Post
Topic
Board Altcoin Discussion
Re: How do you determine if an altcoin is worth investing in?
by
Kotone
on 24/09/2020, 04:39:12 UTC
A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.

Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?

And what are the red flags that you often see people fall for?
Determining coin potential is based on the ability of that project to show their strength from concrete information such as whitepaper, team info and their experience, good tokenomics and a better marketing. Some of the projects should also show the use cases of their project.