Topic: How to tell if a new coin is worth investing in! - page 3. (Read 390 times)

Thanks, I won't promote this project blindly because that doesn't make sense, the only thing to look forward to is to really understand the market demand and complete the new idea, only if you take it seriously, then you can succeed.

Yes, honestly, I'm trying to start doing market research now, I think the only way to build a successful project is to understand the market needs and be able to successfully complete own idea.

Yes it is.
The only question is, is there any project who did that? There might be some in the past though I can't say the projects because I forgot them.

I've seen projects in the past that offers a completely new technology, and it seems sustainable in the long run, but for whatever reason it is, it ends up as a failed project. Nowadays, a completely new concept is very rare already, and most of the new projects that are popping out of nowhere are just either a clone of an old project, or a project that integrates 2 use cases from 2 different old projects. I don't want to say that it's bad to copy, but that strategy will not be sustainable in the long run, and that's the reason why most of the projects are failing I think.

Anyway, to answer your question on how to tell a new coin if it's worth investing in, there's no way to know it since you don't know the future of every new project. What's certain is that most of the new projects are ending up as a scam whatever the concept is, so in short it's hard to know.

A representative of a new project.
Your username speaks on the project that you want to advertise here. I guess good luck with your new project. Hoping that your project will be a successful one, your project will be different from what we are seeing already, and you will not scam investors.

Everything that is revolutionary on the crypto side always has its place, we can see how Ethereum brings a new atmosphere with its Blockchain 2.0 which enables other tokens to run on its network. So, if the project you are talking about is really a differentiator from other projects, of course the project will get attention from the public and become a worthy investment.

But wait, are you soft-shilling for MundoCoin? Because your username can be a representation of what you bring, LOL.

Yes, it's understandable.
Whether or not a project is worth investing in, apart from innovation and the need to verify that the technology can achieve its goals and is not just an empty dream!

Of course it's potential but it doesn't guarantee that the project will be a success. In the past there were many projects that offered new technologies such as decentralized markets or metaverse technologies. This means that it takes in-depth research to see if the project is worth buying or if it will just be like several other projects that have failed.

Not totally the assurance that it they will make it. Of course, a developer will say something promising in order to gain the trust and attention of the community making it believe that they can give the best thing possible. However, in many instances happens that they only just promise but have never happened in actual. This is why it was hard to determine if that project is worth investing in unless they will witness its performance. In fact, just like Bitcoin before, only it gains massive attention when it shows something different which makes people invest in it.

If what they offer are solutions, continuous development and a clear vision for the current or next year, but if all they offer you is promises of quick profit and investment that will bring you a high return or you will become rich in a week, then it is a fraud.
The golden opportunity is usually hidden and not known to many, but whenever many knew it and it was reported by the media and everyone wanted to invest in it, then it is the right time to sell.

In the altcoin market this represents less than 1%.

Make sure that the coin in which you are investing in is not vaporware, when bitcoin was released Satoshi did not had simply an idea on a piece of paper, he had a working software that people could use immediately.

Many coins over the years have made all kind of promises on their white paper which were incredibly impressive, but they could not really make their vision a reality and as such the project failed, so do not let yourself be deceived with sweet words, ask for the developers to show something tangible and if they cannot do it then move on and forget about that coin.

Read the entire use-case and analyze from there how that coin technology does make sense.

Everything has the chance to have potential but it depends on:

- how realistic the use-case is
- is it really necessary to be applied or implemented
- will it solve some of the usual issues in crypto and so on

To the question, if it's worth investing, there's no accurate answer to that. Even with how potential the project is, without proper funding, good support, and unable to attract more investors, it might have a hard time achieving all those goals in the roadmap.

It is worth investing but with a dozen-ton of consideration since this is completely new the project could boom in a second or die in a second too.

Concept like metaverse project for now isn't really worth to invest since the tech currently not that advance and still small people that use metaverse thing. What the project you are talking about anyway

If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?