Coin: IOTA
ICO: No
EX: Bitfinex
Reason: Well, there are many reasons. Do your job to search and read for the tech. There are twitter, slack channels, whitepaper and so on... The technology is good and the team also. Also, IOTA was made for the Internet of Things and not for speculation so it was made for a purpose before all. Now it can have a bright future as it can be dead in a few years. After all who have bought BTC in 2009 and thought it could be worth 2500$ dollar?
ICO: TenX 24/06/2017
Ex: No because ICO
Reason: Well, do your research again. I personally think TenX is better than Monaco or TokenCard in the sense that they already worked on the project for 2 years and have created something. Well, some people might also find interesting that Vitalik is an investor, but I don't because he can actually put his head in every project based on Etherum to pump the ICO and enhance pump Ethereum (just look how Ethereum increased those last days due to Bancor ICO... Also look at Primalbase, It's a ICO with token for shared workspaces and It is supported by Vitalik... I mean wtf? Do we really need a Token for a shared workspace?). I can make a lot of criticism to this project (bad and good) but all in all, I believe it can be a good project.
ICO: Tezos 22/06/2017 (?)
Ex: No because "ICO"
Reason: Actually it's not an ICO but a fundraise, anyway more information will be available from 22/06/2017. Again read, read, look at the Github, at the team, at the project. Also, if you only want to invest in it for profit (speculation) try to reflect as if you were a middle-class worker. They don't understand sh*t about cryptocurrencies but As they see "Tim Draper", a billionaire, that he's supporting the project, lot's of people will invest (without taking care of the tech or of the project, the team and so on...). But, having a super advsior involved doesn't do all the job!! Just look at what happens to Maxcoin that was backed by Keiser (a well-known advisor, trader and financial guru blablabla...)
Lot's of others of course. All in all, the question is not "What altcoin should I buy", the question must be "what altcoin do you think will have a real utility ?". There are tons of sh*tcoins out there: meme coin, clone coin, scam coin, and so on... The think you should ask yourself is "Do I believe that the token/coin has a utility?"
Simple example: Take Matchpool... well, Matchpool seems a great idea (besides the fact that you might need to pay to enter a pool, that might afraid people to get involved in. Not a good business model IMHO), but I mean do we need a token to create such a service? Of course not! Matchpool can work without a token. Also, there are tons of others "concurrent" already out there so how can Matchpool grasp shares in this market field? Having said that I think the coin can easily pump because most of the people don't ask themselves the good question and because normally the alpha should be released this summer.
Takes Gridcoin. I think it is a great project and It was firstly announced here in 2013...Yet, the coin just pumped now...
Now, when there is several projects that tend to do the same thing, for example, Golem, SONM, Iexec RLC, which one should I choose?
Well, lots of people will prefer one project over the other and will have his own argument. The thing is that I would have though Iexec RLC to have a better part of the pie than SONM and yet it is not the case. Why would I think that? Well just compare the team members from Golem and the team members from Iexec RLC. The fact that France is a country of Innovation Vs Poland that doesn't have a great reputation in the sector. But hey! Everything is about communication after the ICO. Iexec RLC doesn't communicate a lot while there are lots of news about Golem, so of course, in the end, Golem coin has a higher value at this time. Does that mean it is better? Well, only the future will tell. Also, SONM project seems great on the paper but IMHO it sounds like a political leaflet: We will do that, and that, and a little bit of that, and Iexec RLC doesn't do that but we will, Golem doesn't do that but we will, blablabla... Yeah, thank you! Your ideas are cool but if you started bragging about yourself while you don't have anything to show, I will prefer to support humble teams that have fewer ideas (or at least plausible ideas!)
- To put it in a nutshell, no one knows what is the best altcoins but there are things you can do to avoid picking the shit*y one.
- After the ICO, everything is just communication about their project and tend to rely less on the true team value itself
- During the ICO, everything is about the team, whitepaper, advisor (Vitalik heads or billionaire heads ahah!), Idea of the coin
In the end, for a long term investment, I would tend to choose ideas/teams/coins that are top-notch but that doesn't brag too much about themselves (not lot's of communication).
PS: Also, I'm not a legendary member. Actually, it is my first post but does it mean something?