How you choose projects for investment - page 14.

Hannahanto

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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 think you have a point here... I myself always make research on projects before investing on them. About this project you mentioned "NEAR Protocol" I've been following up with them for a while for about 6months now if am not mistaken. Saw the dip at $2 and now is about $8 even got to new ath of 11.8usd. I support every single word you say about them the project has a great tesm to be precise and the ecosystem has more potential than we see from outside.

Cadaver20

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Quote from: ?? on ??

First of all, I would like to thank you personally because you have presented four very powerful methods. The four methods you have mentioned are undoubtedly very effective

Yeah, OP mentioned some very good points here. But if you read the comments on this topic, you will know some more important points. These will be very helpful in your future investment.

gabbie2010

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Quote from: rezasg on October 07, 2021, 04:09:45 AM

Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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.

Before venturing into any investment, you should always conduct an extensive research to lessen the risk of getting scammed or losing your money. Carefully analyze the project's mission and vision. Check out its white paper, roadmap, and affiliations. They must have a dedicated, legit, and transparent team. A positive community that supports the project is very important as well. I have taken into account the above criteria, that's why I feel secured holding some top-performing cryptocurrencies in my portfolio including this undervalued gem called Stakenet XSN.

Project whitepapers must reveal some insightful details about the project, while a thorough research will give details of whether the developers tried to clone another previous project, of course these are valid points that an investor must take into cognisance before investing in any project, cryptocurrencies market is very competitive hence it will take a lot of effort by the developers with a strong team to make an impact in the market else the project will fail, solving some problems isn't enough because there are lots of project like Tron that solved high cost of transaction, speed etc yet are trying to make impact in the market.

fileo

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I choose the project with IDO in trusted decentralized exchange. From there I can gather information if the project has potential or nothing. Then definitely I will visit the website and their community to observe how's going on. I chose the project that I determined will gonna give me good future from holding. It is given that the top ranking are good choice for investment sometimes new tokens are also good as long as legit and potential.

Kelvinid

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win lambo...

I understand that most of us are looking to gain assurance but unfortunately, it is really hard to see it even the top leading coins can't provide that thing. Even with that kind of market situation we've found a way to make it possible.

1.market cap
2.trading volume
3.use case

These things I'd look at first. Well, it takes time to do the search but it was not that hard if we love doing this and the fact that we look for assurance (or at least), there is no way we get tired of doing this otherwise, we just fail in the end.

cvasy

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Quote from: Jaered on October 07, 2021, 06:25:05 AM

These are all valid points you made. But however, having a project with its own Blockchain is not a deal-breaker for me. Why? Because you have some coins with their own blockchains like Vectorium, which is just plain shitcoin with no value while you have tokens like Uniswap on Ethereum blockchain, which has much more values placed on its token.

Vectorium is a completely invalid failed project so needless to say, and that's also despite Vectorium's lack of popularity in cryptocurrencies, because it really is a very bad failed project, in contrast to other projects that also have their own Blockchain with basic values

budlo

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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.

You have good criteria for choosing a project and i totally agree with most of them.
I also have Near in my portfolio and I like how the project is developing. I think there will be no rapid growth as it was with Solana but i think that the project will survive the bear market and this is the main criterion for me.

isaac_clarke22

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Quote from: TimeTeller on October 06, 2021, 06:39:25 PM

~

It is either the project was marketed badly, or the "team" is not legitimate at all.
Even with such active users, if those numbers are not going to reach the global, it is limiting itself to get the potential investors as imagine how many crypto holders are now there around the world.

coin-investor

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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)

Number 4 is the most important thing the team could be anonymously provided that they are not doing crowdfunding if they are offering or bringing something great to the community that could beat other projects then community and support will follow, there are other projects out there that many investors have overlooked or still haven't discovered, word of mouth will come if they are bringing something great to the community.

Jaered

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These are all valid points you made. But however, having a project with its own Blockchain is not a deal-breaker for me. Why? Because you have some coins with their own blockchains like Vectorium, which is just plain shitcoin with no value while you have tokens like Uniswap on Ethereum blockchain, which has much more values placed on its token.

rezasg

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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.

Before venturing into any investment, you should always conduct an extensive research to lessen the risk of getting scammed or losing your money. Carefully analyze the project's mission and vision. Check out its white paper, roadmap, and affiliations. They must have a dedicated, legit, and transparent team. A positive community that supports the project is very important as well. I have taken into account the above criteria, that's why I feel secured holding some top-performing cryptocurrencies in my portfolio including this undervalued gem called Stakenet XSN.

lienfaye

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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)

I agree with these factors and its really vital when choosing a project to invest in.

Im also looking with the project's roadmap and whitepaper so I have an idea on whats their development strategy and aim for the project to succeed.

In order to avoid scam projects we really need to do an extensive research because there are projects who look real but the motive is only to scam the investors.

fadil46

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Quote from: Wahyuihib on October 05, 2021, 10:36:41 AM

The four explanations you have written for me are enough to dare to invest in them. And there are other possible factors to add to our trust, including the number of tokens in circulation and token burning schedule. because the less number of tokens in circulation will affect the existing price

And if there are more and more enthusiasts to own the token, it will also greatly affect the price,
because if you only rely on burning, it will not be enough to get a very good price in the market.

TimeTeller

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Quote from: TelolettOm on October 06, 2021, 06:33:23 PM

The team is the basic that we must know, moreover if the team has good track records or one of them has it.
If the item is new enough and they are likely fake, just don't choose them because it is too risky.
Additionally, we must also consider the real use case of the token or coin. If the coin or token is too good to be true, it may be suspicious why it will be very perfect to see. But it will also depend on the fundamentals and also real products that are commonly make sense and logic to happen in the future. They must also have a clear roadmap in order to conform with the project development and its progress.

Team members is only one facet to look at but we have seen a lot of projects here with solid team and yet, they still ended up bad.
What I have seen here is that if the project has already working use case with many users on board.
Not because they were asked to install the app or service because of some rewards, but actually using it in their daily life.
If there are active users, the platform can sustain its presence in the market. But if only selected few can benefit from it, would be hard to maintain such platform.

TelolettOm

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Leading Crypto Sports Betting & Casino Platform

The team is the basic that we must know, moreover if the team has good track records or one of them has it.
If the item is new enough and they are likely fake, just don't choose them because it is too risky.
Additionally, we must also consider the real use case of the token or coin. If the coin or token is too good to be true, it may be suspicious why it will be very perfect to see. But it will also depend on the fundamentals and also real products that are commonly make sense and logic to happen in the future. They must also have a clear roadmap in order to conform with the project development and its progress.

SlimShadyMmp

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COMBO 2.0

I think when it comes to the team it doesnt really matter whether they are ex google or apple for you to rate the project because lets be honest we dont know how they parted ways and became exes So I will just say instead lookup the project its community transparency socials and then try out the project yourself and determine the team dedications to their course

QueenVera

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

Do not get deceived as all that does not guarantee success of the company. We have seen several projects with even more impressive teams not succeed and that of unknown teams are doing very well. The good thing about this strategy of yours is that, it will help avoid scamming project but not the best return of investment as that is not how this industry works, the higher the risk the more the reward.

When it comes to investing in altcoins, what I focused on is the utility of the project I want to invest in. I take out the fact of it been traded and trying viewing the project outside of the market and useful it will be, before investing.

carlfebz2

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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.

5. Real use case
6. Realistic road map
7. Active developments and giving out updates
8. Better prefer on using up their own blockchain
9. Something a new better idea compared on the rest.

We do have our own choices or criterias on how to select a certain project for us to invest.So this will really be just random.

Anonymous100

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Quote from: bizfyn_ru on October 04, 2021, 05:03:52 AM

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.

Everyone has different desires when it comes to crypto investing. Speaking of the own blockchain, maybe Binance also has its own Blockchain, its own exchange, and the supply rate is also lower than the NEAR coin. However, the NEAR coin also has great potential for the future, with the current low price opening up opportunities for greater investment.

Bikan

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You have done an excellent job by considering the core four aspects, but you must additionally consider the social media function and the whitepaper. In whatsoever investment, the influence of competitors should not be overlooked. Furthermore, you must consider the coin or token's utility as a critical factor in determining whether or not it is a legitimate investment.

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