Too much of new crypto projects? - page 13.

isaac_clarke22

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Quote from: Synerggy on January 05, 2022, 01:47:34 AM

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None of those would survive overnight I tell ya. You shouldn't be scared if you know how to properly choose your coins and do the cliche things like DYOR. I wouldn't bother in those projects if I were you and just focus on what's in the top 10/5.
Now that NFTs are like covering the whole internet media when it comes to crypto, I wouldn't surprise if 50 more popped up.

pawanjain

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Nothing lasts forever

Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

This seems scary to you just because you are relatively new to the crypto community.
If you take a peek into the history then you will find out how many projects get launched every month.
Most of them are crap and are just a rug pull meaning which they are created just so that they can stack in money and then run away with it.
So don't focus much on the new projects that get added every week/month. Focus on the established projects and keep learning about them.

killerfrost

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PredX - AI-Powered Prediction Market

The attractiveness of this market is great, so studios and startups have appeared a lot. With the decentralization happening, the positives and the negatives will always come for us to experience it all, personally I do not use these tools to search for new projects. However, what I see and feel with this market helps me find safe and profitable projects more effectively instead of searching for projects through the above tools, go with the top projects to There will be updates around on related plans, there will be some background mention of newly launched projects. It would be better to believe in tools like CMC, CGK, ... when spammers can completely bring the recommended results to the top.

Oasisman

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Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

Nothing to be scared of. There's no prohibition or anything that stops someone to create their own crypto related project and release it publicly. In fact, this only means that cryptocurrency is becoming the new trend and it will be one of the future in the financial fields.
There's only one thing to be scared of when we're talking about new projects, it is when you invested in a wrong project which doesn't have a potential to grow in the future. That's one way to lose your money and that's more scary lol.

Yaunfitda

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Quote from: levyashin on January 06, 2022, 08:49:08 AM

There are lots of ido platform and they are making idos like crazy. There is a bubble on crypto space it happens when bull happens.

That bubble is filling with greed

And when bear market happens most of that projects die and bubble bursts. It is the cycle of altcoins.

Yeah, I think that is part of the cycle as well, when we have a bull run, there are going to be a new hype that will pop up and everyone will go crazy about it. Just like what you have mentioned, IDO's used to be the crazy ride that everyone wanted to join it.

We can't blame people for being greedy though, it's part of human nature. So it's either going to be a miss (for the majority) and hit (for a few) and that is the big difference in this space.

Renampun

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Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

actually, this is an unimportant thing for you to think out loud...

the crypto market has become a competitive business nowadays, every week we see dozens of crypto projects challenging old projects with their many promises. stay careful in choosing which project you want to invest in so that you stay lucky and avoid losses due to investment.

Ararbermas

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Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

why it's scary? Lol did you not know that is a opportunity as well wherein at least we have more options when it comes making money. infact most new projects making hypes in the market. so just be thankful there's alot of new emerging projects because without them crypto space will not become like what it's right now.

levyashin

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$CYBERCASH METAVERSE

There are lots of ido platform and they are making idos like crazy. There is a bubble on crypto space it happens when bull happens.

That bubble is filling with greed

And when bear market happens most of that projects die and bubble bursts. It is the cycle of altcoins.

Questat

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Quote from: Gozie51 on January 06, 2022, 08:18:38 AM

Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

It is showing that the market is growing very fast. CMC or coingecko is not the only one feeling the heat of new listing. This area of business is new and I won't be surprised that it is gaining this kind of attention that is exploding the whole place. I believe with time, schools are going to include blockchain technology in their schedule and of course it will lead to more explosion of cryptocurrency coins. We can only be careful not to fall for scam coins because there was a time there was a ponzi coin that scammed investors.

Perhaps, teaching Blockchain in school has already been started. Not even a surprise that this thing will happen in the crypto world, we are obviously developing so fast and people have been through this. 5-10 years from now, we gonna expect a hundred of thousands of crypto projects to be created but not to wonder as well that hundred of thousands will also vanish in the thin air like a bubble. And this is going to happen because many of these projects that we see every day are just a joke or the worse is a scam.

Gozie51

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Vave.com - Crypto Casino

Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

It is showing that the market is growing very fast. CMC or coingecko is not the only one feeling the heat of new listing. This area of business is new and I won't be surprised that it is gaining this kind of attention that is exploding the whole place. I believe with time, schools are going to include blockchain technology in their schedule and of course it will lead to more explosion of cryptocurrency coins. We can only be careful not to fall for scam coins because there was a time there was a ponzi coin that scammed investors.

gabbie2010

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Vave.com - Crypto Casino

Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

Honestly the crypto market is flooded with with many projects especially the metaverse projects which is gaining popularity at the moment, of course this is an unregulated market, any developer can launch their token in the market, however I believe to be on safer side I think the most thing is for every new investor to research before investing in any of this new projects, some might be genuine and has good prospect while some are scams whose existence will be short-lived and worthless after some period of time.

MFahad

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Eloncoin.org - Mars, here we come!

Listing 100 project weekly is not bad sign for crypto. Cryptocurrency world is free and everyone can show here own talent and can make some new idea in crypto.
With the new project may be some project bring something new like Solona,Ada,Polkadot etc. All project are entering into market with some idea and best projects will be always in Top 100

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Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

Scared in what ways? I don't think there is nothing for you to be scared of. Just ignore those low market cap coins and just focus on the highest market cap coins and you're safe.

Why trying to risk your money investing into new coins and those coins that doesn't have any volume in exchange when you can invest your money into the top coins, hold and you will have lesser stress? Too much crypto projects isn't a problem at least for me because most of them are either dead coins or scam coins and websites like Coingecko and Coinmarketcap can't detect which is which so they will just let it stay there. Just ignore those new projects its normal already. Just focus on the top coins and let this projects die slowly. In a bear market, those new projects will disappear and there will be some that might survive but the top coins will stay even though there is a bear market.

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Quote from: sayaya17 on January 05, 2022, 06:39:43 PM

With so many new projects emerging and listed on coinmarketcap, it proves that crypto is increasingly popular, and many people who are already doing business in crypto, we welcome with pleasure, hopefully those who are new can adjust and develop well, if they can last a long time is good. So there's no need to be scary.

But many irresponsible people take advantage of the situation for personal gain.
I say this is good for the future development of crypto, but on the other hand we also have to be really selective especially for new projects. I hope there is a way out, for example in the creation of a new project there must be rules, so that no party is harmed.

lovesmayfamilis

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A similar picture with new projects appearing every day has been working for several years. But tell me, how many of these projects have been successful? If today we do not see direct evidence of fraud, this does not mean that they will not become fraudsters in the future.
Therefore, the number of new, but usually recurring projects does not say anything. There are only a few that you can trust, and the rest can be simply watched without risking your money.

Pejoh Asu

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This is an unhealthy freedom, in my opinion there are no clear rules that make anyone make a project, even with a new project it is widely used for scams, with a capital of $ 10 million then expect to be $ 100 million in a year or less and this is an important lesson for us that we have to make strict regulations.

ipanks

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Quote from: sayaya17 on January 05, 2022, 06:39:43 PM

With so many new projects emerging and listed on coinmarketcap, it proves that crypto is increasingly popular, and many people who are already doing business in crypto, we welcome with pleasure, hopefully those who are new can adjust and develop well, if they can last a long time is good. So there's no need to be scary.

Crypto is being popular now. We already see many people are trying to be involved by investing in many projects and hope they can profit from that. So it is our benefit to select which projects can help us gain profit and make money. But it needs to be careful to select the project because not all projects can be the best project for us. Maybe people should just stick to legit projects such as bitcoin, ethereum, binance, and some other projects that have already proven to work best for many people.

yazher

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Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

Investing in new altcoin doesn't mean you just jump and pick without doing any proper research because there are more fake developers than the real ones. You will end up holding coins that won't even bother to develop or update their project to increase their sales. In that case, you won't get what you want from your investment and you will totally waste your money and time. It's better to delay the investment first and spend time doing proper research with dedication than trying to hold random coins for years without any positive results.

Mahanton

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Quote from: chaser15 on January 05, 2022, 06:33:48 PM

Quote from: Synerggy on January 05, 2022, 01:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

It's not scary if you know how to filter them. This is not the first time I think that we see lots of new projects. We just have to be vigilant on what projects to choose and always have a background check before putting money on those. Not a 100% assurance that we will be safe by doing that but it will minimize the risks of being ended up in a shitty project.

Filtering them would be the hardest challenge of all because considering the number of projects then its really hard to determine which one is good and which one is trash.This is where people or investors vary because
some do make out some in depth research and some do only tend to look at on the surface.

Choices do somewhat in needing some sort of luck but most of the time always look for the best ones which does have real use case or does have some realistic roadmap.

sayaya17

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With so many new projects emerging and listed on coinmarketcap, it proves that crypto is increasingly popular, and many people who are already doing business in crypto, we welcome with pleasure, hopefully those who are new can adjust and develop well, if they can last a long time is good. So there's no need to be scary.

Topic: Too much of new crypto projects? - page 13. (Read 2118 times)