Hello everyone, my question is: how often do you invest in new and young projects? Aren't you afraid of losing money if the project closes?
I want to invest in a promising project called Yearnlab. Their token sale starts on 7th Dec and I think this is a good opportunity to successfully invest money.
Share your thoughts on such an investment. Maybe you have some interesting cases on this matter.
before joining a project I usually see how the project is progressing and also do further analysis.
afraid of losing money?? it is a risk for investors. we must be able to minimize this so that the risk of losing money can be controlled.
My main advice is a more detailed analysis of the project that you will follow so that you don't get stuck in a project that is losing money
I think the same, I think that to invest in a new or young project my standards have risen a lot in level, to be sure of being able to invest I look at the project, your first exchange to follow will be binance or another that is level 1A, for the rest I think that this will not give me any viable results, a whole whitepaper can be well structured, in fact it can look very beautiful and be carried out fully, but I think that the devs are the ones that must now be put in context, because thanks to them it is that a poryeto can vlver scam.
35.-https://bitcointalk.org/index.php?topic=5369451.220
I think personally its going to take awhile before we begin to see p2e especially crypto related been onboarded to mainstream games because most of these top companies are regulated and works under-laws that need to have guidelines for nfts and in-game currencies and if possible there are lite or no rules regarding them I think some games will have p2e while some will remain where they are.. Most company will be stubborn to make change since their current system is making them returns
I agree with you, for a really reliable game, many rules must be created to avoid the scams that are happening every day in NFT games, although a well-known P2E game can give good results, it is likely that your devs are thinking about how can they maintain a healthy economy, without oracles and taking into account that it does not become a possible bubble or ponzi scheme that does not define anything but kills the project or game, if these things are taken into account I think any could be very successful P2E-based NFT game and be successful.