Post
Topic
Board Altcoin Discussion
Re: What do you look out for first when choosing alts. Utility or hype?
by
Sophokles
on 04/07/2024, 17:40:24 UTC
For long term investment, utility is a must have. Also, i tried to make sure the project fit into the upcoming narratives that the industry is going to embrace next. For short term profit, hype is enough. That means if the crypto community is talking about a project, that means money is flowing into it. This is a chance for a short term profit because of the huge retail cash inflow into that project. Most of the ALTs are scams, so its not very hard to identify the utility focused project.