Post
Topic
Board Altcoin Discussion
Re: What did you look out for before investing in an altcoin?
by
Rengga Jati
on 27/08/2021, 22:32:50 UTC
1. Those team behind the project might be fake. Even if they expose themselves to the public, there is no guarantee that the project will be successful or they are here not to scam people. Influential persons are the ones that can manipulate the market. Don't forget about that.
Indeed, that is why we should really be careful when analyzing the profile of each team.
It will be better if they have a good track record of the previous projects that they handle, at least, they can announce it in their real official social media that it is really him/her. Because so far, many team members use the fake profile of someone else to resemble a certain person.

3. real-world use-cases?
4. partnerships?
These are important. Moreover, if it can be proven as well.
Additionally, real-world use cases should be the one that is really able to realize, not only in the theory that is very astonishing but unable to realize. This is such part of the fundamentals thing that a project must have.

And the whole must be analyzed carefully and smartly, as a unity, not only one or two factors of those things to consider. Because we may be trapped in some scams or Ponzi schemes.

Btw, I am curious about why should enclosing a telegram group of yours here. Is this the purpose behind the promotion?  Cheesy