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

[Traderbtcc]

I bet you had never tried to look deeper into this altcoin discussion section.
There is a lot about how to pick the right project to invest with.
But I got tired looking after page 5.   But I promise you, there will be another one which will pop out again. Thanks to necroposters.

Red flags. I have also read one thread recently (damn, why can't I  find them) which talks about a team who doesn't want to show their faces and names.
Their reasons, to stay anonymous mimicking Satoshi. (IIRC, that's the concept of his thread.(
Anyway, that's a red flag already which is just one out of many.

You just said everything mate  , one of the part I dislike the most, is the part where the team behind the project decides to stay anonymous and try to mimick Satoshi, with no good reason for not showing their faces and letting us know them, how can someone trust them?, what if the team is just a group of amateurs who don't have much experience in the crypto industry, not sure any wise investor would like to invest his money on such project, the only project I know that pulled this of was Avalanche, the rest are just bunch of scams.

[Vishnu.Reang]

The price change and the trade volumes can be misleading. My advice to everyone is to invest only in those projects, which have a real life usage. And more importantly, invest only in those projects where the development work is progressing at a good pace. If you have suspicion that the work has slowed down, and there is a doubt that the promoters are dumping their coins, then avoid these projects like plague.

[Becky666]

I always looks whats the altcoin build for, after that the team behind that. i means that's very commons, but i believe with those 2 factors, we can more safer and get better result when investing on altcoins

Knowing the usability of the project token in the real world will actually help in finding answers to unclear questions. Millions of cryptocurrency projects don't care or care-less about their profiling solution to real world problems, why will you expect me to make my investment with a project without case use in a world i live?, doing this will make me ridiculous. Before make any investment with projects of any kind, ensure to dig into their solutions offerings to humanity and if it's short of your expectation, then, don't invest. Scammers has infiltrated the system and those yelling to make investment with new projects should be careful in going about this.

[Samayuki]

Even if you find everything you ever wanted in a crypto project you still shouldn't rely on it because nothing is certain in this space, diversity is the way through, when a disappointment occurs your portfolio will keep you going, less rated coins can bring you the biggest surprises so I'm done saying one project is better than the other.

[Alohadanc3]

I always love buy and hold altcoins specially the low cap ones. That's why I always try to find new projects in this market. When I think to invest in some altcoins I see many aspects. The first think or the small thing I try to understand is how effort they out in their website. Cause where I can take their test. And then I try to read about them. Try to collect information as much  as I can. I try to follow their telegram , Twitter or discord. Try to talk with Dev's or the senior persons. After that I check their if there any investors or not and exchange partnership. Try to crosschek them. After that if I think that's fine I go with them.

[Boov]

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

That's why i did my own research first when it comes to the altcoin that were catchy. What i mean in catchy it was recommended by some of our co members here but of course i do consider their opinion but then i see to it to take a quick research on that altcoin. Second, considering the project team behind the altcoin, their reviews, how they manage the said project etc. Well this is for my own strategy of checking altcoin, we do have our own tactics regarding this matter.

[lienfaye]

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.

I agree, it takes an effort by researching and digging deeper about the project to know if its worth to invest in.

It has to be a working product that can solve real problem. It should be different from the usual projects that sprouting with the same purpose.

This way we can determine if the project is not going to be another shit projects or scam in the end.

[DevilSlayer]

I usually avoid altcoins that have low volume and market capitalization because for me those altcoins are the shitcoins in the market and I should avoid especially if I do not want to lose huge amount of money. I also checked if it is liquid or illiquid, for those who do not know what it is liquidity. It only means if yiu can get in or get out in quick way. You can identify cryptocurrencies if they are liquid or illiquid by looking at bid and ask board. If bid and ask board are near to each other it is liquid but if it is far to each other the token is illiquid. I also focus on price action and I do not care about its background. I only trade token that I have bias.

[Strotman]

For a start, a "young" crypto enthusiast would do well to look at the special section of the forum "Beginners & Help". many questions will disappear after studying the topics and practical tips available there.
So TS good luck to learning))

[seleme]

I usually avoid altcoins that have low volume and market capitalization because for me those altcoins are the shitcoins in the market and I should avoid especially if I do not want to lose huge amount of money. I also checked if it is liquid or illiquid, for those who do not know what it is liquidity. It only means if yiu can get in or get out in quick way. You can identify cryptocurrencies if they are liquid or illiquid by looking at bid and ask board. If bid and ask board are near to each other it is liquid but if it is far to each other the token is illiquid. I also focus on price action and I do not care about its background. I only trade token that I have bias.

Where the risks are bigger the reward will be bigger at the same ratio. The altcoins with low marketcap have huge potential, that is the reason why gem hunters call are looking for not discovered gem altcoins. If the project is on the first stage after the ICO, the price doesn't reflect the fair value. Finding this disbalance can make anyone rich if played carefully. Paying the cost of being late to the party is another mistake by investors, the timing is as important as the pricing. The market has no mercy for those who late to join the party and the trend can not turn back down to the buy limit level for a long time.

[GrosWesh]

Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?

I invest in a project according to different criteria:
- Its marketcap (is there some room to grow?)
- It's usecase
- Exchanges
- Community

Sometimes i take advice from people i trust a lot. Reason is i could have missed a crucial point that my interlocutor would have understood much better. Together we are stronger !

And finally, like a lot of people here, i have some 'serious investments but also some 'poker shots'. 

[South Park]

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.

This are basic steps but the majority of people never take the time to do it, why? One of the reasons is that people are lazy, they want to make a fortune but at the same time they do not want to make any effort and this is a problem, the second issue is how daunting the task seems, there are hundreds of projects released each month and doing all of this for all of those projects just to come empty handed does not seem attractive for most.

[mezzaluna]

A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.

Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?

And what are the red flags that you often see people fall for?

Its actually hard to determine if you are new to investing in the field of Cryptocurrencies. Its only good to stick to old Alternate Cryptocurrencies that still has its platform up and running which is good. An Alternate Coin is worth investing on if you can see that the developers plan to stick around even after the Bounty is done.

[gamer4156]

I consider when making interests in altcoins that it's additionally critical to search for the group behind each task just as their consistent turn of events. At times perusing there whitepaper isn't sufficient or joining their message. At whatever point I don't know whether the undertaking I'm looking at is genuine or will achievement I will in general stand by when it gets recorded than purchasing in ICO due to past encounters in ICO losing its worth once recorded.

[terizla]

i'm a bounty hunter but i do like an investor to find altcoin project. I always check every new altcoin project.
I check every part of project like website, whitepaper, social media, team project, roadmap.
There are the important part. But, if you interested about an altcoin project, you can ask more detail to their admin.

[South Park]

i'm a bounty hunter but i do like an investor to find altcoin project. I always check every new altcoin project.
I check every part of project like website, whitepaper, social media, team project, roadmap.
There are the important part. But, if you interested about an altcoin project, you can ask more detail to their admin.

Which is as it should be, after all even if you are not investing your money in the project by being a bounty hunter you are investing your time in order to promote it, and who wants to waste their time? No one, so it is important that bounty hunters take the same time as investors before deciding to join a bounty, but I know they are not going to listen because a great deal of those that are bounty hunters instead prefer to join all the projects they can knowing that some will turn into a scam just to try to join the bounty of a coin that eventually skyrockets.

[sapnu]

There are actually lots of ways for you to identify if the projwct is worth investing for. Number one thas you can consider is that their platform, if you can see that their platform is really promising and have a possibility to success you can do that. By also checking at their website because there are some projects that are scams and you can recognize it by looking at their website. You can also check their whitepaper and roadmap, these two are important in a project because that explains everything about that project.

[BryanJohn]

To invest in an altcoin, the most important thing is to investigate the project to know what future we can expect. A token that does not have an important project behind it will most likely end up in oblivion or worth pennies. That is why you have to investigate the project and see the future it has.

[matteo_invst1]

I think project team members and developers are the most important factors. Their knowledge, their background and other projects that they collaborate with.
They should have clear Roadmap that shows all the details they want to implement in the future and the estimate lunch time.
having an active community that you be able to ask your questions and have their support.

These factors are the most important one but, you should search about variety of things before investment

[proTECH77]

Many investors are too lazy to verify how important  that project  is in the  market before  investing on a  particular project.
Here are some ways someone can determine if an altcoin worth that investment:
1) Information : through the information you gather from the platform and other forums can help you to know such altcoin worth such investment.
2) Test : you can also determine if an altcoin worth a particular invest by testing the altcoin project if it is popular in the market to know more about the project by testing other investors project before investing.
3) Observation: there are some altcoin project are scam in the market that doesn't worth such investment and through observation can easily help you to know such project doesn't deserve such amount of money.
I think if you follow this step, it will help you to understand how to know a particular project that worth such investment.