Should newbies Invest in new Projects - page 14.

Kelvinid

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Quote from: lienfaye on May 16, 2022, 07:09:27 AM

Its risky for newbies to invest in new projects unless you're really certain that it is legit. It would be better to invest in old projects like well-established coins because they are already existing for years and even the market is in bearish, its not going to be dead and still bouncing back once the market recover. So if you're a newbie choise wisely on where to invest your hard-earned money.

It is really hard to find legit from these new projects that is why I don't encourage newbies to put risk their money at them.
As we aim for better results, less risk, and can assure to have ROI, therefore, we have to choose coins that have been known for their gaining potential like Bitcoin and Ethereum.

It is very important for them to study and familiarize the market so well and never consider themselves just newbies. They should have to invest time knowing crypto first before investing in crypto if they want to succeed.

Rengga Jati

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Quote from: WalkerIVIV on May 16, 2022, 06:14:14 PM

investing in new project honestly isn’t some trivial matter, just imagine the risk you could literally lose majority of your investment if the project failed to deliver what it really promised.

That is exactly true, although we have done a deep research and think that the project is legit and has potential for future development, in fact, investing in a new project is more gambling. The project may grow very well and develop to be top coins, but oppositely, they may head to the end and die. None can guarantee the future if the projects will be exactly promising or not. Moreover if we see the previous condition of the market, only very a few projects can survive and grow as potential assets, but they are also still risky because we don't know how long the project will actually survive.
If we are not a high risk investor, we are better to avoid this nkind of proejcts. But if we are high risk investor and have eebn usual by taking profits from dump and pump, so just go on with our own risk management.

WalkerIVIV

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investing in new project honestly isn’t some trivial matter, just imagine the risk you could literally lose majority of your investment if the project failed to deliver what it really promised.
instead newbie should just stick with an already existing project like ETH and the likes since the worst case scenario is that this investment could go down few percent and could literally go back up again in the future.
meanwhile the new project could literally vanish into thin air

TribalBob

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It's not recommended to invest in a new project, my friend, because if you invest in an existing new project, you get a scam, not the expected profit. try a little research so as not to be deceived

Menawi12

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Quote from: Desmong on May 16, 2022, 05:22:09 PM

Investing in new project is very risky especially at this time when the market is not stable. We need to do proper DYOR first before investing in new project to prevent being rugged. There are a lots of scam projects in the market now and we need to be very sensible to identify them or better still stop investing in projects that does not have a good brand. I almost fall Victim to a particular crypto project but was lucky to properly do research before investing.

good projects some come from new project which is under estimated by crypto investors. we didn't know its potency till we observe on their paper and product developtment. give room and chance for new project to growth, maybe ethereum at that moment also called risky but today we see how this coin growth. we could see the next ethereum if we support them as long as this is good project.

Desmong

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Investing in new project is very risky especially at this time when the market is not stable. We need to do proper DYOR first before investing in new project to prevent being rugged. There are a lots of scam projects in the market now and we need to be very sensible to identify them or better still stop investing in projects that does not have a good brand. I almost fall Victim to a particular crypto project but was lucky to properly do research before investing.

NewRanger

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Quote from: crzy on May 16, 2022, 04:50:33 PM

The risk is there and newbies should not deal with those projects since they are still not familiar about this market and if they do invest without doing any analysis, that could be more risky. I suggest to every newbies to keep on learning, analyze first before you invest and for me joining any signal group is not a good idea so better to stay away from them.

it is truely speculating in their investment , popular or familiar could not be benchmark in our investment. we should be objective with our research based on product they will build. without main product key that have utility in crypto ecosystem its nothing. joining in every signal group didnt give us good knowledge in analisys , it make depend on them .

crzy

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The risk is there and newbies should not deal with those projects since they are still not familiar about this market and if they do invest without doing any analysis, that could be more risky. I suggest to every newbies to keep on learning, analyze first before you invest and for me joining any signal group is not a good idea so better to stay away from them.

nurilham

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Quote from: Keith010 on May 14, 2022, 01:57:28 PM

Should newbies Invest in new Projects

Better not to.
Investing in new projects is highly riskier than investing in old projects. old projects that have passed the market condition, are listed on top exchanges, have a high market cap and trading volume, and also have big communities are also able to experience big crashes and make stress. How's about the new project? They are more to be shit projects and lead to the dead projects even before being traded in the top platform.
However, if you are a high-risk taker and have no problems with the risks, just go on investing in new projects. this will depend on your own decision based on DYOR. Not every new project is bad and shit, but how we can know the one is exactly legit as newbies? based on luck? guessing? No, this will not work.

keyscore44

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Quote from: Keith010 on May 14, 2022, 01:57:28 PM

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 move to earn is really trending like stepn everyone join these projects and everyone makes good profit just because stepn makes trends everywhere. According to this analysis there is a project named Marathoncash.com on BSC and also have EVM Comptiable and they will be launch on 15th of May means on tomorrow 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://marathoncash.com/whitepaper.pdf
Website: https://marathoncash.com/

I have a strange feeling that this thread is not really a question of project quality, but just a silent advertisement.
In my opinion, all kinds of projects related to "move to earn" are a huge risk. Of course, I support a healthy lifestyle and such initiatives can be motivating, but the number of such applications on the market is already so large that creating new ones is simply absurd and I doubt that even speculators would believe that another project could be successful.

justdimin

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Quote from: hyudien on May 16, 2022, 03:27:30 AM

I'd rather get into the program that Binance releases than venture out there at the risk that it would be hard to accept. The Binance launchpad provides something that can at least minimize investment failures in shattered projects. For that reason, it becomes the most targeted target among investors who don't want to do in-depth research but Binance provides a simple choice.

Plus, it allows projects to get in front of way too many people. I have seen plenty of projects who got attention more than they deserved and also projects that didn't anticipated that much attention even if they deserved.

The first one is simple, it is a horrible project that shouldn't have gotten that much attention and in the end they ended up with nothing at all and they ended up with getting a bit of "hacking" going on, basically an exit scam to just rugpull and leave. Second is harder, they could be legit project, but since it grew too quickly, there are demands from investors that they can't meet with and that causes a lot of problems.

lienfaye

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Its risky for newbies to invest in new projects unless you're really certain that it is legit. It would be better to invest in old projects like well-established coins because they are already existing for years and even the market is in bearish, its not going to be dead and still bouncing back once the market recover. So if you're a newbie choise wisely on where to invest your hard-earned money.

Regarding on the project you mentioned, im not familiar with that so DYOR in order to know if its worth to invest in.

2lica

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Quote from: BitcoinPanther on May 15, 2022, 01:25:30 PM

Quote from: Keith010 on May 14, 2022, 01:57:28 PM

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.

If you have doubt then don't. Never invest on any project that you are not comfortable with. Meaning, after you have done all your researches and still ended with doubt, then better keep away from them. It will save you lots of stress and worries.

It really depends on your risk tolerance. When you're investing money you will always have doubts, but look into the risks and benefits that the project has. Do a market research, check their competitors and make a conclusion which projects worth it more in that "move to earn" category for example. And when you invest always consider that the money you put might be lost Roll Eyes

Fesatmas

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Quote from: kelonmusk on May 15, 2022, 03:15:30 PM

Don't rush, double check before you invest in a new "whatever" project. regarding the project you are referring to, they are in pre-sale stage - Soft Cap 250 BNB & Hardcap 499.9 BNB .
For me personally, new projects tend to be risky but I don't forbid you to invest in them. Also keep in mind that invest what you can afford to lose.

Investing in a new project is twice as risky as a project that is already running and has credibility. You are doing something right by advising not to rush and do your research first. And I don't think we can stop them from doing that either, because it's their right. I hope we are not wrong in choosing to invest in a new project.

Anonylz

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If you are not sure of what to do, better you don't participate or invest in a new project if you are not ready to accept whatever the outcome will be.
Luckily for you, the market is down a lot so you have the opportunity to buy good and trust projects at cheap prices, you don't really have any excuse except you are about to take an unnecessary risk.
If you are still too eager to buy, then my advice is to invest what you can afford to lose in case things didn't go as expected.

cdog

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Quote from: hyudien on May 16, 2022, 03:27:30 AM

Well I'd rather get into the program that Binance releases than venture out there at the risk that it would be hard to accept. The Binance launchpad provides something that can at least minimize investment failures in shattered projects. For that reason, it becomes the most targeted target among investors who don't want to do in-depth research but Binance provides a simple choice.

I've always been active in Binance launchpad program and recently I've had high profits from GMT, so even though the allocation is divided for each BNB holder but Binance launchpad program doesn't disappoint, the benefits of launchpad so far are a certainty and fortunately after that the price of BNB also increases so it will be profitable both of them.

hyudien

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Quote from: erep on May 16, 2022, 03:09:10 AM

Quote from: bounceback on May 16, 2022, 01:59:37 AM

Never put funds into a project if you are not sure about the project yourself, especially with a newly launched project because when the price does not move as you expected, it will make you confused to make wise decisions about your portfolio, better invest in coins or projects you trust because we are not responsible for your finances.

It's a big mistake to risk investing all funds in new projects because many new projects can't reach high prices even for now many new projects can't maintain liquidity from the public sale price, I think the profits from IDO investment have been abandoned except from the launchpad released Binance still opportunity for profit.

Well I'd rather get into the program that Binance releases than venture out there at the risk that it would be hard to accept. The Binance launchpad provides something that can at least minimize investment failures in shattered projects. For that reason, it becomes the most targeted target among investors who don't want to do in-depth research but Binance provides a simple choice.

asyakashi

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it never hurts to start trying, even though you are a beginner but experience in investing is also important, not just knowledge of fundamentals or technicalities. But if you want to ask me for advice on the project, you better be careful, games that are not made with real coins don't have a solid foundation there is a chance they will quickly go downhill, I believe this is a hit and run project.

erep

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Quote from: bounceback on May 16, 2022, 01:59:37 AM

Never put funds into a project if you are not sure about the project yourself, especially with a newly launched project because when the price does not move as you expected, it will make you confused to make wise decisions about your portfolio, better invest in coins or projects you trust because we are not responsible for your finances.

It's a big mistake to risk investing all funds in new projects because many new projects can't reach high prices even for now many new projects can't maintain liquidity from the public sale price, I think the profits from IDO investment have been abandoned except from the launchpad released Binance still opportunity for profit.

danherbias07

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Race-to-earn eh? That's new to my eyes and ears.
I tried reading more about the whitepaper and they have answered a lot of questions. One is the cheating possibility where people would just use an automated running machine and it may look like they are doing it. They said they have GPS but what if it was input into a moving car. Dishonesty today is widespread.

But there is still one remaining in my thoughts. How will it be a long-term kind of thing? Will the money be like a pyramid scheme too, no NFT buyers mean they cannot give away any earnings for those honest daily runners, cyclers, and swimmers.
There must be a chain of how they get funds like with games they need to buy those avatars and equipment in NFT to strengthen their characters and be on top to make the game more fun and profitable at the same time.

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