Quote from: Epaper on March 11, 2023, 05:07:36 PM

Quote from: Josefjix on November 16, 2022, 03:30:29 AM

Quote from: arufox on November 14, 2022, 08:23:50 PM

Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.

Investing in new projects is very risky but it's a risk worth taking. There every probability that it will fail and there's also every probability that it will be solid. Before investing in new projects, there should be backup research about the project, the moderators behind it and it's purpose in the space. Every project have their ultimate target and on of them is yields profits not just to themselves but also the investors inclusive. Any projects that only it's profits and beneficiary is only the the moderators is scammed because investors are the ones that push the project further.

For people who are new to the crypto world or have a large capital, there may not be anything wrong with trying to take the risk of investing in a new project in the hope of making a profit. But for me, who has invested in new projects several times, I no longer dig and look for new projects to invest in because from my experience no one gets any profit when investing in new projects. Therefore, I am more interested in investing in coins that have been tested and have strong fundamentals like ETH and BNB.

Each step taken is commensurate with the risks, such as investing in this new project. There will always be a risk and the difference may be whether the risk is low or not. Of course, investing in tested coins will be lower risk than investing in new projects where they are still doing a series of trials. Now we know many new projects are popping up and we don't know which project will be successful in the end. An in-depth analysis is something that must be done, but is it just an analysis of course not, because there are many factors that must be considered.