Whats your thought about New projects? - page 15.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: ?? on ??

I think the market is very saturated right now. New projects even with a good and interesting promise/feature won't survive without a strong backup from the community or exchange/partner site.

That's why some projects have a strong backup from some exchange. They can't get many investors right now if they don't have it. Unless it's supported by some influencer.

It's hard to pick a project that has a real goal. Mostly projects with a nice plan ended up being abandoned after ICO.

bastian466

sr. member

Activity: 1372

Merit: 251

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It means that it is a fraudulent project if it is left without any definite explanation.Indeed, there are a lot of new projects that make promises, don't be easily tempted,we must really investigate one by one very carefully so that no regrets occur

Janus101

member

Activity: 119

Merit: 11

Crypto market is a very competitive scene with many new projects try to establish themselves over many old projects that already have a strong foundation and base. Of course, the market will demand more and more so most new projects will fail, abandoned, and never surface again. Only a few able to survive this process and you should get use to it.

totoy4741

member

Activity: 882

Merit: 13

Quote from: kapalmabur on August 23, 2020, 09:27:13 AM

when there is no Hype, then the new project will not mean anything,
but if the Hype is happening, a new project that has the same theme, then choose and do analysis, I'm sure you will be lucky

Hype is good thing in a project it gives a huge opportunity to boost its promotion but there are some cases that project rely too much on hype. A project that lucidly working, but surprise ls everyone when it comes out. Like YFI, which became a hot topic lately.

kapalmabur

sr. member

Activity: 2002

Merit: 250

when there is no Hype, then the new project will not mean anything,
but if the Hype is happening, a new project that has the same theme, then choose and do analysis, I'm sure you will be lucky

Fredomago

legendary

Activity: 2996

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Quote from: Rana590 on August 22, 2020, 11:06:08 PM

At this time, a very few projects have bright future. Most of these are not potential. Scam and fake projects are available now. For investment, we should need deep analysis about the project. It is better to enter a project after a well progress.

Your last statement may have different opinions as there are different types of investors, some loves taking the risk while the project still on it's introductory stage while some are just like you who participate or invest when they already seen actual progress and real usages, but for sure DYOR is the important package before doing any investment.

Quote from: ?? on ??

Some crypto project are just clone chain/copy from another existing project. But the good thing about is they evolve and improve the existing one. But some project are created due to hype. Some businessman who doesn't really care about the tech would jump in and offer an idea without the intent of executing it, they just want the money.

When money strikes and start to talk, people will be greed and start working with it. The reason why we needed to be extra careful
in doing any participation with new projects, most of them are just after investors money no real plans to make the project worthy
and usable.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

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They are just new shitcoins/deadcoins in the future. That is what I see with the new projects right now.

Maybe I can be wrong since there are still some projects that ending up being a successful one but most of the time, new projects right now are either will be a shitcoin in the end or it will lack community or in short it will be a deadcoin. I've seen many projects that ended up either of the 2.

Oh I forgot there is a 3rd one and that is a scam coin. These is the most popular one in the new projects Cheesy

. New project will get hyped but in the end they will end up as a scam coin Cheesy

. Poor new investors.

abel1337

legendary

Activity: 2492

Merit: 1145

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Quote from: Rana590 on August 22, 2020, 11:06:08 PM

At this time, a very few projects have bright future. Most of these are not potential. Scam and fake projects are available now. For investment, we should need deep analysis about the project. It is better to enter a project after a well progress.

This is true, Misunderstanding the project are very common today since too many projects are showing up out of nowhere and some of it is on a disguise and has a very good luring promotion. I myself got really hard time finding good projects that have a future that's why we should need some luck in picking projects and not always the plan and promise that the project/team declared.

chikator

sr. member

Activity: 406

Merit: 250

The Fourth Generation of Blockchain in DeFi

I think a lot of these new projects are promising really attractive platforms and goals. But most of them arent sustainable to last in the future. Most of these projects promise goals that are attractive now but wont really work in a few years to come due to changing times. I believe that before anyone should take on a new project they should consider first if the projects goal will still be relevant in the future. To avoid the collapse.

Oppo57

copper member

Activity: 1106

Merit: 0

We've been getting some projects from last year that show us a lot of profit potential but we don't get any of them. So in my opinion, it is necessary to work by selecting the project without looking at any project. The future of some projects is very bright. I hope we can find out the projects in particular

Rana590

sr. member

Activity: 1750

Merit: 267

At this time, a very few projects have bright future. Most of these are not potential. Scam and fake projects are available now. For investment, we should need deep analysis about the project. It is better to enter a project after a well progress.

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

Well, maybe projects from the past were only scam projects, but nowadays i think not the same.
We can see the market of cryptocurrency keep rising, this is shown that people start to involving in cryptocurrency again, maybe it is because DeFi projects. We should keep our eye on new potential DeFi project so we can become the early investors of the project.

Kez1817

member

Activity: 909

Merit: 17

www.cd3d.app

Not all new projects are becomes garbage after a few months. There are New projects which is still promising and the project team doing a lot to ensure the success of their project. For a newbie it's really risky to join a new project if they didn't analyze it first before investing or joining. Still need to be careful if you want to invest in a new project that you have no enough knowledge about it.

PerfectCircle

member

Activity: 252

Merit: 11

Don't go for new projects easily, they are too risky for newbies who isn't into crypto for long time, even if a newbie do good research some part will still be missing, there is a big difference between someone who have had three years experience in crypto space and someone who just get into crypto train a month ago

key4co.in

hero member

Activity: 812

Merit: 503

Quote from: xOdiumNostrumx on August 22, 2020, 06:57:05 AM

Right now its basically almost impossible to familiarize yourself with every project that others may perceive as "promising" as there is a constant torrent of new DeFi projects that are popping up left and right. I try to weed out the ones with a low market cap, a working product and a solid team, so I lower the chances of being dumped on after the initial hype subsides.

Very correct, there are many new projects especially DEFI focused and one has to be extremely selective when investing in these new projects. At a time, I can't invest in more than two new projects to reduce risk. Some people jump on any new DEFI project they come across, hoping it pays off soon, this is a very wrong concept of investment.

xOdiumNostrumx

full member

Activity: 1064

Merit: 101

Right now its basically almost impossible to familiarize yourself with every project that others may perceive as "promising" as there is a constant torrent of new DeFi projects that are popping up left and right. I try to weed out the ones with a low market cap, a working product and a solid team, so I lower the chances of being dumped on after the initial hype subsides.

bobyhodob

sr. member

Activity: 1162

Merit: 253

Quote from: reza7777 on August 22, 2020, 02:35:18 AM

smelly projects are very risky so we must be careful in determining the project before investing, because many of them are still associated with the word scam. So instead of wasting time on such a project it is better to choose a project that has good development, I mean top altcoins

Scam projects will always exist, the most important thing is that you must be able to find more in-depth information before investing or participating in a project and as much as possible you do not use all the money you have so that when you lose you will not lose all your assets immediately.

reza7777

sr. member

Activity: 1414

Merit: 255

smelly projects are very risky so we must be careful in determining the project before investing, because many of them are still associated with the word scam. So instead of wasting time on such a project it is better to choose a project that has good development, I mean top altcoins

NoG-NoG

full member

Activity: 616

Merit: 100

Quote from: Sulman326 on August 17, 2020, 10:10:58 AM

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 those new project are just looking and think only for short term mindset which happen for them to vanished in just a short period of time as well. But I still believe that there are still new projects who are into long term mindset we just need to trust and support them as well like what we did to the old and successful project now.

Banulit

full member

Activity: 674

Merit: 100

Don't get me wrong I think we should be equal opportunity to those new projects like what we did to those project which are now successful in the crypto-world because maybe they can be a life-changer especially to all of us crypto enthusiasts. Maybe on of those new projects will gives you the earnings that you are looking for in a long time. Let's also give them our trust as we did to the older projects.

Topic: Whats your thought about New projects? - page 15. (Read 55172 times)