Bitstar_coin
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August 15, 2021, 08:54:56 AM |
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Doing all this things pointed out by the op is relevant but it is not a guarantee to choosing a high quality project, what I can say is luck plays a very important role as well, sometimes it is not just about what was written in whitepaper or the partnership with other organisations that determines, but determination and commitment are also important, there that didnt appear to be high quality in the beginning will later manage to surprise everyone.
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lixer
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August 15, 2021, 09:53:41 AM |
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The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
The team is always at the forefront of getting to know how good a project that you are investing your money in really is. Yes, the team goes a long way in letting you know a lot of things. After you have gone through the team and getting to know about them, you must have seen some points or reasons that are going to let you continue or leave it. Imagine that one of the team members of a project is among Apple’s top engineers, or have worked with one of the biggest platform we have here, you are sure going to want to invest in it.
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sana54210
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August 15, 2021, 08:05:47 PM |
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The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels.
The team is always at the forefront of getting to know how good a project that you are investing your money in really is. Yes, the team goes a long way in letting you know a lot of things. After you have gone through the team and getting to know about them, you must have seen some points or reasons that are going to let you continue or leave it. Imagine that one of the team members of a project is among Apple’s top engineers, or have worked with one of the biggest platform we have here, you are sure going to want to invest in it. I think team could be like a second or even third thing when I am looking into a project. First of all whitepaper is the most important thing, even before the whole whitepaper (which is a lot shorter these days) to know the numbers is actually quite good, like thing about the total supply, the current mined, how many holders, and many other things about it is definitely the first thing I look at, look at shiba for example, would never buy something like that just based on the numbers itself. Secondly I look at the code itself, if it is a solid code that is important, road map and the current code could be the second most important thing because I need to know what their future plans are and I need to know they have the talent to actually do it, if they have some bugs on their website even that is bad let alone any problem on their crypto code. So long story short team would be third or even four for me when I look at those things.
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Charot12345
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August 16, 2021, 12:09:23 AM |
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The best advice is always invest the little money you can afford to lose most especially if the project is a new altcoin, good promising looking projects can still turn scam as well, I don't trust influencers because no one hates money they get paid too so invest only what you can afford to lose
Identifying high quality projects are really difficult, Whitepaper, followers and etc. can be untrue and misleading. So what you stated is the only possible way to be safe. Afford what you can lose. And always think rational and don't invest depending on what the influencers are saying.
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Darker45
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August 16, 2021, 03:21:02 AM |
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As I've said in the past about choosing the right project in cryptocurrency, it is like looking for a needle in a haystack. There are tens of thousands of bad projects with only a handful of good ones. So if you are to get into crypto with the least risk, you better go right straight to the number 1 and that's Bitcoin.
And although you may be right in your steps in identifying a high-quality crypto project, how many of us actually scrutinize whitepapers, websites, technical backgrounds of team members, project technical innovations, and so forth?
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MIldic1c
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August 16, 2021, 06:57:36 AM |
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The background of the team is of course important, because private equity has advantages in the primary market and has large profit margins, but also large risks. From the team background and team members can understand the strength of the relevant technology. The participation of some well-known institutions is also very important. Good seed projects will naturally attract their participation through private equity. Of course, what I'm talking about are just some identification methods, not absolute.
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Aliceooo78
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August 16, 2021, 07:04:24 AM |
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there are many of them that we thought to be a high-quality project, most of them failed. the one that you could consider is ETH. there are still doubters of the platform up to this day despite its achievement. the one thing that is good to do for the projects today is just buying them up when there is a bullrun and then dump it all when the bear returns.
There are too many scams. If I have to find a way, my choice may be to look at the rankings, choose the top 10 or follow the gray investment direction and make a fixed investment.
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TimeTeller
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August 16, 2021, 10:01:20 AM |
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As I've said in the past about choosing the right project in cryptocurrency, it is like looking for a needle in a haystack. There are tens of thousands of bad projects with only a handful of good ones. So if you are to get into crypto with the least risk, you better go right straight to the number 1 and that's Bitcoin.
And although you may be right in your steps in identifying a high-quality crypto project, how many of us actually scrutinize whitepapers, websites, technical backgrounds of team members, project technical innovations, and so forth?
The problem with scrutinizing papers or other documents, is that you can't really tell if they will indeed implement their objectives. How many projects have we seen to have a very well-written and comprehensive whitepaper but ended up a failure? Team members with very good educational and industry background, and yet, they ended up abandoning the platform. In my opinion, one way to identify quality projects is if the platform is successful in attracting active users. Not only at the beginning of the launch (because some are being obliged to register if part of the campaign or there is airdrop), but also after years of its existence in the market. That means, we can't identify a high-quality project at the beginning just by the docs they presented, but should be years of their operations in the market.
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fiulpro
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August 16, 2021, 05:49:59 PM |
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How to identify high-quality projects in the primary market? 1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels. 2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle. 3. The technological innovation of the project, or a simple analogy of similar application projects.
The approach needs to be different with different projects, at the end of the day we have to understand the fact that people can manipulate the market, they can manipulate the way they present it to other people. At the end of the day these cryptos projects are high risk investments and they can actually end up abandoning your all hopes and dreams of becoming rich. I do think that choosing the right project is honestly a tough decision to make since you have to be very alert with every news or any steps that you might take, getting involved means sharing your personal information and your money ofc. You should rather see how the projects are working on bitcointalk forum and then you might have much better options here.
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imstillthebest
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August 17, 2021, 08:49:35 AM |
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there are many of them that we thought to be a high-quality project, most of them failed. the one that you could consider is ETH. there are still doubters of the platform up to this day despite its achievement.
if they have failed then they arent really a high quality project but theres something wrong on how we analyzed and on how we grade a project . for the eth indeed there are people that have doubts with this coin but to some the age and the achievements of eth can be enough for them to trust the coin . the one thing that is good to do for the projects today is just buying them up when there is a bullrun and then dump it all when the bear returns. there are so many projects popping today but we need to choose the one that we think is worth it and i think investing when theres a bear is better than to invest at the bull .
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Semar Mesem
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August 17, 2021, 10:36:05 AM |
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The best advice is always invest the little money you can afford to lose most especially if the project is a new altcoin, good promising looking projects can still turn scam as well, I don't trust influencers because no one hates money they get paid too so invest only what you can afford to lose
Identifying high quality projects are really difficult, Whitepaper, followers and etc. can be untrue and misleading. So what you stated is the only possible way to be safe. Afford what you can lose. And always think rational and don't invest depending on what the influencers are saying. All this time I thought that social media with many members was a high quality project, but in fact I've been tricked several times by scam projects with more than 100k twitter followers and 75k group telegrams, of course it's very difficult and I will continue to follow the discussion here .
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Leviathan.007
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August 17, 2021, 11:38:32 AM |
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If you ask me I would say there is no way to know if the project is really high-quality or not. They will release shiny and very nice whitepapers and on the project's road map, they usually give promises to provide the best services and good projects. But, time after time, you will understand they can not do what they said to do. So, whitepaper and roadmap can not be a good reason. In my own idea, the team behind the project is the most important thing. If you really know who they are and trust them and their experience, you can consider them providing a good and high-quality project.
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Taskford
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August 17, 2021, 02:27:08 PM |
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So hard to determine if the project is good or not since every project is capable to turn scam even if they look so good and their devs team are showing their faces. Maybe we may now to lessen the risk but some how this is less effective and that is by reading their whitepaper and see their roadmal since from that we can get a litfle idea about them and how things will go in future.
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crwth
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https://linktr.ee/crwthopia
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August 17, 2021, 04:28:08 PM |
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Mostly, it's because of the actual application on it and why would some funding sites invest and market it. I think the most probable factor that it's going to boom is its partners and backing with partnerships that promote their project. That's how I would know that it's a great project. I think the new projects right now have to stake, and they are aiming to have it locked and vested at a later date.
With this, I think it's better to determine scam projects instead of identifying high-quality ones. It just comes second IMO.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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August 17, 2021, 06:04:49 PM |
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There are so many things that you have to check, so many things, like the team the community the roadmap the whitepaper and many other things that you have to check. However none of that really matters because on the very early stages of projects, it usually means that we should probably be investing or not invest knowing that 99% of the time it is going to suck big time.
There are so few coins that actually end up being good and that means that we should not be investing with the hopes of making it big, that happens very rarely and that is why having a high hope means we will be upset because of what happened. This of course is not a guarantee, sometimes (very rarely) something goes up, but even the ones that have everything great could end up not being that great at all in the end, which is why we should not be hoping for it to profit us, just throw the dice and hope for the best.
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lixer
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August 17, 2021, 06:42:56 PM |
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How to identify high-quality projects in the primary market? 1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels. 2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle. 3. The technological innovation of the project, or a simple analogy of similar application projects.
I saw a comment saying that all these things don’t work when you’re looking for a high quality project. Take for example, the comment said that teams can be faked. Sure it’s true that team can be faked in a case like this, but I think it’s very much possible to identify whether a project team is truly the identities that are being used or fake. First of all you have to make sure that the team have a social media account and you have to go through their social media account such LinkedIn, Facebook, and Instagram, and then it’s up to you to know whether the account is fake or not. If the account looks like it was created newly, then it’s a red flag. And if it happens to be a legit account, then you have to check the account and know whether the person has posted anything that’s related to the project, or you can ask them, and if not, then stay away from the project.
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Fortify
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Top Crypto Casino
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August 17, 2021, 06:45:08 PM |
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How to identify high-quality projects in the primary market? 1. The team background of the project,.whether the founding team members have other technical or operational backgrounds related to the blockchain icon project. You can learn about it through official white papers, official websites, communities, and other channels. 2. The investment institution of the project is extremely important. A good project seed will attract the participation of well-known institutions in the circle. 3. The technological innovation of the project, or a simple analogy of similar application projects.
Many investing traits actually parallel with investing in stocks - you've identified some of them. The two most important ones to me are having unique selling points (e.g. functionality that is done in the most efficient way offering something like the cheapest transaction fees around or the fastest authentication that cannot be reversed) and also having a noticeable "moat" compared to other cryptocurrencies out there (this one is much harder to replicate and maybe only Bitcoin has such an advantage because it has such far reaching media exposure that has no equal at present). As always, you need to keep an eye on your investments over time for things that could sink them and possibly cash out in stages if you think it becomes overvalued.
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bosede1
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August 17, 2021, 07:32:09 PM |
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Anybody investing will definitely look into the factors you have raised but with that, some projects may look promising and then become trash in later months. Just do your thorough research well after being directed or introduced to a project.
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Yatsan
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August 17, 2021, 07:43:45 PM |
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Most people checks first the background of the project of course not just the name that is catchy to the eye. First of is the developer team behind the project which will of course give the first impression on what to expect about the project. Next is the project itself on which you must read the whitepaper that includes the road map and the overall plan of the project as well as what it is really all about. A quality project must be unique or at least have an edge on the other existing ones meaning innovative in nature that is not impossible to be achievable or realistic to be attainable.
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ultrloa
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August 17, 2021, 10:02:09 PM |
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Most people checks first the background of the project of course not just the name that is catchy to the eye. First of is the developer team behind the project which will of course give the first impression on what to expect about the project. Next is the project itself on which you must read the whitepaper that includes the road map and the overall plan of the project as well as what it is really all about. A quality project must be unique or at least have an edge on the other existing ones meaning innovative in nature that is not impossible to be achievable or realistic to be attainable.
Now the identity of the person behind the project is so important since if they are transparent and willing to show their identities then this could give trust to the investors and next those what you mention since its si important to know where the project going. And lastly invest only what you can afford to lose as well if you are in profit secure then wait for another opportunity to buy again since since if there's a pump there's a dump that's why I include this and investors should remember our suggestion given.
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| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
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