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

[swiftbits]

If they are well-established with a REAL huge community. social media numbers and market activity can be manipulated.
I don't trust them fully, as I see shitcoins projects pay their community by maximizing their social media presence.
Maybe you can consider reviews from well-trusted sites and people.

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[gwdf1]

If they are well-established with a REAL huge community. social media numbers and market activity can be manipulated.
I don't trust them fully, as I see shitcoins projects pay their community by maximizing their social media presence.
Maybe you can consider reviews from well-trusted sites and people.

The development of technology is probably the main indicator of the development of any cryptocurrency. If the technology of the cryptocurrency Foundation cannot fulfill the tasks set for it, it is unlikely that it will be able to exist in the long term.

[Mahanton]

There are 3 things that I base on to find out any worth Altcoins to invest is :

1. Capitalization on market
2. Development team and what issues do their product solve now and in the future
3. Be supported by big investment funds

These things wont really be enough as a good indication for an Altcoin is worth to invest in.

-They wont make capitalization in the first place if they do failed up initially.
-Most coins that has value arent always having that real life usage or relevance
-It all matters with liquidity but doesnt mean that if a coin had been traded by the masses it already
means success.Time will surely tell.

Altcoin is worth on investing if you do really see its relevance and potential real life usage.

[1l1l11ll1l]

If they are well-established with a REAL huge community. social media numbers and market activity can be manipulated.
I don't trust them fully, as I see shitcoins projects pay their community by maximizing their social media presence.
Maybe you can consider reviews from well-trusted sites and people.

And how do you distinguish "real" communities from fake ones? I think the most effective way is to check the team background. If they have a team that is not related to project goals, for example they create a platform about climate and weather but they have a team that deals with livestock, I'm sure that would be the first alert to be aware of.

[CapGelatik]

Altcoins that are worth investing in are altcoins that have team strength, and fundamentally,
if the fundamentals of a team are strong, of course the project will have great potential, especially like Tron, and Waves,
even though these two coins are very good this year, but which shows an increase amazing are waves,
but there will be times when Tron will also ride amazing

[target]

Altcoins that are worth investing in are altcoins that have team strength, and fundamentally,
if the fundamentals of a team are strong, of course the project will have great potential, especially like Tron, and Waves,
even though these two coins are very good this year, but which shows an increase amazing are waves,
but there will be times when Tron will also ride amazing

Took a lot of time for Waves to advance this fast, its like they have their own pace of bullrun. I think many of its investors lose interest in the project when it dip to its lowest despite how high the price was during 2017. It's sort of a pump and dump centralize platform. This isn't even a top project right now. But the two TRON and WAVES announced recently about their strategic partnership which is why they got this massive jump.

[Alohadanc3]

There are lots of projects which scammed with people or leave the development in the middle. So now investing in a project is bit risky for many people. There is no specific checklist which can save you from these kind of scam. The only thing which can save you from is your knowledge and experience. If you have enough knowledge about the market and investment strategies then it will be very easy. Where ever you investing before that gain some knowledge about the investment. That's it.

[shiming]

Whether cryptocurrency is suitable for investment.  This is a topic discussed by many people, and everyone has a different view.  When we are exposed to cryptocurrency.  First look at the content of the project white paper.  Does the official website exist?  There is also whether the project promotion media is running, and whether there is a more direct dialogue with the project manager in Telegram.  Check whether the project owner is authentic.  Is this idea true?  This is easy to observe.  Check if the project is real.  We need a lot of investigation.  Whether it is suitable for us to invest.  You need to be careful when investing in cryptocurrencies.  After all, there are many scams in the cryptocurrency world.

[nrvasquez]

If they are well-established with a REAL huge community. social media numbers and market activity can be manipulated.
I don't trust them fully, as I see shitcoins projects pay their community by maximizing their social media presence.
Maybe you can consider reviews from well-trusted sites and people.

reviews from well-known sites are indeed quite good to take into consideration, sometimes I also see reviews from experts about the projects I want to invest in, if the reviews are positive and they have a good team, then I will buy the coins,

This could be a pretty good method, but I could still see that people would be "endorsed" even though they were experts. so we better do a thorough research of the team on the project. If their team is credible as well as competent, I believe they can build a good project

[Phoenix_PROG]

This topic is generally stalking about investing on new projects I think, well new projects are more risky to invest money on, even if they are high quality project with good products you can't tell for how long they plan to be around, that's the main issue with most new projects, for longevity assurance old top altcoins are more trusty but with new altcoins you need to put in more effort when keeping them, make sure you track their developments

[MUG1WARA]

The safest way is to first know the team that is in the project, after that you have to read the whitepaper to know the purpose of the products they offer and see the team's performance. besides that you can also check the community

[kpierce77]

You have to be lucky to make 50X or 100X of an altcoin. You never know which coin will pump, back in 2017 lots of shit coin pumped to 100X then dump after few days. So it's not like if you research find a good coin and invest, I have seen many good coins won't pump more than 10X. so it totally up to luck.

100x is insane for shitcoin, and I think maybe only certain projects were able to hit 50x. What we need is the product as well as the team behind a project. if both are good, then it is certain that the project will be good. a project with a good product and with a credible team will be a project worthy of our investment

[umityesil]

Theta Coin https://bitcoinheat.com/2020/12/14/theta-coin-price-prediction-2020-theta-coin-analysis-theta-crypto-theta-token-chart-theta-value/

[InwardContour]

For me to find a decent altcoin, it must have several important requirements,
is that the altcoin project is active in social media because social media is a fairly effective communication,
a road map that is already running well, a strong and experienced team, and a few more conditions.
and of course, all must be done with analysis first

I think the most important point you made is that an altcoin is worth investing if it has "a strong and experienced team". If a team is capable to achieve goals and has a strong community supporting them, then the project is already 50 percent successful. Also, there should be very good project backings. For example Injective protocol is backed by Binance, this gives investors some level of hope. Whitepaper and Roadmap nowadays can be well written / designed but yet the project is scam, hence even though I check through to know project aim and milestones to be achieved, it's not really what makes me invest in a project.

[tabas]

For me to find a decent altcoin, it must have several important requirements,
is that the altcoin project is active in social media because social media is a fairly effective communication,
a road map that is already running well, a strong and experienced team, and a few more conditions.
and of course, all must be done with analysis first

A lot of scams are much more active in social media. They easily get victims through active marketing and also being active several social media to converse with their potential.
That's not a guarantee factor to have a social media presence as a good project. Although that one can be just an added factor but don't wholly rely to that thing if you're looking for a legit project.

[pelumi20]

I truly don't see investing in altcoin as a worthwhile venture, I incline toward the idea of trading. Investing seems as though placing cash into a project for occasional interest and that is not what I'll jump at the chance to connect on the grounds that the cryptocurrency business is very dangerous and I'll rather buy a couple of coins with the expectation of selling when the worth changes decidedly.

[FaucetKING]

For me, it is all about the protocol or the token details, the website, the team behind the project, the supply of the token and the investors. Some project might be backed up by strong foundations and that might be a success factor. It's not clear but it's a lucky process.

[kramat]

in my opinion personally to determine the project is feasible or not I usually look at the product after that I read the whitepaper to see more details such as the roadmap, project objectives and the team behind the project. and what I need to know is the address of the project from which I usually see it using the goolge map

[Oilacris]

in my opinion personally to determine the project is feasible or not I usually look at the product after that I read the whitepaper to see more details such as the roadmap, project objectives and the team behind the project. and what I need to know is the address of the project from which I usually see it using the goolge map

-WP
-Roadmap
-Project team identity

and lastly the Projects relevance.

We know that there are lots of ideas out there that do flood out in the market.You can differentiate which one is really something

that you can trust up when it comes to future aspects. It may fail but at least you had done your job and making use of your common
and researching skills.
its up to someones jurisdiction if they do saw the project is really worth or not.

[vermigerous]

For me, it is very important to observe team staffs and members if they are legit and not a fraud or scam. Also to consider the transparency of the project and the roadmap if it is possible planned accordingly. We should determine the team and the project if it is developing upon time to time up to the long run, so that we could determine whether the project has a good future or not.