Topic: Whats your thought about New projects? (Read 566 times)
New projects are most times bad for investors but few projects are showing big surprise, they did very well more than old altcoins that's been around for years, for example tezos, Avalanche, Wazirx etc
It's all about money making, many new developers only use crypto as means of getting rich quick, they come up with a crap project but looking promising in disguise to fool many into investing their money and they later exit scam
I doubt that any of them are competent enough to actually make it work for them, they can start any sort of project they want and almost all of the projects are people who are incapable of making something decent. They always set out the same way to change something but in the end they fail to do so because they usually have people who have never done something similar and they end up failing to see what problems could arise and they just fail and crash and burn.
I wish they were scams, at least I would say they stole my money, but they are so bad and so horrific at their job that they are not even scammers, they use that fund to make it work and spend all of that fund they received and simply just fail, it is a great mystery how many of these projects are run or owned by idiots.
I wish they were scams, at least I would say they stole my money, but they are so bad and so horrific at their job that they are not even scammers, they use that fund to make it work and spend all of that fund they received and simply just fail, it is a great mystery how many of these projects are run or owned by idiots.
I believe we shouldn't generalize projects, some of them come just to make some money, another part believe in their idea and that they will provide useful project.
There are many new projects that are scam, but besides that we also have a lot of good new projects and quality. If you look at the IEO implementation projects at Binance, those are the best and most potential new projects to invest in.
True, some of the new IEO projects in Binance have been successful. There are also successful bounties such as cartesi lauching in binance. most new projects released in large markets are more trusted by investors and safe to invest.There are many new projects that are scam, but besides that we also have a lot of good new projects and quality. If you look at the IEO implementation projects at Binance, those are the best and most potential new projects to invest in.
True, some of the new IEO projects in Binance have been successful. There are also successful bounties such as cartesi lauching in binance. most new projects released in large markets are more trusted by investors and safe to invest. 
New projects are bad for newbies who are new to crypto, top altcoins or Bitcoin are best choice for newbies, the reasons why I said this is because many new crypto projects are scam made projects, they have no other intentions but to scam investors
There are many new projects that are scam, but besides that we also have a lot of good new projects and quality. If you look at the IEO implementation projects at Binance, those are the best and most potential new projects to invest in. If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
I think all projects are not fraud and all team members also. Yes, if you do 30 projects there maybe 5 projects are scam or intentionally come to earn from crypto market with fraudulent. But as a bounty hunter you have to set in mind that there are some wastage projects in market and you have to work without any money as its is sometimes impossible to trace which project is good or bad.
So just do your work continuously and believe on fate.
thanks.
If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
These new projects are popping up like crazy. Its like there's a new project everyday, some show off quite a good a platform and honestly i might get swayed by some if i had disposable money at the moment. Guess youll just have to research on projects that caught your eye more, its hard to research all of them.
sometimes they come with only a promise and only a fake. we must be selective in choosing, we must always be smart and smart before joining a new project ... observe and also research it, because if we only rely on the look we will not be able to get the reward we want.
cryptocurrency is increasingly popular so many people or companies are competing to make crypto projects. some are planned seriously, some just want to make money, and some are really scams, so we have to be selective.Not all new projects are scam or bad, there must be some really good ones. we just need to do a deep analysis and not fomo. lately that is quite popular is the defi project, remember do not easily believe before doing in-depth analysis.
I only invest when I have analyzed because it helps me minimize the risk.
If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
No doubt, it seems we have enough of projects leveraging blockchain and cryptocurrency, both the ones that has delivered and the ones in the process of delivery their products as well as the abandon ones but still there's still room for more projects and there's still a disruptive gab that needed to filled up. I think what we need is a complete reform on how to prevent scam projects from getting the attention of investors
New projects are not harmful if they have something to show up! If you recheck, you will realize last year we got some extraordinary new projects like Harmony, Elrond, Matic, Sero,Perlin, and so on, and this year we are getting more potential new coins. Now you see the Defi idea is ruling! So, new projects are not that bad, and you just have to pick the better one!
Yes, I completely do agree with you, It is not necessary that a new project is a scam or it is not useful. In fact, new projects with great ideas and potential can make itself a secure place in the crypto market. People are getting tired of those project which has been based on the same idea or hasn't had the potential to grow a lot more. 
sometimes they come with only a promise and only a fake. we must be selective in choosing, we must always be smart and smart before joining a new project ... observe and also research it, because if we only rely on the look we will not be able to get the reward we want.
cryptocurrency is increasingly popular so many people or companies are competing to make crypto projects. some are planned seriously, some just want to make money, and some are really scams, so we have to be selective.Not all new projects are scam or bad, there must be some really good ones. we just need to do a deep analysis and not fomo. lately that is quite popular is the defi project, remember do not easily believe before doing in-depth analysis.
The same mindset of New starts in every economic sector. health, asset, finance, technology and so many others. that is the same aspect in the cryptocurrency sector. New projects with unique features but similar to old ones will always come up. your ability to identity top notched projects will help you invest wisely. we are in the era of DEFI. don't fall for scam projects. they are everywhere.
Developers are free to get their projects launched, but most times, I prefer project that has it's a product already. Even if it is not yet fully completed, at least MVP should be fine. New projects that make a good contribution will remain and last for a very long time.
I think very soon, we will see an increased number of them.
I think very soon, we will see an increased number of them.
sometimes they come with only a promise and only a fake. we must be selective in choosing, we must always be smart and smart before joining a new project ... observe and also research it, because if we only rely on the look we will not be able to get the reward we want.
cryptocurrency is increasingly popular so many people or companies are competing to make crypto projects. some are planned seriously, some just want to make money, and some are really scams, so we have to be selective.Not all new projects are scam or bad, there must be some really good ones. we just need to do a deep analysis and not fomo. lately that is quite popular is the defi project, remember do not easily believe before doing in-depth analysis.
sometimes they come with only a promise and only a fake. we must be selective in choosing, we must always be smart and smart before joining a new project ... observe and also research it, because if we only rely on the look we will not be able to get the reward we want.
New projects are revolving daily bases and the worst is most are not really pure and have intentions of scamming users despite them doing IEO and some have good plans but I it will really be great we always analyse projects and do thorough investigation before investing to avoid buying scam coin which will definitely break hearts. Do your research .
When it comes to tokenization, there are so many ideas as with current various industries. It's now just like opening a digital business. The widespread and future sustainability will only be dependent on what utility is getting represented by that coin or token. Since these new projects token or coin's utility is limited and many more competitors are out there, it is very difficult for the survival of these projects in the long run. I have kept the topic of scams outside of my opinion.
If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
Its been long dead!but people do still consider on dealing with it, for bounty hunters they do keep on advertising it, for investors side they do keep funding it and i dont know on what are the things that do put up into their minds
on considering such option knowing that it isnt already feasible nor profitable.
New project potential? No they are just copying other projects ideas and renaming it and making some alterations but actually not giving out that utility or usefulness that we are looking for.
We do still some few projects do launch but as expected they dont really get that much of a support which isnt surprising.
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