Topic: How do you choose altcoins you buy? - page 5. (Read 706 times)

just see whether the demand for the coin is high by seeing their discord community, you see recenlty succesful altcoin sui, they are really good for investment if you happen to get the raffle they held.
but if it's already existing coin and listed ones, i'd look for the ones that is already losing huge amount of its valuation yet still maintain good trading volume, that way i could invest with good entry and not worry about it getting delisted.

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.
Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

I have been watching Memecoin news for a long time now, and investors think that Memecoin can offer more benefits than other coins.Don't know how true this is, as I don't have much faith in altcoin.  I think you should be careful before investing in altcoin, never invest in altcoin without good analysis or research.  But it is true that Alta Coin gives good returns, but the risk of losing assets is also high.I always select Ethereum and BNB as investments, these coins are very low risk among the altcoins.

Meme token are very risky as it moves because of the hype, you really have to be careful dealing with those meme tokens. I prefer the top altcoins for long term holding, it is more convenient and safe for me because their value continues to increase over time. Choosing the project is not easy, you must have your own analysis over that project, don’t just believe on any hype easily, investing is very risky once you didn’t make your own research.

I have been watching Memecoin news for a long time now, and investors think that Memecoin can offer more benefits than other coins.Don't know how true this is, as I don't have much faith in altcoin.  I think you should be careful before investing in altcoin, never invest in altcoin without good analysis or research.  But it is true that Alta Coin gives good returns, but the risk of losing assets is also high.I always select Ethereum and BNB as investments, these coins are very low risk among the altcoins.

I've been around for a while so my tactic has varied a lot. I have choosen my coins and tokens by the fact they have:

Real world use case:

I've been around for a while so my tactic has varied a lot. I have choosen my coins and tokens by the fact they have:

Real world use case: When i came in i was told buy coins with actual real world use case. I tried to find those but so far i haven't found any real world adoption for anything other than permissionless transfer of wealth that's been done with bitcoin from the start. Maybe some smart contracts can be useful but they have not been adopted in any significant scale. There's potential in many of them, but most of them are now going to be adopted ever. And even their devs know this, yet they can't really say it as they want to sell their snake oil. I a still looking for even one that might be adopted.

Good tokenomics: This i am still using as a reason to buy. Issuance rate needs to be sustainable, and distribution needs to be wide and fair. Marketcap needs to be low enough if we are not talking about the coins that already have the necessary net effect to attract developers and keep on growing more.

Team: I find this most important, without good team that knows their stuff you are destined to fail. In ideal case i choose professionals that are transparent and know what they are doing. They have coders in lead, their own legal team, and regular amas. Needless to say that i want everyone doxxed. So far every coin or token with anon devs that i have bought have vanished.

Right size marketcap: Most money i have made in this game is by finding suitable microcaps, like under $100k. If conditions are right, they can something like to 500k and above really fast, and i can take like 70% of my investment out potentially very fast. Rest of them stay for moonshot. But as a disclaimer i would like to say that while microcaps have have technically most room to grow, they also have highest changes of being rug pulls or slow rug pulls.

Trusting a tip from a friend: For some weird reason my newb friends have found some gems. They don't even necessary understand what marketcap means or how to do research. They might have bought because they liked the name. I see no reason buying them but they are making a killng with them. These days i throw some money on what ever they say. That might not be smart but i might as well.

Aping in to just tokens that has just been released: By doing this i don't have even the time to do decent research. I try to look everything as fast as i can and hope for the best. With this tactic i have found my best micro caps. I have also been bought into some instant rug pulls.

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supplies. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

Tbh, what kind of real use case that owned by crypto? I see nothing for sure but it's only mainly become a way to transacting your money to others. Almost all of crypto have no real use case.

Im always using these metrics before try to pick a coin

- Backers
- Tokenomic
- Smartcontract
- Identity from the team (I guess if the project has good backers and the team has already doxxed)

That's enough for me to determine whether that has big potential for the future or not.

Yes I can vouch for the marketcap factor. I mean it’s always beneficial when you choose a coin whose marketcap is high. In this manner it proves that the coin is pretty popular among the masses, and more people have known about it. Big marketcap also defines that the volume that is traded for the coin in many exchanges and it is a good signal that the coin has scope to rise in the future. Moreover if the coin has a good core team or popular celebrities supporting the altcoin, then definitely you can add it into the bag.

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.