Topic: how to choose good altcoin (Read 815 times)
Great influence on the growth or fall of the coin is played by marketing and support of the investors. The more these factors are stronger, the higher the price growth confidence
There are a lot of good altcoins out there, you can check the whitepaper and the team background to choose the right altcoins but don't forget about the community because it is the most important factors to decide your investment.
in general, the four points that you indicated are good criteria for choosing a coin to buy
First comes first, make a research about the altcoins that you like. Researching make you less prone to profit lost or scam, read the whitepaper first for this is the first step for the research. Whitepaper can explain almost everything you want to know about it like how the program works and the use of the altcoins. Good luck dude
This is a long process for you to learn from experience in the market, learn from experience in altcoin analysis. Follow your predecessors to learn real-life experiences from them. Do not read fake news that affects your investment psychology.
When I want to invest in any coin, I consider the following facts:
Is the coin accepted in the market. Acceptance increases the coin's potential and opens new prospects in the financial market.
Statistics. Is the coin in a financial bubble or has it shown good profit gains in the past.
Development team behind the coin and how it maintains the coin's blockchain.
What advantage the coin has over other coins. The features that the coin provides which not only makes it a good investment asset but also versatile in the financial market.
Is the coin accepted in the market. Acceptance increases the coin's potential and opens new prospects in the financial market.
Statistics. Is the coin in a financial bubble or has it shown good profit gains in the past.
Development team behind the coin and how it maintains the coin's blockchain.
What advantage the coin has over other coins. The features that the coin provides which not only makes it a good investment asset but also versatile in the financial market.
We all came here to make some cash. I used to do the same. But as I continued to research into this tech that is the blockchain I saw the utility of it being a disruptive technology in today's status quo: which is a welcome change to the current situation..
The technology does not suffer from regulation and are not subject to manipulation from some central authority - in theory at least, we have seen the effect of whales.
They are decentralised and this makes them attractive as alternative payment options making them attractive to a lot of people.
If in the future there is some instability then for sure cryptocurrencies can survive as a form of payment option.
The best about them, to me, right now is the amount of innovative projects that are coming out. I know there are scams, but the good ones really have good things coming up. Watch the projects like Multiversum and Rentberry.
All this can be done quite simply, because now you have created many different of the same forums, and setting the specific topic will tell you, and so you can ask someone with experience.
if everyone can have difficulty with the value of information about the project, then in this case it is better to pay attention to the rating positions of many coins on the roads. I think that this method is more effective and will give you real opportunities to determine your own interests. 
All this can be done quite simply, because now you have created many different of the same forums, and setting the specific topic will tell you, and so you can ask someone with experience.
I think choosing altcoins based on MVP and alpha stage development is positive for knowing how well a project is doing. But the most important thing is doing your own personal research and keep an eye open for summits and conventions.
Everyone should be more careful when choose to invest in an altcoin, They need to be smart when he starts his selection. Every successful investor is already had a suffisent knowledge about this field. Searching about people review is very good too, but you should carefully read the whitepaper and make some decisions when you decide to invest, sometimes it's too hard to find the scam ICO even for the experts, so you don't put all your money in just one project, try to spread your investment in differents project.
I invest only in well-studied projects, one of them is Pavocoin, because this team has spent a lifetime working in the agricultural ecosystem that has built us a platform designed to improve the quality and outcomes for farmers.
The best is to chose one already in the market and has no ico, like THUG, They give out coins for free through airdrops and are in exchanges already, moon now or grave later its your choice, check them out on TG and Twitter😊
Low supply is always not the best way to find gems. is depend on its price too. if its a 10 billion supply coin and its price is $0.001 then we can say its undervalued. also if there is $2 priced coin with 50 million supply then it also undervalued. so always find the marketcap of that coin. if it has low marketcap then it has more chance for huge growth.
good project means projects with solid tech and good partnerships. if you see there product and idea is good then its a good project.
Also if there team members are experienced and worked in blockhain industry then its a good team. communication, meeting deadlines and active team members make it a good team.
I think you should watch the capital raising process of the ICO project. If they have potential the project will be mobilized very quickly. So this show iCO very good buy tokens they release out.
The founders and team members are one of the most important facts before investing into an ICO, it is always the first thing that i pay attention to. No offense, but telegram is one of the best sources for this.
Check their website and basically you can find out whether a good program or not, the founders and team members who support, and see the telegram group you can follow and you will be able to find out if the coin member is active because they will always provide the latest information
Check their website and basically you can find out whether a good program or not, the founders and team members who support, and see the telegram group you can follow and you will be able to find out if the coin member is active because they will always provide the latest information
As above,make a research,check the supply,and market cap.Coin needs room to growth.Check the potential and imagine,this will be needed and used in the future
Most people advise that you should first do an investigation of the currencies that are better today
in alsa i have increased their value. Since it is not very easy to choose altcoin personally, because there are too many
then all the analysis of altcoins are not 100 percent safe.
Choosing a good altcoin for now is seeing in coinmarketcap with a top 20 coins. These are a high potential to go higher in the future. So you better to invest on that list.
You can buy a coin from the TOP-10 if you do not have experience. It seems to me that this is a great strategy for beginners. This will bring you a small but stable profit.
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