Hello there! If you're new in the world of Crypto or you've been around for a while, you must have heard that before investing or HODLing any Cryptocurrency, you should make your own research on the future potential of the Cryptocurrency so probably you don't make a huge lose or go WREKT.
But how do you make such a research and be sure that your coin could yield high interest maybe in a year or 2 or even 5 years time? Well, below are my suggestion looking that I've been in the world of Crypto for a while, I've learned from mistakes and from others with way more experience. Please note that these are absolutely my suggestions and you should reason on them before you proceed to follow them.
The first thing I usually look out for is not the current price of the coin or how fast the chart has gone in the past few days or weeks but what I consider most important is the idea behind the project. There is always an idea backing each Crypto currency, first find out the idea and consider if those ideas will be solving some serious problems. Usually if the idea of the Cryptocurrency is strong, there's a 10% guarantee that you'll be benefiting from such project if you HODL.
The second thing you should be looking out for is the project reviews. Dig through the web to see what reputable Crypto experts are saying about the coin. If the reviews are great, then there's a 30% chance of the coin's survival in the Crypto world.
The next thing I usually look out for when I'm sure that a coin has a good project idea and good reviews from Crypto experts is the team and their partners or Investors. Make a research on who's creating this Crypto? What are their skills? Their background or expertise. If you're able to find these questions out, you'll be able to determine 10% more if that team could execute the project.
This last step covers the other 50% of my research. How many people are talking about this Cryto? Is it Popular enough? Or just a hand full of people even know about the project because they've received a huge share in the Crypto giveaway? If the coin is popular enough, it will be much easier to find the other 3 steps above.
As I said earlier, these are just my guiding principles and I know there are suggestions from some other people. If you got a great idea that could help, add it below and remember to thumbs up. Stay Safe!
I commend StarLord for his positive corrections. I always say it that anyone should be ready to learn on read.cash apart from earning BCH.