Quote from: boty on Today at 10:19:44 PM

Quote from: Sir Legend on Today at 01:37:34 PM

Now too many projects nowadays make it easier for us to put money in, but what I usually do is invest in new projects with a large number of social media followers, if it's on a telegram or discord group then we can know whether the discussion is natural or just settings.

followers number didnt be main factor when we invest our money , all of know we could get alot follower by bought from someone and also most of them could only bot. there are another important that we need to analize from new project such as utility that will build, dev team background and experience, tokenomic and many others.

It would be a mistake to rely on the number of social media followers to judge a project, all of which can be purchased. To invest in the project, we should read the whitepaper, who are the people behind the project, do they have any experience with cryptocurrencies? ...There are really a lot of factors to consider before investing in a project, investing in a new project is not easy, and those who do not have the ability to research should focus on bitcoin and ethereum.