What are your criteria for selecting projects?

irhact

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Quote from: Xal0lex on October 17, 2022, 02:29:23 PM

I'm curious, what do investors most often pay attention to when investing in this or that coin?

Before I invest in any project I always look at the tokenization of the project before anything else. After the project most have sold their ideology to me, I move to understand their token economy to get how that could affect the price of a token. What a project is currently value doesn't usually matter when the token economy isn't friendly. Some project doesn't start with the full supply when listing and have a vetting schedule to introduce new coins into the circulating supply which would definitely drive down the price of the project.
Next I research on the team of the project, making sure this users have past experiences and not some young scammers wanting to defraud investors mostly the novices that are yet to understand how things actually work in the industry.

Kaplusha0

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The most important criterion is the innovative idea, what new things the project can bring to the crypto market.
Then the team, what kind of guys they are, how competent and obsessed they are with their idea.
And also very important is the project's community, how active it is, and how the developers feel about their community.
For me, such a project is Amulet Protocol.
Amulet it is a decentralized risk protection protocol for the Rust-based ecosystem.

justdimin

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Quote from: ?? on ??

*VC backing the project
You can easily spot if the project has a good financial status to run the project properly in long term if you knew that there’s private company behind them to finance there initial operating cost.

*Community Exposure
Project that is trending on social media is always gives a boost on the project exposure.

*Layer1 and Layer2 blockchain project is the only project I trust besides those phenomenal project.[/b]
I only choose this type of project because it’s for long term and profitable in the long run since it’s the foundation of crypto and not just a hype idea.

*Strong Marketing and PR
Typically great project is partnered with established project and also they have a strong marketing which is a sign that they are serious about there project.

VC is a good idea, but it could be "fake" as well, check the VC before you invest, there are so many capitals that doesn't even have proper name, and they just "back" projects for backing sake, to grow their name and structure, if it is a good one then you will see on their website what they have backed before and that’s not even enough, go to websites of those projects and see if they agree to it as well.

In that case you could invest, trusting it’s a good VC, but before that, just because there are bunch of VC names there, doesn't mean they are good, it could be multiple fake VC's only in the name and wouldn't really change anything in the project neither.

BitDane

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My criteria in selecting a project are:

1. People behind the project.
2. Feasibility of a project
3. Fund of the project ( I hate projects that do crowdfunding)
4. Strong Marketing
5. Innovation

Pretty much those are the thing that I look at if ever I am to invest in a project.

Xal0lex

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Quote from: Jackl87 on October 18, 2022, 04:44:44 AM

Quote from: Xal0lex on October 17, 2022, 02:29:23 PM

I'm curious, what do investors most often pay attention to when investing in this or that coin?

For example, what are the top 5 criteria you use when investing in a new project and what are the top 5 criteria for investing in projects that have already come out?

First of all i think you can never be 100% sure that a new project is not a scam but of course if you do your research and if you check and read everything that is available about that project, then you can at least reduce the risk a lot. I personally only invest into projects that have a real use-case that i can understand, so i would never invest into meme-coins. If i find the use-case interesting then i take a look at the whitepaper and check if it is written well or just copied together from other projects. I also take a look at the team, if the team just consists of two anonymous Devs for example then you should be wary already in my opinion.
Finally i check what VC's have already invested into that project. Yesterday i was reading about magicsquare for example and they already have BinanceLabs, Huobi, Kucoin and Gate.io as their investors for example. So i will try to buy a few of those tokens once they go live.

Investing in meme coins? The only thing worse than this investment is investing in fan tokens. These tokens are good for speculation, but not for long-term investment. While the examples of SHIB and DOGE refute my assertion, they are more of an exception, confirming the rule that this type of investment is garbage. I support the idea about venture capitalists, because this is one of the main features of project development, if there are no large funds, it means there is no big money in the project.

mdzahed134

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Firstly i will priority about project utility and how their products uses in the market, real cases is very important to long survive. Then i will focus on their team members as like how much their activity to implement the project. And then what are the plans for future work i mean roadmap, finally which is their ieo platform or which exchanges their token will be listed.

DeathAngel

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I don’t know about a criteria of five things but I prefer my coins to have a relatively low supply cap. I don’t like coins with a near infinite supply. I guess I like to see something that is moderately reputable. I don’t ape into brand new projects from really unknown devs. Alts are a minefield so you have to be really careful & only invest an amount you can afford to lose.

Crypt0Gore

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It's all about the team and the utility of the project, if the project wants to solve major problem we facing in crypto space then I am in, it doesn't mean I will go all in as its better to still invest only what can afford to lose just in case, many new projects will promise to solve a problem and later they will do nothing.

Yatsan

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Utility and Popularity are my two main basis when choosing a project to invest. But for sure there are other factors such as the concept itself, team behind that project, and such. This is crucial especially to newly introduced projects; some would be popular at first but in the long run, there's a tendency for its demand to fall if some factors would be missing or negatively affected.

On choosing a project it could either be subjective or not. An investor may depend to other investors on which is which, and he/she may also create his/her own judgement. Ofcourse it won't always be a winning investment, there'll be loss sometimes or often, and this is where luck may take place.

cabron

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https://www.betcoin.ag

Quote from: ?? on ??

*VC backing the project
You can easily spot if the project has a good financial status to run the project properly in long term if you knew that there’s private company behind them to finance there initial operating cost.

*Community Exposure
Project that is trending on social media is always gives a boost on the project exposure.

*Layer1 and Layer2 blockchain project is the only project I trust besides those phenomenal project.
I only choose this type of project because it’s for long term and profitable in the long run since it’s the foundation of crypto and not just a hype idea.

*Strong Marketing and PR
Typically great project is partnered with established project and also they have a strong marketing which is a sign that they are serious about there project.

Must be what one should be looking for. There is no good project today but Aptos (APT) which was just launched yesterday. I can only assume @Xal0lex is looking at this project since this had been hyped as Solana killer. Well every layer1 is a "killer" of the previous layer1 project but yep I probably will invest to Aptos if I see the price of it will drop already that I can get thousands with $100.

crzy

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I usually have this criteria only when I invest on a new project, and I find this more effective so far.
1. Utility - I see this as important because the project who usually have the usage can attract more investors.
2. Network - Cheaper network are more attractive, I also consider this one as my criteria.
3. Hype - Hype might not be good to some but for me, some project becomes more successful if they are a good hype which of course came from their project itself and not just a hype.
4. Promotions - Active campaigns are very effective, they should have this even if the project goes live.
5. Future Plans - For a continuous growth, their future plan is very important some project become stagnant and sees no progress after many years, this is not a good strategy for them if they want to stay in cryptomarket, future plans should be there.

Mpamaegbu

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Quote from: Xal0lex on October 17, 2022, 02:29:23 PM

For example, what are the top 5 criteria you use when investing in a new project and what are the top 5 criteria for investing in projects that have already come out?

I use the same criteria for both new and existing projects. I look at:

1. The maximum supply and then I equate it with its trading price – If price is high, the supply has to be small and vice versa.

2. Utility/usecase – I won't throw my cash on a phantom project whose dev has little or zero knowledge of how crypto works.

3. Social media presence – This is very important because community is key in publicity and information spread.

4. Industry the project is centered on – I avoid projects on saturated area. For instance, I run away from any project going into games. The hype there has died down.

5. Auditor – I use this if I'm still skeptical and trying to look for an excuse not to go in 😆

bittraffic

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Agree to the criterias mentioned above. Community is important.

Hard to see myself investing in new projects these days because of the current market. But if I have overflowing money I would consider if despite being new they'd manage to get the token listed on 1 mainstream exchange. I would like to believe they are really that serious or at least if they want to scam they would like to pump it first which is an opportunity to ride.

hd49728

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My criteria for choosing a coin

- Its age. It should be years and the coin should be old enough so that I am sure that it is not a scam. The rest is finding good entry.
- Its trading volume. The volume should be high to easily join and exit. I don't have big capital but I don't want to be stucked in bankrun.
- Its availability on big exchanges so I can have different exchanges to choose from, for buying and selling.
- Its pattern of bull and bear market so that I can base on past cycles to find entry for a new one.

Bananington

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Quote from: cryptoaddictchie on October 18, 2022, 02:46:36 AM

These criteria might not be solid during early inception but the key there is the risk you are willing to take on such investment.

Very correct, checking to ensure that all your criteria's for selecting a new project to invest in check out, it still does not eliminate the risk involved in investing in a new project, which is something you must understand. A group of highly educated scammers can come across the criteria's mentioned and know exactly where to work on to ensure that they increase believability in their project, they would not mind recruiting skilled individuals who can assist them in getting their aim. We all should be careful and not be too much in a hurry to invest in new projects even if they meet our criteria. Check with other persons to know their criteria and to know if the project checks out well, their criteria's may be more investigative.

danherbias07

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I am not a techie so I won't go deep being an investor.
1. The type of industry the project is aiming for should be what is in the trend. i.e. gaming industry
2. Team developers. I prefer those who have a background in their field. i.e. Gaming - SquareEnix, EA, Sierra, etc...
3. Looking for long-term.
4. Burning mechanism, locked funds to avoid abuse or rug pull.
5. Will listen to investors small or whales. Gala Games are doing this pretty well at Discord.

Jackl87

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Quote from: Xal0lex on October 17, 2022, 02:29:23 PM

I'm curious, what do investors most often pay attention to when investing in this or that coin?

For example, what are the top 5 criteria you use when investing in a new project and what are the top 5 criteria for investing in projects that have already come out?

First of all i think you can never be 100% sure that a new project is not a scam but of course if you do your research and if you check and read everything that is available about that project, then you can at least reduce the risk a lot. I personally only invest into projects that have a real use-case that i can understand, so i would never invest into meme-coins. If i find the use-case interesting then i take a look at the whitepaper and check if it is written well or just copied together from other projects. I also take a look at the team, if the team just consists of two anonymous Devs for example then you should be wary already in my opinion.
Finally i check what VC's have already invested into that project. Yesterday i was reading about magicsquare for example and they already have BinanceLabs, Huobi, Kucoin and Gate.io as their investors for example. So i will try to buy a few of those tokens once they go live.

cryptoaddictchie

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Quote from: malcovi2 on October 17, 2022, 04:25:28 PM

here are my criterias.

1. usecase/utility of the coin....
...... ~snipped

5. community telegram/discord - I read previous conversations to see if the team are capable of dealing with criticisms and inquiries.

Pretty much mentioned by this guy already. Aside from that I am really looking into their product.

Emphasizing that use case must be the top notch answered here since that will be the basis of the demand for the project. Typical example is bitcoin, which use as stored of value and primarily a convenience like fiat money in most areas. There are plenty of other projects that has realistically useful on our modern lives.

These criteria might not be solid during early inception but the key there is the risk you are willing to take on such investment.

malcovi2

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here are my criterias.

1. usecase/utility of the coin
2. I prefer coins/tokens that has a doxxed team it may lessen the risk of them ranning away or abandoning the projects within a couple of months
3. partnerships - I check if they are partnered with well known chains to add hype for this newly coin
4. experience of coding - usually I dig their profile or github activity because most of the time scammers add empty githhub/fake social media accounts
5. community telegram/discord - I read previous conversations to see if the team are capable of dealing with criticisms and inquiries.

Xal0lex

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I'm curious, what do investors most often pay attention to when investing in this or that coin?

For example, what are the top 5 criteria you use when investing in a new project and what are the top 5 criteria for investing in projects that have already come out?

Topic: What are your criteria for selecting projects? (Read 219 times)