Post
Topic
Board Altcoin Discussion
Re: How to investigate and research new projects ?
by
BobK71
on 26/09/2022, 17:36:51 UTC
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 ?
Theoretically, some elements to be researched for the new projects should be:
- Their WP
- Developer and team
- Token or coin utility and fundamentals
- Exchanges for listing
- Their roadmap and the realization
- Promotion
- Community approaches
and some otehr probably

But in fact, although we have analyzed at least what I mentioned above, those will not guarantee that our analysis is 100% true.
Because scammers could also make those projects seem like very true.
Or, sometimes, shit projects also make the project seem to be very good.

That is why always be careful and know what to do and not to do. If you are newbies, why don't you invest only o top coins or Bitcoins rather than gambling on new projects?

The point you have mentioned = of developing a team
I want to comment on it - I have been into freelancing for over 3 years now. But I am unable to find real worker- people want money and they do not want to work
In some way, that's true. Most of these projects are after for the benefit of their pockets.
Even projects with well-written whitepapers can eventually turn to a crap one.
You can't tell their real intentions up until they disappear and won't answer any of their social media channels.
That is why, if you are in doubt, better invest in top ones like BTC or ETH, at least they have been proven by time.
Risks in new projects are very common, if you can find a good project, there are more profits. But the cryptomarket is not in former position. The number of scammers are very high. They are constantly busy making new traps. That is why an investor should always be alert. But those who don't want to take this kind of risk can invest in old and popular coins instead of investing in new projects and get guaranteed profits.