Post
Topic
Board Altcoin Discussion
Re: What did you look out for before investing in an altcoin?
by
gwdf1
on 27/08/2021, 05:19:26 UTC
What do you usually look out for before picking tokens/NFT project for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token/NFT project(https://t.me/emit_protocol)?

Actually, we have to check many parameters before investing. First of all I understand the idea and decide if it is something innovative and useful. We definitely should investigate the idea, docs and development team before investing. In addition to this, you should pay attention to marketing campaigns and social media. You necessarily should investigate if there is a big community and there are many people who trust this project and want to invest.