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Topic: Whats your thought about New projects? - page 3. (Read 566 times)

legendary
Activity: 2282
Merit: 1023
August 04, 2020, 06:44:30 AM
#55
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?
Is there a time when there were no projects coming out on a daily basis, for years it is how the cryptocurrency market is and all you need to do is to be careful which project to trust and which one to avoid and never trust any review sites when selecting a project as they will take money from these project team and give out a high review and we have seen those in the past, all you need to do is to be logical in having a conversation with the project team and understand what they are planning to accomplish and then make up your mind and even if you invest you need to follow through unless you sell off the coins.
member
Activity: 210
Merit: 12
August 04, 2020, 06:30:04 AM
#54
Look at Uniswap, where a huge number of new projects are registered per day, but often it is 99% of scams. On the forum things are about the same.
I wonder who goes on uniswap to buy coins to hold, it's really a bad idea to buy coins that aren't big enough and listed on uniswap exchange only, it's a freedom zone to list any good or bad tokens and coins
sr. member
Activity: 1204
Merit: 250
August 04, 2020, 05:57:48 AM
#53
If you want good ROI you need to invest on new altcoins, they are the perfect choice for better profits, you can't find that in top altcoins, new altcoins that are good enough can easily do 5x to 10x through IEO on top exchanges like Kucoin or binance exchange
Yes, but for the time being if someone wants a good profit, it is enough to trade on some of the top Altcoins in the market, because finding IEO in the top exchange will also not be as easy as you say, anyhow potentially between new Altcoin and old Altcoin, I think it still benefits the old Altcoin for now.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
August 04, 2020, 05:48:12 AM
#52
I don't think new projects are that dangerous, only those who are new to crypto will find it more difficult to make the right choices, for me it's not that hard, IEO projects on top exchanges is best way to go for newbies and projects with demanding utility and good partnerships can't go wrong either
I think that way many people already know and IEO in the best exchanges will certainly attract a lot of investors, but will new projects do that? certainly not and they prefer the low exchange as the lowest cost.
hero member
Activity: 1120
Merit: 554
🇵🇭
August 04, 2020, 05:38:01 AM
#51
There are already so many right now there are a number of altcoins in circulation, so we don't need a new projects. Most new projects
existing only for fundraising, a few more new projects scams. It's worrying about the current conditions, so I don't recommend it
investment in new projects. It's enough investment in old projects for me, because new projects currently in circulation are no better
than old projects.
It will depend on what project they are representing, there is always a room for improvement and if that old project didn't expand to new development maybe those new ones will be able to do it, for example are some DeFi projects that are in hype now. But always be careful on choosing if it's already available in the old one then better choose that, but if these new one have some potential then it can be worth risking just check how legit it is.
full member
Activity: 826
Merit: 100
August 04, 2020, 05:23:54 AM
#50
Crypto is more like a fastest way to money making since 2017, that's why you will see some new projects with not very useful use cases coming into crypto to raise fund, to me it seems their main focus is just on the money they will make from investors
Yes, and new projects with useless use cases that go into crypto to raise funds are projects made by scammers, so everyone should be more careful about projects like this, because they are always looking for new victims in crypto.
sr. member
Activity: 2254
Merit: 258
August 04, 2020, 04:56:07 AM
#49
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?

You need to educate yourself on Defi Dao Decentralization and the kind of project will likely gain support and make it's an entry in the market, some project brings something just a coin nothing at all for pump and dump, don't support these kinds of coins it's lifespan is very short, it will eventually go down to zero.
full member
Activity: 1190
Merit: 117
August 04, 2020, 04:44:12 AM
#48
There are already so many right now there are a number of altcoins in circulation, so we don't need a new projects. Most new projects
existing only for fundraising, a few more new projects scams. It's worrying about the current conditions, so I don't recommend it
investment in new projects. It's enough investment in old projects for me, because new projects currently in circulation are no better
than old projects.
full member
Activity: 714
Merit: 100
August 04, 2020, 04:41:04 AM
#47
Last 2 years 90% of projects are scam even they copy other projects whitepaper. 5% of projects are failed because of their business plan. Some projects have shitty business plan idea. That's why their project failed. 5% of the projects are unique & legit. so you have to choose the right projects. Some people say that people don't believe in new projects now. But if they don't believe in new projects then how new projects survived? Actually, if the projects are good then people will go for those projects.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
August 04, 2020, 04:38:17 AM
#46
Crypto is more like a fastest way to money making since 2017, that's why you will see some new projects with not very useful use cases coming into crypto to raise fund, to me it seems their main focus is just on the money they will make from investors
full member
Activity: 1189
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 04, 2020, 04:33:55 AM
#45
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?
The main purpose why so many new many upcoming projects because for businesses, they want to take profits, big profits. But they can't realize it except bring new technology to the crypto world, so I think it's okay with a new project if they can provide something useful, but must be careful with them because sometimes if already gains so much profits, they will run away. So hard to find the legitimate project now
member
Activity: 280
Merit: 11
August 04, 2020, 04:19:03 AM
#44
Why take risks with new projects that aren't well funded? Why take risks with new projects that aims for small exchanges like latoken and others? I believe that IEO have make things more easier for investors through top exchanges
full member
Activity: 822
Merit: 100
August 04, 2020, 04:13:20 AM
#43
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?

Well, for the fact that some projects have failed or scammers have created some projects does not stop the emergence of the new ones.  Among these new ones, we have seen some of them with novel and good utility likewise many were just created for scamming sake.  It is the responsibility of individual to scan through very well the project you want to participate in.  New projects will continue to roll in, anyone you promote or invest in is at your own risk.
member
Activity: 224
Merit: 28
August 04, 2020, 04:10:22 AM
#42
I always have interest in new projects that use top exchanges for IEO crowdfunding, atleast its certain to make profits in 3x to 5x or more, it's really not about holding for long term, it's about making your profits in a very short term and that's what binance and other top exchanges delivers
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
August 04, 2020, 03:54:15 AM
#41
new project goals come of course to solve every industry problem we face but unfortunately they come with a lot of false promises (scammers) that really only 1% real.
They can declare those goals and they're all promising.
But the real thing starts during their application, no promise has been fulfilled and it's all about the money. Those projects don't continue what they have started once they've cashed out.
member
Activity: 238
Merit: 17
Sovryn - Brings DeFi to Bitcoin
August 04, 2020, 03:48:25 AM
#40
Many upcoming projects are popping up on the internet but it's certain that most of them are garbage projects, especially those on ICO rating websites like Icobench or icodrops, you are on your own if you don't know how to do research and pick good projects wisely
full member
Activity: 1820
Merit: 107
August 04, 2020, 03:46:37 AM
#39
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?
IMHO, I believe that some new projects are worthy of our attention because it has something new to offer plus with a good use case that might attractive for investments, But to other new projects that are just copycats from the existing platforms I believe it should not be taken seriously so its better to spent our energies with the good ones.  
member
Activity: 166
Merit: 10
August 04, 2020, 03:04:50 AM
#38
If you want good ROI you need to invest on new altcoins, they are the perfect choice for better profits, you can't find that in top altcoins, new altcoins that are good enough can easily do 5x to 10x through IEO on top exchanges like Kucoin or binance exchange
full member
Activity: 515
Merit: 101
August 04, 2020, 01:42:08 AM
#37
I don't think new projects are that dangerous, only those who are new to crypto will find it more difficult to make the right choices, for me it's not that hard, IEO projects on top exchanges is best way to go for newbies and projects with demanding utility and good partnerships can't go wrong either
I agree! New project can't have the reputation and credits like old project, however, new projects have more potential to increase their value by many times. It's the matter of how good you can do your research, how experience you have, and how luck you are. It's easy for those who have proper knowledge, skills and experiences to pick out a good project among hundred or thousand of new projects!
member
Activity: 166
Merit: 12
August 04, 2020, 01:35:29 AM
#36
I don't think new projects are that dangerous, only those who are new to crypto will find it more difficult to make the right choices, for me it's not that hard, IEO projects on top exchanges is best way to go for newbies and projects with demanding utility and good partnerships can't go wrong either
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