Topic: How you choose projects for investment - page 8. (Read 2409 times)
Skills are also important in choosing projects for investment. The future entrepreneur should understand at least some of what he plans to give to the public everyone has their own experience we are always faced with the question of making the right decision for ourselves in the face of uncertainty. If we dig deeper into the projects, there is not enough money in the business where we will help to develop deeper. Participate in projects by verifying how active the teams are and the reliability of the manager.
Currently, there are many tools that we can use to be able to determine investment choices, I think a simple tool that can be easy to use is an analysis from CoinMarketcap, because all data and facts are in CoinMarketCap so we deserve to be the main reference.
Yes, I personally also agree from the list of points you mentioned especially before choosing a project to invest in.
I also look with project roadmaps and whitepapers so I have an idea of what their development strategy is and the goals for the project to be successful. To avoid scam projects we do need to do extensive research because there are projects that look real but the motive is only to deceive investors. We have to be careful and leave immediately if we see anything suspicious about any project you are looking at.
I also look with project roadmaps and whitepapers so I have an idea of what their development strategy is and the goals for the project to be successful. To avoid scam projects we do need to do extensive research because there are projects that look real but the motive is only to deceive investors. We have to be careful and leave immediately if we see anything suspicious about any project you are looking at.
I always check the legitimacy of a certain project before investing by simply reading feedbacks and reviews about their team. We must check on their background first because there are lots of fake projects nowadays. It's better to be skeptical rather than regret things in the end. Doing our own research is the wisest thing that we have to do.
1. Team (most of the famous developers worked in google and facebook)
Well, on this part I really recommend that their identities are true because some projects are just using people who are famous and recently worked on huge companies such as Facebook and Google.2. Strong community (more than 100k on Twitter and a very strong forum)
Sometimes, it's not still recommended to join on a project just because of the social accounts because bots are still possible, better to be safe than trusting a community that doesn't really exist. 3. Own blockchain (develop their own structure with their own EVM and cross-chain)
Some projects does rely on other existing blockchain but I really recommend this part since it's their development showing to us, it means there's progress that can be assured as an investor. 4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
Most of the projects doesn't focus on scalability problems since some projects depend on other existing blockchains already and if you're talking about another blockchain project then it will be a hard competition since many blockchains already existed such as BNB, ETH, SOL, and ADA. 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
I agree that unification is necessary for all blockchains. It will be much simple and comfortable to use different blockchains if they will be connected, unified and interconnected between each other.
Unification plays an important role. It allows to connect different blockchains. Unifications of blockchains will allow to send information from one blockchain to another.
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
It must be simple to use different blockchains that more people would use them. It will be very good if all blockchains will be unified and it will be possible to buy and sell tokens from one blockhain to another blockchain.
I think that the idea to unify and connect different blockchains is very useful because every day appear a lot of new projects on new blockchains and they must be unified and connected with each other.
Anyway, without mincing words, I congratulate you for a well job done. However, you still need to do more research on the proprietorship/partnership, project Team, Concept they bears, social activity, team active or inactive, as well as consideration for the future bofore diving further. To me personally success is sure
What you're saying is that this is a mechanism for research on each project and I'm sure everyone already knows this and obviously always applies it to the projects they are going to participate in without having to be told by someone else.
In this points,people now they are watching and concentrate where to invest can earn more and can share to others.Can invest and to do a project where is the people focusing ,SOCIAL MEDIA,and also places where can easily deal those projects ,area which is demand ,suppliers and producers can take and manage to distribute every people wanted.
Well all most likely to consider a project is worth investing or not based on the use-case, team/developers, and trading volume. We all looking for these things but it is really hard to find honestly in new projects. That is why I don't easily make a huge investment for the new projects, I just review their performance before deciding.
But for now, the market looks different, even the project don't have use-case they even make some rally (like meme coins) due to the influence of social media and especially when a known personality is shilling on it.
But for now, the market looks different, even the project don't have use-case they even make some rally (like meme coins) due to the influence of social media and especially when a known personality is shilling on it.
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
I agree that unification is necessary for all blockchains. It will be much simple and comfortable to use different blockchains if they will be connected, unified and interconnected between each other.
It must be simple to use different blockchains that more people would use them. It will be very good if all blockchains will be unified and it will be possible to buy and sell tokens from one blockhain to another blockchain.
There is no point in joining projects that have no prospects for the future. It is important to study the project development team, perhaps these people have already done successful projects and can be trusted.
There is no doubt that a good project analysis before the investment is the most important thing. Of course, we will never be 100% sure that the project will be successful, but it certainly helps a lot to reduce the risk of the investment.
For successful participation in the project, I also study the opinion of competent and respected people of the cryptocurrency world. It helps a lot to make the right decision and not to miss the benefits in the future.
Could you please share with us some examples of people whose opinion you are considering?
There is no point in joining projects that have no prospects for the future. It is important to study the project development team, perhaps these people have already done successful projects and can be trusted. For successful participation in the project, I also study the opinion of competent and respected people of the cryptocurrency world. It helps a lot to make the right decision and not to miss the benefits in the future.
Agreed, we're looking for the prospects to decide investment first. It's rarely any core developers done a successfull projects and doing another project from the beginning anymore, i never seen that project, could u mention any? My experience only on Callisto Network, which Dexaran are from Ethereum Classic.
The easy thing I can do to see the project is read the whitepaper, then focus on their roadmap, if the roadmap is in accordance with current facts then I'm sure this is a real and promising project, and several times I've proven it and get big profits with simple analysis the.
You can't determine road map efficiency if you're looking at it for the first time and as well as the project has just been out at the beginning.But look at the whitepaper, you'll get to have an idea if they're going to have a good project. Because it's going to be your first basis to tell if a project is good or not upon looking at it for the first time.
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.
you also have to look at the progress of the project, because in my opinion one of the factors that makes the price can increase is that the project always has progress, therefore if the project you are investing has a progress and runs according to the roadmap, then I think the price will definitely increase very high and success.
There is no point in joining projects that have no prospects for the future. It is important to study the project development team, perhaps these people have already done successful projects and can be trusted. For successful participation in the project, I also study the opinion of competent and respected people of the cryptocurrency world. It helps a lot to make the right decision and not to miss the benefits in the future.
There are tests on all the teams and their awareness and their social media and its channels and other projects as you mentioned earlier points to defend a project.
You just have to be more discriminating with the help you render toward other people.
You just have to be more discriminating with the help you render toward other people.
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.
As I noticed you already answered your own question, where for me all what you had stated here in this thread section are certainly correct.
Those are good basis to find a legit project here in cryptocurrency, perhaps the only thing I can add for the tips is invest what you can afford
to lose here in crypto space anyway.
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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)
1. It's very important to look at those who make up the team before investing money into any project, and this is why I personally don't patronize projects with anonymous team.
2. Strong community is also very important as you've right said, community is the back bone of any crypto project and without it, project will hardly move forward.
I consider "own blockchain" not so important in choosing projects to invest in because I've seen many projects doing very well running on other blockchain.
Another important things which I think should be looked at before investing in a project is the -
- Idea - is it unique?
- Technology - it's one thing to have an idea, it's another thing to be able to build the technology to implement it.
- Use-case - is the idea capable of creating strong demand/use case for the coin/token in the near future?
This 3 list I've made, I believe if added to your 1 and 2 will help one choose a really good project to invest in...
By the way, take a look at Chainge finance and Fusion protocol, this are really strong projects still very much undervalued right now.
If I want to invest in a project, maybe I will look at the prospects for the project, how they run the project and what they have to offer investors. Maybe not only that we should see and check their social media as well as the whole project team, so that we can know how they will run the project in the future.
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
It is good that appear projects that help to unify the existing blockchain system and to connect different blockchain. I think that such products and tools are necessary for people.
I agree that unification is necessary for all blockchains. It will be much simple and comfortable to use different blockchains if they will be connected, unified and interconnected between each other.
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