Every investor should know the criteria of good coins to invest in.
Because not all coins are worthy to buy or hold.
The use cases and if it can solve real problem are some of the factor to consider when choosing. Doing an extensive research is important to not end up in shitcoins.
Topic: Choose wisely - page 2. (Read 6973 times)
You need to choose a cryptocurrency for investment depending on what goal you set for yourself. If there is a goal of short-term profit, then you need to act on the basis of some priorities, if for the purpose of a long-term perspective, then the parameters for selection should be different.
Of course, for long-term profit, you must first choose a high-quality innovative project with a different idea from the rest and evaluate it from the point of view of business prospects. This gives just the Altcoins, and not coins with their common functionality as a means of payment.
Of course, for long-term profit, you must first choose a high-quality innovative project with a different idea from the rest and evaluate it from the point of view of business prospects. This gives just the Altcoins, and not coins with their common functionality as a means of payment.
An interesting point of view. If we consider it, then there is quite a lot of rationality in it. I never thought of this problem in such a context.
But the truth is, I spent a lot of energy on mining Coins, which now turned into nothing.
But the truth is, I spent a lot of energy on mining Coins, which now turned into nothing.
Altcoins with real use case will never disappoint you on the long run ,altcoins like clear foundation ,Hot (hologen) and skycoin will never disappoint because they have a real use case ,if you choose wisely you Wont have anything to worry about.
There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.
Do not choose coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.
There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.
Do not choose coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.
Holo (HOT) is one of the best coins to hold on long term. Have large transactions and traded at binance. Its true that we have to choose wisely if we are going to invest in altcoin because the risk of investing in altcoin is very high and sometimes there are many altcoins that only pump and dump projects
Earning or making profit in crypto is subjected to the manner in which an investor chooses a coin or project. Because of this, the decision to choose a coin is very imperative in crypto and must not be taking for granted. Choosing a coin must follow an extensive research into that coin in order to know its potentials and capabilities of rising in the future.
Absolutely right your thoughts is really important in everyday life work of cryptotrader, choosing the best coins or altcoins in the market will make us profited. What we need in order to succeed is make a good research coin preferable for long term and a short term.
Altcoins with real use case will never disappoint you on the long run ,altcoins like clear foundation ,Hot (hologen) and skycoin will never disappoint because they have a real use case ,if you choose wisely you Wont have anything to worry about.
There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.
Do not choose coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.
don't say they will never disappoint like you swear with your life on it. Rather say that they will not disappoint. Apart from the altcoins you just mentioned, there are still many altcoins with real use cases, some are gone while some are still around. There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.
Do not choose coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.
i think it would be very excessive if what was mentioned by the OP would not disappoint.
i think everything in the world will definitely make us disappointed. now it depends on ourselves, how to assess the situation and take opportunities that will make us profit.
I totally agree with you. Altcoins with real users and real products may be worthier and more promising for long-term holding or investment.
Some those coins will have increased prices due to the readiness or launching of the products, of course, it will not happen in the short time because a real product or use will need more times to generate and develop their system and products. I personally also will hold for the long term this kind of altcoins.
But of course, being wiser and more careful is still important, we must also analyze whether the real use, products, and teams are really reliable.
Some those coins will have increased prices due to the readiness or launching of the products, of course, it will not happen in the short time because a real product or use will need more times to generate and develop their system and products. I personally also will hold for the long term this kind of altcoins.
But of course, being wiser and more careful is still important, we must also analyze whether the real use, products, and teams are really reliable.
the weakness of altcoin or in this case crypto is that no one has issued a product that can be used. most are just a few developments from blockchain technology, or the development of other internet protocols. and that usually will fail for the long term. if there is indeed a project that issues real use products, it could be a good long-term investment.
There is no point buying altcoins as I am now living in poverty thanks to bitcoin destroying my holdings in HST decision token
But not all altcoins are hopeless today since there are still potential ones that needs to be hold more because they will eventually give profits once their prices increase. With bitcoins, it has a very high value compared to altcoins and a good investor knows how to diversify their investments with altcoins and bitcoin. 
Exactly, but how many altcoins do we have that have a real life usage? Or how many people are willing to invest and then wait for a long period of time in order to realized a good gains? That's why noobs investors just chooses some shitcoins because they don't have that mentality to research and wait to make a good ROI. But if you looked closely, and probably if they don't know how to play the game, they would likely loose more money in the end.
the most important thing is how to know how to choose one of the big altcoins. I think this might be an option. maybe a lot of people still think that the coin that can be mined is a good coin, even though it's not a good thing
But the fact majority of coins that can be mined have no something to offer to the holders, the buyers just make miners get more and more money while they must need a lot of effort to get the new money. That doesn't look good at all. 
That's a wonderful point you have raised. Use case or working products is one of the attributes of a good platform which have the potential to last long term and therefore worthy of Investing. Most people are yet to understand this, thus the reason why most lose out when they follow hype etc. With the rate this space is going, don't be surprised when any project without use case starts losing its members thus dropping in value.
Altcoins with real use case will never disappoint you on the long run ,altcoins like clear foundation ,Hot (hologen) and skycoin will never disappoint because they have a real use case ,if you choose wisely you Wont have anything to worry about.
There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.
Do not choose coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.
There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.
Do not choose coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.
This a very valid point. Its very important to look out for altcoins with real use case in the world because use case makes a blockchain relevant but the ones without use case are not and will never be relevant. Therefore as an investor, we must look out for project with real use case.
Yes choose altcoins with future like you can study that then you can earn in it because this will grow high after you hold this in long
Then example of it are Ethereum,Litecoin,Nano like i'm sure they will grow little by little now then go really high in the future because of the developer that very active like they always develop their own alts like they are trusted for investment then actually really popular worldwide
Then example of it are Ethereum,Litecoin,Nano like i'm sure they will grow little by little now then go really high in the future because of the developer that very active like they always develop their own alts like they are trusted for investment then actually really popular worldwide
You are right because it will later come to the use cases of those altcoins that will determine their survival, any alt that does not have a real use case is not worth investing your money. If it doesn't have anyt use case it will just disappear
I always say that cryptocurrency is a risky business. You either gain or lose money hence one thing you need to take account before investing in a coin is to know how to choose a profitable coin so you don't waste time.
I agree that it is better not to invest in POS coins as they are constantly falling below the baseboard. so far the altcoins in which I have invested and hold over a year only fall and fall. I'm tired of buying them. yet not visible altcoins season
I think that if you choose out of the top 100, you have a very little chance of making a mistake. Of course the gains will be smaller, but it is less risky.
Plenty of great coins even in the top 600, you just really need to to solid research before committing.
Plenty of great coins even in the top 600, you just really need to to solid research before committing.
There are some big altcoins? Please specify or give details of what coins are supported by large companies other than Microsoft. Hmm.. And I want to ask, how do you predict about Libra, we all know that Facebook is behind it as a very large company in it. I want to know your opinion. Thank you in advance.
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