How to Know the right crypto project to invest in

[|MINER|]

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Nowadays the number of scam coins is increasing day by day and yes it is true that it is difficult to choose the right coin for trading among so many thousands of coins.
But I think there are many good tokens that can brings good profits by investing in them.  For you can select the first row coins like bitcoin, BNB, Etherium, LTC, Matic, Solana etc. Here you don't need to worry about the security. I would say don't invest in Meme Coins hoping for high profits because most of the time there are scams or losses.

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[GeorgeJohn]

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?

Actually when looking at it. It's seems that with the level of cryptocurrency adverts it seems that cryptocurrency is dominating fiat currency due to the massive adoption of cryptocurrency. So concerning on how to know the cryptocurrency to be invested. At first the measure you will use to know a best coin to be invested with, it's through the sponsors of the project.

[Sanitough]

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?

Have your own thorough research on the different projects in the crypto market, and find those who have potentials and avoid those that seems unprofitable and won't have real utility cases. And definitely, always prioritize bitcoin as people made it the top choice investment in the market. You can never go wrong if you follow what the experienced people advices, as they have better and long term experiences than yourself.

[Finestream]

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?

if you want to invest in a crypto project, of course you have to analyze the fundamentals,
meaning we have to know what is being built, who is the team of the project, who is the partner of the project,
and of course the white paper. if you feel good, then invest there, but remember, we are in the crypto world, so the risk is very high.

Learn everything
Research everything
Know the basics and  advanced information
Seek for Transparency
See the Utility

You are the only one who could really make out decisions since its your money and dont listen up on someones suggestion when it comes to project.
You are the ones who could say that its a worth project or totally shit.We do have different takings and we do have different insights on things
this is why it would be worth if you do choose up project according to your knowledge and preference.

To avoid getting regrets in the end, always follow what you think is right and profitable. And you will eventually know the right crypto project to invest if you always do good research as its the best way to make you knowledgeable on your desired investment. Take your time, and always make the best entry when to invest because that will help you out maximize your own profits at your own expense.

[NicNacCoin]

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?

Bitcoin is the safe bet.
And those who fancy higher risk gambling with their funds, there are a lot of altcoins to choose. Some few may get lucky.


Conclusion: too hard to choose right if you want something else than Bitcoin. So.. just choose Bitcoin.

PS. Not a financial advice, do with your money whatever suits you best.

People are now using Bitcoin more and more for betting and investing.Because Bitcoin is a really safe bet.As we know that Bitcoin is popular and investable coin, we can invest in Bitcoin without any thought and analysis.Investing in Bitcoin is definitely a no-brainer. Bitcoin is the best coin for investment coin.Looking at the market cap, we can see that Bitcoin has the highest trading volume in 24 hours due to popularity and people's tendency to invest, but the trading volume in 24 hours. Most would not have. So without doubt we can say Bitcoin as the best investment coin.

[Rengga Jati]

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?

Yeah, because there are so many cryptocurrencies in this world and you must be confused about those lists, you need to check and do research on what coins you want to invest in. You may have to check them in CMC. But at least, choosing top coins will be more promising although this doesn't guarantee it. If we are confused, it is better to invest in Bitcoin. If you are interested in some altcoins, the top altcoins like Ethereum and BNB are the best choices for me. But once more, this is not an advice, you can use it for consideration and you must do your own research

[Rigon]

We can use different means to choose the right currency to invest.Especially if we look at the market cap and those with the highest trading volume and the most popularity we can consider for investment.And especially among such coins we can select Bitcoin because Bitcoin has the highest volume of market cap.And in terms of popularity, we don't see any other currency above Bitcoin.Of course I will consider the trading volume and popularity in 24 hours while selecting for investment.

[Lanatsa]

We can use different means to choose the right currency to invest.Especially if we look at the market cap and those with the highest trading volume and the most popularity we can consider for investment.And especially among such coins we can select Bitcoin because Bitcoin has the highest volume of market cap.And in terms of popularity, we don't see any other currency above Bitcoin.Of course I will consider the trading volume and popularity in 24 hours while selecting for investment.

But people tend to find to those new projects or who are just newly listed or something cheap because they do know that they could really make big profits or money since they could potentially earn on higher multipliers.

This is why we are really that a fan on looking for these low caps or something new but eventually we are all speculators on here.There's no way that someone could able to know on what projects will be flying on in term

of its value in the future.Invest on what you can afford to lose and you wont really be stressing up yourself whenever the market do becomes bearish.

[LittleBitFunny]

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?

You should consider investing in bitcoins if you aren't sure which project to invest in, since it is the safest solution on the market.
If you are already an existing bitcoin investor, and you wish to diversify your portfolio with altcoins, then you can refer to the top altcoins on CMC, however, it is recommended to stick with the top 10. Don't try to find new projects with excessive hype, most of them are scams.

[Jatiluhung]

crypto projects that are good enough for us to enter to invest there are projects that have consistency in meeting their roadmap. have strong fundamentals. and clear utility. but I'm also not very experienced in analyzing good crypro projects. but it's the basics that many people who are good at analyzing good crypto projects talk about.

[LastKiss]

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?

Well I guess when they have a team that is competent and consistent with their project I'm pretty sure that project will run although maybe it won't run well at first but the development should keep in progress. Then we can check their community if their community is only filled with bots then they just want to attract new investors I saw some new projects running bots with positive comments in their telegram which I think we should avoid projects like that.

[BuNga_cute]

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?

You should consider investing in bitcoins if you aren't sure which project to invest in, since it is the safest solution on the market.
If you are already an existing bitcoin investor, and you wish to diversify your portfolio with altcoins, then you can refer to the top altcoins on CMC, however, it is recommended to stick with the top 10. Don't try to find new projects with excessive hype, most of them are scams.

Indeed, the safest is investing in Bitcoin and top altcoins, because it is proven to have high demand and has a good track record. As you said
the majority of new projects currently circulating are scams, so think again if we want to invest in new projects, because our risk of losing money is
much greater if we invest in new projects. Don't because we see famous people or influencers promoting certain new projects, we become
interested in investing in new projects, because what other people promote is not necessarily a good project. In fact, most influencers promote
projects that benefit themselves. Stay focused on investing in top coins, it doesn't matter the profit generated is not as big as the investment
in new projects. But if we accumulate the profit that we make from investing in top coins then in the end we can make big profits too.
Most importantly, investing in top coins usually requires more patience, because most top coins are good for long-term investments.

[Reatim]

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?

This is always the problem mate, because whatever good we are in checking currencies yet we know nothing about how the project will truly go lol.

yeah we bought now but how are we sure that this will go increasing in the next coming days?

crypto projects that are good enough for us to enter to invest there are projects that have consistency in meeting their roadmap. have strong fundamentals. and clear utility. but I'm also not very experienced in analyzing good crypro projects. but it's the basics that many people who are good at analyzing good crypto projects talk about.

But what coins are you suggesting? I think this is not the right approach because I know that there are many coins or project that already existing that only needs support to make another step up.

[Mpamaegbu]

Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat.

To be frank with you, I've also noticed there's an influx of new cryptos in the market on a daily (just like you've done) and that kind of gives investors a variety of choices to pick from. However, that isn't to equate what's happening in this space to mean that cryptos will eventually exterminate fiat. Nah, far from it. If anything, I've come to realize that cryptos need fiat to ascertain their real price and value and that's why we often have them paired in fiat when transacting.

But the question now is how does one get to know the right crypto project to invest in?

Well, I make my choice of cryptos to buy from looking at the utility the crypto is said to have, nothing else. If I feel it's something relatable, I buy. Otherwise, I stay out.

[Silberman]

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?

You should consider investing in bitcoins if you aren't sure which project to invest in, since it is the safest solution on the market.
If you are already an existing bitcoin investor, and you wish to diversify your portfolio with altcoins, then you can refer to the top altcoins on CMC, however, it is recommended to stick with the top 10. Don't try to find new projects with excessive hype, most of them are scams.

Newbies like the OP should not even bother with altcoins, at the beginning they need to focus on bitcoin alone, then once they have obtained some profits they can invest in the top altcoins, once they go through the same process they could begin to take come calculated risks with more risky altcoins, however newbies skip those first steps trying to get huge profits as soon as possible, and as you may guess due to their lack of experience they fail and instead they lose their money.

[LogitechMouse]

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?

Don't make things too complicated.
If you don't want to spend too much time researching or finding a good project, focusing on the top projects is the answer.

There are no specific factors that will help you in order to know which crypto project is right or wrong. For me, just focusing in the top market cap coins is the safest one and in my whole investing journey, I always invest into the top coins and I didn't lose any money until now (disregard impermanent losses). The only time I loss money is when I invested into a memecoin (just for $100) and when I invested into a new project (that turned out to be a dead coin).

My suggestion is to just focus on the top projects right now.

[BobK71]

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.

[Natalim]

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?

If I were you, I consider the market rankings and active trade volume as the basis for choosing them, the higher rank and huge volume the better. But if you are talking about new projects, that seems worrying for we never know yet if that project is legit and has the potential or not. You can also dig some feedback from the project provided that it was reliable and trusted feedback because many are manipulated just for the sake of money and price manipulations.

[salad daging]

Don't make things too complicated.
If you don't want to spend too much time researching or finding a good project, focusing on the top projects is the answer.

There are no specific factors that will help you in order to know which crypto project is right or wrong. For me, just focusing in the top market cap coins is the safest one and in my whole investing journey, I always invest into the top coins and I didn't lose any money until now (disregard impermanent losses). The only time I loss money is when I invested into a memecoin (just for $100) and when I invested into a new project (that turned out to be a dead coin).

My suggestion is to just focus on the top projects right now.

Yeah for me it's too complicated researching new projects whereas if there are top coins with high volume isn't that a good thing for us compared to new projects which will be a scam.

All projects can't be guessed right and wrong, let's take the example of Luna, whose big project just fell, it's better to be careful or do it on bitcoin if you don't have more knowledge, I have a little portfolio but I have a lot of bitcoins from the wallet.

[GatotKaca]

Yeah for me it's too complicated researching new projects whereas if there are top coins with high volume isn't that a good thing for us compared to new projects which will be a scam.

All projects can't be guessed right and wrong, let's take the example of Luna, whose big project just fell, it's better to be careful or do it on bitcoin if you don't have more knowledge, I have a little portfolio but I have a lot of bitcoins from the wallet.

your choice of better asset management. have more bitcoins in the wallet to reduce investment risk. select multiple altcoins will be good enough for long-term planning and trading.
indeed no one knows the future of the assets on the market. we have seen the LUNA case, and it will teach us an important lesson.
if you want to get into a new project, I think just prepare a small capital. there's nothing wrong with betting on a new project, not all of them also end up being a scam. we must be wise in planning the investments we make.