Another good strategy is instead of looking for reason to invest in a project you should go with the idea of looking for reasons to not invest in it, this may sound weird but it is the correct way to proceed, this way if you find anything wrong with the project instead of just passing over it as most people do you will simply avoid investing in it, this is a great way to avoid scams as if you do your due diligence and you investigate the team on your own you are sure to find that they are fake and avoid investing in the project.
The best way to explain how to choose the right altcoin for profitable investment. If you know what not to do, you will find what to do very easily. Some will get it while other traders will rush to buy all useless altcoins for the alt season. Dead altcoins will be pump-dump material for big boys and it is all luck to sell it at the right time when the pump happens. No difference from gambling, I prefer to go all-in red on Roulette 