Ninjastic
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Board Altcoin Discussion
Re: How do you determine if an altcoin is worth investing in?
by
Sendi blackspade team
on 16/11/2020, 16:54:16 UTC
Quote from: Wenbing on Today at 04:29:18 PM
Quote from: timmmers on September 21, 2020, 06:17:04 PM
The coin is as strong as its community. Check all social media accounts they have and try to recognize if the community is the only group of speculators or active users. The speculators will leave the project as soon as the price starts falling down, while the active community doesn´t care much about the price. Smiley

What if the speculators are paid to remain loyal to the project such that despite the falling they remain optimistic. I think this could mislead investors to invest with a vain hope.

many things are happening in this space.
such a problem is possible. I myself have seen projects that have been listed on the stock exchange but they are very few interested in the market. a team like without development in a long time. but suddenly they come up with new ideas that haven't been realized. different from their initial platform plan. of course, by attracting investment into the project. although all of that could happen, I don't think investors in the crypto market today would be that stupid to be fooled or simply interested in a near-death project.