Finding a good project to invest in is definitely time consuming. Thorough analysis and extensive research are required to identify a potential project.
To start, I read the project objective and if the project has a unique and interesting idea then I read the whitepaper, about code wedsite is called professional or not
I try to understand its technical aspects and how it will develop in the future?. but I usually focus on investing in the top coins, because it makes me feel safe and can hold it for the long term.
Topic: How you choose projects for investment - page 16. (Read 2409 times)
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.
In fact, the way I choose a project to invest in is to look at the project team first.Secondly, how far this project can go in the future. People all over the world have this token How much is evaluating. Their popularity on social media. I invest considering all these things. 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.
Well for me, I must follow the progress of the project from the start until at the end of the public sale or until it will get listed on the good exchange.
Most of the projects now are something good to be true but the fact you need to study them first before putting investment than it is wasting your money on them. Progress is also considering a good project, always check the roadmap of the progress status if they really hit their goal. However, depend on the concept of the project if how it becomes useful it is. I have been a victim of how many projects before, they are active in everything but I did not expect one day they abandoned their group and disapper.
Most of the projects now are something good to be true but the fact you need to study them first before putting investment than it is wasting your money on them. Progress is also considering a good project, always check the roadmap of the progress status if they really hit their goal. However, depend on the concept of the project if how it becomes useful it is. I have been a victim of how many projects before, they are active in everything but I did not expect one day they abandoned their group and disapper.
Here are some ways i use to choose projects for investment:
1. Observation : I use to take time to observed many project in the community to known the one that has more population and also good for investment. Through the observation on a particular project, it will show how good that project is for investment.
2. Research: Through research, i choose good project for investment that will bring me suitable profit at the end of the investment. Throungh the research i can be able to identify good and bad project in the community.
3. Watch : watching the project very well it will help you to know if the project will good for investment or not. The more you watch the project, the more you known the one that is good for investment.
1. Observation : I use to take time to observed many project in the community to known the one that has more population and also good for investment. Through the observation on a particular project, it will show how good that project is for investment.
2. Research: Through research, i choose good project for investment that will bring me suitable profit at the end of the investment. Throungh the research i can be able to identify good and bad project in the community.
3. Watch : watching the project very well it will help you to know if the project will good for investment or not. The more you watch the project, the more you known the one that is good for investment.
We can see the project in two ways. Somehow those are already established. Another is the ones that have just started. Before investing in the 1st one, you have to look at the road map. Watch what are their next activities? Whether there are any major activities. Whether there are any updates. Among the 2nd projects, Invest can make the most profit if you have the ability to choose the right project. Here you have to see all the A to Z of the project. If it is real and effective, it can be invested.
I agree with you. Big money goes for 1st option and small money goes for second option. Its not the same if you from 100$ make 200$ or from 100k to 200k. I had some luck getting 3-4k with 100$ but until you get the right one there will be fails on the way.
We can see the project in two ways. Somehow those are already established. Another is the ones that have just started. Before investing in the 1st one, you have to look at the road map. Watch what are their next activities? Whether there are any major activities. Whether there are any updates. Among the 2nd projects, Invest can make the most profit if you have the ability to choose the right project. Here you have to see all the A to Z of the project. If it is real and effective, it can be invested.
With so many new projects out in the market, we should already have the standards and basis before we invest and this is a must because not all is worth to try. I have my personal list and yes I also look for its teams, future plans and their purpose in the market, because if they just copy other project then for me its not worth it because the unique project here always succeed.
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
Well that's a simple method that investors can do before entering their finances in crypto for a long time. But for point 4, then what about the Ethereum project which until now has not reduced its high costs and the slowness of confirmation until now is still a complaint for all investors. In fact, it did not stop investors from looking for other projects. Besides the advantages, investing in the Ethereum network is very profitable.
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.
Near protocol is definatelly a winner. And i bought it on the private sale, so i'm sitting at over 50x at the moment.
These 4 points are good and valid, but one thing is missing, good marketing
You mention some very good points for choosing a good project for investment. I want to add a point here and that is Litepaper and Whitepaper of a project. If you read the Whitepaper of a project you can understand whether it is legit or not. Also you can check the roadmap of a project.
The four categories mentioned by the OP are very important as the basic value of the project to be invested, this basis has a strong basis in which they will know about the project to be carried out in the future, but know that in a new project you must be prepared to risk losing.
It is possible that some investors will judge more deeply about the project but in the projects you mention not all will agree with your investment but what you do with the research is already a good thing and not a good thing to invest for others.
It is possible that some investors will judge more deeply about the project but in the projects you mention not all will agree with your investment but what you do with the research is already a good thing and not a good thing to invest for others.
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.
Finding a good project to invest is definitely time consuming. Thorough analysis and extensive research is necessary to identify a potential project.
To start with I read the objective of the project and if the project has an idea which is unique and interesting then I read it's whitepaper.
I try to find out the technical aspects of it and figure out how efficient would it be to solve the problem.
Then I find out the dev team and their experiences. After all of this if the project is still worthy then I get into the numbers.
The initial sale, the accumulation of coins by the team, investors and community, market cap and supply etc..
If all of these are satisfactory then I wait for a good entry and then buy the coins and keep accumulating them in every dip.
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
4)I saw a lot of descriptions for most projects that are talking about solution of high fees and speed of transaction. I think that this shouldn't be a case anymore as most of the crypto projects are looking to solve all of it. Honestly, a lot of cryptos have cheap fees and quick too but not going far, the king, bitcoin has became one of the cheapest and its speed is also quick so the solution about these factors have already been solved.
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I want to know how you choose projects for investment?
You have been mentioning your criterias about why you're picking near as your investment but it seems like that you didn't even think about the usability of token. The protocol token was good but we have bunch of protocol tokens in the market. What did I focus on when choosing it for investment?
Those are good points to pick which the best investment for you but i just wanna try to remind you if a token without any usability would be useless. There are lots of blockchain tokens that already abandoned as it didn't have more utility usage. You must add utility usage of coin or token as a very important part to determine whether that's legit investment or not. You should investigate if there is a big community and there are many people who trust it and want to invest.
Creating a large community is now very easy. But it's important to assess the quality of the project, its ideas and vision, and their strategy. In the end is still their product or utility if the marketing strategies are guaranteed to attract. There are many quality projects, but losing the attraction from marketing and community management campaigns leads to failureWhat matters is your DYOR it belongs to you. Not a puppet based solely on the crowd's response. That is very dangerous.
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.
To choose a project in investment, we need to set a time period, where the time period will be adjusted to the condition of the coin in the market, usually most people before starting to invest, find out how far the movement of the coin you want to invest, whether it has good potential and market trends, so that when we decide to invest, we already know the prospect of the coin, and now the opportunity is very open, with the existence of altcoins in the market that has the potential for movement in the coming year.
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Careful of number 1 though. Team members should have at least an established LinkedIn profile, as just by saying that they work for Google does not prove it all. I can say that I work for Microsoft, Amazon, Geek Squad (lots of refund and even tech support scammers claim those), and some people would just believe me if they did not bother to check my background and if it is even legitimate. From what I can see to some scam projects from SA board, some even use and photoshop to fake out those stock photos.
I want to know how you choose projects for investment?
Most of the time, I only invest in public IDO projects to limit the risks from word-for-word projects like ICOs before. Although not IDO projects built on defi platforms are profitable. But surely, each person will have to have their own DYOR to assess the trust of the project is the first thing to do, base the decision and accept it.Currently, I am interested in Rangers Protocol, it will be launched IDO on polkastarter launcher.
I agree with these four points, but I think the benefits of a project must really be felt by the token holder or the user of the ecosystem, the roadmap must be clear and keep the promises made in the roadmap.
The problem now is to fulfill the promises that have been written in the roadmap, because not all projects can run smoothly according to the roadmap if they do not have cooperation partners and also the interest of investors to join them. 
100% agree the team is the first thing I look at. If they are anon I will skip right on by. I dont have time for that kind of stuff anymore. I stopped following anon teams back in 2017 when things got stupid with rug pulls and other cash grabs. Second I look for a strong roadmap that solves a problem and could actually contribute something. Third is institutional backing of any sort and then looking at how much marketing they are doing and how many real followers they may have. If they pass all those criteria I will likely start a small position.
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