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I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.

Just like the CEO of binance said in his tweets some moments ago "if you can't hold, you won't be rich"
But if we already make 100% profits, we are too weak to not sell it because we see other coins crash. I'm also the holder of PYR back then and sold at $5.
I'm not expecting this coin will do binance really soon, and i'm sure every coins that already listed on binance have a great roadmap and future plan.
So i think it's worth it to buy right now but don't expecting 10x - 20x growth like it's before binance.

I did the same mistake in the past that I'm confident with a x2 profit and did sold.

And eventually, after a few months of selling that particular token, the price is soaring and there's a feeling of guilt that I shouldn't have sold early. But that's already a profit for me.

I wouldn't buy tokens that are already soaring high, it's risky for me in that situation and if I want to buy that token, I'll wait until it go down.

I have bought PYR when the price was around $1,8 and im still holding my PYR and it's worth more than 500k USD right now. I have expected this one to be the same or close to the AXS, MANA and SAND.
I have seen how transparent the developers are and CEO was so humble. I have expected PYR will have at least the same marketcap with gala and my portfolios will be growing 8 times again.
So many people have been regreting to sell their assets too early. you're good with your 200% profit but if you have been digging it and then it has very big potential to give you bunch of money maybe in the first quarter of next year. The game was ready and lava routes will be started next week. I see that this potentially to follow gala to be listed in coinbase and all of US exchange sites.
Why sold too early?  ;D If you believe with project for long term and buy now but if you didn't believe with it and then try to find another gem.

I mean, I'm pretty sure it's not about gaming that makes these kind of projects rising up and above other projects. But, these kind of projects make something that is already working so people don't invest into something completely bullshit and at least you can see what they are already working on, that makes these kind of projects are really famous amongst other type of projects.

I'd say just go for it and make sure to do the technical analysis first before investing on that, the price is on dip right now so we might see new ATH later.

I will recommend to check every white paper of the projects and keep updated if they really implementing or following the path that can be seen within their white paper such ch listing and etc because thats the most important.. Because you know there some projects that making white paper but they don't follow what are the stuff they put on it. If you see such projects better to stay away because its not safe and trustworthy when it comes investment.. In fact usually are scam, i mean they provide white paper as well but at the end of the day nothings happen..  So before making decisions search their activities if they really doing it or not. To make sure you're in a good project..

PYR is a game token, and has a low supply of only 50M. Currently PYR still costs $36 and is already traded on many major exchanges. If for the long term, this is a good time to buy.

if you think it can go higher, why not buy it?
risky? why are you afraid of this. When you became a crypto investor or trader, I thought you understood how risky this investment was. so why are you still asking other people about risk. And I remind you, all the advice on the internet is meaningless, if you still have doubts. so start figuring it out yourself. Don't ask for advice here, you won't get an answer that pleases you.

Vulcan Forged is one of the booming NFT tokens...

this is just my observation, the potential tokens are those that follow the hype and are in the hype, if vulcan forged has another concept like exchange and not nft then I'm sure the price will not be bullish as it is now. just pay attention to what trends are likely to dominate the market in the future, then it's most likely that it will generate big profits.

First of all I've got it for 2x, that's pretty good and because of the many news that Pyr has better potential as they will already be listed on Binance generally it will obviously attract more investors and traders. Well, if you feel this is convincing enough, you try to make a purchase with the initial capital of the 2x profit that has been taken just in case.

There's nothing wrong and buy it back at the current price, because I see the price now is quite good and won't make you a big loss. Just look at the Vulcan community which is quite active, in fact I already had this token at the time of the first launch and sold it a few moments later only took it for 5x. Since the price is now quite astounding, I'm really sorry it's too soon to sell at $20.

every token listed on binance is one that is likely to be a valuable and legit token, but does not demand that it will likely fall, therefore you should be able to read the market and project developments so you can estimate how long you will hold on to it so the risk is not too high big, for now I prefer to buy

luck doesn't always come twice but luck for those who have big guts therefore buy, hold and sell is how to take a fortune

Don't be too deep in regret and there are always lessons to be learned
So far, a good project must have a well-known partner, a solid developer team including informative communication by providing updates on the development of the project

The price is going to the moon but if the marketcap is still under 1 billion and why not? There are lots of chances for vulcan to go to the more than 1 billion marketcap. The possibility for the price to be doubled is so big from here. You must have learned a lot from your case and your lack of patience. So many people are always losing when their portfolios are already sold too early. You have taken some profit from the market but you must also remember to learn how to be a patient person. So many people are impatient when they were seeing their money growing 100% - 200% but they will be losing more than 1000% for their ROI caused by they are always rushing to sell everything when the market is still in the development mode. You must try to spend at least a few percent from your portfolios to be long-term investment.

if you are a long-term investor, it means that you buy and hold without selling. If you follow this strategy, you should pay attention to fundamentals first of all as only good projects with something unique and useful under them will be in demand. If you prefer short-term trading, you should just follow hype and look for something trendy, no matter if this project is strong or just has a good marketing campaign.

The price of PYR is now higher at $36 for me this is too risky to buy now because the increase has been hundreds of times until now but in its potential is still quite large and in my opinion the increase will not be so significant.

There is a new project about the game that I noticed for now because it will start IDO on the 30th later, it is possible to rise 100x from IDO prices then I still try to get the white list slot.
The name of the project is Kingspeed this is his Twitter.
https://twitter.com/kingspeed_io

You can bough with 25% of your total budget. And wait for dip. Is token price moving down then use your extra 75% and hold it for a long term. I think it is better for

Do your own research first. I have been seeing this token already listed on binance and scholarship will be starting very soon. Im thinking about PYR will become massive if the scholarship will be very successful. This time there are bunch of guilds like YGG merit circle, path dao already prepared to participate in the play to earn that will be launched very soon.
As far as i know that if the tokenomic was so good compared with axie infinity. This may make this token can go up drastically.

I know how it feels, I've also been in a position like you. what we can do not need to regret there are still many opportunities that we still have. to the next point regarding PYR because the metaverse hype is still very high, it's not wrong for a small entry in 3 positions maybe next month after the market recovers the value of this coin will increase. hopefully

If you want to know that the project you wish to invest in has a big future, there are several factors, including the aunt-based community. The team working for the token project must be sufficiently experienced and hold certificates. Also, major investors and influencers. When you follow their recommendations and investments, you are, without doubt, will know whether this token has a bright future or not. Also, the news circulating about the currency in terms of its developments and events.

Check their team, future plans and products that they launch for their users. If they are committed with their road map. It means we can trust on team. So, invest a small amount on this project that you can afford to lose. Don't invest big amount in a project. Because there are many fake projects in market so be aware from them

Buying a coin after it has pumped is a big no, the only exception to this is bitcoin, as we know that the reason that is going up in value has to do mostly with its strong fundamentals, there is some speculation as well but the fundamentals most of the time are the key, however when it comes to altcoins this is not true, so I am afraid to say you sold too early and missed your chance, however you still doubled your money, so you are doing better than most traders out there by obtaining those profits, now concentrate on what you want to do from now on, do you still want to invest in new coins? Or do you prefer to move to safer projects and invest there?

In my opinion, you are making one very important mistake. Before you invest, you should not only check the market and the validity of the project, but also set a goal for the investment.
I agree that the gaming industry is a very attractive market. I think PYR is a very interesting project and worth the investment, but you should invest in a few projects rather than one or two.

For the next coin that you buy, maybe if seeing you can gain profit more than your capital and then expect to get more, maybe you can sell to get your capital back in case to buy other coins and then hold the rest. In that position means you are fixed that not lose your capital. If now want to buy, at first doing research first or maybe use only profit that you gain and you can speculate without risk to lose your capital too.

We only determine when a project did have a better future if it will be listed on popular exchange sites, and trading volume remains consistent. Unlike the old days most of the ico projects have been scamming people. They're just spreading hype and when the bubble price outbursted, then they'll started to collapse the price taking down it's price on different exchanges then price go down so bad and in fact became shitcoins at worst.

Congrats to you, most of the NFT/Metaverse-related coins these past few days are owned and pumping.
For your question, it seems you are looking for re-entry, which for me is good, as long as you know what project you are entering.

For me, my preference or green flag for every project is they already have a product that people can use it, like their tokens already have use cases.

I do not think that we can know which project will become big in the future as there are needs more seriousness from the team. PYR is one example of a project that can prove that the project is worth enough to hold from the first. I am sure many other projects can be like PYR but the problem is we still do not know the projects. Congratulations to people who are making money from PYR and if you still believe the project can be bigger than today, you can still hold it while you can sell some PYR to enjoy your profit.

I mainly look through whitepaper and trying to catch some dedication from developer team. If someone is launching completely new coin/token they should have financial and mental dedication to it to convince small investors. I also consider how investors around our forum, reddit and telegram see project. I mean are they dumper or hodlers is the good question to be asked.

You are right. PYR is performing very well and its price is now 41$. The best way to know that project is potentially growth oriented, the idea should be innovative, the team should be professional and committed. The timing of launching project is also important because trends keep on changing in crypto space. Yesterday was for DeFi and today is gaming. If you hold tokens of good project for long term then certainly you make good gains but we all run out of patience and sell them when we see the price is falling and we forget its intrinsic value.

One more thing that persistence of the team for keep improving and doing the marketing of the project is one of the biggest factor a project could enter big exchanges. Sometimes when the project face the bear market and the price of the tokens dropped by more than 50% there are some projects who losing hope and they ran away slowly.
So i think the team of the project should never lose hope for the project if they are really sure the project is gonna make it in the future

It is very difficult to be sure whether a project has a bright future, but if you analyze the project consistently, you will most likely find a project that has a great future, the first thing to do is to look at the project management team, the tokens are already listed on the site exchange, and how much trading volume has been acquired, the launch of tokens at the right time also greatly affects the success of a project,

Looking at their project, their network and developer team is an indication that the project or coin will be large even if it is not guaranteed. Moreover, projects with a technology basis are in high demand and develop well. For a good gaming project but whether this will last a long time is very doubtful because if it does not develop this will just be a project and stay in place.

It is really hard to predict the future of every project that is new and very fresh in the market, pyr is a good altcoin and it is new but the concept of play to earn that is now very interesting push it's price to rise up high. So I prefer to buy those token that is now good for short term investment and I found that gaming project is the best for short term investment.

My suggestion is to look at a project where the admin team is clear and responsible.
So before we take the decision to join a project, we first investigate their activities such as starting from their clear and transparent website and also their sales manager so that we can know if the project is any good.

It's true that we shouldn't be in a hurry to join a project, because we have to investigate the project. By making sure the whitepaper is not a copycat,
then checking the background of the project team, also check the project's social media activity. In conclusion, the deeper we dig into projects
before deciding on an investment, we can estimate whether the project is good or not. It is difficult for us to know for sure which projects have
a bright future, but at least we can avoid investing in scam projects, If we investigate properly before deciding to invest.

The clearest option is the community. A project with a HUGE community that loves it and supports it will make it hyped and viral and it will go up. Look at ADA, it has been around for so many years and never really made it big, then a whole new community hyped it and even before they had a good smart contract system ready they were already at third place, now it is going down a bit but it is still doing great compared to where it was, even top 10 is good enough for it.

So, I would say that check out the community, check out telegram numbers and twitter numbers and all that, if they have hundreds of thousands of people tweeting about it, then it is probably a good coin. Obviously check other stuff as well, just community alone is not enough, but without community then all the other things do not mean anything at all.

too complicated for me to do what you suggest. on the other hand in terms of short marketing campaigns have no power. it requires correct correction what is the content of the project, everything takes time and we will reduce sleep, if we are a big investor maybe we can be relied on to pump the project and make the project hunted by many people, of course we can get extra profits..?

This is true. No matter how good a project is, if there is no demand from a good and even huge community, it will be useless and never worth of investing. You will only know that this project has big potentials to have a bright future when there is a real use case on part of its supporters that will fit for it for a long term investment. Also, the project should be hyped too so that it can attract more investors and once they will start to love the project, they will put their trust on it making it as a valuable project or investment.

Depends on you because not all would be having the same judgement or consideration when it comes to project selection or in terms of investment which

these kind of decisions will really vary in your own discretion and not ours but if i were to say then better make out some in depth research before making

such step but if you do look that this project does have a big potential then its up to  your decision whether you do proceed or not and also
its your money after all then you do have the full control of it.

I hope there is an application or if we can see it in the crystal ball but unfortunately, there is no such thing. That seems our biggest challenge now. But there is something that could help us to know if that projects are worthy and bigger chance to grow in the future and that is if listed on the top exchanges. We know that they could help to uplift their market demand and increase the price at the same time. In fact, we can see Binance giving such a thing and so it keeps this site at the top as the investors, traders, casual holders tend to give their trust and so they expect positive returns as well.

At then end all what matters is the execution of whatever idea the developers may have, many developers publish incredible white papers about what they want to achieve and people believe they are in the presence of a visionary, but what matters is the execution of the project itself, if the developers can in fact make the vision they have on their white paper a reality then there is a big chance for the project to become successful, unfortunately this is so rare that I would not bother to try to find a project like that.

And of course, there is a bigger promotion to encourage them to be recognized by many investors as one of the supporting attractions. Difficulty in reaching community voices became an obstacle, and this was because the project was difficult to determine which groups were really easy to attract. Like a good project, the lack of promotion will become an obstacle in the future on how to determine its success.

Your choice to make because its your money then you do have the full control of it because not all will really be having the same insights or inputs towards a project.
If it do looks on  your part that it would be having potential and since its been recently listed on Binance then there would or might have the chance
for it to soar its price in the future even more even though its not guaranteed or an assurance but at least we could make out presumptions
basing on the things we are seeing now.

To know about a project that has a big future. For example the PYR project. At first we immediately sell because the price will fall if we do not sell immediately. But now we can see how the progress of this project. Sometimes a seemingly mundane project can become a gem.

On the off chance that you see such activities better to remain away on the grounds that its undependable and reliable when it comes speculation. I thought you saw how unsafe this venture was. so for what reason are you actually getting some information about hazard. simply focus on what patterns are probably going to overwhelm the market later on, then, at that point, all things considered, it will produce enormous benefits.

Therefore, choose a coin or token that has been clearly proven in the market to invest in because our ability to analyze a project is not necessarily correct and many people miss various studies even though research is important. For me, research needs to be done regarding sooner or later giving a clear advantage to a coin or token in the market.

From incident to incident that has happened, to find out a good project is not an easy job. Of course we must continue to find out by doing various research after research starting from the team involved to the promotion of the project.

Besides it is not easy to find good projects, we are also still haunted by scam projects,
we can't deny that there are still a lot of scam projects so we have to be really careful,
at least we have to do routine research on the project

You can buy more PYR today and hold it for a long time but you are also carrying the risk behind that token so you need to be careful as we will not know what can happen to PYR. If you accept the risk that PYR can not increase in the future, you can continue to hold that token and not sell if the price does not reach your target price to sell. We do not know if the project has a big future because that will depend on how the team works and achieves what they want. If they are a solid team, I am sure they will become bigger in the future.

I think this is a difficult thing to know whether the project we are following is good or not, scammers always know how to convince investors, they can make social media, discussions on discord or telegram look like real, what we can do is invest with a high value we think is lost.

The projects that exist and develop sustainably always focus on building a solid foundation structure and are always creative in terms of utilities as well as additional features… always listen and respect the community.  That's why I love Sovryn.  They do more before they speak, and shitcoins always do the opposite.  Those projects that take value as a standard, always trying to benefit them from the start will fail in the short term as I guess some of the metaverse cages out there, only a few get it.  The rest will be slaughterhouses

It is indeed very difficult to eradicate the scammers who are in cryptocurrency now, although some people have been able to identify it through several ways which also will not be optimal to prove they are scammers so everyone needs to find a wiser solution for this in a way avoid it through indirect trust for every offer they open to everyone in cryptocurrency.

Persuasion always only slightly improves an investor's mood and causes a slight delay in their thinking, but immediately after, I believe investors like us can distinguish and have suspicious expressions about fake developers, so the loopholes of scammers are always discovered very early and our future is always alerted and not attached to these projects. However, knowing the project is transparent and not fake can't let us find loopholes about its future either, sometimes projects are just redirects in a coincidence and coincidentally that's the hot spot of the trend

This is related to my previous response, there are projects that are not scams but that never realize their true potential, and why is that? Execution, many times we see tens of projects that are very similar to each other, and the market does not have space for so many projects so only a few of them will become successful, and most of the time everything will depend on how the developers are able to ground their vision and make it a reality, and unfortunately most of the time it is impossible to tell beforehand which project will prevail and which one will fail, so at some point you will have to take a risk and choose the project you think has the highest chances of success at implementing their goals and make them a reality.

You should always bare in your mind that new tokens with strong developments could take long journey, most specially when it's backed up with good company. Upon checking PYR was now listed at Kucoin which is also a popular exchange, maybe if you continue holding your bought tokens I guess you'll take huge gains by the time it reaches previous ATH.

One thing to look at is if the team is not relying from crowdsourcing to implement their tasks.
Because if a project is heavily dependent on how much they will get from public, I don't think they have financial capability to move forward.
And high likely that they will abandon the project if they have no more funds to continue, even if they want to.
So better look for projects with active developments and have good financial backers, because one way or another, they will push thru their goals because they have private investors that can finance their activities.

Well, previously there were many projects that looked promising out there, but in the middle of their development they became scams. In the crypto world, especially bounties, surely many people have heard of the Centra project, or CTR. I think that it is a very good coin, because it pleases investors, as well as the bounty hunter. well, i think that the CEO has the insight, and the way of development is really amazing, and i think that the project is far from being a scam. however, in the midst of its development, the team was tempted by a lot of money and cheated a lot of people. At that time, I learned that it is very difficult to know if the project is a scam or not if the team or the founder of the project had that intention from the start.
well, all we can do is do in-depth research, so that when there is a sign of a scam, we can sell the asset first, or we can avoid it from the start.

If there is a new coin that pumps up to hundreds of percent and can last for at least 1 month then I'm sure this is a good project and will continue to grow, a good project is of course supported by good financials from investors or owners, and this can be easily seen at coinmarketcap or coinecko charts.

The OP is asking about Futuristic coin and not those Shitcoins and Pump and Dump currencies/tokens.

not because the price goes High in a Month time or even a Year this means the project is successful because there comes a time that it is just manipulated and then after they bagged the funds then will dump the project and investors will remain losers.

Legit project especially on DeFi world has a huge VC backing them plus prtnership of well known project to boost there trust rating to investors. They usually complete a smart contract audit from trusted audit company like Certik before they launch there investment plan for there company. In short, You will see already how trusted there company by all the things they offering in the website. Most of scammy shit project usually start from scratch and backed by nothing plus they always use  other well known project without any source link to confirm there partnership.

Every positive move is an indication of a new ATH and once there is a massive demand watch out for an inflation you were too quick to pullout just a 2x profit and you felt that was all not knowing there are more potential to take pyr even further. It's never late to buy but at the point the risk margin should be tighter as the market has made lots of moves

Especially the metaverse trend is still hype and PYR is a metaverse coin that has great potential because it was developed by a team that is competent in its field and this is the right moment to enter the market because according to the chart it still shows resistance prices just waiting for the breakout moment to reach new ATH

The scam belongs to a bad group of projects and research is required to be done every time when you want to join, you need to do various research. For me, one of the most important things in a good project is the team. The team really determines the course of the project.

Teams can also be faked by scammers and this has happened in the past, so identifying the project team alone is not enough to make everyone avoid what is called a scam because it doesn't happen by itself but because of the intentions of several people.

If the profitable opportunity still exists and you still believe, then please buy. Because each of us involved in the world of buying and selling in crypto has a different strategy even though we have the same goal, which is to make a profit. It just so happened that the PYR project improved as you mentioned. Imagine if the price of PYR when you sold it at the current price was much more expensive when you sold it, would you lose?

Cryptocurrency calculations cannot be seen when the price increases after selling it. When deciding to sell PYR, the trader has already made a profit, so it's not a loss. The profit earned is a proper result for every effort. How about after holding it the price of PYR continues to fall. This is the true nature of cryptocurrency, the price is unpredictable.

If not for the recent hack volcan forge experience, the coin was doing really great, the team are working hard to put things back on track and finding solutions to ensure the hacker don't enjoy the stolen pyr, and they also plan to conduct  a buy back to help support the price,
If you haven't buy before,  this is a good time to buy, the overall market is down and lots of good alts are cheap to buy in now. Volcan forge is a very good Metervase project that has a bright future.

at a time when the PYR was still high and new to me this was an opportunity but it couldn't be long term mostly. this made me so less confident and I only took short-term opportunities. because sometimes PYR is still high, many people rush it and take it short term, which I often see. depending on each project also different other responses..?

For new projects, that was really hard to make a long-term investment as they are proven yet and mostly just run through hypes which made their price spikes. What I do is to look into their trade volume and once seeing an established market spread, that is the time to make a decision about buying but, of course, I don't spend a lot with them as I'm still confident investing known coins.

Indeed, right. Deep research is somewhat helpful to know if the project has the potential or not, but saying long-term investment, seems really hard.

That's why it's all just a coincidence and it's so hard to guess a good project. In activities in cryptocurrency, making profit is the goal and when the profit obtained is still not enough, it is called greed and many are disappointed with greed.

Never sell a good token or coin too early , I've made this mistake several times since I got into crypto.
Another mistake which you wouldn't want to or like to make is buying when the token or coin is already high, don't buy a coin when it's just listed cus you are likely going to later sell them off at a great loss, check out dego token, it got listed on binance and it pumped to over $40 usd, few days later, it went back down to below $8 usd which was its initial price before the binance listing.

According to this theory my idea is that any new project first you look to the project community and what they distribute and the another thing check there Road map what the next info of the token they launch are any new big exchange .
And the community and team show all the things they show the project are strong are not there work show project team are promising and honorable are not so that is very good to first see so you easily say the project are a big future are not.

I am not expecting this coin will do binance actually soon, and I am certain each coin that all around recorded on binance have an incredible guide and likely arrangement. The game was prepared and magma courses will be begun one week from now. I see that this conceivably to follow affair to be recorded in coinbase and we all trade destinations.

Well not risky at all If you trust the team, the concept is great, the community is helping out the project and the quality of product is dope
GENE is powered by Solana and I'm pretty sure Genopets has a bright future

Check OneTo11 it's the example of a trustworthy project
World's First Blockchain Gaming Ecosystem. Multiple Play-To-Earn games to generate consistent income.
Token launch soon on Firestarter

These re main things for checking any project because before investment you need to have good knowledge and update about this project like team can they handle this all, and they have ability to give their 100% after this check their project is this better use case for future because It's also very important without this you can go in big shock then marketing and community these all things surely very helpful in your investment and having some better return of investment. Recently we have very few good projects because now we have very few good devs teams, mostly meme coins and scam projects ruling this crypto community.

That's exactly right. That identifying the team involved in a project is also not enough to know if the project is a scam or not. The Bitcointalk forum is also very helpful with the ANN space. Is there anything else that is far more important in your opinion so that we can avoid fraudulent projects?

It is necessary to conduct regular research on the project as a whole,
it is quite difficult to prove the project is a scam or not and I think this is an obstacle for everyone,
it's true that the information we get from the Bitcointalk forum is also helpful and we can get information from other sources

Why do I say that on the Bitcointalk forum we can also get information about scam projects. Apart from the need to do research from various sources, are there other technical things that need to be done so that we can avoid scam projects? Like tracing who was involved in the project and how the marketing system was carried out.
We all know that it's hard to find a really good project.

But that's a good start if you're wanting to know more about the project.

Knowing the team is your initiation of determining if they're good enough. Well as for the other factors, checking out every single social media and channel platform that they have to see the others feedback.

Holding is for those who are financially stable or have other means of surviving, I'm from a very harsh country where surviving is the top priority so taking profits instantly is what have kept me alive, I've tried to hold many times before but 99% of the projects end up in the casket

Then never Hold Shitty project instead if you really wanted to Keep coins in your Holding then buy or invest only in Legit one in which the ranking coins.
In a lifestyle you have there is no place for risk instead all you have to find is assurance even if this is a very small profit but at least worth to buy and sell.
and i salute you for your attitude in accepting the fact of taking profit in small little way.

Yes.

Activity into those channels that they own is very much important. If there's not that much active people talking about the project then that doesn't make sense anymore.

You can judge them already that you must avoid them.

I try to pay attention not only to the activity on social networks, since they can be counterfeit, but most of all to the liquidity of the coin in the cryptocurrency market. it is the indicators of exchanges and the volume of trade that are the best indicators of asset liquidity. right now I am awaiting the listing of Junca Cash on Huobi and after that I will build on my investment considerations.

I think it is very difficult to detect a project that has a bright future, but if you do in-depth research, the chances of finding a potential project are very high, if a project has an experienced and well-known development team, has a large sales volume, has a high market capitalization, has a large community, and the project has been listed on several major excanges, then the project most likely has a bright future.

But having those activities and attention or recognition doesnt signify that they are legit and you should look if those people are legit ones and not sockpuppet ones because there are instances on where projects
do really make out their groups to be active to make it looks legit and convincing and this is how this market works and if you are not really aware that much or make yourself dumb then you would really be falling into
the pit of scams and also there's no way that you could determine for a project to have a good future because it would always vary on community demand and support
which is something that you wouldnt able to know ahead.

If OP trust the future of the project, that $2 before is now $21.92 in value, so it's already x10 and that means huge profit.

Knowing the potential of the project is very important so we can buy early, a x2 profit from its original price is too low if the project really has the potential, some coins rises even more than 100 times because of the continues development, so this project could reach that kind of success if they continue to develop and impressed the investors with their progress.

This is important, many people are only interested in getting profits, and while I get it at the same time we need to do everything in our power to protect our capital, and one of the best ways to do it is by doing our own due diligence, and one of the most basic steps is to see if the developers are who they say they are, and if not then that is a big red flag which should save you from investing in that project, the problem is that something like this takes time and people do not want to use it in this way, as finding a legitimate project could take you weeks or even months.

If the profits are good enough to flex on a forum, it's probably a good time to take profits.

Just remember that the chances of a microcap coin making it big is very, very tiny. So any variations in price in the short run should be regarded as noise unless there are significant fundamental changes.

So has there been any changes to the fundamentals, or is it all hype? Sounds like the latter, so I would sell.

Always look for red flag and this is where you should really be making research and if possible do in depth ones because you would able to save up your ass on possible scams
if you do really know on what you are doing and not just been carelessly looking for projects which you dont even know on what it is all about. Future could only determine when it
comes into its potential and of course will be varying on real use case and this is something a personal judgement or views neither you do
dive in or not.

You have the point.

And that's why we have our understanding and if you think that those conversations aren't legitimate, you can conduct your own investigation.

But if you don't want to yet you doubt then better leave that project and never trust them your money.

Again, everyone has their own preference for investing their money.
there are various investments as you mentioned above so just choose,
and any investment also has risks, don't expect to be able to avoid risk

Thank you. In addition to their team and social media, it seems that the roadmap also needs to be studied. If we've done with various studies but the end result still ends in fraud, at least we've tried. Is that true?

This is a difficult thing to explain. if we go back in time then we must be wondering what were the bitcoin holders who still held their assets when bitcoin was still very new.

After all, belief is the key to success, obstacles and temptations will always appear, only those who survive will win, as well as in the crypto world!