Post
Topic
Board Altcoin Discussion
Re: What did you look out for before investing in an altcoin?
by
udidrone
on 28/08/2021, 18:20:28 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)?
Real world use cases. Because there are many projects which only be ideas and after ICO end, their product never launched. Only listed in market and then maybe developer leave the project. Like BNB or maybe SFP, their coins have product like wallet or exchange and people need to buy them so can join in some events, it can cause demands and increase the price. That is a good point for me in investment.