Topic: Suggest a promising project at an early stage? - page 5. (Read 2092 times)
I'm following Optimism (OP), one of the most recent Ethereum layer2 projects. Ethereum layer2 could gain traction in the next bull market as most new technology like the NFTs and Metaverse tokens are mainly built on Ehtereum, and layer2 projects would be a solution to mitigate the congestion the Ethereum network may have. In the same context, we saw Matic rising up from $0.01 to a few dollars in the previous bull run, so I expect OP to make the same wave in the next one. However, they are still airdropping a part of the supply to the network users every period of time. This is the only worrying point, but it might be useful to keep the price in this range, so that people could accumulate more before the next bull run. Generally, I think it's a trustworthy project with a valid product, as well as it has a good chance of rising when it comes to the current market cap. Compared with Matic, it might easily do ×10 in the next bull run.
ETNY can be a project with great prospects according to my observations. You can completely refer to it, the development and communication is very good between the team and the community. They have developed very well according to the roadmap and also professionally. especially, their decentralized data will be fully compatible with web3, already 2867 nodes have been launched and mainnet will be Q3 this year. everything is still very early to approach. https://ethernity.cloud/
Project which are in initial phase do not have any further information that will it be possible to process or will end up one day. Some projects provides benefits at the start but later they become useless and they do not pay users as such as they hopes. So I think that you should involved in well known projects that provided profit to its users for several years. If you want to get involved in new projects then I will suggest that use at least few dollars and do not trust it easily as we cannot believe that it will always be worthy.
After watching to what happened in the case of FTX that's called one of the best exchanges I have ever used (according to my belief and also what data suggests, because of their non-comparable fees) and watching the rise and fall of an exchange coin FTT that used to be everyone's favorite and everybody was thinking that it is the next Binance coin, I don't think that suggesting any project makes sense ATM because we must first understand that we must put our money where our mouth is. I have lost something big in this FTX exposed game and its token crash, but I'm not blaming anybody. So, it's your choice and you should choose where to put your money so that if anything wrong happens in the future, you will not blame anyone.
I would say anything related to holiday period is off the table, they are just spawn to make money during this period and seasonal and will make you lose money, don't fall for them. I have been seeing a lot of tokens about Halloween for example, and not many worked on for Christmas as well and I am guessing that it will have a period where people will invest because of the hype it involves but it will be a terrible one.
Just focus on having something much better and that way you would be doing a lot better, something fundamentally good. Anything that is good for just a year is a terrible investment, you should invest into things that will be good even after 10-20 years.
Projects that would always be attached to something such as holidays, tv shows, games, and other popular stuff already are just riding the fame of those copied names. Just focus on having something much better and that way you would be doing a lot better, something fundamentally good. Anything that is good for just a year is a terrible investment, you should invest into things that will be good even after 10-20 years.
That's why even if there are new projects that are quite interesting to make but they don't have an interesting name as if they're just copying it. It's also a red flag to me.
Coming from forks, to meme coins and to more stuff these days, there should be the uniqueness of the project because most of them are just copying each other nowadays.
They are the ones who are better to pick if we are hunting for a hidden gem but research must still be there since there are still lots of them who are useless or fundamentals are too weak. Coin devs copy the others because they can sometimes ran out of idea, knowing that we have tons of cryptos already in the market but they can always refuse on creating a coin if that is the case.
I would say anything related to holiday period is off the table, they are just spawn to make money during this period and seasonal and will make you lose money, don't fall for them. I have been seeing a lot of tokens about Halloween for example, and not many worked on for Christmas as well and I am guessing that it will have a period where people will invest because of the hype it involves but it will be a terrible one.
Just focus on having something much better and that way you would be doing a lot better, something fundamentally good. Anything that is good for just a year is a terrible investment, you should invest into things that will be good even after 10-20 years.
Projects that would always be attached to something such as holidays, tv shows, games, and other popular stuff already are just riding the fame of those copied names. Just focus on having something much better and that way you would be doing a lot better, something fundamentally good. Anything that is good for just a year is a terrible investment, you should invest into things that will be good even after 10-20 years.
That's why even if there are new projects that are quite interesting to make but they don't have an interesting name as if they're just copying it. It's also a red flag to me.
Coming from forks, to meme coins and to more stuff these days, there should be the uniqueness of the project because most of them are just copying each other nowadays.
Just focus on having something much better and that way you would be doing a lot better, something fundamentally good. Anything that is good for just a year is a terrible investment, you should invest into things that will be good even after 10-20 years.
But what project can you singularly point out to be good in the next 10 years. Bitcoin we know is always the project everyone points to but apart from it, what other altcoins can you say it'll be worth the investing in. We can't predict that long as any project can die any moment, atleast that's what this bear market has reviewed because project with millions of dollars invested in and with big Vc invested in them still got destroyed so if those project can crash then what other projects can't.
Exchange tokens can't be rely on again because if they go against themselves then the investors of the exchange surfer, we have just seen the first exchange war between two exchange in the space and we might witness more of such incident as exchange begin to go against each other.
I would say anything related to holiday period is off the table, they are just spawn to make money during this period and seasonal and will make you lose money, don't fall for them. I have been seeing a lot of tokens about Halloween for example, and not many worked on for Christmas as well and I am guessing that it will have a period where people will invest because of the hype it involves but it will be a terrible one.
Just focus on having something much better and that way you would be doing a lot better, something fundamentally good. Anything that is good for just a year is a terrible investment, you should invest into things that will be good even after 10-20 years.
Just focus on having something much better and that way you would be doing a lot better, something fundamentally good. Anything that is good for just a year is a terrible investment, you should invest into things that will be good even after 10-20 years.
Indeed, when you want to invest in a new project, make sure you have to be really careful in doing research and analysis.
new projects are quite risky especially with the current conditions that are not supportive,
clearly make decisions carefully
Research or analysis is a must to do before you join any project, both for new projects or old projects.new projects are quite risky especially with the current conditions that are not supportive,
clearly make decisions carefully
It is true that new projects are riskier than old projects. The chance for scams is higher with new projects, that's why it is not recommended to join new projects for beginners. Analyzing new projects is difficult, it is very complicated and hard to determine which on real projects and which are scams. Moreover, the scammers always do different ways to scam people, they are getting smarter.
scammers are also growing and have many ways that's why we need to be careful,
the important thing is to always consider many things before making a decision
It's not always simple when choosing a new project that's about to launch, too many risks are also involved like
1. The project might not survive in this bear market
2. The team might later abandon the project
3. Lack of adoption is very possible in a tough market season
4. Some new projects are pump & dump right from scratch
Even if the project has good utility make sure you invest the amount you are willing to lose if anything goes wrong.
1. The project might not survive in this bear market
2. The team might later abandon the project
3. Lack of adoption is very possible in a tough market season
4. Some new projects are pump & dump right from scratch
Even if the project has good utility make sure you invest the amount you are willing to lose if anything goes wrong.
Indeed, when you want to invest in a new project, make sure you have to be really careful in doing research and analysis.
new projects are quite risky especially with the current conditions that are not supportive,
clearly make decisions carefully
Research or analysis is a must to do before you join any project, both for new projects or old projects.new projects are quite risky especially with the current conditions that are not supportive,
clearly make decisions carefully
It is true that new projects are riskier than old projects. The chance for scams is higher with new projects, that's why it is not recommended to join new projects for beginners. Analyzing new projects is difficult, it is very complicated and hard to determine which on real projects and which are scams. Moreover, the scammers always do different ways to scam people, they are getting smarter.
Friends, don't abuse this topic, as I want the topic to be useful to all of us.
I propose to share my insights about blockchain projects at an early stage.
If you did your own research, or are an ambassador or pioneer of a project and you think it has real promise, I will be glad if you share it.
BTCNot a bad idea. The thing is just stick with what works for you. I tried following some callers and invested in some newly launched projects and i was losing more than I was making profits as most of these projects turned out to be scam. So, I decided to stop. Recently, I invested on Angel Dust. I got in during the presale and bought some bags during launch on day 1. I hope to ape out big as the project has carry a lot of hype.
I believe in those;
1. Unibright (Enterprise adoption)
2. Mover (Card and saving)
3.PhantasmaChain (Layer one gaming platform)
4. Unfederal Reserve (Borrow and lending)
5. Matrix (Artificial intelligence)
1. Unibright (Enterprise adoption)
2. Mover (Card and saving)
3.PhantasmaChain (Layer one gaming platform)
4. Unfederal Reserve (Borrow and lending)
5. Matrix (Artificial intelligence)
at an early stage means it's a new project right? because indeed in this bear market old projects even experienced a dump of up to -80%--90%,
of course this makes altcoins much more dangerous than bitcoin, but don't worry for those of you who want to buy them at the current price,
because the current price of altcoins is really very cheap, so suitable for long-term investment. One of the best altcoins in my opinion CHZ.
What is good about CHZ that will matter to us all? I mean how can you tell that this is best altcoin or even at least promising?of course this makes altcoins much more dangerous than bitcoin, but don't worry for those of you who want to buy them at the current price,
because the current price of altcoins is really very cheap, so suitable for long-term investment. One of the best altcoins in my opinion CHZ.
are you holding this? or just shilling? or at least partake to their Bounty so you are having them in your funds?
look who the partners are, big partners usually show how potential the project is. I have experienced it myself projects with the most partners and are famous for always making surprises when listing them. So far none of them have failed, but be careful with counterfeiting as some fraudulent projects put the logo on to gain fame.
so which are those? because we cannot just deliver a post here without naming one because OP is asking for it? Friends, don't abuse this topic, as I want the topic to be useful to all of us.
I propose to share my insights about blockchain projects at an early stage.
If you did your own research, or are an ambassador or pioneer of a project and you think it has real promise, I will be glad if you share it.
BTCtry some metaverse project that's gonna move on to the released stage, currently there are many projects that are still in beta but once they are released they could gain increase in value quite easily and if you just want some long term returns from a coin, then you should try to look into some smart contract based coin in which there is big chance that some of them gonna become success.
If we were in the middle of a bull market you may have a point but with the market in the state it is things are not that simple, metaverse projects were hot when the bull market was strong but now that the bear market is present I do not think there are many possibilities for those projects to go up in value.Also when we take into account that many people are selling their coins due to the economic difficulties they are facing, this is reducing the number of people which could be interested in speculating with their money, which reduces even further the chances projects like that can turn a profit right now.
try some metaverse project that's gonna move on to the released stage, currently there are many projects that are still in beta but once they are released they could gain increase in value quite easily and if you just want some long term returns from a coin, then you should try to look into some smart contract based coin in which there is big chance that some of them gonna become success.
As an investor, of course it is better to be able to do your own analysis and threads like this are only a consideration, of course there are many new project choices for investments and we can see on many websites such as ICO Review.
If you haven't heard or know about them, don't jump to conclusions about them. Arbitrum and zksync are layer 2 projects that have made their mark in the community recently, you can't find them on Coinmarketcap because they haven't been announced for public sale. Aptos is a project of layer 1, as far as I know, this project is invested by Binance Lab and Coinbase Ventures, the project is getting a lot of attention on twitter recently. Can be considered as a competitor of Sol or Near... just like the two projects above, Aptos just ended their mainnet and has not yet announced a token release date. All are considered gems for the upcoming bull season.
because we cannot predict what will truly come until it happens.
so either trust them or never .
I must say that investing in new projects is very risky, especially strange projects, few people are interested in. But for projects that are of great interest to the community or invested by reputable venture funds such as Alameda research, Coinsbase, Binance Labs, etc. We should be concerned because the possibility of them becoming Gems is very high, projects like Sol or Near, Avax are also such projects and those who invest from the beginning get very good returns. It can be said that Aptos and Sui are two layer1 projects that are receiving great attention from the community, both are in the mainnet stage that is worth keeping an eye on until the announcement of the token release.
Friends, don't abuse this topic, as I want the topic to be useful to all of us.
I propose to share my insights about blockchain projects at an early stage.
If you did your own research, or are an ambassador or pioneer of a project and you think it has real promise, I will be glad if you share it.
BTCJump to: