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need help guys i am new in the world of crypto and have a small portfolio as you guys know the market is completely dumped but i noticed people making good profits from the newly launched projects so i found a project named dragon Space you can visit their website here : dragonspace.io
and i found this project interesting because they have a lot of features such as rebase in every 3 seconds , P2E, marketplace, and much more and also most of the features are live and they have a fair launch on 12th of June 14:00UTC on pinksale and i am going to take part in it but i am afraid of losing money so need help should i invest in this project or not may be you guys know better than me thanks. I also share you website and gitbook link

Website: https://dragonspace.io/
gitbook: https://dragon-space.gitbook.io/dragonspace-gitbook-3/

When you realize the state of the market today, it has been very badly disposed of, so never drop money on a new project. Even if it is tempting, due to the fact that you will get nothing. People would be much better off avoiding bear markets at this time, and more inclined to guard their assets. I have nothing to suggest to you, in fact I think it's better not to invest for now. If you insist, then again, every decision is yours.

Are you getting carried away by FOMO to invest as soon as possible? you should consider a lot of price conditions in the market today. I don't think you should rush it. Investing just because you are in a hurry will plunge you into the same hole. Investing in a new project is very risky, if I were you I would skip this project.


When the bear market conditions all will be discarded, and you are clearly difficult to take a profit. The ambiguity of the project also makes it very shady. Shouldn't a corrected altcoin give you another option?

If you are afraid of losing money then don't make that investment because it will make you regret if it doesn't live up to your expectations, new projects are very risky even though they offer some features but it's not proven that their project will be successful in the future, so research again and this will be your responsibility when you have invested in it.

There have been many new projects launched but I'm not at all interested at this time especially in a bearish market, so the best advice is to research again.

I have to say i always find it pretty shady if you disguise your little shill thread for you own project or the project that you have invested in as a thread of a newbie that is really looking for help or advice. So i would not invest in the project that you are advertising just because of that. I took a quick look on the website that you have linked and even though it does not look like a total scam i also think that this project is really nothing special at all. Just another NFT based minigame.
Also i have to say that i feel sorry for the team if this is a really genuine project where they ave put their work and time into because i am pretty sure that it will not do very well in this current market.

That project planned to use pink sale, I don't see good results from pink sale projects compared to other IEO/IDO platforms out there, also now the bear market is just starting to get meaner I think its better to wait for a few weeks first, I will start buying alts if BTC goes down to 20k.

Solid Website, it looks cool but the introduction is shady. It's too good to be true. If this is yours, I'd rather erase that and change it with something else. Investors might be driven away just because of that.
No, we all know that is not true. Call me a pessimist but I have been an investor in different blockchain games and they say that always, they end up in the dumpsters. Honest marketing works better in this time.

Very much like the shilling of the project in an attempt to advertise a new project, not an investment of a newcomer. The project site is some kind of slow, windows do not always open, and on the main page it says Tokonomics. I wonder, before launching all this, they checked the site for errors and performance?

If we talk about the project itself, now is not the best time to launch GameFi, the industry is going through bad times and the number of active users is constantly decreasing, there is no special influx in the industry, now if there are any cash inflows, they are concentrated around m2e projects, and the crypto game industry is now in a freeze.

i don't understand why you found this project interesting, you better do good research, and after try to invest

LOL :D, I agree with you, this is just his way for promoting this project, but even so, it seems that the website they have is quite professional with an explanation of what features are in DragonSpace.


It is true that the current hype is about Move-to-Earn (M2E) so it will be more promising to invest there. If I had the funds and wanted to find a new project, I would definitely not choose a project on a P2E basis. But what is quite unique here is that they have managed to collect 108 BNB at PinkSale, this has even reached their softcap. You can see it at the following link: https://www.pinksale.finance/launchpad/0xaaba6172710a4470c34C55885c119C894B794679?chain=BSC

For most users here, we are not easily convince by this discreet promotion of the project. We look beyond what is offered. The project mentioned doesn't ring a bell to me. But maybe, they have the chance to survive depending on how the team will develop this platform. So it is up to the OP or user how he will keep up to date with the project if he is interested with it. Some are promising at the start but later on, the dev team will slowly wane their enthusiasm of developing the project owed to various reasons like lack of funds, and no long-term vision.

People make profit for newly project launched and for the same reason people too lose their capitals for newly launched project. If you want to invest in the cryptocurrency and you focus for new project that is not trusted and worthy to invest with. I know very well that new coins givess profit than old launched coins but i prefer the old coins

sorry but this is very strange:

1 - you posted on: November 25, 2021, 06:55:11 AM

2 - you posted again on: June 11, 2022, 05:03:22 PM

you stopped making a post for months and when you make a post again and just to talk about a newly created project that you discovered? what is the chance of you having discovered this project and not being the creator of this project? as i am not investing in altcoins, i can only give you the advice to stay away from altcoins in this bear market

I checked their website and there is one thing I saw in which will become attempting to any investors. Do you know what it is?
That things is they have 934.4% forever APY, this is the first I saw this kind of promoting a new project like this. And the big question is
how true that it will gonna be happen forever staking for the percentage of 934.4% APY?  is this really forever?

Moreover, if you are really afraid of losing your money, my advise is simple don't take part in this project. Because if you believe in something
in the new project saying the word "AFRAID" has no space surely in your mind as an investors, that is because you Believed in it 100%.

The market is quite bad so I advise you not to join new projects, if you are afraid of losing money when investing in it, it is best not to invest at this time.

A lot of coins have dropped in price even there are many potential altcoins after having impressive growth days, their current price is almost equal to the initial IEO, ICO price. So I think you should focus on old potential altcoins instead of new altcoins.

What the fuck are you talking about? if you do know that if you are feeling worry to invest in the crypto and why should you need to consider to invest in the new meme token that launched on the pinksale? Pink sale is the most popular launch pad for the meme token and so many tokens that launched on this platforms have been ended to be the scam token and im thinking if you are being too optimistic with the result of it.
YOu must aware if you are potentially loosing your money instantly during the bearish market.

That's not surprising, given the altcoin market environment. If this project had launched in mid 2021, I think it would have raised the necessary investment because at that time everyone was investing in all projects in a row. There was a hype back then, and people thought that by investing in gaming projects like this they would find a gem like industry leader p2e, axie infinity. But now, when even the top projects don't interest many people, what can be said about unknown newcomers in the GameFi industry.

look for projects with bitcoin smart contracts if any, binance, or etherum(polygon). because the etherum gas fee is now very expensive and I'm not sure the new project will be friendly to the etherum smart contract. If you also notice, there are now fewer new projects using etherum smart contracts.

Ethereum is still the top choice for good projects, although gas fees on ETH is still an obstacle for many developers and investors, it is not a barrier that can stop projects. Looking to find the safest and best place to launch.

This is not the right time to invest in new projects, OP should reconsider. You should look to the top projects, the ones that have been proven by time and the community instead of looking for the extremely risky new projects.

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Its true. In this bearish market, its hard to trust new projects as they would still end up in scams. It's better not to invest in it and focus yourself in buying bitcoin because its fully guaranteed, bitcoin won't fall as a scam. And the fact that its less likely to be profitable when the market is dumping, except for those experts here in the market as they would always find ways to manage the market well. So stay way from it, and divert your interest into bitcoin as its always the safest thing to do.

New projects are always risky to invest, most particularly when the market is dumping. So if you want an honest suggestion, do not invest right now because its impossible to make profits for those new projects who have not proven their worth and utility case. Instead, go and invest in bitcoin as its the most profitable asset right now and its price has gone so cheap that you can maximize your purchasing power which will create huge profits in the future.

No, don't try this. Don't get hooked up with their promises of having huge returns. Can't deny that some people are earning profit from new projects but that was because they are lucky enough to choose projects that are hyping and perfectly sell in time. But this project and considering the current situation now, you can't expect like that, and even the hype.

If I were you, I'd choose old projects that are working already. At this time, we are not talking about earning a HUGE amount but we are looking for assurance not to lose our money.

I highly recomend  to invest on tap coins, because new projects may failed in this time of bearish season, many project will surely stop or delayed on thier launches time or they maybe change thier road map due to continueous falling of the btc price, bitcoin price dropping has a very bad effect in the market, for now the very best investment is BTC and ETH, you will surely earn when bull season back in the near future just have a strong hands to hold.

If you are a newbie, I also want to tell you about the criteria by which you find the above project attractive. It seems that after a bleak period in the crypto market, people like you are still quite bullish on projects like this. I mean easy ones that offer quick profits as well as great risks. Honestly, the project OP is referring to doesn't see anything special or simple that it's copying other things in this space, so I highly recommend you go and find out what you're looking for, and the systematization of the knowledge that I am accessing is enough to bring joy in this market. I would be happy if one day you recommend something like BTC ETH DOT, worth buying all that you are thinking is attractive.

This is not a good time to start a project, we all know a bear market will cause many investors to leave the market and a lot of money will flee the market. Therefore, the success of new projects at this time is very few, looking at the top projects also divided many times.

Newbies often come to projects with the hope of multiplying their accounts but you should also keep in mind that a new project is not more secure than an old one, the risk is higher once it is released in a bear market, could just be a scam and go away, so do your research and make your decision.

I believe that, since all the good coins have dropped in price by about 80-90%, investing in old and reliable projects will make your investment relatively safe. Moreover, now that the bear market is going on, you will be able to make a good profit on the coins that are at the beginning of the coinmarketcap ranking. So due to bear market it is better to buy some good coins from the dip. At the moment No need to invest on new projects.

This is actually not the best time to invest in the market and certainly the worst to invest in new projects. Most new projects may end up not meeting their soft cap and several may lack the ability to continue. It's best to withhold your investment and if you must invest it should be in established altcoin projects with high market capitalisation or bitcoin.

New projects are indeed very high risk, but also have high profits,
because if you buy them during the presale then you really get more bonuses and the price is much cheaper,
there are many groups on Telegram discussing new projects, or you can search on youtube,
one thing that must be considered in choosing a new project is about the white paper and the integrity of the team they have

I strongly recommend it if you think it offers a good opportunity in the current market with these types of projects. It's just a waste of your time and money. Let's be honest with ourselves to see if the high risk return is really worth the bet at this stage. It's not an easy one to take the time to care about. There are dozens of similar projects as it is made to only confuse newcomers with vague promises and silly exaggerations.

take a look at a few projects like this and then decide whether to buy it or not

What you say is true, because I also think that most new projects created nowadays don't have a clear function, and just emulate a pre-existing
project. So whatever the promise of a new project rarely comes true and only harms investors in the end. Because based on my own
experience investing in several new projects, mostly just for fundraising, after the project team gets the benefits they will leave the project.
So the risk is very high, investing in new projects, so it's true that we're just wasting our time and money by investing in new projects.
Indeed there are some good new projects, but there are very few of them, so it is very difficult to know. Especially for newbies who have
no knowledge and experience in the crypto world, it's better to avoid investing in new projects and just focus on investing in old projects
that are proven to have a good track record.

I won't advice anyone to join new projects at this point. It may seem catchy due to what you they portray but it's always better to look long-term and this period may not give them a chance to grow. It's best to consider waiting and watching for a while to see how it goes before joining or better still, join other solid projects with stronger foundation.

If the market is in a bad state like this, don't ever take the decision to use your money in a new project, people are very shy from this kind of thing, even though this new project is very interesting and very tempting.

So, don't be in a hurry with projects like that, what you should do in this bear market is to keep holding on to assets that you may already have or you should postpone investing in new projects, so that no losses will befall you.

Choosing a new project for now is certainly very difficult, because the market situation is getting worse so it is difficult for a project to be able to achieve the targets they have set, so I have difficulty judging after seeing the whitepaper of the project you mentioned, namely Dragon Space, but the project has a good mission but I can't say it will be easy to make a profit, but if you are sure then it never hurts to try.

The advice is to stay away from projects like this, and don't think high returns and high risks mean risking money. I hope you will spend the money you have now to invest more in knowledge and skills in this market so that you can evaluate their capabilities without having to hear any information from anyone. I think you should refer to the current market situation as the current market situation can promote projects like this. Check out the project features, roadmap, and team, as well as check out the social media channels where they are active,... and basically participate in top projects to look for opportunities like IDO, IEO,... to avoid unnecessary risks.

You should think clearly and do thorough research before making a decision with the current state of the market, although it is promising but there is no guarantee that you will be profitable when the project goes ahead.
considering the number of lucrative and promising projects before compared to the projects you will participate in, but in the end it turns out to be unprofitable and even becomes a scam. So you have to be careful before getting involved and that's your right if you've done a thorough research.

Seeing the current bearish market conditions, I suggest you do not invest in new projects, it will most likely lead you to a point of loss, I hope this will not happen to you. do not be tempted by new projects that have not been proven true either and stay away from projects like this, indeed I have no right to prohibit you, I can only suggest it. stay away from a mistake that will make you fail to make a profit.

Instead of doing things that are a waste of time according to people's views, you should still hold your assets first (if you have them) and I'm not the only one here who says with market conditions like this you should not invest in projects  new ones in a hurry without analyzing and finding out about the project.

New projects might have a hard time dealing with the current market situation that we have right now or worse, they might not be able to survive. Even strong and well-established coins these days are in shaky condition. It will be too risky if you'll just put your funds into new projects. It's better if you'll focus on buying high-potential coins and hold them until the market fully recovers.

The market is not doing well. I think token-based projects have the potential to be a bigger scam, especially facing a bear market where large-scale coin suppression always impacts all cryptocurrency-based projects. Just suggesting it's better to save your money than you will lose, but it's your choice because it's your money.

Now the crypto market is good.  So now it is better not to invest on any token or project.  Because no matter how many projects come now.  80% of them become scams.  It is difficult to know which project will scam and which will not.  And those who are new.  They will be a little wary of this.  Thanks

yeah, its not even funny rn how many shitcoins are on market

Might say it was his money but I don't recommend making a stupid decision because it was their money, he is supposed to listen what other says and advice or else he put into a wrong investment. At this bear market condition, a number of new projects have been turning into a scam/exit scam this become a reason why we should be smart enough in choosing project/s to invest with. In fact, there are a lot of promising projects which is ideal for long-term and short-term investment which I suggest for OP to consider.

Honestly, if I were you, I will not spend ay money to invest in this new project or other new ones. For, new pojectss requires very high  risks. Seeing the current market, I don't think also that some projects can survive and pass this bearish market. Many may be dead soon and our money will be lost. So, it is better to be wiser in spending our money right?
I know that many people may promote and promise about high profits, but can they guarantee? No.
It is better to buy Bitcoin because it is discount so much right now.

True. It seems he/she is just shilling this particular project. In times like this (bearish market) its not wise to invest in new projects because we're not certain if the project will last long and can survive this bear season.

Anyway, op if you're afraid to lose your money then dont invest in new projects and choose an established coins. Because its less risky since these coins already managed to recover once bear market is over.

In fact during dip is the best time to accumulate. Thus take advantage the situation if you really want to be a gainer in the future.

It is one of the best tips, I would also advise you to buy BTC, however I would say not to buy everything at once, but rather buy it in bulk because if the price drops you could take advantage of buying more, the more BTC you have the better, However, when you see the short charts on bitfinex, they are not open, which means that there is a clearly buying volume, but you should not be fooled because sometimes they are selling more than normal, but since there are so many buyers, it is reflected down.