Post
Topic
Board Altcoin Discussion
Re: How do you find out cons of altcoins?
by
Troytech
on 23/03/2024, 20:33:26 UTC
Without shilling any coin names, I've been eyeing some relatively newer altcoins to stake a bit in and everytime I try to find information, most of what I find is the official sources or diehard supporters which make every coin sound like the next best thing to takeover the entire market. That's obviously not true. I've tried looking through coin-specidic subreddits too but obviously the mods aren't always going to leave criticism up under the banner of FUD.

I know there was multiple focused discussions on this sub on how to do your own research, but I either can't find them, or I find the ones that are too technical about trying to calculate market cap potential and coin estimates, which does not really matter to me. Does anyone know of reliable sources that can provide unbiased overview of limitations and potential problems that a coin and their devteam is facing?

To do these research you need to be technical in some way so you would know the right points to look out for when yoir are doing your research and looking gor these alreafy made research onljne are so hard unless project is open source.

Relying on sub Reddit and social media groups are the worst cause their information is meant to make everything look like the best and trying to filter from those information would only get you lost, my advice as a beginner that have little technical knowledge just go for popular meme coins like pepe coin and try to buy when they are low than now when the bull is already on stage.