Quote from: Questat on June 21, 2022, 10:23:14 PM

Quote from: ultrloa on June 21, 2022, 10:04:35 PM

Quote from: Kasabus on June 21, 2022, 09:39:25 PM

New projects are just a waste of time and money since most of them end up in scams and that there's no way you can expect decent profits from them. Instead, invest in bitcoin and ethereum, you will never face huge losses as long as you never intend to sell them when prices are dropping. Although there are some coins that are unexpectedly increasing their prices, but be careful as they might be hyped and that everything will fall down once the hype is gone.

New project gives bad perspective about gaining huge wealth more faster and sometimes they ignore the risk about scam then invest on many random new created new tokens around and then suddenly huge scam happen to them. Hopefully the incidents about what happen before to old investors is already enough basis for people not to risk any huge amount for long term on investing on new because sometimes those ones are created for pump and dump schemes.

I'm not sure how these newbies will take those experiences and become a reason to ignore new projects as we know that greedy people still exist and easily get fooled which makes these scammers still alive as well. It was hopeless to see the change, many people are still coming and they will do the same invest in hypes and scam projects. Although there are a few new projects that are worth enough to invest in but yes, that was too hard to find and much more difficult if we never do research.

new projects are full of risks, even though it has a good concept but I personally find it very difficult to analyze, and often get caught up in the hype. especially for beginners, of course, it is very risky to lose funds, pump and dump actions often occur, so we must be able to use it well when the pump occurs, don't let greed overwhelm us. there is no harm in trying your luck according to our analysis on a new project, but using capital wisely will be better, to anticipate the worst possibility