Tag Archives: bitcointalk

Quick and Easy quide to Crypto Fundamental Analysis

There are literally thousands of different CryptoCurrency/Blockchain projects out there and new ones launching everyday. This makes it very difficult to quickly assess which ones look promising and which dont.

So below are the key points you need to look at to get a good idea to if a project warrents further research before buying/investing, mining, staking or starting a Masternode.

  1. Key Figures: Look up the key-figures like current marketcap, circulating supply, total supply; compare the these to other projects/competitors in the space on Coinmarketcap.com . For example, if you look up NEBL, compare it to the marketcap of STRATIS e.g.; when it comes to the supply look for anomalies, like a small circulating supply but a huge total supply. And if this is the case, you should check their distribution model later, things that could have a negative impact include large premine, very high new coin issueance/infation and concentration of holdings. 1-2 minutes
  2. Project Activity: Check out Bitcointalk.org for the official announcement thread; here you will (or you should!) find essential information about the idea and concept of the project. More important, you can see pretty fast how big and active the community and the official team; most devs are active in their threads. Have a look at recent comments and get a general feel for where the project is heading 3-5 minutes
  3. Github Activity: It is also wise to check the latest GitHub respositories. However be aware that an empty or not recently updated GitHub doesn’t mean a project is dead, this is a common rookie mistake. If other indicators are showing activity of the (dev)-team it’s fine. 2-3 minutes
  4. Website: is there detailed information about the project, like a decent whitepaper? A roadmap? Informations about the team? Do they link to their social media accounts like Slack, Twitter, Reddit, if so, is there activity? 5 minutes

If after checking all the above, the project still looks promising then you need to do a more in depth analysis. However this should give you a decent idea of how good the project is and help to avoid fakes, scams and dead projects,