Topic: How you choose projects for investment - page 12. (Read 2409 times)
Events provided going forward, great marketing of the project team, renowned project partners. This should also be considered. In addition to the points you mentioned. However, be careful also with projects that offer high discounted sales. They usually come just to create one hype.
For me, if we enter unto a new project for investment, first we should know if the team is real and not fake, and also their white paper should be authentic and not plagiarized, by that we can assure that the project is genuine and real. After that, we now have to go to the factors that the project ia going to be successful in the long run, like having a good and innovative idea, and strong community such that it is build by a strong team. And that project could be a successful in the long run.
I am very focused on the team in the project to be chosen to invest.
OP mentioned very good points here. A good experienced team is essential to make a project successful. But you must look at other things. You can read the whitepaper of the project once it will clear your ideas about the project.
My goals determine what I look out for in new and existing project. If the fundermental factors and market analysis of Cryptocurrency I am interested in allign with my goals, I then go ahead to learn everything I need to know about the project! If I holding a coin for short term, I do not bother myself about the fundermental factors, I look at market acceptance and the hype!
In can accept team, own blockchain, solving existing problems in cryptocurrency but not the community. Because most of the followers are fake and not real. You shouldn't focus to them.
Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
Always check their tokenomics, whitepaper, and their developer or team if they are real or not.
Because some of them are just revising the whitepaper where in short they plagiarize it were in the end
they will have a red flag for this matter.
if I choose a project, that is by following developments on social media such as twiter, telegram, and whatsapp grub there are sometimes those who discuss topics related to promising projects, after looking for info and some new references assign or join the project
It is necessary to check everything before investing. That price of the coin would continue to grow the coin must be in demand for a long time and the project must be useful. Now appear a projects that try to unify all blockchain ecosystems. Here you can read how they plan to do this https://pacificdefi.medium.com/pacific-defi-listing-on-pancakeswap-wednesday-september-17th-4pm-utc-8b95f42825fe
There are a lot of different cryptocurrencies and a lot of different blockchains but it must be a unification between different blockchain that it will be more simple and comfortable to use different blockchains.
Choosing a project by considering the Team of the project as the first for me was in accordance with what I did. For me, the team that manages the project is very important to pay attention to because the success or failure of the project really depends on the hard work, honesty and openness of the team in developing the project.
Of course having a good team in the project is very important it is also worth paying attention to the fact that the command code is open. This allows us to understand the project and not just trust the developers who write the code.
Choose good project depend what kind of this project using for, right now many project have gaming platform and I think very good respond from many investor, but have real product with gaming launching and keep worth to make higher price for the future. I will participating on ICO project gaming later if have good planning and road map.
I am very focused on the team in the project to be chosen to invest.
OP mentioned very good points here. A good experienced team is essential to make a project successful. But you must look at other things. You can read the whitepaper of the project once it will clear your ideas about the project.
Make research if the people behind can really help the project to become successful in the future., because that's the most important, wherein just don't base on what you saw or what you read about the project because nowadays it can be done easily or should i say through copy paste.. So be aware and make more research so that you can obtain more information if the project has a potential or not.
The four things are suitable to focus on considering projects to be chosen to invest. Starting from the team involved to solving problems experienced. Of the four points, I am very focused on the team in the project to be chosen to invest.
I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.
This is best use case for any investment because you are going to buy something, and you have right to have all information about this first just check about project then secondly check product and team if you have all information and then feel good you can invest because now you are in good place otherwise you have wide open market jump and search for another project because it's your right in all cases.I think the easiest way to drive investors away from a project is failed promises, only a few projects keep to their promises. Project its community transparency socials and then try out the project yourself.
It is necessary to check everything before investing. That price of the coin would continue to grow the coin must be in demand for a long time and the project must be useful. Now appear a projects that try to unify all blockchain ecosystems. Here you can read how they plan to do this https://pacificdefi.medium.com/pacific-defi-listing-on-pancakeswap-wednesday-september-17th-4pm-utc-8b95f42825fe
If it's about a new project, I'll give up because I can't find the details and a lot of new projects are tempting us to invest in theirs. I would prefer to invest in altcoins that already have a history so I can check how they are performing over time and check their website for updates from them. If I really wanted to invest in a new project, I might have asked my friends, but I still haven't invested directly because I'm too afraid to be scammed by them.
If you are still very afraid to invest in a new project, then avoid every offer from a new project and always do your own research before deciding on a step in terms of making a decision because new projects just don't have the performance and history in the market, while the old ones you can check it directly through the existing exchange, but informationally through the project website, I think all projects also have that. 
I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.
That's right, don't invest according to other people's opinions. We need to understand the project, how it will work and what problems it will solve. Besides reading the white paper, I also regularly check the project's roadmap, if everything works according to the roadmap and ensure the right goals, my feeling towards that project will be better.Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
If it's about a new project, I'll give up because I can't find the details and a lot of new projects are tempting us to invest in theirs. I would prefer to invest in altcoins that already have a history so I can check how they are performing over time and check their website for updates from them. If I really wanted to invest in a new project, I might have asked my friends, but I still haven't invested directly because I'm too afraid to be scammed by them. I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
I always choose an active community, the dev teams should always be in their social media platform so whenever there are some questions or queries of their investors they can easily answer them. I am also looking for valid identity of the project team, this is important for you to make sure that the project is legit. You should also look for the long-term plan of the project and that is the most important.
Remember that the numbers could be faked as well so you need to be quite careful when you are doing something like that. I am not saying that it will not work, it could very well work but I am just saying if you look at only the social media numbers and the community reactions etc, then you may end up with fake results tricking you for something that is not as good as you hoped it would be.I have seen plenty of projects with 100k+ followers on twitter, and 10k+ people on telegram and it wasn't like a ghost town neither, they didn't just bought followers and stopped, there were chats and talking in all of them as well. Then I realized they were sending the same message over and over again from different accounts on different tweets, someone wrote the exact same message on one tweet and another person did it on another tweet. I dig up further and found all those active community looking people were all just fake bots. So, be very careful.
I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.
This is best use case for any investment because you are going to buy something, and you have right to have all information about this first just check about project then secondly check product and team if you have all information and then feel good you can invest because now you are in good place otherwise you have wide open market jump and search for another project because it's your right in all cases.I think the easiest way to drive investors away from a project is failed promises, only a few projects keep to their promises. Project its community transparency socials and then try out the project yourself.
I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.
That's right, don't invest according to other people's opinions. We need to understand the project, how it will work and what problems it will solve. Besides reading the white paper, I also regularly check the project's roadmap, if everything works according to the roadmap and ensure the right goals, my feeling towards that project will be better.Therefore, never be lazy to do research to find good projects, we really have to know clearly the projects that we will buy. Because it's not good to
invest in something we don't understand, so don't rely on other people's opinions when choosing projects, because the results of other people's
research are not necessarily accurate. It's better if we do our own research, to make sure that the projects we will choose are really potential.
Jump to: