Is the market still profitable for new projects?

[ajiz138]

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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[tjtonmoy]

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.

[ChiBitCTy]

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")

[Unbunplease]

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.

[usekevin]

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.

[Fatunad]

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.

[Adbitco]

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.

[goaldigger]

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.

[serjent05]

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.

[Smartvirus]

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.

[mv1986]

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?

[coin-investor]

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.

[tjtonmoy]

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.

[irhact]

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.

[Silberman]

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.

[molsewid]

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.

[bayu7adi]

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.

[Distinctin]

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.

[Yamifoud]

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.

[Mahanton]

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.