How you choose projects for investment

[tygeade]

Yes, the team is a very important thing to consider whenever you want to select a project or coin to invest in. The team is like the foundation of whatever that is being done, and if the team is not good then the project is unlikely to succeed.

Though it’s not a must that is going to be a very popular team like you have just said, but as long as you're able to prove that they are legit and you are able to see their past work or portfolio that proves how good that they can be and  you have seen their social media profiles, then I believe they are good enough. Then as for you considering only a project that has over 100,000 followers, you should as well remember that every project has to start from the step one. So you see that there will be a time when they would have up to that much followers, unless you don’t like considering new projects and only prefer game for the old ones or the ones that are already built.

[doomloop]

Since I am a long term investor I would usually go with Bitcoin. Bitcoin is a good choice for me to invest in at this time and I am very sure of it to grow in future and increase in price. I am always not so sure about alternative coins except the top coins on the list such as Ethereum , and the rest of them.

But, when I see coins and I feel that they are very good and has a potential to be big in future, then I do consider them and I invest in them. Some coins that are alternative coins which I have considered and invested in areStella, Polygon, and Tron. Then in the past I have gone to invest in NEO and Litecoin as well, Which I happened to sell us some points. I also hold Ethereum right now.

[Wahyuihib]

Yes, the team is a very important thing to consider whenever you want to select a project or coin to invest in. The team is like the foundation of whatever that is being done, and if the team is not good then the project is unlikely to succeed.

Though it’s not a must that is going to be a very popular team like you have just said, but as long as you're able to prove that they are legit and you are able to see their past work or portfolio that proves how good that they can be and  you have seen their social media profiles, then I believe they are good enough. Then as for you considering only a project that has over 100,000 followers, you should as well remember that every project has to start from the step one. So you see that there will be a time when they would have up to that much followers, unless you don’t like considering new projects and only prefer game for the old ones or the ones that are already built.

Yes ..because after all the team is a determining factor for success of a crypto project, apart from the product it owns. and it is through this team that we can find out where this project will take us. because the better team you have, the bigger it will be to get easy trust for investors

[Kusman]

I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.

[tvplus006]

Yes, the team is a very important thing to consider whenever you want to select a project or coin to invest in. The team is like the foundation of whatever that is being done, and if the team is not good then the project is unlikely to succeed.

Though it’s not a must that is going to be a very popular team like you have just said, but as long as you're able to prove that they are legit and you are able to see their past work or portfolio that proves how good that they can be and  you have seen their social media profiles, then I believe they are good enough. Then as for you considering only a project that has over 100,000 followers, you should as well remember that every project has to start from the step one. So you see that there will be a time when they would have up to that much followers, unless you don’t like considering new projects and only prefer game for the old ones or the ones that are already built.

Yes ..because after all the team is a determining factor for success of a crypto project, apart from the product it owns. and it is through this team that we can find out where this project will take us. because the better team you have, the bigger it will be to get easy trust for investors

The team matters only if they are well-known developers and already have achievements in the field of cryptocurrencies. If, for example, you see me as part of the team, then this will not give you additional information when evaluating the project. And it's quite another thing if we see Gavin Hood, who previously worked in the Ethereum team, as part of the Polkadot team, then we can safely invest in such a project.

[ardydyon]

I totally agree with the 4 points you have explained.
Of course, before we invest, we must know in detail who the people behind the project are, whether that person has a good or bad track record,
how strong is their community in promoting to everyone, what projects have they developed and also whether their project has a low cost
and most importantly environmentally friendly.
very important for those of us who want to invest reading their whitepaper. what will they do and
whether their targets in the development of the project have been achieved or not.
Currently, there are many projects that make their roadmap designs well and extraordinary, but they are not achieved and the projects they make fail.
most importantly of all, we must be careful before investing, we must do more in-depth research before investing.
Research, caution, and knowledge are very important before making an investment.

[PhucS]

I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.

That's right, don't invest according to other people's opinions. We need to understand the project, how it will work and what problems it will solve. Besides reading the white paper, I also regularly check the project's roadmap, if everything works according to the roadmap and ensure the right goals, my feeling towards that project will be better.

[rijaljun]

I choose depends on what kind of project and their goal and their solution, I also consider the uniqueness of the project since if you tried to look at some projects, some projects are just copying existing project but in reality they have the same use it's much better to invest to a unique but solid project since with that project you will be able to earn really good profit.

[Wawa2013]

I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.

That's right, don't invest according to other people's opinions. We need to understand the project, how it will work and what problems it will solve. Besides reading the white paper, I also regularly check the project's roadmap, if everything works according to the roadmap and ensure the right goals, my feeling towards that project will be better.

Therefore, never be lazy to do research to find good projects, we really have to know clearly the projects that we will buy. Because it's not good to
invest in something we don't understand, so don't rely on other people's opinions when choosing projects, because the results of other people's
research are not necessarily accurate. It's better if we do our own research, to make sure that the projects we will choose are really potential.

[wiss19]

I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.

This is best use case for any investment because you are going to buy something, and you have right to have all information about this first just check about project then secondly check product and team if you have all information and then feel good you can invest because now you are in good place otherwise you have wide open market jump and search for another project because it's your right in all cases.

I think the easiest way to drive investors away from a project is failed promises, only a few projects keep to their promises. Project its community transparency socials and then try out the project yourself.

[FanEagle]

I always choose an active community, the dev teams should always be in their social media platform so whenever there are some questions or queries of their investors they can easily answer them. I am also looking for valid identity of the project team, this is important for you to make sure that the project is legit. You should also look for the long-term plan of the project and that is the most important.

Remember that the numbers could be faked as well so you need to be quite careful when you are doing something like that. I am not saying that it will not work, it could very well work but I am just saying if you look at only the social media numbers and the community reactions etc, then you may end up with fake results tricking you for something that is not as good as you hoped it would be.

I have seen plenty of projects with 100k+ followers on twitter, and 10k+ people on telegram and it wasn't like a ghost town neither, they didn't just bought followers and stopped, there were chats and talking in all of them as well. Then I realized they were sending the same message over and over again from different accounts on different tweets, someone wrote the exact same message on one tweet and another person did it on another tweet. I dig up further and found all those active community looking people were all just fake bots. So, be very careful.

[SarangWallet]

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.

If it's about a new project, I'll give up because I can't find the details and a lot of new projects are tempting us to invest in theirs. I would prefer to invest in altcoins that already have a history so I can check how they are performing over time and check their website for updates from them. If I really wanted to invest in a new project, I might have asked my friends, but I still haven't invested directly because I'm too afraid to be scammed by them.

[geegaw]

I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.

That's right, don't invest according to other people's opinions. We need to understand the project, how it will work and what problems it will solve. Besides reading the white paper, I also regularly check the project's roadmap, if everything works according to the roadmap and ensure the right goals, my feeling towards that project will be better.

Well, the terminology of a project is a complex language and most of them are not written in the local languages, translation can assist but does not guarantee the accuracy of the translated version, if our expertise is not really high in blockchain technology, platform analysis and ecosystems, need to read more than a few times to get basic enlightenment about the project. Some simple videos with local language can help us understand, the roadmap analysis and updated references of these creators are also very valuable, do not refer to the classic roadmaps and white papers, all very outdated.

[fadil46]

If it's about a new project, I'll give up because I can't find the details and a lot of new projects are tempting us to invest in theirs. I would prefer to invest in altcoins that already have a history so I can check how they are performing over time and check their website for updates from them. If I really wanted to invest in a new project, I might have asked my friends, but I still haven't invested directly because I'm too afraid to be scammed by them.

If you are still very afraid to invest in a new project, then avoid every offer from a new project and always do your own research before deciding on a step in terms of making a decision because new projects just don't have the performance and history in the market, while the old ones you can check it directly through the existing exchange, but informationally through the project website, I think all projects also have that.

[SDKmaster]

I would read the whitepaper before investing into a new cryptocurrency to me. Because I wouldn't get any certain information about the project otherwise. I never make investments according to only someone's opinions. This is the biggest thing that can mislead people about their investments. The team behind the project and whether it is solving a real-world problem are the other things that I care about the most.

This is best use case for any investment because you are going to buy something, and you have right to have all information about this first just check about project then secondly check product and team if you have all information and then feel good you can invest because now you are in good place otherwise you have wide open market jump and search for another project because it's your right in all cases.

I think the easiest way to drive investors away from a project is failed promises, only a few projects keep to their promises. Project its community transparency socials and then try out the project yourself.

It is necessary to check everything before investing. That price of the coin would continue to grow the coin must be in demand for a long time and the project must be useful. Now appear a projects that try to unify all blockchain ecosystems. Here you can read how they plan to do this https://pacificdefi.medium.com/pacific-defi-listing-on-pancakeswap-wednesday-september-17th-4pm-utc-8b95f42825fe

[aylabadia05]

The four things are suitable to focus on considering projects to be chosen to invest. Starting from the team involved to solving problems experienced. Of the four points, I am very focused on the team in the project to be chosen to invest.

[Ararbermas]

Make research if the people behind can really help the project to become successful in the future., because that's the most important, wherein just don't base on what you saw or what you read about the project because nowadays it can be done easily or should i say through copy paste.. So be aware and make more research so that you can obtain more information if the project has a potential or not.

[Cadaver20]

I am very focused on the team in the project to be chosen to invest.

OP mentioned very good points here. A good experienced team is essential to make a project successful. But you must look at other things. You can read the whitepaper of the project once it will clear your ideas about the project.

[Oneandpure]

Choose good project depend what kind of this project using for, right now many project have gaming platform and I think very good respond from many investor, but have real product with gaming launching and keep worth to make higher price for the future. I will participating on ICO project gaming later if have good planning and road map.

[indah rezqi]

Choosing a project by considering the Team of the project as the first for me was in accordance with what I did. For me, the team that manages the project is very important to pay attention to because the success or failure of the project really depends on the hard work, honesty and openness of the team in developing the project.

Of course having a good team in the project is very important it is also worth paying attention to the fact that the command code is open. This allows us to understand the project and not just trust the developers who write the code.

Everyone must have a different view in analyzing a project, whether it's me, you and them. But the four points mentioned in this topic for me are very important to consider in choosing a project one of the important points in my opinion is the team involved in the project. A lot of good projects but ended in fraud maybe because of the team.