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Topic: What altcoins do you prefer for middle range? - page 2. (Read 169 times)

legendary
Activity: 1565
Merit: 1027
Im thinking to put 10 thousand dollars in different altcoins, what do you suggest me? What to buy? Roll Eyes Roll Eyes Roll Eyes

One can argue that there are many altcoins worth buying but I beg to differ. Only a few from the 1500 altcoins/tokens listed are worth a second look. How tho choose one?

These are my criteria:

You'll need to devote a significant amount of time to study several projects.

These are my criteria:

- Premined or not?

Premined coins are too suspicious. The devs take an initial big slice for themselves always justifying that with some philosophical rhetoric but there are many past examples of total scam coins using this scheme.  

- ICO or no ICO?

I don't like ICOs, I prefer to invest in an already ongoing project with given proof of stability and endurance. I'm not saying all ICOs are scams, but same of them are for sure!

- How old is the coin?

In my book, if a coin is still being actively traded after 3/4 years of existence, this has to mean something; there is a faithful community behind it.

- Is it still being actively developed?

Following the previous point, if after 3/4 years the coin still has a dev team committed to it with real plans for the future, then it has a real project!

- Does it have any real use besides pure pump and dump speculation?

Is the coin being used for any kind of purchases? If not, are there any plans for it? Otherwise, it will only be a play toy for trading.

- Does it have an active and large community?

How large is the community? Is it still active or everybody left a long time ago?

- Is it PoW of PoS?

Proof of Work is a dead end, the power consumption is obscene. Not viable for the average domestic crypto enthusiast. Proof of Stake can be done with a Rasberry Pi Grin

- Fully functioning wallet?

Some coins have terrible wallets, unstable, not user friendly. This is a key factor, the software has to be in line with the state of the art crypto developments.

- What is the current marketcap?

A coin already above 100mil might not be the best bet if you can find a good one below 100 mil with a good growth perspective.

- What is the current/total coin supply?

Scarcity might prove to be an added value in the long run if you are planning to hold a coin and leave it for your kids!

Conclusion?

I would buy 25% BTC, 25% ETH and 50% on PoS v3 coins.
full member
Activity: 504
Merit: 101
Im thinking to put 10 thousand dollars in different altcoins, what do you suggest me? What to buy? Roll Eyes Roll Eyes Roll Eyes
maybe you can consider monetha, now nonetha price is only $0.26 and I am sure after the month of march its price will explode. because in march MVP will be launched and this will affect the price of monetha to pump hard.
jr. member
Activity: 92
Merit: 1
Im thinking to put 10 thousand dollars in different altcoins, what do you suggest me? What to buy? Roll Eyes Roll Eyes Roll Eyes
MDX, HempCoin, eth, ripple, btc cash
I already invested 1000 in MDX! Very very very porspective project! Need something new!
full member
Activity: 462
Merit: 100
I usually don't advice on what people should do with their money but I will take exception to advising you on ethereum. We have seen how huge cryptocurrency that solve problem can become. Bitcoin was a perfect example last year. Ethereum has all the function and tools that can make it even become very valuable. So buy ether if you can!
full member
Activity: 280
Merit: 110
If you have to ask then dont invest that money because you will loose it.
Before investing do some research on the forum. You have the search bar that is very usefull for newbies and readd about wallets, exchanges and investing.
After that do a little research about holders and about traders to figure out wich one would you like to be. My recommandation is to be a holder if you do not have any experience in trading.
And after all this research you see that you dont have to ask people for the coins that you will buy. You will know!
full member
Activity: 392
Merit: 100

you can try from ethereum, the rest you share for some other altcoin. there are many choices nowadays, red market, it's best time to hunt. but remember, every investment you must be prepared with the risks. try to get around the market, and look for the right altcoin for you to buy.
jr. member
Activity: 92
Merit: 1
I suggest you divide it into two parts.
Some invest in ICO projects, because ICO tends to make amazing profits.
Others invest in altcoin, such as ETH,NEO,ADA.
But remember, the risk are high.
Where do you invest?
member
Activity: 168
Merit: 10
I suggest you divide it into two parts.
Some invest in ICO projects, because ICO tends to make amazing profits.
Others invest in altcoin, such as ETH,NEO,ADA.
But remember, the risk are high.
full member
Activity: 263
Merit: 100
Im thinking to put 10 thousand dollars in different altcoins, what do you suggest me? What to buy? Roll Eyes Roll Eyes Roll Eyes
MDX, HempCoin, eth, ripple, btc cash
jr. member
Activity: 92
Merit: 1
 Im thinking to put 10 thousand dollars in different altcoins, what do you suggest me? What to buy? Roll Eyes Roll Eyes Roll Eyes
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