poodle63
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November 11, 2020, 08:34:02 AM |
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Of course new projects are still very promising but it's getting too hard to find the rare gems among the bad projects, it's like looking for a needle in the ocean, sometimes even promising projects failed, the best advice is always use diversification on so called promising projects and invest only what you can afford to lose, thanks for the nice post OP
That happens not only on crypto or blockchain market. try to take a look at other market although its true that new projects that are good are quite few these days maybe because almost all of the problems relating to crypto that could be solved by using blockchain almost nonexistent. Everyone trying to solve a problem and coming up with new project and now we're at the point where there's no problem left to solve thus many bad projects.
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Doranile432
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November 11, 2020, 08:38:45 AM |
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Of course new projects are still very promising but it's getting too hard to find the rare gems among the bad projects, it's like looking for a needle in the ocean, sometimes even promising projects failed, the best advice is always use diversification on so called promising projects and invest only what you can afford to lose, thanks for the nice post OP
That happens not only on crypto or blockchain market. try to take a look at other market although its true that new projects that are good are quite few these days maybe because almost all of the problems relating to crypto that could be solved by using blockchain almost nonexistent. Everyone trying to solve a problem and coming up with new project and now we're at the point where there's no problem left to solve thus many bad projects. There is a catch here, if a new project brings something new and fresh to the table it will surely catch attention and if it's use case is very useful the project will surely become successful, one thing about this days new projects is repetitive use cases, that's why many projects aren't successful today
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Kvalentine
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November 11, 2020, 08:56:38 AM |
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Ok I'm not buying the idea of giving new altcoins chances unless they are really really good, for example look at Avalanche team, you can easily judge this project as a promising project but let's keep that aside now, since 2018 over 3000 projects have come and go and what is there to be happy about if only 5 projects are really good out of 3000 projects? This isn't encouraging at all
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darkphoenix2610
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November 11, 2020, 09:13:42 AM |
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Yes, all projects can still deliver whether it is new or old. New projects can do that and they can even outperform the old ones, but we witnessed lots of new projects that failed to do so because of a lack of implementation and study about the project they want to propose. So in my point of view a BIG YES that new project can still deliver.
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DDante
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November 11, 2020, 09:21:53 AM |
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New projects can still delivers but be careful because not many will be like ChainLink, not many will be like Tezos or Aavax, many will still end up disappointing investors, don't put your eggs in one basket and also invest only what you can afford to lose, crypto can be very unpredictable at times.
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pedrillo0
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November 11, 2020, 09:28:01 AM |
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Out of many new projects there will always be rare gems amongst the crap ones, many said we've seen enough new projects so they should stop production, well thanks to nonstop new project productions we have this coins today and few make it to top 30
1. ChainLink #5 on coinmarketcap 2. Polkadot. # 8 on coinmarketcap 3. Uniswap # 31 on coinmarketcap 4. Aave. #29 on coinmarketcap 5. Synthetix. #38 on coinmarketcap
Still thinks that new projects have nothing new to offer? Think again
Very good observation! Now they need to last over time like BTC, ETH, LTC, XRP ... The legendaries... Just one more thing, Tezos is not new and is more than a year old ...
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Greatchu
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November 11, 2020, 10:19:58 AM |
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Many of us are here for the profits so we don't care if a coin reach a certain rank on coinmarketcap or not, either real project or scam project one can still make profits out of them before they go down or exit scam, I'm not a holder I'm a instant profit taker and I don't care
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Ken_terrance
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Making Smart Money Work
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November 11, 2020, 10:21:43 AM |
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Many of us are here for the profits so we don't care if a coin reach a certain rank on coinmarketcap or not, either real project or scam project one can still make profits out of them before they go down or exit scam, I'm not a holder I'm a instant profit taker and I don't care
True, many developers build their projects to make money just like investors too so they don't really care much about been the best of the best, investors are the ones that need to be smart and also take profits when there is one.
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ethereumhunter
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November 11, 2020, 10:28:10 AM |
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Okay, you gave 5 new projects that have the potential to increase, but we don't know for sure if that project can increase or not. Depend on the other projects, which is hundreds of the project out there, and it is very difficult to get the right one that will increase in the future. We can only guess without we know that will happens or not. But if you still want to invest in that project, you can do that, and I am sure that you can buy any new projects on that list anytime, especially if you want to buy it now while the price is still low.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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OasisDre
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November 11, 2020, 10:40:26 AM |
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Many of us are here for the profits so we don't care if a coin reach a certain rank on coinmarketcap or not, either real project or scam project one can still make profits out of them before they go down or exit scam, I'm not a holder I'm a instant profit taker and I don't care
True, many developers build their projects to make money just like investors too so they don't really care much about been the best of the best, investors are the ones that need to be smart and also take profits when there is one. Very good point make, I don't have to spend my energy looking for projects that will survive for long, crypto space projects gives opportunities either for short term or long term so I just grab any available opportunity and take some profits, many more useless projects will occur but that doesn't mean they won't bring good profits for those who know what they are doing
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Onuohakk
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November 11, 2020, 10:46:49 AM |
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What's affecting so many new projects not to attain their maximum altitude is the lack of funds. Investors are not forthcoming due to fear of scam projects hovering around the crypto sphere. It's kinda difficult to pinpoint a new project that will succeed during this global pandemic that has resulted in an economic meltdown globally
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posi
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November 11, 2020, 11:17:18 AM |
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The crypto community felt tired of new projects due to the increased in number of cryptocurrency scam circulating within the initial offering scheme which is also what leads to the KYC/AML introduced by the SEC despite the scam activities happening in new project it logical that there will always be some rare gems and thats the reason why investors are advised to improve their knowledge about crypto investment in other for them not to another victim. Out of many new projects there will always be rare gems amongst the crap ones, many said we've seen enough new projects so they should stop production, well thanks to nonstop new project productions we have this coins today and few make it to top 30
1. ChainLink #5 on coinmarketcap 2. Polkadot. # 8 on coinmarketcap 3. Uniswap # 31 on coinmarketcap 4. Aave. #29 on coinmarketcap 5. Synthetix. #38 on coinmarketcap
Uniswap shouldn't be considered as a new project mate.
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masterrex
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November 11, 2020, 11:42:56 AM |
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I think that's because those projects like Polkadot, Uniswap, Aave, Synthetix are lucky enough to experience the unprecedented "Defi hype wave" that sweeps through the entire Defi market, because if not? those projects that have a Defi banner will not grow that much. thanks to the Defi hype those platforms were able to reach their respective CMC rank now. but I feel sorry to those investors that have been a casualty of the recent Defi hype. I hope that they were just fine.
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GrayFullbuster
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November 11, 2020, 11:53:02 AM |
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There are new projects that have really potential but the thing is it is really hard to find those projects because 99% of the new projects are failing and only the 1% that are surviving where they are the one who patronize by the public. Those projects that you mention have really good product and good services and it is the reason why they are belong to the top 50 in terms of market capitalization even though they are just new projects. We should find new projects that have similar characteristics like those 5 projects that been mentioned in the main OP.
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memed97
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November 11, 2020, 12:30:22 PM |
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Of course, a new project can still deliver and can still perform the best. They can be even much better than the existing or old projects already. And this will depend on their intention of launching their project. We can see that's lots of new projects just come to raise funds and then run away.
Yes, but if we make a calculation between new projects that can give good results and those that don't, I think there are still many new projects that haven't been able to give good results for everyone this year, so in essence, it's a new project that useful only exists in a very small number, while the rest are new projects that are of no use at all.
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plvbob0070
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November 11, 2020, 12:50:41 PM |
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Of course new projects are still very promising but it's getting too hard to find the rare gems among the bad projects, it's like looking for a needle in the ocean, sometimes even promising projects failed, the best advice is always use diversification on so called promising projects and invest only what you can afford to lose, thanks for the nice post OP
Precisely, you will rarely identify a high-potential profit project that has a use case. Usually, recently developed projects end up as fake and scam. Also, we can’t make any certain assumptions about the market, so we can’t conclude the future of a project. Thus, it requires a thorough evaluation to understand the risk. Diversification is a good technique, especially in an unpredictable market, it reduces the risk and it offers more opportunities. Regardless, Polkadot seems to handle it well, as it maintains to be in the top 10. It has a lot of potential for a new project because it was able to keep up with old projects.
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CuriousGeorge
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KUWA.ai
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November 11, 2020, 01:14:06 PM |
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I don't even care with what those haters saying about the new cryptos. There were so many major cryptos have come from the new coins too. YFI, AVAX and so many promising coins have been giving me very huge return this year. I wonder how those people keep sayin if the new coins were scam coins. It's so complicated to understand what they were thinking about that. New promising coins and new huge return.
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Mauser
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November 11, 2020, 01:23:52 PM |
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Out of many new projects there will always be rare gems amongst the crap ones, many said we've seen enough new projects so they should stop production, well thanks to nonstop new project productions we have this coins today and few make it to top 30
1. ChainLink #5 on coinmarketcap 2. Polkadot. # 8 on coinmarketcap 3. Uniswap # 31 on coinmarketcap 4. Aave. #29 on coinmarketcap 5. Synthetix. #38 on coinmarketcap
Still thinks that new projects have nothing new to offer? Think again
I am glad to read that there are still new projects that are viable and offer a good return for the initial investors. Since the outbreak of corona I have cut back my investments in new projects and just focus on my old holdings. The only real trades I am doing at the moment is in bitcoins. Uniswap sounds very promising in my opinion and should be the first new coin I want to add to my wallet.
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Kupid002
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November 11, 2020, 01:27:04 PM |
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There are new projects that have really potential but the thing is it is really hard to find those projects because 99% of the new projects are failing and only the 1% that are surviving where they are the one who patronize by the public. Those projects that you mention have really good product and good services and it is the reason why they are belong to the top 50 in terms of market capitalization even though they are just new projects. We should find new projects that have similar characteristics like those 5 projects that been mentioned in the main OP.
Once you got invested in 1% it will surely give you a good profit when times come that they really develop what they are planning to do in the first day of project. You will be afraid of investing because there is only low chances that you will find a good project to invest .you need to do your own home work review everything you need to know about the project before you invest, its difficult but worth it if you find.
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goaldigger
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November 11, 2020, 01:35:59 PM |
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Out of many new projects there will always be rare gems amongst the crap ones, many said we've seen enough new projects so they should stop production, well thanks to nonstop new project productions we have this coins today and few make it to top 30
1. ChainLink #5 on coinmarketcap 2. Polkadot. # 8 on coinmarketcap 3. Uniswap # 31 on coinmarketcap 4. Aave. #29 on coinmarketcap 5. Synthetix. #38 on coinmarketcap
Still thinks that new projects have nothing new to offer? Think again
Those are not new project I guess and Chainlink is already here for almost 2 years now if I’m not mistaken. New projects are meant to introduce something new in the market because if they don’t, investors will not come to them. There’s an ICO, IEO and now DeFi, i wonder what’s the next big project to come in cryptomarket, we should be always open about this great new things because there’s still room for improvements.
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