Topic: What encourages you to invest in any altcoin? - page 25. (Read 7229 times)

First of all, I understand that maybe this is our future. Many coins have very good deposits. Most likely most of them will disappear in a few years, which is very likely. Remain the strongest and most promising. And since it's very difficult to guess, you have to spend a lot of time studying and maybe even money. In the end, the fruits of your efforts and investments will bring you huge profits and a decent future. If I had a crypto almanac, I would tell you for sure 

I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin

Yes you are right not only bitcoin can give you a profit theres a lot of good altcoin that give much higher than bitcoin but you need to analyze or find what kind of concept project will boom in the market.
All of us are encourage to invest in ico project because they give back a good profit for all of us meaning altcoin is money.

I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin

before i ignore to invest into the alcoins honestly i do not like to buy any kind of altcoins, friends told me i need to lear how much the altcoins profitable,
bitcoin are profitable but need to find another source how get an extra earning using the altcoins buy and sell strategy he explain to me.
until i prove it because got hugable amount holding altcoins in long term, i get more than 50 percent interest profits.

I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin

4 factors to consider investing in any altcoin, in my opinion:

1-Purpose of the Coin
Check the purpose if it makes sense to you. Do you think its purpose will be reached? Do you think whatever it's offering will be used by masses? No need to be an expert. Just use a little common sense. Would you or other people use this tool or currency to do your/their daily transactions in the near future? If yes, just go for it
2-Road Map
Every coin must have a road map on their official website. A roadmap clearly shows where this coin has been coming and where it's going. On the roadmap you can see all the development has been done on this project. Also what's next and when these are happening. More targets and projects make the coin more valuable.
3-Developer Team
Who are the dudes behind this coin? Check their Twitter, Instagram, Linkedin Profile etc... See if there is any decent project they involved before. Check their education, where they worked before etc... This is extremely important. There are coins out there almost disappear because of the bunch of crackheads behind it. Non of the deadlines on the roadmap hit, no update, no any movement... At the other hand, there are very basic, simple coins with a great team behind it. Just make sure your coin is in right hands. And it's not hard to investigate. Just start with googling their name.
4-Community
That's another important point. When you get on the boat, you will need support. You will need some information source. You need to be under the same roof with other people who support the same coin as you do. Their reddit communities, forums, telegram groups etc... Check if the members are supportive, answering the questions, helping each other and uploading every important news constantly into related channel. If the community is strong, that means coin has a high potential to succeed. And also, a public Slack is an important criteria for you to take deep research into.