrops and campaigns on the forum and keep one safe distance from them. If somehow it succeeds then we have nothing to loose. By then only matters is how much we got paid.
You made some interesting topics in beginners & help recently, all talking about almost the same thing.
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.
I don’t see how Binance is an investment or a child of Bitcoin and Ethereum, did you mean BNB? With time you will centralized exchanges (Binance and the likes) are not best for hodling your crypto long term because of the risks involved with third party management, using a centralized exchange service means you’re not in total charge of your coins because you do not own the keys. Binance was attacked recently and a lot of money was lost. https://www.google.com/amp/s/www.cbsnews.com/amp/news/binance-hack-100-million-cryptocurrency-blockchain/He is just simply using the word child as metaphor as hierarchical order and not in relationship aspect since he classified them base on the time they established and there achievement.
And also BNB tokens can be hold on hardware wallet or software wallet and not on CEX alone. You can hold this token without experiencing risk of holding it on CEX.
You said it right OP, not all are bad but we can't deny also that most of these new projects are scams which makes people think about the HIGH risk when investing in them. It was just a sort of awareness and warning that we need to be careful dealing with these new projects, it doesn't mean it stops people to invest in them. Meaning, we can still invest in them provided that we undergo thorough market research just to assure ( at least) that we are investing the right project, not scam or shitcoins.
Not everyone can get a profit like you, especially if it is investing in crypto because there are so many new projects that will launch.
If they can't get more information, they will choose the wrong project and end up losing the novice investor's side.
This is a problem for novice investors because they don't want to look for more information so they choose projects randomly based on the hype.
But investing in any field, including cryptocurrencies, is not risk-free because crypto also carries an even higher risk than others if you don't have much information.
If they can't get more information, they will choose the wrong project and end up losing the novice investor's side.
This is a problem for novice investors because they don't want to look for more information so they choose projects randomly based on the hype.
But investing in any field, including cryptocurrencies, is not risk-free because crypto also carries an even higher risk than others if you don't have much information.
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.
I usually paused for a long while investing in new projects, especially IDOs. It’s because when it gets listed on exchanges, either the whales would automatically dump it during the first minute after liquidity was added, or we see a temporary growth and then a pullback that would be really hard to recover, especially if the token is under vesting period.
Some may be lucky enough to sell it during the first few minutes while the price is rising, but most of the time it just simply fell below the IDO price.
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.
for newbies like myself not to get involved in new projects,
due to the risk that follows.
I would say there is no general answer if an investment in brand new projects is good for you or not because it always depends on what you want to achieve with your investment. If you want to go relatively safe then i think you should not invest into new projects because in the end the risk here to lose all of your funds is just way higher here in comparison to an investment into Bitcoin or the big altcoins.
That being said there are definitely good new projects out there and i would say that those projects that are launching now in the bear market probably have a way higher average quality then the new projects that are launching during a bullrun because in a bull we have like dozens of new meme-coins (shit-coins) every day that just want to make easy and quick money.
Wrong mate. In crypto it's all about the risk. When you are picking major coins you may not ended being scammed like when you are picking the small tokens but you may lose your capital caused by the price got dumped to the bottom.
Im actively investing in the new projects as well. The fact that if new projects can give me more profits and it's worth with how many times i have spent to did my own research. This is the main point if everything in the crypto are always involving the risk.
Im actively investing in the new projects as well. The fact that if new projects can give me more profits and it's worth with how many times i have spent to did my own research. This is the main point if everything in the crypto are always involving the risk.
All new projects are not bad because there are hidden gems in them. Investing in them is very risky because from here you can get huge profit as well as lose everything. So research should be done before investing in any new project. But it is better not to invest in new projects during bear market. Risks can be taken when the market is bullish.
Maybe what you say is true because it is in a bear market condition as much as possible to minimize risk,Regarding new projects, it is quite risky and if you really want to invest, you have to be really careful and keep doing research first.
There isn't much liquidity in the crypto markets after price crashed hard from its all time highs, which means that any new project coming on the scene good or bad will find it difficult to break the barriers of entry as these will be competing with already established projects which are at their lowest for now...So the risk of choosing old or new project makes a hard decision to make.
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.
Get something very important you don't understand about the cryptospace, your entry points and others might not be the same as you think. i.e, you may invested in a new project today while others might get the information in the next 4 months or so and invested as well your ROI might not be as similar with the other person and at then you might feel to go away with your capital and profits leaving those who just came to invest. At such time the project might be waving whereby the early investors have made away with their profits leaving just an empty project to those newly investors and at end if further investor do not come to invest where do you think those who invested last would or could make out their ROI At that points the project happens to be a dead project since the team made their profits, early investor pulled out their ROI what funds do you think can be used to further developed the project?
So is now turning to be scam to those who just put their resources in the project, all less they have an angel investor whom came with $M to invest and revived the project.
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.
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.
Not all, but most of them are bad.
To be honest, if you take a look at data about top market cap cryptocurrencies when Bitcoin started, altcoins, after Bitcoin started, there are a lot of altcoins already vanished, only good at the beginning. Which I can consider as bad. So for me, most projects out there are not bad, only few are good ones.
To be honest, if you take a look at data about top market cap cryptocurrencies when Bitcoin started, altcoins, after Bitcoin started, there are a lot of altcoins already vanished, only good at the beginning. Which I can consider as bad. So for me, most projects out there are not bad, only few are good ones.
A lot of new project has yielded x50
of my investment
of my investment
Did you have these gains in current bear market? What tips you use in picking up projects?
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.
This is not investing, this is gambling on ponzi schemes. You can get lucky a few times and make a profit, but if you do it a lot of times, you will go broke, because the odds are stacked against you. All these "new projects" have zero utility and zero potential, they are nothing more than scams - some scams pull the rug in a few weeks, others go on for years, the end is always the same.
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.
There’s always risks in all types of investments, even bitcoin which we mostly think that it’s the most prominent coin and the best asset in crypto. The only difference is that some invest directly due to greed without gaining good background first on the project they want to invest. That way, it’s more risky to invest especially if you just invest without having to DYOR first. 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.
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.
They're not risk free, although in a sense that they won't end up being a scam. The risk that I'm telling is about that a newbie could lose as much as he can with the way he's investing.Because if he's not long term, then obviously these three are not for him or just count bitcoin because it's requiring longer patience for one to see it bloom and make profit out of it.
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.
It's because most projects are riskiest. There's the common sense that new projects might not be obliged to work what they've promised and just abandon the project as soon as they suck investors money. 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 think Bitcoin and Ethereum are worth it but for Binance that still a shining to the eye with the SEC and other financial organizations worldwide, I doubt that. Yes, it's all are risky new or old but everyone should be responsible for whom they invest their hard-earned money. It's always a double edged sword.
A lot of new project has yielded x50 of my investment to me most of the time,
"A lot" is a relative term. If we are talking about the entire industry, then I would say that two or three successful projects out of thousands of unsuccessful ones is not a lot.
So, if you consider the entire industry as a whole, then I would have to say no, not really.
I do not mean to discourage anyone from investing in new projects or coins. So if a new project has something that no other project has, it might work well. Each individual should always do their own research and make a careful assessment of the risks involved in any project. However, in my opinion, most new projects will fail. The number of ICOs is growing every day and many projects are more focused on getting funding than they are on creating a product that people want to use.
It depends on what you consider a good/bad token.
If by a good token you mean a token from which you can make profit on the short term, then there are many of them as long as they make it to the exchange listing phase. You simply buy at the ICO phase (or whatever they call it) then sell when it get listed on one of the known exchanges and you have to be fast before other investors or team members (who own most of the supply) start dumping.
But this is not really what a good token project is. A good project is the one that has a true utility and solves an existing problem. Such projects never die (at least not so quickly) and do not lose their value because people will always need them.
If by a good token you mean a token from which you can make profit on the short term, then there are many of them as long as they make it to the exchange listing phase. You simply buy at the ICO phase (or whatever they call it) then sell when it get listed on one of the known exchanges and you have to be fast before other investors or team members (who own most of the supply) start dumping.
But this is not really what a good token project is. A good project is the one that has a true utility and solves an existing problem. Such projects never die (at least not so quickly) and do not lose their value because people will always need them.
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.
Brand new projects can be profitable in the early phase and some never survive the bear market. It takes so experience and greed control to manage new project in portfolios that is why it is really not ideal for newbies without experience to go for new project. Lots of new project make 100x and more and when the crash the drop without a warning.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.
As long as there is working strategy to know where to buy, sell and avoid the coin then the risk is worth taking. the sole aim of warning about new project is just to avoid using funds that should have given good profit on Bitcoin and crashing it on so called new project and end up tagging crypto scam.
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