How to Know the right crypto project to invest in

[Stable090]

Have participated in different IEO recently and Ico, after my research I discovered that those coins are very good coins and I then believe that they are good coins and they will pump, I asked some of my friends about the coin and they also check which they encouraged me to participate in their IEO, I invested little amount I can afford to lose in all of them but at the end most of them didn’t survive the crypto space, immediately some of them where listed they dumped immediately and some turn out to be a coin that is been pumped and being dumped at any moment. There are lot’s of new good project but they are difficult to identify, if you are planning to be investing on random once you think they are good, you will be losing money at the end so I believe is better to invest in old projects that have been in crypto space for long time.

[dunfida]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

As new coins are constantly being added to the market, it will take time to find a good project. Moreover, investors in new projects are also risky. In that sense investing in some old coins is more reliable. So I think it's worth investing in some of the top 100 ranked coins by market cap. Especially new investors can follow this strategy.

Anyone who is new into cryptocurrency investment is not supposed to adventure into newly launched projects. because i believe from my perspective that new coins have any possibility to die off withy being told. Who is investing i new project have two things in mind, either it lost the project or it benefit from it the depending the sponsors of the project.

There are around 12000 cryptocurrencies in the market where you can invest in any currency of your choice. Now this is the right time to find a good crypto projects because scam or inactive projects may dead in this bear market. Cryptocurrencies which are survive in this time will roar in the future. But selection for investments is often difficult for those who are new to crypto.

You can be correct that now is the right time to find good projects because according to you, only good projects survives the bear market. This can be true to some extents and not all correct. Why I said so is that what about those projects that was started already in the bear market and before you will understand, another bull has come. My opinion is to read whitepaper, know road map and check the community promoters behind the project.

Anytime is always been a good time on finding good projects considering that there are new projects that emerged and launched which means that you could always have the chance on getting early
or even with those low caps which you could really choose up according to your analysis and preference.

Knowing the right project is something that cant really be that possible because everything is unpredictable and there's no way and make out guarantees that the project you
had chosen would take off on the future.

Invest on something which you do know its worth but dont make yourself that hopeful so that you wont be frustrated.

[DanWalker]

Anyone who is new into cryptocurrency investment is not supposed to adventure into newly launched projects. because i believe from my perspective that new coins have any possibility to die off withy being told. Who is investing i new project have two things in mind, either it lost the project or it benefit from it the depending the sponsors of the project.

That makes sense. Sometimes newbies are just driven by the hype and that's the reason why they keep investing in new projects.

Since they are just building experience, they just need to stick with Bitcoin as their priority and some top altcoins as other options.

They don't need to risk early their money putting into new projects. While they are progressing and moving forward, they will automatically learn the process of how to determined a good and worthy new projects they will encounter on the way.

As newbies have no experience, but they are very eager to make money, as a result, they commonly look for new projects as a means of making massive profits, without anticipating the risks that new projects may entail. Newbies are rarely inclined to choose bitcoin to invest because they think that bitcoin cannot thrive and the return it gives them is too little. They will return to bitcoin after losing money from new projects and drawing their own lessons.

[Agwu]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

Investing in new coins usually involves a high risk of losing your money. Since you cannot comprehensively research the project for investment on your own, it would be a better decision for you to invest in the most secure coins, such as ethereum and bitcoin.

The replies so far has really proven to me that  Bitcoin remains the leading cryptocurrency and a better option in terms of investment. I will give it a try and hope to make some profits out of it. It's not always easy especially as a beginner. Thank you so much your insight.

[GeorgeJohn]

Anyone who is new into cryptocurrency investment is not supposed to adventure into newly launched projects. because i believe from my perspective that new coins have any possibility to die off withy being told. Who is investing i new project have two things in mind, either it lost the project or it benefit from it the depending the sponsors of the project.

That makes sense. Sometimes newbies are just driven by the hype and that's the reason why they keep investing in new projects.

Since they are just building experience, they just need to stick with Bitcoin as their priority and some top altcoins as other options.

They don't need to risk early their money putting into new projects. While they are progressing and moving forward, they will automatically learn the process of how to determined a good and worthy new projects they will encounter on the way.

As newbies have no experience, but they are very eager to make money, as a result, they commonly look for new projects as a means of making massive profits, without anticipating the risks that new projects may entail. Newbies are rarely inclined to choose bitcoin to invest because they think that bitcoin cannot thrive and the return it gives them is too little. They will return to bitcoin after losing money from new projects and drawing their own lessons.

exactly that is the problem of newbies, there's no newbie that is interested to learn from beginning if you watch very well you will  understand perfectly that newbies are curious to make wealth. That's the reason while i do impact my knowledge to them so that they not mislead.

[kryptocanon]

First of all, is to read and understand what a project is all about. This entails the mission, visions, roadmaps, and features, along with the supply volume. Also, the team behind a project with their partners. But a lot of people don't know this, they just get influenced by other people's ideas and opinions.

[Hyphen(-)]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

When the market condition turns bearish, almost all cryptocurrencies will lose value/dump depending on when the market regains its shape; at that point, even foreign exchange will be affected. One can identify good prospects  by the rate at which it is dumping; take Bitcoin as an example, which is the most trusted cryptocurrency, it will be very difficult for Bitcoin price to drop very fast, many people keep investing in Bitcoin because they are confident it will bounce back stronger, that is exactly what we see on other projects, once project is still standing strong even when market conditions are dumping, the project will be strong to resist and more investors will keep buying.

[Munir575]

It's challenging and requires some luck, I suppose; even top-tier projects can fail. Not all investments will be profitable. If you're looking for the best cryptocurrency project to invest in, stick with one that has a working product. If you join early, like during the presale phase, make sure the team is authentic and their roadmap is clear. I believe bitcoin is the only coin worth investing in.

[Hamphser]

It's challenging and requires some luck, I suppose; even top-tier projects can fail. Not all investments will be profitable. If you're looking for the best cryptocurrency project to invest in, stick with one that has a working product. If you join early, like during the presale phase, make sure the team is authentic and their roadmap is clear. I believe bitcoin is the only coin worth investing in.

Challenging indeed or very tough decision to be made and if we do consider out on how many projects in the market today then it would really be a challenge on choosing which one does have the potential.

I do also believe that you would really be needing that sort of luck in speaking with success on investment or choosing the project.There's no guarantee that you would be ending up on being profitable.

Choosing project will be entirely be depending on you because we do have different criteria and preference on what project we do see which is good.

[topman21]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

Now is the time to consider all aspects of investing.Investing in any project in this volatile market is very risky.So always check that all the coins have market volume and popularity and list of good exchanges in the country.For example, Bitcoin is a coin worth investing in.Which is the highest trading volume in any market in 24 hours.And I will always support Bitcoin especially for investing. Why should you invest at risk?So I support bitcoin to invest as well as ethereum and bnb to invest.

[MCobian]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

Now is the time to consider all aspects of investing.Investing in any project in this volatile market is very risky.So always check that all the coins have market volume and popularity and list of good exchanges in the country.For example, Bitcoin is a coin worth investing in.Which is the highest trading volume in any market in 24 hours.And I will always support Bitcoin especially for investing. Why should you invest at risk?So I support bitcoin to invest as well as ethereum and bnb to invest.

We really have to be careful in choosing coins for investment, let alone a lot of shitcoins in circulation and only make us lose money. I agree
we should consider everything when choosing projects for investment, so don't be in a hurry to choose projects when investing. Do research
and analysis on the projects that we will buy, so that we can ensure investment in the right projects. Do not easily believe what other people
recommend, because sometimes other people promote projects that benefit themselves. If we are not experienced in the crypto world and
our analytical skills are also not very good, there is nothing wrong with just focusing on investing in top coins. Which is safer for investment
and the risk is not too big, because top coins usually always go up during the bull market. So holding top coins until the bull market comes is
highly recommended and can allow us to generate profits. Like some of the top coins you mentioned are indeed a good choice for investment,
especially Bitcoin which always provides a satisfactory profit if we can be patient holding it in the long term.

[Luqman]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

How much money do you have?
If you don't have a too big amount of money, you simply choose the top coins for your investment.
You don't need to do a too deep analysis, just pick the top coins which have good fundamentals. Besides BTC, you can invest in ETH, BNB, DOT, ADA, MATIC, or SOL. These coins are the safest coins to invest in, but it doesn't guarantee huge profits. You need to know when the best time to buy and when the time to sell them. Please, learn the market trends in crypto.

[Xampeuu]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

How much money do you have?
If you don't have a too big amount of money, you simply choose the top coins for your investment.
You don't need to do a too deep analysis, just pick the top coins which have good fundamentals. Besides BTC, you can invest in ETH, BNB, DOT, ADA, MATIC, or SOL. These coins are the safest coins to invest in, but it doesn't guarantee huge profits. You need to know when the best time to buy and when the time to sell them. Please, learn the market trends in crypto.

indeed if we are not greedy to achieve profits of up to thousands of percent, then we can choose coins as you mentioned, especially if we want to relax in investing I think choosing bitcoin and ethereum I think is enough to save our funds to avoid rising inflation, but indeed the problem is this high level of fluctuation in crypto, can we control it. many people lose money because they can't control psychology in the face of price volatility

[pgbit]

I think there are four things you have to look for in every project.No 1 :The use case No 2: The developers.3: the vcs and No 4:the marketing.For any project, its use case is first thing to see what it has a solution for, for example, some projects have low gas fees, some have high transaction speed, or they working as a bridge between two Chain. All these things should be seen.Second, the project's developers are looked at, how experienced their developers are, who their CEO is, and how experienced all those developers are.Thirdly, the investors and its partners within the project are seen, who has invested in it and who are the partners behind it.And fourthly, the marketing of any project is seen in how it is marketed.

[pawanjain]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

As you said with so many crypto projects flooding in, it is really hard to choose the right projects to invest in.
But we don't have to look at new projects to choose as they are indeed risky. We already have established projects that we can choose to invest in.
Although they would have a big marketcap already but they are really potential and it would be a wise decision to choose existing projects to invest in.
There are many good projects such as Ethereum, Solana, Polygon, Fantom, Polkadot, Binance etc...
Bitcoin is always the safest bet and even a newbie should consider investing in bitcoin to play safe.

[Mahanton]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?

As you said with so many crypto projects flooding in, it is really hard to choose the right projects to invest in.
But we don't have to look at new projects to choose as they are indeed risky. We already have established projects that we can choose to invest in.
Although they would have a big marketcap already but they are really potential and it would be a wise decision to choose existing projects to invest in.
There are many good projects such as Ethereum, Solana, Polygon, Fantom, Polkadot, Binance etc...
Bitcoin is always the safest bet and even a newbie should consider investing in bitcoin to play safe.

Its really that suggestible that we should really stick out on established projects in the market which we can somewhat assure ourselves that we are dealing with the right project although it cant give out
assurance but it does give out that good odds that it is really worth for holding it for long term but we know that there are people who do really love to test or throw up some risk on investing on projects
which is still that starting or does have low value which we know that it could really potentially give out big profits whenever it would possible able to take off into its price.
Invest on projects which you do see that it has potential even though this one wont be easy but doesnt mean its impossible.

[Falconer]

As you said with so many crypto projects flooding in, it is really hard to choose the right projects to invest in.
But we don't have to look at new projects to choose as they are indeed risky. We already have established projects that we can choose to invest in.
Although they would have a big marketcap already but they are really potential and it would be a wise decision to choose existing projects to invest in.
There are many good projects such as Ethereum, Solana, Polygon, Fantom, Polkadot, Binance etc...
Bitcoin is always the safest bet and even a newbie should consider investing in bitcoin to play safe.

Altcoin on average have no real use case as an adopted currency or as a means of payment out there. There are only a few altcoin adopted and I think that is a good criterion to consider. Ethereum or any other altcoin can be considered a good investment asset in a portfolio, but if you are in this space then never ignore bitcoin. As you said in the last sentence, it should be true because bitcoin is the king among cryptocurrencies.

[Franctoshi]

To know the right crypto project Go and check the characteristics of Bitcoin, in terms of it limited supply, store of value, security, freedom form of money used for buying and selling, Best performing asset in terms of growth over the past years when you zoom out 2yrs-10 years plus, if any other cryptocurrencies project has this qualities, then you've found a good project to invest in, but if there's non, then know that Bitcoin is literally the right crypto project to invest in aside every other cryptocurrencies project out there and you would have rest of mind.

This is just like asking question when you're in heaven , how do I know heaven when you already in heaven.
#Bitcoin is a safe heaven right crypto project for you to invest in.

[Digital_Lord]

As soon as you have understanding of the project and decide to invest, you should visit their website and in depth read all of the materials. Have a look on the notion that led to the project's success and determine whether the organization and program are popular as well as how many people are engaging in it. In reality inspection will make it simple to make findings that would not lead to errors.

[Silent Sam]

First, you need to find a project with a good concept whose concept is very good as you can catch metaverse there are several famous projects like sandbox MANA blocktopia if you look at their goals and the team they are very strong in that aspect always you have to look project's goal concept and team to invest in that project and have to see how big their community is and how much demand they have.