Some Golden Tips To Consider On Your Research
💠Does the token actually have some kind of required usecase or use in the ecosystem or is it just a cash grab by a company so they can have free money to build their products? And or get rich off of un needed tokens ?
💠Team backgrounds , do they have previous blockchain experience? are their faces public? If not , why ?
💠Circulating supply (and MCap )
💠Token release schedule , (amounts and time frames , how often are tokens released into circulation( team tokens + seed or presale )
(The more tokens constantly put into circulation increases the mcap with the price staying the same and not rising hence the less chance of gains and the more chance the price keeps dumping )
+
Any Node rewards? Lp farming rewards, amounts?
💠How many xs has it done from presale and or seed sale and what was the seed / presale price and what's the price now ( more xs its done the more likely there's gonna be constant sell pressure from seed / presale / IDO )
💠Is the chart relatively bottomed or has it done 3x 5x 10x in the last weeks or months and or is it near all time highs ? If so 99/100 times it's a no go
💠How big are the top wallets on etherscan or other block Explorers that are normal peoples wallets that are not locked in smart contracts ( bigger the wallets potentially the more sell pressure as they dump constantly after they are 3x 5x 10x up )
💠Is there a live working product or live testnet with mainet coming any time soon ?
💠Is the roadmap busy and plenty on the way? ( normal people only stay excited if there's alot of news on the way to keep them entertained or they sometimes dump and move on )
💠Is the team active on telegram and or social media to keep the investors interested and update product progression ?
💠Marketing - outside of social media + telegram? Sometimes tweets to the same audience won't cut it
💠Partnerships, is anyone using / integrating the products or will in the future ? If so have you looked deep enough to see if the partnerships are legit ?
💠Competitors market caps (for potential price and mc TP + sell targets)
💠Website, is the UI / Graphics decent or does it look like a 12 year old made it in 1 hour ? Does the website have the links to buy the token the first thing you see and linked everywhere ? If so can be a red flag for me
💠Narrative, is the project within the current narrative cycle/trend. if so is the narrative a short lived hype cycle that will come and go or an ongoing longer term narrative like L1 blockchains , gaming + metaverse + defi ( this can be difficult to grasp and is important to get right to understand if you will only hold this for a few X and sell or keep the project for months )
💠Community, is there an active community shilling the token if no because its under the radar currently do you see the project and narrative becoming a hit and a community formed
💠To save time when researching, a few red flags immediately viewable on CoinGecko are:
🚩 Sub $50k volume (there’s usually a good reason why no one is trading it)
🚩 3+ year old project (there’s usually a good reason why they haven’t gotten noticed after years)
🚩 Been on the market for 6-12 months+ and still only on Uniswap or Pancakeswap (legit projects always work towards CEX listings)
🚩 Viewing the chart, it’s already had multiple pump and dumps, or it had one just recently. Try to find things that look like this: \_._._ and not like this: \/\/\/\_
These are just red flags you can see by looking at coingecko, there are many more which are covered above.
Keep in mind that some red flags are not as big of a deal as others. Some point towards fraud, some point towards poor marketing (which can be fixed), etc. So if a project scores 8/10 it might be worth investing, depending on the severity of the pluses and minuses. Rarely do you see a 10/10. And even a 6/10 can do 50x if it has a few big things going for it such as first mover advantage.
❤️, Noble Ironside ✍️
💠Does the token actually have some kind of required usecase or use in the ecosystem or is it just a cash grab by a company so they can have free money to build their products? And or get rich off of un needed tokens ?
💠Team backgrounds , do they have previous blockchain experience? are their faces public? If not , why ?
💠Circulating supply (and MCap )
💠Token release schedule , (amounts and time frames , how often are tokens released into circulation( team tokens + seed or presale )
(The more tokens constantly put into circulation increases the mcap with the price staying the same and not rising hence the less chance of gains and the more chance the price keeps dumping )
+
Any Node rewards? Lp farming rewards, amounts?
💠How many xs has it done from presale and or seed sale and what was the seed / presale price and what's the price now ( more xs its done the more likely there's gonna be constant sell pressure from seed / presale / IDO )
💠Is the chart relatively bottomed or has it done 3x 5x 10x in the last weeks or months and or is it near all time highs ? If so 99/100 times it's a no go
💠How big are the top wallets on etherscan or other block Explorers that are normal peoples wallets that are not locked in smart contracts ( bigger the wallets potentially the more sell pressure as they dump constantly after they are 3x 5x 10x up )
💠Is there a live working product or live testnet with mainet coming any time soon ?
💠Is the roadmap busy and plenty on the way? ( normal people only stay excited if there's alot of news on the way to keep them entertained or they sometimes dump and move on )
💠Is the team active on telegram and or social media to keep the investors interested and update product progression ?
💠Marketing - outside of social media + telegram? Sometimes tweets to the same audience won't cut it
💠Partnerships, is anyone using / integrating the products or will in the future ? If so have you looked deep enough to see if the partnerships are legit ?
💠Competitors market caps (for potential price and mc TP + sell targets)
💠Website, is the UI / Graphics decent or does it look like a 12 year old made it in 1 hour ? Does the website have the links to buy the token the first thing you see and linked everywhere ? If so can be a red flag for me
💠Narrative, is the project within the current narrative cycle/trend. if so is the narrative a short lived hype cycle that will come and go or an ongoing longer term narrative like L1 blockchains , gaming + metaverse + defi ( this can be difficult to grasp and is important to get right to understand if you will only hold this for a few X and sell or keep the project for months )
💠Community, is there an active community shilling the token if no because its under the radar currently do you see the project and narrative becoming a hit and a community formed
💠To save time when researching, a few red flags immediately viewable on CoinGecko are:
🚩 Sub $50k volume (there’s usually a good reason why no one is trading it)
🚩 3+ year old project (there’s usually a good reason why they haven’t gotten noticed after years)
🚩 Been on the market for 6-12 months+ and still only on Uniswap or Pancakeswap (legit projects always work towards CEX listings)
🚩 Viewing the chart, it’s already had multiple pump and dumps, or it had one just recently. Try to find things that look like this: \_._._ and not like this: \/\/\/\_
These are just red flags you can see by looking at coingecko, there are many more which are covered above.
Keep in mind that some red flags are not as big of a deal as others. Some point towards fraud, some point towards poor marketing (which can be fixed), etc. So if a project scores 8/10 it might be worth investing, depending on the severity of the pluses and minuses. Rarely do you see a 10/10. And even a 6/10 can do 50x if it has a few big things going for it such as first mover advantage.
❤️, Noble Ironside ✍️
❤6👍4🔥3
Yeah, some may be outdated or needs to be updated. But if you put up with this without bias when researching on your alts, then you surely would outperform a lot of persons.
Enjoy the weekends warriors 😊👍
Enjoy the weekends warriors 😊👍
❤8👍1
Forwarded from Arcane Gems (Sapphire (LGBTQ ARC))
I can’t take the pain anymore
Goodnight warriors
Take the weekend off and stay away from the chart
You would only hurt yourself watching it
If you aped great bags, then wait for them to reprice if you truly believe in them.
❤️ and 💡
Take the weekend off and stay away from the chart
You would only hurt yourself watching it
If you aped great bags, then wait for them to reprice if you truly believe in them.
❤️ and 💡
❤5🔥1😁1
$HALO also falls into this category of projects hunting bugs and future exploits before they happen.
A lot of projects audit are static and they never recheck.
These protocols help them check comprehend future exploits worths hundreds of thousands, millions, and billions of dollars....and most especially users trust.
If a user is hacked on a protocol or loses money from their security shortcomings, he/she wouldn't was to use that platform again, and what happens? Users leave, protocol activity declines and the project slowly dies.
There's too many AI projects, infra and platforms today being built and integrated daily into finance, fintech and crypto projects.
We click, use and engage them frequently since they bring ease and speed to us, and may not know what we are yet vulnerable to by using these platforms.
Projects like Mythos and Halo are pushing to solve these issues.
You may not understand now, but these are really serious issues that could affect the finance industry in the long term if solutions like these aren't being built.
A lot of projects audit are static and they never recheck.
These protocols help them check comprehend future exploits worths hundreds of thousands, millions, and billions of dollars....and most especially users trust.
If a user is hacked on a protocol or loses money from their security shortcomings, he/she wouldn't was to use that platform again, and what happens? Users leave, protocol activity declines and the project slowly dies.
There's too many AI projects, infra and platforms today being built and integrated daily into finance, fintech and crypto projects.
We click, use and engage them frequently since they bring ease and speed to us, and may not know what we are yet vulnerable to by using these platforms.
Projects like Mythos and Halo are pushing to solve these issues.
You may not understand now, but these are really serious issues that could affect the finance industry in the long term if solutions like these aren't being built.
❤2
The repricing for $Litcoin will be televised once we have a clear direction for this market
❤5