How do you determine if an altcoin is worth investing in?

[adekogbe]

whenever you are pondering investing in new projects, you should always try to avoid scams in the market it is critical to consistently hold ourselves within proper limits and on the off chance that even the littlest thing appears to be strange, at that point we have to control ourselves from investing in another project, the facts confirm that this sort of reasoning will keep you from investing in certain coins that could pump however you should recollect that once you lose your cash everything is finished and you get no renewed opportunities, so the main capacity that any investor ought to have is to deal with their cash regardless.

[pelumi20]

I believe it's really difficult to decide whether an altcoin project merits investing since we are simply speculating and each project depict that it can execute the project development including its guide and all which is composed on each project's whitepaper that is the reason nobody can tell if the project merits investing or not. On the off chance that you are sure about the team, product and its utilization case its everything up to you to pass judgment whether you are willing to gamble or not. warnings are obvious in many projects and the most widely recognized thing is the unrealistic guarantees, obscure team profiles and counterfeited whitepapers.

[tracyhayley]

Let me start with the red flags:
1. Do not invest in an ICO if the team is not active on social media, especially on Twitter and LinkedIn.
2. If the project does not have an active telegram group or does not respond to questions, please avoid that project.
3. Check members out on professionals media like LinkedIn .
4. If the soft and hard targets set for the projects to meet during ICO is high, avoid it. That is a danger sign.

What I look out for to know if a coin is worth throwing money at or not is the use the token wil serve in th market. Apart from that no token is worth throwing money at.

some scam or legit projects usually have an active socal media in the beginning, but they just disappeared after the ICO end. you can check the legit ones that created in 2017-2018. some of them are inactive now. the same case also goes to telegram group. i agree that we should be careful with the projects that they said their softcap have been reached in the beginning. maybe they just want to interest some investore with the fake softcap.

[Princeofpoetry]

I think most investors don't believe in ICOs anymore. very difficult to know which project is worth investing in. mostly good at the beginning but after finishing the sale, dump prices in the market, there is no progress of the project then become a worthless coin.

[hahay]

In the past (especially in 2017), I invested in dozens of altcoins and lost money in almost all of them. One exception is Deep Onion. I was able to sell Onion at a large profit, before it's value went down. My advice to you guys is not to hold on to these altcoins for an indefinite period of time. You need to identify the pumping phase and dump your coins at the correct time. If you miss one, you may need to wait a long time for the next pump.. or it may never happen again.

I think that is more or less the average experience of most people here with the exception that probably many investors never sold a coin for a price higher than what they paid for, it is important to remember that the strategy of holding for the long term should only be applied in well established coins like bitcoin or ethereum, and when it comes to new coins you need to always be ready to get rid of them because if you do not you could become a bag holder and no one wants that.

So the thing to pay attention to when holding tokens is to always check the market and other things related to the project. Holding the new coin itself is inevitable due to its cheap price in the hope that it will increase someday, it is something that is in demand for those looking for quick profits. So, I think one of the factors to watch out for if a coin is worth investing in is about coins that have been tradable in famous markets, because then the demand for the coins themselves will always be there.

[24Kt]

In the past (especially in 2017), I invested in dozens of altcoins and lost money in almost all of them. One exception is Deep Onion. I was able to sell Onion at a large profit, before it's value went down. My advice to you guys is not to hold on to these altcoins for an indefinite period of time. You need to identify the pumping phase and dump your coins at the correct time. If you miss one, you may need to wait a long time for the next pump.. or it may never happen again.

I think that is more or less the average experience of most people here with the exception that probably many investors never sold a coin for a price higher than what they paid for, it is important to remember that the strategy of holding for the long term should only be applied in well established coins like bitcoin or ethereum, and when it comes to new coins you need to always be ready to get rid of them because if you do not you could become a bag holder and no one wants that.

So the thing to pay attention to when holding tokens is to always check the market and other things related to the project. Holding the new coin itself is inevitable due to its cheap price in the hope that it will increase someday, it is something that is in demand for those looking for quick profits. So, I think one of the factors to watch out for if a coin is worth investing in is about coins that have been tradable in famous markets, because then the demand for the coins themselves will always be there.

Not that it is being traded in famous markets, but if they have real usage in the community. Because trading will stop or start to slow down once the interest of traders wane. And the interest will be lost because there is no active application in the market other than trading. So these traders will just move to the new project once the hype is over. So better build real app for the project to maintain its market demand.

[fadhilz123]

You are a newbie and your purpose is an investment, so ICO is not recommended, you should go to the top coin because this is the best way to invest, so you don't need to know what is determine if a coin is worth investing, just go to top coin https://coinmarketcap.com/

The simple answers avoid any ICO

The criteria for the project (Coin) that have a bright future for investing, following their characteristics in my opinion

 1. The platform developed by the project has a strong enough advantage
 2. Have a solid team in project development
 3. Have strong communities in various countries.

Even with these criteria is not any guarantee, the project has a chance to become scam, so the real investment is "the top coin"

[cryptolord2077]

Are we really continuing to discuss ICO in 2020? In my opinion, the ICO is a little more than completely dead. I don't hear anything about ICO projects or the like.
All attention is now focused on DeFi, period. ICO last century, moreover, for the above reasons, the ICO failed back in 2018.

[asepsetiawan1990]

Big risks are seen in crypto, especially in ICOs. Personal experience is to see the team behind the project that is being run. As well as recommendations from friends, the better is to see a detailed profile of each person.

[EmmaGod]

I sincerely don't see investing in altcoin as a lucrative venture, I prefer the concept of trading. Investing sounds like putting money into a project for periodic interest and that's not what I'll like to engage on because the cryptocurrency industry is quite risky and I'll rather purchase a few coins with the intention of selling when the value changes positively.

[santouao]

In determining an altcoin if it worth investing ofcourse the very first thing to do is to have a good research and observe it's potential from the market. Because we need to be wise in order for us to be safe and not getting scammed.

[baiwei]

In order to know if an altcoin is worth investing in, you just have to be critical of the content of the project you are working on. It must be clear and orderly, you will also know if it is worth it if such project is active in the market and has a lot of good feedbacks. You also need put great effort like taking it whitepaper before dealing.

[Kvalentine]

I will definitely invest in a project that can provide the following

1. Blockchain experienced team members

2. High quality partnerships

3. Top exchanges listings

4. Very useful and creative utilities

Here is how I role along in crypto space, can't say about others, I am able to get here after many disappointments, I end up learning from my past mistakes

[NoG-NoG]

First and foremost that you need to take a look is the composition of the team developers whether they already have accomplished plenty crypto project or not because it is really essential to an investor to know the people behind the project in order to fall into a trap of several project developer that turns to be scammers. You really need to research deeply about the profile of each member of the team it will helps you decide easily if you wanted to invest on this alts or not.

[FinneysTrueVision]

I only look at established coins which have a good sized user base and are accepted by several businesses. I don't do any trading on exchanges so I only go with what is most useful to me. If something has fewer transactions than Dogecoin it is not worth my time because nobody is using it. The one exception might be privacy coins because there will always be people who find them useful even though they have very few transactions right now.

[akirasendo17]

Mostly you can determine it by who is the person responsible for a project, and the management also, if you knew it there will be an assurance or peace of mind, that you know they will not run or disappear, what project they are developing, who funds the project, there are lots of things to be consider
at the same time investment is like gambling , most people here already know there is a risk, so you should also

[btc78]

Mostly you can determine it by who is the person responsible for a project, and the management also, if you knew it there will be an assurance or peace of mind,

No real assurance here in crypto mate because thru my experiences?even the most legit looking project comes scam in the end of the day.
so in means all is risky and nothing is really certain.

that you know they will not run or disappear, what project they are developing, who funds the project, there are lots of things to be consider
at the same time investment is like gambling , most people here already know there is a risk, so you should also

Sometimes it is also our instincts that will help us out mate,because other than anything it is our who will decide.

[k@suy]

I am glad that I found this post. I am so amazed with the advices that I have read here at least now I know how to distinguish if it is a scam or not. When we are taking an observation what we should take a look for first is firt whitepaper, next is the company or team profile, crypto currency experiences and last but not the list is if their prouduct would go boom in the market or not. And also everyday, there are new tokens that continuously producing that's why it is too hard to choose. Another thing is after we list the token to uniswap, we have to monitor it because it is volatile there are instances that today it could be on its highest peak but tomorrow it would be dump so we should be alert and aware.

[Gayong88]

Interesting question, the various efforts made to make a project by the developer interesting with the latest updates seen from social media and other information channels.

Everyone's efforts are different, starting with looking at who the team and manager are. White paper. road maps and other important updates. At least there is a small study from me first in my opinion and the above is only an initial description so that it doesn't fall into the same hole and end up in vain at the end of the campaign.

[Furryball]

This is kinda tricky but I will like to put few points together for those who are still new to crypto

1. If you are newbie better stick with top altcoins for start atleast
2. Do research on use cases that works or attract investors in crypto space because some use cases are bad
3. Make sure teams know about blockchain technology before even building their own projects
4. Make sure the project use case is very useful, I like payment solutions better because that's what crypto aims to achieve, using Bitcoin or ethereum to pay
5. Also make sure the team has good partnerships in store