Quote from: cryptoboy007 on July 01, 2020, 09:18:58 PM

Okay guys, hope we are all staying safe?

I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?

1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for

All that you have mentioned is best thing to look at before investing.

But the Most character that i am looking at is Product because in this we rely the future and security of the project.
existing product mostly dictates what is the tomorrow for the said project.

Quote from: Renampun on July 01, 2020, 11:04:21 PM

Quote from: cryptoboy007 on July 01, 2020, 09:18:58 PM

...

points 1 -> 4 are what I pay most attention to...
for a new coin project or what we commonly call ICO & IEO, finding out the team behind it is very important, investing without knowing the team behind it is very high risk because of the high level of fraud from ICO & IEO in the last 2 years.

there are many project that uses fake team but hard to find.

If we are good into this part Yes we can check them if the team are legit but for those who cannot?this is a bad case to look at.