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Author Topic: Just my one cent advice  (Read 1086 times)
Gosgosking
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July 18, 2022, 01:49:08 PM
 #81

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..
Best advice you can give anyone for investing in new projects is to tell the person to make research first before planning to make investment on these new projects.  You know new projects can be very risky you may lose all the money you are investing.
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July 18, 2022, 04:48:30 PM
 #82

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 would counter and say don't mix in new coins because 99% of them are scams or lazy attempts at a project at the very least.  Every bear cycle wipes out tons of these coins never to be seen from again.  Tread lightly with new projects raising millions of dollars

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July 18, 2022, 05:54:59 PM
 #83

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 Right now is not about looking for a new coin but getting the right project. There are different projects in the market now and we need to be caution about of these projects because they are mostly scam projects that will not last long in the market. We need to do delligent research before we buy any coin in the market because of the dip we are into now.

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July 18, 2022, 06:30:20 PM
 #84

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 sure about that? With hundreds of new coins/project that's coming out every now and then it's very hard to choose from it to mix with your portfolio. Those you have mentioned is not a guarantee as well, regardless of how much money this specific project has being poured with finances. It all depends if it sells to the investors. Lucky are those 2nd set of alts you have mentioned for making it to the top. However, it won't easy to find them in the early phase of their project.

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July 19, 2022, 06:58:55 AM
 #85

Indeed a piece of good advice, but finding new projects with much utility is way more difficult, and how to believe in any new projects that much early is also a concern.
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July 19, 2022, 11:09:51 AM
 #86

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..
This is dead on correct. That's why I sold 90% of my Ethereum for smaller cap L1s and L2s like CNDL and IMX. It will be easier for these projects to 100x than Ethereum because their market cap is much lower.
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July 19, 2022, 02:21:23 PM
 #87

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
Perhaps, next time it will be better to add symbols to the cryptos to enable anyone searching to easily identify them if there's no link. From the little search I did now, both projects aren't listed anywhere on coin sites; except I'm wrong?

That's why I sold 90% of my Ethereum for smaller cap L1s and L2s like CNDL and IMX. It will be easier for these projects to 100x than Ethereum because their market cap is much lower.
Yes, small cap tokens will easily give mouth watering ROIs than the top cap but what if these small cap tokens disappear into thin air overnight? It's the "what if" factor that makes shrewd investors stick to already established ones like Bitcoin and Ethereum. For them, playing with others is akin to gambling.

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July 19, 2022, 09:05:33 PM
 #88

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 sure about that? With hundreds of new coins/project that's coming out every now and then it's very hard to choose from it to mix with your portfolio. Those you have mentioned is not a guarantee as well, regardless of how much money this specific project has being poured with finances. It all depends if it sells to the investors. Lucky are those 2nd set of alts you have mentioned for making it to the top. However, it won't easy to find them in the early phase of their project.
This is true, there are way too many new projects and people will always have a hard time figuring out what they will do with them. I mean think about it, we are talking about a scenario where you will have to pick one good coin among 100 other bad ones, that would be very hard to do. I know it's not going to be impossible to handle, but it's not going to be something I would feel comfortable with.

Crypto is a very difficult thing if you go lower in the ranks to try to find an investment. I mean btc and eth are good for example and at least we know they are good and will be good, the more you scroll down the harder it gets and that's the trouble, we shouldn't really be focusing on that at all.

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July 19, 2022, 09:17:15 PM
 #89

Quote
Investing in new project in this bearish market conditions obviously risky although a new project which is strong enough in both technical and fundamental ways might be beneficial nevertheless I prefer to invest in already established altcoins for example Ethereum, Matic, XLM etc.

Investing on established altcoins has more confidence to achieve a huge amount of profits in future than new projects in the market. Old projects is more reliable in this bearish season than new projects that look like potential project that has what people want in the community but to scam people at the end of the project. I think, those established altcoins are more favourable to long term traders because their price is still looking good for investors to make a good profits from their trade in the market.

During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745
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July 20, 2022, 05:41:29 AM
 #90

It's normal for these to happen. New project won't stop coming and many projects also will die off. Its left to investors to do their due diligence and ration it out base on their findings and funds for investment. And also to be careful and not jump on every new project. That's why I said due diligence should be done.

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July 20, 2022, 10:14:39 AM
 #91

This is true, there are way too many new projects and people will always have a hard time figuring out what they will do with them. I mean think about it, we are talking about a scenario where you will have to pick one good coin among 100 other bad ones, that would be very hard to do. I know it's not going to be impossible to handle, but it's not going to be something I would feel comfortable with.

Crypto is a very difficult thing if you go lower in the ranks to try to find an investment. I mean btc and eth are good for example and at least we know they are good and will be good, the more you scroll down the harder it gets and that's the trouble, we shouldn't really be focusing on that at all.
And this is one of the factors that makes investing in the market of cryptocurrencies so challenging for everyone, each year thousands of coins are created and only a handful of them are worth your time, it is not possible to think that we can take a look at each one of those coins, so many people just take a look at a few coins and then they pick the one they think it is the best out of the bunch, meaning that selecting the right coin which will skyrocket is incredibly difficult as you need to select the coin out of a group of thousands, then you need to pick that coin as the best of the group you selected to study, you need to invest in it and to hold it until it gives the profits you were looking for and then sell at the top, and it is obvious only very small number of people can do all of those steps.
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July 20, 2022, 06:12:45 PM
 #92


During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745

It is necessary to check everything before investing to evaluate the potential of the coin.
Now cryptocurrency market started to recovery and many people hope that rise will continue.
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July 20, 2022, 07:16:28 PM
 #93

The truth about the crypto world is most of the projects are either barefaced copycats or just plain bullshit. That is how meme coins took over the space. So in a space of a year or two, many of these useless projects would bite the dust. And this demise would be hastened by the crypto winter
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July 21, 2022, 06:05:46 PM
 #94


During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745

It is necessary to check everything before investing to evaluate the potential of the coin.
Now cryptocurrency market started to recovery and many people hope that rise will continue.

It is hard to say how long the market will recovery. The condition of cryptocurrency market depends on the economic situation in the world and the economic crysis continue.
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July 21, 2022, 08:43:16 PM
 #95

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..
Yes, there will always be projects like that but sadly most of those projects are sh8t coins or meme coins. I don't know if those two projects you mentioned there are one of them. Only those who have the potential can replace the coins that are on top but you are right that it's not easy and it can take them lots of years because they need to gain the trust of the people first and also people are kinda loyal to those who are first and currently on top.

It's not easy for them to switch to a newer one but it's always possible for them to allocate something on those coins. What's with the young investors anyway? What about the old investors? I think this strat doesn't have an age requirement.

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July 22, 2022, 05:56:29 PM
 #96


During the fall of the market it is possible to buy tokens of new and prospective projects for the best price.
The most important is to evaluate the potential of the projects to understand how it is useful.
It is necessary to check what the project offers and how it is useful like this https://twitter.com/nugen_coin/status/1549285079624863745

It is hard to say how long the market will recovery. The condition of cryptocurrency market depends on the economic situation in the world and the economic crysis continue.

The economic situation in the world continue to be unstable, but cryptocurrency market started to rise.
It is hard to say how long the rise will continue but rise of the market will attract more attention to digital assets.
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July 22, 2022, 09:37:42 PM
 #97

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..
And let the newbies know too that there is more risk in new projects than old projects since they mostly developed from greed and selfish desires of their very own developers. That is why a lot of new projects these days end up as scams and some suddenly lose their value because they were not able to meet the market demand. Although not all new projects have the same fate, but it’s always good to take caution first before you end with regrets since you have invested in the wrong projects.

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July 22, 2022, 09:43:25 PM
 #98

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 are possibility that some altcoins that is created now can replace the current top altcoins in the next bull run. Some coins did it in the last bull run so the possibility of overlapping the old coins on the ranking is high. There are projects that are short lived and we should expect that the project that will replace the ranking will stay longer than the typical start up projects we see today. Analyzing the new projects now and investing on right projects would bring fortune to it's investors and holders just like what happened last bull market. I did some personal list of bright altcoins that can prosper on the next bull market. It's a small list of new concept and improved versions of old projects.
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July 22, 2022, 11:35:08 PM
 #99

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 project has great liquidity, there are many projects in 2018 that many investors don't know because the coin has not been listed on top exchanges, like MVL, this project is good and I continue to follow the progress, then Beyond protocol will soon do Mainnet, some of these projects look good and not many people know about. that

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July 23, 2022, 04:52:51 PM
 #100

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..


With all these new projects comes a flood of altcoins designed to be used as utility tokens to provide access to their platform. As of now, I can't say how many will succeed and how many will fail beyond a good whitepaper. maybe wait a few more months to see if your coin is listed or not. I don't think launching a new exchange will make any significant changes in the market.

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