Topic: Too many altcoins - page 15. (Read 1771 times)
to choose a good altcoin we must first read the whitepaper, we analyze the specifications, identify the developer / coder maker, and always watch the development of the coin.
to determine a coin we must know what the goals and concepts are in the coin, if you feel confused in determining a good coin or just a momentary pump by doing research or choosing top 10 coinmarketcap will give you a little picture in choosing
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
That is the hardest question in crypto to answer. Because overall we know that crypto isn't going anywhere, this is the technology of the future. The risk is making sure you are invested in the correct coin. A strong use case is important. It can be safer to look at projects that already have a working product, rather than just speculation. and then just make sure it's something that you like, something you're interested in.
I choose some altcoin to invest most on the popular trading floor and have a real trading day. That's where all traders go. Because the altcoin on this trading floor really has potential and value in all aspects. Besides its value is also very little fluctuation and prestige does not need to say. I learned about the market, about the upcoming events of the coin that I was about to buy. This helps me to gain efficiencies in capturing the information of the coin and minimizing the risk in the investment.
There are many successful and unsuccessful coins in the market each of them has their own strategy some of them keep bounty challenges to increase the popularity and the value of the coin each of them has each rate.
There are many coins in the market and the way I choose the one to invest on is by going to the coin market cap and look through the top 100 hundred and do some research on few of them then I will make my investment decision.
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
I look at what they are offering, the problem they are trying to solve, the team, progress so far, etc. I also try to learn if they have competitors going for the same space. There are a lot of coins, but many of them are similar to one another or have overlapping use cases.
Yep. with more altcoin appearing every day, I often do a review every time i want to invest. And I often go to coinmarketcap to pick which coins are good to invest. So, keep investing even though altcoin increases more.
Truth, there’s too many alternativecoins in this business and industry
because of the a lot scammers that spread out in this business, just be smart to be find out, to avoid regrets.
because of the a lot scammers that spread out in this business, just be smart to be find out, to avoid regrets.
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
I chose altcoins that enter the top 5 in coinmarketcap, because altcoins are included in top 5 coinmarketcap is a good coin, they have a great project and team
Read and understand what the impact of their product to the community and know who are the team behind. I only focus on few good coins/ token that I know and monitor the progress before I decide to invest.
Very complicated market now, I think about what coins should I buy around two weeks already? Because of this supply of coins, it's unbelievable how it's hard to choose only a few of them. There should be some restrictions about it.
the project team, the road map, the amount of investment it receives and the details of the project. These things I consider to be definitely a priority for investment
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
Yes, now there are a lot of altcoins in the market and new ones continue to appear. There are many parameters for selection, the simplest: you need to look at the capitalization and choose from the top 20, then you need to look at the team and the ideas that they want to implement in this or that project, etc ..
In general I think that at the moment is very much altcoins, and altcoins that of the 1,600, more than 75% of the usual scam, I hope soon many shit coins will be lost and will remain real work projects!
I hope there is a regulation of limiting the number and type of ALT Coins project, for example if Project already exists with similar, projects is not allowed or stopped.
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
Most people are choosing high speed blockchain protocol coins for short and long term investments. I have also holding and trading some of those coins. With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
There are indeed alot of altcoins but you can only choose few alts with highest potentials. For me the best alts you need to invest in could be the alts who are longer in the market and still batling with higher price.
There are so many altcoins that it's impossible to do proper research on all of them. So i rely on a couple of sources to get ideas and information from.
I will do my own research from there on. I don't have the time for trading so i keep a bag of the projects i like. Besides that i think that the ICO system is
responsibly for the wild growth of coins, everybody wants a piece of the pie, it's easy to collect money fore funding a project or conducting a scam.
Regulation will put a halt to this although the damage is already done imo.
Good luck
For a quick profit, that may be a good one, but for a long term profit when it comes to investment, you will surely have to do more than that. I will do my own research from there on. I don't have the time for trading so i keep a bag of the projects i like. Besides that i think that the ICO system is
responsibly for the wild growth of coins, everybody wants a piece of the pie, it's easy to collect money fore funding a project or conducting a scam.
Regulation will put a halt to this although the damage is already done imo.
Good luck
Sure, for someone who is a trader, holding for a long term is never an option as they tend to look out for the best available market to tap into and use that as a means to get some profit from them, but in this case, it takes a lot of being extra careful before making any move such as that.
the first is promotion, the second idea, the third - how often do you talk about her, the presence of related, live team and github, this will help you distinguish a Scam from a free-standing coins. next is a detailed overview of each
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