So, I was looking for some altcoins to invest in and many experts here advised me to do my research before investing in any new coin. In fact, most people to whom I asked advice in this regard told me to thoroughly research a new coin before investing in it. Fair enough. So, now my question is how exactly I do that.
I was reading online and found a few blogs that talk about the factors to consider while evaluating a new cryptocurrency or project. Factors that include research on Crypto coin based on a number of things such as the purpose, use of blockchain, coin economics, usage, team, etc.
Is there anything else that I should be looking for or are these the only factors to consider?
I challenge you to research these coins according to your factors:
Tezos (XTZ) (Check on coinmarketcap)
ThoreCoin (THR) (Check on coinmarketcap)
Titan Coin (TTN) (Check on coinmarketcap)
Binance Coin (BNB) (Check on coinmarketcap)
Bytom (BTM) (Check on coinmarketcap)
Let's see who have the best and relevant researching skills in the crypto market.
You are giving the examples as already existing project so its more easier for anyone to say what is the good project at the moment in terms of profits but what is the new project which is something under development and didn't hit any exchanges yet for public sale.