should i invest in new project? - page 2.

Velemir Sava

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Quote from: Essential10 on May 02, 2024, 07:57:56 AM

New projects are offering big deals, that's why many people are attracted to new projects despite the high risk. Only a consultant or expert in crypto currency investment cannot give you an accurate analysis of new projects. Cryptocurrency is a risky space as there are more or less risks in different coins. Investing is always a personal decision, but before that do a proper analysis of the coin you are going to invest in, then you invest be it new coin or old coin. Currently new projects are failing more so if you have extra money you can do it even if you don't have any problem losing it.

I prefer to invest in old projects and have entered the top 20 of CMC only. Of course, new coins also have new opportunities provided that if our choice is smart and correct in the sense that we have checked everything, there is a big chance that it will be successful, but if our choice is only based on the lowest lower price today, for example, then we buy I think many failures could make the landslide even worse.

Whatever is earlier and takes longer for hodlers, there are a lot of people interested in it compared to those who have just arrived. Another reason is that if we have been around for a long time, we also know the price history, the ATH has been set and the rate of decline is also measurable.

Loki11

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Hey, investing in a new project can be exciting, but do your homework first.

Understand the project and its market, check the team's experience, and look at the financials. Assess the risks and have an exit strategy.

Trust your gut and diversify your investments to spread the risk. If everything looks good and feels right, go for it.

Also, you can check here a daily refreshed list of new scam projects: https://cryptolinks.com/cryptocurrency-scam-sites

Good luck! 🚀

Asyifiah

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It's okay to invest in new projects but these are exactly the same as projects that were developed with the same network several years ago, I think that when investing in newly emerging projects, stay careful and study the project again so you can avoid failed projects, it is better to choose to invest in old projects that already have value and market prices continue to move on the buying and selling charts.

batang_bitcoin

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Quote from: CoinMin3r on May 15, 2024, 01:57:38 PM

You can surely invest in new project but first you must go deep through its concept, team behind it, progress made etc. Any new project is not bad/scam if team behind it are legit/hardworking but they might not be good as well too. So doing own research in needed before investing so we can grab nice profits from it.

Mostly, the new projects have hard working teams and that's why you can't find them out to be a scam in the beginning. But in the long run, there can be change of their ways and from there, you'll be able to spot them out if they turn out as a scam. There will be signs and red flags that you might notice but it might be too late for you to spot them when you have already invested heavily because you'll have the feeling that you won't be getting out of it especially if you're still in losses and trying to recover, so cutting losses will be hard for you as it becomes a hard pill to swallow.

CoinMin3r

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You can surely invest in new project but first you must go deep through its concept, team behind it, progress made etc. Any new project is not bad/scam if team behind it are legit/hardworking but they might not be good as well too. So doing own research in needed before investing so we can grab nice profits from it.

DiMarxist

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Nobody will against you of investing in new projects but do you know the basic concept of the project? Who created the project and foe which purpose? How many people knows the project and who is mining the token that you have heard? And other minor questions need to be asked before investing in it. Though nothing that o e is doing to feed himself or herself that is easy or as no risky but we have to be careful with the way memecoins and shitcoins are coming.
I never heard of Valentine.finance but you are interested then just make some research and invest. And you most k ow that if you are investing in new projects then you have to invest for long and not for short because you don't know when you can make profit from the coin. And along the long plan and the token rise then you sell and take your profit.

Godday

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Quote from: Epaper on May 15, 2024, 11:09:59 AM

I can't advise anyone to invest in new projects. But it is important to remember that never invest hastily, choose coins based on good fundamentals. Apart from that, don't easily believe in the mode of offering big bonuses because many new projects like that are scams, let alone using them.

I also want to say the same thing. I mean it is important to know the fact that new projects are very risky and you can lose your money if the project you choose turns out to be a scammer. OP asks if OP should invest in a new project. A new project can give you a jackpot but I think this is a very risky bet. It's like gambling. I personally prefer investing in projects that are already listed on the market even if they only have small profits.

Epaper

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Quote from: Henry133 on February 13, 2022, 06:51:00 AM

hello everyone
i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named Valentine.finance on BSC and they will be launch on 14th of Feb means on valentine's day and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. i also share whitepaper and website link
Whitepaper: https://valentine.finance/whitepaper.pdf
Website: https://valentine.finance/

I can't advise anyone to invest in new projects. But it is important to remember that never invest hastily, choose coins based on good fundamentals. Apart from that, don't easily believe in the mode of offering big bonuses because many new projects like that are scams, let alone using them.

Nothingtodo

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Quote from: Al Qiyamah on February 13, 2022, 09:13:09 AM

I still remember back when the ICO was still a hype there was once a platform like this but I have forgotten the name of the project. I think a platform like this will be difficult to develop because it lacks interest in real life. You better be careful in choosing a new project, research before investing, choose a project that really contributes to its users.

Before making presale investment in the market, it is necessary to invest in new projects after verification because these new projects in most cases disappear from the market without collecting funds from users and getting listed on the exchange. Moreover, investors must be careful before investing in new listed projects, especially Memecoins. If you invest in new projects, I think it is better not to hold that investment for a long time.

Essential10

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Quote from: Kezacky on May 01, 2024, 12:49:57 PM

new projects have a very high risk,If you are beginner find a solid strategy. Educate yourself first with that project. Dont go greedy over an extra dollar profit. Its advisable to speak to a mentor or an expert on this. A lot of fakes out there though, so be careful.

New projects are offering big deals, that's why many people are attracted to new projects despite the high risk. Only a consultant or expert in crypto currency investment cannot give you an accurate analysis of new projects. Cryptocurrency is a risky space as there are more or less risks in different coins. Investing is always a personal decision, but before that do a proper analysis of the coin you are going to invest in, then you invest be it new coin or old coin. Currently new projects are failing more so if you have extra money you can do it even if you don't have any problem losing it.

Kristiyana

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Kristiyana

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Eloncoin.org - Mars, here we come!

Well as Long as we have our personal decision I think the choice is yours, a lot of people keep saying that is good to invest in a new project, I guess they don't know the risk that is involve in making investment in a new project, I think those set of people that always give such advice I don't think if they have experience lose for the first time, because had it been they do I don't think if they will still give advice to invest in a new project. I won't advice anyone to invest in any new project, but I know some people can decide to give it a trial, but before you will do that first you need to make a proper research about the project before looking out to make investment.

Kezacky

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new projects have a very high risk,If you are beginner find a solid strategy. Educate yourself first with that project. Dont go greedy over an extra dollar profit. Its advisable to speak to a mentor or an expert on this. A lot of fakes out there though, so be careful.

AnonBitCoiner

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Eloncoin.org - Mars, here we come!

Quote from: Kristiyana on April 21, 2024, 02:36:19 AM

Well I can't really advice you to join or invest in that project cause I don't know if the project is genuine or fake. There are some project you can't actually tell what will be the outcome and there are some you can predict easily. life is all about risk and trying, you can take the risk or you try if you are persuaded in your mind to do it then pray and hope for better outcome.

Yes no one can give any advice to others because every person has their own concept and if we admire any coin and give suggestions to others then in case of its failure they will blame us.

Top coins can be easily accepted whereas new coins have certain types of doubt therefore just share your concept about altcoins but don't give advice to others.
If a person possesses knowledge then he will identify good coins by himself because finding new profitable coins is not difficult if a person knows about the creators and knows about the feature which is suitable for investment.

Sophokles

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Quote from: AnonBitCoiner on April 19, 2024, 01:36:04 PM

Quote from: tengui on April 19, 2024, 12:47:55 AM

actually this is very easy and simple, just invest in the top altcoins and you have invested in a good project. However some investors think that if they invest in the top altcoins the profits they can get are not that big and will take a long time. It is on this basis that investors seek to invest in new projects in the hope of making large profits in a short time.

In most of the cases people choose quickly surging projects instead of top one so they are risk takers but everyone cannot take such risk because invested money does not come with ease for them. Most of the people are choosing only top coins because they grow with surety even if this growth is not much faster but is sure.

New coins are coming but about its success only experts can identify therefore newbies and common people can only get profit by investing in top coins. Those who want to get huge profit in just a month have the wrong concept because everything can happen in the crypto market and about future prices we cannot predict accurately so we have to hold until it gives us good payback.

Its a common practice for retail investors to chase liquidity. Where there is liquidity, the price will surge, no matter what the current market condition is. Also, a new project has the money to do intensive marketing, which is a reason for the mega pump of many projects when they have been criticized for their fishy behavior. The market respects cash and if you have cash and can pay KOLs then your project will do well in terms of price, no matter how strong the project is. That is the reason new project has a better chance for short term profits.

Kristiyana

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Eloncoin.org - Mars, here we come!

Well I can't really advice you to join or invest in that project cause I don't know if the project is genuine or fake. There are some project you can't actually tell what will be the outcome and there are some you can predict easily. life is all about risk and trying, you can take the risk or you try if you are persuaded in your mind to do it then pray and hope for better outcome.

Jonyshake71

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Op you should rather Focus on good projects with solid fandmental rather than focusing on scam or bullshit projects. Why you wanna invest such unknown project which doesn't have any solid proof or indication what could confirm your profit but easily stole your money. It seems you mentioned a memecoin coin! If so, then why these scam projects? Or if you have to choice memecoin then rather choice doge or shiab. At least they won't downfall within one night but have power to makes you profitable!

AnonBitCoiner

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Eloncoin.org - Mars, here we come!

Quote from: tengui on April 19, 2024, 12:47:55 AM

actually this is very easy and simple, just invest in the top altcoins and you have invested in a good project. However some investors think that if they invest in the top altcoins the profits they can get are not that big and will take a long time. It is on this basis that investors seek to invest in new projects in the hope of making large profits in a short time.

In most of the cases people choose quickly surging projects instead of top one so they are risk takers but everyone cannot take such risk because invested money does not come with ease for them. Most of the people are choosing only top coins because they grow with surety even if this growth is not much faster but is sure.

New coins are coming but about its success only experts can identify therefore newbies and common people can only get profit by investing in top coins. Those who want to get huge profit in just a month have the wrong concept because everything can happen in the crypto market and about future prices we cannot predict accurately so we have to hold until it gives us good payback.

tengui

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Quote from: Bushdark on March 24, 2024, 06:38:05 AM

Quote from: tengui on March 24, 2024, 05:19:29 AM

If you are not ready to lose money don't invest in new projects because the risk of investing in new projects is very high. If you are ready for big profits you should also be ready for high risks. My advice is that you should invest in large altcoins such as ETH and BNB because the risk tends to be lower.

I think many people need to understand this because it is not easy to keep losing more to new projects.
Some of investors do not know how to search for interesting and profitable projects and that is why we need to do to make sure we don't keep losing money because that money could be used to do somethings that are more valuable. The crypto market is big and looking for good projects out of numerous bad ones is one thing we need to make sure we take very seriously or else we might lose.

actually this is very easy and simple, just invest in the top altcoins and you have invested in a good project. However some investors think that if they invest in the top altcoins the profits they can get are not that big and will take a long time. It is on this basis that investors seek to invest in new projects in the hope of making large profits in a short time.

bettercrypto

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Quote from: Henry133 on February 13, 2022, 06:51:00 AM

hello everyone
i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named Valentine.finance on BSC and they will be launch on 14th of Feb means on valentine's day and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. i also share whitepaper and website link
Whitepaper: https://valentine.finance/whitepaper.pdf
Website: https://valentine.finance/

You know that in this era, there are still many people investing in new projects in the crypto space. That's why you should know if you belong to the investor category: are you the type of investor who first finds out or conducts research on a crypto coin that you will invest in?

Or maybe you are the type of investor who just gets carried away by the hype and doesn't do research anymore, or you don't know if the coins are legitimate and have potential. When you find out where you are, you yourself will be able to answer your question for sure.

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