Starting point projects. Are they worth the hype? - page 2.

fortunecrypto

legendary

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Quote from: Paulinerims on April 06, 2020, 09:34:30 AM

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.

Any projects is recommended to look into but when it comes to investing and supporting you have to dig deep, it's hard to take a chance now, when market is not in a good condition and people are saving for uncertainties of our times, unless the words condition and the market improves, I don't think even a hype can generate new projects a decent funding.

BlackFor3st

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Quote from: Paulinerims on April 06, 2020, 09:34:30 AM

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.

It is not that easy to trust and use the newly created project especially if we want to secure our hard earned money as newly project can easily turned out to scam if they want to. There are many source of information that we can search to if we want but the problem is whether it can be trusted or not, but if newscrypto can prove it's data 100% genuine then it is worth a try.

The main problem of starting projects are trust to it's users but if they can manage to build it then time will come that they will become a good competitor to the existing platform that offers almost the same services.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

I don't think what happened in bull run 2017-2018 will happen again which most of the shitcoins pumped, but if we will ever see again a bull run, it will be different from before.
I think one of the reason of bullrun before or some crazy pumps are the ERC20 of ethereum, crazy ICO, most of the ICO are built in the Ethereum's ERC20.
I'll much looking forward for some kind of project which can help the finance, like decentralised finance (DEFI).

TravelMug

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Activity: 2632

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Quote from: Paulinerims on April 06, 2020, 09:34:30 AM

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.

Remains to be seen if we are going to see another explosive year similar to 2017.

Quote from: Paulinerims on April 06, 2020, 09:34:30 AM

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.

Every project is good in the beginning, that's what supposed to be a project is, bring more hype. But the problem is sustainability, will it move further after the initial hype? We have seen a lot of project in 2018-2020 that didn't survived in the bear market even though the project is really that good. I don't want to draw conclusions right now but it could go as the same path as others, just saying

samcrypto

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Activity: 2044

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Quote from: nutriagrigia on April 10, 2020, 03:35:32 PM

I am sure that new investors will not invest in such projects because during the next bull market, very smart investors will come to us and they will choose projects very carefully. stupid investors will just exit the market in the next half year.

Personally I’m not buying any new projects because of the market situation and I have to be faithful on the top coins because we need to earn money. New projects are now worth it especially if its only a hype because for me, if there’s a big hype on a new project then it must be a scam project later on.

bitkanu

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Quote from: Paulinerims on April 06, 2020, 09:34:30 AM

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.

As long as their idea still makes sense and it's worth to take a look but when you are not seeing a good result from the development progress and you should try to avoid such project as soon as possible. I will never try t start a new non sense project called newscrypto. Just stick to the existing project is enough.

ameliana

full member

Activity: 887

Merit: 100

I guess people will only use cryptoqurrency only as a form of investment and nothing more. I mean this, when the crypto industry booms in 2017 we can see that many investors are flocking to take part in this section because they know that crypto is very profitable for investment especially like BTC.

Valzador

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Activity: 1316

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Quote from: Paulinerims on April 06, 2020, 09:34:30 AM

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.

Depending on each person, sometimes some people only understand after practice, and some people have to read theory or practice before jumping into real practice, I think learning platforms like NewsCrypto are not a bad thing.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

duelbits.com

At this time, it might be harder for us to state that a project is worth it or not. Each new project certainly offers various advantages of the project to attract new investors, especially those who are really new. And they are indeed easy targets to achieve, especially when there is already a FOMO and is affected by just hype. Of course, this is one of the goals of the project developer to get the investors.
In this case, it is currently difficult to find projects that are worth it like 2017. And we must be more careful and smart in choosing which ones are truly legit.

nutriagrigia

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I am sure that new investors will not invest in such projects because during the next bull market, very smart investors will come to us and they will choose projects very carefully. stupid investors will just exit the market in the next half year.

qazgroup

member

Activity: 1022

Merit: 20

RiveMont

I think most people just hear it from others lets say from their froends that btc is booming and they are making huge profits and it is like unstoppable and everyday we see a new high price etc i think these are the things that lure people into investing and cause fomo in people, people think it is just too easy to make money and thats when btc really pumps and makes a big peak and then finally reversal that kills all the fomo and people turn great profits into loss.

Mealea

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Activity: 300

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A lot has happened between 2017 and now, I guess many have learnt their lesson and are more wiser now. Many are ready to search and make the right choice by themselves now rather than look at one platform for suggestion.

acdc

sr. member

Activity: 939

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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.

jossiel

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Activity: 3150

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DGbet.fun - Crypto Sportsbook

No, it wouldn't be the same as 2017.

The hype was gone and it will never return like it used to happen. People will no longer invest to various projects knowing that they can be a scam. Everyone is wise the second time around and if there will be another bull run then it will make crypto the way it used to be adopted.

There's no need for such hypes like those projects anymore.

Ryushin

member

Activity: 322

Merit: 10

Crypto world of 2020 is clearly different from crypto 2017, now many things have change, new projects hardly become successful, that's no good at all, it means you can easily lose money here, I recommend doing very good research on any new project first, coins like Bitcoin, binance coin, litecoin, dash are just way safer

DDante

member

Activity: 434

Merit: 19

Nope not all new projects are worth giving a shot, many are plain bad not because we are in a bad time but because the team behind these so called new projects are all dubious, you have to be extra careful when trying to find a new project to invest money on, I'd say it's better to go for old coins

Shallow

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Quote from: Paulinerims on April 06, 2020, 09:34:30 AM

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.

There are many things to consider in a new project and that is the product or rather use case, if it is truly developed. People will only use what they have seen that is working and that's it, if it aren't working but have a good hype which is likely to give good returns then they won't mind to fomo. Having a good use case really matters and this is where most projects gets it wrong, they might present an MVP (Minimum Viable Product) as they mostly do before seeking for funding but do they really continue developing afterwards? If really they do ( although only few really continues), there would be many projects today worth using. So in essence, crypto this year is different from crypto in 2017, people are wise now and not ready to blindly throw money anywhere, it is either there is hype or there is something worthwhile about the project.

Paulinerims

jr. member

Activity: 193

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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.

Topic: Starting point projects. Are they worth the hype? - page 2. (Read 263 times)