Bitcoin Forum

There are thousands and thousands of different crypto projects ,So there are a lot of things to consider before investing on any cryptocurrency, Whether you're a short term or long term trader. I usually start up with the coinmarket cal. that is coinmarket calendar to check for up coming events though some might be real some might be fake. Besically for me I like investing at things that continuesly creat value and that's something you should look for, so when looking at the project I try to look out for projects by asking yourself and doing research base on these.

Part 1
why I'm I investing in ?,
what's the value of these project?
Will there be a long term growth?
What's is the team behind it ?, has that team delivered on anything?, Can these team actually do it.
What's the road map like ?
Does it have problem to solve?
How the community looks like?
Example I check if they have verified Twitter account, I check out for the number of followers on Twitter, telegram, Facebook etc
 
part 2
This is where I check out on the exchange they are trading on , are they trading on tier 1 ,2 or ,3  crypto  exchanges?, If trading on an exchange like Binance, kucoin that one will give me more confidence.
Another thing I look out for is the contract address to check number of holders and percentage they're holding if they're holding pretty significant amount without huge percentage difference.
is the token locked ?,(15%-50% )
How many percentage is Burn ?,(up to 50%) is good for me.
what percentage of the token is in Dev address?, (1% - 10%).
Finally I look at the market and how it has been trading by taking an overview look at the chart. All these are what I do before I deep dive into any project.

I think before you do any investment you need to clear about what kind of expectations you on your investment respectively what your goals are with your investment. If you want to invest a significant part of your savings into crypto and a total loss of those funds would really hurt you then you should invest into projects that are already established and big. Of course you will most likely not make a x10 of your investment even if we are going into a full bull market but on the other hand a total loss of your investment is also very unlikely. It is still possible of course because you can never be 100% sure but the same is true if you invest into traditional stocks also.

As a rule, exchanges such as Binance conduct a thorough check of the coin before its listing and this should inspire confidence for the investor. But in this case, you should understand that you will have to pay several dozen times more for this coin than if you buy such coins on DEX before they receive a listing on CEX.

When investing in any project, the first thing you should be concerned of, is the propagation of the project, base on the proper research of the project will prompt an investor to put in fund's into the project, by then you have to understand the primary concept of the project before investing. It's nice to conduct proper research before enrolling to any investment.

Somehow this was my checklist when I was looking for new coins to buy in the market. When it is in Binance, it's a green light for me although I wouldn't count the exchange itself alone as fees are bit of a pain sometimes which kind of hurts my capital when I was day trading back then.

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It was thorough DYOR for me back in the days. :D

I would first look at the team of a project that will launch or issue a cryptocurrency before investing. I research that team and see what kind of work they've done. After that, I look at its technology and see if this technology comes across as utopian or if it can actually be put into operation. After that, I take a look at the sponsors and partnerships they share on their websites. Because most projects fill this sponsorship section with false information to defraud people. If there is any truth in these, I will slowly start to warm up to that project. After that, I look at their social media accounts and check their likes and followers by browsing their posts. If there is an excessive amount of bots, I will approach again with caution. Because in this case it is a problem. There are projects that can be understood to be fraudulent in a short way. For example, he says that many projects aiming to be released will be listed on binance soon. Every project that says this means that, in my opinion, it has taken the first step towards becoming a scam. Because, as per the binance policy, no one can share or leak it until binance makes the listing statement. In such a case, they are delisted without being listed. I invest with all of these in mind.

Checking it using your research notes maybe very useful, to get started on finding those gems quickly. Investments must be like that, indeed the beginning is analyzing, researching, studying, entering your wealth to exchange for some assets, then coming back at the right time and the right price is an investment. But trading short term daily is different to be honest I don't have more time to do research, I just saw some indicators to do it.

if we are new to cryptocurrency, I don't think it's too complicated if you want to invest. Don't be money-oriented in investing, because our lives will not be calm. we have been presented with top coins that can be used to invest without requiring too complicated analysis. and after we place the main investment, then we can learn to invest in new coins, by learning first. This will reduce the risk of losing money. especially if we directly place it on a new altcoin that is not necessarily developed, of course the risk is very big

Some projects have low quality use cases but they became successful because of the team, projects team have the biggest role to play here so make sure you do research on the team first before anything else, what's the goodness of a project with high quality use case but a low experience team members.

I like what you are doing and that's the right approach. Questions. Finding answers to all of it to minimize the risk, as low as possible that you won't even have any doubt when the deciding moment comes.
The worst investors for me are those who ride the hype. Some of them may get lucky doing it, but a huge percentage don't.
The title may be wrong though, as it may take you time to complete all those steps especially when you bumped into another questionable claim from the project.

Not all newly launched project that could have a verified twitter account or other media handles so if you may depend on such meaning you might not get started. furthermore, and community might sounds so good great have all kind of quality post and announcement yet turns to be fake. roadmap could look good insightful but no solid team and good marketing strategies the project sink down. There are lot of coin/token listed on CMC after some while they got delisted due to some uncertainties what could be your fate at that point?

Well I most say " Good/Bad project is always hidden at the early birth" maybe after some further development which might take 1 to 2 year thereafter before you could understand the phase of the project despite there is a project scalelines.

Mate, you should take your time in research before investing in any cryptocurrency project.
Cryptocurrency is decentralized, there are many anonymous people/companies involved and it is risky to put our money on it.
If you still want to do it quickly, just put your money on top cryptocurrency like bitcoin and just hold it.

Proper investigation and research is what most investors lack. Be it a short term investment or longterm. We should take time and look at key issues like, why do I want to invest?.don't be carried away by the hype. Secondly read the white paper of the crytocurrency. Thirdly,look at the block chain and technology it uses. Fourthly, read review on the community of that coin. Know if the time of investment is right. Sometimes we are to take risk but calculated risk is safe than sorry.

from my own strategy faster way for making quick research in regards of finding quality projects are by seeing its watchlist in CMC and also seeing the background of the project itself.
honestly the watchlist in CMC helps a lot and it could gives us a hint that there are this many people are actually watching the projects and maybe could be investing in it and surely with that much flows of investment it raises the chance of a project succeeding.
there are few things that could also helps in researching but I just always find that impression of token holders as the ones that influence my investment decision heavily.

You were also making so many questions while the fact that it needs only some criterias just like the daily volume, venture capital, etc.

For long term prospect then top coin like bitcoin and other top rank altcoins would be the best choice but somewhat it wont really be giving out that assurance on making something out of it in the future,neither it would

be replaced by other coins or would totally stay up on the top for more years to come which nothing is sure when it comes to that.When you do tend to make out some investment then research is a must
because if you havent done something like this then you are simply gambling with your money specially when you do tend to shell out for some low cap coins in the market.

What the OP doing is actually a very good help already from his end. Considering that he is a newbie here, though maybe, he is not a newbie in crypto market. But what he laid out is a very good one in finding a better deal among these crypto projects. The more you read, the better for you in assessing the capability of these projects. It is not an overnight task to learn all these info, but it is a continuous process of learning.

It all depends on how enthusiastic we are in hunting for profits in investment.
Looks like there is a lot of research from what you wrote, but basically that's what is needed to get a project worth investing in, Part 1 is the most important, if it's all fulfilled then I'm sure it is a project worth investing in, Part 2 is analysis shown for how long we invest if it is good, then it is also good for the long term.

Will there be a long term growth?

This should not be a problem of a day trader. A day trader should be more interested in the movement of the market, how volitile and how much he could make a day. It is long term investors that should be that interested about the future or long term goal of a coin.

Does it have a problem to solve?

I don't think that all coins are created to solve problems. Most times if the coin is acceptable by the masses it will succeed even without solving any kind of problems. For instance, the meme coins like Dodge and Shiba, do they actually have any problem to solve? But they are proven to be successful.

However, I agree with you that a proper research will evade you some bad investments in this era of thousand shitcoins per day.

By simply doing the research, you can answer all the questions that you have in your mind. Why and Why?
And there are things we need to consider upon choosing them and certainly, we need to find upon doing the research,
1. Legality
2. market volume
3. Purpose of the project

We shouldn't have missed these things otherwise we are putting ourselves at higher risk.

Good thing I have relying friends and colleagues that keeps me even though I am not worth anything to them. Regarding investing in new projects aside from Bitcoin and other alts that are somehow stable, I look onto my friends choice. I let them be the captain of the ship and if they lose, I lose too. It doesn't matter to me trusting them with this and I am very pretty much sure about their capabilities. As I look at your lists right now,  am starting to understand that it is a hard work for them and I think I wouldn't be able to manage it all by myself. Furthermore I am very much thankful because they have helped me with what and where I am right now, and I will still be needing their help, and off course I am offering my helped too when they are in need but it some other cases. It is really hard to chose crypto projects and if you are a newbie in the field and your all by yourself, you would just be a food for the pack of wolves so better you have companions to help you out.

This is what we called responsible investors and not just buying because of the hype.
I do have my own list to follow every time I’m planning to invest, though I’m not in a rush to buy because I still want to confirm many things before buying. We should always have this strategy, long term investing really needs a good plan and strategy for you to become more profitable.

If there is no solid foundation to begin with, then, the dev team may only have short-term plans on the project. But don't be too confident if the team is laying out good foundation, because they can also abandon the project once they got their pockets full. Much better if the project is backed by top companies because I don't think they will disappoint their partners by not accomplishing their objectives.

All this above mentioned are actually a very good factor to be considered before investing in cryptocurrency. But you didn't made mention of Risk taking, I think if you are able to make such research and found out something interesting about the project or you feel that the team are strong enough to move the project to success, by then you should have calculated the amount of risk you are taking so as to plan your self proper.

You have to DYOR first so that you will know which project will most likely to produce investment returns. And when you have found your target, that's where you should start your in-depth research about the possible outcome of the project. That will include legitimacy of course, and of course the promotion of the project, if it will create a long term value or not. Otherwise, you will fail in your investment and regret putting your capital in it.

It will take a lot of preparations before you can say that this is the best investment that has huge potentials to succeed. I think everything is a must doing DYOR, analyzing and studying each and every aspect that will made to convince you to finally invest in it. However, when it comes to trading, if you have the skill in analyzing the market patterns and trends, following your own technical indicators, mostly likely you will never lose in trading.

If you decide to invest in a project and you will put your capital into it, so what is the problem with spending one to two hours searching for information about the project through blogs, YouTube, and the work team, and reading the whitepaper for it? If you want quickly research and do not have time and want investment advice, know You did not do the right thing, you can see the project community on Telegram and read the questions of the members about the project and the answers of the community admins, and you can follow the approach of the experts who recommend the token of the project that you want to invest.

I'd just hope this will be the solution and further enhance the chance of their projects existing for a longer time.
Even to say that they are back up with the top companies, investors will still look at the use case of the project as it is possible the developers will abandon them in the end. It was going to feel better-investing projects that are already been successful, old projects, not these new builds.

IMO, I believe that there is no perfect way to determine what is the best cryptocurrency project nowadays but we can notice how serious the project is by examining the team's background and how the project will perform to create demand for its token if it's achievable or just a too good to be true promises so it doesn't matter how long you are doing research but the more important is you are sure that it is a legitimate and not a scam. because that's what im doing before joining or investing. Im just checking for the team background including its roadmap.  

You are on the right track to finding and choosing investments, but that's also part of identifying a highly profitable GEM.  As is my habit, most projects now sit on the launch pad before going to any reputable exchange.  Mostly I would look for them on coinmarketcap reputation launchpad entries, monitor and observe them carefully and include launchpad rules before joining.  Everything must DYOR cautiously and avoid puppets

Finding new projects that has a promising future is difficult and that finding the one will take time for you to have a research on it before you can finally figure out which one is best for investment. In my case, whenever I am finding new projects which has potential to soar high I literally look for the whitepaper searching every detail I needed to convince me that this project is worth it, I do also consider the persons behind the project or the dev team because for me knowing a dev team of a new project is someone we know who has a good background about crypto, about making projects then it is a plus point for me to trust the new project.

if you use your own research on the project relying on the questions you have created, of course it will be very useful for you. Before investing in a new project, it is very important to consider what you have to say. some of them have disappointed us as investors with the final fate of the project. however, if we never try to research, then we will never know the potential of the project. most importantly do not speculate, because it will not end well.

Those are some great tips and I think you've covered quite a few things I do when researching new projects as well. The work doesn't just stop once you've bought them, though. Unless it's a big project I follow up with projects I invest in..I follow them on social media, re-visit their websites from time to time, and do other things to try and make sure they're actually keeping active on the project and trying to expand/grow it. This is usually for small the smaller tokens I get into. If they're not listed someplace like Binance or Coinbase at the time I'm perfectly okay with that, but I at least want to see that something like that might be possible in the future.

The right thing to do is to invest in the best skills because the best tokens are the ones that make a profit. Moreover if you have lot of questions so simply understand that without research you will not suddenly get the best token for invest. This new investor always invests in the wrong token so that's why you should more skills about crypto.

It's nice to have such plans and questions before investing in any crypto projects and it's nice to see this here being shared with other people, especially for the newbies. But sometimes the problem with others even if you gave them a nice way of conducting research before investing is that they still won't do it. Most of them are too lazy doing full research for a coin and just getting along with the hype hoping that profit can be made in a short period of time. They rather like to invest in things that are high-risk high reward having an unknown team without a concrete roadmap and with a silly name. And I feel very sad that some people still don't learn because most of them already knew the risk but are not avoiding it.

What skills do you mean?
When it comes to choosing a cukop token, just choose an old token that has a lot of potential, not a new one, not because you see the price is good and feel you can get the benefits, you are immediately tempted even though in the end the token is a scam like what is happening with the current Luna token.

You could have invested in Luna with your research skills OP but you still wont be able to predict Luna outcome, this is why people need to be careful around altcoins, no matter how good they look anything can still happen to them, no matter how good your research skills are you can still be a victim to bad news, the best place to be 100% in relaxation is with Bitcoin.

IMO, the most important things are that:
The coin or token has utility
The team is real, honest and capable
The tokenomics are good
The project has solid financial backing

It's for these reasons that I am investing in the Candle Labs presale.

If you really end up answering all those questions, no project will be worth investing in. Point is that humans love taking risks and therefore these avenues are popping up since time immemorial for people to release their risk taking habits. If someone were to develop some crypto that solved a lot of problems, believe me, big corporate would come in to the picture and the average investor would not stand a chance to get a decent share.

Hence what you are actually going to get in this market are shitcoins that are attempts at solving a problem which does not even exist of a copy-cat of a mainstream system.

Honestly, the only coin that solves a problem is bitcoin, so beyond that any other coin that is trying to compete will fail.