What do you mean "do not invest in new projects"?
I agree that it's a bullshit statement! If you wanna earn money here in this business you gotta risk
You gotta find new projects, research, it's your JOB
Easy money? Ok then go on freaking airdrops, fast money like meme coin trends or something like that
Then big money is not for you, investing in new promising future beast project like neon link is not for you
Cuz this is the path of great people that choose long term legit projects and not something that is 100% gives you fast money... Tho it's not even a 100% guarantee
Topic: Not all new Projects are bad, So take the Risk - page 8. (Read 6089 times)
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
Every beginner should know this so that they won't get lost in the path that they are taking, I mean it's normal to have losses especially if you're just a beginner in the world of cryptocurrency but it is always much better if we have enough knowledge about the things we're investing rather than riding the hype just because the crowd is clinging to it. Remember that being a different is not always wrong especially if you know what you're doing.
That is why it is important for us to understand the technical fundamentals for investing in altcoin projects,
especially in new altcoin projects where the level of risk is high,
of course you have to analyze them fundamentally because not all new projects are bad,
for example the ones currently being hype are SUI and ARB.
When you want to invest in a new project, you should first know how the project is, what the future plans are for the project, and most importantly, who is behind it and who is working on the project. Because as we all know, new projects are potentially fraudulent, and new altcoin prices are very easy to manipulate! so don't be surprised if the price of a new altcoin will rise quickly, but in a very short time, a drastic price drop can occur.
Indeed investing in altcoins that are clearer will be lower risk, just like investing in BTC ETH, and BNB this might be the best investment choice for now. But that doesn't mean that the risks experienced will be smaller, because as we know, crypto prices can go up and down drastically.
The foundation of any sound investment strategy rests on understanding the project, the team behind it, and their roadmap. But are we not missing a critical component - market sentiment and volume analysis?Indeed investing in altcoins that are clearer will be lower risk, just like investing in BTC ETH, and BNB this might be the best investment choice for now. But that doesn't mean that the risks experienced will be smaller, because as we know, crypto prices can go up and down drastically.
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It all depends on how you take into account your finances before investing because this is very important how you can minimize the risk of further loss.
The fear of new projects being scams is absolutely valid. Altcoins come and go like shooting stars! They rise to astronomical heights and then plummet into oblivion. Why is that? Is it not the reckless speculation and pump-and-dump schemes that wreak havoc?
You advocate for investing in safer options like BTC, ETH, and BNB. A good advice, no doubt! But isnt it a bit conservative? Crypto market is not for the faint-hearted, right? Do we not thrive on the thrill of volatility, the promise of high risk and high reward?
Maybe for some people there is no challenge because we will just stay in our own comfort zone, but on the other hand, of course this is also better when compared to us who keep looking by paying attention to all the countless new projects and just being at the point. where we just keep fixating on reading the roadmap and the people behind it which of course will take a long time.
I still have a condition where I am more comfortable with what you would call conservative even though there are still risks involved but it is still better than having to sit and read and research a new project that exists and come up with nothing but an initial concept with pumps and dumps those who even that is also just a hope.
When you want to invest in a new project, you should first know how the project is, what the future plans are for the project, and most importantly, who is behind it and who is working on the project. Because as we all know, new projects are potentially fraudulent, and new altcoin prices are very easy to manipulate! so don't be surprised if the price of a new altcoin will rise quickly, but in a very short time, a drastic price drop can occur.
Indeed investing in altcoins that are clearer will be lower risk, just like investing in BTC ETH, and BNB this might be the best investment choice for now. But that doesn't mean that the risks experienced will be smaller, because as we know, crypto prices can go up and down drastically.
The foundation of any sound investment strategy rests on understanding the project, the team behind it, and their roadmap. But are we not missing a critical component - market sentiment and volume analysis?Indeed investing in altcoins that are clearer will be lower risk, just like investing in BTC ETH, and BNB this might be the best investment choice for now. But that doesn't mean that the risks experienced will be smaller, because as we know, crypto prices can go up and down drastically.
Quote
It all depends on how you take into account your finances before investing because this is very important how you can minimize the risk of further loss.
The fear of new projects being scams is absolutely valid. Altcoins come and go like shooting stars! They rise to astronomical heights and then plummet into oblivion. Why is that? Is it not the reckless speculation and pump-and-dump schemes that wreak havoc?
You advocate for investing in safer options like BTC, ETH, and BNB. A good advice, no doubt! But isnt it a bit conservative? Crypto market is not for the faint-hearted, right? Do we not thrive on the thrill of volatility, the promise of high risk and high reward?
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
Every beginner should know this so that they won't get lost in the path that they are taking, I mean it's normal to have losses especially if you're just a beginner in the world of cryptocurrency but it is always much better if we have enough knowledge about the things we're investing rather than riding the hype just because the crowd is clinging to it. Remember that being a different is not always wrong especially if you know what you're doing.
When you want to invest in a new project, you should first know how the project is, what the future plans are for the project, and most importantly, who is behind it and who is working on the project. Because as we all know, new projects are potentially fraudulent, and new altcoin prices are very easy to manipulate! so don't be surprised if the price of a new altcoin will rise quickly, but in a very short time, a drastic price drop can occur.
Indeed investing in altcoins that are clearer will be lower risk, just like investing in BTC ETH, and BNB this might be the best investment choice for now. But that doesn't mean that the risks experienced will be smaller, because as we know, crypto prices can go up and down drastically.
Indeed investing in altcoins that are clearer will be lower risk, just like investing in BTC ETH, and BNB this might be the best investment choice for now. But that doesn't mean that the risks experienced will be smaller, because as we know, crypto prices can go up and down drastically.
Quote
It all depends on how you take into account your finances before investing because this is very important how you can minimize the risk of further loss.
investing in new projects in the crypto space can indeed be risky, as there have been instances of scams and abandoned projects. However, it's important to acknowledge that risk exists in all investments, even established cryptocurrencies. Bitcoin, Ethereum, and Binance Coin are often considered more stable, but they are not completely risk-free either. It's also advised to invest what you can afford to lose
Yes, it is true. Not all new projects are bad. But to brave a new project is very difficult for me. Because it has been several times but has not found a good project.
You are correct that not all new projects are inherently bad. There are indeed innovative and promising projects being developed in the cryptocurrency space. However, it's important to approach new projects with caution and conduct thorough research before investing.
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.
Meeting new and high-quality projects is like seeing gems in the desert. There is no shortage of high-quality projects in the market, and high-quality projects also mean that your investment time will be longer. As investors, they do not have much patience and waiting. What they care more about is the fastest time to get a hundred times the income. A high-quality project in my understanding must have the following characteristics: 1. The technical team comes from a wealthy 2 code audit company that ranks among the top in the world. 3 The project party is not anonymous. 4 The economic model is innovative and can be applied to new application scenarios. 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.
Agree with your point in general. Not all new projects are bad, so we'd better take the risk for profit. The question lies in how much risk you can take and whether you are willing to take it. If you do your own research on any new project and make a judgement that the project is going to be fine, at least for a while, then you are encouraged to invest in it and wait for the best outcome. Even if something bad happens and you are doomed to lose money, then learn the lesson and move on. However, if the risk is too much for you or anybody, being impulsive to invest is like committing suicide. Nobody should ever let emotions dictate their action. I am clear on this point and don't hesitate to invest if I find a new project that seems reliable.
When we are going to make investments, of course, we are already aware of the risks we will receive, especially by entering a new project. Of course, the risk that we will accept is very large as a project scam. However, when we are making investments in a new project, the chance that we get a lot of profits is also very large, especially with every purchase of assets at the beginning of a new project. We can get a discount, which is usually linked very far when the project is listed in the market because of the very good product. So don't be afraid to start a new project.
In short: High risks; High reward
Some will agree with that especially the ones who doesn't have anything to lose because of the different investments they took that made them richer, so it having these certain investments is not really a big deal to them because if it turns out to be a scam then so be it but if it's a good project then congratulations, simple as that. But for most investors that doesn't have that much money to invest with huge risks, like me, we will always prefer to invest in known top working altcoins and mainly bitcoin as well because the risks are minimized while the profits that will be earned does have a much higher chances.
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.
It's important for investors and participants in the cryptocurrency market to exercise caution and conduct thorough research before getting involved with any project. Evaluating factors such as the project's team, technology, roadmap, adoption potential, and market dynamics can help identify projects with stronger fundamentals and higher chances of success.
Almost every day Some new projects appear may or may not generate high returns, others may turn out to be scams or may not turn out as expected. It is my opinion that Investing in any cryptocurrency project involves risks, and there is no such thing as a risk-free investment. While established projects like Bitcoin, Ethereum, and Binance may be considered less risky, they are still subject to market volatility and other risks.
Indeed, basically all investments including cryptocurrencies have their own risk impact. However, before investing we need to do thorough research on the coin we want to invest in so that at least we can minimize the potential for large losses. Moreover, not all altcoins are good for investment both in the long term and in the short term.
Almost every day Some new projects appear may or may not generate high returns, others may turn out to be scams or may not turn out as expected. It is my opinion that Investing in any cryptocurrency project involves risks, and there is no such thing as a risk-free investment. While established projects like Bitcoin, Ethereum, and Binance may be considered less risky, they are still subject to market volatility and other risks.
Indeed, basically all investments including cryptocurrencies have their own risk impact. However, before investing we need to do thorough research on the coin we want to invest in so that at least we can minimize the potential for large losses. Moreover, not all altcoins are good for investment both in the long term and in the short term.
Now the most important thing is to find a high-quality new project-coin. If you manage to earn, for example, 300%, you need to immediately sell 200%!
Personally, I managed to earn the most on dog-related meme-coins
very awesome, that's great work. Maybe your expertise is investing or trading in meme coins. It doesn't matter, it's important that you stay alert because investing in meme coins is a very high risk investment, I mean the risk of investing in meme coins is higher than investing in altcoins with utilities. maybe you should also monitor the currently viral meme coin pepe. Personally, I managed to earn the most on dog-related meme-coins
There are common cryptocurrency scams that we should be aware of such as phishing scams and fake Initial coin offerings. It is important to be cautious and do our own research before we invest in a particular project. We can identify scams by checking the legitimacy of the projects and verifying their informations. We should be vigilant or aware on the offers with promise of big profits in return. Not all projects are scam is just that we just need the investigate on the details and sources of the project.
I actually love to invest in altcoins. Their explosive nature makes me love to invest. But when you invest in some random new altcoin, there are many risks involved. For example, developers can be thiefs. Or project can be completely fraud. You may end up losing everything you invested in. If you pass this criteria, there are other issues. Are there enough good exchanges that you can trade? Can Bitcoin stay longer in higher price level so altcoin you invest in doesn't lose value? So many risks.
you have to take risks, of course. as they say, who doesn’t take risks doesn’t drink champagne, but in order to take risks, you need to at least check well which project and what it is, get acquainted with the development team, and then making all the conclusions about what kind of project, you can take a chance and buy on the future to make money on it
I actually love to invest in altcoins. Their explosive nature makes me love to invest. But when you invest in some random new altcoin, there are many risks involved. For example, developers can be thiefs. Or project can be completely fraud. You may end up losing everything you invested in. If you pass this criteria, there are other issues. Are there enough good exchanges that you can trade? Can Bitcoin stay longer in higher price level so altcoin you invest in doesn't lose value? So many risks.
When we are going to make investments, of course, we are already aware of the risks we will receive, especially by entering a new project. Of course, the risk that we will accept is very large as a project scam. However, when we are making investments in a new project, the chance that we get a lot of profits is also very large, especially with every purchase of assets at the beginning of a new project. We can get a discount, which is usually linked very far when the project is listed in the market because of the very good product. So don't be afraid to start a new project.
There's always a risk that we should understand and if we are willing to move forward that risk can give us decent to huge benefits though on the other side it can also lead us to lose our investment, picking new project have a bigger risk as the possible success is something that only future can dictate, everything is going to depend from how you assess and how you trust the team behind the project.
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