How to do basic research?

[taufik123]

-snip-
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.

[Makus]

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.

[vegasus]

.....
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.

[bounceback]

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.

[|MINER|]

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 .

[EluguHcman]

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.

[nakamura12]

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.

[sampoerna]

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.

[nakamura12]

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.

[taufik123]

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.

[Hridoy7788]

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.

[bayu7adi]

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.

[joniboini]

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.