Elon Payduh (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
|
April 07, 2019, 08:56:39 PM |
|
As the title says.
I have been interested in cryptocurrency for a long time, but only invested in a few coins like Dogecoin, Bitcoin and Litecoin.
But what do you look for when you search for new projects to invest in? Algorithms? Products/Services? Utilities?
Tell me what you do, I really want to see how others pick projects to support and invest in.
|
|
|
|
mrdeposit
|
|
April 08, 2019, 11:23:22 AM |
|
If you are talking about newly created projects, the current situation is appropriate just for IEOs. Most ICOs will cause you to lose money in the current case. There are also good ones among ICOs, but it will be difficult to find.
|
|
|
|
Elon Payduh (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
|
April 08, 2019, 11:54:52 AM |
|
If you are talking about newly created projects, the current situation is appropriate just for IEOs. Most ICOs will cause you to lose money in the current case. There are also good ones among ICOs, but it will be difficult to find.
I was thinking of more normal non ICO projects.
|
|
|
|
Cnut237
Legendary
Offline
Activity: 1904
Merit: 1277
|
|
April 08, 2019, 12:05:04 PM |
|
As the title says.
I have been interested in cryptocurrency for a long time, but only invested in a few coins like Dogecoin, Bitcoin and Litecoin.
But what do you look for when you search for new projects to invest in? Algorithms? Products/Services? Utilities?
Tell me what you do, I really want to see how others pick projects to support and invest in.
I try to cover a variety of use cases. Other than that I look at roadmap, team, any potential competitors, and I also look all over the website. These help in assessing the level of professionalism of the project, and how likely they are to achieve what they set out to achieve. Price history can also be useful as an indicator of when to time your buy-in.
|
|
|
|
watergold
|
|
April 08, 2019, 12:39:18 PM |
|
Honestly, for now, I'm more interested in projects with the concept of exchange, whether it's decentralization or centralization. Besides that, I also see what the coin ecosystem is. the concern now is the launch of several exchanges
|
|
|
|
Adriano2010
|
|
April 08, 2019, 06:12:50 PM |
|
From some time i not invest anymore on new projects, i see a projects some month ago and they gather funds to get listed on exchange, but after some time they send 1 bitcoin to one dev from team, and that guy run away with 1BTC and coins not get more listed on that exchange, just a scam project. And also people not more invest on ICO because ICO don't bring any profit over past time.
But if i will invest, i look at team, i will search what they want to do, i check if is real team or fake names and photos,.
|
|
|
|
prtty2gal2
|
|
April 09, 2019, 11:10:30 AM |
|
If you are talking about newly created projects, the current situation is appropriate just for IEOs. Most ICOs will cause you to lose money in the current case. There are also good ones among ICOs, but it will be difficult to find.
Yes we still have few ICOs that are genuine, I personally don’t know what those genuine ones are still doing in ICO when they would have just approached any IEO exchange to list them, although I know that IEO has its own cost attached to it which is not quite too much, what thy would have done is to use the money that has been raised through ICO to migrate to IEO so they can reach their investment target within few days. IEO of exchanges are very fast tool for developers in raising fund, but the setback it might face soon is dumping of prices too.
|
|
|
|
Red-Apple
|
|
April 09, 2019, 12:16:42 PM |
|
first you need to decide why you are investing. if it is because you believe in the project (as in the technology of it) then this question is very different. you can invest in coins that will never give you any profit because you like their technology.
but if your reason is profit then none of the things you said (Algorithms, utility,...) matters anymore if you are a trader and they matter the most if you are an investor. as a trader you should only care about pump and dumps and since all the altcoins can get pumped, they are all good. but as an investor you want the coin to have a future so a lot of things become important most of all the utilities of the coin, its usability, the supply, adoption, ... with that said your options are limited to only one coin and that is bitcoin.
|
--signature space for rent; sent PM--
|
|
|
lablab03
|
|
April 09, 2019, 01:59:14 PM |
|
Before making investment on ICO's of course the most important is the genuine team behind and very professional when it comes running a project especially if it's new wherein always make sure first who are involved behind on it and obtain specific information always to avoid fake project . so that also no more worries after putting a investment on it.
|
|
|
|
peter0425
Sr. Member
Offline
Activity: 2842
Merit: 458
DGbet.fun - Crypto Sportsbook
|
|
April 09, 2019, 02:04:54 PM |
|
They should at least have a real life usage, otherwise if will be just the rest of altcoins, being used for pump-and-dump scheme and the more you have money and deep pockets the more chances of you making lots of money.
|
INVALID BBCODE: close of unopened tag in table (1)
|
|
|
FanEagle
Legendary
Offline
Activity: 3052
Merit: 1129
|
|
April 09, 2019, 02:44:15 PM |
|
I don’t invest in new project, but already existing ones, I look at their past performance if they have any, I look at how strong their community is and reviews they have gotten from many investors, I look at their project team and study them thoroughly to see if they can deliver or not provided the ICO I am checking is to that of scam that will put up fake profile in their whitepaper and finally, I see if they have working product because this is very paramount to me in every project, most if the coins I have invested in all have working products.
|
|
|
|
moynul2050
|
|
April 09, 2019, 03:01:12 PM |
|
determining where and on what projects we will invest is not an easy thing to do. I never verboh in determining it, many things I usually look for from the advantages of the project.
the most important is the type of product they offer and the most important thing is DEV and TEAM which have been able to handle several successful ICO projects before.
|
|
|
|
disconnectme
|
|
April 09, 2019, 06:00:46 PM |
|
As the title says.
I have been interested in cryptocurrency for a long time, but only invested in a few coins like Dogecoin, Bitcoin and Litecoin.
But what do you look for when you search for new projects to invest in? Algorithms? Products/Services? Utilities?
Tell me what you do, I really want to see how others pick projects to support and invest in.
I have a feeling you want to launch an ICO and looking to access what people feel about your offerings, my advice is do not offer anything that is not better than what we already have int he space, we have so many copy-cat projects in the space and no one is using them and no or little community size which is important if a project is to survive and make it
|
|
|
|
qazgroup
Member
Offline
Activity: 1022
Merit: 20
RiveMont
|
|
April 09, 2019, 06:09:04 PM |
|
The first thing i personally see and judge is that how practical is the project and how much can my investment grow if i invest at the start and what should be my exit targets some other things that i try to analyse include experience of team members, authenticity of project and community or supporters for the project.
|
|
|
|
vintages
|
|
April 09, 2019, 07:10:59 PM |
|
I was thinking of more normal non ICO projects.
From my understanding of what you mean by ' normal non ICO projects,' I guess what you mean is an altcoins which ICO is already conducted and the coin listed. If that is the case, then you should chose from the top listed coins in coinmarketcap. Aside just choosing, you should be aiming for project which has a working project or services. Though utility could be an additional plus.
|
|
|
|
TimeTeller
|
|
April 09, 2019, 10:21:56 PM |
|
As the title says.
I have been interested in cryptocurrency for a long time, but only invested in a few coins like Dogecoin, Bitcoin and Litecoin.
But what do you look for when you search for new projects to invest in? Algorithms? Products/Services? Utilities?
Tell me what you do, I really want to see how others pick projects to support and invest in.
I have a feeling you want to launch an ICO and looking to access what people feel about your offerings, my advice is do not offer anything that is not better than what we already have int he space, we have so many copy-cat projects in the space and no one is using them and no or little community size which is important if a project is to survive and make it But to answer his question, I would prefer a project that has working product or app already. Not an alpha or beta, but working product with active users, have been tested and proven by clients. With this in place, you would know that the project is not for short-term goals in this crypto space. Many are raising funds just to initiate their project, but with the failure to raise such funds, comes with the abandonment of the project.
|
|
|
|
8rch7
|
|
April 09, 2019, 11:04:50 PM |
|
if you don't mind, try to find out about the tele miracle project. I think this project has good potential in the future. with the concept of telecommunications (which is a very important requirement at this time), plus the existence of passive income programs for token owners, I think this will be an interesting project.
|
|
|
|
pamsugas
|
|
April 09, 2019, 11:15:35 PM |
|
new projects are more monstrous to invest than old coins. there are some projects I see their products and communities are good only when entering the market the price is destroyed. so I suggest investing an old coin.
|
|
|
|
Erickan
Member
Offline
Activity: 266
Merit: 18
|
|
April 10, 2019, 03:17:46 AM |
|
I am a medium-term investor, I do not care much about what you say when choosing a new project, I only focus on the financial potential and plan marketing of the executive team. You know? There are many good projects but still not successful because they don't have enough funding to operate. Also talking about long-term investment and trust in the future, I only choose Bitcoin and Ethereum. Also I don't see any projects for me to trust.
|
|
|
|
kyl.x-is
Copper Member
Newbie
Offline
Activity: 24
Merit: 0
|
|
April 10, 2019, 04:08:06 AM |
|
As the title says.
I have been interested in cryptocurrency for a long time, but only invested in a few coins like Dogecoin, Bitcoin and Litecoin.
But what do you look for when you search for new projects to invest in? Algorithms? Products/Services? Utilities?
Tell me what you do, I really want to see how others pick projects to support and invest in.
First, I look at how feasible the idea or project is. I understand how what most new project managers or owners do is to talk and talk in a bid to be convincing, without workable figures and real facts, so I look up the team for two to three real players who do or are into what they are introducing and how workable what they are offering.
|
|
|
|
|