Recently, I have observed many investors' approaches and discovered an interesting pattern: many people buy cryptocurrencies as if they are playing the lottery, watching the price charts every day, getting excited when prices rise, and losing confidence when they fall. However, based on my five years of experience in this field, I know that price charts only reflect short-term market sentiment fluctuations. What truly determines whether a project can generate long-term value ultimately comes down to two factors—the quality of the team and the cohesion of the community. I have seen projects with beautiful candlestick charts that ultimately lost all their funds, and I have also seen projects with highly volatile candlestick patterns but with a loyal community that created real value in the end. The difference lies here.
Let's start from the "people" perspective, focusing on the project team. This is the first key indicator I use to evaluate a project—an honest and reliable team. Even if they encounter difficulties initially, they usually find ways to overcome them; whereas an unreliable team, no matter how appealing their concept, will eventually collapse.
How to judge whether a team is capable? The first thing is to see if they dare to reveal their identities publicly. If the core members are all anonymous and only speak behind nicknames, be extremely cautious. Unless, like Satoshi Nakamoto, they have a solid technical background to support them, but such cases are almost nonexistent. Most teams hiding in the shadows have a simple goal—making it easy to disappear after their scheme is complete.
Next, check their professional backgrounds. You can look up these individuals on LinkedIn or GitHub. If team members have previously developed successful technical products or held core technical positions at top tech companies, the project's credibility will significantly increase. Conversely, if the entire team consists of "newbies" in the crypto industry with no relevant professional experience, you should be extra cautious.
Now, let's look at the "community" aspect, which is actually the lifeblood of a crypto project.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
TrustlessMaximalist
· 15h ago
It's the same theory again... It's not wrong to say that, but I've seen too many projects with flashy resumes on the surface that are all talk and no substance. Having a good LinkedIn profile is useless.
Does anonymity necessarily mean you're a scammer? Some genuine builders are actually low-key. Your standard for judgment is a bit too absolute.
View OriginalReply0
TommyTeacher
· 15h ago
Anonymous teams are just red flags, I've known this for a long time, I've stepped into too many pits.
Checking backgrounds can really save your life; a quick LinkedIn check reveals everything.
Candlestick charts look nice but are useless; the community is the key. This needs a detailed explanation.
Those who watch the market every day are truly treating investing like gambling; their mentality has long since collapsed.
Satoshi Nakamoto is an exception; don't expect to replicate that. Most anonymous teams nowadays just want to run away.
Reliable teams can withstand even temporary dips; this is my years of blood, sweat, and tears lesson.
View OriginalReply0
BottomMisser
· 16h ago
Well said, another money-losing trader who watches the market every day. I've seen too many like that, each thinking they can see through the K-line haha.
That whole anonymous team thing, I really can't take it. Do they really think they're Satoshi? Wake up, everyone.
View OriginalReply0
TokenRationEater
· 16h ago
Those who watch the market every day are all rookies, basically gamblers. The ones who really make money are studying team backgrounds and community loyalty.
Anonymous teams are basically a sign of a rug pull, and there's no doubt about that judgment. But honestly, now even resumes can be faked, how ruthless do you have to be?
The community cohesion part really hit home; I've seen too many cases of project teams and communities falling apart.
Having a beautiful candlestick chart is useless; what's important is whether someone is actually working. But choosing projects is easier said than done.
Team transparency is very important, but let's not be too naive; there are too many scammers in the crypto space.
View OriginalReply0
rugpull_ptsd
· 16h ago
Is it those people who get blinded by candlestick charts... I just want to say, does anyone still use "morphology" to predict coin prices? LOL
The team wants to run after remaining anonymous? It should have been checked earlier, to avoid being cut multiple times
The point about community cohesion is well said, but truly sustainable projects are few and far between. Most just fall apart when the main players dump their holdings
Nakamoto's example... Bro, are you being sarcastic? Do you really take him as a reference standard?
View OriginalReply0
PseudoIntellectual
· 16h ago
It's the same story again, claiming that as long as the team is reliable and the community is strong, you can make money. So why are so many people still losing everything?
Does anonymity necessarily mean a backup plan for exit scams? That's hilarious. Some projects are just for safety reasons.
Looking at resumes is indeed a good trick, but I've seen plenty of inflated resumes on LinkedIn as well.
No matter how solid the team and community are, during a bull market, prices still surge wildly; during a bear market, they crash through the bottom. Nice words to hear.
Recently, I have observed many investors' approaches and discovered an interesting pattern: many people buy cryptocurrencies as if they are playing the lottery, watching the price charts every day, getting excited when prices rise, and losing confidence when they fall. However, based on my five years of experience in this field, I know that price charts only reflect short-term market sentiment fluctuations. What truly determines whether a project can generate long-term value ultimately comes down to two factors—the quality of the team and the cohesion of the community. I have seen projects with beautiful candlestick charts that ultimately lost all their funds, and I have also seen projects with highly volatile candlestick patterns but with a loyal community that created real value in the end. The difference lies here.
Let's start from the "people" perspective, focusing on the project team. This is the first key indicator I use to evaluate a project—an honest and reliable team. Even if they encounter difficulties initially, they usually find ways to overcome them; whereas an unreliable team, no matter how appealing their concept, will eventually collapse.
How to judge whether a team is capable? The first thing is to see if they dare to reveal their identities publicly. If the core members are all anonymous and only speak behind nicknames, be extremely cautious. Unless, like Satoshi Nakamoto, they have a solid technical background to support them, but such cases are almost nonexistent. Most teams hiding in the shadows have a simple goal—making it easy to disappear after their scheme is complete.
Next, check their professional backgrounds. You can look up these individuals on LinkedIn or GitHub. If team members have previously developed successful technical products or held core technical positions at top tech companies, the project's credibility will significantly increase. Conversely, if the entire team consists of "newbies" in the crypto industry with no relevant professional experience, you should be extra cautious.
Now, let's look at the "community" aspect, which is actually the lifeblood of a crypto project.