Post
Topic
Board Altcoin Discussion
Re: How do you determine if an altcoin is worth investing in?
by
bitcon
on 29/10/2020, 18:15:56 UTC
Look for their LinkedIn profiles and see the recommendations and how old the profile is. If anything comes with guaranteed, just run...

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?

It will be good to work in a pair with somebody, who knows the market to understand if the altcoin is worth investing in it or not. I always check all possible information about the cryptocurrency and all the graphs also. This helps me top make the better choice.