Topic: Reason why we look for a new project for investment purpose? - page 3. (Read 762 times)

what about GHOSTPRIZM new project but it have not mining, only have masternodes but project I like and it is rise and rise , but prixe I think is quit big for start xzc cost the same likr ghost, how do you think it is good for long term/.?

Not all new projects are good for investment. So much altcoin coming into the market it is difficult to say which will be successful in future. After many coins / tokens became fairly popular, they went on to scam investors. So a lot of research is needed to get the right project. A lot of people have gone bankrupt because of the thought of getting rich with new coins. It is very risky to play with new coins.

In my opinion the biggest reason for wanting to invest in new projects is because we missed the bitcoin boom in the beginning, and investing in new things can be very risky but there is a chance that the project will explode and have very significant highs just like the first ones cryptocurrencies have had in the past

Do you need information about the project for you to invest or do you want to join the bounty hunter ??
if you ask as an investor, of course you should visit CMC or Coingegko. but if you ask as a bounty hunter, then the answer is in the bounties forum for sure.

IEO projects at large exchanges are usually pumped very quickly in a short period of time but will soon dump again because IEO projects are often easily manipulated, making it difficult to participate. However, the profits from these projects are very large and everyone wants to have the opportunity to participate, so there will certainly be great competition.

This is just an assumption without any valid reason because if you assume that bitcoin is a traditional cryptocurrency and from bitcoin it is not too hard to get good returns for your investment, then you must be complete wrong. This assumption could be right but not in all the cases especially with bitcoins. At the same time, new project may give you more profit compared to bitcoins in a given time frame but if you look for periodic returns then bitcoin must be the right option for you.

It means some new project may perform well for some period of time and then it will get dumped hardly. The exact same thing happened with ethreum in recent times and before that litecoins and dash did the same. But, bitcoins will get you at least 10X profits for every four years where no other new project has never done that so far.

I bet that you will get 100s recommendation to go investing with. But hardly 1 or 2 of them may get you good return as you expect. To cover that particular 1 or 2 projects, you must need to invest at least 10 to 20 of new projects (honestly it should not be MISINTERPRETED like one project out of every 10 projects will be performing good), then your returns from one project may not help you to recover all your money, invested on all 10 to 20 projects.

If I were you I would not look for other investment, we already have the best altcoins and bitcoin in the market, we can choose what to hold and hope that their demand will grow significantly in the future. It will happen because we are all here crypto believers and that's the reason why we are holding, it will take time but I am sure its worth it.

Actually, I think it was much worse before,,, remember we had 1000s coming out before and only a few still survived (and to me that did not make them NOT scam, they are almost zero with no use many of them now even though listed and trading). At least now you have some projects coming and not making a raise.

WEMIX seems to be a potential project and I think it is worth trying to speculate on it shortly. I really like projects or organizing events for their community. because my opinion is that the community will determine the life of the project. Therefore, I am quite impressed with the community at WEMIX for their enthusiasm. This is a project worth investing in.

Yes. We cannot trust anymore those new projects coming out because they are more scammed ones compared to those old projects before. So even if we can't make a huge return from those old ones, as long as we are still making profits, that would still be preferable by most of us.

But unfortunately, we are getting far from the crypto market perspective. A lot of projects had come but it only just passing by because nobody cares for them. It sounds like some legit projects turn down while scam projects get hypes because whales make some play on it. We think before that crypto market is a decentralized market but wondering why how whales could make such manipulation. It is something to tell that we have a huge change from time to time and not for sure the consistency of the market will stay for the next years.

There is definitely a risk about trying something new in your finances about freedom in the blockchain but we still have to look to the front of how to use the blockchain profitably and that is what they want now.
Bitcoin is not a new investment here, of course we will find the right way to invest and choose a quality project if you only hunt for new projects, of course there will be a high risk where many new projects that have been invested have ended in failure.

Trying new things with new is wrong.
Stay on coins and altcoins that are already on the high market.

First of all, if you think people are trying to get financial freedom by investing on bitcoin, then no, you are wrong. Most of them are doing this just to earn some money.
Secondly, new projects are not the best option for investment. Highly likely those new projects are going to be just some scam project that you see everyday.
I would advice you to go with bitcoin and other well known  altcoins, even if its hard to get return of your investment. At least you won't get scammed.

The truth is we don't really need another Project because
 all of the supposedly project are
 already existing and all needed to happen is to at least make
 them active and supported again.
for how many years of existence in this market people must
 understand that the way to make
all of the existing currency become successful is the support
 from the community and for the
investment we need to help to make the market grow back
again.hopefully all of us will contribute
 and will all benefits when time that things comes to betterment again.

The reason why people look for new project is that is has a good prospect of giving out huge return on investment unlike coin that has pumped 5X,10x before, but there are still good projects in the space with great potential for growth that are greatly undervalued, most of the new projects in the space are IEO and just pump for a month or so then dump unlike before when you hold on to your tokens and return 20X or more for investors

Agree with you, it's hard for us to find good projects like before. Many new projects have been rated well, but after being listed in exchanges they have become scams. It makes me too tired to learn and invest

Well, in terms of investment might be a good one for a quick results but the risk is also the same if you don't have enough knowledge about it. So basically trading and finding a good project to invest is almost just the same but they have factors that could distinguish between them as an investment. Good projects are long gone I suppose since we can't barely find a legitimate project that has a good result just like what the existing projects we have nowadays.

For me, it is better to trade because it will not make the loss of all money. Investing in new projects is not so bad but the risk is so great, finding a really good project is quite difficult

So far I did not have any eyes on new project if what you mean is fresh release. But Im thinking that the cosmos project will shine its light this year. This project has a lot of potential and been traded on many exchanges. Also incorporated on some third party app like Imtoken and many more.

Also looking forward too with harmony progress. I know their project gone down on the market but its the project platform and its use case is the important part of the development. Aside from these, none so far on the upcoming projects. For old time sake, hold your eth cause its one way trip when it launch their PoS migration.

Not everyone really gets into crypto just so they could make more money, some people just want to keep their savings in crypto because they believe it is a safer option. You could have fiat as much as you want but the truth is some legal changes could mean you could lose all of it, stocks could fall, forex could change, hell even real estate could be taken for some legal reasons, which means even if it is a very very very very tiny chance there is still issues with it as long as its centralized.

That is why some people prefer blockchain and bitcoin, they want to simply just keep their money to themselves where nobody could touch it, and not just in the way of not taking it, I could simply bury my money 6 feet deep and as long as nobody knows it that means nobody will touch it, but more in the sense that government actually changes the value of your money as well, in bitcoin there is no government.