What is a crypto project review? Should you read crypto project reviews before investing?
Reviewing a crypto project, in a word, is an act of consultation from an “inside person” to provide “outsiders” with objective and transparent information about the project they wish to invest in.
It’s 4.0 era, don’t read crypto project reviews, don’t invest!
In the context of rife with fraudulent cryptocurrency projects, it is difficult for investors to find good and worthy investing projects. Therefore, investors need crypto review platform or communities to find more information about the crypto project they intend to invest in. In other words, information and data from real investors will be a solid foundation of belief, contributing to reinforcing the decision to invest or not.
86% of investors will always take the time to read a crypto project review before investing in a project (according to a survey from Glassdoor site). Also based on another survey from Glassdoor, 3 out of 4 people will read at least 4 reviews of crypto projects before making a decision. Similarly, 7/10 people are willing to change their decision to apply to the company, based on what they read and draw from crypto project reviews.
From a project perspective, reviewing a crypto project has created a new challenging playground called “Review platform”. From the investor’s side, these sharing and evaluation lines have become a “powerful tool” when giving the right to decide the “image of the project” into the hands of investors. This is also understandable because they are the ones who spend money to invest in the project.
Consider crypto project review as a reference tool
We can’t deny one thing: crypto project reviews have really contributed to helping many investors find good projects, even x2 x3. With only a few lines of thought, but enough to influence the thoughts of many people, the crypto project review lines really have a great influence on the investor’s “investment or not” decision.
However, in terms of the negative effects that crypto project reviews can have on the project in general, and the actual experience of the candidate in particular, we should only consider this as a basis for reference for your final decision.
Let consider crypto project reviews as an objective source of information to strengthen your decision.
What should investors do to give the most accurate reviews?
To be able to evaluate and give a review in the most correct way, investors need to actively list the following key questions and answer them themselves, in order to help themselves have enough grounds to evaluate and make decisions. investment and vice versa:
- Is this project practical? What is its application?
- Roadmap, Whitepaper, branding of these projects, are they professional?
- Who is the application of this project for? Is the user file large? Does the community support them?
- What features of the project did you use? Have you invested in the project yet? And what was the result?
- What are the advantages and disadvantages of this project?
- Is the idea that the project came up with the first idea or are there other projects with similar ideas? What are the results of similar projects?
- Is this project worth the investment?
- On which exchange is this project open for sale, CEX, DEX or is it being funded on any platform? Is the platform reputable?
With money-related decisions, we often hear the phrase, “Better to swallow than to wipe away tears!”, so reading reviews is one of the indispensable steps when you invest in any crypto project.
TrustGem.io is the review platform you need most with the most honest reviews from people who have invested in the project. That’s right, at TrustGem, the reviewers are the investors who invested in that project, so the reviews you read at TrustGem are all honest reviews and have very high reference value.
Learn about TrustGem HERE!
