Not all new Projects are bad, So take the Risk

[raidarksword]

Being in this crypto industry was already a risk and putting venture on new project is not that bad as well, as they say "high risk, high rewards". I am familiar of OKS Chain because I joined their bounty years ago and never had the chance to sold their tokens not until it was abandoned and left to die. There's always a chance to get a jackpot project because you can buy their tokens for a cheap price, its just have to DYOR before entering and take the gamble of it.

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[Ahli38]

  -   It cannot be denied that most new projects that appear in the cryptocurrency business industry are usually just scamming investors.

But we have tokenomics so that we can know if the project has potential or not, almost everything here on the tokenomics platform will let us know all the information of a new project in cryptocurrency.

Well, as long as we analyze carefully enough, starting from the utility and use case, dev background, owned partners, the project is running according to the roadmap, the team continues to actively respond and also continues to work hard to carry out the development needed and everything else related to the fundamentals of this new project. So from researching this alone it will be clear which new projects have potential and which do not. and indeed not all new projects are Scam. but most of them are Scam. but because this is an altcoin, what is more important is that we have to know when we have to enter and when we have to get out. don't get your hopes too high and keep your emotions under control.

[fzkto]

  -   It cannot be denied that most new projects that appear in the cryptocurrency business industry are usually just scamming investors.

But we have tokenomics so that we can know if the project has potential or not, almost everything here on the tokenomics platform will let us know all the information of a new project in cryptocurrency.

Well, as long as we analyze carefully enough, starting from the utility and use case, dev background, owned partners, the project is running according to the roadmap, the team continues to actively respond and also continues to work hard to carry out the development needed and everything else related to the fundamentals of this new project. So from researching this alone it will be clear which new projects have potential and which do not. and indeed not all new projects are Scam. but most of them are Scam. but because this is an altcoin, what is more important is that we have to know when we have to enter and when we have to get out. don't get your hopes too high and keep your emotions under control.

Probably the cardinal rule for any altcoin, to buy it at the outset, to sell it later at a profit and forget about it forever and not be tempted to buy it again. There are many good projects, but absolutely all of them have the same pumping and dumping scenarios. Roadmaps and developments can take years to complete, but it won't bring anything new to the table.

[Ahli38]

Well, as long as we analyze carefully enough, starting from the utility and use case, dev background, owned partners, the project is running according to the roadmap, the team continues to actively respond and also continues to work hard to carry out the development needed and everything else related to the fundamentals of this new project. So from researching this alone it will be clear which new projects have potential and which do not. and indeed not all new projects are Scam. but most of them are Scam. but because this is an altcoin, what is more important is that we have to know when we have to enter and when we have to get out. don't get your hopes too high and keep your emotions under control.

Probably the cardinal rule for any altcoin, to buy it at the outset, to sell it later at a profit and forget about it forever and not be tempted to buy it again. There are many good projects, but absolutely all of them have the same pumping and dumping scenarios. Roadmaps and developments can take years to complete, but it won't bring anything new to the table.

Well that's altcoins. and we are actually used to it. and many of us mention the method is called the Hit and Run method. that is, enter when the hype is about to occur and exit immediately when the hype reaches its peak. And most new projects do do the same thing which is pumping and dumping. created hype and was done. But there are also projects that are serious and good and continue to develop in a healthy way (not pumped). But such projects are rare and hard to find.

[mulia sabee]

I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good  example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.

There is no harm in taking risks now since the market is down and almost going dip. I hope everything will go upwardly soon since the market is a little bit ranging and I hope that the price will go up especially for Bitcoin so that other coins can take the same move soon. The are some projects that is going to make us a millionaires soon.

[Digital_Lord]

Participating in new project is good idea because by taking part you will have greater experience gain and also new projects arises for the benefits of participants. Not all the projects are scam but these project offers a greater sum of money in return. Checking on official website about the details of the project can help you to understand about the project and tokens so you will definitely familiar that this token is trustable or scam. See that the token which you want to buy is launches on which exchange whether its value is high or low. By enhancement of your experience you will properly manage your work and also you will become a good participants next time.

[Godday]

I have had experience with many new projects. And if I say honestly many of them are new projects. Maybe among hundreds of projects there are about one or two projects that are really good and worthy of collection. So far I have put my money in many baskets of projects and the result is 1 of the 7 projects is good and the rest is a bad project. This refers to how much the project generates and how many times they can make a profit for me. Those are the criteria I took to determine whether the project was good or not.

[topman21]

I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good  example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.

Many new projects have given people a lot of money. But very few people got it. I think most people lose a lot by investing in new projects. Some times it is seen that many people have invested in new projects but within 6 months to 1 year all their investments have gone to zero. So I would say new projects don't always make people rich sometimes they make people absolutely empty. So if you want to invest, you must invest wisely. So that you don't have to be destitute later.

[Epaper]

Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.

Investing in new projects is very risky but it's a risk worth taking. There every probability that it will fail and there's also every probability that it will be solid. Before investing in new projects, there should be backup research about the project, the moderators behind it and it's purpose in the space. Every project have their ultimate target and on of them is yields profits not just to themselves but also the investors inclusive. Any projects that only it's profits and beneficiary is only the the moderators is scammed because investors are the ones that push the project further.

For people who are new to the crypto world or have a large capital, there may not be anything wrong with trying to take the risk of investing in a new project in the hope of making a profit. But for me, who has invested in new projects several times, I no longer dig and look for new projects to invest in because from my experience no one gets any profit when investing in new projects. Therefore, I am more interested in investing in coins that have been tested and have strong fundamentals like ETH and BNB.

I agree, not all the projects are bad. It's about analyzing the projects and make sure they are transparent about their operation. I have staked BUSD in MYSTFinance for about 30 days now and been earning a solid 0.5% daily without any issues. Not promoting them and always #DYOR but just sharing a project I strongly feel about.

Of course, not all new projects are bad. but to be able to analyze projects and make sure they are transparent is very difficult because recently there have been many new projects offering good concepts and creating teams that appear to be transparent but in the end, they disappear after getting money from investors.

[moderator's note: consecutive posts merged]

[Unknown Op]

Investing in a new project can sometimes be profitable when you can find the right project and invest in the initial sale stage with a big discount and usually investors benefit once the project coin is listed on the market and the coin price increases beyond the initial offer price.

Generally: Big profit, big risk.

Investing in new ventures can be profitable but also involves risks. It is very important to do your research before investing any money. Factors to consider include project team experience, project purpose and unique value proposition, token economics, market demand, and project stage. Investing in new ventures does not guarantee returns, so it is important to diversify your investments and only invest what you can afford to lose.

I have had experience with many new projects. And if I say honestly many of them are new projects. Maybe among hundreds of projects there are about one or two projects that are really good and worthy of collection. So far I have put my money in many baskets of projects and the result is 1 of the 7 projects is good and the rest is a bad project. This refers to how much the project generates and how many times they can make a profit for me. Those are the criteria I took to determine whether the project was good or not.

Based on my experience, out of hundreds of new projects only a few are good and worth investing. I have invested in many projects and found that only 1 out of 7 is profitable for me. The criteria I used to evaluate projects was how much they earned and how often they made a profit for me.

[MinMan]

I agree, not all the projects are bad. It's about analyzing the projects and make sure they are transparent about their operation. I have staked BUSD in MYSTFinance for about 30 days now and been earning a solid 0.5% daily without any issues. Not promoting them and always #DYOR but just sharing a project I strongly feel about.

Of course, not all new projects are bad. but to be able to analyze projects and make sure they are transparent is very difficult because recently there have been many new projects offering good concepts and creating teams that appear to be transparent but in the end, they disappear after getting money from investors.

You got a point there buddy but I think all we can do to minimize those risks is to carefully monitor your new projects not only their price but everything that is related to them so that you can save something just in case the worse is going to occur.

It does not mean that researching is now bad but of course it was still a must to separate the bad from the good. Not all new projects are bad but it doesn't mean that we are now going to go for them. It will still be better to prioritize or stick only on the old projects preferably Bitcoin but if you are an altcoin lover, it must be Ethereum even though some people seem to have a problem with this coin.

[Fredomago]

I agree, not all the projects are bad. It's about analyzing the projects and make sure they are transparent about their operation. I have staked BUSD in MYSTFinance for about 30 days now and been earning a solid 0.5% daily without any issues. Not promoting them and always #DYOR but just sharing a project I strongly feel about.

Of course, not all new projects are bad. but to be able to analyze projects and make sure they are transparent is very difficult because recently there have been many new projects offering good concepts and creating teams that appear to be transparent but in the end, they disappear after getting money from investors.

You got a point there buddy but I think all we can do to minimize those risks is to carefully monitor your new projects not only their price but everything that is related to them so that you can save something just in case the worse is going to occur.

It does not mean that researching is now bad but of course it was still a must to separate the bad from the good. Not all new projects are bad but it doesn't mean that we are now going to go for them. It will still be better to prioritize or stick only on the old projects preferably Bitcoin but if you are an altcoin lover, it must be Ethereum even though some people seem to have a problem with this coin.

If you have some decent amount to spare with a new project, that's still considerable, we don't really know what fate is on us when we research and try to sort those new project and decided to invest our money, the best way is always place spare amount that you are willing to risk, whatever happen to your investment you will not be affected that much.

You can simply move on and try to explore to find assets that will bring you a decent amount of profits.

[S3300]

Being in this crypto industry was already a risk and putting venture on new project is not that bad as well, as they say "high risk, high rewards". I am familiar of OKS Chain because I joined their bounty years ago and never had the chance to sold their tokens not until it was abandoned and left to die. There's always a chance to get a jackpot project because you can buy their tokens for a cheap price, its just have to DYOR before entering and take the gamble of it.

You've learned the hard way, the chances that a new altcoin will do so well like BNB or Shiba inu is very low so it is much safer to always take profits in a Bull market, even if the project is very good like BNB or Bitcoin you still need to take profit simply because its Bull market, there is assurance that the value will dump after the Bears attack the market again, and in a Bear market you should be buying, also in a Bull market you should be selling.

[fvb]

Well, of course not every new project is doomed to fail or gonna be rug-pulled. But hundreds of coins pop up every day and most of them remain unknown. I'll stick to Bitcoin and a few altcoins that proved their safety.

indeed many new projects are popping up almost every day. and in one month it can even reach tens to hundreds. However, most of them actually ended up without completing the Roadmap and some paused ongoing projects. and most of all it is a fraud. but it is true that among the many emerging projects there are always projects with good potential. I've been keeping tabs on new projects that are still in the testnet stage like Sui lately. I think the project will have quite good potential like Aptos. DYOR. But still, all Altcoins do have a high risk, so we have to be careful. and indeed it is better to invest in Bitcoin and some altcoins that have proven to work well.

Not all projects are bad and I agree with this however, to find 1 of many even hundreds or more every day obviously this takes a long time and I probably don't want to do that to waste my time so I prefer not to get involved in this condition.
Even if some good projects are found it's like looking for a needle in a haystack. It exists but it is very difficult.

In my humble experience, finding really good projects takes a very long time. By the time you have done all the analysis and read a lot of information, you start to think whether it is worth investing in this new project. So invest a little or invest in top coins

[Jody.Drummer]

Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.

Investing in new projects is very risky but it's a risk worth taking. There every probability that it will fail and there's also every probability that it will be solid. Before investing in new projects, there should be backup research about the project, the moderators behind it and it's purpose in the space. Every project have their ultimate target and on of them is yields profits not just to themselves but also the investors inclusive. Any projects that only it's profits and beneficiary is only the the moderators is scammed because investors are the ones that push the project further.

For people who are new to the crypto world or have a large capital, there may not be anything wrong with trying to take the risk of investing in a new project in the hope of making a profit. But for me, who has invested in new projects several times, I no longer dig and look for new projects to invest in because from my experience no one gets any profit when investing in new projects. Therefore, I am more interested in investing in coins that have been tested and have strong fundamentals like ETH and BNB.

Each step taken is commensurate with the risks, such as investing in this new project. There will always be a risk and the difference may be whether the risk is low or not. Of course, investing in tested coins will be lower risk than investing in new projects where they are still doing a series of trials. Now we know many new projects are popping up and we don't know which project will be successful in the end. An in-depth analysis is something that must be done, but is it just an analysis of course not, because there are many factors that must be considered.

[kak uli]

I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good  example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.

in the name of investment, of course there are advantages and disadvantages, therefore, in my opinion, before investing in either a new project or an old project, we should take several steps, one of which is that we need to see the project with a picture of its future, or what we often call it is the project roadmap. besides that it is also important that we do an analysis and observe the project in progress, if some of these things have been considered then it is possible that the investment made will have minimal risk. I think this is what we need to look at every investment in a new project

[Furyes]

Totally agree, and I advise everyone to take part in the launch of the mysterious token, which will very soon change your idea of the crypto industry, join our group, and together we will go to the moon!
https://t.me/MysterylLaunch

[carrie_white]

not all new projects are bad and I agree with that statement, because according to my experience 1 out of 4 projects that I participate in is at least a good project and the others are mostly hit and run, putting our money in a new project like that is very risky, but also very profitable if we are right

[Jody.Drummer]

not all new projects are bad and I agree with that statement, because according to my experience 1 out of 4 projects that I participate in is at least a good project and the others are mostly hit and run, putting our money in a new project like that is very risky, but also very profitable if we are right

1 out of 4 happens when indeed you have searched and researched further because in essence it can be more. Even though in this case you are right when you say that not all new projects are bad, still most of them, even more so than we thought, the pattern is still the same as hit and run so indeed when looking for one we really have to and of course need time there.
In other conditions, talking about risk is actually a natural thing and of course we have to take it because indeed it is a certainty that exists if you want to do some experiments in a project like this.

[errorcode99]

Not all new projects are bad and having a good research about the project before making a venture is a wise decision to take minimal risk in this industry it is a wise decision because it is very volatile in crypto anything can happen in a day.