Topic: Whats your thought about New projects? - page 11. (Read 55166 times)
New projects are sometimes worth giving a try but because of scammers you need to be careful, there is no such risk with old altcoins like litecoin and ethereum but since new altcoins are sometimes wolves in sheep's clothing we need to do very good research on the projects
Honestly new projects will continue to come up onboard as cryptomarket is booming and we can prevent it from happening so some new project can be scam related while some are improvement of the dead or existing projects. We couldn't stop the incoming of the new projects but we can carefully select which one to promote or to invest in our trust, money and time.
New projects always have a chance to grow, that cannot be prevented. Besides scam projects, the market will be more excited about quality new projects because they often bring huge benefits to investors. Caution is necessary when reviewing projects, viewing them as phishing projects before verifying that the project is safe.
Crypto projects will keep popping up unlimitedly, many will be from the scam artists and some will have both good and bad utilities, crypto space shows no messy for those who aren't ready to learn first before learning, this is why many will keep falling for scam crypto projects
Honestly new projects will continue to come up onboard as cryptomarket is booming and we can prevent it from happening so some new project can be scam related while some are improvement of the dead or existing projects. We couldn't stop the incoming of the new projects but we can carefully select which one to promote or to invest in our trust, money and time.
I think most new projects are just copycat of previous projects.. Ive also noticed that some projects just stop updating suddenly. Even the ones that are still updating are only updating shits on thier social media networks.. Like number of twitter followers and other kind of bot stuff. My advice for peiple is to beware of new projects.
If the projects are replicas of old projects or they have a plagiarism whitepaper, this is undoubtedly a scam and they will end up stealing the investors ’money. When updates on the project stop, this is something that indicates that the project is nearing its end or failure, and everyone should pay attention to that and not invest in that suspicious new projects.
New projects are often associated with fraud or even difficult to develop in the market. although not all new projects end with hype, but I still believe that new projects that have real concepts, quality products and an active team in updating the project are worth investing in. recently I got interested in DEFI dego, DIA and stalking at BSC. i tried my luck there.
New projects comes everyday now especially Defi projects as I always see update of over 500 projects daily just because uniswap listing isn't that difficult but I must say everybody should be extremely careful to avoid joining a wrong boat. Check project use case, do research because season is coming and many scammers are out there looking for who to scam with fake projects.
Most of the new projects do not achieve their objectives, but not all, some may still be legitimate for investment. but in reality I rarely see such good quality projects work in real terms. Now days every project comes only for fundraising and after that they leave the project. That's why sometimes the crypto world faces a shortage of investors.
Because this is a new market, the potential as well as competition is huge. For that reason, there will be more and more new projects to solve the problems that exist in this crypto market.
The way the demand for cryptocurrency is increasing day by day, it is natural for new projects to come, and if the projects are good, then it is good for everyone.
I will research when finding new project with the devoleper and checking their team, how trusted they are and I want to know with his team experience, what for joining new project always if finding not experience team and do not know how trusted the owner. Trust or not the owner become my destinion for investing in new project because every time I found with scam and fake team project.
The crypto world is growing every day and new projects come with new innovations, if they can make it happen I don't think that's a bad thing.
First of all, let's take a look at the number of different cryptocurrencies that are available at the market. The number is not less than 10,000 and hundreds of new coins and tokens come out every day. Now let's examine how many of them have managed to stay afloat for more than 6 months. The proportion is not more than 5%. And out of this, only a small fraction have any real life usage. I hope now you can understand the difficulty in getting a new project to a successful state.
I though new projects brings the highest profits, if you don't give them a chance how will you get good rewards? It's same thing for new bounty managers, just because they are new doesn't mean they are useless or they are promoting scam projects, it's your job to find out if they are real or scam in disguise
Yes, everyone's job is to find out whether they are real or a scam, and some of those who have given an assessment about it are those who have already found out first, so we also shouldn't blame people's judgments on this because if we pull the percentage is mostly of the new project did not bring much benefit to everyone.
I though new projects brings the highest profits, if you don't give them a chance how will you get good rewards? It's same thing for new bounty managers, just because they are new doesn't mean they are useless or they are promoting scam projects, it's your job to find out if they are real or scam in disguise
New projects currently have a problem if not the trend and fever that is being followed now for example Defi, if it is not a defi project maybe investors will not be interested or maybe a little interested will be, because currently defi projects are very in demand, but the problem is that new projects are not defi and investors are only taking advantage of current crypto trends
Alas, you are right. Now the most popular are DeFi projects. Most investors, as it should be, are focused on making a profit. DeFi projects are bringing the greatest profit now, because they are on the wave of popularity. Alas, this is the current reality, this is the market trend. And I’m glad that everything is happening that way. It is not known what the market would be like now if DeFi had not become so popular.
I've seen so far it is very difficult for a new project to stick around until it is launched on a big chart with a sensible concept that is absolutely necessary for a new project. However, investing in a new project can be risky. My advice is to be careful and not to invest your money in a new project.
on the other hand, I don't know why there is a need to invest in new projects when there are already so many currencies running in this market and many of them are proven to be legitimate and safer?
Do people really want to bet their money because the new project promises a much higher return than putting their money in the old project?
on the other hand, I don't know why there is a need to invest in new projects when there are already so many currencies running in this market and many of them are proven to be legitimate and safer?
Do people really want to bet their money because the new project promises a much higher return than putting their money in the old project?
currently there are many new projects appearing in this forum and most of them are farms from the DEFI family. I mean projects with the Defi class (YSFI, YFII, YFC etc.) I saw hundreds of projects like this appear in this industry. and worse, many developers misuse Defi trends for fraudulent acts. like an example of an old project revived. This is a risk for newcomers who do not know what Defi is.
I think most new projects are just copycat of previous projects.. Ive also noticed that some projects just stop updating suddenly. Even the ones that are still updating are only updating shits on thier social media networks.. Like number of twitter followers and other kind of bot stuff. My advice for peiple is to beware of new projects.
It's sad to hear your reviews of recent new projects. Honestly, I have also made a lot of money speculating on new projects following the trend of Defi and Meme coin.I think you should be selective about the news sites so they can give you information about the best projects. I have a pretty good website for reviewing new projects and they just pick the best projects for news.
you can refer here: https://twitter.com/top7ico
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?
Sometimes a new project is not meant to be developed as a great platform or to match an existing platform. However, they created a new project to benefit from investors so that after what they wanted had gotten it, they left the platform. So many projects, but rarely successful, because they prefer to create new ones rather than develop existing ones.
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