MundoCoin (OP)
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August 19, 2023, 12:08:14 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
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dansus021
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August 19, 2023, 01:42:40 AM |
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It is worth investing but with a dozen-ton of consideration since this is completely new the project could boom in a second or die in a second too.
Concept like metaverse project for now isn't really worth to invest since the tech currently not that advance and still small people that use metaverse thing. What the project you are talking about anyway
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goinmerry
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August 19, 2023, 03:11:26 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Read the entire use-case and analyze from there how that coin technology does make sense. Everything has the chance to have potential but it depends on: - how realistic the use-case is - is it really necessary to be applied or implemented - will it solve some of the usual issues in crypto and so on To the question, if it's worth investing, there's no accurate answer to that. Even with how potential the project is, without proper funding, good support, and unable to attract more investors, it might have a hard time achieving all those goals in the roadmap.
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wxa7115
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August 19, 2023, 03:22:38 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Make sure that the coin in which you are investing in is not vaporware, when bitcoin was released Satoshi did not had simply an idea on a piece of paper, he had a working software that people could use immediately. Many coins over the years have made all kind of promises on their white paper which were incredibly impressive, but they could not really make their vision a reality and as such the project failed, so do not let yourself be deceived with sweet words, ask for the developers to show something tangible and if they cannot do it then move on and forget about that coin.
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Husires
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August 19, 2023, 03:24:16 AM |
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If what they offer are solutions, continuous development and a clear vision for the current or next year, but if all they offer you is promises of quick profit and investment that will bring you a high return or you will become rich in a week, then it is a fraud. The golden opportunity is usually hidden and not known to many, but whenever many knew it and it was reported by the media and everyone wanted to invest in it, then it is the right time to sell.
In the altcoin market this represents less than 1%.
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Hypnosis00
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August 19, 2023, 03:34:04 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Not totally the assurance that it they will make it. Of course, a developer will say something promising in order to gain the trust and attention of the community making it believe that they can give the best thing possible. However, in many instances happens that they only just promise but have never happened in actual. This is why it was hard to determine if that project is worth investing in unless they will witness its performance. In fact, just like Bitcoin before, only it gains massive attention when it shows something different which makes people invest in it.
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Godday
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August 19, 2023, 05:01:16 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Of course it's potential but it doesn't guarantee that the project will be a success. In the past there were many projects that offered new technologies such as decentralized markets or metaverse technologies. This means that it takes in-depth research to see if the project is worth buying or if it will just be like several other projects that have failed.
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MundoCoin (OP)
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August 19, 2023, 05:34:58 AM |
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Yes, it's understandable. Whether or not a project is worth investing in, apart from innovation and the need to verify that the technology can achieve its goals and is not just an empty dream!
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MAAManda
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August 19, 2023, 06:39:50 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Everything that is revolutionary on the crypto side always has its place, we can see how Ethereum brings a new atmosphere with its Blockchain 2.0 which enables other tokens to run on its network. So, if the project you are talking about is really a differentiator from other projects, of course the project will get attention from the public and become a worthy investment. But wait, are you soft-shilling for MundoCoin? Because your username can be a representation of what you bring, LOL.
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LogitechMouse
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August 19, 2023, 06:49:53 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Yes it is. The only question is, is there any project who did that? There might be some in the past though I can't say the projects because I forgot them. I've seen projects in the past that offers a completely new technology, and it seems sustainable in the long run, but for whatever reason it is, it ends up as a failed project. Nowadays, a completely new concept is very rare already, and most of the new projects that are popping out of nowhere are just either a clone of an old project, or a project that integrates 2 use cases from 2 different old projects. I don't want to say that it's bad to copy, but that strategy will not be sustainable in the long run, and that's the reason why most of the projects are failing I think. Anyway, to answer your question on how to tell a new coin if it's worth investing in, there's no way to know it since you don't know the future of every new project. What's certain is that most of the new projects are ending up as a scam whatever the concept is, so in short it's hard to know. Yes, it's understandable. Whether or not a project is worth investing in, apart from innovation and the need to verify that the technology can achieve its goals and is not just an empty dream!
A representative of a new project. Your username speaks on the project that you want to advertise here. I guess good luck with your new project. Hoping that your project will be a successful one, your project will be different from what we are seeing already, and you will not scam investors.
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MundoCoin (OP)
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August 19, 2023, 06:51:36 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Everything that is revolutionary on the crypto side always has its place, we can see how Ethereum brings a new atmosphere with its Blockchain 2.0 which enables other tokens to run on its network. So, if the project you are talking about is really a differentiator from other projects, of course the project will get attention from the public and become a worthy investment. But wait, are you soft-shilling for MundoCoin? Because your username can be a representation of what you bring, LOL. Yes, honestly, I'm trying to start doing market research now, I think the only way to build a successful project is to understand the market needs and be able to successfully complete own idea.
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MundoCoin (OP)
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Activity: 33
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August 19, 2023, 07:06:45 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Yes it is. The only question is, is there any project who did that? There might be some in the past though I can't say the projects because I forgot them. I've seen projects in the past that offers a completely new technology, and it seems sustainable in the long run, but for whatever reason it is, it ends up as a failed project. Nowadays, a completely new concept is very rare already, and most of the new projects that are popping out of nowhere are just either a clone of an old project, or a project that integrates 2 use cases from 2 different old projects. I don't want to say that it's bad to copy, but that strategy will not be sustainable in the long run, and that's the reason why most of the projects are failing I think. Anyway, to answer your question on how to tell a new coin if it's worth investing in, there's no way to know it since you don't know the future of every new project. What's certain is that most of the new projects are ending up as a scam whatever the concept is, so in short it's hard to know. Yes, it's understandable. Whether or not a project is worth investing in, apart from innovation and the need to verify that the technology can achieve its goals and is not just an empty dream!
A representative of a new project. Your username speaks on the project that you want to advertise here. I guess good luck with your new project. Hoping that your project will be a successful one, your project will be different from what we are seeing already, and you will not scam investors. Thanks, I won't promote this project blindly because that doesn't make sense, the only thing to look forward to is to really understand the market demand and complete the new idea, only if you take it seriously, then you can succeed.
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Wexnident
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August 19, 2023, 07:11:17 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
It depends on what this "new" tech is. I mean, look at NFT, it was completely new and innovative back then but look at what happened. Look at what it's users made the scene be. While the idea was there, it basically ruined the market. Early on though I guess it was a good investment since literally everything was new, and the market was booming so you can get away with making a profit off of something no matter how bad it was. Just that, there's a LOT of worthwhile investment, idea-wise. Execution wise? They just run away really, scam their investors and get some bit of money off of that.
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MundoCoin (OP)
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August 19, 2023, 07:23:29 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
It depends on what this "new" tech is. I mean, look at NFT, it was completely new and innovative back then but look at what happened. Look at what it's users made the scene be. While the idea was there, it basically ruined the market. Early on though I guess it was a good investment since literally everything was new, and the market was booming so you can get away with making a profit off of something no matter how bad it was. Just that, there's a LOT of worthwhile investment, idea-wise. Execution wise? They just run away really, scam their investors and get some bit of money off of that. Yes, it's quite understandable that NFT was originally advertised as: the blockchainisation of copyright; everyone could make all sorts of NFTs on the blockchain, but in reality it just created a lot of 'useless images'. I can't comment on the usefulness of this technology, as more than one blockchain exists. Maybe in some regions and countries, a great one exists. In addition, the term "new technology" in this context is only a concept, and does not specifically refer to a particular idea. As I replied to others, I'm trying to understand the market and I don't think it's a bad idea.
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Yudhisthir
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August 19, 2023, 08:04:46 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
It's personal intuition and a bit of research that helps making the decision. If something new comes up, we should ask ourself first is it feasible? If it's feasible, is it useful? If it's useful, does it have enough market to grow? If it has a potential market, we should analyse if the current team is able to lead it into success, does they have good strategies set? Are they even legit person with experience of the market. If you well researched the coin you are investigating, even if things go wrong, you won't be at a loss.
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MundoCoin (OP)
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August 19, 2023, 08:41:51 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
It's personal intuition and a bit of research that helps making the decision. If something new comes up, we should ask ourself first is it feasible? If it's feasible, is it useful? If it's useful, does it have enough market to grow? If it has a potential market, we should analyse if the current team is able to lead it into success, does they have good strategies set? Are they even legit person with experience of the market. If you well researched the coin you are investigating, even if things go wrong, you won't be at a loss. Thanks for the advice, I'll take it!
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cryptoaddictchie
Legendary
Online
Activity: 2226
Merit: 1368
Fully Regulated Crypto Casino
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August 19, 2023, 08:42:28 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Yes if its really worth investing and attractive why not. Most coins and tokens without new gimmick cant work in the degen market. Remember the hype on br20? These are new hype that surround bitcoin blockchain that are become mainstream to some OGs and see it become a trend and some gains a lot.
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MundoCoin (OP)
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August 19, 2023, 08:55:09 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Yes if its really worth investing and attractive why not. Most coins and tokens without new gimmick cant work in the degen market. Remember the hype on br20? These are new hype that surround bitcoin blockchain that are become mainstream to some OGs and see it become a trend and some gains a lot. Yes, projects that are hyped up will only be short-lived.
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MAAManda
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August 19, 2023, 09:22:19 AM |
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Yes, honestly, I'm trying to start doing market research now, I think the only way to build a successful project is to understand the market needs and be able to successfully complete own idea.
IMO, you don't need to understand market needs, because as I said before that every revolutionary project in crypto will have its own place, if indeed your project is a project that is different in terms of model and other things, then your project will definitely get attention. BTW, I've done a Google search regarding MundoCoin, and the results lead to: https://coinmarketcap.com/currencies/mundo/is that the project you mean?
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TheUltraElite
Legendary
Offline
Activity: 3024
Merit: 1326
So anyway, I applied as a merit source :)
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August 19, 2023, 09:23:27 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Assess whether that new function is solving a problem that really exists. If it does, then you will not be "able" to get into buying it, because the demand from investors to grab some of it will be so high. If it does not, then its just another shitcoin in the cesspool. In most cases it will be the second one. Still if you are thinking that it might be good, observe it after it has launched and marketed for a couple of years before making the decision to buy some for your portfolio. Usually this type of tech comes once a lifetime. Bitcoin has been one. We are yet to see another and we might never actually do so.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
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