Zeke_23
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August 21, 2020, 06:37:46 AM |
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There so many projects popping out and most of them are there for money. This is the fact in this industry with so many new project you have to really be wary of in choosing one to invest. Money and greed for those who creates without purpose. So we have to be choosy prior investing these days.
yes, we don't see any other reason but only for money. They continue to make new projects because they want to make an easy money out of their investors. Even if the project is really useless and full of shit, as long as they gather investors and make money, they will do the project.
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RabbiTANK
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Sovryn - Brings DeFi to Bitcoin
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August 21, 2020, 06:44:24 AM |
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It depends, new projects can still be trusted, we've seen good projects this year so far like
1. Avalanche 2. Cartesi 3. Origin protocol 4. DIA 5. Oikos
All you need is do deep diggings and understand perfectly what the project is trying to do, this is the most important part
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Kunnu
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August 21, 2020, 07:00:50 AM |
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I am not against new projects nor I fully support these days I have seen so far it's very difficult for a new project to survive until it's launch on a huge graph with reasonable concept which is absolutely necessary for a new project anyways investing in new projects can be risky it's all totally depends on your careful decisions.
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ameliana
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August 21, 2020, 07:10:45 AM |
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maybe a project you participated in previously ended up being a scam, or it died and was generally abandoned by the developer. There have been many fraudulent projects on this forum from then until now. With regard to new projects, they have the same goal of developing their project through the funds of ICO investors as well as project promoters. In 2020 I think there are only a few good new projects to follow and a lot different when compared to the 2017-2018 projects
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bitcoin_paypal
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August 21, 2020, 08:19:06 AM |
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Im not sure that we really need new projects. The majority of them are useless and people are creating them jut to collect money
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chakhigh
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August 21, 2020, 08:21:23 AM |
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Unless the new project is not launched for the sole purpose of gaining interest and collecting money, there should be no harm.
New projects are a good sign of market adoption on a large scale. Any good project should have a use case or a demo version of its platform. But, that's not enough! The team must be dedicated and persistent too. Honestly, I find YOUengine as one of many useful and solid new projects. It has the "look and feel" of success behind it. User-oriented platform with unique concept and a solid team.
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S4VV4S
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August 21, 2020, 08:24:34 AM |
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New projects are most times good for short term hold, make profits and opt out to Bitcoin of other top altcoins but depending on how good you are you may be able to spot new gem that can live longer and become successful like ChainLink today, presently I detect DIA is another gem
Actually there are many good new projects, but we don't know them, because it does not provide a bounty program so their project is not visible on this forum, but so active on Exchange. Yes, I agree that the DIA project should be monitored. I see this project having a great future.
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tvplus006
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August 21, 2020, 08:47:54 AM |
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...What do you think?
Many projects are created with the sole purpose of attracting investors ' money, because they see it as an easy way to make a profit without doing anything. Others who have a great desire to create a project stop in their development when they see that their idea is not needed by anyone but them.
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dainoran
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August 21, 2020, 09:06:37 AM |
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In my opinion, many new projects are our learning as investors to be more careful in investing our funds for the project, because there are many new projects that just sink and disappear and there is no clarity from the developer about the project.
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Gorosden
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August 21, 2020, 09:25:16 AM |
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We need new projects for sure to bring in new use cases and utilities but 90% of new projects are not needed in the first place, my best advice is to know what you investing money on, be fully sure that you aren't throwing your money away
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Shasha80
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August 21, 2020, 09:28:35 AM |
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It is true that many new projects have sprung up with unclear purpose. Therefore, I never invested in new projects. It is better to invest in old projects with clear track records, and also old projects usually have a higher demand compared to new projects. So my advice if you want to get tokens from new projects, you can participate in airdrops or bounty campaigns, do not let us spend money to invest in new projects.
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carlisle1
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August 21, 2020, 09:29:22 AM |
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New projects aren't that safe, it's a risky investment choice than going after old projects, make sure you invest only what you can gamble with, also do good research because with research you can easily spot some scam projects
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 legit and safer? does people really wanted to risk their money because of new projects promises to give them much higher profit than putting their money in Old projects? to be honest we don't need new projects, because most of them end up getting scammed, coins are worthless, projects die and are then abandoned by developers. if indeed the new project is more valuable then I hope they can make 1 coin like BTC.
Or either use as pump and dump,the coins has good value before listed in exchange but after?the price dies and investors cries.
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Gozie51
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August 21, 2020, 09:31:24 AM |
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Im not sure that we really need new projects. The majority of them are useless and people are creating them jut to collect money
But not all. Investors need new and good project to invest their money and make profit. You could see above your post some projects that members are tipping as good for this year and they have been doing good. What an investor need is to research deeply and ask questions about the project they wish to invest in.
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glowing10
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August 21, 2020, 09:39:59 AM |
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Im not sure that we really need new projects. The majority of them are useless and people are creating them jut to collect money
But not all. Investors need new and good project to invest their money and make profit. You could see above your post some projects that members are tipping as good for this year and they have been doing good. What an investor need is to research deeply and ask questions about the project they wish to invest in. Yes, some of them are good projects and well designed as well. But remaining other are not worth or may just be for short time to make some initial gain and exit it. Those are like your pump and dump coins which the owners create just to mint money in short time without any further value in the project.
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Jeger.Kiting
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August 21, 2020, 10:06:26 AM |
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Several new projects have sprung up, but the interest and response of Investors and the public are not very enthusiastic about responding to new projects, perhaps because of the low level of selling in all global markets which makes market prices drop even more, and in addition to the number of fraudulent projects that make investors and the community is no longer interested in new projects, this is what makes it difficult for new projects to develop and trust investors or the community, the comparison with projects in 2017 is better to weigh this year, at least there are changes in the system presented by these projects to attract the interest of all people and investors ..
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Script3d
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August 21, 2020, 11:01:03 AM |
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Im sure there are alot of underrated altcoins out there, some new project out there have potential but they have yet to develop, im sure there are already developed projects out there that have yet to explode.
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taufik0911
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August 21, 2020, 12:02:47 PM |
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Im sure there are alot of underrated altcoins out there, some new project out there have potential but they have yet to develop, im sure there are already developed projects out there that have yet to explode.
some of them usually haven't done the project yet and just a development idea or a plan so if they don't get the minimum fundraising then they will make their project a scam but remember this is only partially not all projects are like that
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Wildwest
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August 21, 2020, 12:15:54 PM |
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Indeed, at the moment we are very confused in choosing a project because many of the projects that we have followed cannot pay according to the promises they have said, but among those projects there are still projects that we can follow and pay us fully then do not despair because the crypto world will continue to grow and we can certainly enjoy the results of the projects we follow.
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Malam90
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August 21, 2020, 12:21:16 PM |
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Probably you are talking about new bounty projects. Last two years, many new projects launched bounties and they broke their promise after bounty ended. They didn't pay to the bounty hunters like XDB. If you want to invest in a new project, you have to find out a good one which needs your investigation of that project. Selecting proper project is a must for success in the IEO invest.
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lenovop-70
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August 21, 2020, 12:52:30 PM |
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Mostly, the new project doesnt delivered to its goals, but not all of them, some all them still legit, we can identify their team members from linkedin or on the official website, where the IEO is if they are issuing the token by market, whether the project goal is relevant and makes sense, and several other factors that make you sure of them, if all of these things you feel okay, then you can check on their official telegram channel, is there any toxic talk or words that threaten the project from that company, and if all is good, you can start to chat admin to start investing. I think that's enough and good luck with your investment.
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