Hello
Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.
Do you know any projects that you believe has a bright future?
I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.
Thank you in advance.
Nowadays most people find it hard buying new altcoins and even when they do they will be attentive and ready to sell that is if in IEO, once trading starts. This is because most times, some altcoins after IEO struggles to maintain a good price, hence the reason why holding some altcoins nowadays is not encouraging. Nevertheless, one of the things I look into before buying any new altcoin is the team, because their behaviour, experiences etc shows if the altcoin will be good for holding or not. The type of team will determine or show if they can workout their ideas and constantly improve it or not.