Whats your thought about New projects?

[Byakuga]

Since the beginning of DeFi Hypes we've seen hundreds of scam DeFi projects that lure investors with very high returns from farming and lending, investors need to start doing very good research on projects or risk falling in scammers trap

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[globalpain]

Since the beginning of DeFi Hypes we've seen hundreds of scam DeFi projects that lure investors with very high returns from farming and lending, investors need to start doing very good research on projects or risk falling in scammers trap

therefore, if there is a new Defi project, just avoid it,
because there have been many cases of scammers happening, this is the same as when the ICO hype in 2017 - 2018 then,
if you follow when the Hype occurs then scammers will be rampant.

[InwardContour]

Some fraudulent developers are just making things difficult for developers with genuine intentions. Imagine PAMP and BLV owned by same developer (both new projects with hype) exit scam past Sunday, this mentally affects investors affected. How can projects with such great community support, product development and catchy project vision rug pull after everyone thought they are successful. Investing in projects with anonymous team and believing in anon team is like being led by a blind man. Investing in new projects is risky, it's not cool to invest a big percentage of your portfolio in a new project no matter the hype, personally I go in big in a coin when team has proven to be very genuine, public team and other factors like working products and project backings.

[Harrison chinoye]

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?

yes you are right bro even me i have participated in many project, at the end they start telling you story, but i must say their are also so many good project out their, but one thin one need to do before participating any project is to investigate about the project before joining.

[SlimShadyMmp]

Most new projects these days just launch so quick and you have to watch and catch them earlier or wait for price correction Most things that happens these days is check project and basic fundamentals and team and do it quick then join before hype start and hopefully make some gains and wait for the project to make some sense

[Adreman23]

Most new projects these days just launch so quick and you have to watch and catch them earlier or wait for price correction Most things that happens these days is check project and basic fundamentals and team and do it quick then join before hype start and hopefully make some gains and wait for the project to make some sense

Agree this strategy works on some new projects but there are also few good and genuine project like binance for example if they bought on ICO and sold thier token quickly i think they  regretted it because the price surge and never go back again at ICO price. So we need to be careful to sell quick because there is a saying that opportunity only knocks once, grab it or you'll lose it. To have deep understanding about the project may help us to make right decision.

[JahriMeayer]

Large number of new project scam recently and i assume, this trend will be continue for long.most of new coming good project can't do well because of they bring project within repeated ideas & project has lack of innovation.besides investors are running behind defi project.that's why good projects are unable to reach their target & they have to stop their project even ieo & defi scam a lots of people.so others can't dear to invest

[mobilestrike]

I am very happy with new projects that bring new ideas and they work seriously. But indeed, most new projects will slowly be abandoned by their own team either because they don't get investors or they already intend to scam. It all happened because of how easy it was to create a new project.

The actual reason of the failure of running projects is that in the past many projects collected a good income from the investors and after collecting that money they did not thought about the investors and did not listed their coins on good volume exchanges even they promised and collected sufficient money for that. This lead the coins of their project to lose value (as not much traders traded the coin) and the investors disappointed.

[calandra78]

Many new projects appeared in 2020, many new projects did not survive on the market for a short time after being listed on the market, the price immediately dropped, there were also new projects that remained on the market and the token price remained stable.

This year starting we saw the market range so many projects are not launched in the market. But current market is totally changed so many peoples are again active in the market. All the new projects have some private investors so they are all hold the huge token in before launching the market. Once it is launched in the market private investors start for selling and it is normal for all the projects.

that's what happened long ago if it happened like that, the market could easily fall. depending on how the developer plans and strategies to overcome it. This year there have been many successful projects, but I think investors are still interested in the old crypto market.

[CryptoLogo]

It seems to me that almost nothing changes. Most of the new projects, as were useless, are still useless, and most of them are outright scam.
The rest of the projects come to success, but this would be inevitable for them anyway.
Any new project is a risk, however, you will not miss a good new project as the crypto community always singles out similar projects compared to all others.

[proTECH77]

Since the beginning of this year 2020, I have been investing on new project, where some will make me stop in halfway just because the new project is not real but to scam at the end of the program. Many investors don't too like to invest on new project just because, they don't really understand, the if the project will bring gain  for them or not for them not to lose their strength and money for that particular project.
There are some new project are good for profit making if only you can take time to do some research concerning the particular project you are about to invest, is if the project is real or scam in the market, your research will surely review it to you before investing on that particular project.

[2tang]

There are only a few new projects that look quite potential in 2020, but even so there is still a little doubt if there will be fraud, I personally have completed several bounty projects this year but there are only a few of these projects that pay for my work and some of them are still postponing payments for some time, honestly in 2020 I don't really expect to get a large income from the bounty because it looks like a scam / fraud bounty project is still around until now, I hope that in 2021 things can get better for us bounty participants.

[pelumi20]

A greater amount of them has no purpose at all they simply need money from financial investors and give a phony whitepaper and credible roadmap that they guarantee they will make in the event that they have enough investment. The principle purpose of making numerous digital currency is avarice, they would prefer not to be given up and need to follow the progression of money that we have in digital currency. They need money for the thoughts that they don't have the foggiest idea whether this will work.

[ven7net]

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 far as I know, each of us wants the crypto industry to develop and, as a result, cryptocurrencies would be accepted at the official level. But how do you do this when there are no new crypto projects? I am sure that in no way, moreover, due to new crypto projects, crypto is getting better, and new people are coming with new money. The fact that there are failed projects or even fraudulent projects suggests that this direction is in demand and it is imperceptibly very good. But if demand falls, then everything can come to an end. You don't want that, do you?

[firmino10]

I'm certain they collected some cash prior to abandoning the projects, see this is the genuine motive of numerous projects developers today, they've basically transform crypto world into quick lucrative space, what makes things more agonizing is that huge numbers of these scammers aren't leaving and no law is chasing them down

[nelson4lov]

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 also see alot of new projects everyday, the question I always ask my self each time I click on their "Ann thread" is "what are they planning to solve this time", cause every new project nowadays claim to be able to solve an existing problem in the crypto sphere, recently its all about  DeFi here and there, but the truth of the matter is that not all this projects turn out to be successful, some are just looking to steal money from investors and some end up being  not solving the problem they talked about, in the end they fail and leave investors with their worthless tokens, that's why you see so many failed projects out there.

[AhmadM]

Many new projects appeared in 2020, many new projects did not survive on the market for a short time after being listed on the market, the price immediately dropped, there were also new projects that remained on the market and the token price remained stable.

It because many of them just garbage projects which don't have any real use cases or bring any new solutions, mostly they built it in a hurry don't have a solid foundation behind it. It simply said as after the project introduced and the sales published they will dump and leave it after several periods of time passed. Nowadays we need to do lots of research before involved in new projects.

[mung_nasib]

for now the project I am participating in still shows no signs of success even though several months have passed however, I believe that with self-patience the possibility of earning an income does not only accelerate in projects.and certainly an optimistic attitude is needed to keep trying as much as possible in running a project.

[Ryushin]

New projects hardly catch the attention of investors nowadays unless they are pretty good enough or they plan to use top exchanges for IEO crowdfunding, I'd say take your time to check out new projects cos they might have something fresh to offer, if I never used my research skill on new projects I would have missed out alot 

[maruf01788]

invest in a new project it's very risky. I have seen many new project looking high level but they do scam. If you see twenty new projects two or three projects will succeed. Others projects will scam, unsuccessful or failed. So very be careful investing in a new project.