Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: PheX7583 on August 25, 2018, 04:56:12 PM
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There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
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There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
It's very difficult to choose a legitimate bounty campaigns because even those scammed project are using strategies like legitimate to encourage investors to buy and bounty hunters to participate in the campaigns.
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IСO - initial placement of coins, a way to attract investors to a new project by selling a certain number of issued crypto-coins. Let's talk about how to choose the most promising project preparing an ICO in order to return and increase the invested money in the future with a high degree of probability. If you still doubt that participation in the ICO can bring good dividends, then here are three examples:
NEO – 487 240% yield
IOTA – 829 365% yield
NXT – 2 488 215% return
Another thing is the quality of today's projects-select them with great care fully studied the project, white paper and website and do not carry the money in the project with a beautiful wrapper.
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Selecting a legimate project is difficult right now. Sometimes they can make the project they are working on seem legimate, but it turns out their project is a scam. Not only investors will lose with this ICO, but the bounty will also feel the same impact.
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Hello
Is there a common base of companies with good recommendations? And the most important question... If anyone is willing to share their experience? :)
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It is very difficult to distinguish between legitimate projects or scams. But you can also do something about it, such as researching the project team, Team Performance, What are the conditions and circumstances of the team in the Project, how are the marketing strategies, what are the market opportunities and so on. You have to pay attention to it so you can make a decision.
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There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
Being new in the business it's really hard to know or to find good project considering that i am not familiar about whitepaper and exchanges market.
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Yes you are right on what you said. It's hard sometimes to find a legitimate project if we know nothing how we can start or begin to join. For me, first thing i do is to research their campaign and to some more search of what kind of project they promoted and then i ask some of my trusted friends where i can find a legit project.
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Difficulties is always we facing now on how we find the best legit project. Some friends of mine taught me that a real hunter know how to find the real treasure. Here on cryptocurrency we need to be search their project and we need also to read what the good business they bring unto the society.
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The main thing that must be analyzed before assessing the ICO project is the success or not, i always make observations on the products and legality the country/company ICOs project that i follow. This consideration is to strengthen my analysis of whether the project has the potential to be long-term or lead to a scam. In addition, i also see the activity and updates on the development of the project.
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Pick projects you believe in. Projects that provide something unique with a team that can execute the development.
Don't pick projects that sound profitable, because they are probably attempts at a "get rich scheme" that won't work in a bear market.
Best of luck!
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There is many ways to analyse the project.
May be you can explore about the project. Roadmap, Team Member, their social media, check the website, smart contract, their network or community, and so on.
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There are many new projects that have sprung up at this time. Some projects are scams and some are legitimate projects. It's very difficult to know which projects are legimate and scam. What I do to see whether a scam project or not is to look at the team that is included in it. If several teams have successfully handled a project, then it can be said that the project is legitimate.
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If you want to find a good project and not a scam on the ICO. You only need to pay attention to the following things and examine them more deeply whether or not a scam. You must pay attention and see the project team, teamwork, performance targets, market prices, marketing targets, legal basis, etc. that you think are important. Because by doing that, you will be able to choose a good and legitimate project for you.
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@Arendra, you are right. But there are other ways to minimize losses in ICO for investors and bounties. We can read the whitepaper and look at the roadmap before joining ico. In addition, see the site rank, it can also be one way to select legitimate projects or not.
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Check whitepaper, Social campaign(Facebook , Twitter, Reddit) and Linkedin profile of the project managers. A project mostly depends on the project managers. If they handle the management well then the project will be successful and you will get a good amount of money from it.
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Really there is no precise answer until weeks past for some project you analyze. Before that, i take notive on some slightly details where is hyperlink involved ,community response and early plans with bounties and also with project development.
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In my opinion, the team decides a lot, or rather where it comes from. Scammers were not among the Japanese and Germans. The projects of the Baltic, Ukrainian and Russian inspire little confidence. I rely on this when choosing a project.
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There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
It's really hard to choose a legitimate campaign today considering that the current market situation is too weak and there are lots of scam projects.
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To see a good project, you must analyze the whole whitepaper. In addition, see also the roadmap, concepts and team profiles. And if you want to make sure that the project is a legitimate project, you must see who the manager is. If the manager has experience in the ico project, then it can be said that the project is legitimate.
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for me how to choose a legitimate project you first need to know exactly what the project is intended for. Because of this time many projects are not legit. you can also research a project first if it is legitimate scam.
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for me how to choose a legitimate project you first need to know exactly what the project is intended for. Because of this time many projects are not legit. you can also research a project first if it is legitimate scam.
Yes, I agree. That's why it's important to read the whitepaper first. If the concept and purpose are clear, we can invest in it. In my opinion, considering who the project works with is also important. That is to minimize losses.
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By studying and researching first will be the project we will follow.As of legality, team, roadmap, whispapers are in the website we can learn all. If it has done all research but there is still wrong, because we can not judge a project before walking or completed. Projects that successfully reach the Soft Cap Sales Target can still scam.
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You have to make your own search. It is hard but you cannot trust someone else. Is the team real? Are target of project reachable? Is the project looking professional? Etc. There are soo many questions which are critical to select a legit project.
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In my opinion, considering who the project works is also important. That is to minimize losses.
That's why it's important to read the whitepaper first. If the concept and purpose are clear, we can invest in it.
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There are many things to verify before joining a campaign/project, their team, if they are verified on ICOBench, any other ico site, telegram activity and many more like whitepaper, site, future of project etc.
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we cannot assess the project before it runs or finishes. Projects that successfully achieve the Soft Cap Sales Target can still be deceived. By studying and researching first, it will be a project that we will follow. Like the legality, team, roadmap, whispapers on the website we can learn all.
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if you want to make sure that the project is a legitimate project, you must see who the manager is. If the manager has experience in the ico project, then it can be said that the project is legitimate. To see a good project, you have to analyze all the white paper. In addition, see also road maps, concepts and team profiles.
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Seeing legitimate and not difficult projects. But we can analyze the whitepaper first. After that, see the roadmap, team activities on the telegram and see who the project is working with. At least if you do this, it will minimize the scam project.
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Even if we carry out a complete analysis of the project, according to the above criteria, it is impossible to guarantee the success of the project.
Therefore, you should always do the analysis, make your own decision.
Do not shift responsibility to others.
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It is exceptionally hard to figure out which ventures are genuine and not trick, in light of the fact that there are numerous great ICOs but rather the Bounty Hunter simply get few profit by ICO.
I prescribe you to see the distributions accommodated the abundance program, and you should see the abundance supervisor whether the administrator has great or awful records. At long last attempt to comprehend the vision and mission of the venture whether it makes you intrigued by taking an interest in the undertaking
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see the road map, team activities on the telegram and see who works with the project. At least if you do this, it will minimize fraud projects. Seeing legitimate and not difficult projects. But we can analyze the whitepaper first.
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You must analyze all white paper. In addition, see also the road map, concepts and team profiles. If you want to make sure that the project is a legitimate project, you must see who the manager is. If the manager has experience in the ico project, then it can be said that the project is legitimate.
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The team is the key, visibility matters and it would be hard to see a project with a very visible team that turned out to be scammers in the end, I always research about the team thoroughly before I either invest or participate in the bounty.
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I think you need to look at the white book and check the smart contract, and participate in those generous places that have gathered a soft cover.
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Read the White Paper and study the project. The project should cover a vast market and community.
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Certainly in whitepaper you can get certain technical information about the project, but you would not be able to distinguish whether the project is destined to fail or not. It doesn’t mean that some projects are scams. Sometimes, there are huge technical issues and then people just give up on it
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Although of late it is not easy to get access to genuine or successful projects, you need to do due diligence by reading the whitepaper and studying other important lines including the background of the team behind a particular project before deciding to take part in a particular project.
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There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
Before I go into investing into any project, I'll first of all look at the problem the said project is trying to solve and what measutes it'll device in solving that project moreso, I'll look at the teams behind the project and also ask more relevant questions on the telegram group before going into investing in the project.
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It's impossible to know for sure but you'd better pay attention to the project's background and its ideas on future implementation - on how it's really suitable for a real person or the world
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I think you should pay attention to the technology behind the project, the concept (whether it is feasible in your country), the team. The project should occupy a niche in the market, not duplicating what is already there.
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Always check if the project's goal is feasible, look for the background of team members involved in the development of the project, check the whitepaper because it my be just a plagiarized content. But you know sometimes even the legit project might turn into scam when they can't do their goal and they haven't reach their softcap or hardcap to continue to the development.
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In my opinion best thing to look at community. If it is active in all sources and there is hype than this is 50%. Other 50% is design of website and if developers riding on some conferences.
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Yeah it is so many project dude and many money and legit
But dude you should analyze it might be a scam or it might drop because me i already have a project and it's cool dude just choose wisely and make time to read and stuff and be patient for you earning it takes a lot of time but to the end crypto will make you 😃smile
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Its not very easy to know which broker is legitimate and which one is scam, especially if you are a new trader. That is why you must first do your homework before investing in any project since most of them use similar confusing strategies that may seem genuine even if they are not
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Before investing into any projects, I always advice people to make good research about them, know there founders, read whitepaper, know the kind of problem the project wants to solve and amongst all.... Observe and ask questions in there social media before investing..
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Choosing a legitimate project is very difficult and cannot be differentiated from scam projects, because the scam projects comes up with convincing ideas, with well and nicely arranged white paper. A strategy a friend told me was, "...go through the project team list, the social medias and how often they make updates..."
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Do not get straight into a project and trust it immediately. You need to research well about a new project on the internet and on several crypto forums. You must have to get full confidence before investing in any project. Consult other traders as well in this regard!
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Just ask some one or search for a good ang legit bounty or just ask a freind ...but for me i should recommend you that you should...hmmmmm.search for you own dude ...because the important thing of finding a bounty is to analyze it and you must be wiser to avoid scam well that all
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Ahmmm me again here some tips to select legit and awesome project
Step 1 ...you must be wiser and brilliant of the project your gonna go on
Step 2..... And you must be cool and dont be so inpatient and you must clear your brain to analyze it and thanks ang goodluck..
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I find that there are still no guarantees that any project will make success. You can do your research and analysis and check the Whitepaper, but still, there is there just might be some technical issues for whole project to go busted. You can only put your confidence on management and project team
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Ahmmm wow cool post all of you guys....their a lot of nice post ..but for me .my opinions is how to get legitimate project... So we must be wiser more brilliant ...... And you must avoid scam and alwayd analyze it ..so to select legit project is to have your mind clear
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Wow cool post all of you it ...hmmm really help me...and now the topic is how to select good project well..i got a tip for you ...just open your brain and dont waste time just do you best...and be wiser and expect that your greater that who you are right now.
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let me tell you As a general guideline, search for the project’s website and whitepaper. It is one of the most reliable methods of ensuring the legitimacy of a crypto project. Every project publishes a whitepaper that explains the project’s goal, idea, and architecture of the underlying blockchain and other technology. The whitepaper is available on the project’s website. Read it and cross-check the information with other sources. then invest your money in
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Finding a legit project can be an exhausting task. Especially since they craft it to look legitimate, you have to pay attention to details. Check their authenticity and how long they've been there etc. it is important to be cautious and alert in this market.
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There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
It seems difficult to select a legitimate project.
Crypto currency is anonymous.
We should have knowledge and experience to be.
Learn White paper and man behind the project.