How to effectively research a crypto project before jumping in

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#1Oct 25, 2020, 11:00 AM
A lot of folks just get into crypto without knowing how to really research projects. They might follow some influencer and end up losing cash based on bad advice. Imagine being able to do your own research and make smarter choices, better than the guy you’re following. The goal here isn’t to find the next big thing but to dodge the bad projects and boost your chances of success. First things first, pick a project to research. Don’t just grab anything randomly. Focus on a specific area like Layer 1 or Layer 2 solutions, AI combined with crypto, DeFi infrastructure, real-world assets, gaming, or decentralized physical infrastructure. It helps to have a clear direction.
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#2Oct 25, 2020, 12:08 PM
+1 to that! Picking a narrative is key.
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#3Oct 26, 2020, 05:33 AM
What if I wanna research everything though?
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#4Oct 26, 2020, 07:38 AM
That’s a bad idea. You’ll just end up confused.
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#5Oct 26, 2020, 12:20 PM
I think narrowing it down makes sense. You can really dig deeper.
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#6Oct 26, 2020, 05:39 PM
But how do you pick which narrative? Any tips?
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#7Oct 26, 2020, 07:53 PM
Just go with what interests you or what you know about.
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#8Oct 27, 2020, 06:55 AM
Not sure if that’s enough... what if it’s just hype?
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#9Oct 27, 2020, 10:27 AM
Gotta do your own digging. Don’t rely on others.
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