How to identify good projects before investing in crypto projects?

in hive-183397 •  4 days ago 

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Assalamu Alaikum

How are you all? Hope everyone is doing well, So today we will try to know the things that we should pay attention to before investing in Crypto projects, So let's start -
1. Team

Before investing in a project, we need to know first whether there is an experienced and trusted team behind it,
And we need to know their work history and whether there has been any successful project before,

2. technology

What is the technology of this project! And whether this project is working properly and whether it can grow bigger in the future,
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3. Tokenomix

It is very important to know about this, what is the total supply of tokens,
And how will the rest of the tokens be brought to the market, what is the utility? Many times it is seen that there is a high supply of tokens, they launch a limited amount of tokens in the market, due to which the price of tokens is good, later when the remaining tokens are launched in the market, the circulating supply starts increasing, due to which the price of tokens gradually starts decreasing,
So it is very important to see,

4. Community

We need to know how strong the community of the project is and how active they are?
In Crypto projects, people's trust and enthusiasm are very important, as a result of which investors are not afraid to hold for a long time!

5. Roadmap

It is necessary to know about the future plans of the project, what is their roadmap?
Usually, projects plan to list on larger markets in the future and bring the mainnet in the future,
And as a result, investors' confidence in the project increases,
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Before investing in any project, you should know these five things,
So I hope everyone understands, so I am ending here today, everyone be well, Allah Hafez

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How to identify good projects before investing in crypto projects? Is a great article.

You are absolutely right and community and social influence play a very important role in all this.

Thank you So much Brother, This Comment inspire me,
Take Love