Topic: Tips to find new gem - page 3. (Read 848 times)

To be honest, the first tips to find a new gem is hype though some fake project seized it tease and steal from the investors after the hype the vital aspect needed next are
Influential level of the team behind the project, their commitment and their knowledge/capacity.
The new innovation of the project which could possibly open a new doors of opportunity in the cryptosphere just like how ETH create dApps and smart contract then.

it looks like people are only knowing that if the gem will always be related to the whale. The little shrimp has the right to determine what coin that will be the next gem.
People could stick to the major coins and it can still be considered as gems but when people are looking for the more profit and they must have chosen the lower tier coins like top 100 or 200.
Gem means a coin that has a lot of potential to be the major coins.

It's always hard to find gem, but every year gives us lots of them.

Everybody are talking about BTC ride, about ETH ride, etc, but 2020 was also great for DeFi projects. Just look at price of YFI at the beginning, and look on ATH. UNI/LINK/RUNE. These coins gave possibility to earn some money. Previous year was also nice for Theta and Tfuel and GRT (Ico price about $0.03, first days on Binance and it hit almost $0.80).

But was it really easy to find them? Of course no. You need to dig in forums/YT/reddit/github/4chan, wherever you want to get info about projects. You can be lucky guy, and make big money with almost no research, but as long as you spend some time on gathering info you will feel more conifident on this market. And that one is really brutal. Now everything is green and everybody are happy, but just look at historical snapshots on coinmarketcap. Lots of project which were on TOP100 are dead. My friends lost really big money on 2017 bubble, do not be like them

Going back to topic. How to find gem on 2021? First of all, projects with really strong community. If community is big and hyped even project with some lacks are able to pump very hard. Best way to look at the communities? Twitter/Reddit/4Chan and some guys on YT, listen what they say, read comments.

Second usability. I wouldn't go into any project without any use cases, without clear roadmap, and without any history. Remember 'bout it. Maybe it is not hidden gem, i do not now yet, but check LTO Network. Lately about top200, still small marketcap, interesting use cases on their website, and they already work with Dutch&Belgium governments. Read their blog, whitepaper and roadmap. Maybe it is not perfect, but as for smaller mcap than top100 it looks very nice.

Third one, but as i think it should be the first one- strategy. Whithout any strategy do not put any money on this market. You need to have clear strategy. What if your coin go 20x? Would you be waiting for x100 or you would like to secure your profits. How to secure them? Would you like to get USD stable coins or you'd like to invest profits on BTC or ETH?

Think about loses too. I've put some money lately into a project which went down from 3.8$ to 1.98$ without any reason. Sold some of that coins, put into different project and i'm almost on 0. It doesn't bother me, because i have different coins at my portfolio which get my net worth up.

Man be careful on this market and have a good luck!!

Litecoin is the Best Gem you'll ever find now , Look at the graphs and you will see why this is my Pick for this season .

Litecoin has taken the Position from XRp again , and we can see the movement is consistent and the  next thing we knew , the value is above 200$ again.

I think you need check info about Securypto (SCU token) project. At this moment you can buy cheap this token and Im sure in mid term have good ROI. Native token of this project already on exchanges Bilaxy, Uniswap and Dextools

Finding a new gem is really hard because most of the new projects are not good to spend your time and money too. But if they have gem this year that will develop and an investors invest and after few years they will become millionaire. It's difficult to find just like the bitcoin because that coin is very unique and very potential and hoping it will grow more the price.

As an old member here I would not recommend it anymore.
Before (2018) I would, but not anymore.
Finding "the gem" that you are looking for requires lots of research. Deep research.
Or, if you are that lucky like winning a lotto jackpot. That's how difficult it is now.
So, expect a high risk if you will force your way into looking at cheap coins.

Always read the comments of the people who are interested in the project you're interested also. Honestly, it's sometimes that luck you need to find those gem projects and the rest of the projects, you will only going to ignore them.
That's a hard act to do by looking at gem if you haven't done that before, you need to be resourceful and keep searching for those experts thought that does make sense about that project you're interested in.

Totally agree with you. Almost all the company's success depends on the team. I very often met such situations when an inexperienced team spoiled a good idea.
And I want to give advice to the author that it is possible to determine the real company or scammers by the telegram channel and other social networks. Most often, scammers abandon their channels without making a profit and create new projects. Be careful with small projects.

I think now is the time to invest. The altcoin market is very active and attractive for investment. I hope you get good suggestions and make the right investments. Always trust cryptocurrencies 

Do not jump first on upcoming projects. Look for those that have
-some history
-partnerships
-a real product with real utility and preferably one that is already in use
-always check the team
-check whether they acquired smart money (e.g. VC etc)


I do not want to shill something. But look, for example, at OriginTrail. They are among the few coins with low marketcap that have a working product since a couple of years and an amazing range with high profile organizations. The team is very transparent online. This is just an example.

It's not easy to find a gem, man. You have to spend a lot of follow-up, research and time. Sometimes even days of research do not yield any results. Because uncertainties usually prevail in the crypto market.

Indeed it is, if the OP does not have a lot of money then finding gems will be extremely difficult. why is that? I don't have a specific answer because it takes time to feel about it.

As for the OP, i think you went to learn more about the market I think you did well when you learned about gems, but instead of looking for gems use your own money to invest in mainstream projects. .

It all matters on what project is all about, people do check:

-Real life usage
-Known developers
-Realistic roadmap
-Good Whitepaper
-Team behind are knowledgeable and capable of things.
-Dedication and seriousness towards their project.

These are common but be careful because scammers could really have these kind of traits
to fool people or investors.

You should find that based on the various things, you must do proper research to the projects. The majority of new gems are coming from the TOP 100 CMC and then it got pump and take the spot on the top coins.
You must also remember to buy the legit coins when it was getting dumped. When bitcoin gets pumped and it's not so hard to determine the legit coins dude.
It seems like you must try to find your gem

I may not wrong before if I also looking for a new gem since before I was also thinking that I am already late for Bitcoin.
But it turns before, I get rekt multiple times and lost some of my funds for being ignorant of "new gem".
But for my experience, if I just bought and hold Bitcoin before compare buying some I believe they are "new gem" I may x5 - x10 in profits.
I am not disappointing you or everyone for this kind of opportunity, it may become life changing but be always be careful, low market cap does not mean easy money or good for hodl, always do research multiple times.

if you are not a whale it is impossible to find gem.
if you are a whale you dont find gem. you make gem.

you need to learn from the past my friend
remember a new gem will always bring something new in this crypto world, such as technology or features,
just like ethereum that bring smart contracts in this crypto world
regards

The rate of upcoming projects currently, makes it hard finding a new gem because a good number of them are out to collect from you, and that's it. Also, I think as a newbie you might want to start from top 20 in coinmarketcap to do your research, although most coins are up already hence you can wait for a little dump to buy.
However, if you want to check out "new gem", visit this forum and browse through the altcoin section, you will see some projects, visit each of them, research about the team, idea, community etc, if it suits your curiosity then invest but however, once you see a good profit, just sell off because most new projects are good in giving short term profit alone.
And the most important fact is, don't forget to Invest what you can afford to lose.

Finding a Gem is the space require some research and due diligence, go to the CMC and look at projects that have marketcap with less than $20 million Mcap, the number of tokens in circulation, the name of the VCs behind the project if any. What you want to find is project that is undervalued, if A and B are into Oracle and A is valued 5 while B is valued 1, look at why B is valued that low and if they are looking to launch any product soon. These are some of the things you need to look at before you can call a project Gem.