Before investing in a crypto project, I always go through these 5 steps. You should too."
1. The team: who is behind it?
> I first look for the founders: have they launched other projects before? Do they have a real presence on LinkedIn, Twitter?
Red flag: anonymous or untraceable founders, or too “marketing-oriented”
2. The use case: what is it really for?
> Does the project solve a real problem or is it just a passing trend?
I check if the product is usable today (testnet, dApp, active site).
No clear utility = no investment.
3. The token: why does it exist?
> What is the token for?
Can it be used in the ecosystem, or is it just for speculation?
I also look at the total number of tokens and the distribution (team, investors, public…).
4. The community: are there real users?
> I go on Twitter, Telegram, Discord. I look for:
Real activity (not bots)
Substantive discussions (not just “Wen Lambo?”)
Active support
5. The timing: is it too early or too late?
> I prefer projects that are still young but promising, not those already at x100.
I also analyze market cycles.
Example: avoid buying a project at its peak, even if it’s good
Conclusion:
This is not a perfect method, but it has helped me avoid quite a few pitfalls.
Do you have another step that you add to your checklist? Share it in the comments.#DYOR #CryptoInvestment #AnalyseCrypto