Post
Topic
Board Altcoin Discussion
Re: What features should a good altcoin project have?
by
worle1bm
on 16/06/2021, 09:35:11 UTC
When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
To invest or be part of any project in this crypto market you need to extra cautious as scam coins have increased after 2017 ICO and many shitty or scam coins are in circulation so have a research done beforehand to secure your funds and profit.

-Read the white paper of coin and know it's utility and what they are offering and whether it has potential to survive in the market.
- The team past development projects and how sound they financially as well as technically.
-what type of blockchain technology they are using and their working like pos,pow,poh and mining process.
-no hidden statement and they should be transparent in working.

Rest do you own research and find out whether they are legit or not and can survive this market in the long run.Every top altcoin on CMC has something unique to offer and potential to grow.