Bitcoin Forum

As we all are seeing the launching of new projects one after one. So, one should take care of many things before investing. How to know the real potential of these new projects?

Some important things to be considered

1. Team
2. How far the development of projects
3. What already achieved so far
4. Commitment by the developers to the project
5. VC or companies who have been also backed the project

I used all of those things to make sure how potential the project is. It's caused by this is the most difficult thing to be known. I do believe if once the project has been fulfilling all of those things and i will call that as a potential project.

This is a common question but many failed to look for the right answer because it is not really 100% when you got the answer it concludes everything rather it came from speculations and some sort of real-life experience but might not gonna work for you. In other words, you to spend some little time reading the history of successful projects and some failed projects to conclude your decisions in making investments and also read some preventions on how to spot fake projects that are creating pump and dump coins.

At first glance, you'll have the basic information that can help you determine if they're good with what they're working it. I agree about looking at the team and the whitepaper. If you have those information of what they're planning together with the roadmap and the team. You can analyze if the people behind the work are really good people and has a history of working with good projects. Usually, they've got linkedin profiles and other social media accounts where you can check with their way of sharing and posting through their accounts you'll have the idea of their interests.

You should check that project team first is team is real or have any doubt. then read there whitepaper and roadmap for knowing there future plan and goal. aftet that follow there project some days and check how many investors interested with that project and how much they are able to create hype oIn this competitive market. then think about investment yourself

Several factors to consider when choosing them,
 - team behind
 - support/exchanges
 - purpose/application

However, even if the said project has all of these things not in certain to think that it will succeed. Investors are also wise and they somewhat need to see the project first to show some significant rally before investing making a new project is really hard to grow.

Well i would say that at the moment it is relatively quiet and slow with the launches of new crypto projects, which is not really a surprise because we are in a bear market and there in general small and new project are doing way worse than big and established projects. And new projects that have not even launched yet are having an even harder time at the moment because the interest of people into investing in such projects is just extremely low usually.
If you still want to invest into a new project then you should check the whitepaper, the team, the roadmap if it makes sense and of course also the tokenomics. How many token does the team get how long is the vesting and so on. Even the best project can fail if the tokenomics suck.

Right now the crypto market is slow, with lots of new projects launched at the moment. Unfortunately, this makes it hard for projects to attract attention and interest from investors. You can help make a difference by doing your own research into a project before investing.

It's very hard to determine that. I just take care of project from the how many big parties backed it. I have feeling that when a project has a good start but it can also become a scam project at the middle of roadmap. It's very hard to know which thing that is very dominant to determine the potential of the project itself. I can assume that if you will be seeing so many potential projects but there will always be a few winners from tens or hundreds of potential projects in the market.

Truely speaking at the onset nobody can predict correctly about the outcome of a project.

Most of the projects start with very high hopes and they eventually turn to a failure or scam, the reality of this sector. It is better to be pessimistic here since 99.9% of projects will be like that only. Dont expect a newly launched project to be in the top 10 coins list in the next 2years.

What you should check is an intrinsic market making capability - the ability to spend their coins for services which are actually useful and in demand. This creates the scarcity for that token and hence the price will rise in the long term just like bitcoin. This is lacking in most projects that have been launched till date.

We could actually see hints if a project has a good potential from the beginning especially if they're showing a good road map, is being handled by a trusted team and they have active platforms where we could reach out to them and see updates regarding their project. Sometimes even if a project team is reputable, the project still tends to fail so we have to see the capability of their project and how it could all the market tests that it could face.

My same answer to the question that was repeatedly asked here in the Altcoin Discussions.

Let's not waste time about forcing to know who the team behind a project when they say they are trying to be anonymous.
If they don't want to be recognize then leave it with a red mark and move on. Look for a new project that are not shy about exposing their faces and profiles. Your chances of having a successful investment is partially relying on that.

The roadmap should be checked meticulously too. This is where scammers could go wrong by making an error on their roadmap. Somehow you will save some time if you find that mistake.

Partnerships. Do check the reliability of it. Many put names of companies that looks good in the name but there's nothing behind it.

I see many of the reasons you listed very appropriate but team doesn't really matter for me if they have highly reputable and technical personality but are unable to show it in lifting the project , that is why number 2,3 and 4 are very necessary to look at. If a project is not developing, not achieving different mile stone it means the team is not committed to the project. So if the project has lasted for a longtime without doing well, you need to
reconsider these factors before investing.

A good roadmap can't be the main reference, sometimes some scam projects take another project's roadmap and turn it into a convincing new roadmap. All can be manipulated well. The crucial thing is that the development team posted is of course all fake if it is a scammer's project. Detailed research needs to be done, scammers are now getting smarter to manipulate anything, so we also have to be smarter.

There are many factors and parameters when determining a good project. First things to consider. It is necessary to consider what the purpose of the project is for, what the team has done before, what successes they have. What kind of roadmap have they prepared for the progress of the project? You can make a lot of evaluations which companies have funded.

Only you can see the potential of the project you choose and for you to understand it fully, you need to learn how to do your own research, do not let people spoonfeed you with their comments and adverts you see them do on their websites. Go deeper and check things like the website, the team, the tokenomics and how they are going to be distributed and if there is going to be locked up system so that they would not dump them on you and other investors later, check on the validity of the teams and their background, some of there display sometimes it usually fake that result to scam sometimes if you are not vigilant.

I believe that if there is a strong team behind a project, then that project can perform well. That's why I look at the team behind each project, their idea, and what they're going to solve.

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In a project in which venture capital (VCs) are involved, I invest when all these VCs are exited because in the middle it is risky as dump tokens when they get their tokens, they don't care about the project only care about their profit.

The credibility of a new project is hard to ascertain now, based on the bearish market. Nowadays, I don't go by the solid team behind a project or their roadmap cos it always goes by from one postponement to another of the utility progression of the project.
Thinking of how I have been deceived by the newly created crypto project makes me not take their words at heart or believe them cos they do end up with one story of them not launching their project soon as promised. Because of such excuses, I decided to stay clear of new projects

1. Check the team
2. Check the projects relevance
3. Check Roadmap
4. Check Whitepaper
5. Check development behavior
6. Utility
7. Security
etc....

Even though you do make or able to see this checklist but doesnt mean it would give out
assurance on getting some success on your investment. Everything would boils down into community demand.
Therefore, there's no way on making up some assurance on everything.

That's not easy to identify new projects have a good potential, by do research, team roadmaps white papers, it is also not enough. Lately investors are rarely interested in new projects, if you OP want to invest in new projects my suggest it's better to hold on and monitor first progress of the project you're aiming, or more suggestions from me better invest in old projects that already have potential.

as many have said, the team behind these new projects matters a lot, it's usually the reason that some project could succeed and afterwards you should see whether they bring real innovation and see if their development was frequently updated.
though it's definitely isn't a sure way in making sure that a project could succeed it's most of the time is still a deciding reason in investing in a new project, because most of the time, a new project still doesn't reflect sign of succeed.

You are right, instead of investing in new projects because the risk is high compared to choosing to invest in old projects or old coins, there is only one potential for new projects which is to participate in buying tokens on the Binance launchpad, so it is certain that we will profit because new projects will be traded on the binance exchange after the launchpad period ends.

all research will back to again to market response and condition. alot good project with good team , white paper or even utility dumped in market due some reason,usually team didnt communicate with their investors well. investing in new projects will take time to give us return and also it will full of drama in their developtment so patience is the key for new project. but if we find correct project maybe its return could more than 10x.

The potential for new projects does not dominate the gains over losses from new project investments [scam] even if you've done some important research on whitepapers, teams, roadmaps, and more. Some new projects seem convincing due to high quality concept and experienced team but end of drama then all team token holdings are sold and liquidity is cancelled, so only top coins for top priority investment.

although there are many theories that explain how the project will go well, the reality will always be different and difficult to predict. I think taking a role in a new project is like gambling, if we are lucky, we will get a project that is worth it.

Check out new projects using coingecko new listings. See if the team is doxxed and if their contracts are audited. Make sure the tokenomics make sense and that the project has real world use cases and can generate revenue. Some new projects coming up are MAXX finance, Lamina1, and SUI. Keep your eyes peeled for these ones.

To follow a project, of course, we must first see how the development of the project is, if indeed the team that joins the project works as much as possible then the project must have high potential to achieve the targets that have been set, and also projects that have potential, of course they are always active in responding to every problem, especially in telegram, then many of the successful projects that we have found are very dependent on the team that is always active in the development of the project.

Look at the team, their background and anonymity. Also look at the list of venture capitalists, funds, who support the project. Also look at the tokenomics of the project, what vesting, how many coins go to the team, advisors, etc. Pay attention to where the initial sales of the project, if the tokens were sold only on the project website or on some launchpad for little-known tokens, then you should not expect anything good from such a project. Projects that cost more than 60 cents at a public sale will not bring much profit either.

yes, I totally agree with your opinion because so many people have fallen into the trap and lost their assets by just listening to speculations from people without doing their own research by reading and learning about the history of growth and development of successful and failed projects.

What we need to handle right now is the big names, not the knowing potentials of new projects. I know that alts are mainly about the small guy who created a product for 10k dollars or under and then managed to make millions from it because he created something everyone wants.

But, you have to understand that the story there is about the creator, not the investor and people do admire that person, but you can't be that person if you do not know how hard that is. Instead, focus on the top 10, or even top 25 if you want to, but that's about it because we are barely getting out of a bear market and we need to make sure that we are doing safe stuff right now, until we can recoup our losses and comfortably in a profit position.

Top 10? And what is included there? Bitcoin, ETH, 3 stablecoins and XRP, which has been stomping around in the same place for 5 years? What is there to focus on? In cryptocurrency, this stereotype will soon have a long gray beard about the top 10 and the attention to it. There's almost nothing to pay attention to. It's better to expand your list to the top 100, there are a lot of old proven altcoins there as well, and there are young promising projects there as well. Diversification in investing from such a choice will be more effective and there will be a certain balance between risk and opportunity to earn.

maybe first utility must be done by developers team , so by looking this utiliy we will know how demand will created. Alot investors forget about from where demand created. Is it from or from ecosystem , or even boyh of them. Whitepapers or something written only a text that could manipulated, but utility never lie to analize project quality.

Well, I do hope you can find new projects that carry potential as we can't deny that majority of them are worthless and even just a scam.
And you must have to consider these things upon choosing them,
 - project development
 - developers
 - trade volume

In some cases we fall into the wrong project because of huge rewards, offering high returns but we have to careful in things like this as it was mostly a scam trick.

Knowing or acknowledge potential projects in the space is not an easy task because even the scam projects comes with gigantic returns and profits. Any project that doesn't have a strong community behind it, in my opinion I consider it as scam projects or projects that won't end up favouring the investors rather making and ripping them of their capital invested. Developers should be really actively in making sure the project yields profits.

I can attest to that, if you are monitoring a project do it at least for one complete year and if possible through a bear and a bull market. Most companies do well in the start and crash down during a bear market only to never recover back again.

Hence it can a good yardstick to measure their sustainable model.

Most projects will die out in a few months or so, as far as I have seen. A few others run for a couple of years and then dry out.

Everything will be seen from their development, if in the new project they follow the road map according to the community trust and fundamentals will be strong. but in new projects even with very good concepts they are too afraid to face extreme market seasons. Because of that we have difficulty finding suitable projects to invest in.

To know the potential project you need to take some time to investigate most of them and spare some time to ponder about their roadmaps and continue to follow them without investing anything yet. Just be some kind of a person that is curious to know their result because after all, that kind of curiosity will be your main tool when you gonna invest in some altcoins in the future. People that have been doing this become a pro to distinguish the fake from legit but that doesn't mean they're not going to have some mistakes the percentage to land a successful project is high because of their time spent investigating before investing.

The whitepaper is not important anymore, since 2017 many new projects have been using other old projects whitepaper to write theirs, meaning they change some words and present that to the world as their whitepaper.

yes, that's true, even though investors used to not believe in white paper, because white paper could only be copy and paste,
there have been many scam projects in the past, but now white paper is the benchmark again,
I think one way is to find out whether the project is good or not is from the authenticity of their team

Well, such scammers are still not the majority of those projects that are released to the market. Most of them are still trying to introduce something new, since it is the novelty that attracts potential investors to invest in a new project.

Honestly, most new projects do have a potential, as they are supposed to be. In the first place, they won't be successful attracting investors if what they offer is a trash and the use-case is not necessary or not appropriate to adopt and integrate in the crypto-world.

But the big question is, will they have a successful run? Will developers continue to be dedicated even the project seems not getting any good attention or being hype? Are they serious on following their roadmap and future development plans? And the most important question, are they really honest and won't turned into scam later on?

It's really risky to be part of the startup. That was part of the risks that needs to be taken note before considering putting money on new projects. If you don't understand the risks, please don't engage. There are other good options that's more worth taking a risk compare to that.

It’s a mine field investing in new, immature projects. You know what happens when you walk through a mine field? Most people get blown up. Some people hit winners but it’s mostly shitcoin roulette. I would advise to DCA into bitcoin & eth & forget about chasing the rainbow.

All new projects will come with some sort of risks. If you see a new project and see that the price is going up insanely, high chance it is a scam project and the price is getting pumped by the developers/scammers.
The only way to know that a new project is legit and has potential is through doing your own research. Read the whitepaper, try to know about the team, see how strong the community is, see how much focused they are with their project and look for any bs they spit out. Oh also make sure to run as far as you can if you see the community only screaming "to the moon".

If the whitepaper is no longer important and it is not necessary to see it before evaluating a project, what do you think is important to evaluate a project. If you don't read the whitepaper, how do you know the project is copying other projects? Not all projects are copied.

The whitepaper is not enough to confirm whether the project is promising or not, but not reading it is like investing blindly and full of luck.

well, if you want to leave a big risk, then choosing bitcoin and ethereum is the right choice. that's because the potential for new projects is sometimes only visible at first. after that, lots of rugpulls or other FUDs happen. maybe a small part of it made it through that, and made a big profit, that's what investors want, it's just that it's hard to find. Many people assume that doing in-depth research on a new, multi-faceted project will lead to finding such a project. well, that's not wrong, but we also need to know when it's time to leave the ship before when it sinks. this can be done when you continuously make in-depth observations of the project you are targeting. whether it's from the team, and other developments. it would be great if you invest when they have determined the market that will list the coins from their project. however, there is a big risk if you invest in a new project that has no market. The advice I have, try choosing a project that will be listed on a large market such as Binance and Kucoin. it is the closest altcoin project to the rainbow. but still the risk is there.

This is why I don't just into new projects that just released a week ago because you can not keep a track of their project this way, before investing on any project make sure they've been out for a while and start looking into their progression, that's after you've checked its use case and team experience, make sure twitter channel is updated regularly and they follow their roadmap.

You do not know and there is not really a way to know beforehand how a project will do in the future, even if you do your due diligence and you find out that the developers are who they say they are, they are talented, big businesses are behind the project and the market conditions were ideal this will still no guarantee you will get positive results.

By doing all the above you can take a calculated risk, but you are still taking a risk and as such you cannot expect to predict perfectly what will happen with each one of those new coins in which you decide to invest, so you will have to accept whatever outcome you get out of your investments.

This pretty much completed

I will add more

- The Community
- Roadmap
- Listing
- Dont Forget about the tokenomic also

we can see with VC tho if the VC like Binance Labs is pretty damn good

First, By their past projects you can know or identify potential projects in the community because you will definitely know how strong they are to make their project successful in the future. Secondly, by their teams you can know how good they are to their customers before investing on a particular project in the community. Thirdly, by population you can know potential projects through the participants that are part of that particular project before investing. But if the numbers of participant are few in that particular project in the community, don't invest until you carry out your personal research to know how good the project is in the community.

If you wait that long, there are two possibilities that could happen. First off is you see it as a good project with no fundamental problems and you buy it during bear and you sell it during bull markets. Secondly, you would be too late, and it will go down and not be anything important ever again, no super high increase in the price, and you would be regretting not buying very early on and selling a bit later.

I would say that the second one is a risk, and you would end up with regret for not making profit while looking at it, but you should be glad not to be holding it when it goes down. First one is easier, because you know it will do well eventually.

Text messaging, video conferencing, games, image and file sharing have become part of our lives. PunkPanda provides a complete and convenient network! I am sure that this project will become part of you, it will become your favorite!

Almost every day there are new projects launched, both those listed in this forum and those that are not listed.
But to see that the project has the potential to succeed is their work partner, a trusted team. Roadmaps and whitepapers are no longer a reference for project success, because many projects are out of the current roadmap.

I think it's still good to look at the whitepaper and roadmap, so that we will know if they have the potential.

But the problem is that the crypto space are so saturated that the projects are almost the same now. Even others copy each others whitepaper and there are no uniqueness of the project itself, so it's hard to know the potential until it was released. As compare to the early years wherein every 10 released, at least half of them is going to be very successful, but not today. Besides, the people behind are not to be trusted or they are just creating projects for pump and dump purpose or even scam investors.

Which is the main reason why so many people are losing interest in investing in those projects, right now we have tens of thousands of coins in the market, do we really need that many? How many different coins have you actually used during the last year? In my case only one and it is bitcoin.

So most of the coins being released today are not only just copies of other projects, we do not really need them for anything, and this explains why the majority of the projects collapse and disappear during their first year of existence.

In the current situation I prefer not to invest in new projects, because I think this action is too risky if you look at market conditions. And I prefer to divert it to just buy popular coins gradually. For me this is much safer and can be said as an additional investment for the long term.

I think the most difficult thing is choosing a project that has the potential to be big, I have participated in many ICOs since 2016 but only a few are successful, most will not survive after 2 years, the competition is so fierce that many projects that look convincing turn out to be scams.

no one knows one hundred percent accurately. but at least we know the characteristics. some cases that I have encountered, new launch projects are successful with seriousness in undergoing project development. they don't really care about public sales because there are funds before the project is announced.

We can't do like guessing, not even seeing their team members are enough. Honestly, this is hard, and investing guarantees nothing. We can just verify and could tell if that project has the potential or not if we do an actual investment.
I'd sometimes use my instinct and sometimes also I fail. it was clear to me that investing in new projects seems too risky, unlike investing in BTC and known potential altcoins.

I think projects that are active on social media and often hold AMA are projects that have the potential to be large, I followed several projects that often hold AMA and are happy because the sign to be bigger is increasingly visible, but I don't want to guarantee 100% that my experience will be in accordance with people other.

It was to know that social media could be a huge influence and can create hypes but can't deny also that these social media platforms are known to a big scam. If I am going to invest, I don't just go for this hype and this is not the thing to help to say that it has the potential.
This is a big risk in new projects as it was too hard to tell because some projects looks promising at first and have an active market participation but later on, they turn scam.

In fact although we have analyzed a project carefully, sometimes, our analysis is far away from reality. Sometimes, the project looks legit with a strong team, good roadmap, clear WP, enough funds, high hard cap, seems like a real use case, and also other promotions. but nf act they are failed. We have seen so many similar bad experiences with this kind of project. Seem like investing in a new project is like something that we may be lucky and unlucky although we have analysed it. Because we still dont know if our anaysis will realy guarantee or not.
But at least, if we ahve anlayze at elast as what @lobo13hf explained abve, this is much better than only following hype.

Potential projects are currently very difficult to find on several platforms, and many are scams,
if you want to find new potential projects, of course,
what we have to do is follow the launchpads of well-known exchanges, for example Binance, Bitfinex, and Kucoin.

investing on binance launchpad was good strategy to earn profit, all ieo project there give us good profits. And another benefit was , binance research team doing goos work for us, so we didnt neccesary to observe or analize. They doing well on each project that will released.

Yes, that's right, I personally cannot accurately determine which new projects have future potential, because it is difficult to analyze them. Sometimes a project that looks very convincing at the end is always disappointing with all the facts. Especially now that there are so many new projects hanging around, of course it will be difficult to determine which ones are really promising.

It is common if we end up choosing the wrong projects for investment, because it is very difficult to ensure the project is really potential.
Even LUNA which was previously the top altcoins, could end up being shitcoins. That's why apart from we have to do research and analysis
properly, we also have to divide our capital across several projects. So if there are projects that end up being scams, then we can generate
profit from other projects. What is certain is that most of our capital must be invested in Bitcoin, which has proven to be the safest crypto
option for investment.

Things that are very difficult to know the projects that have great potential such as Tron, Matic, BNB, ETH or others, what I do is observe social media, if it looks convincing for example the number of followers, chat that looks natural and so on then I am optimistic that it will become a big project .

I agree that you miss out a good project in the bear market and not be able to touch it once it goes up, but to be honest, how many have you seen recover from a bear market completely and make a new for themselves? Almost none. So it goes without saying that majority of altcoins are failures which we all veterans have realized and watching out newbies learn the hard way.

If in that small fraction some project ends up being big, it will grow gradually or give you chances to buy it, it would not go up in a day and stay there forever.

The easiest of them is to just buy bitcoin at low price and be home free. Nothing yields better profits and sound sleep.  ;)

don't forget the TEAM list of a project is also very influential and the list must also be transparent,
because a lot of new projects currently don't have information about their members,
of course this will make you wonder and maybe it can be indicated as a scam, because the evidence is already overwhelming,
 a lot of scam projects because they don't have a transparent team list

This means you're missing something important or your analysis doesn't cover all the spots. I know a few things that investors typically overlook and think to themself this project looks promising. For example, a project with high potential has to have a legal team forming or planning to have that in its roadmaps. Novawady, you had to have legal expect to centaily your project stays within the legal boundary of government.

in communication side if developers team regularly hold AMA , its good thing for us as investors. we will know the lastest update about their developtment so it could be indicators how they will build project transparantly. but we need more than AMA , they must also deliver product as suitable with their timeline so more trust will coming.

I agree, that AMA can hold investor's trust in the project since the project maybe needs more time to launch its first product or second product. But many projects still didn't have AMA because they were too busy and only the manager of social media who only answer us in chat apps like telegram or discord. Finding a potential project it's a bit tricky in this bear market tho.

The development can be a good point but that needs a deeply research. So many scam tokens were also doing development but they were doing it as camouflage to fool the investors. This is the most difficult task in this thing. It's not easy to know whether that was a scam project or not. It's pretty much similar like wanna know which project that has a very big potential to growth in the future.

AMA is nothing different than public talks and any other public showcases. How do you handle that same team when a project makes some promises and then works to break all those promises one by one.

You can get to know only what they want you to know during such AMAs. Don't expect to get critical points regarding the project or its development from such talks.

The social media managers know how to takle such questions and therefor you will only be misled. If you need to get info on whether to invest, observe the projects for a few years.

It's hard to know which project is big and successful, most of us only know when the project is already in top exchanges such as binance, huobii or others, and it can be said that when there is a project that is released at Binance Exchanges it will last a long time and have the opportunity to succeed.

There are some indicators that tells us that a project is doing well and has the potential to become greater in the future. Some of the indicators are the presence of a knowledgeable team. In most cases, the team members are made known to the public. Their resume are also accessible and investors have the right to verify their records and previous experience to decipher how knowledgeable they are.

The basic thing we need to know is whether the product of the new project is in accordance with the current market conditions and some plans they will do in the future so that it can give great interest to investors to enter the project and the team at work In this project it is also very important for us to pay attention because with a good team, the marketing that will be provided by the project is also good.

It's true that a good team with a working product or at least in testnet stage, especially with a project aim in line with current trend is usually a potential project to watch. Aside checking the core team, I normally check the project backers, and amount of investment they've attracted so far.

Just looks who shills it and vc behind it.

If it has a vc and a massive token unlock at the launch of the project, most likely you just become exit liquidity for them,

Yes, the seriousness of the new project holder will determine the fate of the project in the future. If they don't really manage well I think they will quickly fall too. However, I found some projects that were only serious at the beginning and halfway through they actually stalled and not long after the projects they built were destroyed. It's not easy to determine which ones have real potential, luck also sometimes takes part in it.

We have a different way of knowing a legit projects i will say that the projects is potential when the team or developer behind it has already have successful project or a very experienced team in crypto the team who handle the project is very important we need to take a look with thier profile and thier past project before investing, some new project is good but there are also rug pull project so be careful.

I see if the project is good or not. I often monitor via telegram on Twitter there. I see project progress and I see investors invest in project coins. If there is little investor confidence, the project has the potential to fail, that's my experience in monitoring projects.

Of course, if what they develop has an influence on some other crypto, investors will not leave the project. Instead, investors leave because what they are developing does not have anything of value in the project. If it's just developing coins to sell on the exchange, I don't think there's a need for too many coins. The most important thing about a project is bargaining value.
For example, a new and successful project is the one they developed about the Dex exchange, Smart Contract. This is something new after a long time Ethereum has operated as a smart contract bidder.

Haha, true that, with most currencies being just methods to exit scam the investors this is going to hurt the economy and make the newbies lose money before they know it.

VC will shill their projects so they can make profit and not the other way round. The losers will again invest in another similar hyped project and the cycle will repeat.

Potentially projects are almost equal to zero at this time. So better to keep bitcoin on focus and not go with any altcoin.

If you want to know the potential of the new project, and you can understand it below:

1. Check the list to see if the token is worth it
2. Visit the project website
3. check social media profiles
4. Community evaluation to see if cryptocurrency projects are worth doing
5. Read the White Paper
6. Understand whether the project has real utility
7. Fraud Check

This is according to the way I know about seeing the potential of a new project, if you are interested in using this method please do so, but if you are not interested in the method I provide that is fine. You can also use your own way to determine what you want to do.

Indeed what we can do is monitor all their social media be it Instagram, Twitter, Telegram groups and others,
if they keep doing updates regarding the project i think its a good project,
even so, actually it can't be used as a guarantee and needs to be researched more deeply

No my friend, a telegram group that gets posts everyday or a twitter page that shills everyday does not mean it is a good project. Rather proper development happening in the background with updates coming in the foreground is a good project. The first one is very common and you will be surprised to see how many shitcoin projects keep updating their pages with bots and not do acutal development at all. Obviously you cant expect better from amateurish teams like the ones that set up such projects.

None of this can be a "guarantee" and hence the altcoin projects are a risky bet or a complete gamble to put your money on.

Not easy to know with potential project nowadays exactly with new project launching because many time scammer looking for thousand ways how to get much profit with their new project launching. How beautiful planning schedule on whitepaper actually not guarantee we can get potential project because several developer just care with profit only without have good planning at the future. Many new project launching success at the early when pre sale and sold out just few days after pre sale opening, but face problem slowly when market listing because many new project not really priority with potential exchange market for listing. Be careful when investing with several project and made little research exactly with owner or team developer behind some project standing.

The potential for a project is to have a good team and be listed on many exchanges. besides that it is also very important in my opinion is to have a clear road map. With this, we can also find out the usefulness of the project in question.

We can judge the potential of a project by several characteristics like the team, whitelist, roadmap, partners... all good but there is still a chance the project becomes a scam. Therefore, when investing in new projects, we should be extremely cautious and most importantly be ready to take risks in the first place. We won't be able to know exactly what the end goal of the project owner or team developer is until it actually happens.

To actually see the real potential of certain projects are when they hit the exchanges and could actually survive with thousands of coins out there competing. New projects have different ideas and roadmap to do with their "competent" team on their thing but still if they can't make it real and just the BS on whitepaper then it's not going to work, because so many projects have done that.

The only thing that matters when they hit the exchange and then people will start actually looking at it.

Yes, there are now infinite number of projects are being created daily. Many of them are scam, so it is very difficult to select real one. But there are some points which differ a fake scam project from real project. The first one is the team, if the team is verified and experienced then project can be real, Second one is project acheivemets, and the third is project goals.

That's the problem of how a person will know that it is a potential projects when as you have said there are lots of projects that are popping up out of nowhere and most of it are scam. Knowing a non scam project is very hard as if you use a percentage about a scam and legit projects then you can say that 1% of it are legit and the rest are scam projects. Better do a lot of research before investing in such projects.

Indeed it is very difficult but there is a process to check if the project is highly likely a scam.  I always look at the developers or people behind the project.  If their picture is cartoonized without any link to the personal profile of the developer, I often skip them because for me it is a red flag.  They are asking for money of course they need to show us who they are.  Another thing is the return offer, if they put in their project description a return of x times, then that is another red flag for me.  We can also dig deeper into the background of the developer if they are really those people and really have those achievements because lots of projects often exaggerate their developer's attainment.

It is hard to know a potential project this time, there is a lot of new projects that turns into a rug pull and fall into very cheap at price that can end you up loosing a lot of capital. One example of that is the citizen finance/ cifi project from the price that reach 200$ above now is 0.04$ imagine that loss if you invest during its hype that reach 200$ per token, the crypto is not always about gaining its about how you understand and extend your patience proper analysis and controlling emotion is needed.

Unbelievable with Citizen Finance price right now only $0.04 because ever I saw this coin price above $200, we can't accurate predicting with potential project or not but I think if some project listed with dapp exchange market only never trust 100%. What happen with Citizen Finance coins become reason with coins list on dapp exchange market only and they can suddenly removed liquidity pool and make price drop until become scam project. Have many time cases with scam project if liquidity can removed when ever developer want and not guarantee lock for several years later. Shocked when I check with Citizen Finance coins price drop drastically right now and hope all investor can be good experience never greedy for holding some coins project.

i also know about this project, the development team is still working and their communication channels are still active, the project is not abandoned yet
the price drop to such extremes is partly due to the fact that the cifi development team increased the supply by 10x and the price adjustment to match the total new supply was made before the bear season arrived
the bad thing about this project is that they didn't pay the bounty hunters, they appropriated most of the rewards by not distributing all of them after the end of the campaign, which is a pity for such a project

It is true that we should never stop doing research and analysis on a regular basis, it will help us find potential coins for investment. Moreover,
the number of coins circulating is increasing, if we are not careful and do research regularly, then we can choose the wrong projects for investment.
Even the top 10 coins often change, I remember Dogecoin and Litecoin were in the top 10, but now the two coins are not included in the top 10
coins anymore. So to survive in the crypto world we have to invest in coins that we know, so we can make decisions when to buy, hold and sell it.
That is the importance of conducting research and analysis on a regular basis, so that we know developments in the crypto world, so we will not
choose the wrong projects for investment.

indeed it is very difficult to find a new project with great potential.
in altcoins we have to be more careful. but so far I've been following projects that are really good at creating hype. so that we can get the maximum benefit. on the condition that we must know when to enter and when to leave.

but many old coin projects still have very good upside potential. as an example of a coin that has the potential to increase in the future in shitcoin or in memecoin is Dogecoin. I see Dogecoin as one of the coins that has good potential. especially if we enter when the price is really in the area of ​​the strongest support. and now doge always survive in the current support. so I feel from the current support it is still quite safe to enter. incremental purchases can do. by placing a buy in each support area. so we won't lose the moment. when there is a decline. and when there is an increase we can sell gradually.
This is not investment advice I'm just telling you what I usually do. so still have to DYOR.

 you should care about some basic things of the project which you are willing to invest. A  research must be done before invest in. that research must be included some details like  Project team and team members  and their experience in crypto industry , Tokenomics of project and vesting shedule of project , what is their main purpose of introducing such a project , fund rising model and who are the main investors and also must be checked ideas of their community members. good luck

You know, Dreem at least has an easy-to-understand practical benefit. Like, there really is no better way to communicate with people from all over the world than in your own custom virtual space.