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Author Topic: What features should a good altcoin project have?  (Read 982 times)
joaoenmanuel (OP)
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June 11, 2021, 04:18:44 PM
 #1

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
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June 12, 2021, 06:18:20 AM
 #2

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
Almost every altcoin, you can profit with all of them. It's all on you how to determine which of them is the worthiest of your money and time and has those standards that you have mentioned.
You have an idea about use case so that's an obvious answer and characteristic for a project to have. But not all altcoins does have it.



 

 

 

 

 

 


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June 12, 2021, 07:28:15 AM
 #3

The feature must have matched with the idea that will be implemented. that being said that if the team must have a usecase related to the what idea that already taken by the team.
IF there's no usecase and it can be considered as a red flag for the project.
The feature should be dinamic as it will be following the main idea of the project and how good the implementation of the project.

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June 12, 2021, 08:30:35 AM
 #4

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

With the current market trend? NFT and the whole staking. So it's really up to what is the hype at any given time. Before it was IEO, 2017 it was really a boom and many investors making tons of money.

Long term? crypto's like ETH, BNB, ADA will be a good project to invest. We all know how strong they are and how is the support of the community. If you have invested on them during the bearish cycle, they you could have made profit as well, in 3 years time.
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June 12, 2021, 08:38:02 AM
 #5

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

First and fore most, ACTIVE and ENGAGING community. since use case can be develop at anytime with community support since even a token with real use case features will not survive without community backing. So always check if they have good community but be wary of Shill community since this is the sign that the dev paid shill army to show he has engaging community.


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June 12, 2021, 09:32:25 AM
 #6

It should have real solutions to an existing problem for example. This is one of the biggest criteria that I expect from a project. And it would be better if the project is supported by a reputable person too.

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June 12, 2021, 10:25:30 AM
 #7

I personally prefer that the platform they offer is the one that is being discussed in the market, it doesn't have to be monotonous, but it must be able to adapt to increase the credibility of the altcoin because cryptocurrencies change every year.
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June 12, 2021, 11:03:47 AM
 #8

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
Just follow the trend for profit. Look at the swapcoins launched in recent months and how much interest they have gotten. JulD and CAKE were one of them those provided a good return to its investors. Take a look at the ETH based UNI, which has also brought innovation to the crypto market and got deserved value. Surely, the market is not limited with swaps, but you must be open to innovations to earn more. Swaps have become a trend in these days, but we will see more innovations in the future.
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June 12, 2021, 12:10:56 PM
 #9

Most alts gives a better chance of profiting not because of their use case but because of the hype surrounding the project, price are base on speculation even though some alts have the capability to provide some unique service in blockchain but they need time to be fully developed and put that service into use, right now most investors invest in the potential of the project since most of their products are underdevelopment and patience and time is required for this goal to be achieved.

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June 12, 2021, 12:25:02 PM
 #10

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
Actually, there are so many questions like this now, but it doesn't matter because I will give a very simple view for you, namely about investing in Altcoins, so instead of spending time doing research over and over again, it's better for you to choose an Altcoin that is already established popular and already well-ranked in the crypto space, because such altcoins always have great potential for you to invest in.

This is good for investors that don't want to get involve with the current hype but with high likelihood that the project will survive long and with very good foundation. Some examples are ETH and BNB. Though BSC platform got the interest of many users in the past months because of the high gas fees in eth network but I can consider that their BNB is a solid alt because of the platform backing it. Many alts, in my opinion, don't need to exist to begin with. Most are just copy-cats of copy-cats and they are only created for the purpose of getting money from naive investors.
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June 12, 2021, 12:27:31 PM
 #11

The most important thing for a good altcoin project is to have a bunch of visionary and technical people to do some long-term things. Its community and consensus must be established, and it must be supported by big dealers behind it.

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June 12, 2021, 12:48:12 PM
 #12

has everything...wait

*strong support
*has a working product
*listed to an exchange
*good/high market volume
*reputation

I think these are all enough to determine if that project is worth buying. I'm not only pointing for a short-term investment but also to a long-term deal.
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June 12, 2021, 12:59:37 PM
 #13

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
You will find this answer if you try to look at the best altcoins in the market at this time which are alternate to bitcoin:

1) ETH : A crypto based on POW that can help dapps and smart contracts to be built on its blockchain without any fraud and full trust.It is type of blockchain where you can transfer software to other computer and run code anywhere.Although ETH 2.0 is based on POS to reduce the gas and increase TPS.

2)Solana : It is the First blockchain based project which has resolved the blockchain trilemma of security, scalability and decentralisation and the project is running quite well in the market.

3) Cardano: Built by one of the Ethereum intial founder Charles Hosiksons this Pos based crypto is also called ETH killer and also serves the same base to serve as decentralised financial system with security.

I have provided you with some information that why these altcoins are running successfully in the market because they have strong development team behind them, something unique to offer and resolving issues like speed,fees,TPS and many others.There are many coins like LTC,DOT,BNB which are also good and you need to do some research and look for the features they have to know in detail about your question.

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June 12, 2021, 05:08:27 PM
 #14

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

     Indeed, what you have mentioned are some of the most important parts of an amazing project. But you forgot about the most important thing, which is the developers themselves and their backgrounds; whether or not they are reputable people and already posses a lot of experience in this industry. Along with how they carry out the plans stated on their roadmap and the timeliness of the developments. And of course, the way they interact with and how they manage the community within the said project.

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June 13, 2021, 04:15:58 AM
 #15


Almost all features that are to be in a crypto project had been planned already by most altcoins. Privacy had been overly done by some altcoins but still, these altcoins still rely on BTC price. What you should notice by now is that the altcoin that has most of the volume or the top projects in the rank are the ones where investors are flocking. Don't look for something else, just go to the list and check their features and invest in which one you see fit.

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June 13, 2021, 05:33:34 AM
 #16

Which altcoin project in your opinion do we have to get involved with to make a profit y why?

I can say, any project can give you a profit as long as you buy and sell at the right time.  But to get seriously invested for the long term, I think there are lots.  Matic, Solana, Cardano, and UTK is still at its infancy stage.  So if you wanted to get in, now is the right time because they are really cheap.

About what feature, I think the one that has not only use case but can also cater demand and interest of people are good project to invest in.
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June 13, 2021, 07:32:20 AM
 #17

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

There is really absolutely no need for useless things like a white paper, a good developer team, a great community, a functioning wallet, many exchange listings and so on.

All a good altcoin investment needs is a famous billionaire like Mr. Musk, that shills the coin on Twitter. When the media reports about his tweets (and also mentions the coin/token/whatever), the price rises to the moon or far beyond that. All you need is just a glass sphere (maybe a wheel of fortune will do the same) that tells you the next coin he will buy and shill afterwards, so that you can buy it early on at a cheap price. Then sell it after media reports, lean back and wait for his next tweets, which are sending the coin back down to the ground after Mr. Billionaire sold his share of the coins to the hyped average Joe, that is damned to lose tons of is spare money.

That's all you have to do.

[/sarcasm off]

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June 13, 2021, 08:44:21 AM
 #18

Many new coins and tokens are constantly appearing today. I prefer coins that have their own smart contracts. or at least can have an impact on many other projects. not just their coins or tokens. I prefer to explore coins that can have a good impact on many parties. because no one knows what will happen to their project.
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June 13, 2021, 09:15:46 AM
 #19

~
I only invested in Bitcoin, although it is not an altcoin project, but get me into this.
I just need something that can help me pay someone without having to go a lot of hassle to travel, pay taxes, and save time.
See those features, OP?

And no, I didn't include community as part of my reasoning on why I bought one although the community is great.
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June 13, 2021, 09:50:42 AM
 #20

A good coin is not only about been used as a medium of exchange, it needs to have a good team who understand what they are doing and gives investors confidence.

Coming from the first generation of altcoins most failed to hit the exchange because teams didn't plan well which is now an important factor for me as I don't want to be in possession of coins with no value.

R


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June 13, 2021, 10:14:09 AM
 #21

try to see the project developed by Solana, I highly recommend you based on the statistical data that has appeared on their twitter. but I only suggest that it doesn't mean you have to invest immediately.. follow the whitelist program, or maybe you have to participate in some IDO programs. Most of the investors are focused on joining the program..

always looking for information about launches, and you do your own research.

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June 13, 2021, 10:25:41 AM
 #22

Many new coins and tokens are constantly appearing today. I prefer coins that have their own smart contracts. or at least can have an impact on many other projects. not just their coins or tokens. I prefer to explore coins that can have a good impact on many parties. because no one knows what will happen to their project.


I also admit that there are a lot of new coins popping up, but unfortunately most of them are just copycats from existing projects.
This is what ends up being a lot of scam new coins, therefore it is better to invest in coins that do have different features from other coins.
Like ETH and BNB, in my opinion, they have features that are really needed by many investors. I also like BAT which has features related
to digital advertising which does provide something different from other coins. I avoid investing in coins that do not have a clear function.

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June 13, 2021, 11:07:06 AM
 #23

I think the features of the smart contract platform need to developing with better benefits, because so far there have been problems with high transaction costs and network congestion. Then we need to look at Ethereum competitors who want to be better and solve the problems of Ethereum today. From the many competitors of Ethereum, I think Solana has great potential to grow. A smart contract platform with very low fees and and high TPS will increase desire of many others person in to crypto world by participating in DEFI or NFT investments.

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June 13, 2021, 11:49:46 AM
 #24

They should just simply prove what the whitepaper states. If the whitepaper and the team behind it is good enough then there's a lot of reason investors will be absorbed into it.
I like projects with options to let investors do something too. Not just buy and wait because that was the old school way.
There's so many things that could be done. Let them play games, solve something, etc... I think this is one of the good reason why NFT games industry boomed.
It's not just invest and wait for 2 years like what ICO's did back then. You are participating with events while waiting for the investment to grow value.

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June 13, 2021, 12:32:29 PM
 #25

Me, personally maybe the product. Product not means the coin / token. But something that can cause the token/ coin been used. Like BNB, people beside use it as fee in BSC token transaction, their hold event every launchpad will make us to buy BNB coin so we eligible to join the launchpad. That is 1 example the coin been used.

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June 14, 2021, 06:48:55 AM
 #26

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
Frankly the first thing I look at when deciding what to invest in is tokenomics. The second is real world utility. If a project has no real world utility and is just a meme, it will likely not survive in the long run and you will lose your money. If a project has bad tokenomics it will be impossible for you to profit. Many projects have the majority of the token supply controlled by the team or VC and there is constant downward price pressure on the token. That's why I invested in 0xMonero, there is a circulating supply of just 1.6 million, there is no dev wallet to dump on you and there was no ICO/IDO so it's SEC compliant. It has real world utility as they are building a casino, a mixer, and are currently used in two casinos and a DeFi platform.
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June 14, 2021, 09:56:31 AM
 #27

Which altcoin project in your opinion do we have to get involved with to make a profit y why?
The alt-coin that already have a name on the community an alt-coin that already on the top list.
I don't want to promote any new project since we all know that those are too risky to get involved in.
I only trust the old coins that are on top when it comes to long term but in short term or quick profit you could try those new coins but it would be very risky as I stated before.

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June 14, 2021, 10:01:44 AM
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 #28

A big community is a must if we want to make profit. Even the coin's project itself is not really good but if it backed up with great and big companies, many people will follow the project and waiting for the coin sale. It's just simply because supply < demand, price will go high and make profits. That theory is just for a quick profit in a short time.
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June 14, 2021, 10:19:15 AM
 #29

I don't think it's a matter of the features they have, but what their main focus is. a good project is one that has a real use. and if a project has users, no need for very advanced features or services then the coins of that project will stay in the market. we look at ethereum today, many people say ethereum is outdated. but look at the fact that ethereum is still the main choice for those who want to create Dapps. so forget what features they have, but look at the use cases. how many people or companies have adopted. if it lives up to the standards you set, then it can be called a good project.
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June 14, 2021, 10:30:52 AM
 #30

A big community is a must if we want to make profit. Even the coin's project itself is not really good but if it backed up with great and big companies, many people will follow the project and waiting for the coin sale. It's just simply because supply < demand, price will go high and make profits. That theory is just for a quick profit in a short time.

Community drives the price up that's why this the number requirements of an exchange to list a certain coin. But always double check community members because projects are hiring service that invites user involuntary especially on telegram. This makes a fake community that's why there still falling on scam coin because of over confident on the community of the project.

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June 15, 2021, 10:46:32 PM
 #31

~
I can say, any project can give you a profit as long as you buy and sell at the right time.  But to get seriously invested for the long term, I think there are lots.  Matic, Solana, Cardano, and UTK is still at its infancy stage.  So if you wanted to get in, now is the right time because they are really cheap.

About what feature, I think the one that has not only use case but can also cater demand and interest of people are a good project to invest in.
that is why we must also determine whether the investment strategy is for the long term or short. if it's only for the short term then just follow the project that's hype, even for a meme project whose function is not clear can give you many times the profit but remember you have to hit and run, if it's too late you can lose I prefer projects with strong fundamentals, ETH, BNB, Sol, etc. it's quite effective for a long term investment, and as you mentioned the price is still quite low so it's a good time to fill the bag.

choosing a quality project is not a simple thing. There are many things to consider before starting. we must understand each of the risks, following a project that is currently hype can indeed give you a quick profit but the risk is high, on the other hand following a project with strong fundamentals is usually slow but the risk is lower.

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June 15, 2021, 11:30:34 PM
 #32

Working product, active CEO/Community, Weekly Updates or AMA's
Ideally, a good project has a promising MVP or product, a strong community, regularly update information, and trying to provide AMA. These are the signs of a potential project to develop in the future. While active CEO doesn't reflect the sign of a potential project, a scam project also has an active CEO. Even on a scam project, all the members can be active as well. They do this to ensure people that they are a real project. If you are already long time in the crypto space, you must know this classic trick. So, don't believe in an active CEO only.


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June 15, 2021, 11:33:44 PM
 #33

Working product, active CEO/Community, Weekly Updates or AMA's

Check out some OPCT Opacity
Big Fan of Waves too that has all of the above

Are you sure about Waves? Okay, given that they have active development and visible team, however, it seems they are not very successful in attracting users on their platform itself.
Their waves.exchange has been migrated to this new one, however, I don't think they are attracting good trading volume.
But I do agree, some features like working product and active community are few variables to consider for a successful project.
However, one should also consider on its impact to the community. How many are actually using their services?
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June 15, 2021, 11:36:54 PM
 #34

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
If you do ask to elaborate then its hard as of this moment considering on different projects in the market now then its up to someone on making out their own research on which one would really be looking good according to their own criteria but be careful because there are lots of scam projects out there which turns or looks to be legit but actually been created for money grab into its investors this is why you should really be careful if you dont like on getting scammed. Make verification and stick into a project which does have realistic roadmap or goal. Dont get yourself fall into those sweet promises of profits
always look for long term sustainability.

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June 15, 2021, 11:54:14 PM
 #35

Make verification and stick into a project which does have realistic roadmap or goal.
What verification, bro?
Yes, only choose a project with a realistic roadmap and goal. If we see the roadmap is hard to implement or likely fails to run, it is better to not join the project. There are too many projects with a nice goal but ended with an early fail because they make a sweet goal and not consider whether it is possible to implement or not. Or the team deliberately sets a sweet goal to scam people. They only focus on fundraising and collect the money at that stage. Then, once the fundraising or the initial sale phase is over, they will disappear soon.


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June 16, 2021, 02:16:25 AM
 #36

Make verification and stick into a project which does have realistic roadmap or goal.
What verification, bro?
Yes, only choose a project with a realistic roadmap and goal. If we see the roadmap is hard to implement or likely fails to run, it is better to not join the project. There are too many projects with a nice goal but ended with an early fail because they make a sweet goal and not consider whether it is possible to implement or not. Or the team deliberately sets a sweet goal to scam people. They only focus on fundraising and collect the money at that stage. Then, once the fundraising or the initial sale phase is over, they will disappear soon.


Scams happen all the time in crypto that's why the industry isn't so healthy when it comes to these scams. This should be the first they put as a feature like escrow to the funds like maybe the funds are put inside the smart contract that will just release the funds when a milestone is achieved. But today the only way is to trust the team. Maybe if there are reliable people behind the altcoin project, the scam could be prevented.


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June 16, 2021, 02:35:35 AM
 #37

Leaving aside the initial things to make a project accessible to users, what I care most about is its applicability. Most new projects come out unprepared and by the time they have a product, it's just a disappointment. Personally, I'm still not satisfied with this, we're just looking at the price a lot, but there are other things that provide long-term value that people are less interested in.

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June 16, 2021, 03:04:58 AM
 #38

In my personal view, those projects who are in NFT could be good to invest today. Although NFT are not yet the norm but maybe one day the NFT will explode once there's hype. Do in research is necessary to invest in the right NFT project. We know Ethereum, Binance, and Bitcoin are given as potential and good for long term investment. Maybe nft will be the next. 

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June 16, 2021, 03:15:51 AM
 #39

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

The thing is, you have lots of choices to choose from especially when you go to the bounty section whether you want to invest with your money or your time. you have lots of options and most of them look legit until they launch their project then you see that they are not telling the truth and only a few of them remain a few months later. By having enough knowledge and joining group from your local board you can get some ideas from them on what kind of project will be trending this year so that you can invest in its early stage.

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June 16, 2021, 03:29:05 AM
 #40

Most of the projects nowadays has the same features even new projects, indeed as it's the common now to convince investors reason mostly emerging projects were to hard to determine , and as always its all up to us how to figure it out if it really can guarantee huge profits afterwards or it's a genuine project , even though it has a good features because you don't know if it's just a props such those copy paste projects which is scam..
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June 16, 2021, 04:10:56 AM
 #41

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

The best option? is Uniqueness mate that will give people a chance to make a good profit maybe not today but of course in the future because this will find His own market and investors and if succeed comes then Flow of money will come more and more.
I think the best projects to earn a ton of money are still blockchain, defi and NFT. But it all depends on your investment profile, if I think it's suitable, it's not necessarily the same for you. So it all comes back to the risk profile of each investment.
DEFI? come one that wont last for long mate trust me, Defi is just like how ICO comes and now almost dying.









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June 16, 2021, 05:34:40 AM
 #42

Projects that will be there, in the long run, will be my favorite. So I always research their team members, product, and use cases extensively first before investing my money. I don't like anonymous team members, thou' probably it's now always wrong. I like to know who's people I invest my money to. I prefer a long-term project to short hype one. I love to see my money grow together with the project and I love to know the project has a working product before at least in beta version because it could prove its seriousness and have more than a concept. I love it more if it has a real use case in real-world cause I believe crypto is the future and it should be usable in real life

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June 16, 2021, 06:04:37 AM
 #43

Most of the altcoins project has user case that comes with so many features, and this feature differs according to the project area of specialization.

One way I determine a good altcoin is through its platform relevance to the real world e.g Video streaming and gambling platforms with their native tokens if you are lucky to invest in a good altcoin with a good use case you will make huge profits in a short time.
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June 16, 2021, 06:36:43 AM
 #44

A good altcoin project should have a solid road map, real-life utility and a transparent team. Always make it a habit to read and analyze extensively their whitepaper. It will provide you with a summary of their missions and visions. One best example of an altcoin project that fits the above criteria is XSN, the native currency of Stakenet. I invite you to check them out.
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June 16, 2021, 06:55:09 AM
 #45

I think the best projects to earn a ton of money are still blockchain, defi and NFT. But it all depends on your investment profile, if I think it's suitable, it's not necessarily the same for you. So it all comes back to the risk profile of each investment.
Yes, in general blockchain, defi and NFT can still be relied on to make a lot of money, even though all three have different risks, but for everyone they can still choose the three if it is considered very suitable for them to live.

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June 16, 2021, 07:06:12 AM
 #46

Majority of altcoins both new and old already posses better use cases that will fit in any world use cases so I don't see anywhere altcoins are lacking but I'm not a blockchain developer so I believe I can't answer this question right, a Dev should be able to come up with something new and rare out of the box
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June 16, 2021, 08:52:18 AM
 #47

Majority of altcoins both new and old already posses better use cases that will fit in any world use cases so I don't see anywhere altcoins are lacking but I'm not a blockchain developer so I believe I can't answer this question right, a Dev should be able to come up with something new and rare out of the box
Yes, in the majority it is true, but if we look at the minority there are also Altcoins that have no benefits at all and have no real use cases in any world (Altcoin memes), so this also needs to be considered so that everyone does not judge everything equals the best.
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June 16, 2021, 09:23:38 AM
 #48

Good responsive team is important part to make any project succeed along with use case.  You will notice that all altcoins that have succeeded and will continue to succeed provide daily updates to their userbase. If I am not seeing updates for a week or long that's not a good investment. You can read their whitepaper and learn about they are heading.

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June 16, 2021, 09:25:31 AM
 #49

A good altcoin project should have a solid road map, real-life utility and a transparent team. Always make it a habit to read and analyze extensively their whitepaper. It will provide you with a summary of their missions and visions. One best example of an altcoin project that fits the above criteria is XSN, the native currency of Stakenet. I invite you to check them out.
Can a whitepaper project not be faked and only write beautiful words so that everyone will start to be interested in it when they have read everything? because every new project always makes beautiful words for itself without thinking about the failure they didn't expect at all.

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June 16, 2021, 09:35:11 AM
 #50

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
To invest or be part of any project in this crypto market you need to extra cautious as scam coins have increased after 2017 ICO and many shitty or scam coins are in circulation so have a research done beforehand to secure your funds and profit.

-Read the white paper of coin and know it's utility and what they are offering and whether it has potential to survive in the market.
- The team past development projects and how sound they financially as well as technically.
-what type of blockchain technology they are using and their working like pos,pow,poh and mining process.
-no hidden statement and they should be transparent in working.

Rest do you own research and find out whether they are legit or not and can survive this market in the long run.Every top altcoin on CMC has something unique to offer and potential to grow.

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June 16, 2021, 11:23:13 PM
 #51

every new project always makes beautiful words for itself without thinking about the failure they didn't expect at all.
That's the way to attract investors, they offer as sweet as possible with some plans/strategies.
So, if we are an investor, it is necessary to learn it carefully whether realistic/applicable or not. Also, try to check the progress of their some programs if they already did it. Once we find something wrong with them, it is better to not join or ignore it. A good project must have a realistic plan, proper strategy, and applicable programs. I never join a project because of the sweet promises on their whitepaper, but join because of some realistic reasons.


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June 16, 2021, 11:31:56 PM
 #52

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
Real world use case
Project relevance
Non anonymous devs
Good roadmap
Dedicated team behind


These are the only few qualities or factors that you should look upon for a project.
It might not be guaranteed to be a legit but at least these indicators are solid ones.

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June 16, 2021, 11:42:08 PM
 #53

every new project always makes beautiful words for itself without thinking about the failure they didn't expect at all.
That's the way to attract investors, they offer as sweet as possible with some plans/strategies.
So, if we are an investor, it is necessary to learn it carefully whether realistic/applicable or not. Also, try to check the progress of their some programs if they already did it. Once we find something wrong with them, it is better to not join or ignore it. A good project must have a realistic plan, proper strategy, and applicable programs. I never join a project because of the sweet promises on their whitepaper, but join because of some realistic reasons.


A lot of investors get fooled by such a sweet offering. Anyone could become a victim of this if we easily just jump on the boat without doing research about the project. I am hoping to have a regulation prohibiting such a game and stop this so we can assure that we are safe and our money will never lose in the air for such a mistake that we never want.

At this moment, it finds hard to know which one is legit and which is not especially for new projects. In fact, some to find legit at first but it turns scam in the end.

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June 16, 2021, 11:47:50 PM
 #54

Usually its the generation of revenue that catch every crypto investors eye that determines whether the project is good enough for their money. Long term effect to human usage is the second aspect of altcoin should making a selection of altcoin.

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June 17, 2021, 03:11:04 AM
 #55

Usually its the generation of revenue that catch every crypto investors eye that determines whether the project is good enough for their money..
The active revenue will be coming from the usability of the product. These days there are lots of project have been manipulating it. We have learned a lot from the litecoin case when a crypto without active income will be a disaster.
The problem is so many developers were not able developing a useful product that can bring them revenue. this could be the main point but how solid the product must become another point as well.

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June 17, 2021, 03:49:09 AM
 #56

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
Real world use case
Project relevance
Non anonymous devs
Good roadmap
Dedicated team behind


These are the only few qualities or factors that you should look upon for a project.
It might not be guaranteed to be a legit but at least these indicators are solid ones.

i agree with you. first don't be anonymous, the background of the development team should be transparent. and they must also have the ability according to their field. and real use is also important. without users, no matter how good the project and the platform is it won't make it worth it, because no one is using it. roadmap can also be a consideration. rather than looking at an ambitious roadmap, I'm more interested in a realistic plan according to the capabilities of the project. if this is in one of the altcoin projects you're looking at, it's probably a good one.

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June 17, 2021, 08:38:43 AM
 #57

I don't know why but what always comes to my mind when asked by these questions are old school coins.
I guess it was tattooed in my mind and I can never erase it anymore.

I would always suggest Bitcoin first, then Ethereum. Top coins always tend to be profitable even in just a short time.
Look at Bitcoin, if you bought 1 BTC weeks ago then you are already at $4000 profit.
New altcoins, new projects, and new risks have no telling how it will end up even with DYOR. I prefer looking at people behind it and be sure they are what they say they are.
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June 17, 2021, 01:38:41 PM
 #58

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
The basic thing to look out for when investing is the use case of that coin, a coin that doesn't have a real use case which the community really needs isn't worth buying at all, because it won't survive the market pressure, aside that you should look to invest in projects that doesn't stop growing, meaning there's always something exciting coming up, projects that stop growing end up dying in the long run, but project with real use case and exciting road map keeps staying on top of the food chain.

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June 17, 2021, 01:58:46 PM
 #59

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
I think project need to have a strong concept and they need a clear road map .The project will need to have a strong development team and the activity will be done step by step .The recent hype on Defi and NFT .The project like chainlink ,Uni etc .Those have strong based and concept .So i think you need to follow the above things before you invest any project .

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June 17, 2021, 02:43:19 PM
 #60

The first is their use case. This is very important because if you can't use it then everything becomes meaningless
The second is that the technology must be good, easy to use, long-term developed to be able to compete with other cryptocurrencies.
The last one is marketing. Every product must be marketed, without this step, it will be difficult for users to know and use.

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June 17, 2021, 04:11:32 PM
 #61

for a new project. I guess it has to do with their platform and product development.
Of course, efforts to get the best partnership will always be considered. I always see what projects they have partnerships with. for me this is very important.
with whatever innovation is most important, they have a real product that is developed with progress as on the roadmap that has been created.

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June 17, 2021, 04:17:15 PM
 #62

There are a lot scam project on the crypto industry. For the project to be successful, the project team must be strong and Skillful. The team must complete the work on time as per the roadmap and have a good product for the project.

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June 17, 2021, 04:23:40 PM
 #63

The best project is the project who has good and hard working team, Active Community, Good Holders and Have some hype on social media. If you see any three qualities from these qualities in any project . Then must Invest your some money in that project I hope it will give you good profit. Must see the community if projects community is good then see other qualities, because the community is backbone of any project.

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June 17, 2021, 04:58:43 PM
 #64

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
It does not seem as if you are interested in the long term health of the project and you are only interested in making money, in that case then almost any coin could serve the purpose, just a reminder, investing is risky by nature and when you add things like investing in the market not really knowing what you are doing and using leverage then the risks multiply themselves many times over.

You are a newbie so I would not recommend you to begin investing in altcoins right away, begin the way most people do with bitcoin and then if you still want to invest in altcoins then you can consider it.

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June 17, 2021, 05:10:17 PM
 #65

A good coin must be fairly distributed and it must be decentralized or be seen to be on a path to full decentralisation! The issue of energy efficiency in creation and operations of coin will be a serious consideration for investment and use cases going forward!

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June 17, 2021, 05:58:47 PM
 #66

Lots of scam projet are available in crypto industry so always try to more analysis before doing invest. For knowing the features of good alts project you must follow their roadmap and their contributions into their related fields.

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June 17, 2021, 06:20:56 PM
 #67

The first thing I notice is how strong a project's team is. How actively they are working. What is the role of the team of leaders leading the project? How customers feel. I think a good altcoin project must have these qualities

The project team is one of the most important components when choosing an object for investment. I am sure that if you see such names as Vitalik Buterin, Gavin Wood and Andre Cronje among the team members or consultants, then you can be sure that such an investment is correct.

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June 17, 2021, 07:35:45 PM
 #68

Should have the features to stand alone during the bear market, must also be able to stand alone when the trend is no longer active because the new altcoins we have today are mostly built on hype of trends like the meme coins that has been going round this season.
They must also have a dedicated team and partnership with strategic partners.
The team must be transparent and not contain any form of lies and deceitful otherwise, that will mark the beginning of their downfall.
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June 17, 2021, 08:36:40 PM
 #69

Yes your are right before investing in a project first of all check if it has a use case, make sure you know what the project is all about, check it's back up, check how active their community is and also how hard working there are in terms of pushing the project forward, but it's so bad most investors don't even make these researches there just invest blindly on new projects not even  knowing what the project is all about and this is more reason why most investors get scammed and also lose funds while investing.

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June 17, 2021, 08:46:58 PM
 #70

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?

EOS, the community and the fundamental is really great. Also you can stake the coins to support the network and earn reward of it, so you can lock your coins for a long time.
The feature that will be great is EdenOS and Bullish Exchange.

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June 18, 2021, 10:15:51 AM
 #71

The best project is the project who has good and hard working team, Active Community, Good Holders and Have some hype on social media. If you see any three qualities from these qualities in any project . Then must Invest your some money in that project I hope it will give you good profit. Must see the community if projects community is good then see other qualities, because the community is backbone of any project.
That is what I used to believe as well. A team that is honest, legit, hard working would be able to make any project a good one. However I realized that talent and money plays a huge huge huge role, probably the biggest role as well, sure others are still important but not as much. You can be honest, you can be legit, you can work 7/24 non-stop 10 people, but if you have zero capital to promote then your coin will not be anything at all, that is what I happened to the project I was checking out, they were all great people but they had no money so they couldn't do marketing hence the price dropped to insanely low levels.

This is why I do not invest into projects without checking the treasury address, usually there is a good amount but unless it has 1+ million dollars I am not investing there, I need to know the team is rich enough that they would help the project, a poor team means a poor project.

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June 18, 2021, 10:26:19 PM
 #72

A good coin must be fairly distributed and it must be decentralized or be seen to be on a path to full decentralisation! The issue of energy efficiency in creation and operations of coin will be a serious consideration for investment and use cases going forward!
Yes, but the energy efficiency in coin creation and operation is often not in line with the plans that have been prepared by the team so that it is often considered a serious problem, which they must solve once they start making coins.

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June 18, 2021, 10:40:46 PM
 #73

The features that a good altcoin project should have is that it has a professional whitepaper and an expert team, it has a roadmap that contains many goals, the project provides constant updates on social media sites, and there is continuous development.

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June 18, 2021, 10:45:02 PM
 #74

The features that a good altcoin project should have is that it has a professional whitepaper and an expert team, it has a roadmap that contains many goals, the project provides constant updates on social media sites, and there is continuous development.
There were projects that are constantly giving updates of their progress but there's no actual development.

I'll choose to have more development and just late in or don't give updates most of the time but very consistent in the development. Because updates are very typical by these projects through their social medias.

Or with their chosen channel to update.

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June 21, 2021, 07:10:59 AM
 #75

The features that a good altcoin project should have is that it has a professional whitepaper and an expert team, it has a roadmap that contains many goals, the project provides constant updates on social media sites, and there is continuous development.
Yes, that's true, but in the last two years there have been so many projects that falsify Whitepapers along with completely non-existent team compositions, this is what everyone is really worried about when looking at and researching Altcoin projects.

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June 22, 2021, 01:12:05 PM
 #76

A good team of developers behind,  good and legitimate partners, use cases, a road map on their website, also very important, a community. I also appreciate a coin that has a mission and a vision that make the token itself speak to people and also have a purpose that is beyond trading. I must admit that I fancy utility tokens. This for example is a project that really speak with me because of the way they are presenting their project and also has reliable partners https://bitcointalk.org/index.php?topic=5344159.msg57244363#msg57244363
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June 22, 2021, 01:52:12 PM
 #77

A good team of developers behind,  good and legitimate partners, use cases, a road map on their website, also very important, a community. I also appreciate a coin that has a mission and a vision that make the token itself speak to people and also have a purpose that is beyond trading. I must admit that I fancy utility tokens. This for example is a project that really speak with me because of the way they are presenting their project and also has reliable partners https://bitcointalk.org/index.php?topic=5344159.msg57244363#msg57244363

That's supposed to be the standard in crypto projects but most of the time they only showcase good website presentation but lack of team transparency or anonymous developer. So its up to you to do your own due diligence to research about the project itself


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June 22, 2021, 01:53:22 PM
 #78

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
What features? These are well-known parameters. Firstly, it is the product itself. That is, what are its benefits for the industry as a whole. Community support as well as development team and expertise. There are topics on the forums, how to study the project and analyze it in many ways. For example, starting from where it is registered, feedback, etc. In general, a deep analysis.

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June 22, 2021, 02:57:27 PM
 #79

for now you can buy in top altcoins which also provide a staking feature so you get a return when you save your coins, or you can buy new coins with very high APR / APY but nothing guarantees the price will be stable.
Yes, if there is no guarantee that prices will be stable on APR / APY coins, then it is still better to carry out the first suggestion you said, because the top altcoins are always better to have in various programs including staking.

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June 22, 2021, 05:50:15 PM
 #80

Features stated on the information provided by the team developer must be relevant to the goal and the aim why the project is conducted and it must not just too good to be true because there are recent cases that such projects are hard to believe making people to take avoidance or ignore such since many cases have been linked that such projects are scam ones and a waste of time and money for investment. Features must be establish in a sense that they can be applied on a real life scenario provided that they can be useful in the community and not just for some sort of money making business with no use.

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July 04, 2021, 10:33:01 AM
 #81

I think the best projects to earn a ton of money are still blockchain, defi and NFT. But it all depends on your investment profile, if I think it's suitable, it's not necessarily the same for you. So it all comes back to the risk profile of each investment.

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July 06, 2021, 03:36:32 PM
 #82

I think the best projects to earn a ton of money are still blockchain, defi and NFT. But it all depends on your investment profile, if I think it's suitable, it's not necessarily the same for you. So it all comes back to the risk profile of each investment.
Yes, and I personally only like two, namely blockchain and defi,
while for NFT it's not that I don't like it but rather that it's not suitable because the project is engaged in the arts and games.

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July 06, 2021, 04:41:44 PM
 #83

Choosing a project before making a decision to join is very appropriate. More clearly, I myself still don't really understand what kind of project is right for me to join in the hope of benefiting from it. One of my considerations before joining was to learn about its purpose and who manages it. On the other hand, I always put a positive attitude towards all projects.

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July 06, 2021, 06:10:32 PM
 #84

I think a good project should have a committed team no matter if it's a contracted or volunteer team, updates and facilitation for users regularly. To facilitate whenever possible the use and understanding of the project for people, a strong community can't be lacking either, because this community will be the basis for sustaining prices or even support for the project to have the strength to move forward.
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July 06, 2021, 07:44:50 PM
 #85

The best one is funding, if there is funding then people can do something with it, and unfortunately these days creating a coin is not enough, people somehow expect you to do marketing for it as well? I do not understand that, I do not remember satoshi going around the world putting ads for bitcoin, neither Ethereum and Vitalik or even Charlie for litecoin, none of these were like getting big ads.

Nowadays you see tezos on mclaren formula car, like what the hell is that? And not only that is bad for decentralization, but people are literally willingly give money to project owners just so those project owners would spend that money on advertisement and bring more people and evidently money with it so that the price would go up. So basically we are all putting people in charge of coins and making it centralized and making someone rich just for marketing purposes, just doesn't make sense. However that is how it is, so that is how you should look at it too.

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July 06, 2021, 07:53:42 PM
 #86

~
This is one of the problems that investors tend to have when it comes to crypto investment. They somehow need to be a bit knowledgeable enough to how blockchain works.
One team would just claim that they are good and the project their making would be futuristic by throwing some random technical stuffs.
It is like saying that you claiming that you can build website using HTML, CSS and JS without even proving that you can write codes from those languages and they would believe you.
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July 06, 2021, 07:57:43 PM
 #87

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
All we do need is real world use and relevance because there are some coins which are still on development status and still haven't able to create on what they had promised when they are still on ICO.

You can determine which one is realistic and which one is just too good to be true in terms of actual contribution that it can give.As an investor those factors you had mentioned are common

things that you should checked out, from real usage to team behind the project. You do have your own self will and common sense on determining if its a good or potential one or totally a trash.

R


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July 06, 2021, 11:58:52 PM
 #88

Quality is another basic criterion as a parameter of project success. Quality is the guarantee of a product to provide confidence for the client or end-user to buy or use the product. The Quality Plan is made by the client as a guide for the contractor in working on the project. The size of the technical specification is the extent to which the specified technical requirements can be achieved. Quality measurement will be measured subjectively using the references mentioned in the Quality Plan.
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July 07, 2021, 04:53:53 AM
 #89

In terms of features, I think the features needed are more complete and better features than existing projects. Well, we know that most of today's projects are developments of existing projects. other than that, try to see their partnership. it will also determine the quality of their project. right now, I'm just looking for a new project related to binance. I think that binance has its own terms to define new projects they work with.
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July 07, 2021, 05:25:13 AM
 #90

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.
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July 07, 2021, 09:39:23 AM
 #91

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
I would say that the most important feature is real world utility. Also, buying projects that are mineable without a team wallet will protect you from exit scams and rug-pulls.
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July 07, 2021, 01:44:28 PM
 #92

In terms of features, I think the features needed are more complete and better features than existing projects. Well, we know that most of today's projects are developments of existing projects. other than that, try to see their partnership. it will also determine the quality of their project. right now, I'm just looking for a new project related to binance. I think that binance has its own terms to define new projects they work with.

Almost every new project now is just clones of existing ones. Even in Defi all the new projects are practically just smash and grab of Uni/Sushi etc and just recoding smart contracts. Now it's all a smashed up collection of smart contracts. 100s of devs working together or individually and putting it all together like a coded Frankenstein.

Features? Not important, because projects can quickly copy paste (unless everyone goes like Uni and makes their code closed source).

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July 07, 2021, 02:28:11 PM
 #93

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
if I want to invest in a new crypto project then the main thing I supervise is the team and also their concept...

To be honest, currently, there are hundreds of crypto coins that have good potential but are not have interest in the market because of a lack of marketing and there are also crypto coins with excited marketing teams but end up scams. For me, these two things are very important and become a reference for investing.



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July 07, 2021, 05:57:05 PM
 #94

Doxed team!
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July 07, 2021, 06:03:23 PM
 #95

A strong and good project has several features that are very much important and effective, good and expert team management, support community, products launched, exchange list and IEO running on Good exchange, and definite whitepaper and roadmap.

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July 07, 2021, 06:06:02 PM
 #96

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.

Liquidity a last stage of a good project. If a project could run it's IEO on good exchange , finally it would get enough liquidities.

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July 07, 2021, 06:14:15 PM
 #97

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.

If projects are listed on cex or dex, than that's the best thing to look at. Without liquidity, there is still a great chance of becoming a scam project as well as team could easily rugged pull that. On the other hand, few projects are having fake liquidity or trading volumes on cex by the team which is dangerous for investors. So, we need to be careful about those fake projects which are having liquidity but don't have any usecases, IMO.

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July 07, 2021, 06:39:37 PM
 #98

I pay a lot of attention to the liquidity of the coin, a lot of coins have no liquidity.

If projects are listed on cex or dex, than that's the best thing to look at. Without liquidity, there is still a great chance of becoming a scam project as well as team could easily rugged pull that. On the other hand, few projects are having fake liquidity or trading volumes on cex by the team which is dangerous for investors. So, we need to be careful about those fake projects which are having liquidity but don't have any usecases, IMO.
A lots of cryptocurrencies projects in dex and cex that's have not enough liquidities. Due to not have enough liquidities, projects turning into shit projects.

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July 07, 2021, 06:49:42 PM
 #99

I think a good project should have a committed team no matter if it's a contracted or volunteer team, updates and facilitation for users regularly. To facilitate whenever possible the use and understanding of the project for people, a strong community can't be lacking either, because this community will be the basis for sustaining prices or even support for the project to have the strength to move forward.
As much as the team is important for success I think you must also verify that the team is not fake and the members and faces put on the website are actually working with the project. I have seen some stolen whitepapers and fake team members listed in some projects and talking about WP, read it carefully before putting a penny into the idea.

There are 3 things mainly to consider while investing:
1) Whitepaper
2) Team
3) Idea and longevity of the project

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July 07, 2021, 07:01:59 PM
 #100

I think a good project should have a committed team no matter if it's a contracted or volunteer team, updates and facilitation for users regularly. To facilitate whenever possible the use and understanding of the project for people, a strong community can't be lacking either, because this community will be the basis for sustaining prices or even support for the project to have the strength to move forward.
As much as the team is important for success I think you must also verify that the team is not fake and the members and faces put on the website are actually working with the project. I have seen some stolen whitepapers and fake team members listed in some projects and talking about WP, read it carefully before putting a penny into the idea.

There are 3 things mainly to consider while investing:
1) Whitepaper
2) Team
3) Idea and longevity of the project
Just to add to the main 3 points above, investors and partners list, product development stage i..e is there a prototype in place or will everything need to be made from scratch, how experienced the team is and what relevant projects have their worked on, is their Github repository public and available for anyone to see. I'd also look at the social media side, do they have strong marketing, do they have a CMO already or do they have to hire one. All of these are indicators of a project's ability to perform and sustain itself long-term.
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July 07, 2021, 07:26:40 PM
 #101

~
I had seen some Github repos that are active in the first few days of the same month, then there would be little to no activity with the upcoming days.
Though I wouldn't consider Github repos to be the only thing to look at because I could just erase whitespace and do a push it to the repo to add to the activity.
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July 07, 2021, 08:27:06 PM
 #102

For me it's an idea that counts and if they have features that disqualify projects in my view.

Premine, centralization, copying or forking another coin. This things mostly disqualify a project in my eyes but there's more like a fake team or an anonymous team, how the site is build, are they paying for reviews and articles, are there any known scammers in the team... There's a lot of stuff that I look at and I never invest in new projects. I always give them some time to get listed and such.
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July 07, 2021, 11:23:56 PM
 #103

There may be several criteria that can influence a good project.
However, I personally will think about:
- The real team with experienced and professional members (clearly stated in the website and also social media, not the fake one).
- The real use case of the product to be used and that is available to be used for community
- Active in the social media and other promotion
- Getting partnership with popular merchants or other institutions
- Listed on middle and top exchanges
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July 08, 2021, 06:29:57 AM
 #104

The vast majority of altcoins come from clones of Bitcoin source code. The most basic thing about altcoins is to be listed on exchanges and get strong support. Let's take a look at his technical team. Is the technology mature? How long has this team been exposed to cryptocurrencies? Whether you have experience or not, will you give up halfway and stand out among many altcoins,,
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July 08, 2021, 07:01:32 AM
 #105

I think the best projects to earn a ton of money are still blockchain, defi and NFT. But it all depends on your investment profile, if I think it's suitable, it's not necessarily the same for you. So it all comes back to the risk profile of each investment.
All the projects are built on the blockchain technology so it's not a specific project but a technology, that is blockchain.

Choosing a project before making a decision to join is very appropriate. More clearly, I myself still don't really understand what kind of project is right for me to join in the hope of benefiting from it. One of my considerations before joining was to learn about its purpose and who manages it. On the other hand, I always put a positive attitude towards all projects.
I have a polar tendency as compared to yours. I always look at every project as if it's existed to scam (unfortunately been scammed many times, so have to go this way) and then I start my research like what are the fundamentals of the project, who is behind the team and what are they looking to achieve and whether what's being talked is realistic and achievable or just being lunatic in their approach.

There are many things and it's not possible to list them all but if you can do a rough fundamental analysis then you don't have to do much else.
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July 08, 2021, 06:48:20 PM
 #106

if I want to invest in a new crypto project then the main thing I supervise is the team and also their concept...

To be honest, currently, there are hundreds of crypto coins that have good potential but are not have interest in the market because of a lack of marketing and there are also crypto coins with excited marketing teams but end up scams. For me, these two things are very important and become a reference for investing.
Lately I have seen way too many times when a good team that didn't want to scam anyone just end up failing. I used to believe that team matters the most as well but turns out the team being good people who are legit and not scammers is not enough, even concept being awesome is not enough, because you could have 10 amazing coders, 10 amazing designers and some marketing or moderator and what not type of other stuff with it and you could still fail. This is why I am not entirely sure if team is enough.

There is this "viral" thing that is going on where a coin goes viral and suddenly it becomes very valuable, doesn't even need to be a great coin, it could be some bad copy cat and it still goes super high if it goes viral. I do not know what makes something go viral, but without that there is very small chance any coin could be in top 20-30 even if has amazing creators and superb idea.
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July 08, 2021, 07:35:06 PM
 #107

In my opinion, altcoins provide features that are useful in the real world for many people, such as security, economy, environment-friendly, fast and have good innovation and progress.
There are so many altcoins nowadays, you can choose old proven projects. It's more profitable
Yes, and don't forget to always choose old Altcoins that already have real products and use cases that are really useful in all societies because such Altcoins will not die easily and always have good potential when the market goes bull.

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July 08, 2021, 08:22:55 PM
 #108

The vast majority of altcoins come from clones of Bitcoin source code. The most basic thing about altcoins is to be listed on exchanges and get strong support. Let's take a look at his technical team. Is the technology mature? How long has this team been exposed to cryptocurrencies? Whether you have experience or not, will you give up halfway and stand out among many altcoins,,
Yes, I slightly agree with what you say because the main source of cloned Altcoin code is Bitcoin so that it can give birth to many Altcoins where they all have to compete with each other in the cryptocurrency market every year.

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July 09, 2021, 09:53:07 AM
 #109

This is one of the problems that investors tend to have when it comes to crypto investment. They somehow need to be a bit knowledgeable enough to how blockchain works.
One team would just claim that they are good and the project their making would be futuristic by throwing some random technical stuffs.
It is like saying that you claiming that you can build website using HTML, CSS and JS without even proving that you can write codes from those languages and they would believe you.
It seems you don't understand what I mean. What I need to emphasize is that what I understand from
joaoenmanuel is a good Altcoin project according to him to generate profits. So my answer to the question is to put forward positive thoughts and study first before making a decision to join. And I myself also said what exactly I have (lack of knowledge about cryptocurrency world).

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July 09, 2021, 10:41:06 AM
 #110

In my opinion, altcoins provide features that are useful in the real world for many people, such as security, economy, environment-friendly, fast and have good innovation and progress.
There are so many altcoins nowadays, you can choose old proven projects. It's more profitable
Yes, and don't forget to always choose old Altcoins that already have real products and use cases that are really useful in all societies because such Altcoins will not die easily and always have good potential when the market goes bull.
But to tell you that not all old coins are promising and it was not the basis in choosing which altcoins to invest instead, we have to look at its current market trend and volume because in that we way we can simply think what would its possible trend in the future. I believe that those coins who already have a working product will able to compete in the market but this will not sure that everything will be meant so good and profitable.
But for me, I mostly choose those altcoins that have been in the known and reputable exchanges aside from what you have mentioned.

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July 23, 2021, 02:21:27 PM
 #111

When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?


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July 23, 2021, 03:15:32 PM
 #112

For me, if you are into gaming like these play-to-earn games and NFT you will be interested.  If you only knew the top blockchain game so far.  So you can get your capital back or invested in a short period of time, maybe 1-2 months is enough.  You should also know the true purpose of a project or platform, you are assured when many are active in the community and support it.

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panjay
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July 23, 2021, 03:21:10 PM
 #113

From what I observed was a cult-like following who defend the tokens no matter what, xrp,ada,link have a cult like following and have a decent pump in this cycle. The token got bash at media social the cult will defend and still buying their own token, still exist in next cycle.
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