Post
Topic
Board Altcoin Discussion
Re: How do you determine if an altcoin is worth investing in?
by
fuer44
on 22/10/2020, 11:28:20 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?
usually a pre-sale and bonus reward that will be given to the founder of ICO or new tokens offered to investors that make them interested. although not sure which exchange will be launched to? even if there is already a list of exchanges such as probit, there are already many enthusiasts. even though we know, tokens that are launched there are bound to end up a little bad. i think a good sign is tokens that are launched to etherdelta or forkdelta. even now many tokens create their own exchanges and many fail. if you are still in doubt about new tokens or projects, if you have large capital just invest in bitcoin or etherum.