Topic: How I quickly research on any crypto before investment. - page 2. (Read 298 times)

Will there be a long term growth?

This should not be a problem of a day trader. A day trader should be more interested in the movement of the market, how volitile and how much he could make a day. It is long term investors that should be that interested about the future or long term goal of a coin.

Does it have a problem to solve?

I don't think that all coins are created to solve problems. Most times if the coin is acceptable by the masses it will succeed even without solving any kind of problems. For instance, the meme coins like Dodge and Shiba, do they actually have any problem to solve? But they are proven to be successful.

However, I agree with you that a proper research will evade you some bad investments in this era of thousand shitcoins per day.

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.

What the OP doing is actually a very good help already from his end. Considering that he is a newbie here, though maybe, he is not a newbie in crypto market. But what he laid out is a very good one in finding a better deal among these crypto projects. The more you read, the better for you in assessing the capability of these projects. It is not an overnight task to learn all these info, but it is a continuous process of learning.

For long term prospect then top coin like bitcoin and other top rank altcoins would be the best choice but somewhat it wont really be giving out that assurance on making something out of it in the future,neither it would

be replaced by other coins or would totally stay up on the top for more years to come which nothing is sure when it comes to that.When you do tend to make out some investment then research is a must
because if you havent done something like this then you are simply gambling with your money specially when you do tend to shell out for some low cap coins in the market.

from my own strategy faster way for making quick research in regards of finding quality projects are by seeing its watchlist in CMC and also seeing the background of the project itself.
honestly the watchlist in CMC helps a lot and it could gives us a hint that there are this many people are actually watching the projects and maybe could be investing in it and surely with that much flows of investment it raises the chance of a project succeeding.
there are few things that could also helps in researching but I just always find that impression of token holders as the ones that influence my investment decision heavily.

You were also making so many questions while the fact that it needs only some criterias just like the daily volume, venture capital, etc.

Proper investigation and research is what most investors lack. Be it a short term investment or longterm. We should take time and look at key issues like, why do I want to invest?.don't be carried away by the hype. Secondly read the white paper of the crytocurrency. Thirdly,look at the block chain and technology it uses. Fourthly, read review on the community of that coin. Know if the time of investment is right. Sometimes we are to take risk but calculated risk is safe than sorry.

Mate, you should take your time in research before investing in any cryptocurrency project.
Cryptocurrency is decentralized, there are many anonymous people/companies involved and it is risky to put our money on it.
If you still want to do it quickly, just put your money on top cryptocurrency like bitcoin and just hold it.

Not all newly launched project that could have a verified twitter account or other media handles so if you may depend on such meaning you might not get started. furthermore, and community might sounds so good great have all kind of quality post and announcement yet turns to be fake. roadmap could look good insightful but no solid team and good marketing strategies the project sink down. There are lot of coin/token listed on CMC after some while they got delisted due to some uncertainties what could be your fate at that point?

Well I most say " Good/Bad project is always hidden at the early birth" maybe after some further development which might take 1 to 2 year thereafter before you could understand the phase of the project despite there is a project scalelines.

I like what you are doing and that's the right approach. Questions. Finding answers to all of it to minimize the risk, as low as possible that you won't even have any doubt when the deciding moment comes.
The worst investors for me are those who ride the hype. Some of them may get lucky doing it, but a huge percentage don't.
The title may be wrong though, as it may take you time to complete all those steps especially when you bumped into another questionable claim from the project.

Some projects have low quality use cases but they became successful because of the team, projects team have the biggest role to play here so make sure you do research on the team first before anything else, what's the goodness of a project with high quality use case but a low experience team members.

if we are new to cryptocurrency, I don't think it's too complicated if you want to invest. Don't be money-oriented in investing, because our lives will not be calm. we have been presented with top coins that can be used to invest without requiring too complicated analysis. and after we place the main investment, then we can learn to invest in new coins, by learning first. This will reduce the risk of losing money. especially if we directly place it on a new altcoin that is not necessarily developed, of course the risk is very big

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.

I would first look at the team of a project that will launch or issue a cryptocurrency before investing. I research that team and see what kind of work they've done. After that, I look at its technology and see if this technology comes across as utopian or if it can actually be put into operation. After that, I take a look at the sponsors and partnerships they share on their websites. Because most projects fill this sponsorship section with false information to defraud people. If there is any truth in these, I will slowly start to warm up to that project. After that, I look at their social media accounts and check their likes and followers by browsing their posts. If there is an excessive amount of bots, I will approach again with caution. Because in this case it is a problem. There are projects that can be understood to be fraudulent in a short way. For example, he says that many projects aiming to be released will be listed on binance soon. Every project that says this means that, in my opinion, it has taken the first step towards becoming a scam. Because, as per the binance policy, no one can share or leak it until binance makes the listing statement. In such a case, they are delisted without being listed. I invest with all of these in mind.

Somehow this was my checklist when I was looking for new coins to buy in the market. When it is in Binance, it's a green light for me although I wouldn't count the exchange itself alone as fees are bit of a pain sometimes which kind of hurts my capital when I was day trading back then.

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It was thorough DYOR for me back in the days.

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.

As a rule, exchanges such as Binance conduct a thorough check of the coin before its listing and this should inspire confidence for the investor. But in this case, you should understand that you will have to pay several dozen times more for this coin than if you buy such coins on DEX before they receive a listing on CEX.

I think before you do any investment you need to clear about what kind of expectations you on your investment respectively what your goals are with your investment. If you want to invest a significant part of your savings into crypto and a total loss of those funds would really hurt you then you should invest into projects that are already established and big. Of course you will most likely not make a x10 of your investment even if we are going into a full bull market but on the other hand a total loss of your investment is also very unlikely. It is still possible of course because you can never be 100% sure but the same is true if you invest into traditional stocks also.

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.