Quote from: AmoreJaz on July 22, 2023, 11:44:28 PM

Quote from: JeffBrad12 on July 22, 2023, 11:37:12 PM

Quote from: Natalim on July 11, 2023, 09:32:11 PM

Quote from: terencio on July 11, 2023, 04:09:22 PM

It’s good that you are cautious and advising others to be cautious as well. It’s important to understand the reason behind prices moving up and analyze the benefits and demerits of the project before investing.

Well, if it rises due to some hypes and manipulations, you'll gonna be staying away from that project because the next thing that will happen is an abrupt dump. But if it rises because it really has the potential and has a use case, that something will tell us that the future of this project is bright. However, when talking about new projects, we really have to take extra caution because the majority are scams. Many projects have only had a good start but in the later part, it dump slowly until it was gone totally.

well thats the thing with new project, nothing much difference if compared to the new startups.
the thing is that definitely not all of them could always survive majority of them will just outright dump and lose their value.
when it comes to the new project I think the project that has some partnership with the other large institutional even reputed exchanges like coinbase which we know always list very few select token or coins.
are gonna be that massive of helps, it will definitely helps a lot in keeping the project from dumping to oblivions.

when it comes to alts, better choose a project that is backed by well-known company. because they won't just shelve the project because they will be investing their funds to take off the project. now, if they decide to stop the project, you can easily read their update as they will announce it in public. because if they will just abandon it without prior warning, it won't be good on their reputation. so they won't mess it up if they have image that they want to take care of.

Good thing to know about who's behind the project and what they are staking with it,

Reputations are very important for each business and like what you mentioned, if they are backing certain project they are not
just risking their money, but also their reputations. They will mostly refer on, as it will not be a good sign to have that bad reputation.
it will affect the whole business so they will be very careful about it (most of them if not all)