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Author Topic: how to find a promising projects?  (Read 386 times)
mobilestrike
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January 22, 2022, 01:41:01 PM
 #41

hello everyone
my question is how to find a promising project?
Try to check whether such a project has been backed by venture capital or not. I think that when the project is backed by so many parties it can be said that if the project has massive support by so many parties and it means this project has been running by trusted developers. This will make you spend a short time to analyze whether it's a scam project or not. Im sure that venture capital like binance labs will never try to invest in scam project.

how to check the project is scam or real? if u have experience  can u share this experience in here
thanks
You can use the suggestion that i have written above and that may give you a small insight about how to pick the trusted project safely. So many scam projects are exist in the market these days and that's why you must be careful with any project. Try to learn the project before try to invest on it. DYOR is a must for everyone.
The developers past history also bring a lot to mind because nowadays there are projects whose developers remained in businesses or in projects which got success in the past and they satisfied their users. If someone do not know much better about the future of a project then they need to follow the project which is started by a successful business or project.
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January 22, 2022, 02:00:30 PM
 #42

The developers past history also bring a lot to mind because nowadays there are projects whose developers remained in businesses or in projects which got success in the past and they satisfied their users. If someone do not know much better about the future of a project then they need to follow the project which is started by a successful business or project.
Having experienced developers is a plus to know that the project have a future and that it is capable of handling the issues and activities of the project. It is needed to have a experience to determine how they can probably work on the project. Though when it comes in new projects that is not backed by know companies or personalities I prefer to buy them once they already have new development, been done with ICO projects before that just disappear after buying. Good thing now we can buy in a much secure trading sites than before.
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January 22, 2022, 02:44:34 PM
 #43

At this time it is easy for us to detect a good project or not, at least it is not a scam project, and I think the best way is for us to invest in IEOs in several markets such as Pancake, Gate.io and so on.
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January 22, 2022, 02:54:21 PM
 #44

You can do your own research but I personally get good opinions from users and investors here. Most reviews about trusted projects and suggestions here are reliable. Before investing, you can also check the reputation of the project's developer so you would have an idea if it would be handled well in a long run.
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January 22, 2022, 03:18:23 PM
 #45

You can do your own research but I personally get good opinions from users and investors here. Most reviews about trusted projects and suggestions here are reliable. Before investing, you can also check the reputation of the project's developer so you would have an idea if it would be handled well in a long run.
*team support
*legitimacy of the project
*use-case

These are the things I use to check as we know how tricky is the market and even are to care about doing research sometimes we've got wrong and fall into them. So investing doesn't need to be rushed, it should be in time and been in thorough research, or else, we just waste our money and time on shit projects.
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January 22, 2022, 03:47:10 PM
 #46

Now that we are heading into bear cycle it's best to start looking into IDO and IEO i believe this is the only way to make 2x using this method than trading or other ways of making money in crypto space, as the bear season gets dipper you can use the profits to buy bigger altcoins like polkadot and solana

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January 22, 2022, 04:08:36 PM
 #47

hello everyone
my question is how to find a promising project?
I have some suggestions for this

1. Avoid to deal with unpopular project, the popular project will always come from legit project. The community will always try to invest into the legit project and you can see this and this makes you more easy to discover the legit project and avoid the scam project.
2. You can know that track record from the team. This will help you to avoid the scam project.
3. These days so many scammers are using rugpull method. To avoid this and never try to invest in the meme tokens or project with non audited code.

how to check the project is scam or real? if u have experience  can u share this experience in here
thanks
Try to do what i have been writting above and i hope that that will help you to avoid the scamm project and that will also make you feel easy to find a good project. If you are doing do your own research and you must make sure that you have been doing it with all of components in the project.

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January 22, 2022, 07:14:04 PM
 #48

Having experienced developers is a plus to know that the project have a future and that it is capable of handling the issues and activities of the project. It is needed to have a experience to determine how they can probably work on the project. Though when it comes in new projects that is not backed by know companies or personalities I prefer to buy them once they already have new development, been done with ICO projects before that just disappear after buying. Good thing now we can buy in a much secure trading sites than before.
That is why people ask for the team to doxx themselves in projects. The fact that if they scam you, at least you have their name and so forth matters, but at the same time it is not just for to make sure you won't be scammed, you could still be scammed and not be able to do anything about it. The main and biggest reason is that you could literally see them doing work before they started this one, and that matters.

If a person who is in charge or a project worked on another project for years, then it makes sense of him to start another project and that is a great deal, if that person is anonymous then how would we know if they did anything similar before? So, knowing who is in-charge of a project matters a lot when it comes to crypto, it allows you to know if you should trust them or not and without trust then there is nothing in crypto left to invest.
mobilestrike
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January 22, 2022, 09:47:42 PM
 #49

The developers past history also bring a lot to mind because nowadays there are projects whose developers remained in businesses or in projects which got success in the past and they satisfied their users. If someone do not know much better about the future of a project then they need to follow the project which is started by a successful business or project.
Having experienced developers is a plus to know that the project have a future and that it is capable of handling the issues and activities of the project. It is needed to have a experience to determine how they can probably work on the project. Though when it comes in new projects that is not backed by know companies or personalities I prefer to buy them once they already have new development, been done with ICO projects before that just disappear after buying. Good thing now we can buy in a much secure trading sites than before.
I will also add one more thing. As we invest in the project so that in the future the price increase and we get the profit so we have to ensure that the developers give a solid promise or proof that after the ICO they will list on a good exchange. Because in the past I participated in some project which were started by good running companies but after the ICO they still not listed on exchanges. I have the coins of some of these type of exchanges but they are worthless in my wallet.
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January 22, 2022, 10:00:44 PM
 #50

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
It is not as easy as we think when going to choose a coin or token from a new project. Additionally, I am wondering why should be interested in a new project. None is promising of they are new projects. every project team will always say that their project is very promising. But in fact, most of them are only shit.,
Only by doing deep research and analysis will make you sure about a project, including its clear roadmap that has been being conducted. Trusted and professional team moreover with their exact reputable track record with the successful project previously. Some real use cases and utilities, deal with the new development of the crypto industry.
And of course, doing some IEO/launchpad, and other listings in the middle or top exchanges with very good liquidity and market cap.
But, will it be easy to find this kind of project?
of course, no.
Will that kind of project be really succesful?
of course not.
It is still likely gambling in which it is still debatable and also 50:50 to be exactly promising.
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January 22, 2022, 10:16:06 PM
 #51

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
If I'm going to be honest with you, it's a pretty difficult task, there are quite a lot of projects today, with many more still coming out, thus choosing/selecting the one that may be profitable is more or less based on luck, and very risky, personally I don't invest in new projects or altcoins for that matter, I think ethereum isn't a bad choice at all, it has gotten to the stage were it can be said to be a long term project, as a result it's a good investment. Having said that, If you manage to get any 'promising' project, do not invest more than you can afford to lose, and mind you that you should take profits when it accrues, cause most of this new projects are pump and dump coin, and they can dump at any time.

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bitbollo
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January 22, 2022, 10:27:51 PM
 #52

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 promising project is bitcoin! the other are just copy/paste with some modifications.

Finding a coins with same impact is practically impossible.
I made an analysis some time ago here
https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq
taking in account 1000 predictions made in https://bitcointalk.org/index.php?topic=2106360.0 this topic "The next 100x-1000x coin?" .
What was the result? Easy!
 
56% of coins suggested had a negative results.... from this number only 1% had a moderate loss.
11% of coins are literally dead.
13% of coins have a positive results but no one coin has realized a x100.

So yes there are promising project but isn't easy to identify, and in some cases the same coin suggested in a different timeframe has earned a negative return... or just a moderate return.
Mine suggestion? Knowledge! Is the only "coin" you need in this life Wink

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