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Topic: How I quickly research on any crypto before investment. (Read 285 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
If you really end up answering all those questions, no project will be worth investing in. Point is that humans love taking risks and therefore these avenues are popping up since time immemorial for people to release their risk taking habits. If someone were to develop some crypto that solved a lot of problems, believe me, big corporate would come in to the picture and the average investor would not stand a chance to get a decent share.

Hence what you are actually going to get in this market are shitcoins that are attempts at solving a problem which does not even exist of a copy-cat of a mainstream system.

Honestly, the only coin that solves a problem is bitcoin, so beyond that any other coin that is trying to compete will fail.
jr. member
Activity: 840
Merit: 6
There are thousands and thousands of different crypto projects ,So there are a lot of things to consider before investing on any cryptocurrency, Whether you're a short term or long term trader. I usually start up with the coinmarket cal. that is coinmarket calendar to check for up coming events though some might be real some might be fake. Besically for me I like investing at things that continuesly creat value and that's something you should look for, so when looking at the project I try to look out for projects by asking yourself and doing research base on these.

Part 1
why I'm I investing in ?,
what's the value of these project?
Will there be a long term growth?
What's is the team behind it ?, has that team delivered on anything?, Can these team actually do it.
What's the road map like ?
Does it have problem to solve?
How the community looks like?
Example I check if they have verified Twitter account, I check out for the number of followers on Twitter, telegram, Facebook etc
 
part 2
This is where I check out on the exchange they are trading on , are they trading on tier 1 ,2 or ,3  crypto  exchanges?, If trading on an exchange like Binance, kucoin that one will give me more confidence.
Another thing I look out for is the contract address to check number of holders and percentage they're holding if they're holding pretty significant amount without huge percentage difference.
is the token locked ?,(15%-50% )
How many percentage is Burn ?,(up to 50%) is good for me.
what percentage of the token is in Dev address?, (1% - 10%).
Finally I look at the market and how it has been trading by taking an overview look at the chart. All these are what I do before I deep dive into any project.

IMO, the most important things are that:
The coin or token has utility
The team is real, honest and capable
The tokenomics are good
The project has solid financial backing

It's for these reasons that I am investing in the Candle Labs presale.
member
Activity: 208
Merit: 10
You could have invested in Luna with your research skills OP but you still wont be able to predict Luna outcome, this is why people need to be careful around altcoins, no matter how good they look anything can still happen to them, no matter how good your research skills are you can still be a victim to bad news, the best place to be 100% in relaxation is with Bitcoin.
full member
Activity: 756
Merit: 105
Trphy.io
The right thing to do is to invest in the best skills because the best tokens are the ones that make a profit. Moreover if you have lot of questions so simply understand that without research you will not suddenly get the best token for invest. This new investor always invests in the wrong token so that's why you should more skills about crypto.

What skills do you mean?
When it comes to choosing a cukop token, just choose an old token that has a lot of potential, not a new one, not because you see the price is good and feel you can get the benefits, you are immediately tempted even though in the end the token is a scam like what is happening with the current Luna token.
full member
Activity: 812
Merit: 126
It's nice to have such plans and questions before investing in any crypto projects and it's nice to see this here being shared with other people, especially for the newbies. But sometimes the problem with others even if you gave them a nice way of conducting research before investing is that they still won't do it. Most of them are too lazy doing full research for a coin and just getting along with the hype hoping that profit can be made in a short period of time. They rather like to invest in things that are high-risk high reward having an unknown team without a concrete roadmap and with a silly name. And I feel very sad that some people still don't learn because most of them already knew the risk but are not avoiding it.
sr. member
Activity: 1936
Merit: 290
The right thing to do is to invest in the best skills because the best tokens are the ones that make a profit. Moreover if you have lot of questions so simply understand that without research you will not suddenly get the best token for invest. This new investor always invests in the wrong token so that's why you should more skills about crypto.
jr. member
Activity: 152
Merit: 6
HODLer
Those are some great tips and I think you've covered quite a few things I do when researching new projects as well. The work doesn't just stop once you've bought them, though. Unless it's a big project I follow up with projects I invest in..I follow them on social media, re-visit their websites from time to time, and do other things to try and make sure they're actually keeping active on the project and trying to expand/grow it. This is usually for small the smaller tokens I get into. If they're not listed someplace like Binance or Coinbase at the time I'm perfectly okay with that, but I at least want to see that something like that might be possible in the future.
full member
Activity: 700
Merit: 102
if you use your own research on the project relying on the questions you have created, of course it will be very useful for you. Before investing in a new project, it is very important to consider what you have to say. some of them have disappointed us as investors with the final fate of the project. however, if we never try to research, then we will never know the potential of the project. most importantly do not speculate, because it will not end well.
hero member
Activity: 2170
Merit: 530
It's still hard to find new projects that will be successful so as much as possible , I tried to only invest in projects that already proves that they can succeed no matter the volatility of the market is. There are already top performing projects now that we can monitor and see for ourselves how they manage to survive despite all the dumps the market been. I only invest small amount in new projects that I thought will be good for trading somehow but focus more on old projects and bitcoin.

Finding new projects that has a promising future is difficult and that finding the one will take time for you to have a research on it before you can finally figure out which one is best for investment. In my case, whenever I am finding new projects which has potential to soar high I literally look for the whitepaper searching every detail I needed to convince me that this project is worth it, I do also consider the persons behind the project or the dev team because for me knowing a dev team of a new project is someone we know who has a good background about crypto, about making projects then it is a plus point for me to trust the new project.
full member
Activity: 784
Merit: 108
You are on the right track to finding and choosing investments, but that's also part of identifying a highly profitable GEM.  As is my habit, most projects now sit on the launch pad before going to any reputable exchange.  Mostly I would look for them on coinmarketcap reputation launchpad entries, monitor and observe them carefully and include launchpad rules before joining.  Everything must DYOR cautiously and avoid puppets
full member
Activity: 1820
Merit: 107
IMO, I believe that there is no perfect way to determine what is the best cryptocurrency project nowadays but we can notice how serious the project is by examining the team's background and how the project will perform to create demand for its token if it's achievable or just a too good to be true promises so it doesn't matter how long you are doing research but the more important is you are sure that it is a legitimate and not a scam. because that's what im doing before joining or investing. Im just checking for the team background including its roadmap.  
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
By simply doing the research, you can answer all the questions that you have in your mind. Why and Why?
And there are things we need to consider upon choosing them and certainly, we need to find upon doing the research,
1. Legality
2. market volume
3. Purpose of the project

We shouldn't have missed these things otherwise we are putting ourselves at higher risk.


If there is no solid foundation to begin with, then, the dev team may only have short-term plans on the project. But don't be too confident if the team is laying out good foundation, because they can also abandon the project once they got their pockets full. Much better if the project is backed by top companies because I don't think they will disappoint their partners by not accomplishing their objectives.
I'd just hope this will be the solution and further enhance the chance of their projects existing for a longer time.
Even to say that they are back up with the top companies, investors will still look at the use case of the project as it is possible the developers will abandon them in the end. It was going to feel better-investing projects that are already been successful, old projects, not these new builds.
legendary
Activity: 1820
Merit: 1485
If you decide to invest in a project and you will put your capital into it, so what is the problem with spending one to two hours searching for information about the project through blogs, YouTube, and the work team, and reading the whitepaper for it? If you want quickly research and do not have time and want investment advice, know You did not do the right thing, you can see the project community on Telegram and read the questions of the members about the project and the answers of the community admins, and you can follow the approach of the experts who recommend the token of the project that you want to invest.
hero member
Activity: 3038
Merit: 647
Checking it using your research notes maybe very useful, to get started on finding those gems quickly. Investments must be like that, indeed the beginning is analyzing, researching, studying, entering your wealth to exchange for some assets, then coming back at the right time and the right price is an investment. But trading short term daily is different to be honest I don't have more time to do research, I just saw some indicators to do it.
It will take a lot of preparations before you can say that this is the best investment that has huge potentials to succeed. I think everything is a must doing DYOR, analyzing and studying each and every aspect that will made to convince you to finally invest in it. However, when it comes to trading, if you have the skill in analyzing the market patterns and trends, following your own technical indicators, mostly likely you will never lose in trading.
hero member
Activity: 3052
Merit: 606
When investing in any project, the first thing you should be concerned of, is the propagation of the project, base on the proper research of the project will prompt an investor to put in fund's into the project, by then you have to understand the primary concept of the project before investing. It's nice to conduct proper research before enrolling to any investment.

You have to DYOR first so that you will know which project will most likely to produce investment returns. And when you have found your target, that's where you should start your in-depth research about the possible outcome of the project. That will include legitimacy of course, and of course the promotion of the project, if it will create a long term value or not. Otherwise, you will fail in your investment and regret putting your capital in it.
member
Activity: 742
Merit: 30
All this above mentioned are actually a very good factor to be considered before investing in cryptocurrency. But you didn't made mention of Risk taking, I think if you are able to make such research and found out something interesting about the project or you feel that the team are strong enough to move the project to success, by then you should have calculated the amount of risk you are taking so as to plan your self proper.
member
Activity: 1092
Merit: 67
By simply doing the research, you can answer all the questions that you have in your mind. Why and Why?
And there are things we need to consider upon choosing them and certainly, we need to find upon doing the research,
1. Legality
2. market volume
3. Purpose of the project

We shouldn't have missed these things otherwise we are putting ourselves at higher risk.


If there is no solid foundation to begin with, then, the dev team may only have short-term plans on the project. But don't be too confident if the team is laying out good foundation, because they can also abandon the project once they got their pockets full. Much better if the project is backed by top companies because I don't think they will disappoint their partners by not accomplishing their objectives.
full member
Activity: 2128
Merit: 180
It all depends on how enthusiastic we are in hunting for profits in investment.
Looks like there is a lot of research from what you wrote, but basically that's what is needed to get a project worth investing in, Part 1 is the most important, if it's all fulfilled then I'm sure it is a project worth investing in, Part 2 is analysis shown for how long we invest if it is good, then it is also good for the long term.
This is what we called responsible investors and not just buying because of the hype.
I do have my own list to follow every time I’m planning to invest, though I’m not in a rush to buy because I still want to confirm many things before buying. We should always have this strategy, long term investing really needs a good plan and strategy for you to become more profitable.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
There are thousands and thousands of different crypto projects ,So there are a lot of things to consider before investing on any cryptocurrency, Whether you're a short term or long term trader. I usually start up with the coinmarket cal. that is coinmarket calendar to check for up coming events though some might be real some might be fake. Besically for me I like investing at things that continuesly creat value and that's something you should look for, so when looking at the project I try to look out for projects by asking yourself and doing research base on these.

Part 1
why I'm I investing in ?,
what's the value of these project?
Will there be a long term growth?
What's is the team behind it ?, has that team delivered on anything?, Can these team actually do it.
What's the road map like ?
Does it have problem to solve?
How the community looks like?
Example I check if they have verified Twitter account, I check out for the number of followers on Twitter, telegram, Facebook etc
 
part 2
This is where I check out on the exchange they are trading on , are they trading on tier 1 ,2 or ,3  crypto  exchanges?, If trading on an exchange like Binance, kucoin that one will give me more confidence.
Another thing I look out for is the contract address to check number of holders and percentage they're holding if they're holding pretty significant amount without huge percentage difference.
is the token locked ?,(15%-50% )
How many percentage is Burn ?,(up to 50%) is good for me.
what percentage of the token is in Dev address?, (1% - 10%).
Finally I look at the market and how it has been trading by taking an overview look at the chart. All these are what I do before I deep dive into any project.

Good thing I have relying friends and colleagues that keeps me even though I am not worth anything to them. Regarding investing in new projects aside from Bitcoin and other alts that are somehow stable, I look onto my friends choice. I let them be the captain of the ship and if they lose, I lose too. It doesn't matter to me trusting them with this and I am very pretty much sure about their capabilities. As I look at your lists right now,  am starting to understand that it is a hard work for them and I think I wouldn't be able to manage it all by myself. Furthermore I am very much thankful because they have helped me with what and where I am right now, and I will still be needing their help, and off course I am offering my helped too when they are in need but it some other cases. It is really hard to chose crypto projects and if you are a newbie in the field and your all by yourself, you would just be a food for the pack of wolves so better you have companions to help you out.
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
By simply doing the research, you can answer all the questions that you have in your mind. Why and Why?
And there are things we need to consider upon choosing them and certainly, we need to find upon doing the research,
1. Legality
2. market volume
3. Purpose of the project

We shouldn't have missed these things otherwise we are putting ourselves at higher risk.

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