Post
Topic
Board Altcoin Discussion
Re: Do you invest in new projects?
by
zachamo
on 03/02/2022, 15:10:36 UTC
It's so hard to identify legit and impactful projects in the early stages.. Reputation of the team is a good indicator, but very hard to sort out.. I definitely look up core team members and see what I find - that has saved me from some bad investments for sure. Another key is figuring out the market cap and assessing the potential market cap -- is there room for 4x, 10x, 100x? Weigh risk and return.

Getting in early means EXPLOSIVE potential with extreme risk, but some of the risk can be mitigated with adequate research..

Another thing I've learned - if you invest in a project and want to see it succeed, HELP OUT. Invest time and energy into your investments. Your involvement is a huge asset to a new project.

Unfortunately the market is oversaturated, and finding good projects is like a needle in a haystack. One project I'm keen on is thestandard.io (TST).. It's dead quiet right now and you'd have to wait to buy any (pre-market & no public distribution running at present), but the team is busily working away behind the scenes.. The team has a proven track record (vaultoro - long running gold/crypto exchange) and TST is basically the culmination of their learnings, limitations, and missed opportunities in Vaultoro. All of that said, early stage projects are always something of a crap shoot.