How you choose projects for investment

[rosebrand]

Obviously you made a very right choice! For a while now I have been following up this project called Near protocol to see how active and hardworking they are, I was really so amazed. So much about their ecosystem to keep up it, so many partnerships and useful updates, so I invested and my investment is doing very fine, and I would likely say they have one of the best farming rewards so far, have really benefited from most of thier DeFi projects.

[ipanks]

If that is about a new project, I will give up because I can not search for the details and many new projects tempt us to invest in their project. I will prefer to invest in the altcoin that already has a history so I can check how their performance from time to time and check on their website to see the updates from them. If I really want to invest in a new project, maybe I will ask my friend, but I am still not directly investing in it because I am too afraid to get a scam by them.

[cryptoknows]

Yes, your investments are definitely justified, because it is the technological potential and the solution of problems by introducing your multifunctional blockchain that are exactly the point that will bring the project to a high level. especially if you are an early investor, I think you did the right thing and all that remains is to build up your a portfolio with near.

[sulendra12]

2. Strong community (more than 100k on Twitter and a very strong forum)

This one is "questionable". Due to bounty campaigns exist and it could easily bump up the twitter follower numbers a lot. I would not solely choosing the projects based on how much the twitter/facebook followers they have because it's so easy to gain by bot or campaigns.

I would like to add that you have to look at the whitepaper and the website.
1. If the website is poorly made without any link when they "claimed" they are partnering with some organization then you have to just stay away with that. It's already a sign that they don't even bother with the small thing like website when it's very crucial and you can find something on those website.
2. Whitepaper is also important, how the whitepaper is made and if it's plagiarized or doesn't give you the information you want then you can just forget about it and search something else.

[Traderbtcc]

I agree with these four points, but I think the benefits of a project must really be felt by the token holder or the user of the ecosystem, the roadmap must be clear and keep the promises made in the roadmap.

The problem now is to fulfill the promises that have been written in the roadmap, because not all projects can run smoothly according to the roadmap if they do not have cooperation partners and also the interest of investors to join them.

This is absolutely truly, I see alot of projects who promise that certain things will be added to their project and in the end they fail to add the features before the deadline they gave themselves, I think the easiest way to drive investors away from a project is failed promises, nothing hurts investors as much as that, Ethereum team has failed to bring eth 2.0 this year and we're still suffering high gas fees, only a few projects keep to their promises like Near Protocol team who has been delivering on their promise,phase 0 sharding is about to go live on Near Protocol and judging by how it was announced I believe the team will definitely at the exact date they promised.

[john_nautica]

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)

1. They can easily set up names and linkedin accounts in other words they can easily fool us
2. Strong community doesn't mean they are real some hired a services to boost their community
3. Having own blockchain can easily be developed with right developers and team
4. This is the one we should look at, how they solve things and how things work in most detailed information.

I didn't say that the others won't have any effect but the number 4 is the most important one you should checking first before the others.

[Dewi Aries]

At first, number 3 is one of my reason. But this is only personal opinion, i think coin that have their own blockchain will have more effort from developer, although it need time to launched, sometimes coin which is really coin and not a tokens is my choice. And my second point to made investment in a big coins, maybe good suggestion to who new to joined in crypto because made investment in new coins is full of speculation and risk is bigger, although there are no investment with no risk, but at least we minimize that risk to ourself.

[Wahyuihib]

The four explanations you have written for me are enough to dare to invest in them. And there are other possible factors to add to our trust, including the number of tokens in circulation and token burning schedule. because the less number of tokens in circulation will affect the existing price

[Bikan]

You have done an excellent job by considering the core four aspects, but you must additionally consider the social media function and the whitepaper. In whatsoever investment, the influence of competitors should not be overlooked. Furthermore, you must consider the coin or token's utility as a critical factor in determining whether or not it is a legitimate investment.

[Anonymous100]

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.

Everyone has different desires when it comes to crypto investing. Speaking of the own blockchain, maybe Binance also has its own Blockchain, its own exchange, and the supply rate is also lower than the NEAR coin. However, the NEAR coin also has great potential for the future, with the current low price opening up opportunities for greater investment.

[carlfebz2]

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.

5. Real use case
6. Realistic road map
7. Active developments and giving out updates
8. Better prefer on using up their own blockchain
9. Something a new better idea compared on  the rest.

We do have our own choices or criterias on how to select a certain project for us to invest.So this will really be just random.

[QueenVera]

Do not get deceived as all that does not guarantee success of the company. We have seen several projects with even more impressive teams not succeed and that of unknown teams are doing very well. The good thing about this strategy of yours is that, it will help avoid scamming project but not the best return of investment as that is not how this industry works, the higher the risk the more the reward.

When it comes to investing in altcoins, what I focused on is the utility of the project I want to invest in. I take out the fact of it been traded and trying viewing the project outside of the market and useful it will be, before investing.

[SlimShadyMmp]

I think when it comes to the team it doesnt really matter whether they are ex google or apple for you to rate the project because lets be honest we dont know how they parted ways and became exes So I will just say instead lookup the project its community transparency socials and then try out the project yourself and determine the team dedications to their course

[TelolettOm]

The team is the basic that we must know, moreover if the team has good track records or one of them has it.
If the item is new enough and they are likely fake, just don't choose them because it is too risky.
Additionally, we must also consider the real use case of the token or coin. If the coin or token is too good to be true,  it may be suspicious why it will be very perfect to see. But it will also depend on the fundamentals and also real products that are commonly make sense and logic to happen in the future. They must also have a clear roadmap in order to conform with the project development and its progress.

[TimeTeller]

The team is the basic that we must know, moreover if the team has good track records or one of them has it.
If the item is new enough and they are likely fake, just don't choose them because it is too risky.
Additionally, we must also consider the real use case of the token or coin. If the coin or token is too good to be true,  it may be suspicious why it will be very perfect to see. But it will also depend on the fundamentals and also real products that are commonly make sense and logic to happen in the future. They must also have a clear roadmap in order to conform with the project development and its progress.

Team members is only one facet to look at but we have seen a lot of projects here with solid team and yet, they still ended up bad.
What I have seen here is that if the project has already working use case with many users on board.
Not because they were asked to install the app or service because of some rewards, but actually using it in their daily life.
If there are active users, the platform can sustain its presence in the market. But if only selected few can benefit from it, would be hard to maintain such platform.

[fadil46]

The four explanations you have written for me are enough to dare to invest in them. And there are other possible factors to add to our trust, including the number of tokens in circulation and token burning schedule. because the less number of tokens in circulation will affect the existing price

And if there are more and more enthusiasts to own the token, it will also greatly affect the price,
because if you only rely on burning, it will not be enough to get a very good price in the market.

[lienfaye]

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)

I agree with these factors and its really vital when choosing a project to invest in.

Im also looking with the project's roadmap and whitepaper so I have an idea on whats their development strategy and aim for the project to succeed.

In order to avoid scam projects we really need to do an extensive research because there are projects who look real but the motive is only to scam the investors.

[rezasg]

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.

Before venturing into any investment, you should always conduct an extensive research to lessen the risk of getting scammed or losing your money. Carefully analyze the project's mission and vision. Check out its white paper, roadmap, and affiliations. They must have a dedicated, legit, and transparent team. A positive community that supports the project is very important as well. I have taken into account the above criteria, that's why I feel secured holding some top-performing cryptocurrencies in my portfolio including this undervalued gem called Stakenet XSN.

[Jaered]

These are all valid points you made. But however, having a project with its own Blockchain is not a deal-breaker for me. Why? Because you have some coins with their own blockchains like Vectorium, which is just plain shitcoin with no value while you have tokens like Uniswap on Ethereum blockchain, which has much more values placed on its token.

[coin-investor]

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)

Number 4 is the most important thing the team could be anonymously provided that they are not doing crowdfunding if they are offering or bringing something great to the community that could beat other projects then community and support will follow, there are other projects out there that many investors have overlooked or still haven't discovered, word of mouth will come if they are bringing something great to the community.