Topic: How to distinguish between good and bad projects - page 11. (Read 16880 times)
At the moment the bears are dominant not only in the crypto market but also in the ico market so untill we see atleast 50% recovery in the market based on 2017 volumes. Plus we should be vigilant and avoid low quality projects and discourage them by not investing in any of them.
It is quite difficult to distinguish them, because very often the information that they publish about their project does not correspond to reality. Nevertheless, really good projects simply have to have partnership agreements with other companies and a officially registered business. And the bad ones often don’t even have white paper and information about their team is missing or just fake
For now it is still very difficult to determine which is good or not because the current conditions are still very quiet. Maybe what you can do is to monitor at least until the project can really run according to the roadmap they make.
Good project has some criterias. Good project will have clear motive, transparent deals, skilled team members. They will try to maintain good community support and important thing is they will try to follow through their deadlines, product development and roadmap. Missing deadlines, is a red flug. But sometimes unusual delay happens as the road is not that smooth
How can you quickly distinguish between good and bad projects and even being invincible in the bear market？
This is one of the most common and yet very difficult to answer question in the cryptocurrency world. You have to do some rigorous search like going through the whitepaper, seeing the team behind the project, token structure, project idea (whether its feasible) etc.
I differentiate between good and bad projects by looking at the products offered, teams, sales outlets and reading the second whitepaper. a good project in my opinion is that the project already exists in the market when the sale takes place.
I've written a post here about it:
https://bitcointalksearch.org/topic/analysing-icos-applies-to-crypto-investment-in-general-3760625
it's only my ideas of how to evaulate a project, you should always be sure of your investment personally.
https://bitcointalksearch.org/topic/analysing-icos-applies-to-crypto-investment-in-general-3760625
it's only my ideas of how to evaulate a project, you should always be sure of your investment personally.
Why not just create a proper thread introducing your app or whatever that is instead of using misleading titles?
Either way, you can never truly determine or distinguish a good project and a bad project. This one also depends on personal judgements. I've also seen projects with good ratings but ended up a failure.
Either way, you can never truly determine or distinguish a good project and a bad project. This one also depends on personal judgements. I've also seen projects with good ratings but ended up a failure.
When choosing a project, first of all I pay attention to the team in which the biography of each team member is available and which can be easily checked (in one project, a photo of one of the team members turned out to be fake - they took it from some dating site, lol). Then I look at the feasibility of the product. If the developers propose a project that is able to solve some problem, this project is definitely worth my attention.
Sometimes it becomes very difficult to spot a bad project, especially when the team have a well planned strategy after understudying good and bad projects. However, the team of the project speaks volume of their reputation. I will rather prefer a team with a track record than newbies to Fintech. If one is careful and patient enough, they will just keep committing blunders in their social media, especially their telegram chat group. The problem they aim to solve has to be weighed against their design and existing projects and it work-ability.
As a rule, it is not easy to distinguish projects, because scammers try to do everything correctly and beautifully!
I see when the project has clear objectives and the team has public trust or extensive experience in managing the project, of course I think it's good, but I always remember that the market is always moving so that good and bad projects are difficult to know precisely. but at least the project has passed the softcup stage
I'm wondering if you are interested in our rating project, it is in beta now, and if you want to have a try, I can give you the download link.It is not perfect now and still has a long way to go, but we are trying to improve it.
It will be pretty cool if our product can help you.
Hope to receive you reply
How can you quickly distinguish between good and bad projects and even being invincible in the bear market？
In fact I join an ICO Rating Project recently and now I am testing if the project do help to investors.
Our team has analyzed almost 3,000 blockchain projects.
The analysis dimensions include Exchange, Community, Sentiment, Code and Market.
This project began half a year ago and is currently in beta.
Contact me if you are interested and you can download it for free.
A good project will always have a solid community behind it. Remember you can try to take the telegram group as an important thing to determine how good it is. As far as i know the good project is widely known by a lot of big names too. In fact I join an ICO Rating Project recently and now I am testing if the project do help to investors.
Our team has analyzed almost 3,000 blockchain projects.
The analysis dimensions include Exchange, Community, Sentiment, Code and Market.
This project began half a year ago and is currently in beta.
Contact me if you are interested and you can download it for free.
I see when the project has clear objectives and the team has public trust or extensive experience in managing the project, of course I think it's good, but I always remember that the market is always moving so that good and bad projects are difficult to know precisely. but at least the project has passed the softcup stage
ICO rating is really not a good way to differentiate them,If a project is legit it will have a good educated blockchain experts and other well reputed person on it,bad means they don't have much clear vision about their project they just here for making some money.
We analyze the ICOs from numeral dimensions include Exchange, Community, Sentiment, Code and Market. And hope this can help investors get a real understanding of different ICOs.If you are interested in it, I can show you the download link
I was expecting some tips and not some project promotion here. You could at least provide some valuable content before shilling your own project. Such a poor marketing attempt.
The APP is now in beta, and we are trying to figure out if it do help the investors, and making it a better product which can meet the market.I didn't show our download link because I don't want to border anyone, if you have interest in it I can give you the link
ICO rating is really not a good way to differentiate them,If a project is legit it will have a good educated blockchain experts and other well reputed person on it,bad means they don't have much clear vision about their project they just here for making some money.
I was expecting some tips and not some project promotion here. You could at least provide some valuable content before shilling your own project. Such a poor marketing attempt.
-watch out for fake teams no matter how good and tempting the website design looks
-secondly all those rating sites are not trustworthy ,they get paid to rate any project as 'high' ,I stay away from them
-don't invest in projects that delivers something that other projects have already offered
-secondly all those rating sites are not trustworthy ,they get paid to rate any project as 'high' ,I stay away from them
-don't invest in projects that delivers something that other projects have already offered
In fact the project I mentioned above analyze crypto currency by Exchange, Community, Sentiment, Code and Market.
Their data and analysis looks objective and people can leave comments there.
It is currently in beta so we can download it for free now, if we are willing to help them test this new APP.
How can you quickly distinguish between good and bad projects and even being invincible in the bear market？
In fact I join an ICO Rating Project recently and now I am testing if the project do help to investors.
Our team has analyzed almost 3,000 blockchain projects.
The analysis dimensions include Exchange, Community, Sentiment, Code and Market.
This project began half a year ago and is currently in beta.
Contact me if you are interested and you can download it for free.
As practice shows does not help, projects begin to delay profits and invent new conditions for investors to leave with nothing. So in such conditions there are no good projects yet. In fact I join an ICO Rating Project recently and now I am testing if the project do help to investors.
Our team has analyzed almost 3,000 blockchain projects.
The analysis dimensions include Exchange, Community, Sentiment, Code and Market.
This project began half a year ago and is currently in beta.
Contact me if you are interested and you can download it for free.
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