What do you look for when investing in altcoin?

[jeffthebaker]

Vocal community, definitive and practical mission statement (stay away from the coins that swear they'll change the world), prime memes all are good indicators of potential profit. Maturity of the coin and personalities backing/running it are also important variables to look at. Current/potential future exchanges highly effect price, too.

[machinek20]

Inusually only used alt coin as trading tool, bht if a alt coin really want to compete with bitcoin, the coin need to have a useful feature that really different from other coin, some coin got a good feature like fast confirmation and focus on the anonymity, but there are not a lot of alt coin users maybe that is one of the reason there are no alt coin that really booming and can compete with bitcoin

[Viviyang]

I first see the roadmap of the altcoin because if the coin has the projects to do then only the coin will run in long time,

[philtable]

1. Team (background, motivation, ability to weather hard times to get shit done)
2. Idea (Market potential, why does it have to utilize a [Suspicious link removed]petition)
3. UI/UX (Crypto is notoriously difficult to appreciate and understand how to use)
4. Technology (Do they have something that would take time to copy)

[Risackwpsp]

It's really hard to find some altcoin better than bitcoin to invest.

[zoelhack]

usually every altcoin are more crowded in the coin exchange is a good, such is the coin yangt good to invest it its a simple way

[izanagi narukami]

What features do you look for when you pick an altcoin to increase in value? Is there a good indicator that an altcoin will do well?

I'm usually follow some altcoin if they have high volume transaction means that they will operated longer just like other well known altcoin
I'm also looking for community feedback before I try to deposit in order to prevent myself for being scam by altcoin project

[electronicash]

the replies i read here aren't what i can see to those ico participants, most of them are there to profit after the launch. if the dv released the coin right after and list the coin in exchange, more than 80% of the early investors jump up so high while sending their coins to the exchange. all are aiming to dump their coins along with the bonuses they've got for being and early investor.

[Ayers]

Main figures I look at are size of community (or general support of the coin), trading volume and unique features.

this same thing, but i also look at the dev if he is very active, an idiot or he is MIA, if the latter i just avoid investing anything in that coin, i know for fact that without a proper dev support any coin will not last

[KuromaYoichi]

If it's a new one then first i would look into the team, their motivation and ability. Then the innovation of the coin, the plan wheter it's doable or not and the community's response to it. If it's an alt-coin which already being on some exchange then first thing i would look into is the trading volume. If the trading volume is quite high then i would consider investing in it.