How to identify altcoin worth investing in?

[Munti]

Thanks guys. Really good tips.

How do you keep track of active development? Just a threads here at bitcointalk?

Threads at bitcointalk, github, slack, but most importantly test the software yourself.

[yelllowsin]

Thanks guys. Really good tips.

How do you keep track of active development? Just a threads here at bitcointalk?

Threads at bitcointalk, github, slack, but most importantly test the software yourself.

Read a lot on bitcointalk and communities. Tip for the next weeks? VRC 

[ashkanb]

you are in luck, because crypto wallets are free!
-snip-

i disagree! what about the electricity you need to run your computer on, the data you need to download & your time? are those free?
even if you do all your research in a public library still your time is not for free.
being able to test someone's software for free puts you at an advantage;
but does it compensate the resources you put into that test?

imo, balu's approach is legit; its only drawback is being almost all consuming! my schedule is mostly packed!
his edge is his enthusiasm, tenacity & knowledge/experience/skill, my edge is cheap electricity so i'm exploiting that!
What is/can be your edge op? (do spend time on this question.)


for the sake of sharing, i did trade/invest in few alts & barely made losses; the fact is, it was pure luck with capital L!
(e.g. sold my daos day before the hack, their fiat value being twice what i spent on!)
but i never did have the time nor the nerve to lookup 50 alts, deep research 15, pick 8 & involve 5, now i just do it for fun if i happen to stumble at sth i fancy!

[hermanhs09]

I wonder guys, how do you determine if the altcoin is worth investing in?

It has two parts.
What do you regularly check to find out about new altcoins?
How do you decide if it's worth investing in?

Well and next - how do you keep track of all changes in already established altcoins?

Really interested to read your thoughts.

Well when im looking for altcoin to invest in (i really rather to stay away from them) the first thing i look at is a volume,it seems most important for me how it changes in lets say a week.If we have it constantly growing,we may think the altcoin have potential.
I also never invest in altcoin's where i may be scammed,for example made by anonymous developers.
good luck in your investment