Do you invest in new projects?

[globalpain]

I don't think this is the right time to think about investing into new project as we might enter bear market anytime and project may be paused or may not achieve desired result.

Apart from the market conditions it's bit difficult to select a genuine projects especially when so many whitepapers are reported for plagiarism and we have seen so many scams going on but one good project can make us much rich, I would suggest to check it in multiple forums. It's nothing short of gamble to invest into new projects

I agree on you. Investing in new projects will bring more risk and worst is, we might end up investing in scam projects. I think it will be better if we focus on the old and established coins for now because even if we are in tough times right now considering that the market becomes to look more bearish, i know those coins will always recover because their demands never lost. But for new projects, their value is not yet proven so there are no guarantees for them.

For new projects we need to look further because after all it is to ensure that the new project is completely free from scams,
Of course something like that can't be a guarantee but at least it can minimize the risk

[lienfaye]

hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

Many scam projects are existing nowadays and majority of them are newly launch. Its worth to invest if the project has potential and could be a gem, however its not going to be easy finding such project because even scam can look legit. Thats why we need to conduct an extensive research to find a hidden gem on new projects.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
Whitepaper: https://octafarm.fi/whitepaper.pdf
Website: https://octafarm.fi/

Just DYOR, thats how you'll get the answer.
Anyway this is your first post and it looks like you're just shilling the octafarm. So im thinking you're part of the team and just want to spread awareness here about your project.

[Pelana vreo]

When you invest and buy the chosen coin, then you have done your research before buying.
if you look at the website of this project, it looks good because it has been audited by Certik and 2 other audit platforms.
The supply of tokens is also large, I hope the price can last and a lot of investors come in.
keep an eye on the progress and progress of the project, because there will be many new projects competing for this project in the future.

[Fundamentals Of]

There are many scam projects. Majority of the projects are scams. The rest of those that are not scams are probably not going to gain much success because there's almost nothing new that new projects are offering. If they're offering new things, they're not really necessary in real life.

So if I were you I would rather use my money intended for this altcoin's investment to buy the top coins right now. The prices are cheaper. Bitcoin is way cheaper than its all time high. Ethereum is also cheap. Other top altcoins are also cheap. Go buy them and forget this new altcoin.

[Xinarae*]

In my opinion, new projects are scammed most of the time there are many good projects but not all of them work the same way. Therefore before buying new projects you have to determine the quality of the project if you want to invest, you have to take risks. Investors also need to be aware of the risks in advance, but bitcoin and ethereum are cheaper and more reliable than new projects there is no chance of these being scammed.

[Ngewex Yuk]

90% of my crypto assets are from new projects (still under 1 year), I never worry about spreading money on new projects because I do selective and long analysis, of course not all new projects can skyrocket in a short time, it takes a long time enough to prove to the public.

[Dr.Osh]

there will be new opportunities when investing in new projects. However, it should be realized that not all new projects have the same potential. in fact, if you are not careful, it can make you invest in the wrong place. So, always prioritize doing research before making an investment.

for the place of investment that you are interested in right now, I'm just looking at the general stuff on those investments. other than that, I see that there is no partnership working with this project. well, but that's just my opinion, but maybe someone else can see the potential in this project.

[coin-investor]

hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
Whitepaper: https://octafarm.fi/whitepaper.pdf
Website: https://octafarm.fi/

What do you see in this project that will look promising, HIGHEST AUTO COMPOUNDING POOLS UP TO 7,000%, Annual Yield is this realistic and sustainable although there is a certik certification there's no guaranty that what they promised will materialize, you mentioned the team looks professional I don't see any profile on the home page, the team is anonymous how did they become professional.
but that's your money if you think it will yield you profit, but only invest what you can afford to lose.

[MFahad]

Yes i am investing in sime new projects especially Metaverse and play 2 earn based projects. I joined one tekegram channel whose rising fund for new project and i invested in 2 projects yet.

[Anonylz]

...i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.

I do not understand what caused your interest in this coin, but I see that the promised listing of the coin on pancakeswap today has not yet begun due to lack of liquidity. Where did you see a professional team if there is no mention of them on the website and whitepaper? Obviously, you came here to shill this project, and you specifically registered in order to leave this message on the forum.

Thought i was not checking it well regarding the team, the op mentioned the team are professional so i checked both website and whitepaper and i can't find any info about the team yet, new projects like this are risky, especially the ones with no team details, as for listing, they have a pin post on their telegram group about listing on xt.com exchange, this doesn't look anything like what the op described, perhaps he is trying to shill or he is genuinely looking for suggestions, either way, i would not put money on this imo.

[Teraboy]

hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

You're actually joking with your statement. You are asking our opinion about the new project and you said that you feel worry to lose your money but you're promoting a garbage project like this. Don't you even think about that? Im aware about that and so many shit token shillers are doing this kind of trick as a part of their promotion.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.

Can you explain this? You're saying you didn't wanna lose your money but at the same time you wanna invest in a garbage project and i smell you're a part of their marketing strategy.
Oh years, you're doing a hit and run button. It's not even an amazing project. I would love to call that as almost shit scam token.

[Dan123456]

For me it is now all about projects with real utility and compliance with regulations, no more meme coins!

My top 3 Altcoins in my portfolio for 2022 right now are:

$UBT & http://Baseledger.net
Baseline Protocol is set to go mainstream in 2022, their mainnet launches this quarter along with staking and Nodes, also new exchange rumours and so on. Consensys and SAP amongst others are involved. A lot of info will drop before end of Jan about launch etc. Founding council members can be seen on Baseledger.Foundation and more will be joining.

$BLXM http://Bloxmove.com
Reinventing mobility, links to Daimler (think mercedes). Also has an LP mining programme, and single asset staking in Feb. Very strong team backing it and small mcap.

$MOVE http://viaMover.com
Supercharged DeFi Savings 100%+ APY + crypto debit card. Tiny market cap and rumours of big partnership with OlympusDao on the way. Strong pair of founders and a growing team and ecosystem. NFTs, web wallet, mobile wallet and so on. Fiat on and off ramps via IBAN.

DYOR

[RealMalatesta]

i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

i wanna invest in octafarm.fi and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.

What are the chances for this coin alone not to be turning as a scam in near future?
Who knows, already it might be scam or might have been launched with the intention of pump to lure investors and then to dump. So, it would be better if you explain why you choose this particular coin even you are aware of all about the scam frequency of this altcoin industry.

It is always been suggested at every nook and corner of this forum to choose bitcoin alone or prefer bitcoin for 80 to 90% of your capital and for the rest of capital, you may go for top and reputed altcoins. Definitely everyone must avoid all new projects by letting them grow on its own.

[robelneo]

hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

Investing in a new project is still worth it, in fact, I have a second set of portfolios exclusively for new coins, mostly play to earn coins, and blockchain-based projects, as long as you dig deep in the project and you will not feel depressed on the outcome of the project, I don't see any wrong investing in a new coin, it's great to be one of the early bird of one good project where you can make 1000% return after a few months or year of holding, just like what happens to Solana early birds.

[Kelvinid]

hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

Investing in a new project is still worth it, in fact, I have a second set of portfolios exclusively for new coins, mostly play to earn coins, and blockchain-based projects, as long as you dig deep in the project and you will not feel depressed on the outcome of the project, I don't see any wrong investing in a new coin, it's great to be one of the early bird of one good project where you can make 1000% return after a few months or year of holding, just like what happens to Solana early birds.

Wow, that is good for you mate. You'll be in success not by through luck, well, I guess not but it was because you've made the right choice of picking up legit projects over these thousand of new (fake) projects.

This can't be deniable since many people had made their way good to investing new projects and perhaps, I have made that also but, of course, it doesn't work always, sometimes we've got tricked. I've suffered some losses but still not the reason for not investing again, there are some new projects that are worth trusting.

[glendall]

sometimes new projects are good and some are scam I think, if you want to invest in new tokens, you should look for project details, more importantly if you are sure why ask other people, because other people's opinions will make you regret if you experience profit but you don't buy
loss when you buy but the coins you have zonk
and you have to remember that crypto transactions are mandatory DYOR

and currently I avoid investing in new projects, where market conditions are uncertain, and the goal is to reduce the minus of existing assets

[nurilham]

Personally, I have, but for now, I'm not because I'm not really sure about that. Maybe if there is a project that I think is good and the prospects are also good I will try it again. It's not a matter of profit or not but investing in a new project has a big risk too so we really have to choose it correctly. I am more interested in investing in coins that are certain and reliable to avoid things that are not desirable. But it all depends on each individual if you can choose a project with good prospects then it will certainly be very profitable later.

[Doell]

for now I'm not making room for new projects on my list ,waiting for the return of the old altcoins to be more precise ! the project the OP is referring to is also not that unique or awezing ,to be honest i'm not interested in defi farming which so far has fallen behind the trend !

[alpamar99]

Without the presence of new projects then I believe cryptocurrencies are dead, new projects provide innovative ideas and trends that benefit coins that have a strong market, investing in new projects is certainly very profitable but we have to be careful because many are scams.

I agree with what you said, maybe we didn't get to now when there really weren't that many new projects every day.
On the other hand, we also know that every project does not mean that the new project is shitcoin and contains all the hype, because there may be people who really want to make a good project, even though looking for a project like that is like looking for a needle in a haystack because there are so many waste projects. who really only wants to benefit the developer

[Haselh70]

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