Quote from: Rikafip on September 24, 2022, 04:51:10 PM

Quote from: aliitp2 on September 24, 2022, 05:54:17 AM

I am just recently getting into new crypto projects and dont know where to start from whatsoever, i do understand some projects are completely useless while some other projects can be promising, how to investigate on those ?

Actually useful "projects" can be counted on the fingers of two hands, so chances of stumbling upon one are slim to none. First of all, you have to ask yourself does it solves any real issue, check the team and their previous experience, whitepaper etc. But to become good at that you need some experience, meaning a lot of money lost in the process. Much better alternative to that is just buying bitcoin whenever you can so you don't have to worry about any of that.

This azimuth thing that you mentioned screams "scam" from the moment you open their website; from unrealistically high APY, to a ridiculous claim that they will give a $450k worth yacht to one lucky investor.

This is the truth, we have more than 10k coins in the market of cryptocurrencies and the majority of those coins are just scams waiting for unsuspecting victims to invest in them.

As such your ability to research not only needs to be top notch you will also need to be incredibly persistent as it is entirely possible to analyze more than 100 different coins and despite such a huge effort you could not find a single coin which was worth your time.