What are the criteria for choosing altcoin - page 6.

Desscount

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Quote from: lornadane on April 11, 2022, 01:51:05 AM

Quote from: ningrum on April 09, 2022, 02:39:20 AM

Quote from: Republikcoin.com on April 09, 2022, 01:25:43 AM

Quote from: Odusko on April 08, 2022, 12:57:49 PM

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap, but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

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

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.

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

lornadane

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Quote from: ningrum on April 09, 2022, 02:39:20 AM

Quote from: Republikcoin.com on April 09, 2022, 01:25:43 AM

Quote from: Odusko on April 08, 2022, 12:57:49 PM

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap, but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

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

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.

litepool.ru

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Quote from: Odusko on April 01, 2022, 06:35:17 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, looking at its utility, being there is also part of the basis for choosing a long-term investment in a project. In addition, I personally always prioritize top coins like ETH BNB DOT for a long-term strategy. For a new project, a thorough study of that project will also give people specific strategies. For investment, a few factors such as team, product, coin/token distribution process, investment fund, development roadmap,... also need to be kept in mind when we decide to invest in it.

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Quote from: Republikcoin.com on April 09, 2022, 01:25:43 AM

Quote from: Odusko on April 08, 2022, 12:57:49 PM

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap, but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

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

Republikcoin.com

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Quote from: Odusko on April 08, 2022, 12:57:49 PM

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap, but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

DanWalker

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Quote from: newdevices on April 08, 2022, 04:57:56 AM

Quote from: Wildwest on April 08, 2022, 02:46:53 AM

In investing, of course, we have our own criteria in choosing coins for us to hold, some investors prefer new altcoins that have potential and they do not care about risk and they always hope to get a big profit, but I prefer the old altcoin and already ranked at the top because with the current market conditions it is very suitable for us to invest in the long term in these altcoins.

The strategy of an investor is indeed different and I appreciate you if you choose the top altcoin on Coinmarketcap for a safe investment,
but you must know that the top coin already has a high ROI,
of course the risk that will be accepted is also much higher than in a project ranked 100 and above coinmarketcap,
try to think first.

Picking top altcoins on CMC is a quick and fairly safe way, all of them have had high growth before and are unlikely to give us big profits in the short term. But it will be safe for our investment instead investing in lowcaps.

Risk is always present in investment, so investing in topcoins only helps you reduce risk, but it does not guarantee that there will be no risk. Over time, topcoins will still be displaced if it doesn't evolve and improve.

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Quote from: usekevin on April 08, 2022, 06:49:50 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.

Everyone who is successful in getting profit from crypto they don't get easily, they have to go through a fairly long process first. So the success of
trading in crypto can't be instant, requires patience to reach the stage where we can determine which coins are the best for trading. So don't worry
if we choose the wrong coins when trading which ultimately makes us lose. So our mistakes become lessons for the future, so that we are more
careful when determining which coins we deserve to buy. Therefore, do not be lazy to continue to learn to improve our trading skills, don't trade
relying on other people's opinions to determine which coins we will choose, it's not a good decision. Because sometimes other people only manipulate
for their own benefit, and promote the coins that they have bought before. So use our own knowledge and analytical skills to determine the right coins
for us to choose.

usekevin

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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.

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Quote from: peter0425 on April 07, 2022, 05:57:22 AM

Simply , never invest in something that you don't fully understand. thats it .

imagine you are called investor but you know nothing about the criteria? lol that is insane way of investing.

learn first then return to investing , but for now? forget about putting money inside crypto.

This is probably true for a while, if you are a newbie then you need to study and learn more about crypto at first, but if you are not a newbie, if you know what crypto is then finding an altcoin becomes a bit easier. You build some strategy, some filter that you use when you look at things.

Like for the longest time I have been trying to avoid investing into things that look centralized, because these days almost everything is based on the teams behind projects and I dislike that. Not everyone cares about that, some other person might even care about the team being great, and that is the biggest difference, that is something I can understand, just not support myself.

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Quote from: newdevices on April 08, 2022, 04:57:56 AM

The strategy of an investor is indeed different and I appreciate you if you choose the top altcoin on Coinmarketcap for a safe investment, but you must know that the top coin already has a high ROI,
of course the risk that will be accepted is also much higher than in a project ranked 100 and above coinmarketcap, try to think first.

The top ones may not bring you wealth overnight, but they can bring you wealth in a few decades and that might be too slow for you, maybe you want to turn a few thousands dollars to few million dollars in under 5 years and that is why top coins do not matter to you.

But, some people like to take less risk and invest for a decade into the top ones, like btc, eth, bnb,l ltc and so forth and then hope that this investment would bring you a good amount of return in the long run. It is not really that much of a bad strategy neither because it looks like it will be a solid one that will do what it aims at, the difference is, you may not want what it aims at and that is understandable too.

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Quote from: newdevices on April 08, 2022, 04:57:56 AM

Quote from: Wildwest on April 08, 2022, 02:46:53 AM

In investing, of course, we have our own criteria in choosing coins for us to hold, some investors prefer new altcoins that have potential and they do not care about risk and they always hope to get a big profit, but I prefer the old altcoin and already ranked at the top because with the current market conditions it is very suitable for us to invest in the long term in these altcoins.

The strategy of an investor is indeed different and I appreciate you if you choose the top altcoin on Coinmarketcap for a safe investment,
but you must know that the top coin already has a high ROI,
of course, the risk that will be accepted is also much higher than in a project ranked 100 and above coinmarketcap,
try to think first.

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap, but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

newdevices

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Quote from: Wildwest on April 08, 2022, 02:46:53 AM

In investing, of course, we have our own criteria in choosing coins for us to hold, some investors prefer new altcoins that have potential and they do not care about risk and they always hope to get a big profit, but I prefer the old altcoin and already ranked at the top because with the current market conditions it is very suitable for us to invest in the long term in these altcoins.

The strategy of an investor is indeed different and I appreciate you if you choose the top altcoin on Coinmarketcap for a safe investment,
but you must know that the top coin already has a high ROI,
of course the risk that will be accepted is also much higher than in a project ranked 100 and above coinmarketcap,
try to think first.

Wildwest

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In investing, of course, we have our own criteria in choosing coins for us to hold, some investors prefer new altcoins that have potential and they do not care about risk and they always hope to get a big profit, but I prefer the old altcoin and already ranked at the top because with the current market conditions it is very suitable for us to invest in the long term in these altcoins.

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Quote from: Vaculin on April 07, 2022, 04:54:40 PM

Quote from: ethereumhunter on April 02, 2022, 09:02:16 AM

There are no right criteria for choosing altcoin because every investor will have their own criteria and be different from the other investors. Some of them prefer to invest in a low coin price, while others will look at supply, the project development, the teams behind the project, the position of the coin, etc. Some others prefer to invest in the altcoin from their position and only pick the top 20 coin list for their investment. Maybe you need to find those criteria for choosing an altcoin based on what we are telling you so you will know how to choose the altcoin.

Well, there are a lot of criteria to consider but there is no prefect criteria that will help you to choose and invest in a good altcoin. But knowing an altcoin has a long term utility case, that is one way to choose an altcoin because it will mostly result into long term profitability. However, if you find it hard to choose which altcoin will perform best in the market, then always choose to invest in those established altcoins. They are already proven and tested despite of the market volatility, and are sure to give you more profits than resulting into losses.

There are many criteria for choosing profitable altcoins, but everyone has their own standards in choosing altcoins. So sometimes everyone has
different criteria in determining good altcoins for investment. What is certain is that we must have good knowledge of the crypto world to be able
to choose good altcoins, because investing in altcoins is different from investing in other assets. Altcoins are very much in circulation these days,
so it will be difficult for people who do not have knowledge of the crypto world if they have to choose altcoins. Maybe for a newbie who doesn't have
a good knowledge of the crypto world, they should start investing in top altcoins. Because top altcoins have proven to be good for investment.

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Every investor has their own criteria for choosing the right altcoins to buy. For me, the most important criteria are:
1. Has a skilled, professional, and active team
Stong team should be the first criteria to be considered. Without a strong team, an altcoin cannot be developed as expected. A bad team may lead to a decrease in the trust among the investors or community. They probably leave the project once they know the team isn't competent.

2. Has a clear and long-term concept
We must look for an altcoin with a good concept, especially those that have long-term plans. For an altcoin that seems to have a short life, we are better to not buy the token. Probably the developer of the token will do a rug pull, to disappear once got big funds.

3. Has a big community
Big support from many people will encourage the token to have a long future. Don't buy a token that has a small community, it is too risky.

4. Has a good partnership with any trusted platforms
This implies that the token is made by a good project and professional team.

5. Listed on reputable exchanges
Avoid buying any token that is listed on a bad exchange. They may not survive a long time.

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Quote from: ethereumhunter on April 02, 2022, 09:02:16 AM

There are no right criteria for choosing altcoin because every investor will have their own criteria and be different from the other investors. Some of them prefer to invest in a low coin price, while others will look at supply, the project development, the teams behind the project, the position of the coin, etc. Some others prefer to invest in the altcoin from their position and only pick the top 20 coin list for their investment. Maybe you need to find those criteria for choosing an altcoin based on what we are telling you so you will know how to choose the altcoin.

Well, there are a lot of criteria to consider but there is no prefect criteria that will help you to choose and invest in a good altcoin. But knowing an altcoin has a long term utility case, that is one way to choose an altcoin because it will mostly result into long term profitability. However, if you find it hard to choose which altcoin will perform best in the market, then always choose to invest in those established altcoins. They are already proven and tested despite of the market volatility, and are sure to give you more profits than resulting into losses.

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I think the coins that are in the top 10 CMC are coins that have very precise criteria to invest both in the long and short term, because these altcoins have very large fundamentals and volumes in the market so that these coins have great potential be able to provide good luck for you.

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Quote from: sarmrakib on April 07, 2022, 11:26:50 AM

Quote from: kesmex on April 01, 2022, 11:56:34 PM

Quote from: Odusko on April 01, 2022, 06:35:17 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?

Every investor must have their own criteria for choosing the coins they will invest,
the safest is that the top coins are good for long term investment,
but we still need to do our own research after all we can't ignore that

Its always so tough to choose the right coin where we wanna invest our valuable capital .I am agree with you that we all have different tricks to choose our altcoin to invest .I always go through with the trend which are running on the whole community .I wanna clear it to give an example in recent time the community are really go through with the metaverse and web3 project .That's how i start with the best potential project on the market .I try to invest on different project to separate my investment .I also invest on the top altcoin of the market like you ,which are more potential .I just have shared my own strategy do your own research and make yours .

We could pick whichever coin we want based on the most effective strategy that we could personally apply. As for me, I would prefer top coins that are more established where I would have an assurance that they wouldn't turn into rug pull. I don't want to risk my funds on coins that are just carried by the hype. Coins that have a strong foundation and good reputation I think would be a good choice.

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Quote from: kesmex on April 01, 2022, 11:56:34 PM

Quote from: Odusko on April 01, 2022, 06:35:17 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?

Every investor must have their own criteria for choosing the coins they will invest,
the safest is that the top coins are good for long term investment,
but we still need to do our own research after all we can't ignore that

Its always so tough to choose the right coin where we wanna invest our valuable capital .I am agree with you that we all have different tricks to choose our altcoin to invest .I always go through with the trend which are running on the whole community .I wanna clear it to give an example in recent time the community are really go through with the metaverse and web3 project .That's how i start with the best potential project on the market .I try to invest on different project to separate my investment .I also invest on the top altcoin of the market like you ,which are more potential .I just have shared my own strategy do your own research and make yours .

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Quote from: peter0425 on April 07, 2022, 05:57:22 AM

Simply , never invest in something that you don't fully understand. thats it .

imagine you are called investor but you know nothing about the criteria? lol that is insane way of investing.

Quote from: marine4u on April 07, 2022, 02:08:34 AM

It is difficult to talk about criteria, long-term or short-term investment will have different selection criteria. For me, when looking at and participating in the basic investment in a project, trust will be the most important thing to stick with for a long time. The vision, meaning and utility of the project are part, a well-built community is encouraged. Of course, I think the current trend is DAO, and you will demonstrate that as part of the development process, the success of the project will consist of the development ideas being launched and built. Community, leaders will be the criteria for the DAO that I am really interested in.

wrong Trust does not there to save you, instead it is knowledge and capacity to choose, and also some part are instinct .

Yeah, I fully understand that. Thank you for the reminder. But what I mean is that some defi projects have DAOs that I'm interested in and are almost in a wrecked and dreary boat where you can't get out and that's how I accept as a trade-off.

Quote

but for now? forget about putting money inside crypto.

For me in the dry, negative now is an opportunity for DCA or accumulation. This is not a time for weeping or whining, but a time for assertiveness i think

Topic: What are the criteria for choosing altcoin - page 6. (Read 970 times)