Post
Topic
Board Speculation (Altcoins)
Re: What did you look out for before investing in an altcoin?
by
imstillthebest
on 09/07/2020, 08:46:19 UTC
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4 points above is what I always see before investing in altcoins and besides that I also see whitepaper so that I know more about the objectives of the project
About the whitepaper and i may not try to take the whitepaper as a factor to identify the project. There are so many developers who have been copy paste the whitepaper and even some developers were paying someone to create the whitepaper. It will take a lot of time to do a research with the whitepaper and i will be much more focused with the track record of the team and try to verify whether it's a real or fake person

no you dont need to read the whole context on what is written on the whitepaper but you only need to read the highlighted points just to save time  .  its okay for the team to pay for someone to create a whitepaper as long as what is written is geniune and came from the idea of the team  . white papers are rarely included now on the criteria on how to look for a project , idk why maybe its true that it can be easily faked out  but if its easy to faked out then its also easy to identify if the white paper is real or not  .