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

[Lantind]

The first thing to check is the use case of the project. Is it a utility, security etc token etc. Who and who is in the team. Where are they from. Are they following their road map?

Yes, and the things you say are things that investors and bounty hunters alike always check, considering that there have been so many unsuccessful projects with no enthusiasts and real project use cases.

[KnightElite]

When it comes to existing altcoin where it is already listed in different exchanges. I basically rely on the chart of the altcoin and also to its volume, I will ignore altcoins that have low volume because they are the illiquid ones so for me I can considered it as a waste of time and money. In the chart you can observe if there are people who are interested to it or not, if the chart is clear where you can read it and analyze it easily then it is good but if the chart doesn't have a clear data where there are many gaps in terms of candlesticks then for me that are the coins that should be avoided. Not all of altcoins are good to buy, we should be selected when it comes to choosing an altcoins especially if you want to find a worth it altcoins. But when it comes to altcoin project that are in its early phase, I suggest to make a deep research because it has high risks than trading listed altcoins because you do not have guarantee if these projects can become successful.

[Buttermellow]

There are good altcoins to invest with and can get a huge profit especially if one had picked the right altcoin where whales could pump the altcoins and that you can get a high profit. It is not easy to find though but it would be worth taking the risk after getting huge profit. Just remember to invest only the money you can afford to lose.

[zaim7413]

There are good altcoins to invest with and can get a huge profit especially if one had picked the right altcoin where whales could pump the altcoins and that you can get a high profit. It is not easy to find though but it would be worth taking the risk after getting huge profit. Just remember to invest only the money you can afford to lose.

How would someone know if that particular Altcoin could be pumped by the whale? because it concerns a whale's interest in an Altcoin, if only he was not interested in Altcoin it would be obvious things like you said it would not happen, so how do we know something like that?

[kevinzxz]

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?

actually it's simple, if you want to invest in cryptocurrency safely, then you better choose coin that are in the top 100 coinmarketcap, because :
1. the project already has a product and progress, so it looks like this project is not going to be a scam;
2. coin has a high trading volume, making it easier for us to buy or sell it;
3. the price is faster to recover when there is a bear run in cryptocurrency market.
therefore I definitely invest in coin that are in the top 100 coinmarketcap, because the risk is less than I invest in new projects (unless I think the project has a good idea and I'm sure it will give me a profit).

[icekohl]

Just go to the products they create. Every promise on paper or even a strong team with no real product is not worth the investment.  Existing investors have very good knowledge, so it is difficult to attract them without a strong product.

[Kezacky]

before investing in a project the first thing you need to do is look at the project team, if the project team is active in developing their project and the project brings new ideas and features, it is not a cat copy idea from the old project, the project has well-known corporate partners and also has investors. big, I think this coin is worth investing in.

[fishbonez11]

I prefer alternative coin that has instant transaction and has lower transaction fee. So far Im ok with Dogecoin, Litecoin and XRP as an alternative, since it is supported by my local wallet. The values of this coins also is really doing well, I started buying XRP for only 0.23$ and now it cost 0.3$, not bad to hold a coin for longer term. I have no idea if there is disadvantage on using it, but so far I have no problem with it.

[Ryushin]

1. The project utilities
2. The team level of experience with blockchain
3. Past companies the team works under
4. Partnerships of the project
5. Exchange the project team target

After following all these one need to invest only what they can  afford to lose only

[adzino]

When it comes to existing altcoin where it is already listed in different exchanges. I basically rely on the chart of the altcoin and also to its volume, I will ignore altcoins that have low volume because they are the illiquid ones so for me I can considered it as a waste of time and money. In the chart you can observe if there are people who are interested to it or not, if the chart is clear where you can read it and analyze it easily then it is good but if the chart doesn't have a clear data where there are many gaps in terms of candlesticks then for me that are the coins that should be avoided. -snip-

I doubt just looking at the charts is going to be a good idea to understand if a coin/token is good to invest in or not. I mean the buy and sell volumes can easily be faked. We also know that the price means nothing when it comes to creditability of a coin. The price can be pumped by the developers if they hold most of the coins.
The best way to determine if an altcoin is worth investing in is to look at how active they are. You may want to invest in coins that aren't clone of other coins. Maybe look for coins that provide a useful function that none of the current coins have?

[cryptolord2077]

A checklist should be in your head based on all the data you analyzed. There is no 100% reminder guaranteeing investors the profit from the project. Sometimes the most unexpected projects allow you to make a profit, but the projects themselves are not promising, but only speculation. In fact, the task of investors is to look for projects aimed at solving specific problems, projects that have ready-made businesses.

[Dr.Osh]

The first thing to check is the use case of the project. Is it a utility, security etc token etc. Who and who is in the team. Where are they from. Are they following their road map?

Yes, and the things you say are things that investors and bounty hunters alike always check, considering that there have been so many unsuccessful projects with no enthusiasts and real project use cases.

however, one thing you are required to do is you need to study the project. I suggest choosing a project that has been running for 1 year and the price goes up, or not far from the ICO / IEO price. however, for a new project, there are many things to consider, and need more knowledge to know whether the project is feasible or not. even someone who is often in the crypto world is sometimes wrong in choosing an investment place.

[escalante28]

To determine whether an Altcoin is worth investing in you must check their website, whitepaper, roadmap, token usage and must check also on the team handling the project. And another thing you must join their social media accounts to get more updates from them, including joining in their telegram or discord where you can discuss with them.

[Sithara007]

For me, it is very simple. If a particular altcoin is having a real use, then I assume that it is worth investing in. But you need to be careful here. The project team may try to misguide you by making outlandish claims. You need to independently verify these claims. Also, it is necessary to study about the future prospects of the project and the ability of the project team to do sustained development.

[ogini]

Although you are right,but it seems nothing is working for altcoins any longer even they are improving on there activities to keep the project running. So good are not moving in price and they almost look like die project. I pray they move along.

[Rowenta]

There are good altcoins to invest with and can get a huge profit especially if one had picked the right altcoin where whales could pump the altcoins and that you can get a high profit. It is not easy to find though but it would be worth taking the risk after getting huge profit. Just remember to invest only the money you can afford to lose.

How would someone know if that particular Altcoin could be pumped by the whale? because it concerns a whale's interest in an Altcoin, if only he was not interested in Altcoin it would be obvious things like you said it would not happen, so how do we know something like that?

Why all this doubts right now? Any altcoins can pump since bitcoin is surging higher right now, once bitcoin gets tired it's dominance will start decreasing as well, altcoins will start revaluating big time and almost all altcoins will be profitable

[Rowenta]

Although you are right,but it seems nothing is working for altcoins any longer even they are improving on there activities to keep the project running. So good are not moving in price and they almost look like die project. I pray they move along.

It shows that you aren't here in last 2017 bullrun, bitcoin always take the lead for a long time, like weeks before altcoins start benefiting, don't expect altcoins to start surging because Bitcoin is surging too, things don't work like that in Crypto space

[Inkdull]

You duty is to make sure the altcoin project is huuuge, if not do not bother wasting your money or trying your luck out, another thing is binance launchpads, they gives good returns even if the projects aren't good enough so for profits you can go for binance launchpads, if you plan on holding for long term them out your research skills to work

[Twinkledoe]

You duty is to make sure the altcoin project is huuuge, if not do not bother wasting your money or trying your luck out, another thing is binance launchpads, they gives good returns even if the projects aren't good enough so for profits you can go for binance launchpads, if you plan on holding for long term them out your research skills to work

Only those with actual applications can sustain their market in the long run. So as much as possible if you can find a project with actual use case and with active users already, that would be better. Also, look for their partnerships with other companies, if they do have collaboration with big companies, it means they can proceed without collecting funds from the community and they are pressured to produce results because there are other companies relying on them.

[Gorosden]

If you know how to do good research you will know which project is best for you, for example check out how experienced the team are and how serious they are with the project, you can get answers from the team direct with very good questions, make sure they answer all questions and not avoid any