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Author Topic: Just my one cent advice  (Read 1086 times)
antsam
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July 01, 2022, 02:13:51 AM
 #21

The millions of dollars raised are no guarantee that the project will grow big and popular, as there have been several examples of such but not being successful. The consistency of the roadmap and the fundamentals of the project will lead to its popularity and to replace the top altcoin position will require a huge effort from new players but it is very possible
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July 01, 2022, 03:43:07 AM
 #22

I've seen a lot of new projects that can raise a lot of money in the beginning, but on the way the market continues to decline, either it's run out of hype or the developer has left and is trying to make new ones again to get double the quick profits. it is better for a bear market now to buy altcoins that have been around for a long time than having to buy altcoins that have not been tested in the market.
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July 01, 2022, 03:48:54 AM
 #23

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
In my opinion, for 2022, many investors have become victims of new projects, so we really have to see if new projects have the potential or not.

I think we will return to old projects, such as Polkadot, Matic which was victorious at that time.

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July 01, 2022, 04:13:12 AM
 #24

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
So what are you suggesting here? Shilling for Mohash and Dynamic or are you saying that we should gamble with those new projects. You pointed like 3 projects that were successful out of hundreds of different projects that emerged during 2018/2019. So yeah, I wouldn't suggest young investors to find new projects and mix it with their portfolio. Like I am sure 95% of those coins will fail and they will end up making a huge loss.

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July 01, 2022, 04:24:21 AM
 #25

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

Big projects are certainly definitely new and difficult to convince investors, but after proven performance increases, many are sorry because they are not investment when low prices, even I know Doge, ETH, BNB, Shiba and so on, at that time advertised with massive but did not take any action And now skyrocketed hundreds or even thousands of times.

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July 01, 2022, 04:49:52 AM
 #26

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

That's a piece of good advice and to add more to it, I think one that has a low investment opportunity is the good one and the best thing to do about those tokens or coins is to hold them for years. After about 3-4 years if the project is real and they successfully launched and apply their plans in their roadmaps, then their coins will be multiplied just like the top coins we have in the crypto market right now. That requires time and motivation because finding such a project is rare and it will be easy when you choose to invest your time first and after that your money.

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July 01, 2022, 10:36:35 AM
 #27

...remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

This is the most difficult thing in investing, to find a coin that, after a bear market, will bring profit to the investor in the hundreds, and sometimes thousands of percent. There are no friends of mine who invested in Matic, Polkadot and Avalanche and would have made a big profit, but there are many who invested in shit and lost their money.

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July 01, 2022, 10:53:56 AM
 #28

Do you have any resources for the two projects you said? All I saw were these links. I'm unsure if they are related to what you posted.

https://coinmarketcap.com/currencies/dynamic/

And I can't even find anything with mohash. Lol. Can you send or post some links?
I too seriously hope that that is not one of the projects OP was talking about.
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If people are passing judgment based on just a day's price action then they will always miss the bigger picture of where a project truly stands this is why regardless of where Bitcoins price is today, look at the whole price chat to appreciate where Bitcoin is actually headed.
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July 01, 2022, 11:00:58 AM
 #29

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
The problem now is that not many new projects are popping up and even if there are it won't be the same as Matic, Polkadot, Avalnache when they were new projects in 2018 and 2019, so think again before suggesting all this to a lot of young investors because they will be disappointed more quickly when suffered a loss on their investment.

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July 01, 2022, 01:14:24 PM
 #30

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
They are coming fast but ended fast as well.
In fact, I wasn't new to this kind of market motion, not only 1 or 2 but countless new projects created and roaming around. However, it was too unfortunate that the majority of them are even worthless, some have been used to scam innocent people. And those projects that you have mentioned are among them.

It may be you have an idea why many investors disregard new projects, it perhaps they are not worth trying during this time.

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July 01, 2022, 01:14:37 PM
 #31

If you have to invest in new altcoins make sure they introduce something meaningful and rare, new projects this days are just copying one another and making fast money out of them, now that we are entering a recession zone even more money-grabbing projects will show up, be careful and good luck.

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July 01, 2022, 01:20:36 PM
 #32

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

Keep your one cent advice because this is nonsense. Inflation and downtrend is waving already while you are trying to say is to invest on project that will start from scratch then assume that it will replaced those blockchain project that already have a established community and blockchain? This is delusional and 90% of this new project that aims to bring down existing giant blockchain company will surely gonna slowly rug investors after they get money.

I don't see the point why dodging old and established blockchains while they have already a working product while risking on new blockchain project that will start from scratch.

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July 01, 2022, 03:36:58 PM
 #33

Yes, it's bound to happen. this is the cryptocurrency cycle. he who is of great value will be high in the cryptocurrency world rankings. it doesn't matter even if they are old coins that used to be very trusted, because here they have financial freedom they can freely change the project place to invest. We as small traders only make a small profit from here.

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July 01, 2022, 04:04:05 PM
 #34

I doubt that because we're in a market situation where new projects usually don't survive. The coins that you have mentioned were strong enough to surpass the previous bear market situations. Also, investors nowadays prefer risking on coins that are well established and have a stronger foundation, and could resist the bear season.
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July 01, 2022, 04:15:18 PM
 #35

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example,
They're just at the beginning and you'll never know what's next. Yeah, there are still projects that can manage to raise millions of dollars. But, that doesn't mean that they're already successful. Well, the first phase is but we don't know if the actual project will be the same as the first phase.

I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
That's always the cycle but it's still better to get and lean on those established projects already.

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July 01, 2022, 05:50:27 PM
 #36

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

I certainly agree with your suggestion.  We should always look for a promising new project to invest in.  Pioneers or the first one to hop in a promising project always gets the best pie of the rewards.  But there should be things to consider before investing because new projects also have great risks attached to them.

According to this article[1] we should consider the following:

  • Understanding Crypto Fundamentals
  • Project Website and Social Media
  • The Team
  • White Paper and Road Map
  • Major Investors
  • The Community
  • Circulating, Total, and Max Supply
Details explains on the link below.



[1] https://time.com/nextadvisor/investing/cryptocurrency/how-to-evaluate-any-crypto-coins-potential/

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July 01, 2022, 07:23:40 PM
 #37

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..

You may be right to some extent, because in the long run it's true that markets are unpredictable, however there is much less uncertainty when you have the support of an established project and have a better idea of how it's going to develop.!!!Due to the fact that we are in a bearish market, your suggestion is quite understandable. However, since there are fundamental coins out there with a good foundation, I doubt that the projects you've mentioned would survive in this situation.
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July 01, 2022, 07:41:34 PM
 #38

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
There will always be new projects that will come to replace those old ones, but the question is are they reliable or not? Because as most have seen in the current market, new projects were not able to sustain their high value and eventually get doomed when there is a big crash in the market. The reason why wise investors are not tempted to invest in new projects, because those old and established altcoins are still worthy to keep and hold.

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July 01, 2022, 08:58:42 PM
 #39

Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example,
They're just at the beginning and you'll never know what's next. Yeah, there are still projects that can manage to raise millions of dollars. But, that doesn't mean that they're already successful. Well, the first phase is but we don't know if the actual project will be the same as the first phase.
Raising millions of dollars means they are connected, it doesn't say anything about anyone at all. How? Well, let me put it this way, if you give me 50k today, and arrange friendship with a few big launchpads and a few exchanges, I am done, you will see me raising 10+ million dollars easily.

I will simply use that 50k on marketing, get myself on the biggest and greatest launchpads and not just one, I would do like 5 of them on each different week, and then I will be listed on a good exchange. Of course not many have this kind of connection, but if you do, and you can? Then you would be easily getting those millions of dollars without even having a good product.

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July 01, 2022, 09:47:00 PM
 #40

This advice is only partly correct. Certainly new projects are much more attractive and potentially more profitable than those that have long been on the market. Projects from 2-3 years ago have already shown their best returns for the first investors and now grow not as fast as before, unlike new projects. But you should not forget that you should not form your altcoin investment portfolio from just new projects because you never know what price values they may fall to because they have not yet formed a fundamental support, unlike the old projects.

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