Topic: Any tips on how to tell if a coin will flop or not? - page 2. (Read 1046 times)
It is hard to improve on the bitcoin blockchain model and most altcoins offer very little in the way of improvements. As one other person said - even though there is mystery surrounding where bitcoin came from, you should only invest in places that have registered companies and transparent owners. Many people will turn greedy when others throw money at them, so it is difficult to predict them going rogue. There are also big traders who rig temporary bubbles.
Dude, they're all destined to go down in flames, all except a small handful--and those are already on the market. So it's a safe bet that any piece of shit coin that got released in the last year and any coins scheduled for release in the future aren't worth owning. There's no way to tell exactly, because some of these shits have pretty slick marketing campaigns. But once you realize that they're designed to fleece noobs, you'll see all of them for what they really are. Garbage.
There are few things you have to look into before investing in any alts, like;
1. developer team
2. Their roadmap
3. They are backed by any registered company or not
4. How much they are saving as development fund
5. Are they using escrow for ICO or not
1. developer team
2. Their roadmap
3. They are backed by any registered company or not
4. How much they are saving as development fund
5. Are they using escrow for ICO or not
There are plenty of altcoins that would have made a huge profit if we invested into them when they first came out, however there are so many others that just fail. I know that this is just high risk <> reward, but is there any useful tips to make a decent guess as to if an altcoin is worth investing to when it is released?
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