What are the criteria for choosing altcoin - page 5.

sayaya17

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Quote from: albon on April 16, 2022, 06:37:22 PM

There are many criteria, but one of the most important criteria in choosing a good altcoin is the altcoin community. Anyone looking to invest in good projects should see the token community and use YouTube and Reddit to get a comprehensive view of what people see about this potential investment. The second thing is the innovative technology of this token and the extent to which this technology is related to the blockchain also the token team and what they have accomplished and what they have of experience, visions, and future goals for the token.

What you say is true, we must be really careful in choosing coins for investment. Because now there are so many coins circulating that are only
for pump and dump, if we choose the wrong coins, of course we end up losing money. I agree we can choose coins with check the opinion of
the crypto community about the coins we will buy, if more and more people recommend these coins, that's a positive thing that can be our criteria
in choosing coins. Because the coins are good and profitable, of course, many people will recommend them, such as BTC, ETH and BNB are
the names of the coins most recommended by the crypto community. This means that many people benefit from these coins, so don't be lazy
to check the opinion of the coins we buy from various crypto communities that we can find on various social media. So that we can conclude that
the coins are worth buying or not, but of course we also have to study the coins we are going to buy and don't immediately believe people's opinions.

albon

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There are many criteria, but one of the most important criteria in choosing a good altcoin is the altcoin community. Anyone looking to invest in good projects should see the token community and use YouTube and Reddit to get a comprehensive view of what people see about this potential investment. The second thing is the innovative technology of this token and the extent to which this technology is related to the blockchain also the token team and what they have accomplished and what they have of experience, visions, and future goals for the token.

sulendra12

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Quote from: Google+ on April 15, 2022, 10:55:46 AM

Cooperation partners on the project also need to be looked at even though it is an additional thing after looking at the roadmap and the main team composition, so that many people's belief in a product will be born and exist forever as in many utility coins that already exist today.

It's so easy for the projects to just link the fake partners or even made-up partners to ensure the investors they are investing on their projects. It doesn't do shit if there is no legal news about that partners so we can avoid some fake made-up partners whose not having legal info about those partners. It's fine to not having that at the beginning as they can develop the projects much better then grinding for partners later on.

SirLancelot

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Quote from: MiF on April 14, 2022, 11:29:44 PM

Quote from: Odusko on April 01, 2022, 05:35:17 PM

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?

Well there are so many factors to consider on choosing what altcoins to invest, and investors has a different way of choosing they have different basis its all up to them, but for me the best altcoin is the altcoin that is already accessible with an amazing use case maybe that altcoin can soar in a long run depending on the team behind the projects, experienced team together with the successful developer that has a successful past project is good.

Mine is simple, and it really doesn't take long to realize that it can work very well in the long term as well. I just invest into coins that have been around for over a year, that is the first step. Secondly I check how decentralized it is, sometimes I do invest into centralized projects too but check the power of the centralized organization, such as BNB but backed by Binance and I trust them. Then I check what the roadmap is like, if they keep on promising and if they delivered so far. If they keep promising but failing then it is bad.

Basically the things that you see and know and heard about. I do not have much, I have 7 coins/tokens that I invested heavily, and 3-4 that invested small time. Works pretty well.

GelatikKembar

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Quote from: Google+ on April 15, 2022, 10:55:46 AM

Quote from: superman184 on April 15, 2022, 10:44:10 AM

utility should be the main factor for choosing coins for the future. but everyone has their own view for the future which cannot be blamed, seeing the team and also development for the future can also be the reason for choosing Altcoin for the future.

Cooperation partners on the project also need to be looked at even though it is an additional thing after looking at the roadmap and the main team composition, so that many people's belief in a product will be born and exist forever as in many utility coins that already exist today.

That's very true and I think it's important to pay attention because we can see if the coin or project is a scam or not, we can pay attention from cooperation partners,
basically everyone has more or less the same criteria as others in choosing altcoins

Odusko

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Quote from: ?? on ??

utility is certainly one of the factors that must be seen but there are several other factors that also cannot be forgotten.
choosing the top coins is indeed very promising for long-term and safer investments. but there are some promising investments when the observant chooses a new project that will appear with good development, it will be very profitable.
but back to investors, of course, every investor has their own criteria for choosing the coins to invest.

Yeah, utility is what most investors look out for especially when you looking out for long-term investment but then if you looking out for utility also don't forget to focus your attention on the level of demand and supply this factor always gives limitations to the performance of such coin/token.

mdzahed134

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I think a few criteria is very important to success a project. First of all, solid and transparent team management. Then how much big which community definitely it should be a real community i mean it’s not like that bots/fake community. I think exchange listing is the big factor to consider how fundamentally strong is it in the market. And finally it’s roadmap.

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Quote from: superman184 on April 15, 2022, 10:44:10 AM

utility should be the main factor for choosing coins for the future. but everyone has their own view for the future which cannot be blamed, seeing the team and also development for the future can also be the reason for choosing Altcoin for the future.

Cooperation partners on the project also need to be looked at even though it is an additional thing after looking at the roadmap and the main team composition, so that many people's belief in a product will be born and exist forever as in many utility coins that already exist today.

superman184

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Quote from: Odusko on April 01, 2022, 05:35:17 PM

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?

utility should be the main factor for choosing coins for the future. but everyone has their own view for the future which cannot be blamed, seeing the team and also development for the future can also be the reason for choosing Altcoin for the future.

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Quote from: Dinda mayasi on April 13, 2022, 06:50:34 PM

Being an investor is like measuring your own abilities and preferences. I myself like tokens or coins that in the future have price stability and prospects for increasing. Or buy tokens that can increase yourself such as Babydoge, Goma etc.Ada juga yang lagi ramai dibicarakan adalah beli koin game atau NFTThere are also things that are still being discussed, namely buying game coins and NFT games. These days there are many NFT hunters, you can look for them as well as in Mobox and others.

NFT is still in a good and true trend, it is still being hunted by many people but if you want to buy tokens like Babydoge, Goma etc., I don't think it needs to be done now if there are other more useful options to have and make yourself an investor in many just good coins.

DOH!

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I think that the criteria is just a general criterion that includes factors for selection in investment. For me it would be:

1. Utilities/products suitable for future needs (can choose defi, metaverse, featured ecosystem…)
2. Supply
3. real community
4. modern value
…
Finally, clarify the purpose of speculation is expected to be profitable, supply / demand can trigger the pumps - feature

Quote from: Desscount on April 11, 2022, 01:55:49 AM

especially with market conditions like this, I think it is wiser for long-term investments than short-term investments

Like this, buddy. I am always biased towards long-term portfolio selection. But short-term is also a point where I also focus on analyzing the next trend.

MiF

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Quote from: Odusko on April 01, 2022, 05:35:17 PM

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?

Well there are so many factors to consider on choosing what altcoins to invest, and investors has a different way of choosing they have different basis its all up to them, but for me the best altcoin is the altcoin that is already accessible with an amazing use case maybe that altcoin can soar in a long run depending on the team behind the projects, experienced team together with the successful developer that has a successful past project is good.

Dinda mayasi

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Being an investor is like measuring your own abilities and preferences. I myself like tokens or coins that in the future have price stability and prospects for increasing. Or buy tokens that can increase yourself such as Babydoge, Goma etc.Ada juga yang lagi ramai dibicarakan adalah beli koin game atau NFTThere are also things that are still being discussed, namely buying game coins and NFT games. These days there are many NFT hunters, you can look for them as well as in Mobox and others.

peter0425

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Quote from: ice18 on April 13, 2022, 01:27:02 AM

Its depends on you what alts to choose, there are coins that have no promising criteria but pumping like crazy

What i believe , these coins/project called as GEM in which most of Bounty Hunters i come to read in their finding how to become rich easily.

Quote

and there are also coins with great criteria solid team almost perfect but price is stagnant even if development is active.

those are the project that lack of promotion , that the team sometimes taking time before pushing the project completely .

Quote

Top 100 alts in cmc have posses strong criteria but this does not mean they can give you great profit after buying and holding, I suggest invest early on what is going to be in-demand alts in the next few months whether nft,metaverse, L1 etc.

top 50 will give you profit but not overnight, instead it will take some time .

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Quote from: ningrum on April 09, 2022, 01:39:20 AM

For some people it seems that it is not easy to choose a coin for the long term and for the short term,
they need to do their own research to choose the right coin and that takes a lot of time for sure,
but maybe for long term investment it's easier and the best reference is the top coin

The top coin is always suitable to be chosen and placed into two versions of investment, both for the long term and for the short term, only if for a larger profit target it is always more suitable to be placed in the long term.
But in the end, everyone can always make choices and attitudes for himself in this matter, so that what he chooses is based on his own wishes, not on the basis of others.

Quote from: lornadane on April 11, 2022, 12:51:05 AM

Instead of choosing long-term investments but not being able to judge which ones should be maintained, it's better to choose short-term investments because the risks are not too heavy.
As you said above choosing coins that have good volume and potential is not easy.

With certainty for profits can not be accurately ascertained, but when a person starts to choose a good coin or a top coin with a lot of volume and potential, then he will never lose big if he takes the coin for investment in the long term.

Quote from: Desscount on April 11, 2022, 01:55:49 AM

Coins like Bitcoin, Ethereum and BNB I think are no doubt for long-term investments,
it will be profitable to invest in these coins and the risk is not too big and safe too,
especially with market conditions like this, I think it is wiser for long-term investments than short-term investments

If I say yes it is, but until now there are still many people who are hesitant and afraid to choose it for the long term because they are not used to the risks and the market conditions that are sometimes uncertain.

ice18

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Its depends on you what alts to choose, there are coins that have no promising criteria but pumping like crazy and there are also coins with great criteria solid team almost perfect but price is stagnant even if development is active. Top 100 alts in cmc have posses strong criteria but this does not mean they can give you great profit after buying and holding, I suggest invest early on what is going to be in-demand alts in the next few months whether nft,metaverse, L1 etc.

Fesatmas

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Quote from: Adbitco on April 11, 2022, 03:57:45 AM

Before venturing into projects or making investments, there should be something that trigs you about the project which made you to venture into, is either their development, Usecase or prospect, secondly if their team members are reliable or not. Most at for those looking at network; is either on ETH network or BSC and any more.
For newly project could be a pump and dump so i will suggest he/she should go for already developed project such as; BTC, ETH, BNB, WAVES, MATIC these coin are very potential and also good for long-term run.

If we want to invest in a new coin, accuracy is very important. As you mentioned, it's one of the factors we shouldn't overlook when doing coin research.
But if we don't want to put too much effort into doing research I think the existing coins that have great credibility are certainly the choice for us. It depends which coin is more interesting to us.

justdimin

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Quote from: Adbitco on April 11, 2022, 03:57:45 AM

Before venturing into projects or making investments, there should be something that trigs you about the project which made you to venture into, is either their development, Usecase or prospect, secondly if their team members are reliable or not. Most at for those looking at network; is either on ETH network or BSC and any more.
For newly project could be a pump and dump so i will suggest he/she should go for already developed project such as; BTC, ETH, BNB, WAVES, MATIC these coin are very potential and also good for long-term run.

That is called "gut feeling" by many people, whatever you want to call it or name it if there is something that intrigues you about that project then I believe that it could be something decent. I am not saying that it is impossible to find something purely by checking mathematically, of course that could happen, like some projects RSI peaks your interest is a good enough reason as well.

But, no matter what the reason is, eventually you need to reach to a level where you need to study it very hard before you invest. If you do not know every single line of detail about that project, and if you learn about it after you invested, then it is going to be a problem.

Adbitco

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Before venturing into projects or making investments, there should be something that trigs you about the project which made you to venture into, is either their development, Usecase or prospect, secondly if their team members are reliable or not. Most at for those looking at network; is either on ETH network or BSC and any more.
For newly project could be a pump and dump so i will suggest he/she should go for already developed project such as; BTC, ETH, BNB, WAVES, MATIC these coin are very potential and also good for long-term run.

bitterguy28

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What I do believe is that we have different perspective in our investment , some choose to seek for Easy money and fast collection and this is why GEM is their target.
while others are seeking for Long term Holding in which Yes the ranking currencies is the best option.
and others are here for day trading in which they are seeking for what can be the best to choose, like What coins can reach 10-20% in the next 24 hrs?
in this they are contented and they are good at.

Quote from: usekevin on April 08, 2022, 05:49:50 PM

It will happened to the first stage of the trade.Most of the traders will not have the knowledge about the altcoin at the beginning of trade and you too face the same.The only solution for this is,you need to do background verification of the project.Mostly traders ask their friends to inverse on coin,which not a good move for your money.

Look at the team, look at the White Paper, Look at the Road map , but deeply look to the team because they are the one who will prove the quality of the project.

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