Post
Topic
Board Altcoin Discussion
Re: What did you look out for before investing in an altcoin?
by
Kelvinid
on 27/08/2021, 08:26:44 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)?
And you had said already...I was very particular on the #2 (real-world use-case) as this was the assurance that the project will survive.

That of course, it is also important to have the continuous support of the team and partnerships. As they work together, it is really to see that this project has a huge chance to succeed. But it is really hard to find them now. Honestly, most of the new projects are just in short term, most of them are just the same, and that so the legit one will stay while the rest will fade away.