Quote from: TelolettOm on Today at 09:53:52 PM

Quote from: Lordsilvabtc on October 10, 2022, 05:12:57 PM

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.

And how many percentages of the new projects are successful so far? It is smaller than the failed ones and the shit projects.
What makes it more important is how many people are able to find the legit project truly and earn money from it. I am not sure that everyone will be able to find it. It seems like it to be gambling to get the legit projects and shit projects, right? Can you guarantee that the new projects that we are following can be worthy always? Not at all. I know that not all new projects are shits. But only very few can be counted on fingers that they are successful so far. I mean that successsful for longer time, not for pump and then dump the market.

In the world of altcoin, there is no such thing as successful because everything is still under development, it is that some just take longer to get busted. I think we shouldn't let ourselves be attached to any altcoin project, let's deal with it without emotion so that we won't be at the losing end. What we should focus on in engaging in altcoin is that, if there is profit, we must exit and take the profit with us. Because one time or another, these altcoins will eventually make an exit scam.

Be wary of pump and dump and take advantage of it. As an investor, what matters is profit, and huge profit can be seen on a new project so I agree with anyone on the reply that states, new projects bring more profit than established ones because it is way cheaper and has lots of room to grow. But of course, we must be vigilant and do our own research because new project may give huge profit, the risk involved in it is gigantic.

Quote from: seleme on Today at 09:36:46 PM

Looks like never ending loop for crypto investors, we make nice stack of altcoins buying cheap during bear market season then keep investing in the new projects. At the end of month, something happens and devs decide not to continue with this project or even they try to scam investors. That is simply not acceptable but lack of regulation makes it much possible, why they should afraid of being scammer. This is how majority of projects exist nowadays.

As long as investors patronize the creation of a new project, developers both honest and fraudsters will continue to create new projects. So investors are trapped in an infinite loop of a new project, investment, pump and dump, and exit.