maybe the factor that can make me believe with some of the existing projects is that I can read and see it from the whitepaper and after that look for certainty about the team behind the project in order to know that the person is genuine and not fake.
I am confident in the professional and well-known team in the cryptocurrency market. I believe that a good team of leaders will give the project a chance to thrive in the future because they have a lot of experience in the market.
Team is actually the first factor that any investor will definitely want to consider first. Humans are handling your money and not bots, and as long as that is applicable, you always want to be rest assured you are not putting it into the wrong hands or just some bunch of people that are looking to get rich off some people all in the name of trying to pitch some sort of cloned investment. As long as you have confidence with the team and you are able to verify them, it is always the best way to go.
Honestly, I really would not think anyone should ever go so deep on a project without at least trying to confirm the legitimacy of the team first.
I feel so many people discard the importance of a team in a project and one thing they do not understand is that a team with no achievement, nothing to show that they have what it takes will not be able to do anything in the long run except if there is a product to at least show that they have been working and at least the prototype looks good.
If there is no team and there is no product, then there is no need going further in checking other details as there are always other better projects to devote your time to. Everyone will agree that finding a good project now a days has become almost an impossible task to risk for hard earned money and this is the simple reason why many people just opt for cold storage rather than struggling with scammers.
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