What encourages you to invest in any altcoin?

[Evakotel]

For me, before investing in any altcoin, I usually look out for the potential of the coin and how promising it might be in the future.

[JohnWick_Bitcoin]

I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin

Actually, i only invest on altcoin if i do not have a decent amount of capital to invest on cryptocurrency because bitcoins will be always the best cryptocurrency but since bitcoins today is so expensive that we can also invest on altcoins because it was also profitable depending on the coin.

[Fonneda]

I usually invest in altcoin to get profit but i prefer long term profit but the coin should be backed by good project and product not just hype price coin.potential coin neglect the risk of great dump and pump steady growth is good for a coin.

[Rexxxem]

You should analyze the team of the project, you should watch the team's experience. Also worth seeing is how interesting the idea of the project is and how much progress has already been made in implementing the project

[aladingorter12]

First of all to my I guess it is probability of getting this altcoin almost as good as BTC and I think trying something new almost always is good)

[kkimmai212]

I invest in alt coins and i think most of the pople here in the forum invest in altcoins because of it's potential to double or triple your money. others also hold their altcoins and wait until they are happy with the price

[elnykate]

I check for a good dev team that communicates with the community and comes through on their promises.

[vallydelly]

well I have studied the crypto space and I have understand the space, so what encourages me to invest in altcoin is because the space is still developing, In few years to come the space will go main stream and we the early investors will have huge return 

[tomotao56]

i'm looking in the concept of the coin too because it's too hard to predict which coins will go pump so by reading and studying its concept will help you to decide whether you'll invest in that coin. You need advanced knowledge too and you must be updated day by day for you to know what's going on to that coin. I know when you have that qualities you will have a good chance to earn a huge profit.

[margaret22]

I usualy check the potential of the project, and if it is something, that I truly believe, that can grow big, than I invest in it. Of course, sometimes for short therm, I just buy something I see the hype, and hope to have a nice short time profit 

[cuteboy2016k]

I am investing in altcoins for long term, I believe altcoins have great future and many countries and companies will start block chain technology and people can use altcoins, every day creating new altcoins, select good coin before invest and learn about it, there is lot of scam coins are in the market, beware of it 

[Evakotel]

The project behind on that coin is the reason to encourage us to invest if the project platform are good and the strong community are active and enthusiast team member it has an assurance that it has a potential to be more developed and be success in the future.

[kalama164]

I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin

If the project is good and I was interested in what I'm going to invest.What is the point of investing in a project that you are not interested in a waste of time and money.

[teamcryptonator]

Before investing in any altcoin i think that you could see the project's business plan and check the team. Now it' s more difficult getting gain because there are a lot of project and the first question that i do is: "is blockchain needful to that project?"

Why not? Any system need to keep the security first if want to have the information from users. So, blockchain technology is necessary to create a decentralized system and keep safe all information of users. Especially some Projects related the private information as Banking, Shopping, Payment, etc. Blockchain is always needed.

[Hoxysado]

I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin

What encourage me to invest I think it is the current situation on the market
And of course howmuch resources i have

[vermigerous]

to earn some money i think, i only invested my time that's all i can do as of now. because i don't have some money with me. i think i invest on money when i get my payment on bounty and airdrop.

[halehale]

Last thing I look for is vision of project developer it is more on personal judgement but it is important because We all know there's a change that the project will not materialize.

[Xhero]

I think that investing in cryptocurrencies requires patience and a good attitude. Because the market is volatile, you must plan for the worst when you invest, and you need to have clear enough minds to make accurate judgments.

[engesi]

I believe that the vast majority of people entering the encryption market must be profitable, because the profits of this market are so huge that many people see profits and ignore the risks. This is really bad. Including myself, I just started to contact encryption because I think it is profitable. But today, I can look at this market sensibly. Now I am because of the development prospects of the blockchain. I hope everyone can look at encryption correctly and don't think of it as a casino.

[MUGOmugo]

I think that investing in cryptocurrencies requires patience and a good attitude. Because the market is volatile, you must plan for the worst when you invest, and you need to have clear enough minds to make accurate judgments.

Yes, that's correct investing in cryptocurrency is not an easy job because sometimes the market is not consistent in terms of market value there are some changes in pricing anytime. So you have to set your mind in that kind of sutuation.