How you choose projects for investment

[ahmia39]

Everyone got tired of inefficiency of the traditional financial system. Fortunately, the new opportunities provided by Blockchain have made it possible for BlockX to create a new, more secure and faster financial system, so hurry up to buy BCX on the launch

The new financial system has been on the Blockchain for a long time and has also been implemented in several successful projects, so not only BCX has offered this at a time like now, but in the past there have also been many and the most important thing is the arrangement and application also, because it is different from the traditional.

[1715022498]

1715022498

[tulsathrowaway777]

Crypto market is like a minefield. If you only knew how many times I failed, before I found Sin City. It’s like a gem in a mound of dirt

[ahmia39]

Crypto market is like a minefield. If you only knew how many times I failed, before I found Sin City. It’s like a gem in a mound of dirt

And you will fail again because it is not a real gem because a gem will always be sought by many people without you having to say it here because the name of the gem is a very valuable thing even though it is not seen

[ahmia39]

I’ve always tried to avoid investing in play-2-earn projects because basically all their promises dash when you read their whitepaper, but, you know, each rule has exceptions. RaceFi gives everyone a full understanding how it works, where the money comes from and how you can get it. It won’t have any trouble rising in such a pile of shit projects

RaceFI is also almost the same as the others and every writing on the whitepaper can also be removed and the promises in the whitepaper can also be disobeyed by the team so I consider it almost the same as the others for new projects.

[Pejoh Asu]

I think the easiest way to invest in new projects is those that are already listed on exchanges or (IEO or IDO), so that if the development of the project is not good then I can sell it immediately, past experience made me lose money because of investing but many are not listed on exchanges.

[robert.kowalski1510]

I usually use social trends. I found this site where you can see a lot of statistics about social media related to crypto

http://www.coindatatrend.com

[ahmia39]

To choose a worthy project, you need to carefully study each one. There are a lot of interesting projects now and it is really difficult to choose. My latest favorite is Rainmaker.  It is a platform that unites all P2E games.

Apart from the Game platform, is there no other project that you like at the moment? because there are so many projects in the crypto space and the good ones are not only about games, but there are also others.

[ahmia39]

It seems to me that now with the choice of the project everything has become more or less clear. If you don’t understand technology, then a very good factor in choosing a project is the quality and quantity of funds that have invested in the project. In fact, large funds are already giving the initial capital and start-up for the project, which allows you to be more or less confident in your choice.

The problem is that the financier is getting more and more difficult now because investors are smart enough to see new projects and also won't want to give their funds to random projects, so this is actually what should be seen and known from the start on all new projects.

[zaim7413]

What I'm doing right now is following social media like Facebook or discussions on telegram or discord, if the discussion looks convincing and natural then I don't hesitate to invest, of course this doesn't guarantee success but some projects make me earn big profits.

It would be even better if you rely on social media like Twitter because there is a lot of information about cryptocurrencies that can be very helpful for you when it comes to investing, especially now that big influencers are using Twitter more often than Facebook.

[Pujangga]

What I usually do when choosing a project is whether it is available on the exchange or not, if it is available and they provide many contests such as trading contests then I don't hesitate to invest, and this is what I usually do at gate.io, Mexc and so on .

[LUCKMCFLY]

Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?

1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)

This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.

It seems to me that now with the choice of the project everything has become more or less clear. If you don’t understand technology, then a very good factor in choosing a project is the quality and quantity of funds that have invested in the project. In fact, large funds are already giving the initial capital and start-up for the project, which allows you to be more or less confident in your choice.

They are very good statements and should be taken into account to do the pertinent research for when there is a project that is really worth the effort, but due to what they say, sometimes the ideal is that it be fulfilled when these steps are followed, but for the year 2021 these things or advice became obsolete with the NFT games, where many launched their game, even putting their own KYC they still scammed people, I think that the requirements for new projects should go far beyond a KYC or anything else , there must be a very strong regulation for people to fully trust again.

[SweetMochi24]

Everything appears to have become more or less clear now that the project has been chosen. If you don't understand technology, the quality and quantity of funds invested in the project are important factors to consider when selecting a project. In fact, large funds have already provided the initial capital and start-up for the project, allowing you to be more or less confident in your decision. Anyway, You can look for DAO maker, they are pretty slick with their ORN launch! They have created an ROI of 155.76x!

[HyunBin]

Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?

1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)

This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.

Indeed almost all the following criteria in choosing a good project to invest were already point-out, I just want to add some little but important aspect as well such as the clarity of their whitepapers and the roadmaps of the project is realistic and doable.

[bhadz]

What I'm doing right now is following social media like Facebook or discussions on telegram or discord, if the discussion looks convincing and natural then I don't hesitate to invest, of course this doesn't guarantee success but some projects make me earn big profits.

But don't get baited with some of them. They might have an interesting followers count on social media and telegram or discord. But look at the engagement with their pages. If it's few, you decide.
While in discord and telegram, conversations there can be done by their workers that have been paid to keep with the on going discussion just to remain its activeness.

[bhadz]

What I'm doing right now is following social media like Facebook or discussions on telegram or discord, if the discussion looks convincing and natural then I don't hesitate to invest, of course this doesn't guarantee success but some projects make me earn big profits.

But don't get baited with some of them. They might have an interesting followers count on social media and telegram or discord. But look at the engagement with their pages. If it's few, you decide.
While in discord and telegram, conversations there can be done by their workers that have been paid to keep with the on going discussion just to remain its activeness.

that's why we need to really pay attention to who the people in the group are. The thing I pay most attention to in a project, the most crowded groups of a project are Telegram and Discord. if the two groups have a lot of people, but don't have much interaction regarding the project at hand, I think, that's suspect. In addition, development that is delayed and not in accordance with the concept also has a low level of trust. Well, we all have things to consider when choosing an investment.

It is sure a suspect when they've got good numbers of members for that group yet only a few discusses and not everyone is interacting. For the sake of others that don't know.
There are the telegram services that's adding members and people to their channel with a fee. But as you have said, it's useless, they're giving showing good amount of members but they're non-active.

[coinsycrip09]

But don't get baited with some of them. They might have an interesting followers count on social media and telegram or discord. But look at the engagement with their pages. If it's few, you decide.
While in discord and telegram, conversations there can be done by their workers that have been paid to keep with the on going discussion just to remain its activeness.

yup! it could happen.
don't believe anything we see, as you said maybe someone has been paid to have an active conversation.

choosing a good project is difficult, sometimes in a campaign it looks very good but ends up being a scam or vice versa it looks unattractive but the results are very good. it takes research and maybe some experience to know a good project for investment.

[bhadz]

But don't get baited with some of them. They might have an interesting followers count on social media and telegram or discord. But look at the engagement with their pages. If it's few, you decide.
While in discord and telegram, conversations there can be done by their workers that have been paid to keep with the on going discussion just to remain its activeness.

yup! it could happen.
don't believe anything we see, as you said maybe someone has been paid to have an active conversation.

choosing a good project is difficult, sometimes in a campaign it looks very good but ends up being a scam or vice versa it looks unattractive but the results are very good. it takes research and maybe some experience to know a good project for investment.

And it really do happen. If you just lurk to the services, there are people and managements that are offering that to help the marketing of a project.
It's part of PR but it's also deceiving especially if the scam projects have been using these services. It's for their personal gain and pity to those that have been falling with their trap.

[deean_3one]

To choose a project for investment the most important thing to do is to find out everything about the development team on the project and examine the community and media.

[Tosun]

For me really important when investing into something new is the team behind it. I usually approach the "Team" aspect from 2 different venues. First of all its really important, that the team is established i.e they have created something tangible before. Second aspect is - is the team doxxed? Meaning, are they publicly showing their face and credentials etc. Now the "doxxed" part isn't that important if a team who wants to stay anon has actually created something working before.

[StLucifer]

Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?

1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)

This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.

For me, if we enter unto a new project for investment, first we should know if the team is real and not fake, and also their white paper should be authentic and not plagiarized, by that we can assure that the project is genuine and real. After that, we now have to go to the factors that the project ia going to be successful in the long run, like having a good and innovative idea, and strong community such that it is build by a strong team. And that project could be a successful in the long run.