How to Know the right crypto project to invest in

Hamphser

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Quote from: doomloop on September 27, 2022, 03:43:30 PM

Quote from: TheUltraElite on September 26, 2022, 07:57:07 AM

Quote from: Inspiron14 on September 22, 2022, 06:13:20 AM

A beginner certainly needs to learn a lot by reading references from various things,
understanding which projects are good is not something easy and it takes a process,
one of them is by doing in-depth research and that is an important part

Research is good but going in depth properly one will realise that none of the newly launched projects are worth putting your money in. Rather bitcoin has been the one performing well and is the only good option during the bear market, heck any market at all.

Majority of altcoins are based on hyped marketing. They run for a few months or so and then crash only to be never heard of again. One does not want to spend money on such coins at all.

Truely investor-worthy projects will go to mainstream markets and not to crypto.

It's clear that even the best ones do not hold a candle to bitcoin, and that's the important thing, we should not be really focusing on anything regarding this at all. I agree that if you research long enough then you will realize that everything in the crypto world is either good and old, or brand new and uncertain.

If you want to invest into a brand new project then there is 99%+ chance that you will lose money, it's quite difficult, and the best ones rarely make you more money than bitcoin does, so it's really not a good result neither. I prefer to keep it at a level where it's strictly the good ones that we already know, it's much better return.

Thinking up sensibly and if you are a type of person who doesnt really like to lose up money or someone who do really love to play on safe then it would really be that common sense that you would really be sticking

out on Bitcoin because it had proven out that it did really sit on the top of overall market rankings for a decades time and never been replaced by any altcoins in the market.We know that there are established

coins and there are low cap ones but surprisingly there are people who do really love to play with fire and take up some risk on trying out to invest with those low caps
and believing that it could generate out lots of profits later on if they decision was indeed right and it did really paid off.

doomloop

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Quote from: TheUltraElite on September 26, 2022, 07:57:07 AM

Quote from: Inspiron14 on September 22, 2022, 06:13:20 AM

A beginner certainly needs to learn a lot by reading references from various things,
understanding which projects are good is not something easy and it takes a process,
one of them is by doing in-depth research and that is an important part

Research is good but going in depth properly one will realise that none of the newly launched projects are worth putting your money in. Rather bitcoin has been the one performing well and is the only good option during the bear market, heck any market at all.

Majority of altcoins are based on hyped marketing. They run for a few months or so and then crash only to be never heard of again. One does not want to spend money on such coins at all.

Truely investor-worthy projects will go to mainstream markets and not to crypto.

It's clear that even the best ones do not hold a candle to bitcoin, and that's the important thing, we should not be really focusing on anything regarding this at all. I agree that if you research long enough then you will realize that everything in the crypto world is either good and old, or brand new and uncertain.

If you want to invest into a brand new project then there is 99%+ chance that you will lose money, it's quite difficult, and the best ones rarely make you more money than bitcoin does, so it's really not a good result neither. I prefer to keep it at a level where it's strictly the good ones that we already know, it's much better return.

alik111

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Knowing about the right project to invest in crypto not a easy task at all. Because many scam projects are launching almost daily. We need to notice their project details,team members and white paper to learn about know how much efficient to invest in.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Inspiron14 on September 22, 2022, 06:13:20 AM

A beginner certainly needs to learn a lot by reading references from various things,
understanding which projects are good is not something easy and it takes a process,
one of them is by doing in-depth research and that is an important part

Research is good but going in depth properly one will realise that none of the newly launched projects are worth putting your money in. Rather bitcoin has been the one performing well and is the only good option during the bear market, heck any market at all.

Majority of altcoins are based on hyped marketing. They run for a few months or so and then crash only to be never heard of again. One does not want to spend money on such coins at all.

Truely investor-worthy projects will go to mainstream markets and not to crypto.

Bhig Daddy

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No matter how I examine the different coins, Bitcoin continues to be the most profitable and advantageous coin to invest in. Bitcoin is still the most trustworthy option. The reliability aspect is one important consideration when dealing with most of these coins, and it is not advised that I invest heavily in any of those coins, even if anyone would be doing so. When it comes to investments, Bitcoin is undoubtedly the king of all other coins. I would choose it over all other coins because you will typically make more money if you invest in it.

Inspiron14

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Quote from: BobK71 on September 22, 2022, 02:00:12 AM

Quote from: Agwu on August 12, 2022, 05:41:30 AM

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

A newbie will not easily understand which project is good. He may have to seek shelter from others. Because those who constantly research about the market and who have been keeping an eye on the crypto market for a long time. They are the only ones who can guess the best project. But the simplest is that if an investor blindly invests in the first 20 projects according to the list of coinmarket caps ranks, I think his investment will not fail. It is known as a simple and reliable medium of finding good projects.

A beginner certainly needs to learn a lot by reading references from various things,
understanding which projects are good is not something easy and it takes a process,
one of them is by doing in-depth research and that is an important part

BobK71

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Quote from: Agwu on August 12, 2022, 05:41:30 AM

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

A newbie will not easily understand which project is good. He may have to seek shelter from others. Because those who constantly research about the market and who have been keeping an eye on the crypto market for a long time. They are the only ones who can guess the best project. But the simplest is that if an investor blindly invests in the first 20 projects according to the list of coinmarket caps ranks, I think his investment will not fail. It is known as a simple and reliable medium of finding good projects.

stomachgrowls

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Quote from: Patigi on September 20, 2022, 01:52:54 PM

Quote from: Agwu on August 12, 2022, 05:41:30 AM

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

If you really want to invest I will advise you to go for Bitcoin because Bitcoin is not like other coins that always dump anyhow compare to others altcoins or tokesn that can even die. Take Luna for an example see when just within two days, but you to take high risk of gambling you for other that can pump 100 percent between and dump 300 percent in a hour.

When you do make out investment then you shouldnt really consider out on having that gambler like mind and its never been good to have that kind of engagement where you are really that trying out to

guess randomly.Nothing beats if you do really apply that kind of strategic selection but of course it would really involved out in depth research which is always been needed or action which should really be that standard.You cant just throw out some money on investment without having those kind of considerations.

Knowing the right project will really be depending on someones choice.We do have our own categories and criterias on which we do consider if its a good project or not.

Patigi

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Quote from: Agwu on August 12, 2022, 05:41:30 AM

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

If you really want to invest I will advise you to go for Bitcoin because Bitcoin is not like other coins that always dump anyhow compare to others altcoins or tokesn that can even die. Take Luna for an example see when just within two days, but you to take high risk of gambling you for other that can pump 100 percent between and dump 300 percent in a hour.

monineklutak

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Quote from: BitcoinPanther on September 03, 2022, 04:35:11 PM

Quote from: Agwu on August 12, 2022, 05:41:30 AM

But the question now is how does one get to know the right crypto project to invest in?

Of course the first one to consider if one is looking for a crypto project to invest in is the demand. If there is demand then the price of the cryptocurrency will continue to live. Second is the community, we must know whether the community of the project is huge or small. Next is the credibility of the developers and the most important is whether the cryptocurrency is acknowledged by the the government of different countries. In short, there is nothing more worth investing than Bitcoin.

In considering this, of course, we need to do in-depth research first and that becomes an important part,
but indeed investing in Bitcoin is still a good decision because the future is bright and it will be profitable,
what is important as much as possible to make decisions for investments with low risk

dezoel

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Quote from: Luqman on August 30, 2022, 06:56:06 PM

Quote from: Agwu on August 12, 2022, 05:41:30 AM

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

How much money do you have?
If you don't have a too big amount of money, you simply choose the top coins for your investment.
You don't need to do a too deep analysis, just pick the top coins which have good fundamentals. Besides BTC, you can invest in ETH, BNB, DOT, ADA, MATIC, or SOL. These coins are the safest coins to invest in, but it doesn't guarantee huge profits. You need to know when the best time to buy and when the time to sell them. Please, learn the market trends in crypto.

I think it is the opposite. If your money is small then its fine if you can gamble them in the risky coins because you will be alright even if you lose them but if ever you got lucky then congrats because that small amount you put can bear you a couple of hundreds or even thousands of bucks in a short period of time.

I know this sounds promising but the only downside is that it cant occur at all times so it is still wise to save up that small amount and then put it in the top coins for a better success rate. Indeed that knowing the right coins isn't alone but we also need to know if when is the best time to buy and sell. These times are still great for buying because we are still in a bear while the best time for selling is when the bull run starts or when the prices of the coin climbs another new ATH.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Digital_Lord on September 03, 2022, 12:11:45 AM

As soon as you have understanding of the project and decide to invest, you should visit their website and in depth read all of the materials. Have a look on the notion that led to the project's success and determine whether the organization and program are popular as well as how many people are engaging in it. In reality inspection will make it simple to make findings that would not lead to errors.

If people put in so much effort to research the project, there will be less investors because they will all realize the truth, that is the hiding of facts and simple ignoring of other facts by many projects. But in this world, people want easy gains and they wish for others to do the dirty work for them, hence it is easy for shills to manipulate and push these projects in the hands of the investors.'

Obviously these investors are never heard of again. Grin

The right project to invest at any time is bitcoin, there is no doubt about this. Some altcoins maybe are worth buying but should be done with caution, mainly the top few.

@sriyan

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Quote from: Agwu on August 12, 2022, 05:41:30 AM

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

You can do following analysis types to find the good project. You can starting from the fundamental analysis. If you are long time investor, then consider about bitcoin.

1. Fundamental Analysis
2. On Chain Analysis
3. Off Chain Analysis
4. Sentiment Analysis
5. Technical Analysis

BitcoinPanther

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Quote from: Agwu on August 12, 2022, 05:41:30 AM

But the question now is how does one get to know the right crypto project to invest in?

Of course the first one to consider if one is looking for a crypto project to invest in is the demand. If there is demand then the price of the cryptocurrency will continue to live. Second is the community, we must know whether the community of the project is huge or small. Next is the credibility of the developers and the most important is whether the cryptocurrency is acknowledged by the the government of different countries. In short, there is nothing more worth investing than Bitcoin.

dunfida

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Quote from: kesmex on September 03, 2022, 10:30:03 AM

there are several things that must be considered when you want to invest in crypto projects, especially in new projects,
because new projects have a higher failure rate than old projects,
of course one of the things you should pay attention to in my opinion is the team from the project itself,
if they are transparent and have indeed been audited, then I believe the new project can be said to have a good rating

There are always hidden gems or underrated projects on the market which is something that i do always look upon but not really that much considering on how many new projects that emerged on the market then it is

really that time consuming but in overall ways and aspect then this is the way you would really be that doing whenever you do make out some investment decisions.In depth research and a little bit mix of intuition.

No one could easily tell on what project would really be flying out with colors in the future because even good ones do really fail and not really able to get sufficient community support thats why it do eventually dies.

kesmex

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there are several things that must be considered when you want to invest in crypto projects, especially in new projects,
because new projects have a higher failure rate than old projects,
of course one of the things you should pay attention to in my opinion is the team from the project itself,
if they are transparent and have indeed been audited, then I believe the new project can be said to have a good rating

BobK71

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Quote from: Franctoshi on August 31, 2022, 04:51:18 PM

To know the right crypto project Go and check the characteristics of Bitcoin, in terms of it limited supply, store of value, security, freedom form of money used for buying and selling, Best performing asset in terms of growth over the past years when you zoom out 2yrs-10 years plus, if any other cryptocurrencies project has this qualities, then you've found a good project to invest in, but if there's non, then know that Bitcoin is literally the right crypto project to invest in aside every other cryptocurrencies project out there and you would have rest of mind.

This is just like asking question when you're in heaven , how do I know heaven when you already in heaven.
#Bitcoin is a safe heaven right crypto project for you to invest in.

Knowing the right crypto projects to invest it requires good knowledge. Those who have been with crypto for a long time can already judge which one is good for investment it is depend on the analysis on different types of development and market demand makes it easy to decide the best project. We all usually keep Bitcoin first and then you have to carefully select which altcoins are good to invest. I think Ether, Matic Sol and BNB are good for investment.

Silent Sam

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First, you need to find a project with a good concept whose concept is very good as you can catch metaverse there are several famous projects like sandbox MANA blocktopia if you look at their goals and the team they are very strong in that aspect always you have to look project's goal concept and team to invest in that project and have to see how big their community is and how much demand they have.

Digital_Lord

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As soon as you have understanding of the project and decide to invest, you should visit their website and in depth read all of the materials. Have a look on the notion that led to the project's success and determine whether the organization and program are popular as well as how many people are engaging in it. In reality inspection will make it simple to make findings that would not lead to errors.

Franctoshi

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To know the right crypto project Go and check the characteristics of Bitcoin, in terms of it limited supply, store of value, security, freedom form of money used for buying and selling, Best performing asset in terms of growth over the past years when you zoom out 2yrs-10 years plus, if any other cryptocurrencies project has this qualities, then you've found a good project to invest in, but if there's non, then know that Bitcoin is literally the right crypto project to invest in aside every other cryptocurrencies project out there and you would have rest of mind.

This is just like asking question when you're in heaven , how do I know heaven when you already in heaven.
#Bitcoin is a safe heaven right crypto project for you to invest in.

Topic: How to Know the right crypto project to invest in (Read 1194 times)