Not all new Projects are bad, So take the Risk

[virasog]

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.

Yes, some of the new projects are also good ones too but how will you differentiate between a good project and a scam project at an early stage like the ICO etc ?

It is not easy to distinguish between good and bad projects unless you wait for the project to be established but by that time the price of a good project is already very high so you might not be able to get the advantage of early investment. You might take risks with very limited money in new projects so in case the project turns into a scam you won't lose much.

[NewRanger]

Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects.  Because every loss you experience, no one will be responsible for it

loss will always occur in every investment and its be our obligation to manage it by doing research on every projects we want to buy. We now alot new projects was scam but it doesnt mean we generalize it , few of them atill have good quality. Just look at aptos which be viral due their airdrop now , they reach billions cap at first day.

[posi]

Recently, anyone interested in the new project Aptos? I see a lot of airdrop hunters and they have made huge profit from this APT. The highest price at which APT is listed is $50, meaning each airdrop participant will receive 150 APT equivalent to $7k5. This is a huge profit in this bear season. This is a new project that just hit the market and is invested by top VCs like Multicoin Capital, FTX Ventures and Coinbase Ventures...It can be said that not all new projects are bad and fraudulent, there are still many potential projects that we do not find and do not trust in the first place. I believe many people will not invest in APT because it is a new project, but when it becomes the 2nd solana and reaches 100$ everyone will rush to invest.

[romero121]

Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects.  Because every loss you experience, no one will be responsible for it

loss will always occur in every investment and its be our obligation to manage it by doing research on every projects we want to buy. We now alot new projects was scam but it doesnt mean we generalize it , few of them atill have good quality. Just look at aptos which be viral due their airdrop now , they reach billions cap at first day.

Not just because of the airdrop, they've got a good product and that's the reason it gained importance. Over time the airdrop helped them reach good number of users and have better liquidity in the short time. There are projects that are found good, but lacks promotion, update, and listing on Exchanges.

Whenever an investment is made over new projects, we need to allocate the fund as that we've lost. This mentality will let us not go upset even if the expectation isn't fulfilled. Lucky if the growth happens good.

[ultrloa]

Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects.  Because every loss you experience, no one will be responsible for it

loss will always occur in every investment and its be our obligation to manage it by doing research on every projects we want to buy. We now alot new projects was scam but it doesnt mean we generalize it , few of them atill have good quality. Just look at aptos which be viral due their airdrop now , they reach billions cap at first day.

Not just because of the airdrop, they've got a good product and that's the reason it gained importance. Over time the airdrop helped them reach good number of users and have better liquidity in the short time. There are projects that are found good, but lacks promotion, update, and listing on Exchanges.

The reason why they do a airdrop its because they want their project to be notice by vast majority of crowd and also by doing airdrop they can create hype so people would buy their token once this is listed on exchange.

See those people receiving airdrop they are posting that they earn and for that those people who didn't receive will think that they can earn if they also buy it.

[FanEagle]

This type of "do it" advises are always a big risk and a big ask. I would never tell anyone to do something, I can share with people what I am doing, which is just buying good coins and holding them for a few years, but I would never tell people "buy bitcoin as much as you can and hold it for 10 years", that's a risk and if bitcoin price drops then even if just a single person bought because of me, I am putting them in danger.

It's better to say what you do, and if you do that and profit that's great, because you are providing proof that it's your own money and nobody elses, but if you tell others, you are putting their money in danger without needing to do that.

[fzkto]

Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects.  Because every loss you experience, no one will be responsible for it

loss will always occur in every investment and its be our obligation to manage it by doing research on every projects we want to buy. We now alot new projects was scam but it doesnt mean we generalize it , few of them atill have good quality. Just look at aptos which be viral due their airdrop now , they reach billions cap at first day.

It seems to me that you should do a good audit before investing in new projects. Or there is another way, such as investing in IEO projects when the price has fallen below the selling price. For example, the first IEO projects that launched on Binance now have a much higher value than when they were launched. But patience is also an important factor here. If you are willing to wait a few years and ignore the bear market, you will wait for success.

[South Park]

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.

Your experience is irrelevant, you are just being lucky and nothing more, you said that you have invested in a new project and made 50x your investment so I have a question for you, where do you think that money actually came from? Did you think that money simply appeared in your account and everyone can get the same results? Because that is not true, in order for you to obtain so much money many people lost theirs in a matter of months, but you are not interested in them at all because you were lucky enough to win, but if you keep doing that eventually you are going to lose your money too.

[blockman]

Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects.  Because every loss you experience, no one will be responsible for it

And the risk there are many of them are scams and that's why many are off already investing in new projects.
But if you're still optimistic looking at them, that's your personal choice but you should be aware of the risk that you're going to take when you're always into new projects.
I have no luck in new projects based on my experience in investing into those.

[Jamie the Best]

Of course, not, case by case. That is why I never forget the golden crypto rule: do your own research on any coin you put your eye on. Let’s take Aptos (APT), which has launched recently. The launch was so messy: the project hadn’t released tokenomics until the Twitter community put pressure (three hours before the mainnet!); the tokenomics appeared to be a disappointment because too many coins were promised to a team and too few to holders; at the last minute, they asked Binance to postpone their listing (but Binance couldn’t do it, too late); plus the declared TPS (160.000) appeared to be an empty word (4 TPS on the launch day). The day after the launch, the token was down 50%. Seems awkward to me, especially for a project founded by former Meta employees and backed by Binance, FTX, a16z…
If I considered this project for investing, probably the tokenomics “secrecy” would alert me.

[fuguebtc]

Yes.. indeed there is no saying not to invest in new projects. However, because trading cryptocurrencies is very risky, you should be careful when investing in new projects.  Because every loss you experience, no one will be responsible for it

loss will always occur in every investment and its be our obligation to manage it by doing research on every projects we want to buy. We now alot new projects was scam but it doesnt mean we generalize it , few of them atill have good quality. Just look at aptos which be viral due their airdrop now , they reach billions cap at first day.

Not just because of the airdrop, they've got a good product and that's the reason it gained importance. Over time the airdrop helped them reach good number of users and have better liquidity in the short time. There are projects that are found good, but lacks promotion, update, and listing on Exchanges.

The reason why they do a airdrop its because they want their project to be notice by vast majority of crowd and also by doing airdrop they can create hype so people would buy their token once this is listed on exchange.

See those people receiving airdrop they are posting that they earn and for that those people who didn't receive will think that they can earn if they also buy it.

It's really a very good form of marketing, the ATH that aptos achieved right after listing is $ 50, it can be said that aptos has succeeded in marketing its project by airdrop. They do not have public sales because they have previously raised hundreds of millions of dollars from large investment funds in the market. I joined their testnet and also got the reward but to be honest they are very successful in promoting their project but the project is still full of bugs and not as perfect as they claim. The new project still has many points that cannot be compared with the old project. Over time, without repair, they cannot be as competitive and sustainable as older projects.

[virasisog]

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.

That advice is a nice advice because no newbie I supposed to invest in new projects that many people don't know about investing in new project is like someone who is deeping it money into a water, so newbies are supposed to make a research before investing their money in any new project so therefore they are supposed also invest in original or existing project so that they are money won't be lost

It's not that investing in new projects is bad but you also have to be skeptical and knowledgeable that lots of new projects nowadays are only made to scam people so you have to do a continuous research. As a newbie, it's better to stick on well-established coins first rather than in new projects who still have a weak resistance towards the market condition.
There are still potential new projects but you must check every single detail about their future plans as well as the team behind them to see if they're reputable and would have a good future.
It's fine to be a risk-taker but you should also be careful.

[evichi]

Obviously not all new projects are bad, the old successful projects were once new projects. I think the emphasis is on the level of risk. Experience, they say, is the best teacher. When new projects are launched, the question is - how many of them become successful with time? The high rate of scam and rug pull read about/experienced in most recent new projects, IMO, is the reason for the advise regarding investment. At the end of the day, the investor is the one who loses and when such happens you remember you have been told. Some new projects are good but you have to tread with caution, exercise due diligence, research properly before delving in, but note that overall success rate for in most recent new projects, IMO, is low.

[capedbaldy]

There are still potential new projects but you must check every single detail about their future plans as well as the team behind them to see if they're reputable and would have a good future.
It's fine to be a risk-taker but you should also be careful.

Even though we have checked the details of the new project but there is no guarantee that the new project will survive for long term development, it is very risky to invest in new project and some analysis of the new project is only feasible for short term profit. For me just to take profit after hype and convert profit to top coin.

[Mahanton]

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.

That advice is a nice advice because no newbie I supposed to invest in new projects that many people don't know about investing in new project is like someone who is deeping it money into a water, so newbies are supposed to make a research before investing their money in any new project so therefore they are supposed also invest in original or existing project so that they are money won't be lost

It's not that investing in new projects is bad but you also have to be skeptical and knowledgeable that lots of new projects nowadays are only made to scam people so you have to do a continuous research. As a newbie, it's better to stick on well-established coins first rather than in new projects who still have a weak resistance towards the market condition.
There are still potential new projects but you must check every single detail about their future plans as well as the team behind them to see if they're reputable and would have a good future.
It's fine to be a risk-taker but you should also be careful.

Do your research all the time when you do tend to make investment here on crypto space.Its true that there are indeed hidden gems which you could really potentially able to invest but its not an assured thing that you could
profit out.It would be always depending or varying on depending on recognition because there are good projects which do remain out on low ranks or doesnt really get that much attention compared into those shit projects
which had been hyped up thats why we should really be that careful on selecting which project we would be investing on.
Taking risk or simply risk management would definitely be depending on you.

[borovichok]

Even though we have checked the details of the new project but there is no guarantee that the new project will survive for long term development, it is very risky to invest in new project and some analysis of the new project is only feasible for short term profit. For me just to take profit after hype and convert profit to top coin.

Investing in new projects mainly needs time to examine the project those behind it and purpose and duration for the project. One getting faster to find the right projects which will make him lose money are easily found these days. During the day and low claiming people money. For a successful projects, there must be hard work combined with discipline and people running it will have ultimate target. Concerning not all new projects are bad, take the risks, one must be extremely careful not to fall victim and hope getting the best side of life with trading crypto at ease.

[dlightag]

Cryptocurrency investment has to do with risk, which is taken the highest risk is when investing in initial coin offering (ICO) at that point anything can happen in time's, which has not come any exchange. And not all project that end up as scammed, take the risk and invest, after taking research.

[Natalim]

Cryptocurrency investment has to do with risk, which is taken the highest risk is when investing in initial coin offering (ICO) at that point anything can happen in time's, which has not come any exchange. And not all project that end up as scammed, take the risk and invest, after taking research.

I remember these ICO days when many people got a good profit from joining them but their time was over already. I have already been skeptical of new ICO these days knowing that most of them are scams, even IEO. Well, research is the best way to avoid losses due to investing in fake/scam projects but most of all, we also have to know how to control our greed as we see that many new projects are offering huge rewards when investing in them. This is one reason why we still fall into their traps despite the thing that we know it was a scam but somewhat we have been pushed by our greediness.

[Luffygroove]

I agree with you that there is greater potential for profit in new ventures for those novices who are willing to learn and take a little more risk than other novices. Of course, not every greenhorn will be successful. This is merely a friendly caution before making the decision. If they want it, they will take it. In this case, I believe that prudent risk management is crucial. The degree to which you are prepared to accept risks when working on novel endeavors. And I agree, you should never be afraid to cash out when things are looking well. Do not be avaricious. Mastery of one's emotions is also crucial.

This assertion, however, is one with which I disagree.

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.

Because given the volatility of the cryptocurrency market, I believe that risk management is of the utmost importance. Warning: Binance's BNB (BEP2) and BEP20 are centralized technologies. You must not be caught off guard.

[vanesha]

not all, but most of them have difficulty developing with extreme market conditions and the difficulty of entering the market due to large listing costs. this is what makes a new project almost no one believes, the only thing they can do is make the unbelievers come to believe but for investors this is gambling.