Need Suggestions About Investment in new projects

[Jonathan105]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

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[dbshck]

I don't see how the token ($QUIZ) can have any value. It'll be distributed as quest rewards, staking rewards, bounty, airdrop, etc. but no mention of how they will generate demand for the token. Unless there's some mechanic to create demand for the token and earning for the platform, it looks like another valueless cash-grab 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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

Amazing and unique, these are some of the words I hear from the telegram groups where I got invited to check their project, these are the most used words in altcoin investing it may look promising but in the long run, these projects lose their steam because it lives on hype and the developers are not really that dedicated to sustaining their project, they already got the money so they left the project until it dies down.

My advice is to dig deep and compare to other similar projects that die down.

[cryptoaddictchie]

I wanna invest in quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

The description and your basis of those words are really quite confusing. From the website itself, Id rather stay away and has no fundamental use case for their project. One thing to look for when investing is their product or any worth at all and look on the bigger picture, does it have some useful or very unique utility on their end? Like dbshck said, its token will served as reward. Try to check whether they have some sort of usable feature that will create buyers when this goes to market and reason for them why they should buy this.

[Jody.Drummer]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

Amazing and unique, these are some of the words I hear from the telegram groups where I got invited to check their project, these are the most used words in altcoin investing it may look promising but in the long run, these projects lose their steam because it lives on hype and the developers are not really that dedicated to sustaining their project, they already got the money so they left the project until it dies down.

My advice is to dig deep and compare to other similar projects that die down.

It's true, there have been many new projects that I have found wrapped in sweet words like the ones we hear today. Don't be hypnotized by words like that, because everyone can brag. I'm not going to say it's worth it or not, because investing in a new project isn't just about whether it's worth it or not. Because a very strong mentality is needed here, we need readiness when developers take our money away. Answering whether it is feasible or not, it comes back to us, are we ready for a higher risk, in the sense of losing money?

[cafee_orange]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

Risk will be everywhere in this type of investment, do you dare to take the risk that will be faced with you and of course the risk is losing your money. but the risk will befall you if you do not carefully choose the project. I think investing in new projects should be okay for you to do, but don't fully put your money there.

[MAAManda]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

I've seen the whole whitepaper of this project, nothing special there, do you want to invest in a project that just dumps their tokens for free to people in EU? Instead of doing something like that, it's better for you to donate your money to a charity. Apart from that they will be doing their token sale on Pinksale, this platform is a platform that has been blacklisted by me for purchasing early tokens. It's enough, mate. Don't waste your time and your money investing in projects that have no potential.

[Bobrox]

Nice ideas when promoting some new coins project did by OP between asking about potential or not with new coins https://quizbox.finance/ or he tries to promote with this project here. I checked this coin still on pre sale and launchpad at Pinksale, there are depend on your hand looking for how interested or potential with this coins or not. But when joining with launchpad or presale coins on Pinksale need to check how rule adopt with pre sale, will the costumer earn 100% coins or need vesting few percent every month.

Second option is not worth because can't guarantee with this project keep exist for long term, if OP excited with this coin need get 100% launchpad coin on Pinksale without vesting yet.

[Jackl87]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,
Website: https://quizbox.finance/

I have never heard of that project before so i don't really know to much about it obviously but i just took a quick look at their website and i have to say, that i personally would definitely not invest into that project. First of all, as others already said, i don't really see where their tokens is needed or where the demand for the token would be created. That you get free tokens for doing the quiz is a fact that only will devaluate the token even more.

Also i see that their are listing Binance as their backers and i am 99% sure, that they are not really backed by Binance at all. Probably they are just using the BNB chain as their blockchain. So to say that Binance is a backer is a very shady move and that alone should be a big red flag to everyone.

[BIT-BENDER]

Looks can be deceiving, infact the point of them having a website, white paper and all is for them to make themselves appear real to intending customers, most new projects employ capable hands to make up the project to seem profitable and even futuristic.


The truth is that when a projects white paper looks too real to be true make sure to even go further in your research, the chances of that project being a scam is high especially if it doesn’t have an concrete positive reviews.

[Raflesia]

You want to invest here, then do it if you really think this is something unique and you can still be there.
I think that's fine with that but when it comes to advice then I think you better stay away from it.
It's not a matter of not needing profit or hindering the intentions you have planned, but in this condition the result will be the same as some of the projects that have existed before. maybe for the hype and the initial increase it's still possible it's just that this won't last long I think.

[goaldigger]

How can you tell its an amazing project and a unique one? What’s your basis for this?
Anyway, investing on a new project for a beginner might not be ideal because of its risk and because of some projects are scam as well. If you want to be more safe then invest with Bitcoin first and invest with the top altcoins while you are still learning. New projects doesn’t mean a good investment, you have to choose wisely.

[Yamifoud]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

Don't get enticed by their promising look and words from the owner of any projects but tried to know deeper just to see the real thing about the project.
You are right, most of these new projects are scams and it is possible that #QUIZ is one of those projects. We are not sure this time but I was having a doubt about this project and felt the huge risk of investing in this.

I'd suggest you to better consider those projects that already have a working product just to assure that it was not a scam rather than spending some amount on something new that is prone to scams. Many AI projects had come out and so we must be careful when choosing them.

[DoublerHunter]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Website: https://quizbox.finance/

^This is not good, you should not ask for financial advice from anyone else, you must have your own research.
It is good to take a thoughtful and strategic approach when investing in new projects. Here are my personal factors that can give you an insight into investing new project, you can increase your chances of success and make informed decisions about where to put your money.
First, before investing in any project, it is important to determine your risk tolerance. If you are willing to take on higher risk for potentially higher returns, then you may be comfortable investing in newer or more experimental projects. However, if you prefer a more conservative approach, you may want to consider established projects that have a track record of success. Because for me, investing in a new project seem to like are gambling your money. I don't know quizbox but if it is new, you should be aware by now of what I suggested above.

[Psynthax]

it doesn't seem like coin that have real utilities and gonna have place whatsoever, I don't think investing in that coin will yield good results.
try finding projects that are supported by big investment firm and venture capital so that you can be sure you're investing in the right place, after all investing in random projects might get you losing your money.
apparently, there has been many projects that have unique concept but fail miserably because they're not that practical.

[asriloni]

It's another scam project my friend. quizbox claimed to be backed by binance but i never heard that if binance even announcing it. It's another false claim that already made by scammer behind that project. Don't be fooled by stupid evelopers who have used binance's name to create false claim.

Binance was mostly backing the new project through binancelabs. That means if it's a fake claim. I have marked it as a scam project.



Look at that. How that scam project was also making another false claim. I have been browsing some apps named quizboxes and these apps have only 50 - 1000 times download.

1.3 millions monthly active users were just fake

[wxa7115]

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 quizbox.finance and this project looks really amazing and unique. what you guys think about this.
I need suggestions,

Could you be more specific? What makes this project that amazing that you find yourself being tempted to invest in it when most people do not even know that such a project even existed?

Stop wasting your time with developers and their coins which make a lot of promises but at the end they scam you, after all you should know better as you are not really a newbie anymore and you have more than one year of experience on this market to still believe those altcoins have the potential they claim to have.

[Mr. Magkaisa]

    -    Investing in a new projects will always depends on how you investigate or research it. If you know the right procedure and tools to find out if the project has a real potentials, I could say that you can able to choose the best investment here in cryptocurrency but if not your capital will be turn only in loss for sure in the end.

But if I were you must focus in learning for awhile here in this field of crypto space. And you must always be cautious in investing in a new projects too.

[ethereumhunter]

If you are hesitant to invest in a new project, you shouldn't try it because it requires in-depth research and a long time to find. You should find more info about the project you want.

I've never heard of the project and as I said, you should find out more about the project so you can make the right decision. And be careful with this because we don't know if the project will develop well or if it will become a scam in the future.

[Dr.Osh]

I suggest investing in big coins like bitcoin, ethereum or bnb. or, if you really believe in this project, you just need to invest in this project. however, based on what many people have suggested, there is nothing special about this project, and it is not recommended to invest. there are still many things that need to be corrected from the project. so, it would be better to invest in popular coins with large volumes.