Mahdirakib
Legendary
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Activity: 2044
Merit: 1042
In Search of Incredible
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November 11, 2020, 06:16:45 PM |
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The word fraud and scam comes in my mind whenever I hear about new crypto project. Cause most of the new project fail to survive and turn into scam. Very few project become successful finally. No one can guess that exactly which coin project going to be legit and survive. Though I get information about new project launch from some telegram group but never pay much attention to them. It's hard to find out a real one.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Benefactor
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November 11, 2020, 06:27:35 PM |
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I am certain the individuals behind them are only here to make themselves rich at the earliest opportunity with the goal that when issues come in they quickly cover up in the mountain and in this way left the undertakings pass on itself. venture that has halted and the token has not been recorded on the trade, at that point there are additionally tokens that are still in lock, much more terrible, they have been erased from the trade and some don't convey their tokens.
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restuibu
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November 11, 2020, 10:05:46 PM |
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if the old project is still profitable why should you choose a new project, in my opinion, new projects are full of risks because 80% of new projects will fail because they can't compete and many of them are left by the team so that it becomes a scam
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onecall123
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November 12, 2020, 05:52:34 AM |
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if the old project is still profitable why should you choose a new project, in my opinion, new projects are full of risks because 80% of new projects will fail because they can't compete and many of them are left by the team so that it becomes a scam
Same things happen constantly but become so normalize that none do care of it. If you're going to put your attention on any new project specially in 2020 it's compulsory get ready vital alert. Investment any cryptocurrency is risky however new venture could be much more dangerous so take decision in an intelligent way.
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Eddyc
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November 12, 2020, 12:32:37 PM |
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In my opinion there is a process of following what is in fashion and soon new projects follow this parameter to stabilize their new ideas and we hardly find projects with new ideas that can change people's lives or the market. I'm not against launching new projects but I'm in favor of novelty and not a copy pattern.
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Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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peter0425
Sr. Member
Offline
Activity: 2786
Merit: 457
Vave.com - Crypto Casino
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November 12, 2020, 01:01:32 PM |
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I personally very rarely buy tokens of new projects, because among them there is a lot of scam and to find some worthy project that will make a profit is very difficult, so it is also not an easy process.
And why need to Buy new token when there are already existing and good performing coins that has been trusted and proven to be legit. Serves many of us in the past until now and we can assure of being safe and secure?
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Winscosinally
Member
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Activity: 490
Merit: 16
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November 12, 2020, 01:49:35 PM |
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New projects are mostly from con artists that are looking for fast money but some few new projects are from crypto experts that are really ready to bring something new to the table, they deserve to be given a chance, you can out have problem if you don't know how to do research on new projects
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Ken_terrance
Member
Offline
Activity: 574
Merit: 18
Making Smart Money Work
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November 12, 2020, 02:01:45 PM |
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Don't judge new projects if you haven't do your own research on the project first, the moment I came across Avalanche few weeks ago before they raise fund I knew it's a high quality new project, if you don't check it out first you will never know, so before judging do some digging first, who know? It might not be what you expected.
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CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
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November 12, 2020, 03:36:33 PM |
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Don't judge new projects if you haven't do your own research on the project first, the moment I came across Avalanche few weeks ago before they raise fund I knew it's a high quality new project, if you don't check it out first you will never know, so before judging do some digging first, who know? It might not be what you expected.
In this case, we can use simple math. 90% of projects are scam, while the remaining 10% can be divided into 2 categories. 7% of failed projects that do not raise funds or are not implemented in the process, and 3% of successful projects. What conclusion can be drawn? Any new projects must be treated without emotions, with a cool head and critical thinking, any of them can be or become a scam.
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Darkelf11
Member
Offline
Activity: 512
Merit: 44
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November 12, 2020, 04:28:08 PM |
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Don't judge new projects if you haven't do your own research on the project first, the moment I came across Avalanche few weeks ago before they raise fund I knew it's a high quality new project, if you don't check it out first you will never know, so before judging do some digging first, who know? It might not be what you expected.
Not to judge but just being careful with those new projects, since the last few years most of these projects are scam. You are lucky if you find a great project. Having a background check with their paper and doing some dig with the internet about that project is one of the way to determine if it is worth for investment. I've had encountered a lot of scam projects before and once they get what they want, they will cut and delete all your connections with them so better be careful than sorry.
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Lore06
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November 12, 2020, 04:45:32 PM |
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Most new projects do become scam in the end, because we no longer see their project implementation in real life after they successfully earn money, but we also can't generalize all projects will be like that. There wouldn't be altcoins if there weren't any new projects, the most important thing is our knowledge of the project.
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terizla
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November 12, 2020, 04:55:42 PM |
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Maybe their goal is to make a new project so that it doesn't fail halfway. But its difficult to invite investors to join that project and support the new project become success because the many of scam and fake project.
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prince V
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November 12, 2020, 06:48:06 PM |
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I still believe that there will still be good new projects going forward even though there are very few. As we've been through most of the new projects do become a scam in the end,but we also can't deny that some of them are now great altcoins. If you want to make a big profit by investing in a new project then do some in-depth research.
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Skadi360
Jr. Member
Offline
Activity: 66
Merit: 1
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November 15, 2020, 05:34:08 AM |
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Majority of the new ones always disappointed their customers because they can deliver well what they promise so lots of fudding occur. What they do is promise and promise without considering that they will be a problem every time. And with the mediocre features surely it would not last a month or two, only small percentage of new project became successful because almost all the new project is only on making money without considering how to do it.
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bicork
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November 17, 2020, 11:46:29 AM |
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I think DeFis nowadays have huge potential and it is a really hot topic. I like Jointer - it is real estate DeFi. But there are of course, plenty of others. Sushi, Pizza DeFis..
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mnporter2001
Sr. Member
Offline
Activity: 602
Merit: 250
HEX: Longer pays better
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November 17, 2020, 11:53:23 AM |
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I think DeFis nowadays have huge potential and it is a really hot topic. I like Jointer - it is real estate DeFi. But there are of course, plenty of others. Sushi, Pizza DeFis.. Defi real estate projects are really not safe to invest. Especially now that the Covid 19 translation is booming, the demand for real estate has also decreased sharply during this period. Besides, real estate projects are often not welcome in the Crypto market, it is often projects that require large capital calls and no growth potential. Currently, only Defi Staking or Yield farm projects are potential, you can refer to Folder Protocol and Kira Network, which are Defi projects being shill in many countries. Make a wise choice and analysis before pouring money.
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khiholangkang
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November 17, 2020, 11:59:28 AM |
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I think a new project is good if he can come up with new innovations, and can implement them. Not only providing innovation but not knowing how to develop it.
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jademaxsuy
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November 17, 2020, 12:13:04 PM |
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There are always new projects in cryptocurrency to which most of it are scam or HYIP. However, there are other good proejcts also that has been doing well especially with bitcoin market having good and being bullish. I think we are heading to bull run and hopefully another breaking record for bitcoin surpassing the 2017 ATH for bitcoin. I think many get's excited too and willing to invest to it this is why we can see that more and more people are buying bitcoin to anticipate the bullish trend for bitcoin.
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sarmrakib
Full Member
Offline
Activity: 1314
Merit: 101
Crypto lover
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November 17, 2020, 12:21:55 PM |
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Don't judge new projects if you haven't do your own research on the project first, the moment I came across Avalanche few weeks ago before they raise fund I knew it's a high quality new project, if you don't check it out first you will never know, so before judging do some digging first, who know? It might not be what you expected.
Its really true that we have to research our self .I have said many times on forum that we have to do our own research that's how we can improve our knowledge behind the upcoming project .You can follow other expert research but you don't depend on it to invest .Do your own .
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Byakuga
Member
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Activity: 518
Merit: 28
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November 17, 2020, 12:29:02 PM |
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Scammers are growing in numbers and now that Bitcoin is very bullish many new scam projects will come out of nowhere, there will surely be few good projects but just have it in mind that almost all new projects are here for money making only, they have no good intentions
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