Factors to consider to pick the best altcoin - page 5.

Bitfling

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Quote from: RapTarX on June 05, 2019, 09:21:40 AM

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.

BNB Coin is good altcoin beside ethereum. With back up from big exchangers binance, i think BNB Coin price will increase and reach at least $50 end this year. IEOs from binance always sold out in a second and give profits to their investor and BNB Coin used for this

luigi3

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So if you choose to invest your coin in any altcoins try to put it in the top 10 coins in cmc and absolutely you will not regret after all,because most of them has a chance to get boom in the near future.

Jrfranco

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Quote from: RapTarX on June 05, 2019, 09:21:40 AM

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.

Good thing that you are now holding BTC and ETH at this moment but for me to say, a lot of things to consider when you are buying some coins to hold or anything, first things first are the project constant updates, this is important because it means to say that the team are working behind in order to improve the project in a timely basis, another thing is that how useful their project is.

pelumi20

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There are a lot of factors to consider to pick the beat altcoins, but I think the most important is a good working product. And this is because if a altcoin have a good working product, then it already have a large which will create demand for the altcoin.

deodivine1

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Seeking public opinion on threads like this should only guide you to do some research on the coins mentioned, and not a surety to invest in the coins mentioned. I'll suggest TRX, EOS, NEO, ICX, VET. Do your own research.

dimonarka

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First of all, you should understand that no one will give you investment advice as it is your money and only you have to decide how to distribute it, I advise you to study the cryptocurrency market in more detail and choose tokens for investments yourself and then study the projects you have chosen and only after that make a decision on investing.

Karlinz

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If you are looking at some altcoins that will give much profit, then it won't be btc and ETH, look for altcoins that have a good history and have dumped so much, this do not include recently launched coins that still have a low circulation compared to total supply. One of such coins is xvg, just invest little amount in them and leave for some months

babicena14

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You need to tell us more information about how long you want to invest and how much. For example, in the near future I expect that the income can bring tokens BTT or XRP. For long term investments I would choose Tezos and Litecoin.

Chomsy

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You need to do extensive research before considering any altcoin. Research is the song everyone sings in this space. Also, consider joining the community of the project for feedbacks.

uniquark

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Learn more about more altcoin, join many crypto discussion groups. From there you will have more information to make your investment more diverse

toast

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Quote from: killat on June 06, 2019, 01:17:18 AM

After some experience of investing in brand new projects, I recommend you to be aware of the following key points and do a lot of research before investing in any altcoin:
- verify the Whitepaper
- check the team and their relevant experience in crypto space
- read references on other websites about the project you want to invest
- check social media activity

These tips are indeed very suitable for us to be more careful in choosing an altcoin. see in detail all information available from the whitepaper to social media to check the extent of their development and also how much has been produced from the design of the whitepaper

killat

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After some experience of investing in brand new projects, I recommend you to be aware of the following key points and do a lot of research before investing in any altcoin:
- verify the Whitepaper
- check the team and their relevant experience in crypto space
- read references on other websites about the project you want to invest
- check social media activity

cytpoway121

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Quote from: RapTarX on June 05, 2019, 09:21:40 AM

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.

After deciding if you are investing on the short term or long term; you need to dyor and spot out the longevity of the project, finding out if it has what it takes to get increase in value the next 3-6 months

The more information you get; and facts you note, the more you acknowledge the best altcoins

andika2018

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Quote from: RapTarX on June 05, 2019, 09:21:40 AM

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 there is a lot good altcoin or investment beside bitcoin and ethereum. Its true that bitcoin and ethereum is safest investment in cryptomarket but i think Binance coin or EOS is good alternative beside ethereum or bitcoin

uneng

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I would look for its age, marketcap, volume, fluctuation on the last year at least. Also you should check the altcoin total supply: currencies with limited supply tend to get more valuable on long run, like bitcoin.
And of course, if you want to pick the best altcoin better to pick one from the top 10 (although you are already hodling ether, which is considered the best altcoin).

Caladonian

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With BTC and ETH your investment is safer to hold, but if you have spare money and you wanted to invest for some more, you can try to checkout BNB as it's being use for the exchange as utility Token.

The success of this Exchange will bring the value of this token to a much better level, you can buy and hold or use it to invest with their launchpad IEO offerings.

ansarose1

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For me, i think the first step to consider for picking a good altcoins or crypto is the volume capacity of that coin, which means bitcoin and ethereum has the most volume coins in the market, investing in bitcoin and ethereum is a very good way. The two coin has the ability to raise its price and even the price drops, still the bitcoin and ethereum coin are good for a long term investment plans.

hohuan101

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Quote from: RapTarX on June 05, 2019, 09:21:40 AM

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.

You can view the chart, search for them on telegram, twitter, ... If they are mentioned a lot at the time you search, it will be able to pump more than other altcoin.

pungopete468

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Quote from: Irviyandi on June 05, 2019, 03:50:44 PM

In my opinion Maybe you should see the movement of a coin and the volume of the coin so that you can decide which investment to coin, but now your choice to hold bitcoin and ethereum I think it's very appropriate and there will be big things in bitcoin and ethereum

both are indeed chosen as the main choice in investing many people. this is because indeed the big profits that can be obtained and also the influence of both in each market movement is very large. so that is the right decision

moonblocks

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3... 2... 1... Launch!

If you are seeking to invest in alternative assets its best to evaluate the startups potential and ensure a project has a good quality product that has a real world use case and its own ecosystem, and be conscious of not choosing any that might be considered a security in the future as these may not be worth your while

Topic: Factors to consider to pick the best altcoin - page 5. (Read 1081 times)