Post
Topic
Board Altcoin Discussion
Re: What did you look out for before investing in an altcoin?
by
judeafante
on 30/08/2021, 02:16:52 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)?

Number one and number three is are very important, team and use case are two elements of success.
If the team are experienced developers with a lot of successful projects behind their name, they will likely create a good platform that can attract many users, I always look at the resume of developers, and check if they are true and they are capable.