Pages:
Author

Topic: I am new here,how to know good project to invest? - page 2. (Read 884 times)

hero member
Activity: 1050
Merit: 529
Student Coin
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.
Assuming you already learn the basics in investing, I think you should be more particular on the feedback of the people.
When a certain project is good, you will likely see good feed back in the forum and you should also make sure that those are not fake feed back
as there are also members who are doing such job to get paid.

In addition, do some more research in other sources, more sources will give you a better view of the project.
sr. member
Activity: 924
Merit: 260
Invest first in education - crypto education that is. You will undoubtably save thousands of dollars avoiding the common mistakes newbies make.

Topics to learn first.
1. What is cryptocurrencies - study first how they work so that you know why you are buying into a project.
2. Cryptosecurity - a lot of noobs get hacked.
3. common crypto scams
4. What are markets, how to trade professionally.

FYI, you can't TLDR this stuff.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
To know a good project, ensure you have research well about the project, the team past track record and how realistic the vision can be achieve, do not be in a hurry to invest, check through the scam section to on bitcointalk. ICO  review site can serve as a guide to help in determining  your final decision.
member
Activity: 294
Merit: 53
jr. member
Activity: 145
Merit: 1
Am also new here but want thing l understand is that when it comes to investing in a digital asset need good reasonable amount of knowledge about this asset. There is no perfect advisor or a guarantee you can get. Just do a full research about the project before investing
member
Activity: 672
Merit: 29
Hello mate you can first understand that before joining a bounty project be it profitable or not you need to have attained a certain rank above newbie
https://bitcointalksearch.org/topic/merit-new-rank-requirements-2818350
And after you must have you can check this board in search of good project
https://bitcointalksearch.org/topic/merit-new-rank-requirements-2818350
member
Activity: 266
Merit: 18
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.

Cryptocurrency is a venture capital area, so no one is sure that you will make a profit from the projects you join and the profits earned from projects that you choose bitterly are also difficult to say, because it depends on many different factors. I have a little experience in evaluating projects and hopes that can help you!

I often evaluate projects based on the following principles:

1. Basic things like: development team, project concept, white paper, long-term development strategy must be clear
2. Evaluate project potential based on ability to apply and solve problems in real life.  What does it solve for life, how does it apply blockchain technology?
3. How to build community, organize events, meet, conferences. A good project must have a strong community and a large ecosystem
4. How to protect investors: it is best not to have bounty, airdrop, gleam programs.
5. The most important thing of a project according to me is the technology and the financial potential behind the project.

You can see a lot of good projects like Steemit, NEM are in top 50 CMC projects but they have a lot of difficulties when the market goes down. Therefore, a project that wants to develop in the long term in the bear market conditions must have a lot of funding.
sr. member
Activity: 479
Merit: 253
Start by looking at the quality of their OP on Bitcointalk. If its just a bunch of fancy words and no effort in presentation - stay clear of it. Check that they even have a website and that it is of good quality. Check for spelling errors also. Scammers seem to be lazy and rush their work, probably because they have a dozen scams that they are managing at any one time. So, no time for proof reading. Also, look for transparency of team members, and follow up on their portfolios.
full member
Activity: 924
Merit: 221
You should not consider someone's opinion about you investing on a project they mention without your own investigation or research about the ptoject as it may be scam and you may also get "RED TAG" (which is not good/bad reputation) if you promote the project even if you know that the project is obviously no purpose or in short "SCAM".
hero member
Activity: 2856
Merit: 674
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.
First, you need to read the feedback of the people, there are plenty to choose from so don't make a decision right away.
Don't get hype, look at the potential of the project and the people behind it, it's very important that you understand how risky
it is investing in crypto.

Well, FYI, you are entering in a high risk investment, so you need to do due diligence, don't just listen with feed back alone, make your own
research also, information are available in the internet so give some time to do it because investing is never easy in crypto.

If you do well, then it's the time that you expect good return, crypto is amazing, though it's a high risk form, but the potential is big.
sr. member
Activity: 826
Merit: 265
If you're looking for advice on project to invest in, you're doing it all wrong because the only suggestions you'll be getting from others is to invest in their favorite projects. Just do your own research and set some criteria a project must meet before you can invest in them. e.g I don't invest in any project that doesn't solve a existing problem.

BTW: there always will be better altcoins but only one bitcoin (limited). So make sure you own some bitcoin.
And spend more time in forum first before investing,we all know how cruel this market to those noob investors so the best option is read more,study alot and use all media platforms to have the credentials being a good trader/investors in future

And specially before entering the investing area he must learn how to prevent from being victim of scammers and phishing sites so maybe this thread can help

https://bitcointalksearch.org/topic/what-we-need-to-check-before-investing-in-ico-2896030 MUSt learn before investing in ico

https://bitcointalksearch.org/topic/crypto-scam-howto-protect-yourself-4264404 How to prevent scam/phishing sites
member
Activity: 1106
Merit: 11
Crypto in my Blood
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.
You should read their whitepaper, and need to know who are they behind the project. Find out, are there have any good partnership with that project. You can also see the opinion about some project from cryptodiffer.com, smithandcrown.com and like so more.
copper member
Activity: 252
Merit: 6
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.

If you are looking for someone to miraculously to give you a golden coin to buy low and sell with amazing profits in a short time than don't.. It's possible that everyone has it's favorite coin (like I have). But if you are to invest in a new coin you should do a good research on your own. It's best you always do an accurate research before putting your hard earned money in an idea.
member
Activity: 616
Merit: 30
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.
You can find good answers from this thread since i used this and have shared from other members

https://bitcointalksearch.org/topic/what-we-need-to-check-before-investing-in-ico-2896030

Try reading good answers and learn from the experienced people

Also check this for more safety advices since scammers are waiting for some of your kind being newbie

https://bitcointalksearch.org/topic/how-to-know-if-the-website-is-a-scam-there-you-find-it-4456502
member
Activity: 218
Merit: 11
Go read the project white paper and you'll clearly understand the value of the project. Another thing important is the project team, funding and promotion. So when there are available, go check with specific websites that validate the project worthiness and pick on your choice for investment.
member
Activity: 280
Merit: 14
Some discussion about how to know good project to venture into and you can as well search about it
Here is a link as to regards https://bitcointalksearch.org/topic/how-do-you-find-new-promissing-projects-here-is-how-i-do-it-3097314
newbie
Activity: 14
Merit: 10
Asking other people what to invest in is a risky strategy, it’s your money at the end of the day and relying on subjective at best, manipulative at worst answers from people who likely have a vested interest in certain projects is not going to gain you the information you are after.

There’s plenty of time to research things ant the moment the market is not moving particularly fast either way, take your time and get to know the details of anything you want to invest in.
newbie
Activity: 40
Merit: 0
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.

There are many ways to find which are the New Projects that's going to be a huge Success.

1. Projects that are going to Solve Real World Problems gain more attention in ICO's and Success of these Projects is more compared to other Crypto Games or Other Video Sharing platforms.

2.In 2017 Alone 90%+ Projects failed after concluding ICO's, because they just pitch Concepts in ICO's that is not possible in real or Not able to Achieve by team. So Always look out for Projects that have Working Product for DEMO MVP.

Ex : Lynkd.World - Has complete project working and has achieved many partnerships, they have reached softcap and i know they are going to be a Huge Success.
       EndChain(ICO Ongoing) : They have applied for Patent for their new Technology.

3. Don't Ever Rely on ICOBench or Any Other CryptoSites for Rating. Rating Cannot Decide Success of the Project. In Many cases there are instances were 4+ projects get flopped because they are Clowns of already Working Companies.

Ex :BAT token - https://icobench.com/ico/basic-attention is 3.8 Rated Project but i went on sell tokens within seconds.
      HandleMode - Is 4+ rated Project but it was not able to raise Funds.

4.Don't Ever depend on the Ratings, No of Members in TG group to Judge Project. Always Go Straight to Whitepaper and Verify CEO and Other Founders on LinkedIN, then move towards technicalities of Project to Decide to invest or not to invest.


Apart from this Projects Launched in before such as TRON, Stellar Network, Ripple Have Huge Potential and i believe their price going to rise soon. So buy during Bear Market and Mutiply your Money in 6 Months.


Thank You Sad Sad
jr. member
Activity: 75
Merit: 2
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.
i will suggest you few coin name but do your own research before invest
1.bitcoin
2.neo
3.eth
4.ltc
5.bch
6.etn
7.apolo
8.xrp
9.bnb
10.waves

there my first 10 choice hope it help
jr. member
Activity: 278
Merit: 1
everyone please guide me, how can I understand which will be the legit and profitable project. Leave your comments here to help.
As a newbie you need to study with so many things to identity a legit projects. For example you need to check their project's usecase and check their team members. Also check their roadmap, whitepaper etc.
Pages:
Jump to: