Kronos
Kronos 4 minutes reading from Bitcoin

Strong Projects in Crypto

Want to research strong Projects in Crypto ?

Want to get those big 100x , 500x and change your life?

Then read this Thread and keep these points in mind while you look into different projects....

Thread 🧵

BTC ETH GNS AZERO

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Begin by establishing your investment objectives and risk tolerance. This will assist you in narrowing the list of potential projects to those that correspond to your investing approach.

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Do some research on the project's technologies. A strong cryptocurrency project should have a well-thought-out idea in addition to a distinct use case for the token.

You'll see 100s of projects with same use case and you must be able to differentiate between them.

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For more information on the project's objectives and long-term plans, read the white paper and other related documents.

Most people don't want to research before investing. Would you really throw your hard earned money into something you know nothing about ?

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Take a look at the project's advisers and development team. A project's likelihood of success may be best predicted by a competent team with relevant experience.

Most of the Projects that are typically Pump and Dumps have the same bad team.

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View the project's online presence in the community and on social media. A healthy project may have a robust and vibrant community.

If a Project is responding to all it's community's questions and making changes based on the community then it's a big plus.

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Take into account the project's rivals. How does the project stack up against other projects of a similar nature?

Take a look at DEXes now. GMX GNS KROM BFR MVX. There are tons of similar projects, you must be able to differentiate between them.

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Look into the collaborations and partnerships for the project. Partnerships with well-known businesses or organizations can improve credibility and development potential.

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Follow the project's activity on cryptocurrency exchanges. This might help you gauge the amount of enthusiasm for the project and its potential for development.

Stay away from Projects that promise pumps and returns other than product updates.

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Carefully Examine the Tokenomics of the Project. Scam projects tend to have most of their coins allocated to team members under various names such as Marketing , Growth , Product , Ecosystem etc. Look at below example and how most of the allocation is for the Team to dump.

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The most important thing is do not neglect to diversify your holdings. Instead of investing all of your money in one cryptocurrency, it's often a smart idea to spread up your investments among several different projects.

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This is a thread I made on Projects that I researched.

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KILT ROUTE GMX GNS AKT BTRFLY ATOM BNB

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This post is based on this twitter thread.

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