That is absolutely right. Why? It is because we never see its market performance yet, unlike these old projects as we can have a basis of their performance in the past that can be used to analyze. We can't just rely on luck or those people that are behind these new projects because we are not certain of what will happen next. While investing in old projects, at least we have a clue as to where it goes as we already have seen their market performance history. It is a big factor to help us decide but for these new projects, we are just hoping for the best.
why we need to trust new when there are already good old project that making best.
for years now we have seen those in ranking and some in top 100 that making act with good reviews and good actions ,
we can hope of course but we can dig the best option mate specially if we are giving our money inside.
Please share your opinion.
Why we do need some thing new? Of course these are the possible reasons.
1. Going for new tech or blockchains which are having that L1,L2,L3 or L4 and so on
2. People would be going into those projects on which they could potentially get 100x or 1000x or even more.
3. Sticking with top ranking ones which prices are already too high then multipliers of profits wont really be that big anymore
you have pointed a valid argument mate and yes this is what mostly said specially those new project supporter though i stand differently ,
yes there are so much to look at in new chains and project but maybe I am tired of dealing with scam project , so I chose to invest in old ones and trusted , but you are correct that outdating is the main issues here and this is what new project wanted to break in.
maybe I will try to look and understand new proejct again as how you put it here.