How do you go about finding good projects?

[alltalk]

If there is a project that has a large community, it means that the crypto project is good. Because if the project is bad, people will not want to support the project, so automatically if the project is good, it will bring people to want to support it. And this has a big influence on the project.

Large community doesn't guarantee the project to survive well a long time. The projects of meme coins have large community but we don't know how the future of the meme coin projects. Many of meme coin projects stopped after few months or years, we can't expect too much on the new meme coin projects because they have no strong fundamentals. So, we don't solely rely on the factor of large community because it can't guarantee the successful projects.

[Cryptsafe]

If there is a project that has a large community, it means that the crypto project is good. Because if the project is bad, people will not want to support the project, so automatically if the project is good, it will bring people to want to support it. And this has a big influence on the project.

Large community doesn't guarantee the project to survive well a long time. The projects of meme coins have large community but we don't know how the future of the meme coin projects. Many of meme coin projects stopped after few months or years, we can't expect too much on the new meme coin projects because they have no strong fundamentals. So, we don't solely rely on the factor of large community because it can't guarantee the successful projects.

A large community can guarantee good publicity and awareness of a project as they'd like but that does not guarantee the longevity of such a project. I will use Hamster Kombat as a case study and it was so popular that it sounded like a national anthem. It became the largest airdrop community of all time but what happened, where are they now, is anybody hearing about the project anymore? I believe the answer would be NO.

Projects of such nature build on hype and nothing much because they only have influencers and celebrities doing their paid job for them which builds the hype the project goes with them and after that, all of them dump on investors and go their ways just like the Trump meme coin and lots were trapped at high they bought.

[Wiwo]

With the issue around the token that Javier Milei (Argentina's President) endorsed, and how badly it turned out, it has become obvious that trusting top names or even celebrity with how you engage with crypto is very risky business.

It has become very obvious that more than ever before doing your own research is extremely important, and this only works if you know how to.

Some of the things to look out for is the cliche white paper and team behind the project, you also want to lookout for its tokenomics, to ensure the token distribution isn't just a cash-out plan for insiders. You can also use explorers to track the token's movement. These are just some of the few I remember, I'd also appreciate inputs under this for how others research projects they want to invest in.

Looking at a project white paper is very important but note also that White paper alone is not enough evidence to prove the legitness of a project, and we should not read all those new projects' white papers that we have not verified since it's proven that most and many white papers can be doctored and copied from other sources aside the project that claims to own it.

Let's say project B can copy the white paper of a successfully run project A and claims it to belong to them even though eventually they are lying, so relying on white paper is a bit more risky than it was before.

[doc]

With the issue around the token that Javier Milei (Argentina's President) endorsed, and how badly it turned out, it has become obvious that trusting top names or even celebrity with how you engage with crypto is very risky business.

It has become very obvious that more than ever before doing your own research is extremely important, and this only works if you know how to.

Some of the things to look out for is the cliche white paper and team behind the project, you also want to lookout for its tokenomics, to ensure the token distribution isn't just a cash-out plan for insiders. You can also use explorers to track the token's movement. These are just some of the few I remember, I'd also appreciate inputs under this for how others research projects they want to invest in.

Looking at a project white paper is very important but note also that White paper alone is not enough evidence to prove the legitness of a project, and we should not read all those new projects' white papers that we have not verified since it's proven that most and many white papers can be doctored and copied from other sources aside the project that claims to own it.

Let's say project B can copy the white paper of a successfully run project A and claims it to belong to them even though eventually they are lying, so relying on white paper is a bit more risky than it was before.

Many white papers are just copy paste from other projects, so we have to be careful in reading them.
Investing in a new project requires research and caution, because it is very risky.
Discussing the community in a new project is indeed needed, although it does not guarantee the success of the project because there must be good fundamentals.

[JorvikCoin]

With the issue around the token that Javier Milei (Argentina's President) endorsed, and how badly it turned out, it has become obvious that trusting top names or even celebrity with how you engage with crypto is very risky business.

It has become very obvious that more than ever before doing your own research is extremely important, and this only works if you know how to.

Some of the things to look out for is the cliche white paper and team behind the project, you also want to lookout for its tokenomics, to ensure the token distribution isn't just a cash-out plan for insiders. You can also use explorers to track the token's movement. These are just some of the few I remember, I'd also appreciate inputs under this for how others research projects they want to invest in.

Trusting celebrities or public figures in crypto can be risky. The best way to protect yourself is by doing solid research. Check the white paper, team and tokenomics to spot red flags like unfair distributions. Use blockchain explorers to track token movements and watch for sudden dumps. Also look at real use cases and community engagement. Hype alone isn't enough.

[milewilda]

If there is a project that has a large community, it means that the crypto project is good. Because if the project is bad, people will not want to support the project, so automatically if the project is good, it will bring people to want to support it. And this has a big influence on the project.

Large community doesn't guarantee the project to survive well a long time. The projects of meme coins have large community but we don't know how the future of the meme coin projects. Many of meme coin projects stopped after few months or years, we can't expect too much on the new meme coin projects because they have no strong fundamentals. So, we don't solely rely on the factor of large community because it can't guarantee the successful projects.

Speaking about meme coins then we do know that they do have that strong community at first but once those who have bought on the bottom had already cashed out, then they would be that totally stop and look for another coin and the cycles goes on. The only ones who would be that left out is into those who had bought on the peak on which this is the usual case and this is why its never been that recommended that you should be focusing alone with that kind of sentiment because you wouldnt really be able to make up some finalization that this is a good meme coin. This is where people do say that this is one is really that like a gambling because there are no fundamentals that backing up these meme coins and just simply driven with FOMO and hype and once it dies down then it will be totally not be able to recover.

[Cryptsafe]

Many white papers are just copy paste from other projects, so we have to be careful in reading them.
Investing in a new project requires research and caution, because it is very risky.
Discussing the community in a new project is indeed needed, although it does not guarantee the success of the project because there must be good fundamentals.

You are right, when investing in a new project, one needs to have basic knowledge about the project they are putting their funds so that they do not run into scammers. These days, crypto investment is far beyond just reading the white paper because that is just a fake, and scammers now use it to get at their victims who have no idea how the system works, they know most investors want to see it so they could have clues about their project and this alone makes them plagiarise other projects whitepaper and the investors who have no idea would just be deceived and put their funds into a fake and scam project.

On the other platform last year, there were lots of projects that were exposed as a result of plagiarism and it was obvious that it was a word for word and with just a little difference which wasn't hidden. The community was able to spot it and they got nuked for that act. You could imagine that if the community had noticed it immediately, they could have had their way and made away with investor's funds. These days it is now far beyond the whitepaper but the team involved and what the project has been able to come up with and they launching their presales on a reputable platform worth the investment so that investors would have that confidence in putting their funds in their project.

[Vx1]

If there is a project that has a large community, it means that the crypto project is good. Because if the project is bad, people will not want to support the project, so automatically if the project is good, it will bring people to want to support it. And this has a big influence on the project.

Large community doesn't guarantee the project to survive well a long time. The projects of meme coins have large community but we don't know how the future of the meme coin projects. Many of meme coin projects stopped after few months or years, we can't expect too much on the new meme coin projects because they have no strong fundamentals. So, we don't solely rely on the factor of large community because it can't guarantee the successful projects.

If it is a meme coin project, the large community here is not to support the sustainability of the project. But they only want to get a momentary profit, and after they get profit from the meme coin then they will leave and look for a new meme coin. But unlike the layer 1 project, this community has a strong commitment to the growth of the project.

[Faisal2202]

With the issue around the token that Javier Milei (Argentina's President) endorsed, and how badly it turned out, it has become obvious that trusting top names or even celebrity with how you engage with crypto is very risky business.

It has become very obvious that more than ever before doing your own research is extremely important, and this only works if you know how to.

Some of the things to look out for is the cliche white paper and team behind the project, you also want to lookout for its tokenomics, to ensure the token distribution isn't just a cash-out plan for insiders. You can also use explorers to track the token's movement. These are just some of the few I remember, I'd also appreciate inputs under this for how others research projects they want to invest in.

Analyzing on explorers to track the token's movement is the best way to be ahead of all the community except the ones also analyzing. If the project team has good tokenomics like most of the funds are not held by the owner of the project then the project might not rug pull like happened with Argentina's President.
 
Most of the funds of that project were in holdings of the owner and when there was enough liquidity, he sold them all and President was the main picture of promotion so he was blamed whole everyone traded and promoted was equally responsible for what happened as it was a generic mistake from everyone.

[electronicash]

With the issue around the token that Javier Milei (Argentina's President) endorsed, and how badly it turned out, it has become obvious that trusting top names or even celebrity with how you engage with crypto is very risky business.

It has become very obvious that more than ever before doing your own research is extremely important, and this only works if you know how to.

Some of the things to look out for is the cliche white paper and team behind the project, you also want to lookout for its tokenomics, to ensure the token distribution isn't just a cash-out plan for insiders. You can also use explorers to track the token's movement. These are just some of the few I remember, I'd also appreciate inputs under this for how others research projects they want to invest in.

Analyzing on explorers to track the token's movement is the best way to be ahead of all the community except the ones also analyzing. If the project team has good tokenomics like most of the funds are not held by the owner of the project then the project might not rug pull like happened with Argentina's President.
 
Most of the funds of that project were in holdings of the owner and when there was enough liquidity, he sold them all and President was the main picture of promotion so he was blamed whole everyone traded and promoted was equally responsible for what happened as it was a generic mistake from everyone.

too bad for that man. his reputation suffers from then on. you can't just expect someone who knows BTC and supports BTC but to track tokens of a project he promotes i don't think he knows that at all. and that man also has numbers of enemies.

there is no way to find a good project but to wait til its among the top tokens on CMC. all other tokens are not good until it has climbed up the ranks.

[enwi]

If there is a project that has a large community, it means that the crypto project is good. Because if the project is bad, people will not want to support the project, so automatically if the project is good, it will bring people to want to support it. And this has a big influence on the project.

Large community doesn't guarantee the project to survive well a long time. The projects of meme coins have large community but we don't know how the future of the meme coin projects. Many of meme coin projects stopped after few months or years, we can't expect too much on the new meme coin projects because they have no strong fundamentals. So, we don't solely rely on the factor of large community because it can't guarantee the successful projects.

If it is a meme coin project, the large community here is not to support the sustainability of the project. But they only want to get a momentary profit, and after they get profit from the meme coin then they will leave and look for a new meme coin. But unlike the layer 1 project, this community has a strong commitment to the growth of the project.

It is evident that the community in the digital asset world has its unique features. It may encompass people who are looking for quick and easy deals, as well as those who are interested in actively participate in development of the project in the long run. This is quite reasonable indeed, as people have personal motives and expectations when coming to decision-making. But, of course, if values are carried out, technologies are well thought out, all the team members had their dreams, there is always a group of people who will see that this project is viable and further work on it. Therefore, the ultimate rate of sustainability of a project is hinged on the value such a project brings to the community not the glamour they seem to have at first sight.

[doc]

With the issue around the token that Javier Milei (Argentina's President) endorsed, and how badly it turned out, it has become obvious that trusting top names or even celebrity with how you engage with crypto is very risky business.

It has become very obvious that more than ever before doing your own research is extremely important, and this only works if you know how to.

Some of the things to look out for is the cliche white paper and team behind the project, you also want to lookout for its tokenomics, to ensure the token distribution isn't just a cash-out plan for insiders. You can also use explorers to track the token's movement. These are just some of the few I remember, I'd also appreciate inputs under this for how others research projects they want to invest in.

Analyzing on explorers to track the token's movement is the best way to be ahead of all the community except the ones also analyzing. If the project team has good tokenomics like most of the funds are not held by the owner of the project then the project might not rug pull like happened with Argentina's President.
 
Most of the funds of that project were in holdings of the owner and when there was enough liquidity, he sold them all and President was the main picture of promotion so he was blamed whole everyone traded and promoted was equally responsible for what happened as it was a generic mistake from everyone.

too bad for that man. his reputation suffers from then on. you can't just expect someone who knows BTC and supports BTC but to track tokens of a project he promotes i don't think he knows that at all. and that man also has numbers of enemies.

there is no way to find a good project but to wait til its among the top tokens on CMC. all other tokens are not good until it has climbed up the ranks.

I think your suggestion is good, we can say a project is good if it is already in the top CMC coin, this is a proof. But if it is already in the top CMC coin of course the price is already expensive. We also have to have a good analysis in conducting research on new projects that will become top coins in the future, this requires experience and I do not yet have the ability to analyze and predict which projects will be good in the future.

[vegasus]

Large community doesn't guarantee the project to survive well a long time. The projects of meme coins have large community but we don't know how the future of the meme coin projects. Many of meme coin projects stopped after few months or years, we can't expect too much on the new meme coin projects because they have no strong fundamentals. So, we don't solely rely on the factor of large community because it can't guarantee the successful projects.

I agree with this. There are several things, I once found that a telegram group that had a lot of members and the group seemed active, but it turned out that it was a buzzer or fake account that was deliberately created to attract real investors. But not all groups are like that. There must be several other factors that convince us that it is a scam or not. But we must be much more careful. It would be better if we already know and understand some things about the project so that we will not easily fall into fraud and scams.

[dekafee79]

Large community doesn't guarantee the project to survive well a long time. The projects of meme coins have large community but we don't know how the future of the meme coin projects. Many of meme coin projects stopped after few months or years, we can't expect too much on the new meme coin projects because they have no strong fundamentals. So, we don't solely rely on the factor of large community because it can't guarantee the successful projects.

I agree with this. There are several things, I once found that a telegram group that had a lot of members and the group seemed active, but it turned out that it was a buzzer or fake account that was deliberately created to attract real investors. But not all groups are like that. There must be several other factors that convince us that it is a scam or not. But we must be much more careful. It would be better if we already know and understand some things about the project so that we will not easily fall into fraud and scams.

Actually, there are many groups that only contain influencers or fake accounts to attract other members or investors so that the group looks active.
I think that's their strategy, I don't consider it a scam because they only promote their project by making their group active.

[UNIVERSE]

Actually, there are many groups that only contain influencers or fake accounts to attract other members or investors so that the group looks active. I think that's their strategy, I don't consider it a scam because they only promote their project by making their group active.

Yeah, you are right. Some groups can't be trusted, they are only the people who spread false issues. Or they are paid for promoting certain projects. So, we don't fully trust on any social media group, it is better to do own research.

I personally prefer to choose old projects. Or the projects that look like to have good development. I don't choose new projects anymore in this cycle, I can't trust any new project. We have top coins, why we don't choose those top coins projects.