Post
Topic
Board Altcoin Discussion
Re: What are the things to look for when buying Altcoin?
by
barabeku
on 03/08/2021, 06:23:06 UTC
Currently, if you want to buy any altcoin, it is very difficult. You can't choose an option quite easily. Also, the crypto market is currently volatile. In such circumstances if one wants to buy altcoin. So what should be the main focus?

Apart from banal investigation of social media, development team and tokenomics, it will be great if you look through the smart-contract. Of course, it is quite difficult if you are not a programmer. Nevertheless, there are some points that you can check as well and make some conclusions. For example you can switch to page “Write contract” and check if there is a function “mint”. If there is such a function, it means that an owner can call it and mint as many tokens as he wants.