Topic: Too many coin in circulation - page 6. (Read 933 times)

There will always be new coins come to the market but at the same time we can't deny that more and more coins also dead. Basically, that depends on the calculation about how much coin that being issued everyday compared with the coins turned into the dead coins.
About the fundamental analysis to pick the best one from so many coins in the market and you can even eliminate all of your questions when it comes to the legit coin.
Remember about the top coins can't achieve it when it has very bad development, team and etc.

These days people care about what VC or big companies that already built cooperation with the project.

I think not just now because many crypto projects are sprouting elsewhere even before. And it all happen since 2017 when the height of the ICO craze was at its peak, many people mostly noobs are speculating on ICO tokens thats why hundreds of new tokens were added into the market circulation that was resulted in a massive dump in 2018 so for me thats not new at all. the crypto market is like a bubble that can burst without any warning thats why remember the saying "Invest only that you can afford to lose" In that saying presumably there is no guarantee even those top-ranking altcoins.

You have seen nothing yet...

7. If you are new here (less than 2 years experience in trading and crypto) spend this bubble on observations rather than investment. However, if you really want to participate in the market, use very small amounts. Like 5-10% of what you are able to.
8. Even if points 1-6 looks legit it does not mean the coin is cheap and is worth investment today (when most of alts already did 5-50x).

 example of coin research - https://bitcointalksearch.org/topic/m.53299809 (price go x18)

Altcoin is increasing by the day thereby causing the market capitalization to appreciate greatly. Although it is creating high volatility in the market but at the same time most investors are scared of investing in some altcoin due to fear of several factors that could lead to the depreciation of such coin. Crypto investment over the years has made so many rich and also has made many bankrupt as well, knowing how to select coin from the wide range of coins available in  crypto market would help reduce the losses that one might encounter while searching for coin to invest in. Although the market is always busy and has high volatility the mission behind most coin as well has its utility might not meet up with the crypto block and therefore much depreciation might befall such coin thereby causing great losses to the investors.
The fact a coin is cheap is not enough reason to risk your treasures to acquire them. Make sure you "do your own research" to avoid loosing out of the market. Always pay close attention to the coin you might have in mind to Hodl. You should find out what problem it is solving, its competitiveness with other crpto currency. If it really has value in the crypto market and also its demand over time.

The following factors could also serve as guideline to selecting the right coin to invest in:
1. How useful the coin is:
2.is the purpose of the coin legit
3.Analyze its competitiveness
4.Demand and supply
5.market capitalization and founders holding
6.the general value
Answering this questions will clerify you on the right choice of coin and also aid you to know when to buy and sell. Paying close attention to market volatility will aid you know the utility and demand of each currency and it will also aid you towards predicting the trend of each coin so as to know how to account for each coin.

The mission behind each altcoin varies and taking accounts of the mission behind each coin helps in predicting the movement of the coin over time.