should i invest in new project?

[nurilham]

New projects really make us curious, but you still have to choose a good project

I am no longer curious with new projects. I've experienced a lot of scams from new projects. For now, I am only interested in reputable projects.

make sure you have done more in-depth research starting from the team behind this project to the product they are developing to the circulation of the tokens they have.

This is something a must to do. Everyone who wants to invest in crypto, they must do a research whether they invest in new or old projects.

When we have researched everything, the next step is the decision whether you want to invest or not.

The decision must be based on the result of the final research you do. If the project looks convincing, it is okay to invest in the project. However, we must ensure to invest in the money that we afford to lose. Since it is a new project, the chance to lose money is higher than old project.

[Wahyuihib]

If you want to invest in this project, you should do it very carefully, especially since this is a new project.  I think there are still many new projects emerging apart from this project but without reducing my respect for this project

[Bravut]

That's right, they're also patient and intelligent nowadays. They know how to wait and understand how the investors go along with new projects and that's why we need to be more careful or for those investors, need to have more extra care because if not, they'd always been targeted by these scammers. They know who their market are and who to target with their tactics.

That's why it's important for beginners to invest in credible projects rather than having to try their luck on new projects. If you are someone who is ready to risk losing your money, and you have a deep understanding of tokenomics and white papers, you can try investing in new projects. If no you are just a beginner investor, it is better to be careful because there are many scammers on new projects.

They need to take time and DYOR. That's the only way for them to avoid these scam projects. I am not stopping newbies to invest into new projects.
They need to be diligent for them to see that they are doing it correctly. Because if they don't listen to people's advises on them, they'd certainly going to fall for many scams out there.

You're making sense. Everyday new projects with different task are emerging, and this is what happens every bull run just to scam people and fade off, so we all need to be cautious especially newbies who I believe will be enticed with profits all the likes, because many have learnt and are learning the hard way. Stick to a project already listed, and gear also on ones that have track record from previous cycles, of the truth many won't last, a word is enough for the wise. Better still start investing or put more resources into Bitcoin rather than some of this ponzi schemes.

[Tahid12]

I tried to enter the website but it shows something wrong. Maybe expired something. But i already guess so cause it seems the project is memecoin. Name was funny enough and I won't even investment to that protects. There is nothing wrong if anyone want to invest in new project but the problem is new projects are risky even after doing a lot of research it can turn out to be scam ICOs are risky cause it doesn't guarantee anything. Scammers can scam people by fake promises

[Volimack]

If you want to invest in this project, you should do it very carefully, especially since this is a new project.  I think there are still many new projects emerging apart from this project but without reducing my respect for this project

It is better not to invest in new schemes as they are more scams so it is better to proceed with caution. Check whether you have a good working relationship with the new project team members and whether they are fully committed to the project and the organization. New teams are doomed to failure for one or more reasons.

[sekalitas]

hello everyone
i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named Valentine.finance on BSC and they will be launch on 14th of Feb means on valentine's day and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. i also share whitepaper and website link
Whitepaper: https://valentine.finance/whitepaper.pdf
Website: https://valentine.finance/

It's 2024, and the project's website is down with no Twitter/X updates since February 2022, raising concerns about its legitimacy. While the idea of a crypto-integrated dating app is interesting, the market is competitive with established apps like Tinder. It's hard to gauge this project's advantages.

This situation highlights the risks of investing in new projects. You could lose everything, so only invest what you can afford to lose. It's difficult to predict a project's success, so be cautious and prepared for potential losses.