Hello Everyone, I'm very new to Altcoins, Cryptocurrencies In General. I'm Looking for someone's advice that has been around for a while to kind of give me some tips or pointers on how to spot legit coin's, what to look for before investing. Really just any guidance on a basic level would be greatly appreciated.
When choosing a coin for an investment, you need to analyze the project that created this coin. It is necessary to understand what kind of coin the prospect has, what are its plans, advantages and disadvantages. It is necessary to understand that the younger the coin the riskier the investment. Therefore, to begin with, it is better to invest in coins that have already proven themselves as reliable and with a large capitalization.