You're already holding good coins and if you want to diversify always check if the coin that you're interested with has some shady management or team. It means that you need to check also if the people behind it doesn't have shady past.
We have different views on how to choose a new altcoin that will be added to your stash and that's the best that you can do, to do your own research.
Topic: Factors to consider to pick the best altcoin - page 6. (Read 1081 times)
The rate at which cryptocurrency is growing is amazing. As a result, there are many altcoins which are in existence now. I think you need to conduct research about the coin before investing in that.
The functionality of the entirety of the project driving the coin's value. If the coin has no use or juat a weak duplicate of other coin, then I'll consider the coin a shit coin. On the other hand, if its function is vey significant in cryprocurrency, then this is a good coin. Don't just rely on the price of the coin.
One thing that drives the value of coin is the use case, thus use case is one of the factors to consider. Another is the team, how active and experienced are they matters a lot. If you check ETH you will see it passed all these, thus its value today.
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
many threads have already been created where everyone is talking about BNB, why don't you just start reading the forum and not ask the same question. there are too many Investment offers at the forum
to check for new coins is not a very easy thing because sometimes the research we do is not as we expected but if you want to invest in other coins you should choose the top 20 coinmerket because it can be more trusted
If you are looking for good Ethereum alternative learn more about EOS or Tron. Their Dapps are more used cause higher TPS rate of their chains.
If want factors to consider before investing on cryptocurrency, then the most important thing you need to do is make a proper research and make comparisons between which altcoins you want to invest on
If you are holding btc and eth thwn you are fine because picking and choosing a new coin is not an easy task first you need to check the legitimacy of the coin then the team and then the practical viability of the project then you have to syudy the tokenomics and then comes the exchanges and volume part.
I do have some DROP. it is on 240 on the Rank.
It is an autonomouns trade coin, it gives 2% every 15 days. Right now it is at a good price.
The KYC is a little boring as it takes several steps to got it done.
It seems a good investment for me in long range! take a look at Dropil on Google seach and you will find more information!
It is an autonomouns trade coin, it gives 2% every 15 days. Right now it is at a good price.
The KYC is a little boring as it takes several steps to got it done.
It seems a good investment for me in long range! take a look at Dropil on Google seach and you will find more information!
You should always pay attention to the product of the project. This is the most important thing for me. Also, the price of the project and who its developers are important. And the last is the number of users. Following these factors, you can make a choice.
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.
Both ETH and BTC are safe and reliable. I would suggest you to stick most of your investment on those coins. Other than that, go to coinmarketcap. Check for the top 20 currencies. Look out for coins that has potential to grow. Invest on those coins. You might find some coins with extremely high percentage rise in 24 hours. Those are just some shit coins being manipulated by the developers. Avoid those coins. 
Here, many are guided by fundamental analysis. I prefer to use TA. If you do not know the technical analysis of charts, then this is not your way.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.
OP doesn't sound like a day trader so he must mean which altcoin to hold besides the eth he is holding.
If he intend to hold ETH and BTC he might also be interested to hold EOS as its almost the same thing with ETH. A factor to consider with EOS is that it has already built its own ecosystem same as TRON. So there you go. EOS and TRX would be wise to invest with.
My short answer is that anything that you think you can actually use. Not just for trading but also something you can use in your day-to-day transactions.
Here, many are guided by fundamental analysis. I prefer to use TA. If you do not know the technical analysis of charts, then this is not your way.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.
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.
It depends on what purpose you pursue: hold or profit now. If the first, then I advise you to leave in your financial portfolio BTC and ETH - buying for them other altcoins/tokens now you can blame yourself in the future when the BTC/ETH outgrowths and altcoins will fall in relation to them. If the second, then participate in exchange IEO (not all available funds!!!) - "play" but do not be greedy; there is a great chance to increase your depo.
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 you can choose from the top 10 coins at the CMC and that will be enough for you to invest if you want to hold it for a while. That list will increase higher because I see that the chance for the top 10 coins will be bigger than the other coins. In the top 10 coins, you can choose more than 2 coins for the investment, but I don't think that there is the best altcoin because ever altcoin will have the chance to be the good coin in the future.
You've made the right choice already by investing in bitcoin and ethereum but if you aren't satisfy just do some research on top altcoins ,its more safer if you invest in popular altcoins ,they've been around for long time and there have been many upgrade since there release ,coins like xrp ,monero ,ada ,eos ,neo are all good altcoins ,they have real teams
Now the way to consider it is very easy, namely by looking at a number of altcoin-altcoins that are often in the top list in some markets, and see which one highlights the price to go up, and what you hold is also a very good coin, BTC and ETH.
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