Topic: should i invest in new project? - page 5. (Read 8675 times)

Deciding whether to invest in a new cryptocurrency project can be quite the decision, filled with excitement and uncertainty alike. It's great to see your interest in exploring new opportunities! When considering investing in a new project, it's always wise to conduct thorough research. Look into the project's whitepaper, team, roadmap, and community engagement to gain a better understanding of its potential. Assessing market trends and your own risk tolerance can also help inform your decision. Remember, investing in cryptocurrency carries inherent risks, so it's important to proceed with caution and only invest what you can afford to lose. Wishing you the best of luck with your investment endeavors!

learn from previous experience.
Indeed, usually new projects always offer their projects in a nice and easy way.
But keep in mind that new projects always fail, especially if we rush to invest in new projects.
I think it's necessary to undo the intention.
Don't let it happen again, but if that's all you can bear the failure and loss without complaining.

We can invest in new projects, there's nothing bad in that, but we must first have the required knowledge and informations about the project we are investing on through the research we make, we also need to understand that everything will work under taking risk because we cannot do without having such, anything that must be profitable has to have it's own little way of challenging us in taking risk on them, this will probably help us to know the value and worth of them after their achievements.

Of course you can invest in new projects, but only after doing feasibility (DYOR). But if you invest in new projects, I think you should invest in small amounts. Moreover, new projects are not always hits.
Don't invest in all projects that say metaverse.

I think people should not be too fast to invest in  new project,  it is better to take a good time to make research if it is a good project that is worth investing. Reading the whitepaper, going through the roadmap is very important to know if a project is a better one to invest.  But foe me I would not advice beginners to puth their focus in investing new project because their a lots of scam projects in the market claiming to be real for investing.

It seems like that, but don't forget to look at the fundamentals, this also means that if they are able to withstand market corrections like now, then they can be categorized as being able to produce and provide other benefits to their users in the form of big profits in the bull market later, otherwise it is better to choose old coins that have been tested, for example SOL or BNB. One more thing, if Altcoin holders cannot control their emotions and psychology in maintaining them, it is certain that their estimated funds will continue to decline because they are busy looking for cheap prices on new coins.

Yes dear, some days ago I was reading such kind of thread where OP was asking from others whether investing in memecoin is worthy or not. So in my opinion I would never advise any person to invest in Bitcoin because it works on high-pumping and dumping schemes and has high risk on the investor investment. The crypto market can survive without memcoins and shitcoins. Obviously, many memecoin scam investors amount so the best is to avoid investing in memcoin. otherwise, if any have any kind of interest in buying memecoin they can buy it at their own preference or risk. DYOR

If you have money you can invest anywhere but personally your shared project is unknown to me so i am leaving it. If you want to invest from new projects then choose your best from ieo, ido managed projects. All these projects exchange listings are genuine so you will be free from scams. Moreover especially at this time there are many meme coins are entering the crypto market and they are scamming in a very short span of time.

The tide of new coins is always flowing and almost every day I see new coin promotions. Thousands of such old coins are now dead so if you are more excited about crypto investment you should definitely buy new coins. If you research you will find that many good coins are entering the market through ido at this time. You can purchase all those tokens if you want. Before the bull market comes some new coins will enter the crypto market and they will give good profit in the bull market.

In this case my opinion is that anyone who wants to invest in new projects so my advice is that first see the project whitepaper there roadmap there partners etc all important thing then if project are strong so invest in this definitely they give profit otherwise if directly invest without any search it's a very risky...

Investing in the new projects you are talking about is very risky. Because when we see any new coin in the market, the price of that coin suddenly increases and after a few days it suddenly decreases by a lot. So those who buy the coin when the price of this coin goes up, they stand to lose a lot when the price of this coin goes down.

I've also seen coins in the market that skyrocketed after they hit the market but have since steadily declined. So we should do a detailed analysis of the road map of the coin we are going to invest in and then invest. If we invest properly in the right currency then surely our results will be satisfactory.

So I think there are many better alt coins than investing in new projects you can invest in them too. Also if you don't want to take risk and want to be safe then I would say invest in Bitcoin. Investing Bitcoin is very safe and less risky and even profitable for everyone but it should be hold for a long time.

Well, that's right. Investing in a new project is quite risky, because we don't know whether the project can last long or not. I have had several bad experiences in investing in new projects, namely, at the start of investing, I made quite a large profit, but because I held the coins for too long without paying attention to the available information. In effect, very many pre sale buyers have had their coins unlocked, and they sell the coins and take advantage from the start. This caused the price to dump, and I had to wait even longer for the coin price to rise. However, there are many things to consider when investing in a new project. However, on the other hand, the right new project can also give you quite good profits.

Based on this information, here are some of my suggestions:

Do your own due diligence before investing in any crypto project, especially new and unproven ones. Read the whitepaper carefully, check the team’s background and credibility, and verify the project’s legitimacy and security.

Be aware of the risks involved in investing in crypto, such as volatility, hacking, scams, regulation, and competition. Only invest what you can afford to lose and don’t put all your eggs in one basket.

Don’t fall for the hype or the FOMO (fear of missing out). Crypto projects often use marketing strategies and events to attract investors and create artificial demand. Don’t let emotions cloud your judgment and do your own research before making any decisions.

Look for the potential value and the long-term vision of the project. Crypto projects that offer real-world solutions, innovative features, and sustainable growth are more likely to succeed and deliver returns than those that rely on gimmicks, trends, and speculation.
I hope this helps you make an informed decision.

Some new investors may buy new coins because of the cheap prices. They probably assume the prices of the coins must increase, but it is totally wrong. There are too many factors that influence the price growth, it doesn't only depend on how long the projects exist. The prices of new coins can be lower and lower because of no progress of the projects. They also can be no prices (dead coins) if the teams/developers disappear and took away investors' money. So, be careful to choose new projects.

You're right. Most investors must do deep analysis before they deciding to invest in certain projects. Moreover, we have too many shit projects, the investors will be more careful to invest in new projects. Most of them prefer to choose new coins launched by popular exchanges. Investors are no longer interested in ICOs or the like.

I assume most investors become more realistic. They don't buy random coins from any new projects. After many scam cases, new projects are not easy to get money during the fundraising stage. It indicates that most investors doubt with new projects if the coins/tokens are not launched in reputable exchanges.

The cryptocurrency market is going across the globe with a new dimension of investment method in every session, just like metavers project has come to crypto market last season of Bull Run market with hype of Facebook. And the next bull run session is around the corner, which is time to invest more in alt-coins.

It does not matter that you are choosing new or old coins because the main thing is to choose profitable coin whether its new or old. Every new project which is cheap in price does not mean that it will go more higher because every cheap coin does no prove to be good in future. Some new coins are good but they needs a research as we have no information regarding its success and also have no past history whereas in case of old coin we have solid proof about its past like we know about bitcoin, Ethereum and BNB better but other coins cannot be trusted because of new origination and no past successful history.

Investing in new projects is risky because new projects make hype in the market for some time but after some time that particular project will start to play shit hmm but if anyone is still willing to invest in new projects so my advice is that invest only the small amount that can be bear in form of lose. If I share my recent experience I invested in 1000sats and JITO but a very low amount. I invested for a very short time frame after it gave me some profit I fetched my all amount of these projects.

I shared my experience so play on your own end if you are still interested investing in new projects. DYOR

This advice of being careful is applicable to all coins and not meme coins anymore, but truly, that meme coin is just for the jokes of it with no good projects related to it. That is what lazy developers will like the more, we should not fall for it, it is not worth it. Really, all cryptocurrencies are just being made in the name of things, and not that they have that kind of true value as many would say if we think better. It is the money they inject into them and how people value them that is causing them to be valuable, nothing else. For this, meme or not, it is because they call it that name, projects are projects, and now, it depends on the developers, the marketing and the community that supports it, that make a good project.

However, these days, it is good that we are more careful though, meme coins might have lived their time as we can sense that through the way Dogecoin and Shiba Inu are slowly moving. But in another thought, some meme coins moved outstandingly last year, so it is not easy to generally give advice on this, nonetheless, let's just be careful and watchful, and be wary of the new meme projects. Even scammers can be lurking around it too to steal our money. It's no news, scammers are everyone's crypto too, and we should entirely be careful because of this.

If you know how to find timing then its good  to invest in new project but remember that most of them are staying for short period meaning new projects are money making pot of either scammers or those who are for Pump and Dump , meaning this is not how the true projects should be.

Also there are there are new project that can be created originally now as all of the possible and potential one is already in the market.

Usually these are my criteria on choosing up a project.

1. Doxxed dev
2. Good tokenomics
3. Good roadmap
4. Realistic goals and targets

If ever one of those things didnt convince me off, then i would simply skip up and look for another project. We do have tons of projects in the market on which
you would really be needing to be careful on choosing on which one, because if you dont then you would really be ending up on investing on the wrong project.
Sometimes luck would really be that playing some role into this one. It would really be just that normal that you would encounter some good projects
but ended up not getting any attention whereas those shit ones do really go into the roof.