So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example,
https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.
Well, the one thing that applies to all investments, not just limited to altcoin is that you need to do your research beforehand.
Is the team legit? What are they promising? Is what they are promising really something that is realistic and practically needed in the crypto market these days? These are all questions that you need to ask about a project before you invest.
To minimize risk for your portfolio, the best thing to do is to diversify. Don't put all your funds in one investment, that is just dumb.