Should I invest in new projects. - page 6.

Wiwo

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Quote from: cabron on September 17, 2023, 02:59:49 PM

Sometimes when we listen to users who advise us to only focus on BTC, it strays us from making a profit especially when we see the potential of a token that may just dast track its bullish market.

I saw this Toncoin (TON) last year which had dropped to its lowest point. I almost bought some of it but just thought I would hold my BTC longer. Had I concluded my research and decided to buy, I would have made a big profit from TON. Now in the top 10.

This is the lamentation of many cryptocurrency investors including myself and most other members of this forum, but then before you blame anyone or yourself about what hard happened in the pass that have limits your potential profits as perceived by you, first take the time to check how many of those that have made such profits end up losing it to another scam tokens.

The reason members of the forum always advice you to do your own research before investing in any project including bitcoin because even with bitcoin, your entry point and exit point matters when it comes to your profits maximization.

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Quote from: Donald250 on September 08, 2023, 08:03:53 AM

anyone here heard about the DingDang Bubble project it is upcoming meme coin i read this project and it looks interesting because they are offering utilities that no other meme coin have also the project and team looks solid and most of the utilities they claim will be live before launch but still i am afraid of losing money because i already lost too much so can some experts read this project and give me a suggestion should i have to ape in this project or not because i missed pepe shiba doge many solid meme coins but i have good feeling against this project. I also share website and whitepaper links
Website: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

I checked their Twitter account, this account was created in 2021 and I saw that their followers only had 2000+, apart from that on their official website, the dingdang developer included Binance, Uniswap, Coinbase as partnerships but there was no link to it, this was clearly just icing on the cake and it's not true.

my conclusion, be careful investing in this dingdang project, this project seems to only end badly, if you study what happened to the meme tokens that exploded, they got free marketing from big influencers (dogecoin = elon musk & shiba = vitalik)

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Quote from: Donald250 on September 08, 2023, 08:03:53 AM

anyone here heard about the DingDang Bubble project it is upcoming meme coin i read this project and it looks interesting because they are offering utilities that no other meme coin have also the project and team looks solid and most of the utilities they claim will be live before launch but still i am afraid of losing money because i already lost too much so can some experts read this project and give me a suggestion should i have to ape in this project or not because i missed pepe shiba doge many solid meme coins but i have good feeling against this project. I also share website and whitepaper links
Website: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

This is a new project here, so I haven't heard of it, but even so, there's a lot of doubt surrounding it, so be cautious of people who are being deceptive. Meme coins and stable coins both serve different purposes, so you can invest based on your demands and knowledge. I have a few friends who make money by investing in meme coins. It's not an impossible option, but you should be sure you can go through it.

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Cryptocurrency market is on the Bear market, where most of coin's are cheap to buy and the time is now, stop procrastinating, because is dangerous in crypto market. Hence, the new coin just mentioned is my first time to had about the meme coin's, is good to make a research before investing the Coin.

The Cryptovator

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Most probably, you are shilling a shitcoin. However, I don't prefer to invest in any new tokens that haven't proven trustworthy. They will make a lot of promises and raise funds. At the end of the day, they will skip with funds and leave investors. If you are thinking of becoming quick rich by investing in a brand new project, then just think that you are gambling with your funds with 99% chances of losing. It's better to make less money in a solid way where risk is less as well. Trade with a couple of established altcoins if you really want to play with altcoins.

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Sometimes when we listen to users who advise us to only focus on BTC, it strays us from making a profit especially when we see the potential of a token that may just dast track its bullish market.

I saw this Toncoin (TON) last year which had dropped to its lowest point. I almost bought some of it but just thought I would hold my BTC longer. Had I concluded my research and decided to buy, I would have made a big profit from TON. Now in the top 10.

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Quote from: fullhdpixel on September 17, 2023, 02:19:22 PM

Quote from: Yamifoud on September 16, 2023, 06:14:11 AM

Quote from: Patrol69 on September 16, 2023, 12:02:38 AM

Investing in any new project is always risky so before investing you must check the new project thoroughly before investing. We constantly see a lot of new projects in the market, so it is very difficult to find out which project will be real among so many new projects. I have lost my money by investing in several new projects in the past so right now I am completely refraining from investing in new projects. Investing in new projects will definitely show you the temptation to get more profit, but investing in new projects carries a lot of financial risk. Instead of investing in new projects, there are various ALT coins that are currently in a good position in the market.

Checking was not enough because it was still hard to determine if a new project would become successful, pretty no assurance that even the team was solid. In fact, we often fall into scam projects believing that the people behind the new project are real but they're.
I don't say never but if we are smart, we'd rather choose those projects that have already established reputation and trust. Of course, those projects already have use cases and market demand as we can assure that our money won't just vanish in the tin air after buying.

If you do proper research, you will easily find out whether the team behind a new cryptocurrency project is real or not. If the website doesn't give you access to the LinkedIn pages of their team members, it's clearly not a legit project because it is not possible for a project to have an experienced team but they aren't available on LinkedIn since it is the social platform for professionals and every single working individual these days must be available there.

Also, if you closely follow and watch the social channels and their ways of interaction and their tweets and other stuff, you will get an idea about the project. If there isn't much news and updates, there is absolutely no interaction with the users, and there are no partnerships and stuff, then the project surely isn't real.

I agree, there are lots of ways to check if a project is legit and trusted and if it is being run by a trusted team. However, faking it these days is also easy. It is now easier for scammers to fool people by making it look like they're reputable. It is important that we'll not do a research but we must do it deeply and thoroughly. We can also check their community and check on trusted forum like this to see if they're legit or not. Hearing the opinion of trusted crypto users will also be a big help.
Scammers nowadays already know how to make their project look legit and they're getting ideas from big projects as well and that's we should observe. We should be keen observants and check every single detail about the project.

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Quote from: Yamifoud on September 16, 2023, 06:14:11 AM

Quote from: Patrol69 on September 16, 2023, 12:02:38 AM

Investing in any new project is always risky so before investing you must check the new project thoroughly before investing. We constantly see a lot of new projects in the market, so it is very difficult to find out which project will be real among so many new projects. I have lost my money by investing in several new projects in the past so right now I am completely refraining from investing in new projects. Investing in new projects will definitely show you the temptation to get more profit, but investing in new projects carries a lot of financial risk. Instead of investing in new projects, there are various ALT coins that are currently in a good position in the market.

Checking was not enough because it was still hard to determine if a new project would become successful, pretty no assurance that even the team was solid. In fact, we often fall into scam projects believing that the people behind the new project are real but they're.
I don't say never but if we are smart, we'd rather choose those projects that have already established reputation and trust. Of course, those projects already have use cases and market demand as we can assure that our money won't just vanish in the tin air after buying.

If you do proper research, you will easily find out whether the team behind a new cryptocurrency project is real or not. If the website doesn't give you access to the LinkedIn pages of their team members, it's clearly not a legit project because it is not possible for a project to have an experienced team but they aren't available on LinkedIn since it is the social platform for professionals and every single working individual these days must be available there.

Also, if you closely follow and watch the social channels and their ways of interaction and their tweets and other stuff, you will get an idea about the project. If there isn't much news and updates, there is absolutely no interaction with the users, and there are no partnerships and stuff, then the project surely isn't real.

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Quote from: Donald250 on September 08, 2023, 08:03:53 AM

anyone here heard about the DingDang Bubble project it is upcoming meme coin i read this project and it looks interesting because they are offering utilities that no other meme coin have also the project and team looks solid and most of the utilities they claim will be live before launch but still i am afraid of losing money because i already lost too much so can some experts read this project and give me a suggestion should i have to ape in this project or not because i missed pepe shiba doge many solid meme coins but i have good feeling against this project. I also share website and whitepaper links
Website: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

Their is some certain things that is not wort ask people, I know quite well that during investment or a new projects we do ask questions to our satisfaction in order to know about a particular project that we may like to invest, in thus case a syou said is a new projects, what you have to do is verify or make a research concerning the projects properly before any further investigation before investment, actually some persons will give a hit or what they understand in this project, but for I will like a situation whereby you concentrate and make a proper research of this project

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Quote from: Donald250 on September 08, 2023, 08:03:53 AM

anyone here heard about the DingDang Bubble project it is upcoming meme coin i read this project and it looks interesting because they are offering utilities that no other meme coin have also the project and team looks solid and most of the utilities they claim will be live before launch but still i am afraid of losing money because i already lost too much so can some experts read this project and give me a suggestion should i have to ape in this project or not because i missed pepe shiba doge many solid meme coins but i have good feeling against this project. I also share website and whitepaper links
Website: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

Your feelings don't deceive you. In the sense that you are afraid of losing money (which is 99.9% likely to happen if you invest in this project), and not in the sense that you have a good feeling about this project.

All such projects are specially designed to make it look interesting. Where have you seen shitcoin projects that immediately looked hopeless? There is no need to be deceived by the bright cover of the project, behind which there is usually nothing but a desire to extract money from you.

What's wrong with bitcoin for investing? Or already known altcoins, like eth? Are you chasing super profits? Then you will receive excess losses. Avoid investing in junk.

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Quote from: shinratensei_ on September 16, 2023, 07:24:42 PM

~snip~

You need to remember that a bull run will not have an effect on coins that have no progress, even if they are old coins or are quite well established.
Learn from many coins that went bankrupt in the end. Always doing research is important even if the coin is an established or old coin.
There are also some new projects that are good and provide quite large profits, but that's only part of it and most new projects are just pump and dump schemes.

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And, here we are again with another newbie posting a thread where the subject title is a question, but the content of a thread is a promotion regarding a new project. Can I ask you OP if how much did you get paid promoting that project? Meme coin? That alone is already a red flag to me, and I will never invest into any meme coins anymore with exception of DOGE maybe.

Didn't read any of what you're saying. I just simply ignored it.

Quote

Re: Should I invest in new projects.

To answer this question, I would say no, but this is very subjective because there are some investors out there who can risk some of their money investing into some new projects. I'm more of a conservative investor that's why I don't want to risk my money investing into this type of projects.

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Well this can be a risky thing for you to do investing in new projects. We are seeing a lot more rug pulls and pump and dumps now with crypto just being more popular. And people that want to get rich very fast.

I think if there is a interesting project you can invest just small amount of your capital. Because if you want to earn profits in the long term of investing you can just buy and hodl Bitcoin and Ethereum. And some other alt coins with top marketcaps.

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Quote from: Shamm on September 16, 2023, 11:56:46 AM

Investing into a new project is little bit risky for me cause we all know that once we fall into a trap by those new scam project then we will loss a lot of money for it so the best thing we should do if we are going or planning it try in new project then we should take and action about it we should investigate first or do a further research so that we will know thier background.

At some point people need to stop doing this to themselves, new projects harbor the possibility of producing more profits than bitcoin, but the chances of this happening are so low that it makes no sense to sacrifice the profits you could get with bitcoin or ethereum for such a distant possibility, however at the end each person has to decide what asset they want to buy with their money, and if they like those altcoins then they can buy them, but I will admit I am getting tired of reading their complains once they are scammed and they finally realize they should have listened to us.

cute nmp

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Why not ,it is good to invest on new and upcoming project especially the ones that have good concept and team behind them. Personally i prefer to invest in projects that have good partnerships from reputable companies and organization most of such projects never disappoints.

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Quote from: Shamm on September 16, 2023, 11:56:46 AM

Investing into a new project is little bit risky for me cause we all know that once we fall into a trap by those new scam project then we will loss a lot of money for it so the best thing we should do if we are going or planning it try in new project then we should take and action about it we should investigate first or do a further research so that we will know thier background.

no need to do that if you could just follow the general rule of investing only through the platform of popular exchange and you're set, let all the burden of the reviewings to the expert of the respective platform what we need to do is to determine the overal image of the project and sees whether they are worth investing, though the difficult thing is getting ticket to invest.

Quote from: Yamifoud on September 16, 2023, 06:14:11 AM

Quote from: Patrol69 on September 16, 2023, 12:02:38 AM

Investing in any new project is always risky so before investing you must check the new project thoroughly before investing. We constantly see a lot of new projects in the market, so it is very difficult to find out which project will be real among so many new projects. I have lost my money by investing in several new projects in the past so right now I am completely refraining from investing in new projects. Investing in new projects will definitely show you the temptation to get more profit, but investing in new projects carries a lot of financial risk. Instead of investing in new projects, there are various ALT coins that are currently in a good position in the market.

Checking was not enough because it was still hard to determine if a new project would become successful, pretty no assurance that even the team was solid. In fact, we often fall into scam projects believing that the people behind the new project are real but they're.
I don't say never but if we are smart, we'd rather choose those projects that have already established reputation and trust. Of course, those projects already have use cases and market demand as we can assure that our money won't just vanish in the tin air after buying.

thats true for some people, if it seemed that making research and determining a good project is hard, just invest in established project. big fat chance the return would be exactly the same.
after all in bullrun every coin gonna rise in value.

Huppercase

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Quote from: Donald250 on September 08, 2023, 08:03:53 AM

anyone here heard about the DingDang Bubble project it is upcoming meme coin i read this project and it looks interesting because they are offering utilities that no other meme coin have also the project and team looks solid and most of the utilities they claim will be live before launch but still i am afraid of losing money because i already lost too much so can some experts read this project and give me a suggestion should i have to ape in this project or not because i missed pepe shiba doge many solid meme coins but i have good feeling against this project. I also share website and whitepaper links
Website: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

What you need to understand is that this project is another shitcoin. If there is another word that is worse than shit coin, I will say that is what they really are. Their website be default is in Chinese, I don't know their motives but no serious project will make China there only place to hunt for investors due to the fact that people are ban from engaging into crypto currency, they have totally ban it, so no serious investment or croudfund that is going to succeed over there.

Don't let yourself be consume with greed OP, if you buy any new projects before they are listed on any exchange, you will not make any profits, those glorious days are not available again, only few IEO and IDO bring profit right now, you will only waste the money you ought to have use to enjoy your life for this scamming projects that has nothing to offer but only losses. Go for coins that already on exchange.

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Quote from: Yamifoud on September 16, 2023, 06:14:11 AM

Quote from: Patrol69 on September 16, 2023, 12:02:38 AM

Investing in any new project is always risky so before investing you must check the new project thoroughly before investing. We constantly see a lot of new projects in the market, so it is very difficult to find out which project will be real among so many new projects. I have lost my money by investing in several new projects in the past so right now I am completely refraining from investing in new projects. Investing in new projects will definitely show you the temptation to get more profit, but investing in new projects carries a lot of financial risk. Instead of investing in new projects, there are various ALT coins that are currently in a good position in the market.

Checking was not enough because it was still hard to determine if a new project would become successful, pretty no assurance that even the team was solid. In fact, we often fall into scam projects believing that the people behind the new project are real but they're.
I don't say never but if we are smart, we'd rather choose those projects that have already established reputation and trust. Of course, those projects already have use cases and market demand as we can assure that our money won't just vanish in the tin air after buying.

And we do have this particular common situation;

•Shit projects do get more attention or traction which even their utility isnt that worth or considerable but token/coin prices values are high.
•Good projects which does have actual utility and does have that potential but ending up on getting no attention which ends up on failure.

This is why its really hard to point out fingers on which project you should really be investing with because with this kind of unpredictability when it comes to choosing on which project
then it would really be a big challenge plus you cant really be able to tell on which one would shoot up and which one would fail.It all matters with the demand
and recognition because not all would really be able to get their marketshare and this is where success of a project would really determined.

Shamm

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Investing into a new project is little bit risky for me cause we all know that once we fall into a trap by those new scam project then we will loss a lot of money for it so the best thing we should do if we are going or planning it try in new project then we should take and action about it we should investigate first or do a further research so that we will know thier background.

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Quote from: Patrol69 on September 16, 2023, 12:02:38 AM

Investing in any new project is always risky so before investing you must check the new project thoroughly before investing. We constantly see a lot of new projects in the market, so it is very difficult to find out which project will be real among so many new projects. I have lost my money by investing in several new projects in the past so right now I am completely refraining from investing in new projects. Investing in new projects will definitely show you the temptation to get more profit, but investing in new projects carries a lot of financial risk. Instead of investing in new projects, there are various ALT coins that are currently in a good position in the market.

Checking was not enough because it was still hard to determine if a new project would become successful, pretty no assurance that even the team was solid. In fact, we often fall into scam projects believing that the people behind the new project are real but they're.
I don't say never but if we are smart, we'd rather choose those projects that have already established reputation and trust. Of course, those projects already have use cases and market demand as we can assure that our money won't just vanish in the tin air after buying.

Topic: Should I invest in new projects. - page 6. (Read 1205 times)