It's hard to know whether a new project will turn out to be big or a scam, like a few years ago when the Monaco Card project which is now rebranded as Crypto.com, at that time there were many attacks from various people including in this forum who did not believe in the Monaco card and only thought scam project, but now crypto.com has become a big project and has great capital power, proven to be a sponsor of the UFC.
This is related to my previous response, there are projects that are not scams but that never realize their true potential, and why is that? Execution, many times we see tens of projects that are very similar to each other, and the market does not have space for so many projects so only a few of them will become successful, and most of the time everything will depend on how the developers are able to ground their vision and make it a reality, and unfortunately most of the time it is impossible to tell beforehand which project will prevail and which one will fail, so at some point you will have to take a risk and choose the project you think has the highest chances of success at implementing their goals and make them a reality. 
Topic: How to know if the project has a big future. - page 3. (Read 610 times)
I think this is a difficult thing to know whether the project we are following is good or not, scammers always know how to convince investors, they can make social media, discussions on discord or telegram look like real, what we can do is invest with a high value we think is lost.
Persuasion always only slightly improves an investor's mood and causes a slight delay in their thinking, but immediately after, I believe investors like us can distinguish and have suspicious expressions about fake developers, so the loopholes of scammers are always discovered very early and our future is always alerted and not attached to these projects. However, knowing the project is transparent and not fake can't let us find loopholes about its future either, sometimes projects are just redirects in a coincidence and coincidentally that's the hot spot of the trend legendary
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I think this is a difficult thing to know whether the project we are following is good or not, scammers always know how to convince investors, they can make social media, discussions on discord or telegram look like real, what we can do is invest with a high value we think is lost.
It is indeed very difficult to eradicate the scammers who are in cryptocurrency now, although some people have been able to identify it through several ways which also will not be optimal to prove they are scammers so everyone needs to find a wiser solution for this in a way avoid it through indirect trust for every offer they open to everyone in cryptocurrency.
The projects that exist and develop sustainably always focus on building a solid foundation structure and are always creative in terms of utilities as well as additional features… always listen and respect the community. That's why I love Sovryn. They do more before they speak, and shitcoins always do the opposite. Those projects that take value as a standard, always trying to benefit them from the start will fail in the short term as I guess some of the metaverse cages out there, only a few get it. The rest will be slaughterhouses
I think this is a difficult thing to know whether the project we are following is good or not, scammers always know how to convince investors, they can make social media, discussions on discord or telegram look like real, what we can do is invest with a high value we think is lost.
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
You can buy more PYR today and hold it for a long time but you are also carrying the risk behind that token so you need to be careful as we will not know what can happen to PYR. If you accept the risk that PYR can not increase in the future, you can continue to hold that token and not sell if the price does not reach your target price to sell. We do not know if the project has a big future because that will depend on how the team works and achieves what they want. If they are a solid team, I am sure they will become bigger in the future. To know about a project that has a big future. For example the PYR project. At first we immediately sell because the price will fall if we do not sell immediately. But now we can see how the progress of this project. Sometimes a seemingly mundane project can become a gem.
Yes cases like that often happen and it's not easy to know whether the project is a potential project and has a bright future,to know that we need to do research all the time and I think that's important,
because sometimes there are projects that are predicted to have a bright future but end up being scams
we can't deny that there are still a lot of scam projects so we have to be really careful,
at least we have to do routine research on the project
To know about a project that has a big future. For example the PYR project. At first we immediately sell because the price will fall if we do not sell immediately. But now we can see how the progress of this project. Sometimes a seemingly mundane project can become a gem.
Yes cases like that often happen and it's not easy to know whether the project is a potential project and has a bright future,to know that we need to do research all the time and I think that's important,
because sometimes there are projects that are predicted to have a bright future but end up being scams
To know about a project that has a big future. For example the PYR project. At first we immediately sell because the price will fall if we do not sell immediately. But now we can see how the progress of this project. Sometimes a seemingly mundane project can become a gem.
Yes cases like that often happen and it's not easy to know whether the project is a potential project and has a bright future,to know that we need to do research all the time and I think that's important,
because sometimes there are projects that are predicted to have a bright future but end up being scams
On the off chance that you see such activities better to remain away on the grounds that its undependable and reliable when it comes speculation. I thought you saw how unsafe this venture was. so for what reason are you actually getting some information about hazard. simply focus on what patterns are probably going to overwhelm the market later on, then, at that point, all things considered, it will produce enormous benefits.
To know about a project that has a big future. For example the PYR project. At first we immediately sell because the price will fall if we do not sell immediately. But now we can see how the progress of this project. Sometimes a seemingly mundane project can become a gem.
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
Your choice to make because its your money then you do have the full control of it because not all will really be having the same insights or inputs towards a project.If it do looks on your part that it would be having potential and since its been recently listed on Binance then there would or might have the chance
for it to soar its price in the future even more even though its not guaranteed or an assurance but at least we could make out presumptions
basing on the things we are seeing now.
I mainly look through whitepaper and trying to catch some dedication from developer team. If someone is launching completely new coin/token they should have financial and mental dedication to it to convince small investors. I also consider how investors around our forum, reddit and telegram see project. I mean are they dumper or hodlers is the good question to be asked.
One more thing that persistence of the team for keep improving and doing the marketing of the project is one of the biggest factor a project could enter big exchanges. Sometimes when the project face the bear market and the price of the tokens dropped by more than 50% there are some projects who losing hope and they ran away slowly.
So i think the team of the project should never lose hope for the project if they are really sure the project is gonna make it in the future
And of course, there is a bigger promotion to encourage them to be recognized by many investors as one of the supporting attractions. Difficulty in reaching community voices became an obstacle, and this was because the project was difficult to determine which groups were really easy to attract. Like a good project, the lack of promotion will become an obstacle in the future on how to determine its success.
I mainly look through whitepaper and trying to catch some dedication from developer team. If someone is launching completely new coin/token they should have financial and mental dedication to it to convince small investors. I also consider how investors around our forum, reddit and telegram see project. I mean are they dumper or hodlers is the good question to be asked.
One more thing that persistence of the team for keep improving and doing the marketing of the project is one of the biggest factor a project could enter big exchanges. Sometimes when the project face the bear market and the price of the tokens dropped by more than 50% there are some projects who losing hope and they ran away slowly.
So i think the team of the project should never lose hope for the project if they are really sure the project is gonna make it in the future
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
I hope there is an application or if we can see it in the crystal ball but unfortunately, there is no such thing. That seems our biggest challenge now. But there is something that could help us to know if that projects are worthy and bigger chance to grow in the future and that is if listed on the top exchanges. We know that they could help to uplift their market demand and increase the price at the same time. In fact, we can see Binance giving such a thing and so it keeps this site at the top as the investors, traders, casual holders tend to give their trust and so they expect positive returns as well. 
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
Depends on you because not all would be having the same judgement or consideration when it comes to project selection or in terms of investment which these kind of decisions will really vary in your own discretion and not ours but if i were to say then better make out some in depth research before making
such step but if you do look that this project does have a big potential then its up to your decision whether you do proceed or not and also
its your money after all then you do have the full control of it.
The clearest option is the community. A project with a HUGE community that loves it and supports it will make it hyped and viral and it will go up. Look at ADA, it has been around for so many years and never really made it big, then a whole new community hyped it and even before they had a good smart contract system ready they were already at third place, now it is going down a bit but it is still doing great compared to where it was, even top 10 is good enough for it.
So, I would say that check out the community, check out telegram numbers and twitter numbers and all that, if they have hundreds of thousands of people tweeting about it, then it is probably a good coin. Obviously check other stuff as well, just community alone is not enough, but without community then all the other things do not mean anything at all.
This is true. No matter how good a project is, if there is no demand from a good and even huge community, it will be useless and never worth of investing. You will only know that this project has big potentials to have a bright future when there is a real use case on part of its supporters that will fit for it for a long term investment. Also, the project should be hyped too so that it can attract more investors and once they will start to love the project, they will put their trust on it making it as a valuable project or investment. So, I would say that check out the community, check out telegram numbers and twitter numbers and all that, if they have hundreds of thousands of people tweeting about it, then it is probably a good coin. Obviously check other stuff as well, just community alone is not enough, but without community then all the other things do not mean anything at all.
if you are a long-term investor, it means that you buy and hold without selling. If you follow this strategy, you should pay attention to fundamentals first of all as only good projects with something unique and useful under them will be in demand. If you prefer short-term trading, you should just follow hype and look for something trendy, no matter if this project is strong or just has a good marketing campaign.
I think things like this should be considered by investors, especially those who are newbies.investing long term or short term both need to use different strategies as described above,
if we only buy and sell at the wrong time of course we will lose money
The clearest option is the community. A project with a HUGE community that loves it and supports it will make it hyped and viral and it will go up. Look at ADA, it has been around for so many years and never really made it big, then a whole new community hyped it and even before they had a good smart contract system ready they were already at third place, now it is going down a bit but it is still doing great compared to where it was, even top 10 is good enough for it.
So, I would say that check out the community, check out telegram numbers and twitter numbers and all that, if they have hundreds of thousands of people tweeting about it, then it is probably a good coin. Obviously check other stuff as well, just community alone is not enough, but without community then all the other things do not mean anything at all.
So, I would say that check out the community, check out telegram numbers and twitter numbers and all that, if they have hundreds of thousands of people tweeting about it, then it is probably a good coin. Obviously check other stuff as well, just community alone is not enough, but without community then all the other things do not mean anything at all.
My suggestion is to look at a project where the admin team is clear and responsible.
So before we take the decision to join a project, we first investigate their activities such as starting from their clear and transparent website and also their sales manager so that we can know if the project is any good.
So before we take the decision to join a project, we first investigate their activities such as starting from their clear and transparent website and also their sales manager so that we can know if the project is any good.
It's true that we shouldn't be in a hurry to join a project, because we have to investigate the project. By making sure the whitepaper is not a copycat,
then checking the background of the project team, also check the project's social media activity. In conclusion, the deeper we dig into projects
before deciding on an investment, we can estimate whether the project is good or not. It is difficult for us to know for sure which projects have
a bright future, but at least we can avoid investing in scam projects, If we investigate properly before deciding to invest.
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