Post
Topic
Board Altcoin Discussion
Re: How do you determine if an altcoin is worth investing in?
by
PerfectCircle
on 26/11/2020, 06:17:06 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?
Deciding whether to invest in a new project or not? I suggest focusing your research skills on the TEAM, even if a project has use case that have been seen countless times before it doesn't mean it can fail, the team are the real backbone of a project, if they aren't experts there will be problems, make sure the team have good blockchain experience