Just do your own research and make your own thinking this is the main thing that I have learned.There are numerous altcoins that are justified, despite all the trouble to contribute. These days there are numerous ICO that ended up plainly effective. So I can state that numerous altcoins that have potential. I am certain that on the off chance that you contribute there, you can acquire huge benefit.
Examples of good ICO and have good potential.
Yes. It is often best to do your own research about a specific altcoin project instead of making your decisions based on other's opinion. Many ICOs that come up for new altcoin releases, look promising, but not all of them are legit since crypto land is full of scams. But those which are legit, and have a well-defined roadmap with their long-term plans, will most likely succeed leaving you with great returns on your investment once they launch for the public.
Right now, there are promising ICOs which are worth investing such as EOS, and Streamity. They have good long-term propositions, and most of all, outstanding technology that will allow their demand to soar once they're open to the public over the exchanges. Of course, EOS is actively traded on the exchanges now, but it's price hasn't soared yet because a stable version of it hasn't been released. Once EOS launches its mainnet, then things would get interesting for early adopters of the same.
Other altcoins which have a lot of potential in the future are NEM and Cardano. These cryptocurrencies have declined massively in price making them a bargain these days to hodl for the long term. Given that they have dedicated development teams and promising technologies, I believe that they'll become much more valuable in the future. NEM with its planned Catapult scalability upgrade, would allow it to rise in value over the long term. On the other hand, once Cardano implements its PoS algorithm, along with a diversity of wallets for different platforms (especially Light wallets) then it would increase in value as well.
These days, while many altcoins have been declining in value, it’s the best opportunity for you to buy the most promising ones and hodl them for the long term. We all know that as soon as Bitcoin rises in value exponentially from $20k and above, other alts will follow, leaving us with more money in our pockets than what we've ever imagined. Just my thoughts