Post
Topic
Board Altcoin Discussion
Re: how to choose a new coin
by
Bezobraznike
on 05/01/2019, 08:52:25 UTC
Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?

If the answer to any of those questions is “yes” then you should probably choose a different coin.


With confirmed answers to these, you are already set to getting a good coin for investment. There are many and people might come up with suggestions too but good research will be of help.

   What kind of research here, if you answer "yes" on this 6 questions most likely that you are looking at scam. It`s time for choosing some other coin, with that one you can
lose your money and nerves.
   
Choosing new coins is very difficult, and this is usually not suitable for novices, unless you have the ability to actually look at the developer team and have the opportunity to contact the developer team, otherwise any kind of message or media announcement may be a scam.

   Cannot agree with you Levious, choosing new coin is necessary for all of us. If you are facing with possible scam you don`t have many options, the best one
is to abandon what you are doing and find a new project where will you invest. In some cases contacting developers team is like you ask a scammer what he
thinks, most likely he will say to you everything good about the project and he will try to convince you how they are better than others.