Topic: Whats your thought about New projects? - page 9. (Read 55166 times)
Scammers have been in crypto space since 2018 now and yet very promising new projects still rise up, it doesn't make sense to ditch off new projects because of scammers, if you don't know how to do research then old crypto projects is the best for you, with good research you can still find good new projects
We should give new projects some space to breathe, some new projects are still capable to do wonders and make it to top 10, look at Polkadot today, it's sitting on number 8 on coinmarketcap, for a new altcoin that's really so amazing, if new projects can't enter crypto world again we will never see Polkadot today
In my opinion, as long as they can make the development of the project run smoothly this is very good, especially if a project can provide new innovations in the crypto world.
Your opinion is very extraordinary, but what you are saying is something that can happen in general to a project if the project has many good partners and large investors, because there is no way the project can run smoothly without help from others. , especially now that there is a lot of competition in crypto.
If everyone decide to avoid new projects who is going to invest on them? As a matter of fact not all new projects are scam, Polkadot came out of nowhere and entered top 10 on coinmarketcap, look at chainlink performance today, or Aavax? Many new projects will perform better, take it or leave it.
Majority of new crypto projects are build by scammers and pump and dump developers, we can't stop the production of new projects since many top altcoins are smart contract based, new projects will always pop up but it's on us if we fall for scammers, we must secure ourselves with research skills
Well there are still gem in new projects, its just that these kind of projects are hard to find nowadays.Extensive research is really needed to avoid scam and shit projects if you dont want to end up losing your money.
Majority of new crypto projects are build by scammers and pump and dump developers, we can't stop the production of new projects since many top altcoins are smart contract based, new projects will always pop up but it's on us if we fall for scammers, we must secure ourselves with research skills
Decision making in terms of choosing a wise project is really important because sometimes investors are most likely to choose scam projects rather than good project. Most of the new projects have only small probability of success rate and it is the downside if you are investor who want sale and keep patronizing in its offering. I do not usually prefer to buy and make investment in new projects because like what I said the win rate is only low and I will only have conviction to make investment in that project if it be listed in popular exchange. A project will only become successful if it will be listed wherein many investors and traders should patronize it.
In my opinion, as long as they can make the development of the project run smoothly this is very good, especially if a project can provide new innovations in the crypto world.
There are many projects in the crypto market but in most cases the new projects do not rise very high as they have less idea and knowledge about crypto their demand gradually decreases there are also many new projects that are well positioned but mostly scammed there is a high demand for older projects. These have been in the market for a long time and investors are not losing much the new ones are greedily scammed after getting more power.
Crypto world is really innovative and its very good sign we are have too many new projects which are bringing some very good and effective ways of good life its never been stopped and this will give more new ways and better technology for better future in this process if few are not achived their target or have some other issues and unable to completed so its not big problem but if scammers doing their own tricks and trying to catch investors funds its really big problem for this crypto community because already we have some big scams which are not giving good impression to world.
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,
There are no real use-case for most of the new projects nowadays. They offer same shit from what I have seen and couldn't attract the investors anymore. I know some of you guys just care about the coin and don't even bother with the real-use case in the world but it's worth to mention that they offer no brand new ideas.
We are not sure what is their purposes or real reasons why they are creating a new more project, but we are sure that most of the upcoming project for sure possible to turn into scam. We need to find a new real project even it is hard to find out because of lots of scam and failing project happening if you find the real once you gain a huge profit or your money will grow.
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?
Unfortunately, this is the case, many projects that were launched earlier either no longer have activity or do not exist at all. At the moment, I would not say that many projects are coming out, but again, most of them are either scammers or just meaningless. Now, most of all I turn my attention to infrastructural projects, in which there is a desired product or service. Of these, I can single out: Yllo is a multifunctional crypto platform wrapped in a messenger, and Buytex is a cryptocurrency exchange with a currently unique distribution system for its exchange token. There are also a number of other crypto projects.
and this is where decision making would be crucial.I agree that most projects now are shit and isnt worth for you to take up some risk but if you wont do such
step then you are just stopping out the chance for you to make profits and of course you do need to gamble out but this time it do includes some analysis which
is the most important thing to be considered on from time to time.
So many crooks are in the business now. I have stopped invest in pre-sales. Some so called DeFi projects dealt with me this year. Some after collecting the money from investors, they will disappear while some will list it on a low quality exchange and walk away.
We have seen many projects collected huge amount and run away and few projects failed because lack of fund.
One project was raised $128 million called envion they were legit and real but one team member only one member destroy their project because he was caught in manipulation of tokens.
If we talk about recent projects so few projects are legit and all investors always look at team members and their experience then they think about invest on project but it's not like 2017 and 2018.
Now investors mostly invest on top crypto and many investors bought crypto when market was bleeding now they all are waiting for moon.
One project was raised $128 million called envion they were legit and real but one team member only one member destroy their project because he was caught in manipulation of tokens.
If we talk about recent projects so few projects are legit and all investors always look at team members and their experience then they think about invest on project but it's not like 2017 and 2018.
Now investors mostly invest on top crypto and many investors bought crypto when market was bleeding now they all are waiting for moon.
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?
Unfortunately, this is the case, many projects that were launched earlier either no longer have activity or do not exist at all. At the moment, I would not say that many projects are coming out, but again, most of them are either scammers or just meaningless. Now, most of all I turn my attention to infrastructural projects, in which there is a desired product or service. Of these, I can single out: Yllo is a multifunctional crypto platform wrapped in a messenger, and Buytex is a cryptocurrency exchange with a currently unique distribution system for its exchange token. There are also a number of other crypto projects.
If until now you have not heard the latest updates from every project that you participated in in the last year, it is possible that the project failed, especially not getting enough funds for further project development, another reason may be the project ended with a SCAM and there are many reasons for that. but it cannot be denied that sometimes new projects do not last long in the market. developers prefer to develop new projects again rather than maintain old projects that have failed.
New projects come in many types and I consider investing in projects that are developing my own products with investors and their partners. What matters most is still technology and community. New projects have many advantages to go after because they have learned from previous projects' experiences. Although they are behind, they also have many challenges especially ideas and technological innovation. They will need more effort.
It is good if we come across a project that is based on mistakes and achievements of previous projects, but most often the opposite is true.
I agree with you that projects with certain development trends have the greatest potential.
Any project, especially now, must have a core consisting of a product that will be useful to the masses, projects have no future without benefit, speculation does not work today.
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?
We are in a sad state of crowdfunding I myself have participated and invested in almost 20 tokens, these projects look promising but unfortunately, they failed to get support from investors, I participated in a bounty campaign of one project, the name of the token is OIKOS, unfortunately, it's having a hard time to compete with the DeFi based coins I have no recourse but to sell as it is losing its value in the market, and it's not only Oikos but there are many projects that look good but cannot sustain.
New projects come in many types and I consider investing in projects that are developing my own products with investors and their partners. What matters most is still technology and community. New projects have many advantages to go after because they have learned from previous projects' experiences. Although they are behind, they also have many challenges especially ideas and technological innovation. They will need more effort.
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