starting a new project investment for beginners

[Gladitorcomeback]

Now a days there's a lot of new investments introduces to us, and as a newbie in line of this business we make sure having proper knowledge, proper research and above all we ready emotionally, financially with this because it tooks a lot of time.

The most important thing is not to rush into making decisions before entering into a new project. Capital and mental readiness are important. But another thing that is more important is in-depth analysis such as fundamental analysis which is very necessary to see whether a new project has good potential based on the fundamentals they have or not. If we understand this, we can minimize the risks involved in new projects.

Newbie investors these days make this mistake very often and then when they lose money because of their mistakes, they start blaming the market for it. If you conduct a survey, you will find a lot of people who invested in cryptocurrencies and then left the industry because of the losses incurred and they don't take the blame themselves but they either blame the market or the cryptocurrencies they had invested in.

And, if you ask them, all of them would be investors of new cryptocurrencies which caused them losses in the initial stage. So it's important for newbies to make sure that they are investing in projects that are trusted and worthy of investments and shouldn't invest their money in useless coins and tokens.

[Z-tight]

What advice do you have for beginners who want to invest?

Do not invest in new projects, most of them are not useful or is either a scam. Newbies that invest in new projects do not last long in the network, because when they lose a lot of money in the beginning, they call it a scam and abandon the network. It is better for newbies to buy BTC, it is safer for them and it is useful, so if they are in for the long term, chances are very high that they will make good returns.

[robelneo]

if we want to invest safely we need a lot of knowledge and we have to be careful about the projects we want to invest in.
What advice do you have for beginners who want to invest?

I don't like investing in projects whose developers are anonymous or hiding in avatars, we need to know their capability as developers, and if we know these people we can research their backgrounds so I advise newbies to do the same.

The second is to check if the platform has usability, many projects that go dead are pump-and-dump projects with nothing to offer to the industry.
So check the people on board and check the usability if these two are present then it's good.

[TomPluz]

As an investor myself, I am always looking for something that can give me the highest rate of ROI and one of the big reasons why cryptocurrency seems to be the most exciting investment vehicle is that this is one of the very few where you can literally find projects that can do x10 or even more than x100 in the market. However, with that kind of high potential, the industry is also sadly riddled with scams and frauds hence it would not so that easy to vet, analyze and decide on which of the new projects will really make it. This is surely an industry where the saying "big risks big rewards" can be so true. Now, with that in mind, one must be careful and must laser focus on projects that will soon be a part of the CMC list and can be valuable in no time at all. One criteria is if it is being supported by reputable platforms in the crypto industry...and they are usually announced to the public as endorsement and support can be a big thing for others to also follow suit. Still, one must do due diligence and must be careful and weight things before arriving at a decision to open up one's wallet or invest time to promote the project.

[taufik123]

Do not invest in new projects, most of them are not useful or is either a scam. Newbies that invest in new projects do not last long in the network, because when they lose a lot of money in the beginning, they call it a scam and abandon the network. It is better for newbies to buy BTC, it is safer for them and it is useful, so if they are in for the long term, chances are very high that they will make good returns.

But with a note that you have to use quite a lot of money to invest in Bitcoin, in order to get a big profit.
If only a small amount of funds is used, it will only give a little profit as well.

Getting into a new project is optional, do your research and get in early and then get out early.
Profits are instant, but it also has a high risk of loss.
So anyone willing to invest in a new project does a detailed analysis to find out what the project will do and who is behind the project.

[Dr.Bitcoin_Strange]

Honestly, your thread's subject is saying a totally different thing from what the main post is saying.
But yes, Beginners should first conduct an extensive research about a project before diving it, not all that glitters is gold and not all projects that promise a very high ROI is authentic. Before getting involved in any project, be sure about the authenticity of the project or you may just end up feeding another hungry scammer.