tarable
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October 22, 2021, 02:31:21 PM |
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Anyway, without mincing words, I congratulate you for a well job done. However, you still need to do more research on the proprietorship/partnership, project Team, Concept they bears, social activity, team active or inactive, as well as consideration for the future bofore diving further. To me personally success is sure
What you're saying is that this is a mechanism for research on each project and I'm sure everyone already knows this and obviously always applies it to the projects they are going to participate in without having to be told by someone else.
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Iminingpro
Copper Member
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October 23, 2021, 01:09:14 PM |
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It must be simple to use different blockchains that more people would use them. It will be very good if all blockchains will be unified and it will be possible to buy and sell tokens from one blockhain to another blockchain. I think that the idea to unify and connect different blockchains is very useful because every day appear a lot of new projects on new blockchains and they must be unified and connected with each other.
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alan228
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October 24, 2021, 05:46:01 PM |
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I agree that unification is necessary for all blockchains. It will be much simple and comfortable to use different blockchains if they will be connected, unified and interconnected between each other. Unification plays an important role. It allows to connect different blockchains. Unifications of blockchains will allow to send information from one blockchain to another.
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finaleshot2016
Legendary
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Activity: 1778
Merit: 1009
Degen in the Space
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October 24, 2021, 06:04:40 PM |
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1. Team (most of the famous developers worked in google and facebook) Well, on this part I really recommend that their identities are true because some projects are just using people who are famous and recently worked on huge companies such as Facebook and Google. 2. Strong community (more than 100k on Twitter and a very strong forum) Sometimes, it's not still recommended to join on a project just because of the social accounts because bots are still possible, better to be safe than trusting a community that doesn't really exist. 3. Own blockchain (develop their own structure with their own EVM and cross-chain) Some projects does rely on other existing blockchain but I really recommend this part since it's their development showing to us, it means there's progress that can be assured as an investor. 4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
Most of the projects doesn't focus on scalability problems since some projects depend on other existing blockchains already and if you're talking about another blockchain project then it will be a hard competition since many blockchains already existed such as BNB, ETH, SOL, and ADA.
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Cling18
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October 24, 2021, 06:27:29 PM |
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I always check the legitimacy of a certain project before investing by simply reading feedbacks and reviews about their team. We must check on their background first because there are lots of fake projects nowadays. It's better to be skeptical rather than regret things in the end. Doing our own research is the wisest thing that we have to do.
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Kezacky
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https://axiomapay.com/
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October 24, 2021, 09:15:38 PM |
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Yes, I personally also agree from the list of points you mentioned especially before choosing a project to invest in. I also look with project roadmaps and whitepapers so I have an idea of what their development strategy is and the goals for the project to be successful. To avoid scam projects we do need to do extensive research because there are projects that look real but the motive is only to deceive investors. We have to be careful and leave immediately if we see anything suspicious about any project you are looking at.
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Sir Legend
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October 24, 2021, 11:31:02 PM |
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Currently, there are many tools that we can use to be able to determine investment choices, I think a simple tool that can be easy to use is an analysis from CoinMarketcap, because all data and facts are in CoinMarketCap so we deserve to be the main reference.
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Xinarae*
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October 25, 2021, 04:35:23 AM |
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Skills are also important in choosing projects for investment. The future entrepreneur should understand at least some of what he plans to give to the public everyone has their own experience we are always faced with the question of making the right decision for ourselves in the face of uncertainty. If we dig deeper into the projects, there is not enough money in the business where we will help to develop deeper. Participate in projects by verifying how active the teams are and the reliability of the manager.
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abralzain17
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October 25, 2021, 08:42:04 AM |
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of some of the reasons you wrote in your description it's good, but the very important thing we must do before investing in a project is to do research first, because from that research we can know about the future of the investment and the usefulness of the project being invested can be known! !. I think that's more important to do.
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camat gampong
Full Member
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$CYBERCASH METAVERSE
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October 25, 2021, 08:59:07 AM |
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of some of the reasons you wrote in your description it's good, but the very important thing we must do before investing in a project is to do research first, because from that research we can know about the future of the investment and the usefulness of the project being invested can be known! !. I think that's more important to do.
This will be important if what you see is a new project, while for old and popular projects, everyone only sees the problems and shortcomings that still exist in them, so there is no need to research them any longer and in depth like other projects new.
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rezasg
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October 25, 2021, 10:21:37 AM |
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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 you are looking for a good altcoin with sound fundamentals and real utility, then look no more. I'd recommend PAYB, the token of Paybswap, an innovative cross-chain DEX using Poklkadot bridge modules. Quite undervalued right now but I am seeing so much growth potential in it.
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mdzahed134
Sr. Member
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Merit: 259
Buzz App - Spin wheel, farm rewards
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October 25, 2021, 04:03:25 PM |
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Yeah, team is vital factor in every project, experienced team will plays big role undoubtedly. Also from the larger community, the more investors will be attracted but i don’t think it’s mandatory to at least 100k followers which you mention. But you have to DYOR before invest in any project and at your own risk.
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matchi2011
Sr. Member
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Buy $BGL before it's too late!
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October 25, 2021, 05:10:12 PM |
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Yeah, team is vital factor in every project, experienced team will plays big role undoubtedly. Also from the larger community, the more investors will be attracted but i don’t think it’s mandatory to at least 100k followers which you mention. But you have to DYOR before invest in any project and at your own risk.
They are the key since the project came from their bright minds, in order for it to be more successful team behind needs to work more harder, that's the part of investors to always find the information who are taking care of the project, from that point, identifying the possible potential will be more easier. It takes time and good research before you will be able to recognize how to know what kind of project is good for your investment.
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abralzain17
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October 26, 2021, 08:01:53 AM |
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of some of the reasons you wrote in your description it's good, but the very important thing we must do before investing in a project is to do research first, because from that research we can know about the future of the investment and the usefulness of the project being invested can be known! !. I think that's more important to do.
This will be important if what you see is a new project, while for old and popular projects, everyone only sees the problems and shortcomings that still exist in them, so there is no need to research them any longer and in depth like other projects new. I think doing research is the most important part for everyone who wants to invest in a new project, however, by doing research on a new crypto that you want to invest in then we will know the shortcomings and weaknesses of the project.
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idohunterr
Newbie
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October 26, 2021, 12:46:14 PM |
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I know that it is very important to do research before investing in any project. I usually investigate the idea and docs, also I overview the team members and check if any ?whales? are going to invest in it. One more important thing is definitely a marketing campaign and social media. You should investigate if there is a big community and there are many people who trust it and want to invest. Finally i found the $FET. They have a serious team and Fetch.ai developing the project by using Aı.
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illiki23
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Merit: 295
Hail Eris!
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October 26, 2021, 01:00:58 PM |
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It is a tough question, as I have seen teams with great whitepapers (revolutionary), lots of devs, and because of this community support and yet still ended up in an exit scam. Though usually this will filter them out so its really the best you can go with. Well also ask if the use case is really necessary, that is whether some system requires a trustless basis - for example where personal privacy is required or on the other hand transparency. Other use cases seem to just be novelty.
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Similificator
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October 26, 2021, 02:18:42 PM |
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Good choice since it is a good altcoin. Anither good thing is that you researched about it before you invested which is what most newbies forget to do or just choose to disregard. But as for me, I think that even if you are fond of researching about such coins, it would be better to keep the majority of your funds into the top 20 coins and just a little fraction on coins below the top 20. But hey, that's just me, not giving financial advices but instead, just sharing what worked well for me.
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Ngewex Yuk
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October 26, 2021, 02:32:54 PM |
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The topics such as always interesting to follow, various ways I do to find out a good project or a scam, of course, must combine all the ways so that we can get a valid and promising project, this is an assessment of the ICO rating site, whitepaper, chat on telegram, updates on social media and so on.
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TIME TO SLEEP
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19Nov16
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October 26, 2021, 03:23:28 PM |
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The first time i invested in a project was 2016, when it was easy to choose a project because there are not many scam projects like now, the easiest thing i do to see a good project is to look at the team and then investigate with many sources about the project.
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CDC AP
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October 26, 2021, 04:05:42 PM |
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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.
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