Quote from: cryptoboy007 on July 01, 2020, 09:18:58 PM

Okay guys, hope we are all staying safe?

I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens 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?
7. Just name them, anything you look out for

Everything you have mentioned above will factor into how much I would invest into an Altcoin,

If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record

Geoff999

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