Topic: Should I invest in new projects? - page 10. (Read 3310 times)

You can't invest when you are afraid, before you put your penny in there make sure you have some confidence in the project, team to succeed. Another thing is to invest spare funds that you can let go if things dosent seem positive early enough and you must be ready to be patient for long if you really believe in the project to succeed.

Metaverses were hot but things died down a bit after the Meta announcement. Now L1s like Fantom, Polygon, ICP, Celo are on trend. The Metaverse will be a good play again later this year when Meta launches.

 honestly find metaverse projects these days too risky but I don't see anything wrong with it as long as you have done a series of research about it. But if you want assurance, it would be better to risk your funds in well-established coins, especially those that are on top. It's smarter to invest in coins with a good history and foundation.

New projects give new opportunities. That is why many investors are interested in new and prospective projects to know about such opportunities and earn money on investment.

New projects bring new opportunities but int is necessary to find such opportunities and invest in the projects that will be really useful in the future.
Because there are a lot of scams it is necessary to carefully check everything.

From the little experience I have had, I would say it is a nice idea to invest in new projects. New projects give you better chances of moonshots than already existing projects due to the fact that most have already pumped and dumped and will never get back to where they got as an ATH. For this reason, many choose to go with new projects expecting to make it big when they list in good exchanges like binance for the first time.

On the other hand, some  new projects also find it difficult to cope with the hardship of the market when listed on the secondary market but at a later time, they do very well. If you take it from this angle as well, you will always be reluctant to get into new projects because you may think that you may lose your money when you invest in new projects but that isn't always the case.

From the two above, the one way to get away with loses is to do your own research to reduces loses in investment.

Some projects also, when heard of, one does not need to hesitate to invest in them. One example is https://pstake.finance which allows PoS token holders to deposit their tokens onto the pSTAKE platform to mint 1:1 pegged ERC-20 wrapped unstaked tokens represented as pTOKENs. Users can convert pTOKENs into 1:1 wrapped ERC-20 staked representatives called stkTOKENs by staking the underlying deposited PoS tokens. stkTOKENs, representing staked tokens, accrue staking rewards in the form of pTOKENs.
With the above project, the PoS staker has been given the ability to earn on yield farming pools even though the underlying tokens have been staked. Currently, there are no true proof of stake project that gives such flexibility to its users so pStake is a game changing project that when invested in, is worth it.

It also has one of the most active telegram groups, https://t.me/pstakefinancechat, which makes it a  no worry project to talk about as dead groups(inactive groups) usually denotes dead project.

I really learned this lesson the hard way so I hope you are paying attention to what I tell you now. Yes, it's true that the right microcap project like metaverse startups and games can easily do a 100x but what people don't tell you is that 99% of them fail or were just vaporware scams from the start. Your best bet is to invest in the L1 blockchains that they are built on and then stake those coins to increase your returns. You can still get amazing returns from groundbreaking projects like $BNB, $ICP, and $FTM.

Bitcoin and Ethereum now overvallued that is why investors carefully monitor the market searching for new projects.
But among useful and profitable projects there are a lot of scams, that is why it is necessary to check everything befor investment.

This token has received the highest rate some time ago and if you enter at that time you are likely to have gotten a very high profit because the token has reached ATH since the initial listing on the market, but if we look at the rate given for the token, it has dropped really If we go in now, it's still really worth it because this project is still relatively new, so the possibility of the price going up again is still very large, especially if there is an update from the project platform, the hype given can be higher.

indeed too much risk, but they also have a lot of benefits. such as participating in private sales or participating in the IDO of a new project.
although the average division is also divided for a long time, at the beginning we can get profit. and the rest we will get every month.
what becomes difficult is choosing a project. I have also participated in several new projects that were launched on certain platforms, because the distribution is divided into 1 year, I will get tokens for each month. The first distribution will be profitable, but after that, the price will crash.
not many new projects can last long in the market.

I like investing on new project first time listing on bigger exchange market because could make price drastically pump and available more than 300% up, but right now have several new project not brave listing on bigger exchange market and looks not potential for investing there. Maybe if new project announce will list on bigger exchange market looks interested for investing much money and I see last coin have announce with 6 exchange listing and price pump drastically.

What is wrong with their website? I visit it and it looks neat. It was professionally made, im not exaggerating here or defending them but that was only my honest impression. I like the concept of the game, its like similar to gta. Those games are usually in demand in the market nowadays because they are not boring not unlike to a turn base moves or card based games (sorry if i hurt someone there).

To be sure, you can check their team, see if they have their real faces and do a reverse search if they are really the person in the pic. Investing in a new project sure have its risks, it's important to invest smaller amounts only, so that it won't hurt you if all fails.

If you can choose it well then it's okay. there are many new projects to choose but of course you have to be able to choose the potential projects. keep in mind that the risk of investing in new projects is choosing the wrong project and resulting in big losses. therefore it is important to choose a project that does have good prospects, it can be seen from what future project planning looks like, whether it is worth following or not. Regarding the project you're talking about, I don't really understand that but if you look at the future planning and the team that handles it and it's good, I think that's good too.

Of course, it is worth investing in new projects, especially when such cool projects as Fanfury appear.
The Fanfury platform integrates real sports and allows its users to participate in a number of international tournaments.

After I opened the project website I was not sure that this project could last a long time, and there have been many similar projects but in the end it is just a scamer, if you want to follow a new project then the most important thing in the project is the team that manages the project that can develop their project quickly and they have the maximum target so we have difficulty getting a team like that, Of the many projects we participate in, only a few projects are of such a nature.

Of course, you need to invest in new projects. These are always new opportunities for earning. I can recommend you a new gem. ENJINSTARTER provides an ecosystem designed to launch successful game creators and developers, allowing them to create and grow their blockchain strategy

you should not generalize all new project have high risk, if thinking project that exist at this moment actually also be new project in the past. and look at them , many of them succeed. new project also have good potency as long as we fnd it with great utility and ecosystem. its depend on how you will find this new project, is it categorized as shit project that only spreaded around telegram or you find it from reputable exchange IEO.

New project is good to invest on but the problem is that if the project are good, you can invest and another thing is how to know good project because many projects is scamming project unless you entered into them very well

I think it will be very important if you should look at the community and level of engagement on this project before you start investing in it. Although if it's a new project then you can maybe still invest in it, if it really seems like a good project to you. As time goes on if it is really a good project then the community will grow stronger and also the level of adoption will grow as well.

I have seen so many other gaming project. And to be sincere I have even seen projects that are far much better than this one. I have clicked the link you posted and checked out the website. It doesn’t really seem like a big deal to me. Though I didn’t really go to through whitepaper to read all that. but it is still up to you. Just do your research.

This time around you can’t even tell which of them is going to be successful. It is now like mostly a matter of luck because you can’t tell what the future hold for most of these projects. The competition in the cryptocurrency market is really high these days. This is not the only blockchain gaming project that I have seen, there are so many of them that we have in the market and the competition is already very high this time around.

So, you can’t tell whether the project is going to be huge in the future and for you to be able to make good profit from it. It's just a matter of being ready to take the risk and know that you are on a 50/50 chance here. You are either going to lose or you’re going to win from the choice you make.