Buying New altcoins /Tokens for new Altcoins - Be Careful

Folks,

Nowdays we see new Altcoins projects getting launched every day and by almost every unknown persons/groups. So we should be very careful in choosing them, not all of them are PROMISING PROJECTs, some are out there for making quick money by creating initial hype and later on opting for pump and dump for the leaders, gather profits and vanish from the scene.

We should never go by the HYPE, do your due-deligence, always verify the project whitepapers, if u really see some promising leaders promoting it or promising developers working on the project, and if the new altcoin has tie ups with major companies, banks, healthcare etc., then give it a go by purchasing some coins first and once it launches in the exchanges, see the progress and slowly pump in more coins!!

Further verify the whitepapers what new technology/security feature they are offering in their coins compared to the existing ones in the market....Do u know that apart from Bitcoin, there are around 900+ coins listed in Bittrex and polonix exchanges and all of them say that they have some new security or enhanced features in their coins and all of them say their coins are UNIQUE...phew, we already have enough of them !!

SO, dont fall prey for quick-rich altcoins or fake altcoins, go for long term stable coins which are listed in coinmarketcap.com by doing ur own research and by looking at graphs of their performance since last 1 year in Bittrex and polonix

Bottomline: TRUST UR HEART...BUT GO WITH WHAT UR MIND SAYS :) :)