Post
Topic
Board Altcoin Discussion
Re: What did you look out for before investing in an altcoin?
by
kurniawan05
on 29/08/2021, 14:12:37 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)?

Before investing in an altcoin the things I pay attention to are 3 things: real-world use-cases, and partnerships, period of existence. This is very important for the sustainability of the project and for the long term while minimizing risk.