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.
My goals determine what I look out for in new and existing project. If the fundermental factors and market analysis of Cryptocurrency I am interested in allign with my goals, I then go ahead to learn everything I need to know about the project! If I holding a coin for short term, I do not bother myself about the fundermental factors, I look at market acceptance and the hype!