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
The main consideration must be the real world use case as the stability of the token price will be following the use case that is offered by the platform. In this case, I expect the demand will be following a good product with a lot of useful features.