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Topic: Factors to consider to pick the best altcoin - page 2. (Read 1043 times)

jr. member
Activity: 190
Merit: 1
If you really want to invest in altcoins should make sure that the project has its ooffer so you can also make sure that you earn by investing from it, there are lots of scattered rumored altcoins during this cryptocurrency period and you should be wise to choose so here is the Dencoin tokens for good income, so try this project and you will definitely earn a great deal.
sr. member
Activity: 840
Merit: 250
BTC and ETH are a good pair to invest in. But I advise you to look at Monero and XRP. These two coins are very strong in their kind. This is anonymity and the banking system.
full member
Activity: 854
Merit: 103
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Well try to see how much value a coin over time and how much value now, and see how much supply has and if there is enough order to buy it, and if community is active  and you can try invest on.

First, you must not concentrate on one token only. Choose several altcoins. Do not choose Ripple as there are billions of these tokens, and there is too much hype around it. Try to choose IOTA - it has all the chances to stay on the market long as people are interested in the Internet of things. Zcash with its anonymity is worth investing in and Monero also.
jr. member
Activity: 546
Merit: 3
It's really profitable to invest in good altcoins. But their various things to look out for before you buy the altcoin.
- First check their Telegram group and other social media networks to see if it's still functioning.
- Then check what exchanges they are listed on. Make sure it's a good exchange.
- Make sure they are really working on the project and they have new updates. That's a major source of good pump
full member
Activity: 467
Merit: 100
There are lmany factors you need to look out for when picking altcoins. You need yo study the market and be updated. You must know the current trend of that coin before selecting the altcoins. The quality of the project must not be left out. Its very necessary.
jr. member
Activity: 224
Merit: 1
If we talk about factors to consider a best altcoins to invest ,there are a lot of factors that we must see in the project that offers altcoins before picking those and do investments.but as a professional investors they will only look at the quality of the project and that is enough like the Dencoin tokens a quality project that offers good altcoins in the ico of Dencoin tokens.
full member
Activity: 812
Merit: 100
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If now you hold btc and eth then continue because both of them are potential coins for the future. If we want to choose another altcoin to increase investment, we must be selective and do the analysis to determine the best coins. I think the factor that needs to be looked at is the price movement of crypto currencies at least in the last six months, we also have to look at the fluctuations of the competitors of the crypto currency coins we want, and we have to look at the volume that occurs from time to time. We must know thoroughly about this coin. Then, what is also important is the technology that this coin carries. This technology can determine whether a coin will survive or not on the market.
hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
I think mainly what people do is make their choices based on popularity of a coin. A lot of people will always go for ethereum whenever they talk altcoin, and that's because Ethereum is already popular so they don't care what ever, all they know is that it is popular and everyone likes it, so they are going for it. Well, ETH is usually a good choice to make, cause it is one of the altcoins that sometimes won't disappoint. If you're choosing an altcoin you should consider the competition on related coins and potential wallets. Another thing is available market and the development team.
member
Activity: 882
Merit: 13
Well i do think you already holding the best altcoin which is ethereum, ETH is the top 2 in marketcap rankings and the developers are active on improving the block chain especially with regards to scalability and transaction speed.
member
Activity: 644
Merit: 10
COVIR.IO
We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .

For me, the main factor when choosing altcoin is where this token or coin listed. If listed in big exchangers like binance, i will choose token or coin with big trading volume. Sometimes choosing from small or mid exchangers is good choice but i am prefer choosing coin or token from big exchangers with big volume
member
Activity: 756
Merit: 12
We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .

Indeed, a lot factor to consider before choosing best altcoin. The main factor beside developers team is good partnertship with big company. If the project have partnertship with company like IBM or Microsoft, investor must be want to invest
member
Activity: 798
Merit: 10
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Beside Bitcoin and ethereum, i holding several altcoin. I am holding ICX, NEO, BNB, Elastos, and Pchain. I think there is a lot worth altcoin and having working product. My factor when choosing altcoin is the developers team behind and have good partnertship with big company
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .
sr. member
Activity: 644
Merit: 257
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Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

I sugges you hold that first. Dont be too reckless on putting it on alts cause it is very risky. Me, Im dumping some of my alts if I got a good deal on exchanging it for btc and eth. Im feeling very bullish about eth and btc especially many projects are now introducing their line. Im shocked when facebook is really pursuung their cryptocurrency project, thought it was a myth. If they will do an ICO then joined them probably an alt that will soar high.
full member
Activity: 714
Merit: 100
One of the best ways to pick a right altcoin to invest in is to look out for the product of that altcoin. Check out the demand level of the product of that altcoin because cryptocurrency is largely influenced by the principle of supply and demand. The larger the demand, the higher the value or the higher the chance of the coin surviving on the market.
Can you mention some altcoins like what you say. Maybe what you say is very interesting and I am very curious about altcoins that have products. It's true, the more requests the higher the price of the altcoin will be. So I want you to say what altcoin is, thank you
member
Activity: 714
Merit: 14
One of the best ways to pick a right altcoin to invest in is to look out for the product of that altcoin. Check out the demand level of the product of that altcoin because cryptocurrency is largely influenced by the principle of supply and demand. The larger the demand, the higher the value or the higher the chance of the coin surviving on the market.
jr. member
Activity: 66
Merit: 1
Of course the factor you nedd to consider to pick a altcoin are having a good quality of product and having great platform also a team behind that altcoin. That's why it's important to make research before you invest in any altcoin.
member
Activity: 574
Merit: 10
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

There are still many coins that have very good potential besides Bitcoin and Ethereum. And you can monitor market conditions to get potential coins. I suggest that you buy the top coins better. Because the top coin has a very good trading volume. Like XRP, EOS, BNB, and LTC that this coin has very good potential and very high trading volume.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
Don't have new coins to promote for now because a lot of speculation in it. But i do hold Bitcoin and Ethereum too, btw Ethereum is altcoin too right so it is already suggestion maybe. I always do that thing.
sr. member
Activity: 2436
Merit: 343
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
Maybe you are but I know that you some point of views and ideas which gives the best among the others. Isn't new for you to hear ETH, XRP, and EOS, looking into their market volume will simply make you get interest in investing with them. It is one factor that we have to consider and choosing the valuable coins will make you profitable and investing those cheap coins where we don't know if it will weak-up or totally be dead.
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