Post
Topic
Board Altcoin Discussion
Re: New project success
by
fullhdpixel
on 08/05/2022, 21:14:15 UTC
this time its so many new coin or token in crypto with interisting project. but not consistent for develop this project until sucsesfull.
so many new coin or token scam and rugpull after they get profit from people invest in this project. so I think it's consistent in developing a project that is really needed in developing this new project.
because many only take profits after their coins are released
That is what is still difficult to detect now because in the beginning all new projects always look better and also more interesting before all their products are released and listed in the market.
So what still needs to be done repeatedly on all new projects is research for those who want to join new projects in order to find out whether the project team is really working to develop the project seriously and consistently.
I really do not see the point of investing into a project that is not released yet. There are too many people who think that they could make some profit based on the pre-release cheap price that is given and if they wait long enough it will be released and the price will skyrocket on the first day and they will make a big profit.

However, reality is that most of the time they crash, between the airdrops and the bounties and many others who got it, even the team itself, the price will crash hard in most of them. Aren't there some that go up? Of course there are, but taking that risk doesn't make sense to me, I rather invest into known projects instead.