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Topic: What are the criteria for choosing altcoin - page 3. (Read 1026 times)

sr. member
Activity: 2016
Merit: 283
ethereum is a good altcoins but i don't see them transparent in development, even the rumored eth 2.0 will launch, not even launch as of today. In my opinion, the criteria as a good altcoin are having a large community, high security and adoption.
actually there's a lof of altcoins with large community in the space but sad to say despite, most of them are still not worth it because they always end up very stagnant after all. So if we were talking about long term then for me its no other than ethereum as its very reliable ,trusted and very secured when it comes investment.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
Depending on each person's understanding, we will see the potential as well as the risks of coins in this market. Personally, I have always preferred the best altcoin I know, ETH, but in addition to the trends that accompany each bull market, we will also look at a number of criteria, such as the ability of projects, that is, their problem-solving activity in this market, as well as their transparency in the development process.
ethereum is a good altcoins but i don't see them transparent in development, even the rumored eth 2.0 will launch, not even launch as of today. In my opinion, the criteria as a good altcoin are having a large community, high security and adoption.
You both denied it as well as acknowledged it Smiley
Speaking of ETH does not need too much analysis because it is not nearly what we normally judge like other altcoins, I think other than bitcoin in this space, ETH still has a good position determined and is invincible in many ways.
hero member
Activity: 2366
Merit: 838
When you want to choose altcoins, let's focus on old altcoins only. They are safer for your investment, less risk but they won't give you 50x, 100x increase. However, the success of investment includes: don't lose your capital, and get profit. Having both of them is good enough for your investment.

If you are obsessed with 50x, 100x growth for your portfolio, you will fall into gambling with new and risk projects. You can earn big but will lose big later. When you nurture a gambling habit, you will not be able to get rid of it easily. It's better to prevent its growth in beginning.
hero member
Activity: 1106
Merit: 526
Leading Crypto Sports Betting & Casino Platform
ethereum is a good altcoins but i don't see them transparent in development, even the rumored eth 2.0 will launch, not even launch as of today. In my opinion, the criteria as a good altcoin are having a large community, high security, and adoption.
In terms of community, security, and high adoption, I think Ethereum has had it for a long time even though at this point it seems to have faded, even though it is still running so it's not worth saying that Ethereum is not transparent in terms of development, because whatever new things always require a more in-depth study.
Ehtereum seems to have a quiet and persistent community and the team are constantly working on improving the ethereum blockchain to accommodate new development and demand one of that move is the new proof of stake algorithm rather than the old way of proof of work which appears to be more rigid and consumes more power to a harsh transaction.
hero member
Activity: 1680
Merit: 506
Trphy.io
ethereum is a good altcoins but i don't see them transparent in development, even the rumored eth 2.0 will launch, not even launch as of today. In my opinion, the criteria as a good altcoin are having a large community, high security and adoption.
In terms of community, security, and high adoption, I think Ethereum has had it for a long time even though at this point it seems to have faded, even though it is still running so it's not worth saying that Ethereum is not transparent in terms of development, because whatever new things are always requires a more in-depth study.
sr. member
Activity: 1106
Merit: 391
Depending on each person's understanding, we will see the potential as well as the risks of coins in this market. Personally, I have always preferred the best altcoin I know, ETH, but in addition to the trends that accompany each bull market, we will also look at a number of criteria, such as the ability of projects, that is, their problem-solving activity in this market, as well as their transparency in the development process.
ethereum is a good altcoins but i don't see them transparent in development, even the rumored eth 2.0 will launch, not even launch as of today. In my opinion, the criteria as a good altcoin are having a large community, high security and adoption.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?
Depending on each person's understanding, we will see the potential as well as the risks of coins in this market. Personally, I have always preferred the best altcoin I know, ETH, but in addition to the trends that accompany each bull market, we will also look at a number of criteria, such as the ability of projects, that is, their problem-solving activity in this market, as well as their transparency in the development process.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
What you mentioned above is indeed very important to consider before choosing a coin,
so do some in-depth research and it will indeed take quite a bit of time but I think it's worth what we're going to get,
It's not an easy thing to choose coins, especially when there are lots of coins in the market
For those who already know a lot of coins, it will definitely be very easy to choose now because between coins that have potential and those that are not, he certainly knows because not all coins are good to choose at this time.
So while doing research, everyone also needs to get to know the coins that are in the best row in the market.
For beginners, of course, choosing a top altcoin doesn't really require much thought, because we can buy it anytime without worry, and later it will also rise by itself. it is different from the new altcoins and has low volume, so it is difficult to predict it, although from the prta the road looks good. For me, the most valid one is if the altcoin is going to be listed on a big exchange like Binance, then that is our chance to buy before being listed. Of course after listing the price will go up high and we can sell it immediately, before the price drops again
full member
Activity: 1176
Merit: 140
For those who already know a lot of coins, it will definitely be very easy to choose now because between coins that have potential and those that are not, he certainly knows because not all coins are good to choose at this time.
So while doing research, everyone also needs to get to know the coins that are in the best row in the market.
It still hard to pick actually even if you say that you already have some experience because there are so many altcoins that are good enough or has a potential. You can only wish to have a bigger capital so that you can invest on most of them. That way you can increase your chances of earning huge.

Sad thing is that it's becoming a race, and that is why you may need to get a bit quicker. Normally if you are trading or investing then you will have to research very carefully and get in afterwards just like you said. However, there are so many people who are making quick decisions and getting in even without checking the project, which results with many of them losing money that is sad, however, if they end up making money then everyone else is too late to the party.
There's no such thing as race. Its, only in your head. Why hurry when there is always a replacement if you miss one new project? If you hurry and still try to get in late, chances are you will only lose but there must be a platform to know if there will be a newly released coin, I think there was a thread that has been created last time about that. You can try to look for that if you are one of the investors of newer coins. If you are not fast enough, you can always go for older coins. There is no pressure investing on them.
hero member
Activity: 2548
Merit: 605
At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?
1. Utility
2. No anonymous devs
3. Active development and continuous changes

This is 3 of the things i do really much prefer on seeing before i do make investment with some altcoins specially if its new even though its not really that precise
nor give out assurance of success but still you could really still have some chance on hitting a good project rather than on having no criteria at all.
I do not care about the anonymous devs if they are not really involved too much, just released it and let the public takeover, but if they are constantly involved and the team doing something in the future that they wrote on the roadmap, then of course I will care about it. Maybe they are capable of doing it, or maybe they are not capable of it and their CV would say so.

Plus, the utility part means that there will be a reason to buy it, but just "any" utility wouldn't fly with me, there needs to be some sort of good reason for people to use it, otherwise it would not make any sense to me at all and I rather know what I am getting into and how I could use it if I do not want to just invest.
sr. member
Activity: 811
Merit: 250
What you mentioned above is indeed very important to consider before choosing a coin,
so do some in-depth research and it will indeed take quite a bit of time but I think it's worth what we're going to get,
It's not an easy thing to choose coins, especially when there are lots of coins in the market
For those who already know a lot of coins, it will definitely be very easy to choose now because between coins that have potential and those that are not, he certainly knows because not all coins are good to choose at this time.
So while doing research, everyone also needs to get to know the coins that are in the best row in the market.
hero member
Activity: 2170
Merit: 575
What you mentioned above is indeed very important to consider before choosing a coin,
so do some in-depth research and it will indeed take quite a bit of time but I think it's worth what we're going to get,
It's not an easy thing to choose coins, especially when there are lots of coins in the market

Sad thing is that it's becoming a race, and that is why you may need to get a bit quicker. Normally if you are trading or investing then you will have to research very carefully and get in afterwards just like you said. However, there are so many people who are making quick decisions and getting in even without checking the project, which results with many of them losing money that is sad, however, if they end up making money then everyone else is too late to the party. There are no more periods where we need to just wait and see what happens, you get in right away and either make money or do not make money and that's how it works these days. I personally believe that we should be focusing a bit more on the slowing down of everyone else than researching faster but if we can't, then maybe we should find a way to make quicker research and figure out if it's good or not.
sr. member
Activity: 1890
Merit: 252
For me, first of all, it is important which team the project has and what goals who is in the partners and how much money the project itself has.Promises alone are not enough today, this worked only in 2017 when each token could take off, today everything is different.
What you mentioned above is indeed very important to consider before choosing a coin,
so do some in-depth research and it will indeed take quite a bit of time but I think it's worth what we're going to get,
It's not an easy thing to choose coins, especially when there are lots of coins in the market
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
For me, first of all, it is important which team the project has and what goals who is in the partners and how much money the project itself has.Promises alone are not enough today, this worked only in 2017 when each token could take off, today everything is different.
sr. member
Activity: 520
Merit: 250
KUWA.ai
I remember when I followed the Safepal launchpad on binance, I only paid 0.6 bnb but when the first open market sfp was able to go up 1000% more and I got a fantastic profit, indeed the Binance launchpad is very much anticipated by traders or big investors because it is certain that we  will benefit if the token is already listed.
The launch pad project on the Binance exchange is a favorite list of new projects for investors to get high returns within 1-2 weeks of active trading, for example the GMT project is currently soaring from an initial price of $0.01 and is now $3.2, Binance has the largest member and some active in launchpad program can record sold out sales in 1 second.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
1. Utility
2. No anonymous devs
3. Active development and continuous changes

This is 3 of the things i do really much prefer on seeing before i do make investment with some altcoins specially if its new even though its not really that precise
nor give out assurance of success but still you could really still have some chance on hitting a good project rather than on having no criteria at all.
I think you stated the criteria for a new project but for altcoins that are already listed on trading it is necessary to review the liquidity on the exchange, as well as interaction and support from the community because projects do not thrive without a solid community.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
although the top altcoins are nearing their peak, the aforementioned altcoins have a better level of security than us investing in new altcoins, which have a much greater risk, especially for beginners, I think allocating most of the funds to these altcoins will be more well, while we learn to analyze new altcoins, of course with a small capital, so that over time our analytical instincts, both technical and fundamental, will form by themselves, by going through a lot of experience.
I don't know if that's a personal opinion or if many people are thinking the same thing when witnessing the entry of new people into the market. Many people are almost too dependent on information from someone to make them suffer. passive and stuck in their own understanding. It can be a common mistake in life when any field of industry that we approach always needs a certain understanding. Knowledge is too broad. Don't just look at money but run after it. I myself have not yet determined whether those things that come to me are really good or not.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
My only factor for supporting project is the number and the type of supporter or partners. Some partners are capable of dictating the pace and achievement a project irrespective of the prevailing condition in the market. For new project with VCs, they are privileged to some information that could are reliable. VCs like 3 arrows, A16 etc
legendary
Activity: 3094
Merit: 1127
At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?
1. Utility
2. No anonymous devs
3. Active development and continuous changes

This is 3 of the things i do really much prefer on seeing before i do make investment with some altcoins specially if its new even though its not really that precise
nor give out assurance of success but still you could really still have some chance on hitting a good project rather than on having no criteria at all.
sr. member
Activity: 1554
Merit: 260
At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?

If basic research, i.e. fundamental analysis (dev team, roadmap, whitepaper, tokenomics, advisors, etc.) is promising, the moment of entering the market is important to me. I noticed that it is often profitable to invest in a project that, even when it enters the market during the bear market, but you invest in it at the time of entry, i.e. at the lowest possible price, the price cannot drop any more and you just wait for the trend on the market to change . When this happens, the price of the project from the lowest price simply starts to rise. So at the time of bear market, apart from the analysis, the most important thing for me is to invest as early as possible, and preferably on the day the project enters the market.
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