Check Liquidity Before you invest

[matchi2011]

Definitely this is one of the primary factors to look at along with the exchanges the coin is trading in before investing in any coin. But sometimes it is not always possible during the ico stage so look at the track record of the team as well.

Picking the right project to invest your money needs a lots of efforts and time as there are many scam projects that surround this industry, knowing how to sort each project before selecting where to put your money is really something that in need of reviewing and researching. Like what many was said liquidity from the exchange helps you to take a closer looks and assess if the project really have a good potentials.

[pilosopotasyo]

High liquidity- You can sell your coin anytime as much coin you want, the market has enough buyer to buy your coin.
Low liquidity- There are no enough buyer to buy your coin.

That's the hardest part of investing in new coins or unknown coins, you will always have an issue on liquidity and you will sell it at whatever price there is in the market, it's always recommended and a good idea to always go for top coins in the market because you can liquidate it anytime, I have a lot of scam coins stuck in my wallet because of low or no liquidity.

[CuriousGeorge]

Definitely this is one of the primary factors to look at along with the exchanges the coin is trading in before investing in any coin. But sometimes it is not always possible during the ico stage so look at the track record of the team as well.

The track record of the team doesn't give a lot of guarantee. Remember there was a lot of scam projects who have faked the identity ot the team and the scammer behind the project have stolen the others identity.
Liquidity will always become the main ceonsideration and that's better than track record of the team.

[gweedo]

Obviously, we need to consider the altcoin's liquidity before deciding to invest. If the liquidity is too low, that altcoin will be manipulated and the price will collapse at any time. I personally never invest in altcoins with liquidity below $ 1 million per day

[anhhung409]

Just holding Bitcoin is more than enough, its growth is unbelievable compared to more traditional investments, but people become greedy and start looking at alts thinking they will grow faster. and higher. Liquidity is a need for tokens, and that will help us protect our scam project more either because the scam project will have very little liquidity or it will always be zero liquidity.

[Odebowa]

Thanks, as the name implies alternative currency is a substitute to BTC since there is desire to have another currency other than BTC scammers sees it as a privilege to scam people because they notice the desire of individual to make profit is high.
For one not to get scammed one have to consider liquidity. Because is Paramount. For the exchange of the investment of one venture into.
Liquidity is regarded as the ability to convert a coin or token into a stable one without reduction in value and within short period of time.

[Valzador]

Scam exchange can attract you by pumping a certain coin in their exchange and once someone deposits a big amount, they scam.

I am a little confused about the scams made by the exchange, do they change prices when we make a deposit with a large amount?

[yadacoin.io]

Investing in Altcoins is red flag especially for newbies, we all know the huge amount of scams going on even sometimes when you invest in a project with serious goals and clear roadmap, the team disappear instantly after their sales which highlight that ways of scam are evolving every day and comes with a new look so we have to be very careful and skeptical nonetheless I can still name a few new projects that can have a bright future.

I would like to point that making a profit from pump of shitcoins as you mentioned, firstly can only be a pump and dump act and secondly, it misleads newbies into investing without even mentioning that it is illegal and unethical so never forget "If it's too good to be true, it probably is".

And then there are the projects that don't get enough attention because they don't do huge marketing campaigns with tons a FOMO.

[Talk to Transformer]

Liquidity is important in any market because you do not want a critical shortage, as opposed to a general shortage, to sink your investment. For this reason, we established an initial target on December 3, 2016 for ETH in order to begin facilitating a DAO token sale on November 15, 2016. For this purpose, we conducted a scaling exercise to increase the network capacity so as to be able to facilitate the DAO token sale on November 15.

The DAO token sale was launched on November 17, 2016, and we observed an immediate spike in the price of ETH. For the first hour, it was fluctuating around $900–1000. As the volume increased, the price stabilized at approximately $600.

[bukham88]

most people want to get rich quickly so they take shortcuts to invest in coins with large profits but lack quality, so they fall into a sea of ​​losses, now it is enough to invest in today's top coins like ETH and BNB, although the profit is small but the quality is high.

[saint_casanova]

I saw too many times people invest blindly without checking the basic like liquidity. They only care about the price which very easy to manipulate if low liquidity or trading volume. I think only newbies making this kind of mistake because no way a veteran trader wouldn't check this before investing.