how to find a promising projects?

[Nancy0@]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

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[Dan123456]

You need to do a lot of research. And decide what points you are looking for in project. For me it is mainly real and known team with experience in real business, useful partnerships (1 useful partnership > 100 logos on website). I am also very keen on passive income as it give a stronger incentive to hold the token - but inflation is one thing to watch out for - so profit share passive income is better than some project giving out 100s or new tokens each day...

My top 3 Altcoins in my portfolio for 2022 right now are:

$UBT & http://Baseledger.net
Baseline Protocol is set to go mainstream in 2022, their mainnet launches this quarter along with staking and Nodes, also new exchange rumours and so on. Consensys and SAP amongst others are involved. A lot of info will drop before end of Jan about launch etc. Founding council members can be seen on Baseledger.Foundation and more will be joining.
NOTE: the staking rewards are a revenue share from network fees - non inflationary and all 150m tokens are in circulation already!

$BLXM http://Bloxmove.com
Reinventing mobility, links to Daimler (think mercedes). Also has an LP mining programme, and single asset staking in Feb. Very strong team backing it and small mcap.

$MOVE http://viaMover.com
Supercharged DeFi Savings 100%+ APY + crypto debit card. Tiny market cap and rumours of big partnership with OlympusDao on the way. Strong pair of founders and a growing team and ecosystem. NFTs, web wallet, mobile wallet and so on. Fiat on and off ramps via IBAN.

DYOR and good luck!

[bhadz]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

The best thing you can do is to do research when you're about to invest into a project. Yourself is going to be your own asset in finding out if a project is legit or not.
Having a research will keep you safe from those possible scam projects. Always check the people behind the project, the devs. It takes time and you need to allocate your time for making your research but it's worth it when you're done with it.

[redwine49]

I just wanna add more.
If you want normal answer, you can get the tips from others.
 
At first your question is hard if you want something that must be come true. Everything has risk to be able to get a reward.
Second if you want low risk, why you can't stay on highcap cryptocurrency just like bitcoin, ethereum, BNB, solana and others? then hold and forget
Third you have to gain your own experience in every detail and learn from your own mistake. it's all just an opinion and suggestions about " HOW ".

In the end no one is wrong until the future makes them wrong

[XUR_TIP]

There is no platforms that will tell you that a project is promising, even coinmarketcap and coingecko only lead people to the right links for coins and tokens and shows full information about every coins and tokens, do your own research and take your risks, you are on your own

[laredo7mm]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

One thing I can say about cryptocurrency is that the sooner you do, the better.  Private investors benefit the most from new projects in cryptocurrency because they can buy tokens at the lowest prices of all.  But every day hundreds of fake projects are coming into the market which runs away with the money of the investors.  So before investing in a new project, it is important to verify it well.  I will mention some of the points which, if verified, can easily distinguish good projects from scam projects. 

1. The most important part of a project is the project team.  The first thing to look for in a new project is who the team members are and their past information such as what they have done, what their success is, whether there are any previous fraud allegations against them.  An experienced team can make a project a success. 

2. Is this project solving any current problem?  And what distinguishes this project from other projects. 

3. A serious project must inform its community through social media for project development or any change.  Check how active they are through social media. 

4. What kind of utility are they offering for their tokens?  And whether the token's utility and circulation supply are up to date. 

A promising project must have these qualities.

[topbitcoin]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

Easiest way maybe, seeing how people react about the project. Usually new project is posted in this forum and usually who already in long time of crypto warn others if the project look suspicious. About promising, almost all project looks promising because they can write anything without limit and hide behind disclaimer.

[BitKongy]

Do research mate, look into projects utilities, partnerships and the team past works, better if they are blockchain experts from scratch, all in all invest only what you can afford to lose

[K4C]

This is very easy if anyone wants to the search a promising project so i simply said that anyone search a project so they read there Roadmap there members more precious program search so you easily said that person which type projects ongoing so first gain knowledge and full clearly so investment in the this coin.

[cryptomaniac_xxx]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

I guess there is no secret here, you really need to do a lot of work in yours side to determine which one is promising and which one is scam.

For scam it is hard to determine in the beginning, but you can check the people behind, if you have real names or just anonymous. Chances are those hiding their real life identify are most likely to do a rug pull in my experience.

[Synerggy]

There are reasons why BTC ETH NEO, XRP became the most ranking coins in crypto space I suggest you should look into that first and find your new BTC ETH and others in new altcoins

[isaac_clarke22]

~

Just don't overcomplicate your research, OP. Check each dev's LinkedIn profile and also their Github repos. If the project repo doesn't seem to have a lot of activity nor update, I would call that a red flag as a poor maintenance or debugging of whatever project is being developed.
Either way it is still going to depend if those people would really make your money worth or just do an exit scam. These tips are just minimizing the risk of losing your money, but not entirely eliminating it.

[The Cryptovator]

If you are talking about new projects then there are no promising projects at all. It's quite impossible to identify promising and legit projects. There is no guarantee no one will skip with the funds. All projects are just about trading on the exchange, with no real development. If you are asking about existing projects then you may follow their activities and development progress. Those who are doing what they committed during the token sale, mean they are legit. But before investing think twice, whether a new project or an existing one.

[kaya11]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

The promising ones are those projects who has strong foundation, crowdfund are a success, with development teams who have the will and passion. They will answer you transparently. Another is if they have already made an Alpha of the product, and gives you constant updates about what they are doing at the moment, not leaving investors hanging in the air and waiting for unanswered questions. There are lots of factors and if you have doubts about the project, follow your intuitions.

[Gozie51]

Third you have to gain your own experience in every detail and learn from your own mistake.

Sometimes we don't need our own experience to know what to do especially with the kind of enquiry that op is asking. If you learn from other people's mistake then nothing is wrong with that. In terms of buying coin, there is nothing special learning from others and avoiding mistakes but truth be heard that it is not easy not making personal mistake as it is part of the business of investment. To reduce such mistake is when you don't become foolish to invest in obvious scam project. Get to their telegram group and spend some time reading reviews it helps.

[o48o]

I would say that you need to study the fundamentals but newcomers often have this weird sense about new projects and they can be way more with lucky with new microcaps then seasoned serious investors with huge marketcaps. High risk high reward, there are no shortcuts.

[nakamura12]

Isn't this asked before?. The obvious answer is that you have to do a lot of research which is the first step of finding a good project that is worth investing. In buying coins or altcoins is that you don't have to choose the ones that you are not familiar with, the trick is you should just buy the coins that are trending or widely used already. For new ones, it is much riskier but there is also a chance that you'll gain profit or loss profit.

[doomloop]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here

Fundamentals and the team. If you check the team and know who they are and where they worked before, and see what they are trying to achieve, then you may actually profit. I did this with Avax the last time, it has been probably over a year now, or December of 2020 I think, not entirely sure about the exact date but it was something like that. You can guess how much profit I made from that investment, it is really not a bad one at all.

It is definitely not the greatest ever neither, but by simply looking at the founders who are really known and great people, and looking at what they are trying to developer, I managed to see how serious they were and not a joke. Let other people invest into things like Shiba that makes no sense, they could make money with it, but in 10 years time Avax will buy me a house whereas shiba will be nowhere to be found at all.

[iv4n]

It's a thing, there's no 100% sure thing, all projects are promising! So people who pursue new projects as their primary investment objective risk a lot! Of course, that risk can bring insane profit, like x50k, but it's still a huge risk!
There are many new projects, and most of them are shit... how to recognize the real and promising one is a million-dollar answer! We all have some criteriums, we try to find all available info around, ask others here on the forum by creating a new topic... but in the end, there are no guarantees with investing in new projects, the risk is always there, it can make you rich or eat your money!

[tvplus006]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

To conduct such a study, it is necessary to have a lot of knowledge, so it is almost impossible to conduct such a test alone. But there are several proven ways that will allow you to abandon investing already at an early stage of research. These include the absence of a team, unsupported social networks of the project, as well as the absence of a website.