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Topic: Should I invest in new Projects (Need Suggestion) (Read 543 times)

newbie
Activity: 129
Merit: 0
 Not a financial advice, but investing into new projects gives you the opportunity to find potential moonshots. Every project started out as new before making their way up. It is true that most new projects are likely to end up as Rug-pull projects that is why I take it upon myself to make proper research before investing in new projects. Also, if a credible exchange like MEXC or Binance announces to list a project, I have confidence to invest in such projects. I'm currently looking forward to 20th Feb at 10:00 when MEXC will list LVL. This is the native token of Level Finance, a decentralised perpetual exchange which focuses on high and effective risk management.
legendary
Activity: 2534
Merit: 1338
Hey mate, you will need to be very careful with a new project, because lately, the number of scam projects has doubled and out of every 100 new projects almost 80-90 end up being a scam.

But then if you do much due diligence, you can still lay your hands on a few good projects.

But you should know that there still comes with high risk, since not all their information is provable from the white papers.

Just think that only few projects have emerged successful in the trading market.
The survival rate is very low to most new projects. As the devs realized it is hard to sustain their presence without solid ground.
Most are resorting to the pump and dump scheme to get their pockets full before abandoning their project.
As much as possible, if you are new to this market, better explore the top coins first, btc in particular.
Just try your hands in new alts if you have a good understanding already with this type of market.

The developers of most coins are not thinking on actually creating anything that could last a long time on this market, what they want is for their projects to generate enough attention to at least pump once, that way they can sell the coins they kept for themselves and become rich in a relatively short amount of time, and after that happens they have no incentive at all to keep the project going as they have gotten exactly what they wanted already.
hero member
Activity: 2744
Merit: 588
Hey mate, you will need to be very careful with a new project, because lately, the number of scam projects has doubled and out of every 100 new projects almost 80-90 end up being a scam.

But then if you do much due diligence, you can still lay your hands on a few good projects.

But you should know that there still comes with high risk, since not all their information is provable from the white papers.

Just think that only few projects have emerged successful in the trading market.
The survival rate is very low to most new projects. As the devs realized it is hard to sustain their presence without solid ground.
Most are resorting to the pump and dump scheme to get their pockets full before abandoning their project.
As much as possible, if you are new to this market, better explore the top coins first, btc in particular.
Just try your hands in new alts if you have a good understanding already with this type of market.
hero member
Activity: 826
Merit: 481
Hey mate, you will need to be very careful with a new project, because lately, the number of scam projects has doubled and out of every 100 new projects almost 80-90 end up being a scam.

But then if you do much due diligence, you can still lay your hands on a few good projects.

But you should know that there still comes with high risk, since not all their information is provable from the white papers.
legendary
Activity: 2534
Merit: 1338
Hello everyone Kiss
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
Because of how many scam projects are there and with how many redflags about this project from the mention of above messages then just stay away with it, even though you don't even look at this board again anyway. I don't even know how do you find this project in the first place, where in quick glance this one is not worth to even invest a single penny for, I'd probably search for something better.
If I were to make a bet about how the OP found that project I would probably say that they did so with social media, that is where most new altcoins promote themselves as they can use bots to try to lure in inexpert investors to their projects, still it is quite obvious that the project referenced by the OP is not good at all and anyone thinking about investing in altcoins should stay away from it if they want to see their money ever again.
legendary
Activity: 2758
Merit: 1228
Should I invest in new projects? It depends on the nature of the said project, we can invest in them if it can be trusted or somewhat really worth it. As an investor, we also know how to assess the potentiality of the project, it is not because someone says it is good we also believe it and follow what they say but it was our position as well to make a review and make the final decision. But I would tell you that investing in new projects corresponds with high risk and therefore, we should not be easy with them unless we are sure about it.

Why do I keep reading that investing in new projects is high risk? Where does this stereotype come from? Isn't a project which has already shown x100 and which can collapse and never come to the same values again a high risk? For example TRON or Ripple. Investing in altcoins has the same risks, whether it is a new project or an old project, just the loss of money will be in a slightly different mechanism. It is also worth noting that all old projects were once new.

Maybe the fear came from the ICO token which fail to produce good result to its investors that's why many people generalize it all. Although there are quiet good new project are worth to invest since mostly some of them goes more times pump but still its hard to find this one nowadays. But for risk taker its for them to try since after all risk taker will win once we see crazy pump and those who doubt always regret about decisions they tell earlier about those new project.
staff
Activity: 2436
Merit: 2347
Should I invest in new projects? It depends on the nature of the said project, we can invest in them if it can be trusted or somewhat really worth it. As an investor, we also know how to assess the potentiality of the project, it is not because someone says it is good we also believe it and follow what they say but it was our position as well to make a review and make the final decision. But I would tell you that investing in new projects corresponds with high risk and therefore, we should not be easy with them unless we are sure about it.

Why do I keep reading that investing in new projects is high risk? Where does this stereotype come from? Isn't a project which has already shown x100 and which can collapse and never come to the same values again a high risk? For example TRON or Ripple. Investing in altcoins has the same risks, whether it is a new project or an old project, just the loss of money will be in a slightly different mechanism. It is also worth noting that all old projects were once new.
hero member
Activity: 2828
Merit: 518
Should I invest in new projects? It depends on the nature of the said project, we can invest in them if it can be trusted or somewhat really worth it. As an investor, we also know how to assess the potentiality of the project, it is not because someone says it is good we also believe it and follow what they say but it was our position as well to make a review and make the final decision. But I would tell you that investing in new projects corresponds with high risk and therefore, we should not be easy with them unless we are sure about it.
Most people do not think about the risks, especially if they are tempted after reading one or more offers that contain large returns in a short time. They will not find out more details about the project and directly invest some money. And unfortunately, many immediately use a lot of money to invest even though they don't know whether the project will provide benefits in the future or fail after being released on the market. A wise investor should know his limits and how much money he can invest and should not invest in one project, especially if it is a new project.
Really disappointing and I don't know how to change such things because it was hard to change greedy people from thinking instantly rich.
But I let them do what they think is right (despite it being wrong) because I believe they will somehow change and realized that they are wrong. Some people had just woken up from their wrongdoings after having a bad experience which I think could help them either. They'll somehow notice the importance of being calm and for choosing the right coins.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
if you are afraid of losing money, you should just refrain from investing in new projects I guess, you should just invest in coin that has lost quite of its value but still considered good enough so that you will hardly lose any of your money. the first thing you should know in regard of investing in alts is that 90% of chance the project will fail and that equal losing money.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
Hello everyone Kiss
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
Because of how many scam projects are there and with how many redflags about this project from the mention of above messages then just stay away with it, even though you don't even look at this board again anyway. I don't even know how do you find this project in the first place, where in quick glance this one is not worth to even invest a single penny for, I'd probably search for something better.
legendary
Activity: 2534
Merit: 1338
Hello everyone Kiss
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

I wanna invest in sugaryield.com and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
I also share website and Gitbook link .

Website: https://sugaryield.com/
gitbook: https://sugar-yield.gitbook.io/sugaryield/
If you don't want to get SCAM i think you should avoid this project, it’s listed on Coinmarketcap & i see it’s not listed any major centralized exchanges, now it’s only trading on PancakeSwap but liquidity is very low, it’s seems high risky to invest here if it will long term.

The coin has lost roughly half of its value in just two days and there is even a warning on its page about this coin being dangerous to trade, if that is not enough of a red flag then I do not know what it could be, investors need to stop putting their money in these useless coins as the only ones that earn any money out of them are the developers which release them and receive bitcoin and ethereum for a bunch of useless tokens they could mint in minutes.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
Hello everyone Kiss
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

I wanna invest in sugaryield.com and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
I also share website and Gitbook link .

Website: https://sugaryield.com/
gitbook: https://sugar-yield.gitbook.io/sugaryield/
If you don't want to get SCAM i think you should avoid this project, it’s listed on Coinmarketcap & i see it’s not listed any major centralized exchanges, now it’s only trading on PancakeSwap but liquidity is very low, it’s seems high risky to invest here if it will long term.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
If you're aware of how risks work, then that would be fine especially if you are really seeing a potential from those particular projects. There are many indicators of a good project such as popularity, team behind, and the concept of platform itself. If you are having your own reason, it is only okay to invest in new projects on this industry. The only reason why many people avoid doing so, is simply because of the risk
It may actually be high simply because you'd only know how a project would function once it is released in the market and outcome includes downfall. There are many projects being released on a weekly basis but only few are succeeding.
sr. member
Activity: 616
Merit: 274
Hello everyone Kiss
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
if you already know that the average new project is mostly fraud, why are you investing or wasting your money on these coins. Love your money friend, you better invest your money in Coins rank 1 to 10 on Coinmarketcap. Remember, don't be easily tempted by big profits and a small supply of coins, friend. It is very dangerous. Better the money you have Invest in BTC friends
Be careful guys
sr. member
Activity: 1554
Merit: 374
Vave.com - Crypto Casino
Investing in new project is one of the best way to earn huge money. if you can consider a successful project and invest there on the starting time of that project like (presale, IDO, public sale) then you will get a huge profit but you must consider a successful project. now as a bad market situation must of the project got scam. so you have to research much time to identify a legit project. which project you mentioned here i don't see any potential future of this project so be careful and do multiple research before investment
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Should I invest in new projects? It depends on the nature of the said project, we can invest in them if it can be trusted or somewhat really worth it. As an investor, we also know how to assess the potentiality of the project, it is not because someone says it is good we also believe it and follow what they say but it was our position as well to make a review and make the final decision. But I would tell you that investing in new projects corresponds with high risk and therefore, we should not be easy with them unless we are sure about it.
Most people do not think about the risks, especially if they are tempted after reading one or more offers that contain large returns in a short time. They will not find out more details about the project and directly invest some money. And unfortunately, many immediately use a lot of money to invest even though they don't know whether the project will provide benefits in the future or fail after being released on the market. A wise investor should know his limits and how much money he can invest and should not invest in one project, especially if it is a new project.
hero member
Activity: 2366
Merit: 594
The advantage that I can think of for the person in the community is that it can give them another source of income if they plan to invest in it; this is pretty common because of its high value. We can also easily send money to a person wherever he lives, but this is not the case right now as there are a lot of methods to send money online. The disadvantage is that the volatility of bitcoin can result in a significant loss of investment, especially for those who are new to it. To others, this is an advantage as they can trade on it.
hero member
Activity: 2828
Merit: 518
Should I invest in new projects? It depends on the nature of the said project, we can invest in them if it can be trusted or somewhat really worth it. As an investor, we also know how to assess the potentiality of the project, it is not because someone says it is good we also believe it and follow what they say but it was our position as well to make a review and make the final decision. But I would tell you that investing in new projects corresponds with high risk and therefore, we should not be easy with them unless we are sure about it.
hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
Hello everyone Kiss
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.


You already know new projects are mostly scams, but you still want to invest, which proves you are too greedy, and the result of greed is almost always a loss. No project will be both highly profitable without risk.
In general, investment is risky, and the higher the risk when investing in new projects, if you accept the risk, you can try, but if you are afraid of losing money, you should not invest, especially in projects with high APY so. And if you want to both reduce risk and profit, invest in bitcoin, ethereum instead of shitcoins.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
You can invest in a new project that you think can provide benefits in the future.
But please remember that with so many new projects out there, you should be able to research each one properly so you don't choose the wrong project.
I didn't know about the new project you mentioned and I'm not interested in investing in the new project.
And because of that, you should invest in bitcoin because we have seen the potential profit you will get in the future.
If you are sure about the project by finding out more about the project, including talking directly with the team and even from the team leader, feel free to start investing in the project.
And remember that everything has risks.
When we say benefits, it should be their application. If they have this, people will have a reason to buy them so their value grows too. That is why we investors can earn on them. There are so many new projects but the majority of them are only built to give confusion. If we invest randomly then there is a good chance than we can pick them.

You are not aware of the project the OP mentioned, well obviously because it was still fresh from the box but you can investigate and share what you discover on here, if that one is worthy or just another attempt to deceive the public. I won't advice talking to the projects team because their response are surely going to be biased.
Therefore, I suggest @OP choose bitcoin as his investment instead of choosing a new project where we don't know the future.
It also reduces the risk of losing money after we invest because many new projects cannot increase their price, especially during the altcoin season.
But if he chooses bitcoin as his investment, we have seen how much potential bitcoin can give us so that we will get big profits from bitcoin.
Wise investors should be able to choose from such a large number of projects so that they can benefit in the future and if they still have doubts about the capabilities of each project they come across, maybe they can choose bitcoin.
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