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Author Topic: Is the market still profitable for new projects?  (Read 755 times)
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August 08, 2023, 05:33:27 AM
 #1

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
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August 08, 2023, 08:44:11 AM
Last edit: August 08, 2023, 08:59:19 AM by dothebeats
 #2

The market will continue to grow. As technology evolves, people will come up with new ideas for products and services to offer and sell. However, this does not mean that the market will not be profitable for new projects. It still is for as long as you know how to sell your products and attract your target clients and customers. It all comes down to how competitive you are.

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August 08, 2023, 08:57:50 AM
 #3

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

If you ask like that, it means that you also have to look at what actions each new project is currently taking in order to bring benefits to themselves. Because the problem is whether or not a new project or company is still profitable in current conditions really depends on their respective strategies in terms of making their own project or company more attractive when viewed by many investors.

Companies or new projects must also be able to see the opportunities that exist in the market so that they can make products that are most liked by many people in order to get better marketing. Because it is not easy to make a new product that is very popular and beat old products that are already in demand is not easy in the current conditions, so any company or project party must do its best to make products that are more attractive and have better benefits so that they can beat the others with more marketing.

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August 08, 2023, 09:26:37 AM
 #4

No matter how highly saturated(in terms of number of projects popping up) a certain niche is, there will always be winners — you just have to choose the correct ones. And knowing how permissionless crypto is, it’s expected that the projects would be very high in numbers in the first place.

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August 08, 2023, 09:31:41 AM
 #5

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Crypto market is a very fresh market and one of the least competitive one, just think about it, Binance managed to establish in 2017 and became the number one crypto exchange in three-four years. There aren't reliable crypto exchanges on the market and we need a good one that will provide us with a good and transparent service but will also respect our privacy.
There is not a big competition among instant exchanges too, it's very hard to find trustworthy instant exchange with good rates, so this market is open for anyone who plans to offer a good service.
Blockchain market is also the least saturated market I would say. Mostly because there is a lack of blockchain developers and there aren't many blockchain development companies.

Hundreds of new projects doesn't mean hundreds of them succeed every time. Just have a look, how many students manage to get top grades? A tiny percent. So, among hundreds of new projects, only tiny percent manages to make it and in business, it's even harder to succeed than in school and university.
Market is still profitable for new projects if you know how to sell and what to sell.

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August 08, 2023, 09:56:14 AM
 #6

I think it will always be profitable, the only problem is that it takes time for projects to really shine, it usually happens when the market is going crazy and major cryptocurrency and bitcoin is skyrocketing although it's not a rule as some projects do shine regardless of the market conditions. I think it's a matter of what the project sells, if the people want what they're selling, it will be successful anyways.



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August 08, 2023, 10:19:25 AM
 #7

Crypto market is a very fresh market and one of the least competitive one, just think about it, Binance managed to establish in 2017 and became the number one crypto exchange in three-four years. There aren't reliable crypto exchanges on the market and we need a good one that will provide us with a good and transparent service but will also respect our privacy.
There is not a big competition among instant exchanges too, it's very hard to find trustworthy instant exchange with good rates, so this market is open for anyone who plans to offer a good service.
Yes, this is a very important point. It is true that Binance managed to control the market during a relatively short period, but this is what makes the task of new instant exchanges very difficult. How can new exchanges gain confidence and popularity in the presence of a strong and reliable exchange like Binance?

Yes, we need a good exchange that provides us with good and transparent service and also respects our privacy, but will you trust the new exchanges? Most of the users prefer using old trusted exchanges over trying a new one.

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August 08, 2023, 10:42:11 AM
 #8

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

The crypto startup market is a like the traditional startup market. Most of the projects/startups will fail, a few "Unicorns" will survive and become big corporations. It doesn't matter if the market is crowded or too competitive. If the idea behind the project is good, if the team of developers is competent and the project's Business plan is achievable, I think that there's no way such crypto startup to fail.
I believe that your way of thinking seems kinda wrong here. The market cannot be "profitable". The market is what it is. The companies can be profitable or not profitable.
 

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August 08, 2023, 11:12:48 AM
 #9

I think it will always be profitable, the only problem is that it takes time for projects to really shine, it usually happens when the market is going crazy and major cryptocurrency and bitcoin is skyrocketing although it's not a rule as some projects do shine regardless of the market conditions. I think it's a matter of what the project sells, if the people want what they're selling, it will be successful anyways.
As bitcoin bull run is fast approaching, you will notice that many projects will flood the industry because of the bull run. There is a tendency that 80% of these projects will survive until the next bear market when they will be hit hard by the market and some of them will extinct.

Any project that is established during the bear market and it survives until the next bull run is no doubt a very fantastic Project. On the long run what matters is if such a project has a niche and solves a problem and not necessarily the bull run and the bear market.

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August 08, 2023, 11:35:06 AM
 #10

It depends on a lot of factors - one of the main ones would be how innovative are you? In every market (crypto or not), you have to give something new and useful to your future clients. That also depends on your knowledge and ability to contribute to the market.

If you are not looking for innovation and what to make a project on already available resources, making it profitable can just be even harder for you since there are a lot of bigger organizations everywhere and that might discourage you. On the other hand, even if the market is oversaturated with similar projects, most of the small ones don't have better chances than you would so you just need to know what your goal is and stand by it until you make a profit out of it.

So it's either be more innovative than your competition or find a way to make your deal better and lead more consumers on your product/service. In any situation, you have to have an edge, if it's your knowledge or ability to manage that project you have in mind. It isn't easy, but you need to be persistent and it goes the same for the crypto market or any other field even though crypto is a story of it's own.

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August 08, 2023, 11:57:24 AM
 #11

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
That is a normal thing, because it is a competition in the market, it doesn't matter with a new product or that, in fact it is getting better for progress because the company will improve product quality, product use cases, innovative and creative and the convenience offered that makes every companies are competing to offer what they can sell to the market according to the needs of the times.
Old businesses will not be in demand if they don't have development on their products or reject technological advances and times, as we can take the example of Nokia which is persistent with its version, while other new products already use the Android system which is easier in terms of mobility and usability, which causes Nokia to be disrupted by new businesses that are more flexible with the times.

In conclusion, as long as the new business has the uses needed by the changing times, he can get profits.

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August 08, 2023, 12:17:04 PM
 #12

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
The market situation is not encouraging because if the price of bitcoin is down, then it's likely that no new project will succeed.

However, new projects that have good potential should be taken into consideration right away, especially given that we're getting close to the time when bitcoin mining rewards will be halved in 2024.

R


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August 08, 2023, 12:44:54 PM
 #13

There are still a lot of new project coming up meaning that they still think it's profitable, I believe they have done calculation before starting project. But it depends on the project, if the projects is not offering anything new then I doubt many people will be interested. But if I was a Founder or CEO of a crypto project looking at the market condition, I would prefer to polish up my project and waiting for the market to at least recover before launching a new project.

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August 08, 2023, 01:28:06 PM
 #14

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Just show what you can offer to the investors and you will given a chance to make your plans happen since many investors want to see a projects show some clear informations about their project and they also want to see that there's possibility that your targets will happen or think its realistic to be implemented. But if you are just copying someones idea like using generic plans then expect that investors will avoid your project.

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August 08, 2023, 02:12:08 PM
 #15

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
The crypto market is still wide open so if someone comes up with a good service platform that can serve the needs of crypto users then they can succeed which means they can make profits.

Let's say the platform is something for crypto trading then they need to look at the competitors and customer requirements so whoever comes up with an idea to match the most of customers' requirements that are not available in the competitors' platform then they can sell their business and bag out profits.

I only mentioned the exchanges but cryptocurrency is not just limited to Casinos, Cryptocurrency wallets, and Exchanges it can be a lot more than that so it's all about innovation with some real use cases.

If you come up with another shitcoin with the only intention of making money then there is no way it is going to make you a dime.

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August 08, 2023, 03:36:12 PM
 #16

The number of investors or service users will adjust to the number of new projects and not all new projects can get a lot of investors because it depends on the project. If the project is not what investors or service users are looking for, the project will not be able to develop, and even many will die and cannot continue the project.

Market conditions are still favorable for new projects because what matters about new projects is what they offer. If the offer has never been in previous projects and is more promising in providing returns for investors, the investors will invest their money in the project. And that will also be done by users if they can get even better benefits.

Currently, the projects are simply copying existing projects and making no difference. The new project will find it difficult to find investors because it is already a better project and has been proven to be profitable for investors.

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August 08, 2023, 05:06:44 PM
 #17

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
As the market continues to grow, there will be growing numbers of investors and clients as well. That proves that the market does not matter how many existing projects are currently operating, but what matters is that despite of the high competition, there will always who’ll come out as a winner and the most profitable project in the market. Never think that the market is limited. It will never stop to cater new projects especially if these new projects bring out the best demand from its consumers.
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August 08, 2023, 06:51:44 PM
 #18

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
That is something for those developers to care about, however the answer to that is that it depends, for the majority of the projects the answer is no, but for a few projects which have good developers behind it or which are able to generate a huge hype around it the profits can be incredible, it is because of this that despite how saturated is the market we still see a huge number of projects being released, a tendency that is sure to increase once the bull market starts.
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August 08, 2023, 07:09:08 PM
 #19

Of course, from my perspective, being successful in the crypto startup market is the same as in other fields. Not all projects will be successful, and there are special projects that will develop into large corporations.

Even though there is a lot of competition or a crowded market, if the idea behind the project is good and the development team is competent, along with a viable business plan, the chances of success are higher. However, it is impossible to ignore the fact that not every project achieves its goals.

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August 08, 2023, 07:57:41 PM
 #20

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

The first question to ask is whether the project is trustworthy. It may be profitable, but there are hundreds or even thousands of scammers on the market. We need to ask the question of which project to trust and how. If we can answer this question, the project can be profitable and serve something good.

There will always be new projects in the market. The conscious investor looks at the team behind it before investing in the project. Of course, this is not a hundred percent trust factor, but still, not every project can get the income it wants. If it cannot provide the elements of trust, that project should not be profitable.
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August 08, 2023, 08:29:14 PM
 #21

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Are you talking about cryptocurrency projects or what? You seem to be talking nonsense and contradict yourself in the first couple sentences. The world of business is forever changing, adapting and innovating new ideas every single day. Some businesses are very cheap to setup and run, requiring little overhead or costs - like people selling products on eBay or Etsy that they may have crafted themselves or bought from suppliers in bulk. Tech business often has fairly low barriers to entry, buy a domain and set your website up. Investors is such a broad term it is almost meaningless, almost everyone in most developed countries have pensions that own shares in many businesses via index funds. What evidence do you have of a "large increase" in new services or companies, because it is in constant flux but you've made a wild leap out of nowhere.

R


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August 08, 2023, 09:18:50 PM
Last edit: August 08, 2023, 09:29:54 PM by Finestream
 #22

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Obviously yes. It’s only a matter of competition in which the best in demand project will stay longer in the market. That’s why despite of a saturated market, new projects continue to arise everyday withy highly competitive features and top rated plans that will make them more appealing to their investors and clients. In the end, those who have strongest and smartest plans and course of action will certainly become the best and leading projects.

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August 08, 2023, 09:42:21 PM
 #23

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Not all the new projects are real projects, many of them are scams only. There are only a few projects that investors probably consider. They become more selective to choose crypto projects due to many scam cases. However, if it is a real project, I'm sure the investors will consider it and it should be profitable.

Anyway, I know that the competition among the projects become tighter with the huge number of crypto projects. That's why it is better if a new project offers something different from the previous projects. If the new project is unique and offers something interesting, the chance to succeed will be very opened.


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August 08, 2023, 09:48:09 PM
 #24

The market will continue to grow. As technology evolves, people will come up with new ideas for products and services to offer and sell. However, this does not mean that the market will not be profitable for new projects. It still is for as long as you know how to sell your products and attract your target clients and customers. It all comes down to how competitive you are.
Even though that the market is not profitable that will cause a stoppage of a new project, a project is like a competition which everyone is interested to market it project, so I'm not of the opinion that doesn't use be profitable or when market is not profitable that other projects should die off, so marketers or investors look at the place that market will be profitable, so I believe that's one of the things that contribute for good market is falling and rising because some people benefit when the market is not profitable while people benefit when the is profitable

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August 08, 2023, 10:11:22 PM
 #25

So my question is: is this market still profitable for new projects?
The crypto market is always profitable for a new project but not all new projects because what we have in today's crypto market is an imitation of the previous project concept there's no new concept that solves the current drawback in todays crypto market.
After the project is built on an amazing concept that introduces a new solution in the market, the next thing is using the right marketing strategy that got the investor's attention just like the SUI, etc does because crypto marketing is always changing.

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August 08, 2023, 10:15:27 PM
 #26

Not all the new projects are real projects, many of them are scams only. There are only a few projects that investors probably consider. They become more selective to choose crypto projects due to many scam cases. However, if it is a real project, I'm sure the investors will consider it and it should be profitable.

Anyway, I know that the competition among the projects become tighter with the huge number of crypto projects. That's why it is better if a new project offers something different from the previous projects. If the new project is unique and offers something interesting, the chance to succeed will be very opened.
New projects have to be really innovative and original if they want to be profitable on long term in this crypto market, otherwise they will be just part of a temporary hype in times of bull run, which nobody will remember it anymore (at least in a positive way) after the hype is gone.

And I believe it's not that easy for developers to be innovative right now, since we have many cryptocurrencies already which cover most, if not every demands and needs people have nowadays on the internet. Actually, Bitcoin fulfills most of the objectives those alternative cryptocurrencies claim to accomplish, so in most cases everything you need is solely Bitcoin: for profitability or practical purposes.

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August 08, 2023, 10:32:35 PM
 #27

Any project can be profitable. It's just a matter of how well the team does their marketing, and whether the products/service they offer actually live up to expectations. Even big companies would have fresh budding competitors, not to mention new companies that have a new innovative product/service they can offer. While it's hard to develop something new nowadays since literally almost everyone with the know-how keeps pushing out new stuff, it's a matter of who can keep standing the longest. It isn't even a matter of creativity at some point really (except in extreme cases I think), it's just a matter of marketing itself.

R


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August 08, 2023, 10:48:28 PM
 #28

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Many fresh projects have entered the market, but not all of them are trustworthy. There are many fraudulent projects out there that only want the money from investors, but there are also legitimate projects hiding in the shadows. You should be able to distinguish between legitimate projects and scams. I regularly look at their social media accounts, such as Twitter, to determine whether they are scam projects or not. Some legitimate projects become scams due of a lack of funding and development. Therefore, there still projects you can be profitable with.

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August 08, 2023, 10:48:33 PM
 #29

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
True, we've been flooded out by tons or thousands of new projects on this market on which it would really be resulting into that divided kind of funding coming from investors which means that it is unlikely that each of them would really be getting that attention .In overall, this is always been survival of the fittest and to those good ones would really be getting that recognition and to those who are just copycats would really be kissing on the floor. This is why on investors perspective then it would be always ideal that you should really be wise on which projects you would really be planning to invest on and not really just carelessly trying out to get dragged with some hype because this is where usually investors do losing up their money or funds on the time that a project would be rug pulled or would become a scam.This is what people should really be looking or checking on because if they wont really be that sensible towards their actions then they would definitely be ending up with that kind of fate which it could really be changed up if you are really just that mindful about on the things you are
dealing of with.

R


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August 08, 2023, 11:48:40 PM
 #30

Many fresh projects have entered the market, but not all of them are trustworthy. There are many fraudulent projects out there that only want the money from investors, but there are also legitimate projects hiding in the shadows. You should be able to distinguish between legitimate projects and scams.
Of course, although there were too many scam projects, there should be a few nice projects. Sadly, they become rarely day after day. I constantly checked the new projects but it is difficult to find out convincing projects. Some projects only focus on the marketing strategy without developing well their products. While others have good products but they have unexperienced teams and make a bad marketing strategy. And there are also the projects with great marketing but they offer tokens with no fundamentals. These types of projects won't survive a long time, they probably disappear after tokens sales. So, it is not easy to find out good projects nowadays.



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August 08, 2023, 11:55:56 PM
 #31

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
It's like hit or miss for the majority of them.

You'll never know if the newest projects are going to hit the crowd and will make it to the market. Some might go into a jackpot but even the considered good ones can't make it.

So, it's almost rare to see new projects able to make it to the market and make a decent profit from it. Because I still see a few of them manage to make it.

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August 08, 2023, 11:58:05 PM
 #32

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Since the beginning, the competition is already there. No one will be able to tell if new projects can succeed in the market nowadays if they will not engage in it in an actual operation. The problem will only be determined once the project goes live and that's where the critical point is, how to deal with those.

Attracting investors is always part of the difficulty that any new project faces. It's a challenge.

Success is impossible to achieve without struggles on the way. There's no shortcut.

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August 09, 2023, 12:06:56 AM
 #33

So my question is: is this market still profitable for new projects?
It depend in what project you are developed. Sometime, a new project not glanced by investor because that project is has appeared frequently and without any further development. This kind of this we often to see if the same or similar with another so it tends to be bored or there are several going to be scam so there are those who give up on investing his money. but there are some have profitable even new or some developer create a new project with and different from the others.
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August 09, 2023, 12:10:46 AM
 #34

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Of course it is profitable, innovations will always bring benefits, and that is why the vast majority of investors decide to support the ideas of those with good vision, however, just as innovative projects can be created and with good foundations, they exist in those who, despite the fact that they seem to have potential, end up failing, but it is not the fault of how the market is, but of the strategies they used, there are people who, despite having a futuristic mind, do not do well with business and That is why they end up failing, despite all this, it is not a reason for demotivation for those inventors or investors who decide to trust, because that is how the world works and it always opens new opportunities where the results end up being true and satisfactory for both sides and Not only for them, as long as humanity has the ability to create projects and investors are motivated to finance them, both those involved and the economy of the countries will be rewarded, as they will remain stable and increase in productivity, as well as will contribute to the quality of life of citizens and therefore the profitability of the market.
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August 09, 2023, 12:38:38 AM
 #35

I think it is still okay, there are some investors who only looking for new project so they can have chance to earn profit. I saw many dead coin in local exchange, that only matter of time the price of it become zero. the competition is getting tighter so the quality should be higher so those new project can get more investors.

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August 09, 2023, 02:18:03 AM
 #36

It is still profitable because technology keeps evolving, meaning there is new technology that has not been implemented before, which is why investors are still going to invest in it, mostly when they are promising and futuristic projects. This will really continue the cycle as the old one will be outdated or sometimes abandoned by the developers or owners, and it will die, so there will be a new team to make it again and also make it better.
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August 09, 2023, 02:36:43 AM
 #37

Are you talking about cryptocurrency projects or what? You seem to be talking nonsense and contradict yourself in the first couple sentences. The world of business is forever changing, adapting and innovating new ideas every single day. Some businesses are very cheap to setup and run, requiring little overhead or costs - like people selling products on eBay or Etsy that they may have crafted themselves or bought from suppliers in bulk. Tech business often has fairly low barriers to entry, buy a domain and set your website up. Investors is such a broad term it is almost meaningless, almost everyone in most developed countries have pensions that own shares in many businesses via index funds. What evidence do you have of a "large increase" in new services or companies, because it is in constant flux but you've made a wild leap out of nowhere.
Yes, I am talking about cryptocurrency projects since we are in a forum that talks about cryptocurrencies in the first place.
Where is the contradiction in my words? I have read most of the responses, but I did not find any member who said that except you!! It's weird!! I don't see a contradiction. I asked a question that seemed obvious to everyone.
As for the evidence of a "significant increase" in new services or companies, I think that this does not need evidence because it is quite clear to any observer or regular follower of the market.
Anyway, I respect your opinion and thank you for stopping by.
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August 09, 2023, 03:31:00 AM
 #38

If OP sees the market is bearish and a lot of crypto is decreasing in price and new ones keep popping up. well, if the OP's question is adventurous with new projects, my advice, look for those that have been recommended and adjust them to current hot issues (what do people like) and also need to consider the best time to buy it for example in the short term during corrections and one more see also Number of Token Holders and Avoid projects that have few token holders other than the feasibility of the project you are going to invest in. In the end, I'd say yes. Currently the market is still favorable for new projects but must be selective in choosing.
     

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August 09, 2023, 03:47:32 AM
 #39

the market will continue to grow and of course new ideas will emerge, I don't think we need to make a big deal out of it, what is clear in this case is that we must have high and good insights and strategies.
and usually with new projects and so on it will actually have a good impact on those who can take advantage of it.
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August 09, 2023, 05:38:37 AM
 #40



So my question is: is this market still profitable for new projects?

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.

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August 09, 2023, 06:48:38 AM
 #41

~
So my question is: is this market still profitable for new projects?
If that new projects has new features that will be beneficial for the people, the chances of it to be a successful is kind of high.
You said in your previous post that you are talking about "new projects", so your subject title, and kind of confusing TBH.

Anyway, there are new projects that are being created daily, but not all of them will survive. There are lots of projects right now that has been listed in Coingecko, and Coinmarketcap, but most of them are either no liquidity at all on exchanges, no community behind it whatsoever. Most of the new projects are ending up as a scam, or an abandoned one especially if there isn't that much support from their investors.

Is it still profitable? Yes, but the chances are very low. What I mean is that you need to prepare for the worst if you are investing into new projects because they have a high chance of it being a rug pull. Yes it's still profitable, but the chances of you as an investor to get profit from them is very low. This is also the reason why I don't invest into new projects. If I'm lucky, I might make my money x10 or even x100, but what are the chances of my money going to 0? High, so the risk is high though the reward is also high, but it isn't worth it for me to try.

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August 09, 2023, 06:55:14 AM
 #42



So my question is: is this market still profitable for new projects?

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped

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August 09, 2023, 07:08:42 AM
 #43

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Bullish movement may start soon in the crypto market and if it happens during that time some new projects are likely to do well. Since the market is not yet bullish, investing in new projects is quite risky. Last year some of the good projects were scammed so now the investors are suffering from a little lack of confidence. This situation will continue until the next bullish movement starts. In such a situation, investment in new projects will be risky. As there is a risk of loss at the same time if the project become legit then there is a possibility of getting large profit.

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August 09, 2023, 11:55:45 AM
 #44



So my question is: is this market still profitable for new projects?

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped

I agree. If you are only a beginner in the field then it is advisable to not invest in new projects because of the risk it may cause, such as getting scammed. It is better for beginners to try investing with already existing projects to be safe and once you are able to get more experience and knowledge then you can risk investing in new projects with proper research and caution.

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August 09, 2023, 12:14:15 PM
 #45

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
There is no limit to innovation and at the same time there is nothing new that hasn't been in the past in some other form. And crypto projects gives the individual the ability to stretch the limit of human possiblities. To be profitable in the market the individual has improve on an existing project and the individual can also developed a new specialized project to serve a specific group. There is always profit to be made and the world hasn't seen the last of it.

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August 09, 2023, 12:34:33 PM
 #46

Well, if you asking this in terms of the Bitcoin market.... then there are loads of potential profitable opportunities. This technology are still relatively new and people are still finding very innovative applications for Bitcoin in the market.

You can only look at the limitless opportunities in the decentralized payment options to see what can be done to improve it. Bitcoin can change a lot of industries, if it is allowed as legal tender, but governments are blocking it by defining it as a commodity.  Roll Eyes

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August 09, 2023, 12:36:42 PM
 #47

The market offers opportunities, that's undeniable. But can new projects really thrive in such a saturated environment, filled with fish and, sometimes, very loud colors?

Look at the statistics - the number of startups, services, and companies outshines the investor's interest. What we're seeing is a buffet of options with only a few forks. So, is the market still profitable? Yes, but the profitability resides in hidden alleys and, perhaps, underground caves

You must seek the opportunity, carve out your niche, perhaps even invent a new kind of wheel. Market research and trend analysis are your compass, but remember, even compasses don't always point true north. There's always opportunity, but success is often a floating target, elusive and ethereal

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August 09, 2023, 01:46:02 PM
 #48

It depends on how quality those new projects that you are going to promote. But knowing the fact that even if the market becomes saturated, there will always some new and exceptional projects that will definitely gain the trust and high demand of the customers or clients.

The market offers limitless opportunities to all types of projects. But it would be a great advantage if the project you are going to take risk investing has more proven use case potentials so that it will never end as another crypto scam.

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August 09, 2023, 02:55:47 PM
 #49

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

It depends if the project has a good roadmap, perks why people need to invest and other things for as part get benefits to the investors. The project will go for a good run; the market also affects the project, for example, the project goes to launch, but the market gets to crash the people keep panicking selling their assets, the traders makes a lot of position for buy and sell, the market in a chaos, now it affects because people might doubt that your project is still going well after this crash or not. This always happens based on my experience. But if the team already built a good reputation, good initiative and have a good social media marketing and still consistent the project might be succeed.

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August 09, 2023, 04:38:52 PM
 #50

There is a market for it without a doubt, people should realize that it's definitely there and it can certainly be done and there is nothing wrong with that. New projects could still end up growing and could still end up finding itself in the top 10 one day.

However, the problem is that there aren't any decent good projects like that, most of the projects suck and that's why we do not see them there at all, we need to see something that is very well done in order to be convinced that it will be done properly. I think it needs to be very important to make sure that things are not that easy and you could end up with a great return one way or another. I hope that people can understand the difference and that way they can do better.

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August 09, 2023, 05:07:53 PM
 #51

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
It is normal that new projects will continue to come in the market, but not all projects will be successful. So it cannot be said that all new projects are profitable but if a project is successful and someone can invest in that project then it is possible to get a good amount of profit from that project. So investing in a new project is more difficult than investing in an old project.  Because by looking at the population of an old project it is easy to invest without any high quality research but new projects require very high quality research.  Otherwise there is a lot of possibility of loss



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August 09, 2023, 07:03:44 PM
 #52

The market offers opportunities, that's undeniable. But can new projects really thrive in such a saturated environment, filled with fish and, sometimes, very loud colors?

Look at the statistics - the number of startups, services, and companies outshines the investor's interest. What we're seeing is a buffet of options with only a few forks. So, is the market still profitable? Yes, but the profitability resides in hidden alleys and, perhaps, underground caves

You must seek the opportunity, carve out your niche, perhaps even invent a new kind of wheel. Market research and trend analysis are your compass, but remember, even compasses don't always point true north. There's always opportunity, but success is often a floating target, elusive and ethereal
I do agree that there are way too many options and that makes people question the situation. Even if there is one good among them, when you look at 99 bad projects lumped together, you may miss that one good out of 100 in there. This is why it's a tough situation and should be regarded as a bad time to start a good project.

If you believe that you can build a good project then you are going to end up making something that will be a bit of a difficult situation in the end and I believe that we are going to end up with a deal where it's going to matter if you wait until the bull run. I know that it will take some time, but we should be waiting for the bull run and when things are getting a lot of funding, then you can build one.

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August 09, 2023, 09:50:01 PM
 #53

There is a market for it without a doubt, people should realize that it's definitely there and it can certainly be done and there is nothing wrong with that. New projects could still end up growing and could still end up finding itself in the top 10 one day.

However, the problem is that there aren't any decent good projects like that, most of the projects suck and that's why we do not see them there at all, we need to see something that is very well done in order to be convinced that it will be done properly. I think it needs to be very important to make sure that things are not that easy and you could end up with a great return one way or another. I hope that people can understand the difference and that way they can do better.

The story of the emergence of new projects and the value they will create are the two most important things for me. Often the success of projects is more visible in the bull market but the foundations of these projects are laid in the bear market. Usually most of the good projects come out in bear markets, but at this time the market is weak in liquidity causing projects to hang.

The market is not always profitable for new projects, especially if the market is not in a bull time. My impression was that most of the time the projects came out for fraudulent purposes in bull markets. New entrants to the market were easily deceived, causing new projects to make a profit. At the beginning of the bull markets, the Halving period is of course effective but i can say that quality projects initiate the bull market and shape the market. The most important key to new projects is stability. Projects that continue without giving up will definitely be successful.

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August 09, 2023, 11:19:20 PM
 #54

There is a market for it without a doubt, people should realize that it's definitely there and it can certainly be done and there is nothing wrong with that. New projects could still end up growing and could still end up finding itself in the top 10 one day.

However, the problem is that there aren't any decent good projects like that, most of the projects suck and that's why we do not see them there at all, we need to see something that is very well done in order to be convinced that it will be done properly. I think it needs to be very important to make sure that things are not that easy and you could end up with a great return one way or another. I hope that people can understand the difference and that way they can do better.

and the growth of the project depends on the dev team behind it. sad to say, most of them are here for quick profits, thus, a lot have been abandoned even at early stage of development. very rare that you can see  a project that is continuously being developed to really cater the community for a specific usage. this is why it is understandable that most investors are meticulous in holding these coins for long-term.

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August 09, 2023, 11:59:58 PM
 #55



So my question is: is this market still profitable for new projects?

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped

I agree. If you are only a beginner in the field then it is advisable to not invest in new projects because of the risk it may cause, such as getting scammed. It is better for beginners to try investing with already existing projects to be safe and once you are able to get more experience and knowledge then you can risk investing in new projects with proper research and caution.

If you are a newbie, don't try anything other than bitcoin or maybe ETH. There is also no guarantee that old altcoins will not crash, like what happened to Terra and FTT, both of which are old and potential projects. It can be said the altcoin market is more like gambling than investing, so those who want to invest in it need to be aware of the risks it can bring.

If you are a newbie, I only recommend bitcoin, but when you are experienced and willing to take risks, I think we should step out of our comfort zone to be able to reap more success.

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August 10, 2023, 11:59:27 AM
 #56

New projects will always be present even though market conditions are red, and the fact is that there are many new projects that are working and can achieve hard caps so there are always successful projects, of course it is not easy to create new projects.


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August 10, 2023, 04:55:48 PM
 #57

Definitely yes. But that depends on the project's vision whether it would only be good in a short period of time or to be good with long term scale. There are more investors nowadays compared with the past but not all of these investors would invest in a single glance. Most of them are keen with details before engaging to the project itself. More people are gaining knowledge so better let your project meet their ideals and interests.
New projects will always be present even though market conditions are red, and the fact is that there are many new projects that are working and can achieve hard caps so there are always successful projects, of course it is not easy to create new projects.
I doubt with majority of the projects are hitting hard cap. I do think as well that there's a lower rate of success with projects nowadays if we would weigh quality over quantity of the projects. However new projects are mostly for short term so if you are planning to enter on its 'mid phase' then atleast minimize or manage tge loss.

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August 10, 2023, 05:22:39 PM
 #58

It is still profitable, but in my opinion thing have changed in these lastest years. Now it has become increasingly difficult for developers to earn the trust and the money of new investors.

It was not the same as it was during the early 2010s, when it was a novelty to see an altcoin which was able to offer higher transaction speeds than Bitcoin. Today, it takes much more to catch the attention of investors.

On the other hand, I would not advice any investor to look for small projects, unless they are willing to spend their time doing serious investigation and follow up on it, with money they are willing to lose in the crypto market.

There will always be new winners in this landscape, it won't be easy to find and pick up among so many shitcoins.

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August 10, 2023, 05:25:04 PM
 #59

The market will continue to grow. As technology evolves, people will come up with new ideas for products and services to offer and sell. However, this does not mean that the market will not be profitable for new projects. It still is for as long as you know how to sell your products and attract your target clients and customers. It all comes down to how competitive you are.
Here, success depends not so much on competitiveness, which undoubtedly plays an important role, but on the demand for goods and services offered by the project. There will be a demand for this or that technology and the project will take off and flourish. But here the world must be ready to accept it, otherwise it will fail. There are cases when this or that technology appeared too early and turned out to be of no use to anyone, up to a certain point. For example, due to dependence on high-speed Internet, as was the case with WebTV from Microsoft in the mid-90s.

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August 10, 2023, 05:40:06 PM
 #60

So my question is: is this market still profitable for new projects?
The crypto market has no influence in terms of profits, whether it's a new project or an old one, the problem now is the project itself, You can see now, gardeners and vegetables can create new projects. They went to the market a few months ago and disappeared. That's the problem now.

Investors are currently familiar with the current crypto market, even though investors can be counted on the fingers, rather than projects on the market, they are investors who know very well what to do for new and old projects, For this reason, entering the world of the crypto market has a high risk, if you don't research the new project first, it takes real understanding for you to invest in the new project, so you don't get caught in it which ends up being a scam.

R


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August 10, 2023, 06:05:56 PM
 #61

It depends! How innovative is the project, how much do people believe in the new project? Investors will definitely judge and consider selectively but I would say that not all new projects are crap but there are some emerging offers with a different vision and they can get up to hundreds of millions of dollars in funding because various other institutions support.

If you look at projects that are not clear of course it will not be profitable at all, it will only end up with fraud especially new meme projects by saying 100x after being on the market. Bullshit!

You must be selective to recognize new projects because the market depends on supply and demand.

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August 10, 2023, 07:19:27 PM
 #62

Hard to tell if it's going to be profitable or not. The old ones are still thriving on the market. But some new project popping up now and then does not entirely fill the expectation. Either it is going to be a scam or some project that will vanish just because of not having enough funding or strong background on which it has been created. People are also confused about which new project will become successful and which is going to scam. One or two misleading projects like this could create a bad environment in the crypto market. As long as this kind of environment exists in the crypto space, it will be hard for new projects to gain faith and deliver what they promise.

It is still possible for new projects to make profits. Those projects that are coming up in this rough environment and surviving are the ones that have the best potential to grow even more in the future. So all I can say is, wait for the right moment when you are dealing with Altcoins projects. Bitcoin is something that has long-term potential. But with altcoins, no one can tell what's to come.
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August 10, 2023, 07:53:05 PM
 #63

This is extremely vague and entirely depends on a large number of factors.  First off location, competition and things of this nature need to be strongly studied.  Nothing dumber that opening a new business without doing your proper homework first. 

But the answer is yes, of course there is...if it seperates its self from the competition or if it's a project that "solves" a real world issue that needed being solved  (this could be a huge number of things, and very much like crypto coins... "what does this coin offer that the others dont")

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August 10, 2023, 07:53:58 PM
 #64

Hard to tell if it's going to be profitable or not. The old ones are still thriving on the market. But some new project popping up now and then does not entirely fill the expectation. Either it is going to be a scam or some project that will vanish just because of not having enough funding or strong background on which it has been created. People are also confused about which new project will become successful and which is going to scam. One or two misleading projects like this could create a bad environment in the crypto market. As long as this kind of environment exists in the crypto space, it will be hard for new projects to gain faith and deliver what they promise.

It is still possible for new projects to make profits. Those projects that are coming up in this rough environment and surviving are the ones that have the best potential to grow even more in the future. So all I can say is, wait for the right moment when you are dealing with Altcoins projects. Bitcoin is something that has long-term potential. But with altcoins, no one can tell what's to come.

It used to be easier with new projects. Now there are a lot of almost identical projects, and many niches are already occupied. Old projects - yes, if they have a strong team and a serious idea, they develop. New projects have to invest serious money in marketing in order to be on everyone's radar.
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August 10, 2023, 08:25:43 PM
 #65

Hard to tell if it's going to be profitable or not. The old ones are still thriving on the market. But some new project popping up now and then does not entirely fill the expectation. Either it is going to be a scam or some project that will vanish just because of not having enough funding or strong background on which it has been created. People are also confused about which new project will become successful and which is going to scam. One or two misleading projects like this could create a bad environment in the crypto market. As long as this kind of environment exists in the crypto space, it will be hard for new projects to gain faith and deliver what they promise.

It is still possible for new projects to make profits. Those projects that are coming up in this rough environment and surviving are the ones that have the best potential to grow even more in the future. So all I can say is, wait for the right moment when you are dealing with Altcoins projects. Bitcoin is something that has long-term potential. But with altcoins, no one can tell what's to come.

Since the survival of bitcoin was their,the possibility of all good project to survive and get some investment.Now the bear market is going,So it's essential for the new project to stay tuned for the upcoming bull run.Even though the price of bitcoin was low and most of the trusted project was surviving now.The price doesn't define the good project,such project is good for short profit.But the good project will come in bear or bull market and survive to the couple of years by huge amount of the investors.
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August 10, 2023, 08:42:02 PM
 #66



So my question is: is this market still profitable for new projects?

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped

I agree. If you are only a beginner in the field then it is advisable to not invest in new projects because of the risk it may cause, such as getting scammed. It is better for beginners to try investing with already existing projects to be safe and once you are able to get more experience and knowledge then you can risk investing in new projects with proper research and caution.

If you are a newbie, don't try anything other than bitcoin or maybe ETH. There is also no guarantee that old altcoins will not crash, like what happened to Terra and FTT, both of which are old and potential projects. It can be said the altcoin market is more like gambling than investing, so those who want to invest in it need to be aware of the risks it can bring.

If you are a newbie, I only recommend bitcoin, but when you are experienced and willing to take risks, I think we should step out of our comfort zone to be able to reap more success.
Even how hard you would really be telling out that kind of recommendation but still there would be those people who would really be loving on touching up that kind of field on which they would really be focusing
with some altcoins or the worst they would really be touching up meme coins. Why? we know that these places would really be giving out that kind of probability on hitting up 10x or 100x in profits in a short time
as possible on which you would really be having that in mind that on the time that you do able to make yourself that dive or get in on a right project then those things could possible happen. Yes, its not impossible but
it is really that way too risky for someone who are just starting up on this market or simply a newbie or even to those veteran or old ones which its never been that recommendable. Well, we do have our own risks management though because there are ones who do really accepted out their fate on spending up their times on dealing with meme or alts on which they would really be always having that target that they should
really get in as much as early as they could or into those base price because we do know on what are the chances that it could give specially if it would really be that pumped up by some whales.

R


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August 10, 2023, 08:57:43 PM
 #67

Profit making depends on the entire project if they had a good concept that could seek attention to their development, every new project has their Usecases and what it takes to attract the audience to start making profits to themselves. Despite the much introduction of newly projects and companies that doesn't mean the new project won't find a way into the crypto industry and as a matter of facts as days passes bye the more the new projects are being launched all the time but want brought their exposure is how effective, organized and legits they seems to be. Typical example could be as PEPE despite Dogcoin, Shibainu and the rest memecoin, that doesn't mean PEPE didn't finds its way to be popular and also gain some attention over the cryptospace.

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August 10, 2023, 09:07:57 PM
 #68

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
There's still a lot to offer and if you are good in your marketing strategy, I'm sure it can be more profitable for you.
Airdrop and having a huge hype for the project can be a big help, though most of them works with their project for years so better to start building your foundation now and have a good future as well. The market continues to grow as well, we still need a fresh money to the market and that is more possible if there's a good new project to look forward.

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August 10, 2023, 09:53:49 PM
 #69

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

The market is too vast, there are lots of opportunity out there.  the questioned shouldn't be directed about profitability because it depends on the proposed project by the company.  If they get into a saturated market without offering any innovation then it is an obvious thing that the profitability is hindered.

A company must study on which industry has the least competition, create new innovations, do feasibilities and then when all is ok, launch the project.  If they are correct on their calculations and decisions then I believe it will be profitable for the company launching a projects with lots of innovations to offer.

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August 10, 2023, 11:09:35 PM
 #70

So my question is: is this market still profitable for new projects?
Apparently,  ther3 continues go be more and more of these new projects as you have noted but should you look at it, you'll find that this is only made possible due to the fact that, investors haven't given up on the trends that it just might have some opportunities. While the early bird gets to eat the worm, there are just others that would be left with nothing in the end and surely, not the project initiators. They often get to take there bit and are off.
Hence, having to be amongst the first set of investors happens to be key for these pump and dump projects.
My evaluation would be  its still profit worthy for two set of investors and that be the eay bird and the project initiators otherwise, you wouldn't find these projects popping up regularly.

R


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August 10, 2023, 11:16:09 PM
 #71

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

The question doesn't lead you anywhere and I would be surprised if the answers you get here solely focus on the number of projects that are launched every day. It is not the blue ocean for scammers anymore. Yes, it was a scammers' paradise because they could steal tons of money with white papers, copy the white papers, put a different logo on there and steal again.

So my question is: is soccer still profitable for a new player who is as good as Messi? Or is the NBA still profitable for a player who is as good as Steph Curry?

I won't say it doesn't matter when a market is swamped with bullshit and the same counts for sports. It is hard to get discovered in the first place when a young player is dreaming of a career. But today you could create Youtube videos and what not to increase visibility of your skills.

When a game changer really enters the crypto industry, I am sure that game changer will get the attention it deserves. Yes, the market is still profitable for projects that offer true potential. But scamming has become much harder and that is the reason why the % of projects that fail has increased to 99.9% when profitability means that you personally could cash out at a profit (either as the founder or investor/trader). All those projects aren't failing because the market is saturated. The projects fail because they are crap, scams, failures before they started, you name it. They are not worth touching with a 10 foot pole. But do you know what happens with those who haven't learnt the lesson, grab their 10 foot pole and try regardless?


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August 11, 2023, 03:39:16 PM
 #72

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

There's always room for new projects and new innovations because there's always a new market that will emerge we are living in a very fast pace world and people are always on the new look for a product or services, take a restaurant for example do you know that in New York there are more than 23,650 restaurants and cafes and more coming in, because people keeps looking for they always on the look for new trend mew product and services because they want to spend.

All industries will have new products and services because the market is growing, it's a cycle that will continue in the present generation, and in the next generation, an innovative entrepreneur can always think of a new project in his industry.

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August 11, 2023, 04:48:58 PM
 #73

It used to be easier with new projects. Now there are a lot of almost identical projects, and many niches are already occupied. Old projects - yes, if they have a strong team and a serious idea, they develop. New projects have to invest serious money in marketing in order to be on everyone's radar.

And there's a hacker or a whale attack. It's not always the project's side that does the scams. Sometimes it is hard to carry out a project when there are people who are trying to harm the project itself in order for their own gains. When the project team is investing a huge amount, there are people in the shadow who are trying to take that opportunity and make money out of it. On the other hand, there are hackers and scammers lurking around the project. If they find any back door, they will attack. Nothing is safe nowadays. That's why those who are going to survive this situation are gonna come up top.

It is possible but only if taken the right path. You have to be an expert in the field of security, and development. Also, project needs to have good use cases too. Without these things, I don't think any project can gain success.
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August 11, 2023, 05:15:06 PM
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 #74

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Yes the market is still profitable for new projects, the market is so big that there's no amount of project that'll be launched that there won't be money available to invest into them. Many investors are holding their money waiting for the right project to invest into and it might just be your project that's why you don't have to consider the amount of project in existences already but be only concern about the share you project can take from the market and launched.

To get some fair share of the market, you have to be innovative with marketing your project to make investors want to give you their money. Investors wants their money to go to projects that they believe can make them profits and to benefit, you have to market your project well.

R


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August 11, 2023, 06:47:30 PM
 #75

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Yes the market is still profitable for new projects, the market is so big that there's no amount of project that'll be launched that there won't be money available to invest into them. Many investors are holding their money waiting for the right project to invest into and it might just be your project that's why you don't have to consider the amount of project in existences already but be only concern about the share you project can take from the market and launched.

To get some fair share of the market, you have to be innovative with marketing your project to make investors want to give you their money. Investors wants their money to go to projects that they believe can make them profits and to benefit, you have to market your project well.
Market conditions also affect the amount of money available for projects, when the bear market is in place there is almost no money available for new projects, when the market is stable, like it is right now, people are willing to put money on good projects, but when there is a bull market even projects which anyone with some common sense can see they are a scam will get a lot of funding, as at the time people are more comfortable taking risks due to the profits they have gotten already with other coins.
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August 11, 2023, 06:47:59 PM
 #76

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Yes it is, as what I observed everyday it is still profitable. A good plan, marketing and strategies can give a certain project more investors. Some of the project owner that don't want to spend something just to provide for early marketing plan is too hard to get hype or be established in the market. They need to create their brand that is different to other so they can outstanding.
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August 11, 2023, 07:09:46 PM
 #77

Up until this point, it's become evident that new projects embracing exceedingly basic concepts struggle to establish their footing in the cryptocurrency realm. There is an abundance of subpar initiatives that merely mimic strategies of their counterparts. These templates are quickly grasped by investors. What investors truly yearn for are innovative projects featuring genuinely unique and logically projected future-oriented concepts.

The era of Initial Coin Offerings (ICOs) has drawn to a close due to a waning investor trust. The investor count hasn't witnessed substantial growth, yet developers persist in inundating the market with investments in new projects, marked by excessive numbers and conventional business models.
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August 11, 2023, 09:29:50 PM
 #78

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
I don’t think it’s on the market that matters, but on the new projects that keep rising in the market. If these new projects have potentials to grow and succeed, then it will contribute to the market’s profitability. But if these new projects were formed from the image of meme coins, perhaps there will be a market breakdown, hence defeating the purpose of the market to stay in profits. However, what I’ve seen now is the market never run out of profits, and for me growth is always there.

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August 11, 2023, 09:31:24 PM
 #79

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
They are still profitable that is why they are doing this but if you talk about useless projects, then the answer is NO.
However, the number of investors is growing as well which means that it increases the demand. Developers had made new projects which they think it was acceptable and needed by the community because there is no other reason for why doing this and spending money if it never works and has ROI. They have done with the survey before creating new project I believe, if may not be profitable today but be possible in the coming days.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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August 11, 2023, 10:23:06 PM
 #80

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
They are still profitable that is why they are doing this but if you talk about useless projects, then the answer is NO.
However, the number of investors is growing as well which means that it increases the demand. Developers had made new projects which they think it was acceptable and needed by the community because there is no other reason for why doing this and spending money if it never works and has ROI. They have done with the survey before creating new project I believe, if may not be profitable today but be possible in the coming days.
There would really be always those hidden gems but the question is, how you will really be able to find those gems? This is really just finding a needle on a haystack if you do try to compare considering that there are lots of
projects that do launch in the market on which it is really that too time consuming and putting lots of efforts if you are really that going 1 by 1.This is why it would really be just like that nitpicking when it comes on selecting out those coins which does have potential which its never been that easy because there are good projects that ends up on being ignored or not been financially been supported.

This is why not all would really be that good looking project or does have that good idea or utility ends up on being that valuable but rather they would really be dumped.Most of the time it would really be needing up some
hype for a certain project would be able to pump out and getting that kind of recognition.On the question if new projects does still have the chance? Of course they would but the chances for them to be recognized would be less and there are coins which had been that getting those kind of support but later on they would wither and die away with having that simply one pump and die forever and the cycle continues.

R


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August 11, 2023, 10:37:03 PM
 #81

Yes. People think the market's not healthy for up and coming projects because what they see is the stupid side of the crowdfunding spectrum. They see projects with no real relevant utilities that at some point they might as well just sell themselves as shitcoins and not project-oriented cryptocurrencies. This is a good reason why they fail miserably when looking for the proper funding they need. People in this industry are becoming more and more needy when it comes to offerings and features, and that is good as it breeds competition and innovation, we wouldn't have DeFi if people just settled for the regular pump and dump, we wouldn't have the NFT Mania that, despite the fact that some people hated it with a burning passion, is still a billion-dollar venture that changed the lives of many in a whole year. We just need a powerful cryptocurrency project that will usher in a new form of profitable and usable concept, we don't need shitcoins anymore except for a quick buck.
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August 11, 2023, 11:00:02 PM
 #82

I think it is still okay, there are some investors who only looking for new project so they can have chance to earn profit. I saw many dead coin in local exchange, that only matter of time the price of it become zero. the competition is getting tighter so the quality should be higher so those new project can get more investors.
If they are experienced investors, it is no problem to invest in new random projects. They know well how to take profits from the projects because they must already have enough experience. But for common investors or new investors, they are better to avoid to invest in new projects. Finding good new projects are difficult now, most of them just survive in a short time. It is not only about the competition, but the quality of new projects are decreasing. Many of them have weak fundamentals and have no clear future. We must be more careful to choose the new projects nowadays.


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August 12, 2023, 11:29:36 AM
 #83

I think it is still okay, there are some investors who only looking for new project so they can have chance to earn profit. I saw many dead coin in local exchange, that only matter of time the price of it become zero. the competition is getting tighter so the quality should be higher so those new project can get more investors.
If they are experienced investors, it is no problem to invest in new random projects. They know well how to take profits from the projects because they must already have enough experience. But for common investors or new investors, they are better to avoid to invest in new projects. Finding good new projects are difficult now, most of them just survive in a short time. It is not only about the competition, but the quality of new projects are decreasing. Many of them have weak fundamentals and have no clear future. We must be more careful to choose the new projects nowadays.



Right? Experience investors are more aware of what to look for and what risks they are getting themselves and their money into so investing in new projects are easier for them. However, new investors are still grasping the system and are more prone to getting scammed. That is why it is recommended for them to invest to already established projects.

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August 12, 2023, 11:56:37 AM
 #84

So my question is: is this market still profitable for new projects?
The market will always flourish in every viable sector, and new projects would continue to be unveiled, it's you or the player that needs to be more creative and think to either better the existing market or create new ideas. As it is, if you don't have anything new to offer the existing market, you could still tap into it by increasing capitalization with better revolutionary ideas that would challenge the existing competition.

You can do this and make headway through a better approach to marketing, influencing, packaging, servicing and management.

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August 12, 2023, 03:18:16 PM
 #85

I think it is still okay, there are some investors who only looking for new project so they can have chance to earn profit. I saw many dead coin in local exchange, that only matter of time the price of it become zero. the competition is getting tighter so the quality should be higher so those new project can get more investors.
If they are experienced investors, it is no problem to invest in new random projects. They know well how to take profits from the projects because they must already have enough experience. But for common investors or new investors, they are better to avoid to invest in new projects. Finding good new projects are difficult now, most of them just survive in a short time. It is not only about the competition, but the quality of new projects are decreasing. Many of them have weak fundamentals and have no clear future. We must be more careful to choose the new projects nowadays.



Right? Experience investors are more aware of what to look for and what risks they are getting themselves and their money into so investing in new projects are easier for them. However, new investors are still grasping the system and are more prone to getting scammed. That is why it is recommended for them to invest to already established projects.

Established projects, old project also has no guarantee that it will not crash or cause damage to newbies. In my opinion, newbies should stay away from all altcoins and should just focus on bitcoin and spend a lot of time cultivating knowledge. The altcoin market is very risky, it is no different from gambling than investing, so even experienced investors are not guaranteed to make a profit from it, let alone novices.

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August 12, 2023, 05:52:37 PM
 #86

I think it is still okay, there are some investors who only looking for new project so they can have chance to earn profit. I saw many dead coin in local exchange, that only matter of time the price of it become zero. the competition is getting tighter so the quality should be higher so those new project can get more investors.
If they are experienced investors, it is no problem to invest in new random projects. They know well how to take profits from the projects because they must already have enough experience. But for common investors or new investors, they are better to avoid to invest in new projects. Finding good new projects are difficult now, most of them just survive in a short time. It is not only about the competition, but the quality of new projects are decreasing. Many of them have weak fundamentals and have no clear future. We must be more careful to choose the new projects nowadays.



Right? Experience investors are more aware of what to look for and what risks they are getting themselves and their money into so investing in new projects are easier for them. However, new investors are still grasping the system and are more prone to getting scammed. That is why it is recommended for them to invest to already established projects.

Established projects, old project also has no guarantee that it will not crash or cause damage to newbies. In my opinion, newbies should stay away from all altcoins and should just focus on bitcoin and spend a lot of time cultivating knowledge. The altcoin market is very risky, it is no different from gambling than investing, so even experienced investors are not guaranteed to make a profit from it, let alone novices.
Right you are, Profits cannot be guaranteed for any crypto project.  And when it comes to a new project it is even more risky. So people who are new to crypto or don't know how to research a project well should not focus on anything other than Bitcoin for now. And I think investing following DCA is a good strategy if planning to invest on something else. Then there will be less chance of big loss which will be in our ability



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August 12, 2023, 06:30:13 PM
 #87

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Yes it is. I don’t think the market will continue to exist if they are not in profits. However, not all new projects will bring profits to the market. Some would only create hype at the beginning but will definitely lose their essence later on. While others have certainly potential and promising projects that will continue to attract the investors and will bring massive profits to the market.

Furthermore, there’s always a room for growth and improvement. If those new projects are not appealing, they can always revise their platform and create new and impressive one.

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August 12, 2023, 09:58:31 PM
 #88

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Definitely yes. New projects are certainly not all scams but I must say a lot of them are unreliable, and only few have the potentials and can be trusted. So with that few remaining, they will still make the market profitable and productive provided that these coins will continue to grow and prosper in the next months and years.

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August 13, 2023, 04:11:18 AM
 #89

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

There is always room for improvement. The market is somewhat stabilised at the moment, so there is a bombardment of new projects. If the project is viable and has something innovative in it, I am sure it will be a success. The Majority of the projects in the market are old concepts with some newer versions. Until and unless the project is exceptional, it might not gain the attention of investors.
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August 13, 2023, 10:09:56 AM
 #90

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

There is always room for improvement. The market is somewhat stabilised at the moment, so there is a bombardment of new projects. If the project is viable and has something innovative in it, I am sure it will be a success. The Majority of the projects in the market are old concepts with some newer versions. Until and unless the project is exceptional, it might not gain the attention of investors.
This is a given. New ideas and innovative ones can easily attract attention and will surely gather interest. With that many will buy and the rate of investors will for that product or services will rise. It's that simple. If your idea is nothing new then it will not be as interesting as the others cause it will not stand out. Buyers and investors loves new things.

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August 13, 2023, 02:06:19 PM
 #91

So my question is: is this market still profitable for new projects?
I guess every newbie who's interested in cryptocurrency will ask this same question out of perplexity. I asked too. A few months after I registered here (2017) I was alarmed when I saw the preponderance of ICO projects being registered on a daily. Those projects were rushing to the market like the industry would soon go out of business. Total listed cryptos when I registered here was around 750 from CMC data. Today, there are well over 10,000 listed coins and tokens according to data from Coingecko site.

If it weren't profitable being in this industry the numbers won't be on a steady increase. To answer your question – Yes, it's still profitable for new projects. It will even get more interesting when the bull rally starts after Bitcoin halving.

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August 13, 2023, 02:23:02 PM
 #92

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
When a project launches in the market, it aims to be profitable. Many projects are created every day. There are many projects that succeed and people get huge profits from them but many projects that are mostly scams. Those who invest in new projects invest with the intention of making a profit but many times it is seen that the projects cheat the investors. If I market projects that are good and will move forward in the future, it is possible to make a profit. But there are many projects that are brought to the market in the current market and they only come with the hope of making some amount of profit. But I think that it is definitely possible to profit from the position of the market with any new project, it will mainly depend on the future of a project.

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August 13, 2023, 03:34:26 PM
 #93


But there are many projects that are brought to the market in the current market and they only come with the hope of making some amount of profit. But I think that it is definitely possible to profit from the position of the market with any new project, it will mainly depend on the future of a project.

I'm sure we are going to see more coins in the market during the expected bull of next halving. Usually developers target to push out their project during this time because they know there are investors who want easy and fast money because of the hype of the time. So it is wise to also be careful in the investment at that time because some project that will enter the market will shortly be delisted from their exchange because of low volume.

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August 13, 2023, 03:56:46 PM
 #94

There is always room for improvement. The market is somewhat stabilised at the moment, so there is a bombardment of new projects. If the project is viable and has something innovative in it, I am sure it will be a success. The Majority of the projects in the market are old concepts with some newer versions. Until and unless the project is exceptional, it might not gain the attention of investors.

From what I see now, the stability of market conditions is still a bit lacking at the moment so there won't be that many successful projects and even if there are successful ones after the bombardment as you said, I think it only happens to a few projects that where they were only successful in the short term. Because these new projects are still not necessarily able to survive in the long term if they are not able to compete with old projects that already have products at a very established level.

Although a minority of investors still like to take advantage of new projects to gain profits in the short term before they forget about it. Because the profits from new projects can also be used by investors for better assets such as Bitcoin and other cryptocurrencies that are already more popular and better on the market.
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August 13, 2023, 04:24:39 PM
 #95

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.
Everyone goes into business on new projects every day and technological developments make anyone have the opportunity to create new projects and they always come up with the best service according to their version every day. The goal was still to make a profit and they didn't think too long term about developing the new project.

So my question is: is this market still profitable for new projects?
Not all new projects can be profitable and also not many new projects are able to sustain themselves in the market. My question is whether you will choose one of them to benefit or stop following a new project that does not have the strength to defend itself in the long term.

Any new project developer will definitely see the potential and they will try to make their product the choice of many people, but speaking of opportunities in improvement, maybe not all products have a good chance in the long term. Most new projects end up on their own without further development, so they end up being left as they are with nothing left.

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August 13, 2023, 09:23:03 PM
 #96

I think it is still okay, there are some investors who only looking for new project so they can have chance to earn profit. I saw many dead coin in local exchange, that only matter of time the price of it become zero. the competition is getting tighter so the quality should be higher so those new project can get more investors.
If they are experienced investors, it is no problem to invest in new random projects. They know well how to take profits from the projects because they must already have enough experience. But for common investors or new investors, they are better to avoid to invest in new projects. Finding good new projects are difficult now, most of them just survive in a short time. It is not only about the competition, but the quality of new projects are decreasing. Many of them have weak fundamentals and have no clear future. We must be more careful to choose the new projects nowadays.

What exactly kind of project are we considering, we know quite alright a number of crypto projects coming in daily and how it appears very difficult to find a reliable ones to invest in, this same new ways of introducing crypto projects us very easy and at more convenient for any kind to come onboard even though they lack the financial capacity to stand and exist for long and such are part of the reasons why we see the incident of increasing scam rate in crypto projects, investors have lost on countless occassions reasonable amount of investment assets in them and they later fail.

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August 13, 2023, 09:52:03 PM
 #97

Established projects, old project also has no guarantee that it will not crash or cause damage to newbies. In my opinion, newbies should stay away from all altcoins and should just focus on bitcoin and spend a lot of time cultivating knowledge. The altcoin market is very risky, it is no different from gambling than investing, so even experienced investors are not guaranteed to make a profit from it, let alone novices.
For newbies, Bitcoin should be the most recommended one. Even if they want to invest in altcoins, they only invest in Ethereum. I think there is no problem to invest in Ethereum, the pattern of Ethereum price looks quite similar with Bitcoin. Ethereum is also the king of altcoins, it is already proven for many years. So, it is no problem to choose altcoins, but only choose Ethereum.

Sure, altcoins are riskier, the prices of altcoins are more volatile. But basically, both Bitcoin and altcoins are high risk investment. There is no significant difference between them if we consider the risk. No crypto coin is secure to invest, no guarantee for profits both in BTC and altcoins.


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serjent05
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August 13, 2023, 10:28:38 PM
 #98

I think it is still okay, there are some investors who only looking for new project so they can have chance to earn profit. I saw many dead coin in local exchange, that only matter of time the price of it become zero. the competition is getting tighter so the quality should be higher so those new project can get more investors.
If they are experienced investors, it is no problem to invest in new random projects. They know well how to take profits from the projects because they must already have enough experience. But for common investors or new investors, they are better to avoid to invest in new projects. Finding good new projects are difficult now, most of them just survive in a short time. It is not only about the competition, but the quality of new projects are decreasing. Many of them have weak fundamentals and have no clear future. We must be more careful to choose the new projects nowadays.

What exactly kind of project are we considering, we know quite alright a number of crypto projects coming in daily and how it appears very difficult to find a reliable ones to invest in, this same new ways of introducing crypto projects us very easy and at more convenient for any kind to come onboard even though they lack the financial capacity to stand and exist for long and such are part of the reasons why we see the incident of increasing scam rate in crypto projects, investors have lost on countless occassions reasonable amount of investment assets in them and they later fail.

Not only the financial capacity but also lacking in originality, innovations, and applications.  Most of these crypto projects that are launched in regular manners are here just for a money grab.  Even implementing taxes upon purchase and upon selling to fund the future move of the project.  That is a clear robbery!  Are these types of projects saying that all the money collected will not be used on the project?  There should be no reason for them to even hold part of the token because they have funds coming from sales, to begin with.

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August 14, 2023, 01:57:07 AM
 #99

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
as long as you will provide new and innovative projects? with legit plans and not crocky ? i think New projects will succeed .
always consider the investors and believers side, and not only your profit because that will be the beginning of no legitimate connection from owner and the investors.

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August 14, 2023, 02:00:59 AM
 #100

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
New projects always have a good opportunity in any market conditions as long as the new project can offer a renewable innovation that has not existed before.

Well this is about how we should be able to appear different from other businesses. And this is about how we should be able to better satisfy the desires and expectations of customers in the business areas that we enter.
And it's about how we have to be the solution to every problem a customer has. If we have not been able to make renewable innovations. So of course it is not easy to survive in today's market. Because competition in the same product is very tight.

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Ayers
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August 14, 2023, 03:50:28 AM
 #101

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
as long as you will provide new and innovative projects? with legit plans and not crocky ? i think New projects will succeed .
always consider the investors and believers side, and not only your profit because that will be the beginning of no legitimate connection from owner and the investors.

The problem is not in the success or failure of new projects. The point is that to attract newbies and new investors to the market, market makers need to create new games and massive hype. And that is why the market will always need new projects. Just like many people assume that trends and meme projects will die and go away. But I think it will always be around and will be a powerful tool for market makers to use to generate hype to attract newbies to the market. New projects and especially meme projects will always be a hot topic whenever the bull season approaches.

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August 14, 2023, 05:35:28 AM
 #102

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
as long as you will provide new and innovative projects? with legit plans and not crocky ? i think New projects will succeed .
always consider the investors and believers side, and not only your profit because that will be the beginning of no legitimate connection from owner and the investors.

The problem is not in the success or failure of new projects. The point is that to attract newbies and new investors to the market, market makers need to create new games and massive hype. And that is why the market will always need new projects. Just like many people assume that trends and meme projects will die and go away. But I think it will always be around and will be a powerful tool for market makers to use to generate hype to attract newbies to the market. New projects and especially meme projects will always be a hot topic whenever the bull season approaches.

What do you say and if I see, The concept is clear, that each of their products (New project Coin / token) must be realized in the market and must be sold, meaning that there are many patterns that they have to try to be able to attract beginners as well as new investors to the market with various ways. Yes. Interesting from that other angle because Crypto is often a form of social investment. The discussed AI Coins, Defi 2.0, and Meme Coins for example have high hype and can often cause crypto coins to explode quickly.

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August 14, 2023, 05:55:03 AM
 #103

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

The sad reality is that most of the altcoin projects are made to scam the people and there are few which have a perfect good use case. So given this situation, the market will always be profitable for new projects.

I can give another real world example of this. When the internet came into being, there were thousands of sites which were made and were profitable. Even after so many years, if you build up your new site (project) today, it can be successful too. So, if we relate this, then blockchain projects will always be profitable if made with the right intentions.

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August 14, 2023, 06:19:20 AM
 #104

Quote from: Trawda
So my question is: is this market still profitable for new projects?

Yes, there are many investors still making profits from new projects in the market because their teams are doing positive things in the market that will make their investors to feel that the projects will go a long way to Favou those that will invest in it in this season. Now that the price of Bitcoin is preparing to increase higher in the market, show that many coins price will definitely increase higher too to allow their investors to release their coins for sale and to prepare for another bearish market that will take over after the bullish market. I will advice you, to try and invest in a potential new projects in this season because there is a favour ahead to such people that will take the risk in this season to smile tomorrow when the market price increase higher to look good to the eyes of the investors.

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August 14, 2023, 06:37:34 AM
 #105

Quote from: Trawda
So my question is: is this market still profitable for new projects?

Yes, there are many investors still making profits from new projects in the market because their teams are doing positive things in the market that will make their investors to feel that the projects will go a long way to Favou those that will invest in it in this season. Now that the price of Bitcoin is preparing to increase higher in the market, show that many coins price will definitely increase higher too to allow their investors to release their coins for sale and to prepare for another bearish market that will take over after the bullish market. I will advice you, to try and invest in a potential new projects in this season because there is a favour ahead to such people that will take the risk in this season to smile tomorrow when the market price increase higher to look good to the eyes of the investors.
if it's not profitable, why are there still so many new projects popping up to this day? Even though some of them are scams, there are still projects that have good potential in the future, so new projects are still feasible. however, to analyze the new project requires good skills, otherwise it will be a big risk to invest in a new project. there are a number of new projects that are currently being discussed, such as sui, arkham, and that is the hope for crypto development, especially in a bearish season like now, when the bullish season comes, there will be great potential to join in

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August 14, 2023, 06:57:54 AM
 #106

Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry

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August 14, 2023, 08:07:57 AM
 #107

Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry

Maybe you havent noticed any new projects, because you are used to ICO-bounty kind of thing? I agree that we have less new projects nowadays, but we still have plenty of them. Like all those bridges for example. Like LayerZero. And I bet you've heard about Sui blockchain, Aptos, Base. How is this not new? I bet you've heard about retrodrops that people do in search of luck and easy money. All these are new projects with millions of investments.

R


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August 14, 2023, 08:26:05 AM
 #108

Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry

Maybe you havent noticed any new projects, because you are used to ICO-bounty kind of thing? I agree that we have less new projects nowadays, but we still have plenty of them. Like all those bridges for example. Like LayerZero. And I bet you've heard about Sui blockchain, Aptos, Base. How is this not new? I bet you've heard about retrodrops that people do in search of luck and easy money. All these are new projects with millions of investments.

Now he's still talking about ICOs, which makes me feel like he's not up to date with market data and just focused on bitcoin. Yes, we have a lot of potential projects in the early stages and they will likely be the ones that will bring hype in the next bull season. But to be honest Aptos, SUI or layerZero are being evaluated as potential projects but I believe they will also have a not so good ending like Solana, Near or Avax in the last bull season. Altcoins were created for hype for a while and will soon be forgotten after that. Therefore, investing in altcoins should only be considered short-term.

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August 14, 2023, 09:58:48 AM
 #109

The sad reality is that most of the altcoin projects are made to scam the people and there are few which have a perfect good use case. So given this situation, the market will always be profitable for new projects.

I can give another real world example of this. When the internet came into being, there were thousands of sites which were made and were profitable. Even after so many years, if you build up your new site (project) today, it can be successful too. So, if we relate this, then blockchain projects will always be profitable if made with the right intentions.
Your statement is very true and there are many examples that might be used as references regarding the development of a new project. The question that should be asked is not whether it is profitable or not, but whether we can benefit from the new project that has been launched? there are many new projects launched and there are also many people who might benefit, after that the projects are abandoned and there is no prospect in the long term. Sometimes many investors expect short-term profits and they never think about how the project will develop in the long term, the concept may vary from one investor to another in generating profits for the development of new projects launched.

For example some cases of new projects have ever existed and they were affected by the hype, when many investors benefit from the project, there is no possibility that the project development can continue in the long term or not. The fact is not the long-term prospects that some people are looking for, but how they can profit from every opportunity they have and vice versa with us.

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August 14, 2023, 10:44:11 AM
 #110

-snip-

So my question is: is this market still profitable for new projects?
If I say it depends on the type and commitment of the project, would you believe it?

There is a possibility that new projects that are constantly being born will end up going extinct on their own because most projects are born just for the company's profit even though at the beginning they look so convincing.
There is a market effect that will enter the bull run phase, so many projects are born by many companies. Maybe in 1,000 there are two that can bring profits to investors. The investor in question is an investor who can assess each of the new projects.

R


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August 14, 2023, 05:24:16 PM
 #111

I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.
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August 14, 2023, 09:19:43 PM
 #112

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

why not, even today there are still many new projects that have made huge profits from curious investors and also support their projects, even so not all projects will make a profit, the performance of the reputation of the development team is also needed because there have been many scam projects that have turned out to lose investors so that they are deterred from the crypto market. if you are a developer then try to provide products that have a use case to potential investors, don't just sell dreams because it won't be effective anymore.



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August 14, 2023, 09:29:34 PM
 #113

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
Not totally unless if that project possesses a strong appeal to the community. What I mean is that if that project has the potential and use case, it was not impossible to gain attraction to investors and grow. But if that is just a shitcoin, a worthless project - we are too certain that people will only junk it and ignore it. Of course, with the tough market competition this time, only a project that has value and potential remains and I was sure that these developers are of that that is why they have to do something that would attract massive investors.

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rikybrosh
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August 15, 2023, 12:36:24 AM
 #114

Are there new projects lately ? Because in the last year , personally , I didn't find any great crypto project than can have a real future but maybe I didn't search good enough. More than this , the ICO era is well gone and I think we will be invaded with new projects as soon as Bitcoin price will enter in a bull run period and all of a sudden , tons of projects will emerge out of nowhere promising that they will make us rich...the same old story. Angry
I think there is no great project lately, there is significant quality difference between project in the past and now. in my opinion , there are many project in the past that created by great people unlike now. I think it is because those great people saw that this forum is very crowded so they saw that there is big opportunity to create successful cryptocurrency related project in this forum. but now, I think this forum is not as crowd as before. I wonder, what's make new people don't stay to active in this forum. I am afraid that great developers are not interested to create cryptocurrency related project because the opportunity to gain capital in crowdsale become smaller as the crowd of this forum is decreased. I hope the situation will be better in the future.

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August 15, 2023, 01:11:50 AM
 #115

I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.
I feel like it's overdone and it's not really a good way to get rid of things. I think it's quite important to realize that we are at a stage where things going to be a bit more important than "pay them some money and they make the project" type of thing. It's just not sensible to keep it going that way, we need to change that one way or another.

It would of course mean that we are going to end up with something that changes the whole system eventually. We should stop paying people to build projects, that system can't go on, and I know that we are not going to end up with anything profitable as long as our aim is to make someone else rich, and by paying the devs to make projects, only thing we achieve is make them richer.

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August 15, 2023, 01:47:52 AM
 #116

I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.
New projects this year are not as many as last year. But this year many big projects have sprung up. Such as layer 1 and layer 2 projects. And most recently, we know that SEI will soon be listed on Binance. But for small projects at this time there are still not too many popping up. It's just that slowly small projects have started to emerge, although not many. I think the current market will encourage more new projects to emerge. But at the start of 2023 we witnessed a lot of AI token projects. but that was short lived and the hype ended quickly. Then it was followed by the Meme token hype and well it all ended quickly too. And for now there is no other hype that has appeared. But I believe that today's market will bring more new projects.

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dothebeats
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August 15, 2023, 11:33:02 AM
 #117

I don't remember the year exactly, but we used to see good number of ico getting launched often. Nowadays those have decreased much and the new projects only valued if they have fulfilled big expectation of common people. It is always good to stand some time between us. I've seen good projects reaching the market. Everyone requests in a much simple manner and the luck also the deciding factor.
New projects this year are not as many as last year. But this year many big projects have sprung up. Such as layer 1 and layer 2 projects. And most recently, we know that SEI will soon be listed on Binance. But for small projects at this time there are still not too many popping up. It's just that slowly small projects have started to emerge, although not many. I think the current market will encourage more new projects to emerge. But at the start of 2023 we witnessed a lot of AI token projects. but that was short lived and the hype ended quickly. Then it was followed by the Meme token hype and well it all ended quickly too. And for now there is no other hype that has appeared. But I believe that today's market will bring more new projects.
The thing is that it's not difficult to come up with new ideas. There is a lot popping up from everywhere across the world. The thing that is hard is gathering interest in it, making it work, and facing the harsh competition in the market. It's easy to start but keeping it up is the one where a lot of projects are struggling with. Much like your example of the Meme token where the hype was in such a high scale but it ended too quickly that it did not make much of a mark.

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August 15, 2023, 03:29:08 PM
 #118

Crypto market is very anxious and a least competitive market, so I think new projects are not very profitable.  Until the market recovers, new projects will take a long time to succeed.  At present new projects cannot get a lot of investors because it depends on the project.  I think some new projects may have the potential to do well when there is a bullish movement in the crypto market soon.  I haven't seen anything good from most of the new projects.  If a project really wants to be successful then they must keep in mind whether the project has a good roadmap, why to invest and what are the benefits for the investors.

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August 15, 2023, 04:30:48 PM
 #119

The market has nothing to do with the increasing population. The market even needs more population. Bitcoin has made the market more competitive and the new projects that are coming into the space are also benefiting. My answer to your questions is yes the projects can still do well in the market if they are legit/genuine with their activities. And now that we have not entered the bullish market, this is the best time for new projects to kick start their work so that when the bull season comes, they will also be beneficiaries. And since your are saying "New Projects" one thing you have to know is the involvement of your customers which you must include to your plan. That is your target audience in the project. If you do your home work well then there is no way you won't make profit.
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August 15, 2023, 04:48:35 PM
 #120

Yes, there are many investors still making profits from new projects in the market because their teams are doing positive things in the market that will make their investors to feel that the projects will go a long way to Favou those that will invest in it in this season. Now that the price of Bitcoin is preparing to increase higher in the market, show that many coins price will definitely increase higher too to allow their investors to release their coins for sale and to prepare for another bearish market that will take over after the bullish market. I will advice you, to try and invest in a potential new projects in this season because there is a favour ahead to such people that will take the risk in this season to smile tomorrow when the market price increase higher to look good to the eyes of the investors.
Thanks for the advice, this is what I'm working on. Maybe there will be a project in the near future, but first we need to prepare and study the market situation.
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August 15, 2023, 08:25:56 PM
 #121

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
The market will also grow along with the huge increase in new projects. And the more new projects that are becoming visible, the number of investors and its users will definitely come to grow. That’s why no matter how saturated the market is, it will never stop from being profitable especially if these new rising projects have huge potentials to grow and develop in the future. Learn the fact that new projects only arise if they still see growing demands from the market itself.
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August 16, 2023, 02:31:08 AM
 #122

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
The market will also grow along with the huge increase in new projects. And the more new projects that are becoming visible, the number of investors and its users will definitely come to grow. That’s why no matter how saturated the market is, it will never stop from being profitable especially if these new rising projects have huge potentials to grow and develop in the future. Learn the fact that new projects only arise if they still see growing demands from the market itself.
actually there are benefits of new projects developing during a bearish season like today, with a small rate we can invest in a larger amount of crypto, which is a benchmark of course the bullish season will come and to survive and grow until that season arrives it will get a much bigger profit, on the other hand if a project has a clear product, I think it will be more profitable, because it will still be needed by many people, so that the continuity of the project will be able to run in accordance with the road map that has been set

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August 17, 2023, 12:34:44 AM
 #123

Project competition is currently very tight, if in 2015 to 2017 there were many successful projects that reached hardcap but currently many projects fail to reach the minimum or softcap, even I see the minimum softcap for new projects is only 50 BNB or around $12,500 but fails to reach softcap , but another fact is that there are new projects that have reached millions of dollars.


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August 18, 2023, 12:41:14 PM
 #124

Project competition is currently very tight, if in 2015 to 2017 there were many successful projects that reached hardcap but currently many projects fail to reach the minimum or softcap, even I see the minimum softcap for new projects is only 50 BNB or around $12,500 but fails to reach softcap , but another fact is that there are new projects that have reached millions of dollars.
During 2015-2017, many indeed reached their hard caps; however, this achievement did not guarantee the smooth execution of the projects' roadmaps. Merely a fraction, less than 10% of projects, have managed to thrive up to the present day. Even in cases where hard cap fundraising was achieved, a significant number of developers vanished, enticed by the funds amassed.

From this backdrop, investors came to the realization that there exists no room for reinstating trust in projects engaging in crypto fundraising endeavors. This is especially true for developers lacking substantial skills or a commendable portfolio.

The triumph of a project isn't gauged by how effectively they raise funds, but rather hinges on the seamless realization of the meticulously planned roadmap.

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August 18, 2023, 01:21:13 PM
 #125

Project competition is currently very tight, if in 2015 to 2017 there were many successful projects that reached hardcap but currently many projects fail to reach the minimum or softcap, even I see the minimum softcap for new projects is only 50 BNB or around $12,500 but fails to reach softcap , but another fact is that there are new projects that have reached millions of dollars.
During 2015-2017, many indeed reached their hard caps; however, this achievement did not guarantee the smooth execution of the projects' roadmaps. Merely a fraction, less than 10% of projects, have managed to thrive up to the present day. Even in cases where hard cap fundraising was achieved, a significant number of developers vanished, enticed by the funds amassed.

From this backdrop, investors came to the realization that there exists no room for reinstating trust in projects engaging in crypto fundraising endeavors. This is especially true for developers lacking substantial skills or a commendable portfolio.

The triumph of a project isn't gauged by how effectively they raise funds, but rather hinges on the seamless realization of the meticulously planned roadmap.


But for developers to be able to maintain and grow the project seamlessly, they need capital and sponsors. If you don't have money, no matter how great an idea you have, how are you going to execute it? Moreover, if your fundraising goes smoothly, it shows that your ideas and projects are very interested and expected by people. While successful fundraising does not guarantee that it will be a successful project, it clearly demonstrates your project is better than the projects that failed at the beginning of the funding round.

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August 18, 2023, 02:21:28 PM
 #126

New projects are not so reliable, there are many investors who have lost a lot of money by investing in new projects, so those investors do not like to invest in new projects now. I have realized this myself, some new projects I have invested in, those new projects showed a lot of potential in the beginning, but later those projects disappeared from the market. Looking at the new project at the moment, it seems that this project is designed to cheat. So right now I don't believe in new projects so much now when I invest I invest in bitcoin because bitcoin can never be trusted as much as other coins or new projects, from that place of trust I now invest in bitcoin. I think it is the best platform ever.
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August 18, 2023, 04:27:27 PM
 #127

The triumph of a project isn't gauged by how effectively they raise funds, but rather hinges on the seamless realization of the meticulously planned roadmap.

Yes, I agree with you on this point. It is not important how much money is collected in the project, but rather the extent of success is measured by the extent of achieving the goals in the roadmap and the time it takes. We see many of these projects stopped at a certain point after they collected a lot of money.
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August 18, 2023, 05:08:54 PM
 #128

Yes, I agree with you on this point. It is not important how much money is collected in the project, but rather the extent of success is measured by the extent of achieving the goals in the roadmap and the time it takes. We see many of these projects stopped at a certain point after they collected a lot of money.

Projects that stop at a certain point after getting more money are immature projects and usually the project manager also does not have a sense of responsibility to continue developing the project according to the existing roadmap. So that not a few investors are disappointed due to their failure after investing in these immature projects and that is the reason why until now there are not many new projects with almost the same concept.

Because in the end it will stop in the middle of the road and investors also don't want to believe anymore if the basis of the project is still not clear. Because what really hurts when the project stops is the investor, after that it is the promotion party because they have spent a lot of time doing promotions without pay.
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August 19, 2023, 01:08:36 PM
 #129

The triumph of a project isn't gauged by how effectively they raise funds, but rather hinges on the seamless realization of the meticulously planned roadmap.

Yes, I agree with you on this point. It is not important how much money is collected in the project, but rather the extent of success is measured by the extent of achieving the goals in the roadmap and the time it takes. We see many of these projects stopped at a certain point after they collected a lot of money.
It's true that I also see many new projects that fail to continue the Roadmap they made. And finally the project stopped in the middle of the road. But sometimes a new project that doesn't meet the roadmap they made is indeed a project that was not taken seriously. Or they just create a new project to raise money and leave. The roadmap they make is sometimes very beautiful for us to see. But the reality is they can't run every process on the roadmap. Sometimes their projects end up in migrating tokens and so on. And the funny thing is that in the new token they even dare to make a presale again. There are a lot of such projects nowadays that are probably created to deceive people who don't really know crypto or beginners who still don't have a lot of experience in crypto.

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August 19, 2023, 01:59:18 PM
 #130

At present, the market of new projects in the crypto market is not profitable in most cases the new projects are scamming. They try to deceive by creating various traps newbies are more at risk because they have less knowledge about crypto and trust new projects easily. Although these projects show good performance in the beginning they cannot survive till the end. It is better to invest in currencies like bitcoin than new projects there will be profit and there will be no fear of running away. Cryptocurrency prices fluctuate constantly in the moving market. To profit from these price changes for example buy bitcoin or ethereum when the price is low and sell when the price rises.

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August 19, 2023, 02:31:17 PM
 #131

At present, the market of new projects in the crypto market is not profitable in most cases the new projects are scamming. They try to deceive by creating various traps newbies are more at risk because they have less knowledge about crypto and trust new projects easily. Although these projects show good performance in the beginning they cannot survive till the end. It is better to invest in currencies like bitcoin than new projects there will be profit and there will be no fear of running away. Cryptocurrency prices fluctuate constantly in the moving market. To profit from these price changes for example buy bitcoin or ethereum when the price is low and sell when the price rises.

What you are describing about altcoins and new projects is not wrong. But one thing that we cannot deny is that the market needs new projects, especially shitcoin and memecoin projects. If you notice whenever the bull market comes, there will be many new and hyped projects to attract new investors into the market. Without new projects generating profits of thousands of percent, millions of percent, it is very difficult to create a real bull market. And without those scam projects, people would never realize that only bitcoin is worth investing in. Most people who have a strong belief in bitcoin have experienced losses when investing in altcoins.

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August 22, 2023, 11:17:56 PM
 #132

So my question is: is this market still profitable for new projects?
Few project that got launched might be doing well but the numbers of projects struggling or that have winded up as a result of the bearish market condition are numerous. I know few projects that have products under development. From the roadmap they are way beyond the time slated for launching, and whenever they are asked about launching, they kept saying they are waiting for a favourable market condition. My guess is they are waiting for the bull season before launching. The moment the bull season kicks in, the crypto space will be flooded with many projects because many developers see it as the right time to launch their projects.

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August 23, 2023, 03:50:33 PM
 #133

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
The market will also grow along with the huge increase in new projects. And the more new projects that are becoming visible, the number of investors and its users will definitely come to grow. That’s why no matter how saturated the market is, it will never stop from being profitable especially if these new rising projects have huge potentials to grow and develop in the future. Learn the fact that new projects only arise if they still see growing demands from the market itself.

There isn't anytime that new projects can't come, be it bull or bear. Although more new projects come to the space during bull. This is because investors believe must project do well during this period. This make them invest more when compare to the bear season.

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August 23, 2023, 08:31:43 PM
 #134

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
The market will also grow along with the huge increase in new projects. And the more new projects that are becoming visible, the number of investors and its users will definitely come to grow. That’s why no matter how saturated the market is, it will never stop from being profitable especially if these new rising projects have huge potentials to grow and develop in the future. Learn the fact that new projects only arise if they still see growing demands from the market itself.

There isn't anytime that new projects can't come, be it bull or bear. Although more new projects come to the space during bull. This is because investors believe must project do well during this period. This make them invest more when compare to the bear season.
When the market would be already on that bull season or bull run then it is already understandable that project owners or devs would really be spamming out the hell of new coins in the market. Why? Everyone is

being hyped up and this is the thing i had noticed on those previous bull run on which people or investors are already that eagerly trying out to make investment without even trying out to make some research first before they would really be making such step or really making out such decision on which they do really end up on being scammed or being rug pulled because of that FOMO thing. If you arent that careful and watchful about your investment. Projects could really launched whether on a bear or bull market which it is really indeed a continous phase and something that people should really be wary on making
investment decisions.

Profitable for new projects? As long theres investors who would really be that minding or making decisions about investing then it would really be having that continous flow of money which
would really be funding out even with those shit projects.

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August 23, 2023, 10:29:59 PM
 #135

Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?
The market will also grow along with the huge increase in new projects. And the more new projects that are becoming visible, the number of investors and its users will definitely come to grow. That’s why no matter how saturated the market is, it will never stop from being profitable especially if these new rising projects have huge potentials to grow and develop in the future. Learn the fact that new projects only arise if they still see growing demands from the market itself.

There isn't anytime that new projects can't come, be it bull or bear. Although more new projects come to the space during bull. This is because investors believe must project do well during this period. This make them invest more when compare to the bear season.
We have lots of new projects in the market that are doing very well in the market competing with other old projects that had been in the market. Projects like Pepe, Shiba Inu etc was able to compete with old projects in the market which is what new project need to survive in the market.

 Those who had been in the market for long and knows the secret of promoting there project to be successful will always keep that to there self so that there will be lesser competition from other new projects in the market. If a project has enough funds then it will be able to run ads and promote it on different platforms.









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August 23, 2023, 11:38:01 PM
 #136

New projects are not so reliable, there are many investors who have lost a lot of money by investing in new projects, so those investors do not like to invest in new projects now. I have realized this myself, some new projects I have invested in, those new projects showed a lot of potential in the beginning, but later those projects disappeared from the market. Looking at the new project at the moment, it seems that this project is designed to cheat. So right now I don't believe in new projects so much now when I invest I invest in bitcoin because bitcoin can never be trusted as much as other coins or new projects, from that place of trust I now invest in bitcoin. I think it is the best platform ever.
The market is always open for new projects, but it is necessary to master the selection of the optimal local economy to launch the project according to the niche and the targeted customers. I mean, for example, it would not be profitable to invest in the tourism sector in a country that is going through security disturbances or has the possibility that it will go through security disturbances.
Depending on the field in which any new project will be launched, choosing the timing is also important in proportion to the general situation of the market and the needs that the project is supposed to meet.
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August 23, 2023, 11:40:55 PM
 #137

New projects are not so reliable, there are many investors who have lost a lot of money by investing in new projects, so those investors do not like to invest in new projects now. I have realized this myself, some new projects I have invested in, those new projects showed a lot of potential in the beginning, but later those projects disappeared from the market. Looking at the new project at the moment, it seems that this project is designed to cheat. So right now I don't believe in new projects so much now when I invest I invest in bitcoin because bitcoin can never be trusted as much as other coins or new projects, from that place of trust I now invest in bitcoin. I think it is the best platform ever.
The market is always open for new projects, but it is necessary to master the selection of the optimal local economy to launch the project according to the niche and the targeted customers. I mean, for example, it would not be profitable to invest in the tourism sector in a country that is going through security disturbances or has the possibility that it will go through security disturbances.
Depending on the field in which any new project will be launched, choosing the timing is also important in proportion to the general situation of the market and the needs that the project is supposed to meet.

and if i may add, what is the real intention in the first place of these people why they created such project? are they here to fulfill their objectives or just trying to screw naive individuals? because like it or not, most developers are only creating their project for the sole purpose of pocketing the funds of the project. promises and promises but no tangible results.
i would believe the potential of the project if it is already backed by solid and existing company. because they are also putting their name on the line, so they would want their project to succeed at all cost.

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August 23, 2023, 11:53:49 PM
 #138

So my question is: is this market still profitable for new projects?
Few project that got launched might be doing well but the numbers of projects struggling or that have winded up as a result of the bearish market condition are numerous. I know few projects that have products under development. From the roadmap they are way beyond the time slated for launching, and whenever they are asked about launching, they kept saying they are waiting for a favourable market condition. My guess is they are waiting for the bull season before launching. The moment the bull season kicks in, the crypto space will be flooded with many projects because many developers see it as the right time to launch their projects.
So true. I've also come across a lot of projects where their team says to launch and continue their roadmap when the market improves. But I've always had my suspicions about projects like that. Because the road map must still be passed and completed regardless of market conditions. Because I've seen a lot of new projects with the same reasons but after the market improved it turns out they didn't continue the projects they made at all. I prefer to look at big projects that have big investors in them.

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August 24, 2023, 06:15:19 AM
 #139

So my question is: is this market still profitable for new projects?
Few project that got launched might be doing well but the numbers of projects struggling or that have winded up as a result of the bearish market condition are numerous. I know few projects that have products under development. From the roadmap they are way beyond the time slated for launching, and whenever they are asked about launching, they kept saying they are waiting for a favourable market condition. My guess is they are waiting for the bull season before launching. The moment the bull season kicks in, the crypto space will be flooded with many projects because many developers see it as the right time to launch their projects.
So true. I've also come across a lot of projects where their team says to launch and continue their roadmap when the market improves. But I've always had my suspicions about projects like that. Because the road map must still be passed and completed regardless of market conditions. Because I've seen a lot of new projects with the same reasons but after the market improved it turns out they didn't continue the projects they made at all. I prefer to look at big projects that have big investors in them.

Looking to invest in big projects that already have big investors backing them is a smart thing. Not only because it gives the confidence that many businessmen and investors trust it, but it also says a lot about the project itself. It is an insurance that it has already been analyzed and assessed by current investors and the project passed their criteria, giving you an idea that the project will most likely be successful.

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August 24, 2023, 07:20:42 AM
 #140

So my question is: is this market still profitable for new projects?
Few project that got launched might be doing well but the numbers of projects struggling or that have winded up as a result of the bearish market condition are numerous. I know few projects that have products under development. From the roadmap they are way beyond the time slated for launching, and whenever they are asked about launching, they kept saying they are waiting for a favourable market condition. My guess is they are waiting for the bull season before launching. The moment the bull season kicks in, the crypto space will be flooded with many projects because many developers see it as the right time to launch their projects.
So true. I've also come across a lot of projects where their team says to launch and continue their roadmap when the market improves. But I've always had my suspicions about projects like that. Because the road map must still be passed and completed regardless of market conditions. Because I've seen a lot of new projects with the same reasons but after the market improved it turns out they didn't continue the projects they made at all. I prefer to look at big projects that have big investors in them.

such type of projects are often considered too significant to face failure due to their substantial involvement. Choosing to invest in in big projects would be a profitable and more secure move. It's true that this community has shown a track record of supporting sustainable projects, but the real question is the level of profitability it can offer. Newcomers tend to seek investments that can yield higher returns in a shorter time frame. However, this approach might not necessarily align with the concept of sound investments. While some might engage due to their belief and attractive deal, but the idea is completely wrong.

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August 24, 2023, 07:56:46 AM
 #141

There isn't anytime that new projects can't come, be it bull or bear. Although more new projects come to the space during bull. This is because investors believe must project do well during this period. This make them invest more when compare to the bear season.
True, any season of the market the newer projects will come no matter what. But what I have just noticed is that during the 2018 bear market, despite that there were still a few new projects at that time. Majority of the developers have stopped or probably have planned on how they shall enter the market again with their new projects. That was the toughest time for the crypto market because of that bear market, many have quit to invest into the newer projects because they've mostly affected.

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