At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?
1. Utility
2. No anonymous devs
3. Active development and continuous changes
This is 3 of the things i do really much prefer on seeing before i do make investment with some altcoins specially if its new even though its not really that precise
nor give out assurance of success but still you could really still have some chance on hitting a good project rather than on having no criteria at all.
I do not care about the anonymous devs if they are not really involved too much, just released it and let the public takeover, but if they are constantly involved and the team doing something in the future that they wrote on the roadmap, then of course I will care about it. Maybe they are capable of doing it, or maybe they are not capable of it and their CV would say so.
Plus, the utility part means that there will be a reason to buy it, but just "any" utility wouldn't fly with me, there needs to be some sort of good reason for people to use it, otherwise it would not make any sense to me at all and I rather know what I am getting into and how I could use it if I do not want to just invest.