Topic: determine a good project (Read 1181 times)
Of course, a good project definition everyone will be different, we can say good if the project has been successful and entered the top 100 or more top 10 ranking, but when it is still new then I think things we can say good projects is the support of a solid team and always work according to the road map that has been made.
In my opinion, a good project is one that has a long-term vision, most large and successful projects always work according to the roadmap that has been made previously, if there is a change it will not be significant so this can convince investors.
You are right, because any coin that doesn't have a good vision is not a good project, so many coins or projects has come to the market and and fails, so any investment that doesn't have long term investment are rubbish investment, the way am seeing this investment of cryptocurrency anyone who want to invest have to bring out it's time to invest more in cryptocurrency and to know if the project can stay for long duration or not, because a project that have good sponsor's are the projects that is good.
To get this done, a lot of factors comes into play. Let me tell you how I determined a certain Metaverse project METAISLAND is the real deal.
1: what products are they selling
2: what value are they selling?
3: what solutions are they bring on?
4: who are the Brains behind it?
5: Do they have a physical presence?
6: Are they anonymous?
And they passed all so I decided to stay on them.
1: what products are they selling
2: what value are they selling?
3: what solutions are they bring on?
4: who are the Brains behind it?
5: Do they have a physical presence?
6: Are they anonymous?
And they passed all so I decided to stay on them.
I see the market condition and being a good project as two separate things. There are series of projects which are great one but their market condition isn't encouraging because of one thing or the other. Projects do well when it has a popular team or a team that have the backing of the influential people in the crypto world.
In my opinion, a good project is one that has a long-term vision, most large and successful projects always work according to the roadmap that has been made previously, if there is a change it will not be significant so this can convince investors.
My brother that is what I considered as a good project is a project that have long stay and when investing on it then your mind will be settled it's not a project that is short term project which after investing your money then the project will die off so that is why some people qualified or recommend a particular project that this project is what the co-investing I can't invest on a short-term project which I don't know if it will make well or it will not so the best thing to do is to invest in the long-term project and long-term project are a good project 
A bear market isn't only a chance to stock up on cryptocurrency at a discount; it may also serve as a wake-up call about how unforgiving the actual crypto world can be. Money is not always an instrument that can make us very wealthy overnight. Learning the ropes of this world the hard way is sometimes necessary. Tell me the ins and outs. How can we ensure our success? The best way to choose tasks, etc. When we take the time to contemplate and take advantage of this opportunity, we may observe the bear market from many perspectives and realize it isn't necessarily a negative thing.
I consider the bear market is an opportunity to accumulate more potential coins. A time also to determine which project is able to survive and retain its clients. Every time we are in this market situation, most people are worried about their investments because they are thinking that their invested projects will fall and lose their money. It was a common assumption but sometimes becomes realistic because of the point that many investors got fooled by broken promises and scam projects. The bear market always teaches as a lesson to take advantage of every market situation and see it as an opportunity rather than a threat. Others see the bear as a dangerous condition considering only the possibility of losing without valuing the chances that it could offer. It teaches us to grab what's on the table and never miss potential coins while they're cheap and affordable rather than focusing and waiting on the bullish season without having enough preparation. The bear has a lot of good things to happen and it's not a tragic situation that we should always fear.
Obviously bearish market is a perfect time for an investor to find out a strong project although it's all requires deep analysis about various projects nevertheless I think choosing an old altcoin based on its historical performance is absolutely a best option for investors for example Litecoin, XLM, ADA ect. these altcoins have already been faced many bearish market conditions and still available in the crypto currency market which shows the strength and capability of these altcoins.
All 3 of your projects mentioned they used to be potential projects, but now that's a different story. Check all of them, all 3 are without any hype lately, even in bull season 2021 all altcoins explode and hit new ATH but all 3 don't. If it is for investment, I think only ADA is the most worthwhile project to try and LTC or XLM have really gone into oblivion, they are not dead but making a profit from them is very difficult. 
Something I realized today, there needs to be a good seller at the very top, someone who is chatty and a great salesman, like the real estate or car sales people who make a living only if they can sell something levels of good.
This is important because no matter what the product is, if there are no good sales people at the top, even the greatest projects can't be heard by anyone, whereas if there is a great salesman at the top, there will be a lot of places they will go out and try to sell the project and grow a community, and they could also continue to sell the product in the community itself as well. These are all very important parts, because selling the project to masses is the only thing that will keep it alive.
This is important because no matter what the product is, if there are no good sales people at the top, even the greatest projects can't be heard by anyone, whereas if there is a great salesman at the top, there will be a lot of places they will go out and try to sell the project and grow a community, and they could also continue to sell the product in the community itself as well. These are all very important parts, because selling the project to masses is the only thing that will keep it alive.
who will find out about bear or bull season is the winner, the bear market has always persisted in attacking altcoins and making opportunities for people who know this position to come. they will choose good altcoins of course to be diamonds in future bull season. they are not greedy but he knows better when to start to enter the basic market and sell at the highest price
Good altcoins are rare. You are more or less stuck with the top 10 altcoins and the rest are shitcoins. There will be times when bitcoin goes down and you can buy it. That is the diamond, no other altcoin will give you returns close to what bitcoin can give.
But choosing when to buy Bitcoin is the diamond opportunity. We make major mistakes in this only. Bear market is the time to pick these options - don't lose them.
I think many criteria determines the success or failure of a project, even though there is no hard and fast rule connected to any of the criteria. Concepts such as social media presence, dev and team experience, track record of niche, partnership affiliations etc are pointers we should beware of
because like social media, affiliates, development teams etc. it can be manipulated or copied from an existing project and looks like it promises that the project is good.but that way might be one way to minimize the risks that will be obtained when investing in new projects.
and it may be worth remembering that investing in new projects now carries a much greater risk than existing projects.
should be more careful to choose the project
I think many criteria determines the success or failure of a project, even though there is no hard and fast rule connected to any of the criteria. Concepts such as social media presence, dev and team experience, track record of niche, partnership affiliations etc are pointers we should beware of
My brother that is what I considered as a good project is a project that have long stay and when investing on it then your mind will be settled it's not a project that is short term project which after investing your money then the project will die off so that is why some people qualified or recommend a particular project that this project is what the co-investing I can't invest on a short-term project which I don't know if it will make well or it will not so the best thing to do is to invest in the long-term project and long-term project are a good project
A project could have a long-term vision but not uphold their long-term goals because of poor management. I've seen dozens if not hundreds of projects share the same fate when it comes to viable goals for the future. What I'm saying is that it is not enough that you have a good vision for the future of your project, in fact it's imperative that every project whether shitcoin or not be have at least a viable vision that could save them for the years to come. Remember that the path towards hell always start from good intentions. 
I'm in agreement to the fact that the bear market is best for determining a good project. Most projects do well during the bull market. Infact, even pump and dump projects are easily pumped because people are willing to join the ride on any project going upwards. The bear market is rather very quiet as most people prefer to stay low key seeing as it goes
Yes people do,
As dor the pump and dump everyone wants to ride the following water and maximum of them fail lets consider some of the examples thr most bright one SHIB an Ultimate Scam. It pumped massive then a break then a small Trap pump and many small investors jumped then Whales took their entryy back and, never forget the Manuplation master Ellon he kicked some Shitcoins and made a good profit...
In the current bear market conditions, we can see which projects are able to survive and maximize the coins that have been launched without losing their value. Usually their strong team and developers are able to deal with any situation by carrying out marketing strategies or promoting coins that have been created so as not to lose the interest of investors and trading activities in them will not die. what do you think about the benefits of a bear market besides taking the opportunity to make a purchase?
bearish market will be strong evidence to determine a really promising project in the future
There are a lot of factors to determine what is a good project, especially if you're just basing your opinions on whether a project will increase in value over time. What I could say for certain is a good indicative of a project that will stand the test of time is what I call the three Ss: Scalability, Security, and Suitability. Scalability is how well-equipped a project is against the market's tumultuous ups and downs, do they have a good backup plan? Have they accounted for the bears and the bull seasons? how about upsurge in users? that should be taken care of. Security is met when a project had imposed appropriate security measures against attacks from hackers, scammers, and the likes. Plus points if they have contingency plans during instances where exchanges are down due to hacker attacks. Last but not least is Suitability. Suitability is met when the project's features or main thing is relevant to what the market needs right now or possibly could need in the future. Just these three things to look out for is enough for me to pick which projects will tank and which ones won't. Use and abuse it. bearish market will be strong evidence to determine a really promising project in the future
A bear market isn't only a chance to stock up on cryptocurrency at a discount; it may also serve as a wake-up call about how unforgiving the actual crypto world can be. Money is not always an instrument that can make us very wealthy overnight. Learning the ropes of this world the hard way is sometimes necessary. Tell me the ins and outs. How can we ensure our success? The best way to choose tasks, etc. When we take the time to contemplate and take advantage of this opportunity, we may observe the bear market from many perspectives and realize it isn't necessarily a negative thing.
I consider the bear market is an opportunity to accumulate more potential coins. A time also to determine which project is able to survive and retain its clients. Every time we are in this market situation, most people are worried about their investments because they are thinking that their invested projects will fall and lose their money. It was a common assumption but sometimes becomes realistic because of the point that many investors got fooled by broken promises and scam projects. The bear market always teaches as a lesson to take advantage of every market situation and see it as an opportunity rather than a threat. Others see the bear as a dangerous condition considering only the possibility of losing without valuing the chances that it could offer. It teaches us to grab what's on the table and never miss potential coins while they're cheap and affordable rather than focusing and waiting on the bullish season without having enough preparation. The bear has a lot of good things to happen and it's not a tragic situation that we should always fear.
A bear market isn't only a chance to stock up on cryptocurrency at a discount; it may also serve as a wake-up call about how unforgiving the actual crypto world can be. Money is not always an instrument that can make us very wealthy overnight. Learning the ropes of this world the hard way is sometimes necessary. Tell me the ins and outs. How can we ensure our success? The best way to choose tasks, etc. When we take the time to contemplate and take advantage of this opportunity, we may observe the bear market from many perspectives and realize it isn't necessarily a negative thing.
I consider the bear market is an opportunity to accumulate more potential coins. A time also to determine which project is able to survive and retain its clients. Every time we are in this market situation, most people are worried about their investments because they are thinking that their invested projects will fall and lose their money. It was a common assumption but sometimes becomes realistic because of the point that many investors got fooled by broken promises and scam projects.
I'm in agreement to the fact that the bear market is best for determining a good project. Most projects do well during the bull market. Infact, even pump and dump projects are easily pumped because people are willing to join the ride on any project going upwards. The bear market is rather very quiet as most people prefer to stay low key seeing as it goes
Obviously bearish market is a perfect time for an investor to find out a strong project although it's all requires deep analysis about various projects nevertheless I think choosing an old altcoin based on its historical performance is absolutely a best option for investors for example Litecoin, XLM, ADA ect. these altcoins have already been faced many bearish market conditions and still available in the crypto currency market which shows the strength and capability of these altcoins.
All 3 of your projects mentioned they used to be potential projects, but now that's a different story. Check all of them, all 3 are without any hype lately, even in bull season 2021 all altcoins explode and hit new ATH but all 3 don't. If it is for investment, I think only ADA is the most worthwhile project to try and LTC or XLM have really gone into oblivion, they are not dead but making a profit from them is very difficult.Risk is normal in cryptocurrencies, if we are late making a decision then we can lose money, just like what is the asset of Luna, I am surprised when I wake up the price of drops more than 40% and I immediately sell about 20 luna that I have and is happy still still get a price of $ 56, if I sell 20 luna now, of course only get $ 0.005.
A bear market isn't only a chance to stock up on cryptocurrency at a discount; it may also serve as a wake-up call about how unforgiving the actual crypto world can be. Money is not always an instrument that can make us very wealthy overnight. Learning the ropes of this world the hard way is sometimes necessary. Tell me the ins and outs. How can we ensure our success? The best way to choose tasks, etc. When we take the time to contemplate and take advantage of this opportunity, we may observe the bear market from many perspectives and realize it isn't necessarily a negative thing.
Actually i do not believe newer layer 1 chains will be able to compete. Many have tried and yet most alternative layer 1 chains still have way way lower TVL than Ethereum (and plenty of them incentivize dapp developers to build on them while Ethereum Foundation does not have to do that). I think layer 2 rollups will eventually take over the market from all these layer 1 Ethereum-killers.
I also believe DEX tokens are great to invest as long as they have decent volume on Ethereum. https://university.despace.io/list-of-the-best-decentralized-exchanges put some great guide on the top DEX-es to go with
I also believe DEX tokens are great to invest as long as they have decent volume on Ethereum. https://university.despace.io/list-of-the-best-decentralized-exchanges put some great guide on the top DEX-es to go with
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