Ways to Research a Token/Coin

[Juxoz]

What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?

[Myleschetty]

What criteria do you look for when you research a token/crypto?  And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

For tokens, no matter the hype and the multipliers it made the first thing I always check is the smart contract vulnerability using De.fi/scanner and you'll see an example of the result you'll get if you click here. But if it's BNB based token i use https://bscscan.com/verifyContract sometime.
After, checking the smart contract and the danger involved the next thing I look into is the project concept, the solution it introduced, the use case, and the possible future traffic it will get in years to come.

For coin, I will check the team, and their private and public support before I later look into the concept, use case, solution it introduced, and future possible traffic. I mostly use CMC and CG for coin.

Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?

De.fi/scanner will provide you with almost the exact information.

[Husires]

There are no fixed criteria to say that token/crypto is good, but there are fixed criteria to judge it as scam or bad, such as a large amount of liquidity, developers owning most of that liquidity, lack of open source codes or continuous development, and the idea of the project is based  promises for fast profit. These are all reasons to stay away from the project.

To search for a good project, look for the following criteria:

• limited supply or increases slightly and developers cannot control it.
• Does not reach ATH unless you strongly believe in the project.
• Clarify the idea of the project, that it be based on a serious solution and not promises of profits.
• Continuous development, as there is activity on github, and it is best to wait several months to verify the activity.
• Buying near support points or after a price correction as it represents the bottom for projects and the possibility that the price will decline further is unlikely.

[cryptoaddictchie]

What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?

A lot of details.
-Is the project run by legit team?
- do they have working product or if early whose their backers at what price those VCs entered their phase?
-does they have locked up period and whats the goal of the project?
-whats their roadmap and whitepaper?
-Whats the price of their token and how many are for sale?

A lots of questions needed to be answered or can be seen by a broad summary of their project. Btw their backers can confirm that as well if they are legit or just using names of those people or firm.

[Upgrade00]

One thing you should not do is to check through information which the project is offering as they are mostly misleading. This includes white paper, website information, roadmap, possible partnerships, and so on. Majority of projects are rug pulls and don't go past the first few months to a year, so you are looking for the holes in their design.

• Double check the team on other platforms, check previous projects they have worked on and how it ended up,
• Check the smart contract and other token information,
• Check if the tokens are pre mined,
• Check to know if the community is organic or bought,
• Check competing projects in the field they want to get into.

[kentrolla]

Hey I already see people have shared various methods to check on the validation part hence I would like to give you some basic but every important thing like checking on the dev teams and their previous association and how successful they had been. Apart from this you need to check the partnership and the companies which it partners with because a lot of tokens names partners who are made up validate the partners as well. This will helpm

[OjAbram]

Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?
[/quote]


As a beginner I would suggest you stick to a particular coin and monitor the market rates.

It's obvious that you want to invest but my advice to you don't get greedy and if there is a particular coin on your mind just ask question on it.

[Catenaccio]

Start with biggest sites like

https://coinmarketcap.com/
https://www.coingecko.com/

Next, for very new cryptocurrency, check with
https://dexscreener.com/
https://bubblemaps.io/

If tokens don't have their logos on token tickers when you check their smart contracts with blockchain explorers, they have very high probability to be scam tokens and interact with their smart contracts can make your wallet compromised.

[PrivacyG]

Honestly.  I think 'Research' is not even an option any more.  You are pretty much gambling your money now when you decide to invest in a Cryptocurrency other than Bitcoin.

Huge projects like Luna have dropped from something to crap in no time, even if almost every body was supporting it and thought it would do well.  Or, take a look at what Safemoon has been able to do.  How much money they were able to steal in such a long time span, yet so many people still fell for it.

They are doing the marketing and promises so well that it is hard to find out who is the bad guy today.  It is still good to do the Research.  But any Research more detailed than the simple methods mentioned above is in my opinion a waste of time.  You are just gambling your money, you never know when another hammer hits the Coin you have Researched tremendously.

[Zigabel]

Honestly.  I think 'Research' is not even an option any more.  You are pretty much gambling your money now when you decide to invest in a Cryptocurrency other than Bitcoin.

Huge projects like Luna have dropped from something to crap in no time, even if almost every body was supporting it and thought it would do well.  Or, take a look at what Safemoon has been able to do.  How much money they were able to steal in such a long time span, yet so many people still fell for it.

They are doing the marketing and promises so well that it is hard to find out who is the bad guy today.  It is still good to do the Research.  But any Research more detailed than the simple methods mentioned above is in my opinion a waste of time.  You are just gambling your money, you never know when another hammer hits the Coin you have Researched tremendously.

Actually it's very true that most others asides Bitcoin can be seen as gambling but then if you are strategic about your approach to them then you can be profitable from them when you invest in them, been timely and conscious about their activities will help a lot a d aswell not investing all thst you have got all at once in them , it's true that you may not know when they may crash the project and funds will be lost but one preventive measures to take to keep you safe is investing small and taking profit at every slightest opportunity it avails.

For everytime you see a profit on the game, it's advisable you take your profit and still leaving the capital to still grow, that way you can still stay profitable and if they eventually close the project, you must ha e taken some profit and that which is left as your profit can be allowed to go because you have made a few profits from it.

[Dunamisx]

What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

There are many things to be on a look out for when researching about a particular crypto project, we need to intensify making research on these areas, the team that are developing and launching a new crypto coin, the purpose for the project, their market capitalization, market volume, their official sites and domain address with all necessary information's concerning their registration and license approval for operation, finally, we may dive into their previous records of successful projects and accept taking risk in them after which the completion of these are satisfactory enough by us.

[DesmondHayes]

What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?

Alright, imagine you're on a treasure hunt, but instead of looking for gold coins, you're trying to find out about special digital coins called cryptocurrencies. When you're investigating these coins, you want to know a few important things:

What's the treasure for?: Every treasure hunt has a purpose, right? Well, cryptocurrencies also have a reason they were created. You need to understand what problem they're trying to solve or what cool thing they're trying to do.

Who's in the treasure team?: Just like you want to know who's on your treasure hunting team, you want to know about the people behind a cryptocurrency. Are they smart? Do they have experience finding treasures before?

How are the treasures shared?: You want to know how the treasure, or the coins, are shared among the people. If only a few people have a lot of the coins, it might not be fair or safe for everyone else.

Is the treasure useful?: Imagine finding a toy instead of real treasure. It might not be very useful, right? You want to make sure the cryptocurrency you're looking at can actually do something cool or solve a real problem.

Do others think it's a good treasure?: Just like you might ask your friends if they think a treasure map looks legit, you want to see if other people believe in the cryptocurrency too. If lots of people are excited about it, that's usually a good sign.

Where does the treasure go?: You want to keep an eye on where the treasure is going. If lots of it is moving around, it might mean people are buying or selling it, which can affect its value.

Is the treasure safe?: Like you want to make sure your treasure map is accurate and won't lead you into danger, you want to know if the cryptocurrency is safe and protected from bad guys trying to steal it.

Did anyone check the treasure map?: Sometimes, people check treasure maps to make sure they're not fake. Similarly, some experts check out cryptocurrencies to make sure they're not hiding any problems or dangers.

So, when you're looking at cryptocurrencies, it's like going on a treasure hunt, but instead of using a map, you're using information to find the best treasure out there!

Good luck on your cryptocurrency treasure hunt! Remember to stay curious, ask lots of questions, and always keep learning. You've got this! 🚀💰🔍

[BIT-BENDER]

I would be frank with you I have not actively went out to research on tokens but I would not say that they are completely a scam. But if for some reason I was to research on token or projects to join I would first look at.
+ People's review on the token.
+ The team (especially their previous work)
+ How realistic is the white paper, usecase.
+ Which network does the token run on
+ How long is taking for the presale to end and it to launch.

[OcTradism]

+ People's review on the token.

You will read many positive reviews and your mind will be affected. It's good if you read many negative reviews on a token and stay away from it but in a bull run, it is not common review you will see.

+ The team (especially their previous work)

I agree.

+ How realistic is the white paper, usecase.

White papers usually are full of promises and polished roadmap points which can be failed to achieve in future.

+ Which network does the token run on

Projects can move from one chain to another chain, to join a chain trend but it does not make a bad project becoming a good project.

+ How long is taking for the presale to end and it to launch.

It is related to their token unlock, tokenomics and selling pressure from their investors.

Check token unlocks
https://vestlab.io/
https://token.unlocks.app/
https://www.team.finance/

[Z390]

What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?

I don't stress myself any longer.

In the past I will go through coinmarketcap and start looking into the newly added projects, check their tokenomics and white paper, look into the fund the project have raised in other to survive in a possible bear market, but now it's different.

So far I look back into the past and I noticed that all projects that Binance invested into did amazingly well, so why not invest in projects that Binance is well invested into? So I use cryptorank.io to look into projects that Binance is presently invested into and do some few researches before picking my choices.

Herr are few projects that Binance Lab have invested on.

Aptos, Sui, Celestia, and other good new altcoins.

[xandriel]

The first thing I check when assessing a project is its team, its developers. Are they real people? Have they received any negative reviews before? That's the most important aspect for me. Next is their partners. Are they reputable and well-established? Do they have sufficient resources to support the project? Just these two factors help me eliminate most scam projects from the list.

[btc78]

First of all we have to determine if the project is a scam or not.

This one requires extra observation because some may appear legit but they aren’t really. Look at the developers and pay attention to names or other details they present. Their goals is one thing I pay a lot of attention to. It has to be positive yet still realistic. If they are displaying too good to be true numbers, high chances that that is a scam.

With older projects, I look at marketcap and activity of the market. You wouldn’t want to invest in a deadcoin. Deadcoins can be confused for a coin that is still cheap and has a potential to grow. I then check what kind of promotion does the developers do and see if it has any potential to accumulate interest over time.

[Coyster]

What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

The most important thing i look for in a project is its utility, what problem does it solve, for example, Bitcoin solves the problem of censorship in people's finances, it is a coin that is censorship free and it is also decentralized. If the coin or token has no utility, you should stay away from it, forget about the hype or its price at that very time, because it is only utility that can sustain a project for the long term.

Mind you that so many developers lie about what their project offers, take your time to ensure they are working on something unique and not just fake promises.

[electronicash]

looking at the richlist was once a very good way to look at whether the token could be good or not. I'm sure you can figure out how to check the smart contract on the explorer.

during the ICOs time, we usually check the team and its background. it was a good way to see whether they are scams by the way because some teams are faking their profiles.

[o48o]

What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.

Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?

There are several things i want to look at, like tokenomics, distribution, vesting period and initial sale price, inflation rate and marketcap. List of red flags i will be looking for is too long to list, as i would probably forgot to list lots of them, and since it's based on years of experience. If the team is not anonymous, i will take a deep dive about every member, and make sure they have a place in that company, other than hanging around and some crappy marketing.

If marketcap is low enough and potential high. I might overlook other fundamentals. And i've made money with utter trash and projects that later rugged everyone. But the autist in me doesn't invest in anything where devs are obviously lying. They can be stupid and funny, and selling pointles meme tokens, and that's fine with me. It's just lying or incompetence that they are trying to hide by lying that gets to me and i open my mouthn and get banned from their chats for "fud"