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Author Topic: Whats your thought about New projects?  (Read 54027 times)
aemma
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November 04, 2020, 02:03:54 PM
 #161

First I think we need new projects but not all new projects are needed, let me explain. We need new innovative projects that will bring solutions that will be of help to humanity and not some hyped projects whose team are just out to steal from people. There have been many projects last year which are dead now in the same way, there are many this year which were created because of Defi but they are a shadow of themselves now. Also, remember some of the genuine projects we have today were once new projects, but owing to what they offered they are still working, so it means that before investing in a "promising" project do well to carry out your own research and be sure it is not a hype project but an innovative one with good solutions.
Secondly, since there will be new projects everyday, in the same way there will be scam projects and genuine ones, so let's try our best to stop feeding scammers and their scam projects.

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November 04, 2020, 02:04:21 PM
 #162

In my opinion, the emergence of new cryptos is good but we also have to be objective in seeing and analyzing new projects that we want to join so that we don't get caught up in scam projects. We also should not be easily influenced by the tantalizing promises offered by the new project, we must first analyze before making a decision.
DYOR is very important in this blockchain space, especially for new projects that coming in. at least we need to understand the team behind the projects. avoid projects with 0 knowledge about blockchain and crypto because it will only waste your time

Most people or participants rarely find out and investigate deeper about the project they are participating in, only a few of the bounty participants who investigate new projects arrive, that's why most people are often caught up with fraudulent projects and projects that have no knowledge of proper management and marketing in building the success of the project, so it is very difficult to tell all the participants who are beginners ..
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November 04, 2020, 03:42:18 PM
 #163

I'm sure they raised some money before abandoning the projects, see this is the true motive of many developers today, they've simply turn crypto world into fast money making space, what makes things more painful is that many of these scammers aren't leaving and no law is hunting them down
Yes, it is clear that they are scammers who do not go straight after cheating, especially if they are the big investors, so by mistake they have made no one to punish them, but directly their names will also be damaged and tainted in all eyes other investors.
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November 04, 2020, 05:37:01 PM
 #164

I just read out some reply, some are just very worthwhile to follow. You continued offering out great guidance and free warning about bad projects, but a lot of people still fall into the trap and finally losses their hard earned money! This is the real picture some are so stupid getting victim over and over.
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November 05, 2020, 05:19:00 PM
 #165

Do very deep research on new projects and don't expect much from them, many of them have inexperienced developers and only very few have promising devs, you need to do research and find that out if they are worth investing on, few projects are still worth Investing on, don't forget to invest only what you can afford to lose

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November 05, 2020, 07:30:33 PM
 #166

Do very deep research on new projects and don't expect much from them, many of them have inexperienced developers and only very few have promising devs, you need to do research and find that out if they are worth investing on, few projects are still worth Investing on, don't forget to invest only what you can afford to lose

Research can really help you figure out where the project is worth your attention and where is the useless rubbish.
However, for proper effectiveness, you must carry out a sufficient number of analyzes so that you have a correct understanding of various kinds of projects.
Explore scams and top projects, research mid-range projects and failed projects. The larger the database you collect, the better your analysis will be.

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November 05, 2020, 07:43:33 PM
 #167

My thoughts about new project as of now are few of them are better to participate or invest because I just find out that have a project that could be big chance to of successful but we need to be careful choosing some project there are time one of them are not trusted so we need to be wise in comes of project that we need to pick.

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November 05, 2020, 08:10:47 PM
 #168

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?
Most of them just want to be rich so they do startups project and I think money is the reason why there are so many cryptocurrency projects since there are people who will invest in crypto projects. Some startup projects didn't reach the cap or didn't gather enough funds to continue the project that's why they have been abandoned. They will lose more money if they continue the project.

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November 05, 2020, 08:41:26 PM
 #169

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.

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November 05, 2020, 11:46:24 PM
 #170

Same, I joined many campaign from various project too and 80% was failed in span around 2-6 Months, I suppose it's was hard for every new project to realized their roadmap or basically just another copying an concept from other project with purpose to get some money then leave it. Basically we need New and "REAL" Purpose now not just project that copying the others, This year i see DeFi and Decentralized Storage have an great potential, As we can Uniswap for DeFi and for Decentralized Storage you can see Arweave and Cyber.
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November 06, 2020, 04:51:08 AM
 #171

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

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November 06, 2020, 06:01:50 PM
 #172

I think the new project is riskier than the old project which is already listed on some of the top exchanges in the market. especially if for beginners who are just joining in crypto, it is very risky if you put money wrongly on a bad project because generally new investors are in a hurry and are tempted by high offers. my advice is better invest in real coins especially BTC and also ETH.

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November 06, 2020, 06:08:40 PM
 #173

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?
Obviously you cannot just invest in each and every project.
You have to filter and chose only the best projects in all aspects before you invest.
As there will be many projects that will not be able to survive and sustain for longterm.
So it is your responsibility to know where tou are putting your hard earned money.

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November 06, 2020, 06:09:35 PM
 #174

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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November 06, 2020, 06:15:01 PM
 #175

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


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November 06, 2020, 07:30:31 PM
 #176

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.

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November 06, 2020, 07:50:04 PM
 #177

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?

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November 06, 2020, 10:52:54 PM
 #178

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.

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November 07, 2020, 08:50:33 AM
 #179

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

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November 07, 2020, 10:54:32 AM
 #180

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.

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