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Author Topic: Whats your thought about New projects?  (Read 55143 times)
princerepon
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August 21, 2020, 03:39:49 PM
 #81

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?

Honestly i have not much good experience about new projects. If i'm not wrong then i'm not just one, literally every person have bad experience with new projects. It's rare to see a good quality projects whom work for real. Now days every projects just came for fundraising and after that they left that project. That's why crypto world facing lack of investors sometimes. In my opinion only 5% new projects have some faith and survive in crypto world. In my little experience people should show their interest on real product based projects at this moment.
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August 21, 2020, 03:45:53 PM
 #82

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.
There are so many failed bounties in this market that I cannot remember them all, hundreds of bounty failures like that every year. And this year I haven't seen any really successful campaigns, I participated in a lot of bounties but their prices crashed many times after the bounty ended.
I can completely relate this to me because since from the beginning of the year I had make participated in many bounty campaigns and still not able to make some pennies on this campaign.

my account was hacked by moondefi since past few years。 the moondefi is a scam, be careful!
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August 21, 2020, 04:00:12 PM
 #83

Sorry to say this but i assume that you spend so much time on the bounty section of this platform because most projects introduced in telegram channels are amazing projects with bright features. the likes of DIA, SERUM, COINDELA, CORIONX and so many others. if you check out the traditional markets outside cryptos, you will discover that it is the same thing. New products are also getting listed on exchange platforms.

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August 21, 2020, 04:13:16 PM
 #84

Those that will survive will survive and those that won't won't survive. The project survival depends on the team and that the project is about and how attainable the project's aims and objectives are.
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August 21, 2020, 04:55:42 PM
 #85

It's not that all new projects are bad, there are also some new projects that are becoming a new force in the world of crypto.

We are already witnessing this one by the presence of DeFi most if not all are gaining attentions
from the investors and the team are giving decent profits.
The project are being hypes and if you are lucky and wise choosing the right project to invest
you'll be able to enjoy the same benefits.

we can't see what happens in the future, our job is to try to find new projects that really have potential as dark horses in the industry.

We should never stop searching and sorting those interesting projects that being offered from
time to time, who knows what the project will bring to your investment.

Henrytrust
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August 21, 2020, 05:04:00 PM
 #86

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?

People host projects for different selfish reasons and that explains why we barely have sound projects in the space. I've promoted countless projects, and they exited after the tokensales, it simply implies that their purpose was to make money from the project for themselves alone.
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August 21, 2020, 07:15:10 PM
 #87

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?
As many people before and after me when I was beginning and taking my first steps in this market I was impressed by the number of new projects and I spent hours reading about them and trying to find the next big project but then I made a realization, most of those projects are not worth your time, I don't really have a problem with a talented developer trying to create something new, since that is what satoshi did, but many of those so called developers do not really care about the market, their investors, the project or the ideology of this market and they only care about making money so I had abandoned any hope for new projects.

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August 22, 2020, 02:19:35 AM
 #88

new project will exist for long time if they have good plan and product that could realized to investors and crypto community. some time dev team have good plan in their whitepaper, but they lack knowledged and skill to realized it till finally be shit project. be developers team was not easy, they must skillfull in blockchain technology and averages failed project due this reason. with limited skill they courage to build new project without clear plann.
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August 22, 2020, 02:23:15 AM
 #89

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?
Some of the new projects that we see are only a copy of a current project and they will say it more stronger than the current one its like an uprade version but when all is set still they cant even prove anything, most of the new projects will only collect money then leave the project.

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August 22, 2020, 06:05:25 AM
 #90

I have the same feeling on new projects but it is all because most of them will eventually fail because they are just here for the money and not really serious in offering something new or innovative, many are just copy-cats of what we already have, and I am sure the people behind them are just here to make themselves rich as soon as possible so that when problems come in they immediately just hide in the mountain and thereby left the projects die on itself. However, from time to time we can see a good project that really shine and make it through the trials and errors. Finding which will make it can be so difficult.
The feeling that it will "eventually fail" is the thing that brings people in crypto for profits.
But what drives the industry is the belief that we will succeed and crypto is actually going to be fiat of the future world.
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August 22, 2020, 06:13:20 AM
 #91

New projects are not suprising for me. What I am surprised is how the demand of new projects become high as long as the defi hype is connected with it. Imagine the profits earned from an anonymous team trading his coin and tokens on uniswap. Im noy sure those projects really care at all about the integrity of defi, like how many defi projects before its hype are really there? Lend is the one I like cause not even the hype they already a defi since then a worth your money for a true defi project.
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August 22, 2020, 06:32:11 AM
 #92

Don't get me wrong I think we should be equal opportunity to those new projects like what we did to those project which are now successful in the crypto-world because maybe they can be a life-changer especially to all of us crypto enthusiasts. Maybe on of those new projects will gives you the earnings that you are looking for in a long time. Let's also give them our trust as we did to the older projects.

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August 22, 2020, 06:36:07 AM
 #93

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?
I think those new project are just looking and think only for short term mindset which happen for them to vanished in just a short period of time as well. But I still believe that there are still new projects who are into long term mindset we just need to trust and support them as well like what we did to the old and  successful project now.
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August 22, 2020, 07:35:18 AM
 #94

smelly projects are very risky so we must be careful in determining the project before investing, because many of them are still associated with the word scam. So instead of wasting time on such a project it is better to choose a project that has good development, I mean top altcoins

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August 22, 2020, 07:52:18 AM
 #95

smelly projects are very risky so we must be careful in determining the project before investing, because many of them are still associated with the word scam. So instead of wasting time on such a project it is better to choose a project that has good development, I mean top altcoins
Scam projects will always exist, the most important thing is that you must be able to find more in-depth information before investing or participating in a project and as much as possible you do not use all the money you have so that when you lose you will not lose all your assets immediately.

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August 22, 2020, 11:57:05 AM
 #96

Right now its basically almost impossible to familiarize yourself with every project that others may perceive as "promising" as there is a constant torrent of new DeFi projects that are popping up left and right. I try to weed out the ones with a low market cap, a working product and a solid team, so I lower the chances of being dumped on after the initial hype subsides.
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August 22, 2020, 12:16:34 PM
 #97

Right now its basically almost impossible to familiarize yourself with every project that others may perceive as "promising" as there is a constant torrent of new DeFi projects that are popping up left and right. I try to weed out the ones with a low market cap, a working product and a solid team, so I lower the chances of being dumped on after the initial hype subsides.

Very correct, there are many new projects especially DEFI focused and one has to be extremely selective when investing in these new projects. At a time, I can't invest in more than two new projects to reduce risk. Some people jump on any new DEFI project they come across, hoping it pays off soon, this is a very wrong concept of investment.
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August 22, 2020, 04:57:08 PM
 #98

Don't go for new projects easily, they are too risky for newbies who isn't into crypto for long time, even if a newbie do good research some part will still be missing, there is a big difference between someone who have had three years experience in crypto space and someone who just get into crypto train a month ago

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August 22, 2020, 05:20:31 PM
 #99

Not all new projects are becomes garbage after a few months. There are New projects which is still promising and the project team doing a lot to ensure the success of their project. For a newbie it's really risky to join a new project  if they didn't analyze it first before investing or joining. Still need to be careful if you want to invest in a new project that you have no enough knowledge about it.

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August 23, 2020, 03:26:40 AM
 #100

Well, maybe projects from the past were only scam projects, but nowadays i think not the same.
We can see the market of cryptocurrency keep rising, this is shown that people start to involving in cryptocurrency again, maybe it is because DeFi projects. We should keep our eye on new potential DeFi project so we can become the early investors of the project.

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