Topic: Where do you look for information about new project/coin? - page 2. (Read 560 times)
New projects give very good profit but very difficult to justify. But to get basic information about any new project or currency visit their official websites and observe their activities.Bitcointalk is the best platform to know about the new project.it's a good thing to make DYOR. New coins only create a lot of hype in the beginning and then most of them go down badly.It is very important to justify who is associated with any project teams. Monitor how active their social media activities are and the teams experience.
Yes, you can learn a lot from the project website. But it's good to find different sources of information when you want to invest in something. Also, it is good to know what people are talking about it through, e.g., social media.
I tend to agree but make sure the group is genuine. I've done this before, I joined a bounty campaign such as social media and I followed the progress of the project but I saw in their social media don't have genuine members, there was no clear engagement and it should have been discussion engagement on their social media profiles. Ask yourself, "are there active discussions and responses from the community, or is it just a one-way conversation?", and lastly, check if their followers and engagement are genuine or if they have purchased fake followers or engagement, same as Twitter or more worse Telegram.
So you must be careful also what you're following on social media.
I know since I've seen and experienced it, some projects hire chatters that will stay active in the Telegram group and chat with each other just to show the investors or customers that the project is active.
Yes, you can learn a lot from the project website. But it's good to find different sources of information when you want to invest in something. Also, it is good to know what people are talking about it through, e.g., social media.
I tend to agree but make sure the group is genuine. I've done this before, I joined a bounty campaign such as social media and I followed the progress of the project but I saw in their social media don't have genuine members, there was no clear engagement and it should have been discussion engagement on their social media profiles. Ask yourself, "are there active discussions and responses from the community, or is it just a one-way conversation?", and lastly, check if their followers and engagement are genuine or if they have purchased fake followers or engagement, same as Twitter or more worse Telegram.
So you must be careful also what you're following on social media.
Here is how Im doing it:
1. DYOR - always following my gut.
2. Check out website of project. Included in reading white pepper, see roadmap.
3. Check out the project's social media.
Following these three steps, I can determine whether it is worthwhile to invest in something.
How about you, would you add something to my list?
1. DYOR - always following my gut.
2. Check out website of project. Included in reading white pepper, see roadmap.
3. Check out the project's social media.
Following these three steps, I can determine whether it is worthwhile to invest in something.
How about you, would you add something to my list?
In addition to your details, I will do the competitor analysis(Financial Evaluation) for the project. Also, check the tokenomics of the project.
Here is how Im doing it:
1. DYOR - always following my gut.
2. Check out website of project. Included in reading white pepper, see roadmap.
3. Check out the project's social media.
Following these three steps, I can determine whether it is worthwhile to invest in something.
How about you, would you add something to my list?
Those are great steps to take when considering an investment opportunity! Here are a few additional things you may want to consider:1. DYOR - always following my gut.
2. Check out website of project. Included in reading white pepper, see roadmap.
3. Check out the project's social media.
Following these three steps, I can determine whether it is worthwhile to invest in something.
How about you, would you add something to my list?
Look at the team behind the project - Who are the founders and developers? Do they have a good track record in the industry? Do they have experience in successfully launching and maintaining similar projects?
Analyze the market and competition - What is the market demand for the product or service the project is offering? Are there already established competitors? What sets this project apart from its competitors?
Examine the tokenomics - How is the project's token designed? What is the total supply and circulating supply? What is the token's use case? How is it integrated into the project's ecosystem?
Check for community support - Is there an active and engaged community supporting the project? What are their thoughts and opinions on the project's development and progress?
By considering these additional factors, you can gain a deeper understanding of the project's potential and make a more informed decision on whether to invest or not.
You can easily get idea about any new project from their website link. After entering their website, various information related to the project is nicely provided on the website. Various information related to the project such as various information about the project's ICO, various information regarding the project's investment, various information regarding the project's team, various information about the project's road map, when the project will be listed on any exchange, you will get various information on the website of those projects.
Yes, you can learn a lot from the project website. But it's good to find different sources of information when you want to invest in something. Also, it is good to know what people are talking about it through, e.g., social media.
You can easily get idea about any new project from their website link. After entering their website, various information related to the project is nicely provided on the website. Various information related to the project such as various information about the project's ICO, various information regarding the project's investment, various information regarding the project's team, various information about the project's road map, when the project will be listed on any exchange, you will get various information on the website of those projects.
sometimes project twitter account has fake like and Comment. you can see the comments subject. second you have to check wheather project twitter account is followed by any big exchange or any big other project which has any partnership with researching project.
Most project team are fake and photos are taken from stock photos.
Most project team are fake and photos are taken from stock photos.
When investing, it's always important to do some research. I see there are a lot of scammers out there, and sometimes it's hard to say whether a project is legit; only time will tell.
I'm glad so many people have this awareness of scammers. And that you have to be careful about what you invest in.
How about you, would you add something to my list?
Most project team are fake and photos are taken from stock photos. for checking this one should use google to check this. White paper checking is also helpful. you have to check wheather they have real project having their own idea and service or they just copy paste from other big projects. for this purpose you can use pilgrism tool to investigate white paper uniqueness.
Because certain scammers try to make their introductions appear professional and the material they give is pretty accurate on peoples' initial impressions, there are situations when you cannot spot unfavorable information on their website or whitepaper. So, in order to determine their authenticity, you should look for their identity first because there is a good probability that you will be included in a possible project if they are open about who is really behind the initiative and are clear about it. Additionally, look for feedback in this topic as there are insights from helpful suggestions made by other forum users. It is good to check their reviews of their coin as this will help us decide whether to invest in those new projects or coins or not.
Here is how Im doing it:
1. DYOR - always following my gut.
2. Check out website of project. Included in reading white pepper, see roadmap.
3. Check out the project's social media.
1. DYOR - always following my gut.
2. Check out website of project. Included in reading white pepper, see roadmap.
3. Check out the project's social media.
I saw a list like this many times. But it seems to me that such lists are not particularly useful because they only offer some generic forms, even for a beginner, something written superficially as this can only discourage him.
What will happen when you visit the website or social media? What should be paid attention to during DYOR, nice colour or logo?
I would like to see some interesting tips on how to filter all of that information in order to make the right decision.
where to find New Projects/New Coin is from this forum or websites like Coinmarketcap or Coingecko.
There is also a website for ICO info like ICOdrop and I can get other info from Bounty and Airdrop but mostly I participated on community Venture Capital.
and of course, before investing in any project/coin new or old you need to Do Your Own Research first
1. Roadmap
2. The Purpose
3. The Developer and the community
4. Whitepaper and Tokenomic a
and lot more
Do you also invest in ICOs of new projects? Is it really worth it? I genuinely want to know because as long as I remember, it's been a long time since I heard that a project has provided good returns to their ICO investors since most of them are either not good enough to survive in the market or they survive, they can't manage to gain any value at all.There is also a website for ICO info like ICOdrop and I can get other info from Bounty and Airdrop but mostly I participated on community Venture Capital.
and of course, before investing in any project/coin new or old you need to Do Your Own Research first
1. Roadmap
2. The Purpose
3. The Developer and the community
4. Whitepaper and Tokenomic a
and lot more
I'm not talking about all the projects, of course, I know that there are good ones two where the team has a real vision and the project is well-planned and also promoted in a sophisticated way that gains genuine investors, but that isn't the case for most.
where to find New Projects/New Coin is from this forum or websites like Coinmarketcap or Coingecko.
There is also a website for ICO info like ICOdrop and I can get other info from Bounty and Airdrop but mostly I participated on community Venture Capital.
and of course, before investing in any project/coin new or old you need to Do Your Own Research first
1. Roadmap
2. The Purpose
3. The Developer and the community
4. Whitepaper and Tokenomic a
and lot more
There is also a website for ICO info like ICOdrop and I can get other info from Bounty and Airdrop but mostly I participated on community Venture Capital.
and of course, before investing in any project/coin new or old you need to Do Your Own Research first
1. Roadmap
2. The Purpose
3. The Developer and the community
4. Whitepaper and Tokenomic a
and lot more
Sometimes you cannot notice negative information on their website or whitepaper since there are scammers want to make their introductions look professional and their information released is quite realistic on peoples first impression. So to see first about their legitimacy you seek for their identity first because if they are transparent and show the real people behind the project then there are high chance that you are in a potential project. Also seek for the feedback comes in this forum since there are insights coming from good advices given by other forum members so its good to see their review towards their coin so that it can add up our deciding factor to invest with those new project/coin or not.
Going with your guts with a project that you are looking to invest in is not a very good idea in my opinion. Everyone can have different gut feelings based on circumstances or even what their heart or mind says about something, and that is now how markets should be judged as it can put you at great risk of losing your capital invested in that particular project.
So the best practice is not to follow your gut feeling but does extensive research about the project before you take your final decision of whether you want to invest in it or not, and your research must involve every possible aspect that can be an indication of a project's potential in the future.
At least for OP, he has explained that it's not just pure guts but he's also doing research and reads a lot of opinions so, it's not just really all about his guts alone.So the best practice is not to follow your gut feeling but does extensive research about the project before you take your final decision of whether you want to invest in it or not, and your research must involve every possible aspect that can be an indication of a project's potential in the future.
And that comment of his is just posted above yours which basically is a good thing that he has explained because many of us thought about it that pure gut isn't good idea at all.
How gut feelings can sometimes save us from very big losses, even if it can cost us some great opportunities too but it is always better to be on the safer side. At the end of the day, not getting anything by not losing anything is better than not getting anything by losing something.
2. Check out website of project. Included in reading white pepper, see roadmap.
Those who plan to cheat do these things very precisely. To gain investors' trust they design their website and road map in such a way that no investor thinks that the project is fake. Investors invest in their projects after gaining the trust of the investors. And when the amount of investment increases, it is seen that the fraudster takes down the website and disappears with the investment money. As a result investors who invest in those projects do not get their invested money back. So before investing I don't think only these three things can be sure about the content of the project and the project team. Since it is a matter of gaining credibility, one should check all the content before investing in any new project.A fake project which doesn't really offer what it preaches in the whitepaper or the website where the project is described will have no significant news or updates to give out to their community and they will just try to make up things from themselves, and someone with a bit of experience can easily identify that.
1. DYOR - always following my gut.
Yeah, like it's a good thing to make DYOR at all times but saying that you also follow your gut is a good strategy.But our guts can also be wrong. I know that feeling that sometimes we tend to feel something good or bad within a project but that won't be enough IMHO to have a verdict whether you should invest or not.
Most new coins are just being done based on their promotional tools and drives but then, the majority of them are ending badly.
So the best practice is not to follow your gut feeling but does extensive research about the project before you take your final decision of whether you want to invest in it or not, and your research must involve every possible aspect that can be an indication of a project's potential in the future.
And that comment of his is just posted above yours which basically is a good thing that he has explained because many of us thought about it that pure gut isn't good idea at all.
1. DYOR - always following my gut.
Yeah, like it's a good thing to make DYOR at all times but saying that you also follow your gut is a good strategy.But our guts can also be wrong. I know that feeling that sometimes we tend to feel something good or bad within a project but that won't be enough IMHO to have a verdict whether you should invest or not.
Most new coins are just being done based on their promotional tools and drives but then, the majority of them are ending badly.
So the best practice is not to follow your gut feeling but does extensive research about the project before you take your final decision of whether you want to invest in it or not, and your research must involve every possible aspect that can be an indication of a project's potential in the future.
And I would like to refer to this part "I always following my gut".
Two of you have disagreed on that with me, writing that:
What I wanted to say, was that, in my opinion, at the end of the process, whether it is good to invest in something or not, it should be your own decision. So for me, following my gut means that I will do research and read different opinions, but at the end, my own opinion is what matters.
And if a project has great statistics and appears to be a gem, but I have a feeling inside that something isn't right (even if I can't say what it is), I won't invest in it.
Nice, that's a great explanation about following your gut. That means that it's not just solely basing on what you feel towards a project but you're backing it up with research and more readings.Two of you have disagreed on that with me, writing that:
Following your gut is not really a reliable method when it comes to investing. You want to base your decisions on solid research, not just some random gut feelings that changes overtime.
orBut our guts can also be wrong. I know that feeling that sometimes we tend to feel something good or bad within a project but that won't be enough IMHO to have a verdict whether you should invest or not.
What I wanted to say, was that, in my opinion, at the end of the process, whether it is good to invest in something or not, it should be your own decision. So for me, following my gut means that I will do research and read different opinions, but at the end, my own opinion is what matters.
And if a project has great statistics and appears to be a gem, but I have a feeling inside that something isn't right (even if I can't say what it is), I won't invest in it.
It's a good way to assess a project that you're doing all of those stuff unlike many today, they invest in because they're emotional and doesn't back up with any solid reference to defend why they've invested into a project.
Much even worse if they just follow the herd of that token's investors.
Those who plan to cheat do these things very precisely.
Unfortunately, the rate of scam projects is extremely large nowadays almost 90% of them are actually suspicious.
I agree with you, there are a lot of scammers out there, so we all need to be extra careful in where we invest our money. I just want to compare my way of looking for information with how others do it.
This topic is more suitable on altcoin discussion or beginners & help section. This is not related to marketplace section.
Thanks for info. Im new on this forum and still learning how things work here
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