Post
Topic
Board Speculation (Altcoins)
Re: What did you look out for before investing in an altcoin?
by
CryptoTech_
on 02/07/2020, 08:52:45 UTC
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

1-4 are the most important points in choosing a project to invest in, and if that can be fulfilled, the project can usually be successful.