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?
first check the ratio how much coin they sell, inflation, total coin in circulation, time vesting, and many more about spec coin itself
if they promising listing price definetly red flags.
check roadmap, whitepaper, team behind it.
look structure their announcement, website, other information...
New projects never wanted to announce the selling amount of tokens. Total circulating supply is also unavailable to see, same with maximum supply. Without the top exchange partnership or real life partnership, I can't trust any new altcoins to invest. Or I can invest during the dump price. Own coins I also prefer to invest in, before success this is the top priority.