True, but I don't think you should bring into factors utilities (by utilities i guess you mean use cases and what it is going to do? ) and exchange listing.
The project can always come up with mind blowing ideas, but most of them are actually quite not possible to achieve with their current team. Those are just "all talks".
As for the exchange, we have seen coins being listed on some well known exchanges, but ending up dying. So, I would say, one should take these two factors lightly.
Topic: My eye opening advice about crypto projects - page 3. (Read 499 times)
I can't agree more with the factors you listed out. The most important thing everyone should loook out for is the exchange and and big partnerships, especially if the project is at the phase of IEO, the success depend solely on the exchange the tokensale gets listed on because advisors and algorithms plays just very little role in the success of projects in this 2020. Nice advice, i believe everyone especially the newbies will learn from your advice
I'm telling you. I have soon projects with high maximum supply so wonders and some with so small still dragging legs. What matters in a project now is team and their enthusiasm towards their project growth. Even if the total supply is high it will definitely move if they apply some tactics Moreover news moves coins these days. I care about my findings not anyone.
Max supply and Advisors are as well important for investors to check before investing, contrary to OP's view, and should not be entirely neglected. For instance, I can't invest in any project with max supply of say 1 trillion, doesn't make sense to me and I'll like to see reputable and experienced advisors who can help attain the project aim with the team members. What I don't take into consideration are analysts or influencers shilling projects, they are always paid reviews.
There are many things I don't care about anymore in crypto projects
1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
Remember in 2018 when AI, Augmented and Virtual reality was a thing, all these projects are dead in water. The most important thing investing in the space is the team, if the team is solidly behind a project with time they will develop a good product and the value will surely come 1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
The real well factors i accepting a good project in larger partnership with high popular exchange then it's sup chance for successful IEO. I believe unpopular exchange couldn't top services because there low numbers investors area. For token value appreciation it will manage dev team if their have demanding supply.
In every situation we have to care about all new projects. "Thorecoin" this coin gives a good return on investment but checks volume and exchange. Cryptocurrency is a very mysterious market. Maximum supply, Advisors and unpopular partnership also helps a project to grow up. I think we should check what is offered by new projects.that is because every time there is a new project which its usecase is more sensible than the previous one, people starts dumping their current investment to move to the new ones.
developers trying to make demands for their tokens by adjusting the minimum staking collateral is just not working to make investors buy. same with partnership announcement, it only makes investors think the team is lying while they get impatient while their eyes opening to see what really is going on.
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
This is my eye opening advice since 2016
Now the project does not go with that hype like before. Investors have become much smarter now. I agree with you. Without a big partnership, nothing big can be expected from that project. The project has to prove that they will do well even if it becomes a big exchange list. Again, not all the coins listed on the big exchanges are credible, because the money is being played here and the owners of the exchanges are very greedy. So a project has to be said to be trustworthy by researching everything well.
The real well factors i accepting a good project in larger partnership with high popular exchange then it's sup chance for successful IEO. I believe unpopular exchange couldn't top services because there low numbers investors area. For token value appreciation it will manage dev team if their have demanding supply.
Honestly if there is utility and that utility is something that creates a lot of buzz, that is enough for me nowadays. Because, if you can use the coin and you can use it on some place that is not stupid or idiotic, but some place that actually makes sense, I would assume that it would be pretty awesome.
Like for example take a look at BNB, I know it is a huge coin tied to biggest exchange, but that is just the perfect example, it is a utility coin that you can use to pay the trading fee plus it is wanted because it is on the biggest exchange.
One of them missing and you wouldn't have it big, look at some smaller exchanges coins, they are not that big, so "not wanted exchanges coin" is not important; which means if there is utility to use that coin and you would love to get some, that will always increase the price. Community hype about it is important as well of course, I can't just ignore that, but so far I have seen so many coins hyped but turned out horrible.
Like for example take a look at BNB, I know it is a huge coin tied to biggest exchange, but that is just the perfect example, it is a utility coin that you can use to pay the trading fee plus it is wanted because it is on the biggest exchange.
One of them missing and you wouldn't have it big, look at some smaller exchanges coins, they are not that big, so "not wanted exchanges coin" is not important; which means if there is utility to use that coin and you would love to get some, that will always increase the price. Community hype about it is important as well of course, I can't just ignore that, but so far I have seen so many coins hyped but turned out horrible.
1. Advisors
Honestly it's been vain all along choosing projects become of an advisor, popular or not it doesn't matter anymore, what matters is the real use case of the project
2. Analysts
I've know analysts to be not very good with their predictions, the fact that crypto remains unpredictable means that analyst are useless
Honestly it's been vain all along choosing projects become of an advisor, popular or not it doesn't matter anymore, what matters is the real use case of the project
2. Analysts
I've know analysts to be not very good with their predictions, the fact that crypto remains unpredictable means that analyst are useless
gone are the days when john mcafee says a word about the project and everybody seem to cram buying the tokens. its never working anymore because investors are all fed up about the projects that doesn't really make them rich. since the beginning of 2018 the investors are scratching their heads thinking why they put money to a crap project that wasn't even listed to a scam exchange.
Good point there OP, but I believe the maximum supply should also be considered. There are lots of projects that held IEO only offers a small part of the maximum supply, thus if successful and listed on exchanges may tempt the dev to dump those remaining tokens that they are holding. Besides, having utility and scarcity is way better than just utility alone in terms of value appreciation.
Nice, I do care about the maximum supply. Since 2017 or 2018 all altcoins circulating supply has been increasing when price was dumped. Even small, but I do care about the partnership. We are expecting new ideas, right? New projects partnership couldn't match with top projects all the time.
It's true. Projects hire known advisors just to get investors but still some ended as scam. Usage would be top of the list for me to convince me to join on a project. Some takes time to develop but its all worth it if it has usage.
There are many things I don't care about anymore in crypto projects
1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
Nothing really matters for a new project because when you read the risk statement part of the whitepaper you would come to know that they are not accepting anykind of responsibility if the project fails so basic thing is that we should by now realize that investing in new projects is very risky and we may lose but the good thing is there are still good projects and with calculated risks you can still survive in this market. 1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
I agree that since the beginning days of ICO, devs are always showing up something to create hype for their projects. Only the people who are all experienced by coming across various projects and its profits and losses may easily filter them out and most others are simply falling into those traps with their hard earned money and time. I must appreciate you for opening this topic as this will definitely guide many people to stay against artificially hype creating factors.
Max supply
Advisors
Out of many of things you have mentioned, I still believe circulating and maximum supply are sill a deciding factor for value of an asset. Advisors from reputed backround are still good to go with but the ICOs I have checked are appointing random people as advisors and allocating big share coins/tokens for them which makes me to think like fake members to enjoy those shares. Advisors
It's no lie that back in the days advisors can drag a lot of hype on a new crypto projects making this the most interesting and effective way of driving awareness to a project back then but now it's no more working be you anybody it won't change a thing
It also depends on who the advisors are, because in crypto people who have experience and have good partners are also seen as role models by investors, here we are not talking about lies but reality that has happened before.
Utility is the best part to take very serious when investigating any new projects, this is what will determine how long the project will survive in today's market, investors are now smart, once they see that a project have no good demand in the market they will go for other project
Good point there OP, but I believe the maximum supply should also be considered. There are lots of projects that held IEO only offers a small part of the maximum supply, thus if successful and listed on exchanges may tempt the dev to dump those remaining tokens that they are holding. Besides, having utility and scarcity is way better than just utility alone in terms of value appreciation.
There are many things I don't care about anymore in crypto projects
1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
That's a nice one. Before we too much care about coin supply, team members and some partnerships in attracting us to a project. But there is need to look beyond that. There is one thing I don't joke with in selecting project, and that is Utility. This is very important. Utility draws demand and this is very important for development.
There are many things I don't care about anymore in crypto projects
1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
Good points, newbies need to focus more on real utility and better exchange listings, we are in IEO era and for an IEO project to be successful top exchange is a must, for projects who are fine with softcap targets can use few good small exchanges like Probit or bithumb 1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
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I've made few mistakes in the past like relying on Analysts before investing on anything without doing my own research first, it just make me realize how badly I was without any clue about what makes a project better and attractive than others
I am sure many of us have the same experience, even I made those mistakes too in the past. But then we can realize that it is a mistake, and we start to research by ourselves, so we can know how to select the project. We don't have to listen to other people before searching for the other info about the project that we want to invest. If we can know the info that can help us determine whether to invest or not, so we don't select the wrong project to invest.
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