Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Thitical Crinker on January 10, 2024, 05:37:22 PM
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
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Providing answers to your question might be quite difficult because i find it hard to comprehend. If your roommate gets a job for an upcoming crypto project, then it's definitely in form of a contract were he/she might be paid at the end of the day. The payment might be in form of the crypto itself or any other agreed terms. And it also means that he/she is well equiped with the neccesary knowledge inorder to get the job.
Do you want to get into crypto by making investment?, Or you want to find a crypto job?.
If you want to make any investment, then it's advisable you make research yourself. Your decision matters in bearing every risk attached.
If you want to find a crypto job, then it's also advisable you get yourself equipped with the necessary information by also making research. Getting a crypto job isn't for those that don't understand how it works.
If I didn't provide the neccesary answers, kindly notify me and explain the post in details.
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If you want to do research then simply learn about that project, first set your goals like what you want to achieve in your research for example the TOC (Table of Contents) after that you can easily perform your research. In the current era finding new research proposals has become so easy with the help of AI and you are still struggling to do research about an existing topic.
Well, here is an example. I used to be a bounty hunter on BTT and when I had to write an article, I simply checked the website, whitepaper, telegram (often), and Twitter. These few things gave me an idea of what the project is about and in what way I have to show it in my research. A little bit of creativity is also necessary. I hope it will be of some help to you. If you lack some then use AI but still creativity would be needed there too.
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Upcoming crypto? so is this an ICO or what?
Hmm buddy. ICOs are a thing of the past. Obviously, I don't know the exact project but if it's an ICO, there's a reason why people are super skeptical about them now -- because most of them either turned out to be unprofitable or scams. I think before anything else, it would be better to weigh down the risk.
To be frank, I think people who just started their crypto journey should as much as possible avoid those with extreme risk and stick with holding bitcoin long term for starters.
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Welcome to Crypto Currency Welcome in advance if you are thinking that you will be involved with Crypto Currency very soon. You will find general knowledge about crypto currency in this section of this forum. Even if you want to know the basics, you need to be familiar with cryptocurrency first and try to familiarize yourself with the various sections of this forum. I think if you spend time on the forum from the ideas you will get from the various videos, you will learn more from the videos and have the opportunity to share your views on this forum. So quickly implement the plan you have made as you hope to learn and learn about cryptocurrency quickly.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Have you checked with your roommate to confirm the essential details about the project? Basic information is necessary to conduct further research on that particular project. There are various ways to find information, such as using Google search, social media, or even different forums like here in AltcoinsTalks.
If you lack basic information about the project, you can directly ask your roommate for the details and request the links to the project. This will help you determine if the project is in its early stages and when it will be launched, so you can get early as soon as possible.
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I think the forum is blocking my post when asking about the company by name, so that is not going to work.
Well, I might be new to this forum but I find it really weird it would block a name, maybe the url of that company yes that would be a thing to percent spam, but the name? And I find it even weirder that you didn't press the issue with the mods here to fin out why it would have been banned, as that would have already answered a ton of question!
Well, here is an example. I used to be a bounty hunter on BTT and when I had to write an article, I simply checked the website, whitepaper, telegram (often), and Twitter. These few things gave me an idea of what the project is about and in what way I have to show it in my research.
And what's the percentage of dead projects in the ones you advertised?
Or even more importantly, have you actually held to those coins and not dumped them the moment you got them?
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
When it comes to research Google is your best friend, you can first try doing a Whois lookup https://www.whois.com/whois/ so you can determine the age of the domain then you can do a variation of your research with keywords attached to it like the company name plus keywords like the word scam if the company is over a year old then there should be a results everything that about the company that are written about the company will be indexed by the search engine.
Better check who are the people behind the company and check the reputation of the group, people on the internet there are Crypto projects that use fake names so don't easily trust these kinds of people.
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@Thitical Crinker, the forum itself can block certain words or URLs programmed for this purpose. The administration and moderators take care of many things, one of those things is spam and shilling. Spam, of course, has no place on the forum, there is a specific section for shilling. Your deleted or blocked posts may be due to shilling outside of that section. Please read the following links when you can to better understand how the forum works:
Forum rules (https://www.altcoinstalks.com/index.php?topic=3171.0).
What is a shill? What is shilling? (https://www.altcoinstalks.com/index.php?topic=115068.0).
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Christ, I completely forgot to get back to this thread, I am sooo sorry!!! I wanted to research his employer because they looked like they were doing something I am working on (investment safety in dogotal currencies, ie. new crypto models that are harder to get scammed by) and well I wanted in lol. Turns out they are a very closed circle of investors so I can not get in even if I want. I am still researching them because I believe my roommate gave them some of my work without permision but for now this is all I know. Their website which is what my roommate is working on for them is just a page because nothing is open to outsiders. Rich people dont like to share i guess. oh well.
If anyone gets an invitation from them i would love to know more. Maybe there are some big shot investors here who are more lucky then me!
Edit: I did the research on other websites because this forum does not allow me to include the name of the company/project. They send me a very meme filled private message basically calling me a dummy for mentioning the company/project by name lol!
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What a weird company. Why would they send you a meme response if you are legit asking the right questions for them? Sounds like a scam project if that's how they behave for every question related to their work. On the other hand, I'm still confused about what kind of company you're trying to get involved in. Are they an investment VC so your friend sent your portfolio list to get accepted into their VC circle and allowed to make private deals, or what?
If you don't even share their name, how can we tell if we get an invitation or not? Surely you can at least share their key details so we can find out whether we're talking about the same company or not in the future. How did you do your research anyway? Using Google to find their website page and then stop there because they don't share anything else? I never heard a VC being so secretive.
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You can try to search for the background of the developers. Check their tokenomics or the designed economics for their coins. The validity of the road map and see whether the developer has the ability to make it to reality. Do not be hyped by the promises of the project after all it is only just a promise, what matters is knowing whether the developers have the ability or not.
It is good to ask them a direct question but never rely on their answers because they can always butter up their responses, there have been many cases like this where the project developer is so good at their talking but in the end, they are unable to deliver.
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What a weird company. Why would they send you a meme response if you are legit asking the right questions for them?
Oh no, the meme response was sent by someone on this forum, telling me to stop "promoting" the company/project by asking about information about them. I dont understand it either, but I feel I should follow the rules. Noy sure if it will get the thread banned now, so well... the name is brassmint. I doubt you will get much from that, anyway, but now its there.
I never heard a VC being so secretive.
I am starting to think that is the point. You never hear about them BECAUSE they are secretive. I only found out because I looked at what he was doing for them (web design) and saw his billing. They seem to just not want anyone to notice them. which makes me notice them even more of course!!!
It is good to ask them a direct question but never rely on their answers because they can always butter up their responses, there have been many cases like this where the project developer is so good at their talking but in the end, they are unable to deliver.
I tried. As mentioned they seem to not care about someone like me. I should prob give up but the few things i have learned just make me angry they are walling me out.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Well, I think you should be patient first with this new crypto mate. You shouldn't be in haste to invest in new project flooding the market. Since your friend was hired as a web worker(I guess you meant a developer) then he might just be able to hint you about the project. Now on your own, you should be able to observe the new projects markets supply and it's price movement after it has been launched. Take your time to study the coin if you so wish to invest in it. Don't forget that you should avoid FOMO when it comes to crypto Investment as this will prevent you from making wrong moves and probably losing your money.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
It is not easy to do due diligance about a project by a newbie in crypto. but it is certainly important to do that before investing.
Here are Few suggestions:
1: Verify their Team Members: make sure they are real persons, and not just copying other team's identities.
2: Verify their Token/Coin's audits: see if their token is audited by a trustworthy auditor such as CERTIK.
3: See if they have Good partners: Don't just belive them. check if the projects they claimed to be partners with also made the announcement or not.
4: check how active and supporting their community is. join their discord or telegram and see what other people talkinga bout them.
these are some basic things you can do. but even after all these some projects still turn out to be frauds. Basically there will always be some risks when investing in new projects. so keep this in mind whenever you want to invest.
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@Thitical Crinker, have you tried searching your roommate's GitHub/GitLab profile? If he is an experienced developer, he may have a profile on one of those sites. If he has a profile and it is public, you may be able to access the information you are looking for. You can also visit your roommate's social networks, in case he says something about the project. In any case, I don't understand why a company can hide information as simple as a website, no matter how big the investors are.
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Op if you don't have the key words of the company then you can't get to the name of the company even you use Google or any other search 🔍 machine or engine. It you can check your roommate managerial profile list if the name of the come is there. But even at that it will be hard for your to detect the particular site. So what I want will advise you is that you just have to leave it and focus on the familiar project and invest in them.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
If you wanted to invest in a company like an early investor then you have to see the potential of the team and other venture capitalist and big investors who are interested in that platform. If you are a newbie and don't know how to hunt good projects then become a small sucker fish that move with big sharks and when the sharks do hunt they also get some part of the food. You can do the same.
You can follow the big sharks and can see if they are interested in the platform in which you are interested then you should move onto the next part and that is, when should you book your profit from that platform, I suggest when you started to make 2x book some of your profit like 50% and when you made 3x to 5x then book the capital you had invested and play with the profit you had gain it will become pressure-less trading for you. Don't forget to review the audit, team, authenticity, transparency and Whitepaper of the project before investing in it.
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In doing research you first need to know what your topic is. How do you do research if you don't know what you actually want to research? Then you can take the help of AI if you want to start with that matter. Currently AI has achieved a lot of prosperity. Through this you can start getting different types of resources. In this way, you will go deeply into all the subjects that will come. Then hopefully you can achieve success in research. But research subject is not that easy as you need to spend good amount of time on this subject. Then hopefully you will get results through this in the near future.
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First thing you, do a research about and how this business flow what point of view you need to ve improve. Don't pressure your swlf to much, learn step by step. Or maybe you rent a mentor to teach you the basic ways.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
If the conditions are like this and are not convincing enough, and it seems difficult to obtain various information from the company, to be honest, I will never be interested in investing in such a project. it really looks like a scam Yes, let's just say that your friend is working and still getting paid. but your friends may not know or don't want to know anything about it, the important thing is to get the benefit of the doubt. So what else to expect?
just do research from the 'who is' website
transparency of the team mate and platform
not doing hype
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Doing research is as easy as doing your homework back in school days. All you have to do is to get the name of the company I'm question, make Inquiries of what they offer and their terms of service. You can also check for partnership and co operations. Investing In well know company will save you the stress of making working decisions but you still have to do research no matter what.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Doing research is as easy as doing your homework back in school days. All you have to do is to get the name of the company I'm question, make Inquiries of what they offer and their terms of service. You can also check for partnership and co operations. Investing In well know company will save you the stress of making working decisions but you still have to do research no matter what.
It's not as easy as you think. Doing research back when you are studying may be easy as you only need to look for basic information without digging deep for more important information. It's not the same as using google and then putting up what you are looking for, the first website or the information you see is what you think it is.
However, if you put more effort and time into doing research, there are more things you need to do. Like looking for different websites to look for information, comparing the information that you are looking for, verifying that information, and so on.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Trying to jump on a big project before it gets too big isn't a bad idea at all but there are so many things to first put into consideration.
Maybe the reason the forum is blocking your posts might be because the forum is relatively unknown or you're asking the question in the wrong board.
I would've suggested you try searching the company name on other search engines, like Bing or DuckDuckGo. If you still can find more about the company then it means they're still very new and not yet known.
So you can try checking the company's website, blogs as well as their social media profiles, perhaps that way you could learn more about their services as well as their team members. Also try checking if their team members are active on social medias too.
You could also try looking at their whitepaper too, to know about the company's goals and plans.
Also try looking at crypto communities to see if there's anywhere the company has been mentioned or what people think about the project.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
1. Have a basis. I mean pick some factors that will help you if the project is investable or not. For ex. the tokenomics, the developers behind the project, the transparency, etc. Have a checklist.
2. Speaking of transparency, asking on their different social media platforms would be advisable as well because you will get straight up answers from the developers or might be community managers themselves with regards to the project. With this one, you will know more about the project.
There are many more and these are just some of the ways for you to improve your researching. At the end of the day, even you will do 4 hours of researching regarding that project per day, even the project is good, and the developers are transparent enough for you to get attracted if they decided to scam you, they will scam you anytime. :) Hard truth.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
We need to know how we can make research in cryptocurrency before we could venture into any, if we don't know the basis for doing that, then there are means in which we can adopt and use to make sure that we have an idea on what we are going in for, we have online learning materials, articles and this forum as well could serve as a means of learning, we also need time and the ability to endure taking risk and managing it before investing it.
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It sounds doubtful since the company was blocked, if it is true that everything has been planned to really be built, a new company that hasn't even been founded yet can look for a reputation first by responding to various kinds of feedback from other people. Blocking is the same as shutting down communication, so this is definitely very suspicious... it's better to leave early, rather than jumping too far with them.
There are still many projects that have better prospects, try to explore those that have a better chance of generating profits.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Get as many details as you can from your roommate since he has been hired by them so he must know something about the project because I can't think of an employee knowing nothing about the company they are working with. Once you are done with that, start from their website, look at how it's built, whether it looks professional or not, and see how it's designed and developed. A poor project will always have a poorly designed website.
After that, read their whitepaper, and make sure that you copy random paragraphs from it and search it on Google to see if the content is original and hasn't been copied from somewhere else. Last but not the least, keep an eye on their social media handles, see how active they are and how much engagement they get from their followers, ec.
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Being a newbie to crypto, your friend has a lot to do in putting you through it truly you both are friends indeed, secondly, you don't call it company or work, instead, crypto project or coin, when you have the required idea needed on what crypto is, their various kinds and how you could safely invest without having higher risk to loss of fund, then you may start from somewhere with the little amount of money you can afford to loose on your investment, also never forget these two things, make research and take risk.
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After that, read their whitepaper, and make sure that you copy random paragraphs from it and search it on Google to see if the content is original and hasn't been copied from somewhere else. Last but not the least, keep an eye on their social media handles, see how active they are and how much engagement they get from their followers, ec.
Now these methods don't seem useful enough, because white papers can be blinded easily using ChatGPT,
even creating a crypto project will be very easy now.
Of course, the most effective way is AI against Ai, and of course any writing made by Ai will be easy to know.
There's a lot more that needs to be researched about projects, about how teams work, whether teams are doxing or projects that are transparent enough, all have to be known.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Isn't it enough that if he gets a job and gets paid by that company, that's enough for him? Then if we are worried about him then we will just observe him first. Especially if he doesn't want to vary what company he works for. because maybe he wants privacy for this. just leave it. As long as you don't encounter anything suspicious later and he doesn't need to give money to the company. So, fix it first and keep observing.
However, if you actually want to invest in that company, I suggest no, or don't. because the dictionary still doesn't know anything about the company and is very unsure. So what makes you invest in investment?
It would be much better to invest in things that are already quite strong like Bitcoin and top altcoins. Don't take extremely high risks even though you don't yet understand them.
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we have online learning materials, articles and this forum as well could serve as a means of learning, we also need time and the ability to endure taking risk and managing it before investing it.
I agree with you. But as for OP, it is understandable that the online site does not have enough information about the project, and it is obvious why online is not very informative about a new project. It is because they are fairly new and have not published news or details on their website yet.
If someone wants to be the early user of a project, they should wait and check their official and check their community as well. For example, a crypto project should have their social media and their community as well. They should have their whitepaper or other documentations. If we are unable to find any of them, we should not invest blindly.
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Isn't it enough that if he gets a job and gets paid by that company, that's enough for him? Then if we are worried about him then we will just observe him first. Especially if he doesn't want to vary what company he works for. because maybe he wants privacy for this. just leave it. As long as you don't encounter anything suspicious later and he doesn't need to give money to the company. So, fix it first and keep observing.
However, if you actually want to invest in that company, I suggest no, or don't. because the dictionary still doesn't know anything about the company and is very unsure. So what makes you invest in investment?
It would be much better to invest in things that are already quite strong like Bitcoin and top altcoins. Don't take extremely high risks even though you don't yet understand them.
Yeah, no matter how big the company is, no matter how promising the project seems, it is still a new project and has to compete with hundreds of thousands of other crypto projects in this harsh market to survive. I would not dare to put my faith in a project like that if it is not well-promoted, does not have a transparent team, and does not have a large investment fund backing it. We have many new and successful projects to choose from in this cycle, there is no reason to risk our capital on a project that has not yet gained a foothold in the market.
Investing in top coins is always a safer, more time-saving and easier option. The profits from a completely new project can be very large if it is successful, but the risks are extremely high, to the point where investors could lose all their capital. I do not encourage new investors to participate in such investments.
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Yeah, no matter how big the company is, no matter how promising the project seems, it is still a new project and has to compete with hundreds of thousands of other crypto projects in this harsh market to survive. I would not dare to put my faith in a project like that if it is not well-promoted, does not have a transparent team, and does not have a large investment fund backing it. We have many new and successful projects to choose from in this cycle, there is no reason to risk our capital on a project that has not yet gained a foothold in the market.
Investing in top coins is always a safer, more time-saving and easier option. The profits from a completely new project can be very large if it is successful, but the risks are extremely high, to the point where investors could lose all their capital. I do not encourage new investors to participate in such investments.
Nowadays, having a large investment coming from big companies is a factor already on whether that new project will be a successful one or not... or at least the token of the project will have a value. We've seen new projects that are being backed by Binance, and in exchange, they might be getting a portion of a total supply of the token. What's good in this one as well is that they will be listed on the most popular exchange as well through Launchpads at first.
I've seen projects being backed by popular investors, projects being that promising enough, projects that can be attractive to investors for some reasons, projects that have detailed whitepapers, and they are ending up as a scam project. I don't know if it's only me, but I don't invest into new projects anymore because like you said, it still needs to compete with other projects with the same category as that project, and they still need to prove that they're different from the ones that are existing already.
Also, you said that investing in top coins is safer than investing in new projects and that's true that's why that is what I'm doing currently. Investing into top coins saves more time doing research compared to researching those new projects. It also reduces the risk since they already have a huge market cap. Although it doesn't change the fact that even though they are at the top, there's a chance that they will rug pull their investors, at least investing into the top coins lessens the risk.
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Nowadays, having a large investment coming from big companies is a factor already on whether that new project will be a successful one or not... or at least the token of the project will have a value. We've seen new projects that are being backed by Binance, and in exchange, they might be getting a portion of a total supply of the token. What's good in this one as well is that they will be listed on the most popular exchange as well through Launchpads at first.
At the beginning of the launch when using launchpad, it seemed like a definite promise that there was Binance or another large company ready to support the related project. However, some of the tokens launched using Launchpad are still not guaranteed by large companies to become successful projects. There are still many projects that fail even though they have collaborated with Binance.
I think this goes back to the movement of developers and teams. If only the team and developers could be more creative and active in realizing their project plans, maybe that would be an encouragement for new investors to come in and buy coins naturally.
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Investing in top coins is always a safer, more time-saving and easier option. The profits from a completely new project can be very large if it is successful, but the risks are extremely high, to the point where investors could lose all their capital. I do not encourage new investors to participate in such investments.
Top coins like Bitcoin and Ethereum are undoubtedly for long-term investment.
You don't need any research, it's just that you also have to pay attention to what price you get in. Since the determination you can profit more is that you can enter at a fairly low price, don't enter just because FOMO occurs.
And for a new project that is indeed good will be very hype, this provides an opportunity to double profits if it comes in early.
But it would be a big loss if the project turned out to be just a garbage and Rugpull project.
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To be honest here, there are some things we need to know ho we are going to make research on because if we don't have the full knowledge to do such, we will not be sure of what we are seeing online to be real or fake and we couldn't know where and how to narrow our search, this will also help us to avoid being a victim to scam, we must know how to discern from what is good and bad and this will only start from how we are able to adapt to learning the means.
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Top coins like Bitcoin and Ethereum are undoubtedly for long-term investment.
You don't need any research, it's just that you also have to pay attention to what price you get in. Since the determination you can profit more is that you can enter at a fairly low price, don't enter just because FOMO occurs.
And for a new project that is indeed good will be very hype, this provides an opportunity to double profits if it comes in early.
But it would be a big loss if the project turned out to be just a garbage and Rugpull project.
+1... Trusting a coin that is already running and has a big name is the easiest way to avoid fraud. We can buy top coins directly through existing exchanges, the risk is not too big either. When compared to investing or purchasing new coins.
Making decisions will be very easy for those who already have experience in the crypto world, while risk considerations need to be made for those who are new to the crypto world. Either way, new people should try to understand Bitcoin or Ethereum first, before learning about memecoin or other AI coins. This is to avoid fraud which usually appears amidst the current hype of coin memes.
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I agree with you. But as for OP, it is understandable that the online site does not have enough information about the project, and it is obvious why online is not very informative about a new project. It is because they are fairly new and have not published news or details on their website yet.
I wonder how his research went. The last time I remember he was telling me the project name and why they are still unknown to the public. A quick search shows nothing of that company other than a basic webpage with very little info. Not sure if that's the right website for OP's friend project either. He needs to wait for more info since researching the team online will get him nowhere, might as well assume it is a fake project even if his friend is involved in it. Btw, I think some tips are not really useful for OP, or anyone who wants to research a new project in general. Most of them probably know that investing in BTC or ETH is safer, but they want to take more risk in investing in start-up projects. Well, I guess if OP finds that useful then good for him.
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+1... Trusting a coin that is already running and has a big name is the easiest way to avoid fraud. We can buy top coins directly through existing exchanges, the risk is not too big either. When compared to investing or purchasing new coins.
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Yes, but not completely have to believe because anything can happen in crypto, like the case of LUNA which became the top coin in the top 10 CMC but in the end only ended up in a scam and many lost and even committed suicide because LUNA crashed.
New Coins are only optional for short-term investment because they will only move quickly.
Just as entertainment and try your luck.
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Btw, I think some tips are not really useful for OP, or anyone who wants to research a new project in general. Most of them probably know that investing in BTC or ETH is safer, but they want to take more risk in investing in start-up projects. Well, I guess if OP finds that useful then good for him.
The choice to get out of the Safe Zone with new projects that could have provided 10x, 100x or even 1000x profits could have happened with hype new projects.
But it is difficult to get a new project that can generate big profits, and it also depends on how mentally strong we are to be able to withstand and do enough detailed research.
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To get a job in any company in crypto, you need to be well equipped with the necessary knowledge because they will hire you according to your qualifications and pay you crypto as a contract. There are many sites where you can search for the best companies and list their job requirements. Moreover you can earn good money from crypto investment. Here you can get familiar with all types of trading, holding format. If you want to make any investment, it is advisable to do your own research. Moreover crypto investment requires a risk-taking attitude.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
Little confusing topic, you are saying that your friend got hired for some webwork and in the last you mention about that you are looking for investing how do you select the project for investment and how do you start researching.
So the main point is you want to trading i.e. investment on crypto you don't know how to research mean analysis? Then for doing research you have to follow some basic thing like- who are the behind of that project, what is maximum supply, their roadmap etc. You can also follow the articles. And also learn about the technical analysis if you want to trading.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
The very first is, they should have a website. If they don't, then this only means that this project is not equipped with strong team. If they have a website, this first thing I will look for is the whitepaper. All the information we need can be found in whitepaper. If I don't see a whitepaper I will let go them. If they have a whitepaper, they will provide the information from a very small thing to a big one. You will know what the project really use for, their tokenomics, their roadmaps, and many more. If I see that the project is very essential in our crypto world then I will go for them.
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Top coins like Bitcoin and Ethereum are undoubtedly for long-term investment.
You don't need any research, it's just that you also have to pay attention to what price you get in. Since the determination you can profit more is that you can enter at a fairly low price, don't enter just because FOMO occurs.
Bitcoin and Ethereum can be for a long term or a short term. It depends on the target of the holders.
I think it still requires a research, we must analyze how long to hold the Bitcoin. Even if we understand the cycle, a research or analysis is still needed to ensure everything. Regarding the price, bearish is the ideal time to buy Bitcoin because the price is mostly in the lower level.
And for a new project that is indeed good will be very hype, this provides an opportunity to double profits if it comes in early.
But it would be a big loss if the project turned out to be just a garbage and Rugpull project.
It is quite rare to find out a new project with good fundamentals. Most of them are just shit projects, they will end up with 'scam' or 'rugpull'. Honestly, I'm not confident to invest in new projects nowadays because it is too risky for sure. As long as there are old coins with cheap prices, I prefer to invest in old coins.
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Yeah, no matter how big the company is, no matter how promising the project seems, it is still a new project and has to compete with hundreds of thousands of other crypto projects in this harsh market to survive.
Yes, this is why we as individuals must be more careful in every action we take to choose the projects we will invest in. because big companies do not always guarantee this and more in-depth observation and analysis must be carried out. That alone still cannot be separated from the risks it carries. Meanwhile here, we will invest our money there, so we have to be prepared for the risks. In my opinion, I agree with your suggestion that it is better to focus on top altcoins. Or even more Bitcoin than we just like gambling and don't know for sure.
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It is quite rare to find out a new project with good fundamentals. Most of them are just shit projects, they will end up with 'scam' or 'rugpull'. Honestly, I'm not confident to invest in new projects nowadays because it is too risky for sure. As long as there are old coins with cheap prices, I prefer to invest in old coins.
Rarely does not mean that there are none, there are many new projects launched these days that are quite successful and even supported by Binance Labs and some other big investors.
Fundamentally very good and in the long term it remains only to see how the project mechanics and whether it will be useful for the crypto ecosystem.
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Op, if Google doesn't give you a reliable result on your search, that is because they have not been any uploads from the company/ project. Because as far as I'm concerned, Google search covers both social media and online blogs. So if you don't get any reliable information from Google you might have to hold on a bit, but keep track on your search so you could be among the first to get access to it when it's officially out. However you sound more like a newbie, and I recommend you read the whitepaper of the project before making any Investing, and after you must have completed you research and you are confident enough about the project, then invest what you can afford to loose.
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However, if you actually want to invest in that company, I suggest no, or don't. because the dictionary still doesn't know anything about the company and is very unsure. So what makes you invest in investment?
It would be much better to invest in things that are already quite strong like Bitcoin and top altcoins. Don't take extremely high risks even though you don't yet understand them.
Yeah, no matter how big the company is, no matter how promising the project seems, it is still a new project and has to compete with hundreds of thousands of other crypto projects in this harsh market to survive. I would not dare to put my faith in a project like that if it is not well-promoted, does not have a transparent team, and does not have a large investment fund backing it. We have many new and successful projects to choose from in this cycle, there is no reason to risk our capital on a project that has not yet gained a foothold in the market.
That's one of the points, New projects always promise something very extraordinary, but old projects that are already stagnant in the market, don't need to be, they provide more development potential than promises. Because, indeed, it would be very useless if you only promise to promise something while the project turns out not to be able to enter the market, this is really useless.
Investment in a product must also be paid close attention. Not without reason, but that's the minimum you need to know about other people.
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Rarely does not mean that there are none, there are many new projects launched these days that are quite successful and even supported by Binance Labs and some other big investors.
Fundamentally very good and in the long term it remains only to see how the project mechanics and whether it will be useful for the crypto ecosystem.
Can't guarantee with new project will be success in the future although support by Binance Labs, I think many failed project before have supported with Binance Labs due lack investor interested and most of project lack trust of their owner. I think most important project will be success depend on trust of owner and want spend much money for listing fees on top exchange market, any project have not loyal developer and most of them won't spent high fees for listing their coin on the top exchange market.
Its the key of success some coins if want listing on top market easily will make many investor interested, its not problem get support by Binance Labs or not.
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work. How do I start on the basic research on a company like that to see if I should invest?
If I don't get your post wrongly then you are looking for investing crypto project . So if you are new then you must be know more knowledge about analysis then should be made investment. Even then you can follow some basic like know the max and circulating supply and about the market cap and how genuine the project is. My suggestion will be for you do invest on bitcoin for long-term investment if you new at this trading .
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My roommate just got hired for some webwork from what I think is an upcoming crypto and I want to get in early, but I am not used to doing research on new companies, and I think the forum is blocking my post when asking about the company by name, so that is not going to work.
Crypto is not the only industrial factor in the internet or web precisely so if your friend was hired for as said it could actually be other source of job aside Cryptos.
He said "your roommate" which means you know him too well and we here in the ALTCOINTLAK forum has zero knowledge about this this.
So it is impossible to give you answer to this question.
Perhaps... You can always ask him what kind of job was that he is being hired for then you can always come back to this forum and make your research particular on that site of company if it has potentials to what you expected.
So if you are not specific, you also can not get a specific answer to this.
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I don't know what type of company your friend is hired for but if you want to know about the company then you should make a research about it and see if it's worth to invest or not. If it's an ico then it's no longer a good sign to invest in it as ico is already in the past and most of it if there's new icos are mostly scam and you can hardly find a legitimate ico projects that are being made in crypto.
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I don't know what type of company your friend is hired for but if you want to know about the company then you should make a research about it and see if it's worth to invest or not. If it's an ico then it's no longer a good sign to invest in it as ico is already in the past and most of it if there's new icos are mostly scam and you can hardly find a legitimate ico projects that are being made in crypto.
In fact, when his friend doesn't want to tell him what kind of company he actually works for, this has become one of the basics for us not to need to invest in this project. Even if he is so doubtful and worried about his friend, what can he hope for? Maybe he hopes to help his friend or to get high profits from a new project, but looking at the situation like this, I'm not sure it's the right decision for him. For such entrepreneurs, it seems like a blind investment that will be very risky for their money in the future.
I also agree with you, this ethic concerns investment, so it would be much better if you invest in coins that clearly have a high market cap, top coins, are listed on top exchanges and have high trading volume. This will work out better with less risk than new projects like that.
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In fact, when his friend doesn't want to tell him what kind of company he actually works for, this has become one of the basics for us not to need to invest in this project. Even if he is so doubtful and worried about his friend, what can he hope for? Maybe he hopes to help his friend or to get high profits from a new project, but looking at the situation like this, I'm not sure it's the right decision for him. For such entrepreneurs, it seems like a blind investment that will be very risky for their money in the future.
Even though his plan is to help his friend but it doesn't mean that he will surely benefit from it at all. One thing that concerns me is his friend not telling what it is and only told him that it is a crypto project. As you have said, it will be a blind investment and there's no telling it will be a success once the project is fully launched and is operational.
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Can't guarantee with new project will be success in the future although support by Binance Labs, I think many failed project before have supported with Binance Labs due lack investor interested and most of project lack trust of their owner. I think most important project will be success depend on trust of owner and want spend much money for listing fees on top exchange market, any project have not loyal developer and most of them won't spent high fees for listing their coin on the top exchange market.
Its the key of success some coins if want listing on top market easily will make many investor interested, its not problem get support by Binance Labs or not.
yes you're right, not everything that is supported by BinanceLabs or backed by other big partners will be successful, it also depends on how their project model is and how developers become more loyal to the project and especially to their community.
There are many projects that fail and are not even launched due to internal issues or financing that is not on target.
but now projects that have been hyped with targeted funding will automatically be registered in Cex tier 1 and this is also a good opportunity for Cex to make a profit.
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I’d start by checking out their website and social media to see what they’re about and who’s behind the project. Look for news articles or press releases—sometimes you can find useful info there. Sites like Crunchbase or AngelList are good for getting a sense of their funding and investors. Also, poke around in crypto forums or Reddit threads; people often discuss new projects there. Just remember, always be careful and only invest what you’re comfortable losing.
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I’d start by checking out their website and social media to see what they’re about and who’s behind the project. Look for news articles or press releases—sometimes you can find useful info there. Sites like Crunchbase or AngelList are good for getting a sense of their funding and investors. Also, poke around in crypto forums or Reddit threads; people often discuss new projects there. Just remember, always be careful and only invest what you’re comfortable losing.
Objective writings are getting harder to find these days... you may see a lot of praise and awards for a project, but don't forget that it could also be a way for them to commit fraud... the cryptocurrency space is a very profitable space, so paid writings often appear on the internet to convince potential investors... and all of that is completely subjective because there is a collaboration behind it all to get better attention from users.
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Objective writings are getting harder to find these days... you may see a lot of praise and awards for a project, but don't forget that it could also be a way for them to commit fraud... the cryptocurrency space is a very profitable space, so paid writings often appear on the internet to convince potential investors... and all of that is completely subjective because there is a collaboration behind it all to get better attention from users.
That's true in almost every business space as of now. One thing I can suggest is to look for facts presented on those articles. Afterall, some paid-articles do contain some truth, albeit some of them can mean nothing for your investment decision. For example, looking for their backers, partners, license, basically anything verifiable. Ignore everything related to prediction, market value analysis with no data, positive reviews with little to no facts, etc. Unfortunately the problem with some people is that they can't distinguish facts with a narrative/opinion.