Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
When I start investing, the main thing I pay attention to is only the target and the development team, not the projects which are new or old, because both have the same opportunities in crypto, which makes them special only in their future developments and trends , whether they are able to develop and have a high chance of success in the future, if they have these two things, then the new or old project is not a problem in the selection or decision making.