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Author Topic: Whats your thought about New projects?  (Read 54017 times)
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November 10, 2020, 10:51:34 PM
 #221

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.
You cant really nitpick up projects and you would able to see on whats the differences among them and you can presume out that this one is better option than the other
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.


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November 10, 2020, 10:57:39 PM
 #222

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.

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November 10, 2020, 11:39:56 PM
 #223

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.

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November 11, 2020, 03:12:09 AM
 #224

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.
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November 11, 2020, 03:24:50 AM
 #225

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.
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November 11, 2020, 03:54:23 AM
 #226

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.

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November 11, 2020, 05:07:08 AM
 #227

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.
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November 11, 2020, 05:25:27 AM
 #228

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

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November 11, 2020, 05:35:37 AM
 #229

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.

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November 11, 2020, 05:43:21 AM
 #230

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.

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November 11, 2020, 05:53:56 AM
 #231

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.

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November 11, 2020, 06:02:26 AM
 #232

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

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November 11, 2020, 06:32:50 AM
 #233

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

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November 11, 2020, 07:10:34 AM
 #234

New projects are likely to give more profit in this market, some will be ridiculously high in a short while. It will be very smart to get in early and get out at the right time but scam will increase with the hype from different ideas. Influencers are staying away from most project unlike in 2016 to avoid Jail, which indicate caution from different angle. I expect most new project to come from existing project but with different teams to hide their faces and exploit the new market. We might a different approach to our research. Old project in new project does not matter as long as they are real and will get one profit

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November 11, 2020, 07:39:22 AM
 #235

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?

First a good number of those crypto forums or websites only cares about their own share just like most of the projects they are promoting also cares about their own well-being, only few of those projects are actually determined to make a difference. During the ICO time, this was also one of the reasons many people abandoned ICO rating platforms, because most of the projects they claimed to vet for also ended up scamming people, hence the reason there were many of those platforms and also still have same purpose.
Secondly, about new projects on the other hand; I agree there is need for new projects, after all some projects or platforms which are doing exploits today such as some DeFi projects, DEXs etc were once considered as new projects, but however we don't need scam projects, and since there is no way to stop them from coming up (maybe currently) it is now our sole duty to research on every new projects to be sure they are true. In addition to that, new projects comes with new ideas, and new ideas is what keeps the crypto space as well as the world going. Therefore, yes, we need new projects but we shouldn't be drawn into their hype that we fail to do the right thing and invest wisely.

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maria1110
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November 11, 2020, 07:57:23 AM
 #236

Always do research before investing
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November 11, 2020, 10:30:57 AM
 #237

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
Skills in making research must indeed be present in every bounty hunter, because considering that many non-original projects are always born every year, skills are needed in researching every new project that is born in crypto.

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November 11, 2020, 02:46:55 PM
 #238

New projects have many risks, this is why I don't recommend you to invest in new projects, if you join in new project you must analyze first,
if you are lucky then you will managed to find a good project like Polkadot, there are indeed some successful new projects,
this project is very successful and has become one of the best new projects.
agree, new projects have a big risk if the wrong choice of projects to invest in because in the present era some unscrupulous developers are only looking for money with new projects.  the best solution for investing in new projects, waiting for IEO launch on top exchanges as it will minimize the risk you will receive.

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November 11, 2020, 02:59:14 PM
 #239

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?
It may seem tragic, but its only natural in my humble opinion.
You can't know which one of them will succeed in the end, but you can be sure - there is no chance even half of them will.
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November 11, 2020, 04:38:07 PM
 #240

The top IEOs are also not always held, it takes months if you want to wait,
one way you can get a good project is to visit an ICO or IEO review site, such as ICOholder.com

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