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?
You have to do fundamental analysis.
When choosing a coin, ask questions like:
1. What is this coin doing?
2. Is the problem being solved by the coin valuable?
3. Does the coin have a good chance of being successful at solving that problem?
4. Is it worth buying the coin at the current price?
If you ask those 4 questions, you will more than likely be able to choose good coins. For example, I recently bought a coin called Morpheus Network that answers all 4 questions really well. Let me demonstrate for you:
1. Morpheus Network is creating a supply chain blockchain for the worldwide economy
2. Yes, the global supply chain industry is worth trillions of dollars
3. Yes, they already have a minimum viable product released, and they have integrated the APIs of some of the biggest logistics companies in the world already.
4. At 10M market cap, it is a great entry right now.