Seriously...between each community fluffing their own coin and the haters on the "neutral" boards shitting on every coin that's just past it's prime, how are you supposed to know what coin is the most prudent investment?
I understand that "research" is worthwhile, but there's only so much you can learn from a coin's website.
this is bullshit.
I don't even look at shit websites. They do reveal
nothing. The website is
always shiny. Doing research/due dilligence does NOT mean to look at the stupid website
you go look for these things:
-is it newbe-dev? if yes: stay away if no: make sure the account used wasn't bought
-next you look for premine. Does it have one? Then skip! (do not buy into the lies of funds are needed for xy or won't be accessed because it's all lies)
-IPO/ITO/ICO SKIP!
-If it hasn't a premine and no presale and wants to say it's a legit and fair coin you then go on the blockexplorer and see if the blocktimes and rewards of the first few thousand blocks are what they should be - if the blocktimes are faster than what they should have been stay away cuz it's an flashmine/instamine/something fishy
-do not touch coins with short initial distribution aswell. A good coin is mined for months and years not just days - this is important so you have some distribution of the coin wider than just the 5 blokes who have been around for the ninjalaunch and 5 days mining.
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so now you have ruled out already 80% of (shiny) altcoins you don't want to touch. Your odds for profit as investor are now greatly increased.
You're welcome.
Logo, promises, graphics, website, roadmap is worth nothing with a freshly released coin. These things need to be ignored from the getgo because they are only there to lure YOU into buying it. Ignore the glitter. It's all pigs under the lipstick. Do NEVER buy coins based on promises of xy feature or other things beingreleased in the future because most of the times it doesn't happen. I can not stress enough: DO NOT BUY PROMISES
a coin needs:
-community
-
hashrate-devteam
-real longterm prospects
-moderate to low inflation (pos interest is inflation too) - 5% in a year is fiat-inflation; so it should be below 5% in a year to be healthy.
-good distribution between as many people as possible
coins that do not have the above do go nowhere.
From this angle looking at the website is a waste of time. That's what you do last.