Are new altcoins being too risky? Current market trend

[Ludmilla_rose1995]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

[colinistheman]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

Many traders skip the background verification of the owner profile before investing their real money.The money will be hard earned one by the traders.So it doesn’t take huge time,only 2-3 hours for complete check of the background verification of the project.If the social media account of the owner was real,the trader can choose that altcoin.The important one is the new altcoin will take more time compared to the old potential altcoin.So the crypto traders should have the more patience in the cryptocurrency trading.

[rodskee]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

But the thing is how do we distinguish if the development team are legit or just a dummy ?
We have seen those scammers that uses names or even faces just to pretend they are a
 legit and good project knowing that not everyone in this space have that deep knowledge
how to dig them all.

[bitterguy28]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

Yes this is what we keep looking because that will validate what future this project is and of course their roadmap and whitepaper , though in time this has not been the basis yet if there is a good team behind then their paper and maps must be accurate to serve their investors and bring them assurance to what they might be looking forward.
and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.