Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Cryptochamp1 on December 15, 2024, 07:33:09 PM
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As a web3 enthusiast, gaining quick access to new launches is always advantageous as it provides an edge. However, the process can sometimes be stressful—searching for on-chain data, filtering through information, etc.
In recent times, innovations have made this process easier. For example, Twitter search has proven helpful for locating new projects, but filtering relevant information remains an issue. Similarly, platforms like CMC and CG offer a lot of data, but filtering through it can also be challenging, potentially causing you to miss out on opportunities.
On the other hand, platforms like Launch X provide access to project tokens during their launch stages—similar to Launchpads but more sophisticated. Recent ecosystems like Hyper Liquid and SUI have rolled out similar features.
So, my question is: as an experienced web3 user or a newbie, how do you discover new projects? Do any of my suggestions work for you?
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So, my question is: as an experienced web3 user or a newbie, how do you discover new projects? Do any of my suggestions work for you?
There is a long time I don't look for new coins.
Back in 2017 , in the ico crazy, I discovered new projects in reddit and bitcointalk.
Nowadays a good way to discover new projects is to chase airdrops.
For example, Learn Bitcoin has a topic about airdrops.
Airdrops are mainly about projects which didn't launch yet.
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So, my question is: as an experienced web3 user or a newbie, how do you discover new projects? Do any of my suggestions work for you?
In generally I always try to took the oldest project for investment which can be trusted for investment and also that can be brings a good benefit. Even then if I made some small investment on the new launched project but yeah here I also check by the coin market cap and also check them on the audit sites.
And after that if I see that is they have potential backers or the potential community and strong team behind of that project I choose for my small investment on that project because of begging some Moonbag.
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I completely relate to the struggle of discovering new projects in web3! I've been using Twitter search and CMC to stay updated, but filtering through the noise can be overwhelming. I will also try out new project on Launch X: Fuel Network (FUEL) and see if it is a game-changer for me. The ability to access project tokens during their launch stages will give a significant edge to make something in this bull market.
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I am sure that many people might be wondering of the same concern especially so that we are looking to have a big explosive bull run in 2025 where projects and their own coins/tokens might skyrocket to the MOON. As for me, I am not anymore actively looking for potential Web3 project to invest with as I am already full. But maybe if I ever go for something then I would also be using Twitter for announcements and CMC as well. Just wondering, is there a platform that vet on these new projects with maybe pros and cons for anyone to use as a guide? Good luck to all of us!
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Digging on your own is the only way to find the actual projects, there maybe telegram groups claims that they are doing such but all they do is shilling for projects to get paid in pennies and steal dollars from the investors so you just have to filter the information available on cmc and others and analyse it one by one to find the potential projects.
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X has made new project easy to find because their influencers will always be out there to hype the project for promotion. However, I don't like investing in new project because no one knows if the project will be profitable in the long run. This is why I do advice people to be very careful when they are investing on new project because it might just be another avenue to scam people.
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So, my question is: as an experienced web3 user or a newbie, how do you discover new projects? Do any of my suggestions work for you?
Your suggestions are great because most of the newly launched projects can be seen on X and if you’ve been active on the platform, you could get first hand information about them which is the most important thing, to get in earlier in projects like this. Some other people have some Twitter influencers who are into web3 and they are always on the watch out on their new projects to be promoted. Some Twitter influencers who are web3 enthusiasts get more first hand information that when you turn ON notifications for them, you’ll get in early to projects and get more reward than one who joins later.
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X has made new project easy to find because their influencers will always be out there to hype the project for promotion. However, I don't like investing in new project because no one knows if the project will be profitable in the long run. This is why I do advice people to be very careful when they are investing on new project because it might just be another avenue to scam people.
We also understand when there are new opportunities on the horizon, it’s good to be equal parts assertive and wary. Every step comes with expectation and pressure to consider every option with much rigour. Based on other people’s examples and data available to us, we can be conscious of things that are not seen to the naked eye. Intuition reminds us to pay attention to reality and defend ourselves while the facts help us make decisions that would benefit the cause. Proper choices instil a rationality that the actions being made are not for the present, but for the sturdier tomorrow.
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On the other hand, platforms like Launch X provide access to project tokens during their launch stages—similar to Launchpads but more sophisticated. Recent ecosystems like Hyper Liquid and SUI have rolled out similar features.
So, my question is: as an experienced web3 user or a newbie, how do you discover new projects? Do any of my suggestions work for you?
Ever since the ICO hype back in 2017, I never tried to invest into new projects because of what happened in the past few years.
If you're into crypto space for quite some, you will know that most of the new projects ending up as a scam project, an abandoned project, or if the coin has value, it just goes down, and down, and down. That's what's happening with most of the new projects that's why I don't even do some research onto them. Yes, the rewards are great, but it also has a big risk since anytime, they can just run away especially if the developers are anonymous.
Hyperliquid has been the hype in the past few weeks and its token just rise up more than 8x since it launched. Hmmm, I might do some research on that project as well. :D
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My own experience maked me realize that the new launches can be often ... how to say... dangerous. Yes, you can easily have a coin which will boom heavily, like I had about 3k ETH Blue just before it went up and I made some money from it at that time. But you can also land coins which despite the very good description will not move significantly like my investment few years back in Modex.
It is more like a gambling and not everyone is good with that in mind.
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X has made new project easy to find because their influencers will always be out there to hype the project for promotion. However, I don't like investing in new project because no one knows if the project will be profitable in the long run. This is why I do advice people to be very careful when they are investing on new project because it might just be another avenue to scam people.
It's actually easier to find projects on X but the information isn't filtered hope you know?. You need to sieve through tons of data if not you'll be rugged in no time.. for insurance X is where I found fuel sale is going live via launchX and I'm in their pre sale.. but it took allot of time and research.
(https://i.ibb.co/p0Bh24w/IMG-20241217-WA0016-2.jpg) (https://ibb.co/Wx4VnB5)
My own experience maked me realize that the new launches can be often ... how to say... dangerous. Yes, you can easily have a coin which will boom heavily, like I had about 3k ETH Blue just before it went up and I made some money from it at that time. But you can also land coins which despite the very good description will not move significantly like my investment few years back in Modex.
It is more like a gambling and not everyone is good with that in mind.
New launches with utilities isn't gambling .I can list 10 new launches this year that has created multiple ATH. Hyperliquidd, grass, purr, xion are just few. The key like I said is finding the right information and beating the other 99% of crypto users to it..
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Too many projects are being launched as time passes and that's not the main problem though. Actually the problem is more and more shady and Ponzi schemers are out there launching different projects. Back in the day it was easier to spot scam projects from things like setup goals, developers involved and even things like white papers.
It's actually getting more and more difficult to spot these projects. Different web3 users have their different ways of noticing new projects and for some they usually have a community where web3 related discussions and research is carried out.
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The truth is i don't look for altcoin projects, too many of them don't end up well, so i don't really waste time going after them. However, every new coin i got some information about, i did so when others talked about them, either on crypto forums or on social media.
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My main sources of information are X and Discord
On X you have to follow the users who post the content you're looking for. For example, if you're looking for airdrops, follow users who farm airdrops and are always posting new information
On Discord, join the communities you already know where people exchange information.
Now for the golden tip that I wish I know before: join a community that has the same goal as you, whether it's free or paid, but join it.
It can be on Discord, telegram, whatsapp, whatever, but a community always has valuable information and they always post about new projects
I know some good communities but in ly language (portuguese), try to find a good community in your language or in english if you are good at it
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The truth is i don't look for altcoin projects, too many of them don't end up well, so i don't really waste time going after them. However, every new coin i got some information about, i did so when others talked about them, either on crypto forums or on social media.
Altcoins doesn't end well but it's not all of them. I'm not a fan either but they are very good in maximizing usdt where you can convert it to your favorite Bitcoin. The way we are in bull run right now, Bitcoin is very high in value but it does not outperformed how altcoins has run this year alone, Bitcoin has did just 130% this year.
You can buy them before their launch and sell them at launch, even if you are able to make 3x of where you bought them, it's something reasonable to be able to buy more Bitcoin.
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It is my pastime to look for new launches or new projects and see how they have been with their development. This is hard to know whether they'll do good or not because no one will know if this is going to work for most of them. The crypto market is now becoming like the lottery and it gets harder to know for what projects are going to be discoverable and if they are going to perform very well like today, this is a bull run that no one will ever know if it will work or not.
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The truth is i don't look for altcoin projects, too many of them don't end up well, so i don't really waste time going after them. However, every new coin i got some information about, i did so when others talked about them, either on crypto forums or on social media.
Nada also needs to do research on the coin that is being discussed, because of course the potential of new coins is still unclear.
But if the new coin will be launched by an old project that is already well known, this could be a plus that the coin has the potential for the future.
I always check every coin I will buy, being early will be profitable, but this will also risk losing everything if the coin turns out to be a scam.
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As a web3 enthusiast, gaining quick access to new launches is always advantageous as it provides an edge. However, the process can sometimes be stressful—searching for on-chain data, filtering through information, etc.
In recent times, innovations have made this process easier. For example, Twitter search has proven helpful for locating new projects, but filtering relevant information remains an issue. Similarly, platforms like CMC and CG offer a lot of data, but filtering through it can also be challenging, potentially causing you to miss out on opportunities.
On the other hand, platforms like Launch X provide access to project tokens during their launch stages—similar to Launchpads but more sophisticated. Recent ecosystems like Hyper Liquid and SUI have rolled out similar features.
So, my question is: as an experienced web3 user or a newbie, how do you discover new projects? Do any of my suggestions work for you?
Well for me I am a newbie but I love making research so that I can be on the the same level with the professional, finding promising new projects can definitely feel like searching for a needle in a haystack. Although I just discovered platforms like LaunchX(BG new staking product) which have made it easier by providing access to tokens during launch stages, which really cuts through the noise.
While exploring further, I noticed Fuel Network is there and also on Poolx, a solid project that caught my attention. It’s refreshing to see tools like these offering structure and opening doors to real Web3 opportunities.
Well this is just my own opinion. I will love to hear what works for others!
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Nada also needs to do research on the coin that is being discussed, because of course the potential of new coins is still unclear.
But if the new coin will be launched by an old project that is already well known, this could be a plus that the coin has the potential for the future.
if a well known team makes a new project then there is less risk of course but it will still not be enough of a guarantee that the coin will be valued at a great price which is what we are all aiming for anyway at the end of the day some other signs that the project may be legit and could have great potential is even if the team is new if you see them organized active and engaged with the community this is usually a good sign for the project
I always check every coin I will buy, being early will be profitable, but this will also risk losing everything if the coin turns out to be a scam.
well i do not tend to go all out for new projects which for some people could be regrettable if the project turns out to be good but you also have to think which one weighs more: minimizing the losses or maximizing the profit and make your decision based on that
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if a well known team makes a new project then there is less risk of course but it will still not be enough of a guarantee that the coin will be valued at a great price which is what we are all aiming for anyway at the end of the day some other signs that the project may be legit and could have great potential is even if the team is new if you see them organized active and engaged with the community this is usually a good sign for the project
At least we can see their track record from the development and success of previous projects. However, it is true that all of that will not guarantee that their new project will also be successful. Yes, at least, this is one of the considerations. However, if they are a new team that we have just met and even if they are not a project that has a strong fundamental, especially just a kind of meme coins, then it seems that we have to look at many more factors, such as the most influential is the community of the new project, although this is also not a guarantee, but at least if the project already has a community with many members, and they dare to promote it quite significantly, then hype arises everywhere, then we can try to take it at TGE but with a small nominal. and optimize opportunities when listing then take profits, no need to hold longer
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However, if they are a new team that we have just met and even if they are not a project that has a strong fundamental, especially just a kind of meme coins, then it seems that we have to look at many more factors, such as the most influential is the community of the new project,
True, meme lives and dies based on the community. Token allocation and distribution are probably key factors, especially for meme coins. It's hard to imagine them growing as quickly as possible if the distribution to the community is low and expensive, they'll get left behind because people will call it a scam even though most developers are anonymous. It also helps that the market is in a bull cycle right now. I believe things will change significantly when the bear market hits, and we'll see a big filtering process that won't leave memes alone. DYOR.
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True, meme lives and dies based on the community.
a team really needs to give utmost importance to the community to the people that are participating in their projects because they are the one to break or make their project unfortunately a lot of projects do not take care of the community just because they only care about themselves and the profit they can make
Token allocation and distribution are probably key factors, especially for meme coins. It's hard to imagine them growing as quickly as possible if the distribution to the community is low and expensive, they'll get left behind because people will call it a scam even though most developers are anonymous.
yeah every project has to prove something first no matter how “good” a project may seem to be like they can’t oversell themselves and prop their project up only for it to list under an underwhelming price all the hype would have gone wasted
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As a web3 enthusiast, gaining quick access to new launches is always advantageous as it provides an edge. However, the process can sometimes be stressful—searching for on-chain data, filtering through information, etc.
In recent times, innovations have made this process easier. For example, Twitter search has proven helpful for locating new projects, but filtering relevant information remains an issue. Similarly, platforms like CMC and CG offer a lot of data, but filtering through it can also be challenging, potentially causing you to miss out on opportunities.
On the other hand, platforms like Launch X provide access to project tokens during their launch stages—similar to Launchpads but more sophisticated. Recent ecosystems like Hyper Liquid and SUI have rolled out similar features.
So, my question is: as an experienced web3 user or a newbie, how do you discover new projects? Do any of my suggestions work for you?
The best way is coinmarket cap where we can find new listings and top gainers and top losers etc. We can join any telegram group there must be one because it just not possible that there would not be any such group.
THe group can also give us the information about new listings there are groups that can tell us the dates for ICOs and listing of new tokens there are some groups which tells us the potential of new listing tokens but there are dedicated sites too.
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There are many ways we can so discover about new offers being launch in the crypto space, all we have to do is by following some of the crypto enthusiasts and official platforms on the social media, get updates from the crypto news sites like cointelegraph and the likes, then we may also get some reliable information regarding a project from the exchanges as well.
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Altcoins doesn't end well but it's not all of them.
Yeah sure it is not all of them, there are some that are successful, but the problem is finding them. People have made a lot of money from buying altcoins, but more people have lost.
You can buy them before their launch and sell them at launch, even if you are able to make 3x of where you bought them, it's something reasonable to be able to buy more Bitcoin.
This is not a bad idea for one who wants to gamble with altcoins, i have not thought about doing this, because how many coins or tokens do i have to buy to see if i will get lucky.
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You can buy them before their launch and sell them at launch, even if you are able to make 3x of where you bought them, it's something reasonable to be able to buy more Bitcoin.
This is not a bad idea for one who wants to gamble with altcoins, i have not thought about doing this, because how many coins or tokens do i have to buy to see if i will get lucky.
Yeah that's actually a quite fancy strategy but unfortunately it's not very applicable to the fullest in reality. You see most people that buy or mine huge chunks of these altcoins often store them on Centralised exchanges when very close to their launch date and time. And it's quite understandable since it's easier for them to sell off from there.
However buying before launch is not the problem here . The issue is selling off after the launch. Most Centralised exchanges lock trading of those newly launched coins for around 5 - 10 mins just after the global launch time and this means you can't swap or sell during that period and within that 5 mins price usually falls drastically.
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if a well known team makes a new project then there is less risk of course but it will still not be enough of a guarantee that the coin will be valued at a great price which is what we are all aiming for anyway at the end of the day some other signs that the project may be legit and could have great potential is even if the team is new if you see them organized active and engaged with the community this is usually a good sign for the project
A legitimate team is organized and always involves the community, but the most important thing is whether the developer is open or not with the community.
Because some devs will sometimes only get involved at the beginning and disappear when the price continues to fall.
I have a memecoin project with Dev Doxed who is always engaged with the community and always gives directions for what to do when the market is not good, he is always there for the community and the project doesn't just disappear.
A good developer and a lot of plans will make the project a reliable project in the end, not just a waste project that is left behind.
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It's hard for me to find new projects because I see that my ability to find crypto projects that will be launched is limited. I also see on Telegram channels that everything needs something that is very up to date and sometimes Telegram channels are also behind on information.
Sometimes I also see in this crypto community that there is something secret from the Telegram channel because usually newly launched projects have very high potential to increase, so some people on Telegram like to keep it secret. But after the coin price is high, it is shared to increase its FDV. That's how business works.
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There are many sites where you can get information about previous releases, those that are in progress, and those that will be released soon. Most are sites established during the ICO boom in 2016-2017, so the information is consistent and very detailed in most cases. Keep in mind that there are many more similar sites, but the older ones are always more reliable.
These are some of the ones I visit frequently:
IcoDrops (https://icodrops.com/).
IcoHolder (https://icoholder.com).
IcoBench (https://icobench.com/).
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It's hard for me to find new projects because I see that my ability to find crypto projects that will be launched is limited. I also see on Telegram channels that everything needs something that is very up to date and sometimes Telegram channels are also behind on information.
Sometimes I also see in this crypto community that there is something secret from the Telegram channel because usually newly launched projects have very high potential to increase, so some people on Telegram like to keep it secret. But after the coin price is high, it is shared to increase its FDV. That's how business works.
There are not limited, I think you have not been looking at the right place. If you go to Coingecko, check new listed coins and screenshot and do the same tomorrow, then compare yesterday screenshot and today screenshot, you will find out that hundreds of new coins are listed every day on coingecko, new projects with different backgrounds.
You can get access to new projects through participation in airdrops, there are many builders around aidrop projects, you can participate in one and also buy more if there is a public launch and you can also be looking at Twitter influencers that do support projects.
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There are many sites where you can get information about previous releases, those that are in progress, and those that will be released soon. Most are sites established during the ICO boom in 2016-2017, so the information is consistent and very detailed in most cases. Keep in mind that there are many more similar sites, but the older ones are always more reliable.
These are some of the ones I visit frequently:
IcoDrops (https://icodrops.com/).
ICODROPS has been my favorite website since a long time ago, I always look at the ICO details on icodrops and see what projects will appear soon and at lunching.
There have even been more ICO projects in the past that have made great profits and most of them have been quite successful, even though some are also scams and have never been listed on any market.
2016-2017 was quite an impressive time, earning a lot of BTC and ETH very easily that time.
Maybe I have worked on hundreds of projects through airdrops and bounties and I also entered for investation on some projects that were quite good and made profits even thousands of percent at that time.