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Topic: Too many altcoins - page 20. (Read 1771 times)

member
Activity: 1204
Merit: 38
June 14, 2018, 12:50:34 PM
There are a wide range of Altcoins to invest on. You need to do proper research and analysis about a variety of coins. Decide which coin will be best suitable to you according to your personal preference and invest in it. Make sure to check its value in the market and if it is predicted to have a nice future or not before you make any decisions.

Define "according to your personal preference" and in what specific aspect.

You can never trust predictions even though the one who published the prediction is a so called "expert". The cryptocurrency market is too unpredictable in many ways and believing in an expert is not a wise move. There might be some close results but relying on their analysis will not suffice.

Yes choosing a good altcoin is always tough for job but it is simple when you are in this field since long period before investing take long time it will help you to choose the best currency otherwise you may able to last your investment soon .
sr. member
Activity: 364
Merit: 250
June 14, 2018, 12:47:37 PM
There are a wide range of Altcoins to invest on. You need to do proper research and analysis about a variety of coins. Decide which coin will be best suitable to you according to your personal preference and invest in it. Make sure to check its value in the market and if it is predicted to have a nice future or not before you make any decisions.

Define "according to your personal preference" and in what specific aspect.

You can never trust predictions even though the one who published the prediction is a so called "expert". The cryptocurrency market is too unpredictable in many ways and believing in an expert is not a wise move. There might be some close results but relying on their analysis will not suffice.
sr. member
Activity: 588
Merit: 257
June 14, 2018, 12:14:38 PM
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?

Currently I am working on my portfolio and looking forward to add more and more undervalued coins. Not only undervalued but coin with low value and high market volume plus capitalism. This is because such projects are cheap to invest into and also far more successful than the usual altcoins. I have observed that these projects or altcoins are very easy to catch up with and earn profits from! So it becomes really easy for us to invest into some selected coins. As there are not many coins which are undervalued as well as with high market cap at the same time!
full member
Activity: 966
Merit: 104
June 14, 2018, 12:06:55 PM
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?
To do this, you need to constantly monitor the movement in the market and study the projects and opportunities for new coins and especially tokens. Only when you constantly deal with these issues, only then it will eventually become in place and it will not even seem that there are so many altcoys. In general, over time, altcoyn will become even more and this need to get used to.
newbie
Activity: 48
Merit: 0
June 14, 2018, 12:04:45 PM
#99
There are a wide range of Altcoins to invest on. You need to do proper research and analysis about a variety of coins. Decide which coin will be best suitable to you according to your personal preference and invest in it. Make sure to check its value in the market and if it is predicted to have a nice future or not before you make any decisions.
newbie
Activity: 98
Merit: 0
June 14, 2018, 11:15:49 AM
#98
Too many people have appeared who want to make money in a fast-growing market. Most of these projects have no meaning...
hero member
Activity: 2702
Merit: 540
DGbet.fun - Crypto Sportsbook
June 14, 2018, 11:14:16 AM
#97
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?
Maybe they are too much but that is what makes it interesting. The more they are, the more work you will have to do in choosing the right ones and the more solid project you will have to diversify into.

The problem is a lot of people usually think investing should be easy but the truth is nothing good comes easy as you have to do some solid research before even going ahead and with this huge market, you just have to keep reading to find out what people are talking about so you can limit your search since you obviously cannot start researching all coins at the same time.

Yep! Thats correct! If you actively participate and properly naviigate in several cryptocurrency community/forums, you can read which coin is good for investing in long term or short term period, you will which coin is the hottest. Because the people inside the community talks about it everytime. So, thats when you start on your research. Dont just start researching on random coin, thats a total waste of time. Find a good prospect and start making research.
hero member
Activity: 1148
Merit: 527
June 14, 2018, 11:08:08 AM
#96
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?
Maybe they are too much but that is what makes it interesting. The more they are, the more work you will have to do in choosing the right ones and the more solid project you will have to diversify into.

The problem is a lot of people usually think investing should be easy but the truth is nothing good comes easy as you have to do some solid research before even going ahead and with this huge market, you just have to keep reading to find out what people are talking about so you can limit your search since you obviously cannot start researching all coins at the same time.
sr. member
Activity: 490
Merit: 256
June 14, 2018, 09:11:51 AM
#95
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?

With the large number of altcoins existing as of this very moment, it is a fact that choosing a good coin that could give great profit is getting difficult by the minute. Inexperienced investors could be trapped in a devastating loss by just choosing the wrong coin. I, myself, chooses a coin that had established its reputation years ago. Ethereum, for instance. It has been around for quite some time now and it has proven itself whether security or profitability. By choosing a well established coin, it will lessen the risk of loss.
newbie
Activity: 97
Merit: 0
June 14, 2018, 08:50:15 AM
#94
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?
Yeah, too many altcoins in the market, most of them are scams, have a value but no projects. I'm gonna choose a coin that's in the top 100 in coinmarketcap for basis.
newbie
Activity: 126
Merit: 0
June 14, 2018, 08:48:41 AM
#93
Too much Altcoin. It is difficult to choose an Altcoin to invest. But the way to choose it, you can find in many sites and forums. The rest is based on your luck and learning
full member
Activity: 434
Merit: 100
June 14, 2018, 08:28:02 AM
#92
I prefer long-term investment and I try to choose a coin with prospects for growth in half a year. There is no any reason to hodl more than 6 months.
sr. member
Activity: 490
Merit: 250
June 14, 2018, 08:07:18 AM
#91
There are different investment strategies, but for me, the ideal one is when you manage to find a promising coin while it is cheap and make a profit on its pump.
full member
Activity: 335
Merit: 100
June 14, 2018, 06:57:15 AM
#90
If I choose altcoins then basically I am looking for coins among the top 30 on the coinmarketcap. Because there you can find the most popular coins.
full member
Activity: 406
Merit: 105
June 14, 2018, 06:37:22 AM
#89
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 it is true that there are thousands of altcoins in the market now but obviously the most worth it to buy are the one that are known already because surely that are the most potential coins. It maybe much expensive compared to the others but surely can give us profits in return. As of now, ethereum is the most promising altcoin for me and worth buying for and also ideal for long term investments.
member
Activity: 406
Merit: 10
https://www.bitc2.org/
June 14, 2018, 06:36:05 AM
#88

I would say that there are too many altcoins! It is necessary to view first of all the project teams and study them, then the goal of the project and so on! And to sell or store them it is necessary to think only then, if there is a good profit to sell, no, then keep it!
sr. member
Activity: 493
Merit: 250
June 14, 2018, 06:35:39 AM
#87
i think differently. too many altcoins? which is that strong altcoin? few of them. there is not too many altcoins then.
legendary
Activity: 3766
Merit: 1217
June 14, 2018, 06:31:17 AM
#86
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?

99% of the altcoins which are getting newly listed are copycats and you need to ignore them. Normally I chose the coins with the best technology, such as Cardano and NEO. Another factor worth considering is the ratio of free-float to the total supply and the annual supply of coins.
member
Activity: 742
Merit: 11
June 14, 2018, 06:30:00 AM
#85

 For a safer side of investment. First i pick up altcoins in top 10 category which I believe still undervalued. Second,  I filtered all the crypto listed in CMC and check their volume, community support , the team and what type they are going to solve. Last one  , is for ICO but of course only for the promising one.
sr. member
Activity: 2030
Merit: 269
June 14, 2018, 06:19:54 AM
#84
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?

It really takes time and it's not easy, investors are easily disappointed if the dev of the coin they are holding are not updating its investors and roadmap is not getting completed I will not name any coin but the most active coins here usually has a good support from the investors.
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