How to conduct a market research for initial currency offers (OIC)
Blockchain increased and cryptographic currency led to the beginning of the initial supply currencies (OIC), where new projects collect funds from investors, issuing their own cryptographic currency. However, the implementation of market research is crucial to determining potential investment options, evaluating available market and determining the sustainability of the OIC project.
What is market research?
Market research involves collecting information about a specific topic or sector through different sources, including social media, on -line forums, sector reports, and analyst opinions. The purpose of market research is to obtain information that can help investors make informed decisions about investment in cryptocurrency projects.
Types of Market Research for Oic:
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- Social Media Analysis : Analyze lectures on social media related to a project, including tweets, posts and comments.
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- Competitors Analysis
: Analyze existing cryptocurrency projects and their market effect to identify possible advantages for a new project.
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Steps to conduct market research for OIC:
- Set your goals : Identify your investment goals, risk tolerance and time horizon before the start of market study.
- Select the search channel : Choose a reliable source of information aligned with your goals and budgets.
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- Evaluate the controlling development of : regulatory development of the study related to cryptographic currency and ICO to understand potential risks and options associated with investment in these projects.
Tips for conducting effective market research:
- Be objective : Access the market to research with a neutral perspective, avoiding personal prejudice or opinions.
- Use reliable sources : Make sure your research sources are credible and respectable.
- Keep in progress : continuously update your knowledge of trends and market development.
- Avoid excessive confidence : Do not overestimate potential investment reimbursement only in positive market feelings.
- Consider multiple perspectives : Analyze information from different sources to acquire a comprehensive understanding of the project.
Conclusion:
Complete market research is crucial to identifying possible investment options and assessment of the initial currency supply (OIC). Using Internet platforms, social media analysis, industry reports, competition analysis, regulatory development and other research channels, investors can collect valuable information that can help them make informed decisions about investment in cryptocurrencies.