Topic: Advice on what to consider when making an investment ? (Read 341 times)

The product gets higher priority if you ask me. Community depends on a lot of factors. It is easy these days to generate higher views and higher followers by inorganic paid means. Then following that would mislead an investor. If you ask about the owners and developers who are working on the project, well and good, but most of the times they will only be able to give you guarded answers that will not help decide on investing or not.

If you find the product useful for the population targeted and if there is a genuine need in that population for that product then the demand will rise on its own, the community will inflate and the market price of their token will rise. But this is close to zero in the crypto market because majority of such projects have already been done in the mainstream market.

I think the most important thing when we invest is knowing everything in detail, and what most people forget is the risk of loss, remember that cryptocurrencies are a type of high risk investment so we have to choose the right project so we don't get scammed.

You are right, sometimes not only on YouTube, in tradingview there are many market analysts who make the different analyzes they do available, sometimes it is difficult to choose a good currency with a market whose short-term trend is bearish, it is difficult to decide what risk taking to avoid losing money, then the most logical thing is before looking for any analysis to do a personal analysis, reach a conclusion and start to see other points of view. When it comes to investment or investment advice, even the possible fundamentals should be taken into account at the global level, because all that can turn into not making money, losing or winning.

As you were advised here, the first is, of course, the community of the project. Next, the team and goals of the platform. It's good if you can use a ready-made product and read about it in different social networks. Here you were prompted some options, but the choice is always yours, so study very carefully.

If that will be their mindset, I think they have to expect losses than having a profit. Because the market doesn't behave like that, there is a huge difference as we look into it compared to actual investment. I'm not saying we always think about losing but we can't just ignore any possibilities, yet, we need to be prepared than being surprised. That is how important to understand the situation and get some idea of how it works. As the more we gain knowledge, the merrier it comes and we can make decisions right.

Yes, I think this is a good question and will be useful for all readers reading this thread in making investments. for example, the most important aspect that we must pay attention to when we want to invest in a project is to have a great developer and team or the project is developed by a developer and team that is experienced in crypto and has a good reputation. I think a lot of projects nowadays have great developers, and have good resources like ethereum, cardano, and bnb.

I would recommend to look for a project that will still exist and still be useful after 5 years, there are some projects which goals is just a short term. If you are going to make an investment go with the project that still useful after more than 5 years since that kind of projects were worth investing for you don't want to make an investment on something like memecoins which doesn't have true purpose it's just for the sake of entertainment and those kinds of projects were only for short term investment and not for long and serious investments.

Free advice, the only coin that a newbie should get into is bitcoin but try to buy it at the bear market. Current price of 41k USD is in a bearish trend but I feel it will go into the 35k USD range at which point you should think of buying it. Remember that bitcoin is still cheap compared to what it can become once mining new bitcoins end.

Whatever stuff you watch on youtube, you will find altcoin shills are looking to promote their own vaporware - each of those are short term stuff but when they are going to crash you will never know. Hence they are a waste of time and money and if you value those things, dont get into buying any altcoin.

Look at older charts and identify support/resistance levels and use these place orders. No need to buy any book or course for trading, you learn indicators and their use by trading more than reading. Paid courses are only made to make the creator rich, not you.

Vesting schedule is not applicable here, you are only one making your traders. Do not give access to your portfolio to a third party, this market does not work like that. Keep your private key/seedphrase safe, whoever has that can spend your coins without you knowing.

About token distribution, I prefer the top five coins on coinmarketcap. They are time tested and safer than the rest. Rest if upto you if you want to lose your money.

You need to sacrifice your time a little bit by doing your own proper research without depending on any influencers on youtube. Because they know how to manipulate you by pretending to disclaim what they promoted and you on the other hand will gonna blindly believe what they said. Give yourself time first, you can look for the most of information you need here. From the experiences, the users had to the basic stuff you can start by reading them and make your own conclusion.

I would suggest you to join some crypto community (in Discord or Telegram) and listen to some smart guys on youtube - the ones who are good in analytics. I don't think there are any strict rules when you analyse a crypto project. But you should know how to filter obvious scammers - at least.

The most important aspect should be the fundamental of project and this related to the what already achieved, how good the product, how big the traffic on its platform/product.
I do believe all of these aspects are really important to determine whether the project is legit or not. All of platforms with big marketcap has so many userbase and they are developing their platforms perfectly.
This is the most difficult thing but these days if you're seeing the marketcap and you can identify that easily and as far as I know when a coin has a big marketcap that means if has the trust from the users. I meant the real marketcap and it's also placed at the top rank of CMC. you can see that how top 100 marketcap coins are doing so good for now.

There is a big difference between new projects and those that are already well established.
When it comes to what you should always check, there are whitepaper, dev team, roadmap and tokenomics.
It is also always good to check the industry the project is in and compare it with other existing projects. Whether other projects in this industry are successful gives us information that the industry is developing and the project in which we invest also has a chance of success.

Sometimes potential could be reached and be at 100% so it is no longer potential but the price could still go up. Development is very important but it is not the whole thing, bitcoin has been bitcoin for a decade and the only "improvement" was segwit, sure we had some other stuff but that was the biggest one and we did not have any change in bitcoin that we see monthly in some other smaller ones, yet it is still the biggest one and still breaks ATH after ATH, which is a proof that as long as you are good, you do not need to keep improving, coins could go up as it is when the market goes up. So, just find fundamentally great coins and you will profit.

First you should consider whether a coin that you’re gonna invested is having the potential that you expected basically seeing whether it's already near reaching highest value or still have potential and later on you should see the roadmap of the coins and decide whether it’s good for long term investment.
If it's a new coin the first thing to consider is the tokenomic.
A good coin that could mantain its value are coins that are vested for its distribution basically it will prevent it from flooding the market and bring down the value of the coin that’s why it's  also called good token distribution when a coin vesting its coin and maybe they have some plan like staking to mantain the value of the coins or even buyback, I think these few things are the most important.

For people new to the crypto world, it's best to avoid investing in new projects, especially if you don't have a way to screen potential new projects by not. I prefer to choose a project that has been around for a long time and has been proven to be good.
however, if you still want to invest in a new project, then try to see the complete information from the team, concept, development, partnership, social media activity, and you can find out information about a project on this forum. other than that pay attention to the activity of telegram. there you can see how active the project is and their plans.

It is hard to say because I saw an advertisement on the freelance websites, some people offer their services hiring their community to back up the project so the project looks to have big support. When you want to invest in a new project, that will not be easy to find because all of the new projects will almost be the same. They offer something useful for us and will work best for us in the future, but many of them can not prove what they say.

Maybe the only thing that we can do is just invest in small money while we see their progress for a while. If they can achieve their goals step by step, maybe we can add more money, but we still need to be careful because that will not always guarantee their project will succeed in the future. So only invest in the projects with the money you can afford.

Maybe start at how they are building their community. Of course, it will start from scratch then continue following them to see if there's an improvement in their community. While they are working on that, check if project developers are actively engaging with their people who are asking some queries.

Later on, you can now exchange opinions and views at those people there about how they looked at the project then the rest will now be up to you.

You will soon be used to doing it and will discover some other ways on how to research a good project.

You must study the project and don't follow the hype. Try to search a project based on its fundamental. There are some things that you must looked at
Project
product
team
ecosystem
Venture capital

These things will help you in making a choice to pick up a coin as your investment. The track record by the team is determining on how good the development in the project can be done and remember that when it was getting supported by so many popular venture capital and it can be a good point to invest in the project. Venture capital was always doing research before try to invest in any crypto

Anonymity has become commonplace, even many projects hide the identity of their team because they don't know the reason for what is clear, there is a lot of anonymity in new projects that will come, we here of course have to choose and consider whether anonymity is good or not sometimes this too it is a trap because we don't know what they are doing while we only know coins, and this is what you need to know that a true investment must know all the basics so that it doesn't disappoint in the future.

That unless if we are dealing with the stock market but as we are in crypto, anonymity seems to see. And this is sometimes a problem as scammers will easily trick us and use known names just to attract investors but in the end, it was an exit scam. That is why it is very important to spare time studying the market and so the panned project, otherwise, we fall into the wrong investment and lose our hard-earned money. We don't suppose to do that and so we need to be careful.