Should we buy tokens for young projects?

[peter0425]

Developing projects are risky to invest in, the team usually looks for freelance programmers developers coders to help them finish the tasks. It is not going to be a big event but the sales procedure can take weeks if something goes wrong as not planned. Anyways it depends solely on your investment risk level, take it or leave it.

investing in new project is like finding a GEM in our time now, there are are only few that will bring good return in short time.
though there are long term good effect but of course if we are willing to take time in our investing.
so best to analyze deeper before getting inside so you wont blame yourself from being desperate to invest and earn but in the end will lose.

[michellee]

It is not too difficult to answer because you already know the answer. It is a big risk to invest in the projects that are just being developed because we do not know how good their team is to reach every phase of their master plan. Even if they say that they are many people who have high skills in the field, that does not mean they can work together as a team. You only need to watch close to that project and follow their news so if you think you got some "AHA", you can directly invest in their project. But if you do not get something from them, you should leave them and find the other projects.

[The Cryptovator]

For a few days, most of the posts in the altcoin section about CheckDot. I am not familiar with this project nor I am interested. But I am suspecting CheckDot somehow spamming on the forum. And users misusing the right of the "freedom of speech". Most likely all of the posts are paid.

Anyway, let's come to the point. Investing in a young or so-called developing project is high risk as we know. Almost 95 percent of projects are fake, a few of them skip with funds, and a few get listed on the exchange then skip. Only 5 percent of projects reach the goal that they had promised. Now imagine how difficult is to discover a legit project lately. So I do not support this kind of project. Just invest in an established or highly potential project where is less chance of getting scammed.

[NelfiNovita]

I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

We have to be careful if we want to invest in a project that is just developing because the project still requires a lot of funds to be a successful project, if the funds are not sufficient then the project is likely to be closed.
Now many new bounty projects are being announced but they can make their project successful so that the tokens they create become valuable on the exchange.
Investing in projects that are just starting will give us huge profits once their tokens are already listed on several exchanges.

[goldkingcoiner]

I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

I think it depends. Would I want to invest into something that has no track record or any kind of profits coming in? Perhaps, but only very very low amounts. The risk for failure is too great. I prefer Projects that have shown to be profitable and popular with the community. This is like 10% of all good projects, at the very most. So if you invest in 10 new projects that you deem very good, you might lose 90% of your investments. Too risky for me :/

[darmin]

I'm interested in seeing a lot of new projects. Many of these projects are very supportive and take advantage of the development of technology and blockchain. Indeed, this is risky but if you can be selective in filtering existing projects from teams, programs and road maps that can certainly determine the best project.

[Kez1817]

I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

Developing project is very risky to invest. Many new launch project nowadays are scams or fraud, so it necessary to do deep research about a certain project before investing to avoid losing your money. Sometimes, project has only good and attractive whitepaper and roadmap but no real use case. It's really difficult to find a genuine project to invest that's why always invest at your own risk and just invest the amount that you can afford to lose.

[SiNeReiNZzz]

I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

Basically, it is always good to invest in young up-and-coming projects with a vision and the right concept.
This is the only way that many projects can achieve their goals.

Unfortunately, as everywhere where money is involved, there is also a lot of fraud.
That is why it is essential to inform yourself sufficiently about the project you want to invest in.

You should also only invest in projects with which you are already involved and understanding the usability of the subject.

Investments are always associated with a certain risk.
That's why you should always keep an eye on everything in your portfolio.
Then you can also earn nice returns and additionally be a part of it if a project develops into something outstanding.

[dupee419]

Yes, but only to those projects who seem to be promising and here for the long-term, investing isn't easy and so as doing research to these projects, each project has their own goal and objective, risks are always there whenever we invest on projects, regardless if it's new or not.

[zonefloor]

definitely not investing in a project just because it's new. For this, the team should be evaluated first. Have they been involved in any projects before? If so, what kind of contribution and work did they have? These should definitely be considered. Apart from this, the area in which the project will operate and what kind of advantages it will have in that area should be taken into consideration. Finally, fomo movements should be followed. Usually in this market, even if the project is shit, it can show serious rises due to fomo. But you should know how to get out of such projects on time, otherwise it is inevitable that you will face rugpull.

[masterrex]

I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

Based on your OP title my answer is it depends on what kind of project, are we talking about if the project is good and has a true use case or in-demand services to offer why not? But if it was just a meme coin let us forget it it's not worthy I guess, Anyway, you mentioned the Checkdot project I'm already checked it and I think it is an interesting project to watch.  

[ahoenk]

If the token are usefull and has a clear roadmap i think you should buy it. But dont do all in and dont buy using your daily use money. Young project to be consider is NFT gaming project with clear roadmap.

[isaac_clarke22]

~

Say for example a new phone company just started releasing their brand new phone. Would you trust them your money for your safety of using the phone or even not being scammed?
It is not all about the teams sometimes, OP. It is all about the slow progression of the project itself. Consider in cryptos that there are exit scams. I recall Squid Game token even doing this, not sure if it was exit scam, but it is similar to it.

[Pejoh Asu]

I think young projects are more promising than old projects, they have a strong spirit and vision for the future so I always invest in new projects, of course not all new projects I buy, I am very selective in choosing which ones have the potential to skyrocket in the future.

[Snappycoco]

I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

Yeah why not. Its potentials are great but also higher risks. These coins have the potential to go to 10X easily within the first listing in good exchanges and sometimes goes beyond even more. I have been investing recently with new emerging projects like GOMT, TST and even Sovryn which bring a x10 return in the past few months.

[MAAManda]

isn't it too big a risk to invest in projects that are just being developed?

Yes!

On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future.

True, if you find a project that has a very good vision, it will make your investment a very good investment, but keep in mind that a good roadmap is not everything, every project wants to provide a good introduction to potential investors, therefore they would make a good roadmap for it. but in reality, not all projects are able to make the hopes of the roadmap come true.

By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

This token looks promising with its low supply, I saw on Coinmarketcap that CheckDot (CDT) only has 10 M max supply.

Do you invest in young and just starting projects?

Yes, i did, i made an investment on Catena X (CEX) Token, good project with strong fundamental for bridging purpose, this token already listed on Coinmarketcap and Coingecko, btw, to know more about this project you can visit their website or ANN Topic

[aseprebel]

I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

in my opinion, old or new projects all have risks as long as we are observant in reading a project, especially for projects that are running according to the roadmap and checkdot itself has been running in Q4 and indeed next year will develop the NFT market itself, hopefully this project can run successfully and investors will get even more

[dimonstration]

It is not too difficult to answer because you already know the answer. It is a big risk to invest in the projects that are just being developed because we do not know how good their team is to reach every phase of their master plan. Even if they say that they are many people who have high skills in the field, that does not mean they can work together as a team. You only need to watch close to that project and follow their news so if you think you got some "AHA", you can directly invest in their project. But if you do not get something from them, you should leave them and find the other projects.

Some projects are worth risking, provided the team have background as well if there are companies who will backup them when they need more funds for their project. It's really hard to trust nowadays that's why they must have smart teams who will ask help for people knowledgeable or who might be a help for them and they must guarantee the path or flow of their projects to make it a success. Buying not much token will not hurt us too much but if it's worth a try just make sure to be updated on its development and see if it's still worth having.

[Wahyuihib]

Actually no one can know whether the project is promising or not. but at least we can know from the concept and the team in it. If the team in it is genuine, of course we dare to invest, even if only in small amounts

[azhariejaya]

Most people now are buying tokens from young projects because of the hype and FOMO. Only a few are analyzing the projects they want to join. To answer your question. Yes, I also follow some tokens from young projects that I think have a good roadmap in the future.