How do you find the next big opportunity in a market downturn?

[Cryptsafe]

New project these days are not worth to put a bulk gig in.

I agree with you, most times the developers of these new tokens or coins only created them because they want to make money from it, so once enough investors are deceived to put their money into the project, they will rugpull and keep the money to themselves. So many of these developers are behind different projects, if they successfully scam in one, they move to the other.

Scam one and move unto the next is their focus and till they achieve their aim they do not stop scamming. People just make themselves vulnerable to scammers by not really looking into details about their projects. They just FOMO in and they rug pull them to the ground. If one is rug pulled, that person caused the reason why he or she suffered such because they failed to do their own research but to only listen to hype and FOMO of the influencers, celebrities etc which  pushed them into investing in project they have no prior knowledge about. To stay clear of scams, you just have to be very attentive to details and do your own research.

[Jating]

New project these days are not worth to put a bulk gig in.

I agree with you, most times the developers of these new tokens or coins only created them because they want to make money from it, so once enough investors are deceived to put their money into the project, they will rugpull and keep the money to themselves. So many of these developers are behind different projects, if they successfully scam in one, they move to the other.

Scam one and move unto the next is their focus and till they achieve their aim they do not stop scamming. People just make themselves vulnerable to scammers by not really looking into details about their projects. They just FOMO in and they rug pull them to the ground. If one is rug pulled, that person caused the reason why he or she suffered such because they failed to do their own research but to only listen to hype and FOMO of the influencers, celebrities etc which  pushed them into investing in project they have no prior knowledge about. To stay clear of scams, you just have to be very attentive to details and do your own research.

Yeah, as much as we don't like to admit it, that is what happening to crypto space. The market is really open, there are no authority here and so there could be developers who easily create tokens for the hype, pump and dump and then they make huge money and then goes on another project and created a new one, rinse and repeat. However, on the other side of the spectrum, I think there are still very solid new projects that is coming, but you really have to check them out, DYOR and see who are the developers from behind. Maybe they really have the real intention to change the society with their project or they are really a visionary and be that prime mover.

[Z-tight]

To stay clear of scams, you just have to be very attentive to details and do your own research.

It is easy to steer clear of scams and scammers, first thing is to not be greedy and run from anything that is too good to be true, the next is get as much knowledge as possible, so you can spot scam tricks and how scammers operate. It is easier for us who are members of crypto forums and have acquired knowledge for so long.

[Crypto Library]

What I actually think is that when the market takes a downturn, most of the opportunities come in front of us where we can take big profits through investment. But there is one thing that when we try to use the new project in this field, it will contain a lot of risk. And we also have to remember that in this case most of the investors face loss.
I think that when the market takes a downturn, the dips of bitcoin should be used and at the same time it will be better to choose the coins with the largest market cap by analyzing the coin market cap. I have selected DOGscoin from the new projects for this time when the market took a downturn then I made an investment of 100 dollars here which is also managed by DCA.

[JoyMarsha]

It is very necessary to do a lot of research when you first learn about a project before investing. Don't go ahead to invest in a project because you heard it from the internet or people's mouths.

Many of these projects you learn about are being hyped to gain many investors without having utilities. Don't be fooled or deceived by all these new projects that haven't stayed in the crypto market for up to a year to test their stronghold in  price and whether they can last in the market or not to give their investors huge profits or loss investment