Topic: Starting point projects. Are they worth the hype? (Read 216 times)
What you have to understand is many things has changed since 2017, most people are no longer gullible as before, most have changed their mindset entirely, most now go for major coins, most now participate in IEOs in top exchanges and list goes on; this is to show you that a good number of people can't blindly throw money again as it were in 2017. Nowadays, due diligence is the hallmark of everything, therefore until there are good results from the team hardly will anyone invest in any kind of project.
Numerous projects are out there with so many utilities and trying to focus on new one will only make us have duplicate when we could have embraced a project that has that utility.
It's 2020 and we shouldn't expect any bull run like 2017 because there's no pandemic like this one back then. What should be hoped for right now is stability and slow growth.
It's 2020 and we shouldn't expect any bull run like 2017 because there's no pandemic like this one back then. What should be hoped for right now is stability and slow growth.
I can't expect the same bull run anymore like 2017! That time crypto has lots of positive news, ideas, startup projects! Almost every altcoins gained up! But right now if Bitcoin price hits 20K USD, I don't think altcoins will have the same growth except for some! However, I don't see any hype for Bitcoin bull run neither for newscrypto! Everyone is passing a bad time because of COVID-19 pandemic! Newscrypto looks a good deal, but I won't invest in it until I see some major developments!
Currently many things have changed compared to 2017, investors have been more cautious when investing in new projects.
I think in 2020 the market will have good growth, but new projects are difficult to achieve success. I think it's best to invest in the top 50 currencies on the market.
I think in 2020 the market will have good growth, but new projects are difficult to achieve success. I think it's best to invest in the top 50 currencies on the market.
I do not see any major changes in the market as usual it remains same and goes on and I agree there are lot of new projects coming and many are in progress but we need to be very careful while investing in new projects as most of them are suppose to be scammers, I always give priority to the top 25 coins and old projects because for me it's like being in a safer side.
Besides, altcoins are no longer attractive to people like before. Of course I believe the market will recover but we will have to wait a long time.
Hey, what do you think about the projects that serve as the starting point for new people in crypto? Given the projections and everything "fingers crossed" we will soon experience a new bull run like we did 2017. At that time there were numerous people just blindly throwing money into crypto because it was booming.
So are the tokens of projects (lets, for example, say Newscrypto.io that has a school program, predefined charts and simple market indicators) worth a look into?
All this project have a good utility for beginners, but will people use them or just FOMO throw money into btc? What are your predictions on this, would you start on Newscrypto or just straight to the exchange/broker/whatever.
Market condition is completely opposite when we compare it with 2017, so you can invest on new project but you need to have enough patience to get the results if you will get frustated due to the dump due to the market condition will result in panic selling and complete loss for you. So are the tokens of projects (lets, for example, say Newscrypto.io that has a school program, predefined charts and simple market indicators) worth a look into?
All this project have a good utility for beginners, but will people use them or just FOMO throw money into btc? What are your predictions on this, would you start on Newscrypto or just straight to the exchange/broker/whatever.
Do not trust projects on Coinmarketcap yet, I know CZ have taken over but no action has been taken against bad projects and Exchanges on coinmarketcap, new projects are been add on coinmarketcap every day and that doesn't mean they are all good projects
In 2020 many projects might fail even though the crypto hype is back up because investors will rethink their investments. And now most of them turn to crypto investments that have been list at coinmarketcap which are ranked the best (1-100). I prefer projects that are already running compared to those that are launching IEO/ICO.
Obviously the projects listed at coinmarketcap are a lot better than new projects at the moment. And investors have learned from many previous times, they are only interested in leading projects in this market because those projects are not scams. They lost so much money investing in new projects so they got scared and ignored it
I think every new project in crypto currency starts from the basement which is the starting point; either Newscrypto, or iagon or any crypto currency project.
When it comes to hype, all projects are worth the hype; it helps the product and the token, and it boost the projects chances of success too. but if the project has nothing tangible to offer for adoption, it will end up dying or exit scamming.
When it comes to hype, all projects are worth the hype; it helps the product and the token, and it boost the projects chances of success too. but if the project has nothing tangible to offer for adoption, it will end up dying or exit scamming.
I think people would start to learn a lesson and not so blindly throw money at every single project like they were before, in the bullrun of 2017. If we are growing older then the average reception of poeple and what they cosider good enough. They are changing, for better.
If I were be in such dilemma I might (only a possibility) give a try on such project only if I'll be satisfied with necessary details I want to validate. Well, 2017 is entirely different with 2020, people learned and so the project is or groups/teams who make those stuff. Beside I won't give even a small amount of care just because the project really look damn good while I don't satisfied my thoughts otherwise I will throw my money in BTCs.
Worth or not is dependent on how you can collect as much information about them, so you will conclude that their project is worth to invest. If they cannot give the information that you needed, then don't even think to invest with them because they cannot explain the details of their projects. The new type of project will come out, and that will be different than the old project that we knew because the old-type of the project is over and it will replace by the new one. But the problem is we don't know what kind of that project, and we are waiting for something new soon.
New projects fails easily this days that's why you shouldn't bet on them, if you aren't so sure after doing your own research you should invest only what you can afford to lose, just in case anything goes wrong
Do not hype any new projects because you can never tell how they will end up, new projects are too tricky this days, the least ones you don't expect to survive can be the successful project among others
I wouldn't at this point of time, it's no use to hype any coin because people are to busy meet their needs, so many countries are in lock down, which means no job no work no salary no income, so instead of investing they will try to meet their needs, there will be a time that we can all come back to the market, although the market looks good now.
Do not hype any new projects because you can never tell how they will end up, new projects are too tricky this days, the least ones you don't expect to survive can be the successful project among others
Most likely those new projects aim to acquire btc and major crypto through funding. 2020 projects are not that gain so much impression provided that the previous projects are all have history with scams. That is unfortunate actually for investors that are keep investing on these types of project.
Failure projects are more than success one. Why? Because they dont have the capacity to launch and develop yet they are still pursuing to have one. You can feel if the project is really good or at least the team is sincere in working out on their platform.
Failure projects are more than success one. Why? Because they dont have the capacity to launch and develop yet they are still pursuing to have one. You can feel if the project is really good or at least the team is sincere in working out on their platform.
In 2020 many projects might fail even though the crypto hype is back up because investors will rethink their investments. And now most of them turn to crypto investments that have been list at coinmarketcap which are ranked the best (1-100). I prefer projects that are already running compared to those that are launching IEO/ICO.
After the boom of 2017 we did see 2018 and noticed how projects were failing to generate minimise amount. Things have changed a lot and it's been three years now, people think twice before investing into a new project.
You need to establish the use case of any project and understand which sector is benefitting from the said project. My experience says Blockchain based platform projects are good to invest.
You need to establish the use case of any project and understand which sector is benefitting from the said project. My experience says Blockchain based platform projects are good to invest.
What are your predictions on this, would you start on Newscrypto or just straight to the exchange/broker/whatever.
Listening to people's advice or reading news about crypto education is good to add insight so that you can make well decision or reduce losses due to buying or investing in a project without studying it, but I do it only as an additional consideration only the final decision remains with me, so don't 100% considers what is being conveyed as a suggestion that must be done.
Currently many things have changed compared to 2017, investors have been more cautious when investing in new projects.
I think in 2020 the market will have good growth, but new projects are difficult to achieve success. I think it's best to invest in the top 50 currencies on the market.
I think in 2020 the market will have good growth, but new projects are difficult to achieve success. I think it's best to invest in the top 50 currencies on the market.
I do not see any major changes in the market as usual it remains same and goes on and I agree there are lot of new projects coming and many are in progress but we need to be very careful while investing in new projects as most of them are suppose to be scammers, I always give priority to the top 25 coins and old projects because for me it's like being in a safer side.
Many project first running never have planning for hype although they are an coin, after running several weeks later many change procedure from their project working like VIDY coin, first time an usually coin but running several months they have change with hype project by giving several percent for each holder.
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