How to judge whether newly listed coins are worth investing?

[Robinson66]

Any investment is risky, so how should we distinguish between empty coin and MLM coin?
Aircoin is a white paper written casually by the project team, and the official website packs and collects money.
MLM tokens are mainly used to obtain reward tokens through pulling heads and offline multi-level development, or to obtain tokens by recharging members of different levels and purchasing virtual mining rights of different levels.
How do we know?
1. The attributes of the project itself: public chain currency, Token token
2. Token issuance method: does not rely on the issuance of a specific currency institution, and is generated through a large number of calculations based on a specific algorithm, which is a decentralized issuance method
3. Trading method: Digital currencies can be freely traded on exchanges. There will be multiple exchanges supporting transactions for the same currency, and coins can be deposited and withdrawn freely. At the same time, different people can conduct peer-to-peer transfers and transactions.
4. Implementation method: The token itself is an open source program and is maintained in the Github community. The open source code shows the parameters and methods of its total limit
5. Whether to provide a link to the source code: Generally, decentralized digital currencies will give a link to the source code in a prominent position on the official website. This is to show the operating mechanism of the currency system openly and transparently
6. Does the official website start with https: Generally, the official website and transaction URL of decentralized digital currencies start with https. The purpose of such websites is to protect users' data from being stolen illegally.
Do you have anything to add?

[1714260077]

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1714260077

[defi-Dany]

Don't you consider how big the community behind it? Remember that if the hype was coming from the community that was spreading the word about the project. The potential or big project will always have a very big community behind it. The communicy was also playing a very important role to make the project became a successful project. This already proven by so many major crypto projects.
A new potential coin will always have a solid community behind it

The key is that even if the community has a strong project, few people know it in the initial stage.
How do we judge the value of a project when few people know and participate?
When it develops into a strong community, there is no need to judge, at least it proves that it has been recognized by many people.

[guydin]

Do you have anything to add?

To my mind you have completely forgotten about marketing  campaigns, community, social media. Sometimes it happens that the project is really interesting, but there are only techies in the team, so people are just not aware of this new project. Moreover, the more new incoming people will be after you, the more the token's price will grow. So advertisement and hype is also very important.

[defi-Dany]

Do you have anything to add?

https://blockchair.com/bitcoin
u can  find out a lot of data of the project party on this website.Transaction volume, currency holding address, amount of funds in the mining pool, etc.

[asriloni]

What do you think about this?

1 Alpha/MVP - The new listed coin must have developed at least an alpha or MVP. This can be used as a point to know what kind of product that will be used to give utility and usability for coin.

I see that if some people might use this as the main point to judge whether it's worth investing or not.

[Kiley33]

Any investment is risky, so how should we distinguish between empty coin and MLM coin?
Aircoin is a white paper written casually by the project team, and the official website packs and collects money.
MLM tokens are mainly used to obtain reward tokens through pulling heads and offline multi-level development, or to obtain tokens by recharging members of different levels and purchasing virtual mining rights of different levels.
How do we know?
1. The attributes of the project itself: public chain currency, Token token
2. Token issuance method: does not rely on the issuance of a specific currency institution, and is generated through a large number of calculations based on a specific algorithm, which is a decentralized issuance method
3. Trading method: Digital currencies can be freely traded on exchanges. There will be multiple exchanges supporting transactions for the same currency, and coins can be deposited and withdrawn freely. At the same time, different people can conduct peer-to-peer transfers and transactions.
4. Implementation method: The token itself is an open source program and is maintained in the Github community. The open source code shows the parameters and methods of its total limit
5. Whether to provide a link to the source code: Generally, decentralized digital currencies will give a link to the source code in a prominent position on the official website. This is to show the operating mechanism of the currency system openly and transparently
6. Does the official website start with https: Generally, the official website and transaction URL of decentralized digital currencies start with https. The purpose of such websites is to protect users' data from being stolen illegally.
Do you have anything to add?

In fact, the essence of investment currency is to invest in a project, so to judge whether a currency is valuable, what we need to do is to analyze and judge the project behind it, generally by looking at the project itself (white paper), project team and other auxiliary judgment methods.
Regarding the white paper, you can see if there are any similar project white papers, and roughly look at the content distribution of the white paper.
When reading the white paper, it is recommended to check the following points:
1. What is the purpose of this project? What problems or needs need to be solved?
2. To solve this problem, whether it is necessary to apply blockchain, that is, the necessity of applying blockchain. Compared with some traditional solutions, does the application of blockchain technology have outstanding advantages?
3. Whether the project itself is innovative
4. Are there any policy or regulatory risks? This problem not only occurs in countries that ban cryptocurrencies, but also in the world. This problem is also a potential risk faced by every project.

[JillianTaft]

The absence of fierce competition does not mean that the project is not good. It may be that the prospect of this project is not optimistic by most people, so too few players have entered.
Most white papers plan the team's work and list time points. We can see whether the team's work results are consistent with the plan.

[Frengki_cisco]

I never paid attention to any of that-what i do to the invested-coins-based on the rank occupied in-marketcap.

What I do-of course it produces maximum results-in crypto investments I don't use analysis-graphics-and so on-what I do is = buy when the market is burning and sell again when the market is fertile, it works, the time needed is quite 1-2 years-in the future.

[Liamttw]

It can be judged by its white paper, from the white paper to understand the role, use, total amount and long-term planning of the currency.
Through the progress of the project, the team's ability can be seen, and the relevant market can see the future potential of the project, market prospects and competitiveness in the market.

[Tina H]

Look at the resumes of the core members, whether there is any fraud, whether the founders have successful experience, whether they have invested in the blockchain or have projects, but word-of-mouth alone is not enough. After all, there have been cases where big bosses supported but left after they withdrew from the pool.

[isaac_clarke22]

~

Depends on type of "community".
There are community that are just for pure "pump and dump" stuffs, like you'll hear one of the groups saying "oh let's buy a lot so we can screw over these people trying to earn from it".
While in Bitcoin, the reason of why I invested, is because the community is chill. \

[hugeblack]

All the requirements you mentioned are basic and you will find that many alternative currencies will meet them and increase, but is it worth the investment? So if anyone follows these requirements, they will end up losing money.
Or to ask more precisely, do we need all these new listing coins? Or need to create more? The answer is absolutely no.
If that currency does not have a unique feature, there is no need to invest in it, regardless of the size and capacity of the market for that currency.

[RussianEnglishTranslation]

Just invest in mineable cryptos with no dev wallet or premine. That way you can't be dumped on, exit scammed or rugpulled. Cryptos like BSOV, 0xMR, and Raven

[EvieLannister]

Promise to only rise and not fall

Team leader is good

The code is not public

The project team is unreliable or obscure

The name of the coin is tacky

The coin-listing platform is very small, it is difficult to withdraw coins, and the transaction volume is extremely low
These may be deceptive. Do not believe.

[WalkerIVIV]

Just invest in mineable cryptos with no dev wallet or premine. That way you can't be dumped on, exit scammed or rugpulled. Cryptos like BSOV, 0xMR, and Raven

Are you sure? The liquidity of those tokens were so small. Raven is the only worth to invest coin from your list but it already dumped again to the bottom.
Whatever it's mineable or non mineable crypto and these coins will always become pump and dump coin. We can't deny the fact just because it's mineable crypto.
IMO as long as people were choosing the reputable coins and they can't be rugpulled

[TheUltraElite]

Any investment is risky, so how should we distinguish between empty coin and MLM coin?

An MLM is a scam, however you put it. Whether they run a token to sell in exchange of investors money or not. It is a scam. Period. SO if you ever identify an MLM, you should immediately pull out and advice your friends to do the same too.

No idea what you mean by empty coin, but assuming you are trying to mean "vaporware", again the same, it is also a scam.

Aircoin is a white paper written casually by the project team, and the official website packs and collects money.

Altcoin, I presume? And whitepapers are NOT casually written. They are supposed to be written professionally. If not, then that is a red flag.

MLM tokens are mainly used to obtain reward tokens through pulling heads and offline multi-level development, or to obtain tokens by recharging members of different levels and purchasing virtual mining rights of different levels.

That is how the pyramid scheme runs and that is why they scam the new investors money to pay older investors and keep running it till they run out money to pay and then suddenly shut down.

Do you have anything to add?

The people running the project are to be publicly known and identified. If not, then it points to a shady operation. Remember that Satoshi remain anonymous but did not sell you some shitcoin or ask you to buy bitcoin, so a team remaining anon and Satoshi remaining anon are not same.

Speaking about projects that start like this, please note that 99% of the projects are failures from the start. So dont expect to use all your points to be able to pin point a needle in the haystack. It will not work but good luck trying to find that needle. Been watching the market since the inception of ICOs and I know things like this. But you will learn your lesson one day too.

[RussianEnglishTranslation]

I only invest in projects that are fairly mineable, have no premine and did no ICO, like 0xMR and RVN. That way the founders or VC can't dump on you or exit scam.

[CaptainDeFi]

Any investment is risky, so how should we distinguish between empty coin and MLM coin?
Aircoin is a white paper written casually by the project team, and the official website packs and collects money.
MLM tokens are mainly used to obtain reward tokens through pulling heads and offline multi-level development, or to obtain tokens by recharging members of different levels and purchasing virtual mining rights of different levels.
How do we know?
1. The attributes of the project itself: public chain currency, Token token
2. Token issuance method: does not rely on the issuance of a specific currency institution, and is generated through a large number of calculations based on a specific algorithm, which is a decentralized issuance method
3. Trading method: Digital currencies can be freely traded on exchanges. There will be multiple exchanges supporting transactions for the same currency, and coins can be deposited and withdrawn freely. At the same time, different people can conduct peer-to-peer transfers and transactions.
4. Implementation method: The token itself is an open source program and is maintained in the Github community. The open source code shows the parameters and methods of its total limit
5. Whether to provide a link to the source code: Generally, decentralized digital currencies will give a link to the source code in a prominent position on the official website. This is to show the operating mechanism of the currency system openly and transparently
6. Does the official website start with https: Generally, the official website and transaction URL of decentralized digital currencies start with https. The purpose of such websites is to protect users' data from being stolen illegally.
Do you have anything to add?

Investing in NFT is a pleasure. I have already tested how NFT works. Have you heard of Deedy Digital? Will specialize in NFT

[noorman0]

Security standards are different from worthiness standards. Everything you describe is a method of choosing a token that is at least safe from fraud, manipulation, rugpull, and the like. If you are looking for worthiness, you have to look at its potential. That is, when you decide to invest, you agree and support the project's vision and mission and will hold the token for whatever time it is until the project's goals are achieved.

[Vaculin]

Honestly, you can't simply judge the project if thas it is worth investing in or another nonsense project.
I give a conclusion to a particular project base on its market performance and its role. Though we usually think that once it was listed on reputable exchanges like Binance will have a better future. Well, it can be but we never know how this project become sustainable?

Judging wasn't made so fast but it takes time to do it. Like also we need to check LIQUIDITY, TRADING VOLUME, and DEVELOPER'S participation. These things are much needed if we are going to evaluate coins and this will give us some hints of what could possibly be their future.