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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: RapTarX on June 05, 2019, 02:21:40 PM



Title: Factors to consider to pick the best altcoin
Post by: RapTarX on June 05, 2019, 02:21:40 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.


Title: Re: Factors to consider to pick the best altcoin
Post by: Adriano2010 on June 05, 2019, 02:27:21 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Well try to see how much value a coin over time and how much value now, and see how much supply has and if there is enough order to buy it, and if community is active  and you can try invest on.


Title: Re: Factors to consider to pick the best altcoin
Post by: jazmuzika217 on June 05, 2019, 02:29:48 PM
Before investing your money in any altcoin project make sure you know the concept or goal of the project if its for long term or mid range term because not all altcoin are legit project. As of now my favorite altcoin are EOS, IOST and TRX you can check this altcoin goal and how this become my favorite.


Title: Re: Factors to consider to pick the best altcoin
Post by: semes on June 05, 2019, 02:30:26 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.


There is no certain factors in here. Because there is no certain rules in market. We can talk about here all day long. But we always decide that everything is various. Sometimes a good news can rise altcoins but sometimes more than 10 news can't help.

So here we are. Market is full of risks. You have to be always careful. We all have to. But with some luck, everything will be good.


Title: Re: Factors to consider to pick the best altcoin
Post by: cryptofirm on June 05, 2019, 03:17:25 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

pick an altcoins with strong community and active development inside the project my friend
for example EOS and IOTA besides ethereum
anyway if you hold btc and eth, i think you already hodl the best crypto and the best altcoins in your bag now


Title: Re: Factors to consider to pick the best altcoin
Post by: rizkyhiw on June 05, 2019, 03:41:39 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.


There is no certain factors in here. Because there is no certain rules in market. We can talk about here all day long. But we always decide that everything is various. Sometimes a good news can rise altcoins but sometimes more than 10 news can't help.

So here we are. Market is full of risks. You have to be always careful. We all have to. But with some luck, everything will be good.
Not because for me the media like everything else is just a supporter because the media sees altcoin from its potential, there are good teams and very good relationships with each partner, don't beat every altcoin because I see there are many who have the potential to be extraordinary from top rank, the rest analyze from any aspect because it can make prices rise because it is hope for the future.


Title: Re: Factors to consider to pick the best altcoin
Post by: coinswebid on June 05, 2019, 03:58:36 PM
Before investing your money in any altcoin project make sure you know the concept or goal of the project if its for long term or mid range term because not all altcoin are legit project. As of now my favorite altcoin are EOS, IOST and TRX you can check this altcoin goal and how this become my favorite.

and for sure, before investing we should knew about the team member,
because a project will success or not, mostly depends on their team member my friend,
if the team serious with their project, i'm sure they will do the best for their project
anyway EOS is a good choice


Title: Re: Factors to consider to pick the best altcoin
Post by: Prolifik on June 05, 2019, 04:07:41 PM
What about these factors?
Decentralization is on the frist place. Creators shouldn´t have more than 10% of total supply.
Proof of work consensus is currently the most safest one.
Listed on Binance, to prevent low liquidity.
Useful altcoin with diffrent use than Bitcoin.
User friendly.


Title: Re: Factors to consider to pick the best altcoin
Post by: bluesnup on June 05, 2019, 04:32:10 PM
This is what i do

1- Look for the team. get know the founders, developer and the community see the intentions and goals
2- The product. Is it useful? Do you need it ?
3- Timing. There are moments when we are going through some harsh market and it's better to stay away
4- Price. Usually the price will tell you the range of your earnings cheap coins will get you more profit but are harder to predict while others with a decent price won't get you that much but it's relatively  easy to predict.

Here i'm copying my list of alts from a previous thread that i'm hodling

- Switch [ESH] Switch.ag token that represents fees from switch.ag and switchdex.ag. You get more tokens and ETH at the end of the month, meaning a constant investment and profit.
- Binance Coin [BNB] Even though this one is already known i still think that it will keep growing, just a good token that has way too many benefits.
- OriginTrail [TRAC] I believe this is a great project they just need more time they got enough contacts and partnerships to keep growing i believe in the same period of 2-3 years
- These 3 i like to do some constant trading since their price is usually really volatile THETA, WAX and ENJ


Title: Re: Factors to consider to pick the best altcoin
Post by: blueteam09 on June 05, 2019, 05:06:56 PM
The first factor is Altcoin's first exchange listing time. It's trading block and liquidity of Altcoin. The number of exchanges has listed and the rate of difference between exchanges. These are my suggestions and hope that helps you in choosing Altcoin.


Title: Re: Factors to consider to pick the best altcoin
Post by: ahmia39 on June 05, 2019, 05:23:31 PM
Now the way to consider it is very easy, namely by looking at a number of altcoin-altcoins that are often in the top list in some markets, and see which one highlights the price to go up, and what you hold is also a very good coin, BTC and ETH.


Title: Re: Factors to consider to pick the best altcoin
Post by: florac9 on June 05, 2019, 06:40:01 PM
You've made the right choice already by investing in bitcoin and ethereum but if you aren't satisfy just do some research on top altcoins ,its more safer if you invest in popular altcoins ,they've been around for long time and there have been many upgrade since there release ,coins like xrp ,monero ,ada ,eos ,neo are all good altcoins ,they have real teams


Title: Re: Factors to consider to pick the best altcoin
Post by: michellee on June 05, 2019, 06:53:31 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

I think you can choose from the top 10 coins at the CMC and that will be enough for you to invest if you want to hold it for a while. That list will increase higher because I see that the chance for the top 10 coins will be bigger than the other coins. In the top 10 coins, you can choose more than 2 coins for the investment, but I don't think that there is the best altcoin because ever altcoin will have the chance to be the good coin in the future.


Title: Re: Factors to consider to pick the best altcoin
Post by: fapar on June 05, 2019, 06:53:38 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

It depends on what purpose you pursue: hold or profit now. If the first, then I advise you to leave in your financial portfolio BTC and ETH - buying for them other altcoins/tokens now you can blame yourself in the future when the BTC/ETH outgrowths and altcoins will fall in relation to them. If the second, then participate in exchange IEO (not all available funds!!!) - "play" but do not be greedy; there is a great chance to increase your depo.


Title: Re: Factors to consider to pick the best altcoin
Post by: DeepChipolino on June 05, 2019, 07:14:00 PM
Here, many are guided by fundamental analysis. I prefer to use TA. If you do not know the technical analysis of charts, then this is not your way.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.


Title: Re: Factors to consider to pick the best altcoin
Post by: Bttzed03 on June 05, 2019, 07:23:23 PM
My short answer is that anything that you think you can actually use. Not just for trading but also something you can use in your day-to-day transactions.


Title: Re: Factors to consider to pick the best altcoin
Post by: target on June 05, 2019, 07:30:57 PM
Here, many are guided by fundamental analysis. I prefer to use TA. If you do not know the technical analysis of charts, then this is not your way.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.

OP doesn't sound like a day trader so he must mean which altcoin to hold besides the eth he is holding.

If he intend to hold ETH and BTC he might also be interested to hold EOS as its almost the same thing with ETH. A factor to consider with EOS is that it has already built its own ecosystem same as TRON. So there you go. EOS and TRX would be wise to invest with.


Title: Re: Factors to consider to pick the best altcoin
Post by: adzino on June 05, 2019, 07:34:38 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
Both ETH and BTC are safe and reliable. I would suggest you to stick most of your investment on those coins. Other than that, go to coinmarketcap. Check for the top 20 currencies. Look out for coins that has potential to grow. Invest on those coins. You might find some coins with extremely high percentage rise in 24 hours. Those are just some shit coins being manipulated by the developers. Avoid those coins.


Title: Re: Factors to consider to pick the best altcoin
Post by: jackflag on June 05, 2019, 07:36:17 PM
You should always pay attention to the product of the project.  This is the most important thing for me.  Also, the price of the project and who its developers are important.  And the last is the number of users.  Following these factors, you can make a choice.


Title: Re: Factors to consider to pick the best altcoin
Post by: kcrypto77 on June 05, 2019, 07:37:04 PM
I do have some DROP. it is on 240 on the Rank.

It is an autonomouns trade coin, it gives 2% every 15 days. Right now it is at a good price.

The KYC is a little boring as it takes several steps to got it done.

It seems a good investment for me in long range! take a look at Dropil on Google seach and you will find more information!



Title: Re: Factors to consider to pick the best altcoin
Post by: bigcash2011 on June 05, 2019, 07:39:49 PM
If you are holding btc and eth thwn you are fine because picking and choosing a new coin is not an easy task first you need to check the legitimacy of the coin then the team and then the practical viability of the project then you have to syudy the tokenomics and then comes the exchanges and volume part.


Title: Re: Factors to consider to pick the best altcoin
Post by: Inosend on June 05, 2019, 07:41:10 PM
If want factors to consider before investing on cryptocurrency, then the most important thing you need to do is make a proper research and make comparisons between which altcoins you want to invest on


Title: Re: Factors to consider to pick the best altcoin
Post by: Convery on June 05, 2019, 08:23:39 PM
If you are looking for good Ethereum alternative learn more about EOS or Tron. Their Dapps are more used cause higher TPS rate of their chains.


Title: Re: Factors to consider to pick the best altcoin
Post by: elpiji on June 05, 2019, 08:29:19 PM
to check for new coins is not a very easy thing because sometimes the research we do is not as we expected but if you want to invest in other coins you should choose the top 20 coinmerket because it can be more trusted


Title: Re: Factors to consider to pick the best altcoin
Post by: JCviggen on June 05, 2019, 08:41:38 PM
many threads have already been created where everyone is talking about BNB, why don't you just start reading the forum and not ask the same question. there are too many Investment offers at the forum


Title: Re: Factors to consider to pick the best altcoin
Post by: Irviyandi on June 05, 2019, 08:50:44 PM
In my opinion Maybe you should see the movement of a coin and the volume of the coin so that you can decide which investment to coin, but now your choice to hold bitcoin and ethereum I think it's very appropriate and there will be big things in bitcoin and ethereum


Title: Re: Factors to consider to pick the best altcoin
Post by: aemma on June 05, 2019, 09:11:41 PM
One thing that drives the value of coin is the use case, thus use case is one of the factors to consider. Another is the team, how active and experienced are they matters a lot. If you check ETH you will see it passed all these, thus its value today.


Title: Re: Factors to consider to pick the best altcoin
Post by: Jamjamz30 on June 05, 2019, 09:16:18 PM
The functionality of the entirety of the project driving the coin's value. If the coin has no use or juat a weak duplicate of other coin, then I'll consider the coin a shit coin. On the other hand, if its function is vey significant in cryprocurrency, then this is a good coin. Don't just rely on the price of the coin.


Title: Re: Factors to consider to pick the best altcoin
Post by: Kay94 on June 05, 2019, 10:09:55 PM
The rate at which cryptocurrency is growing is amazing. As a result, there are many altcoins which are in existence now. I think you need to conduct research about the coin before investing in that.


Title: Re: Factors to consider to pick the best altcoin
Post by: livingfree on June 05, 2019, 10:55:02 PM
You're already holding good coins and if you want to diversify always check if the coin that you're interested with has some shady management or team. It means that you need to check also if the people behind it doesn't have shady past.

We have different views on how to choose a new altcoin that will be added to your stash and that's the best that you can do, to do your own research.


Title: Re: Factors to consider to pick the best altcoin
Post by: moonblocks on June 06, 2019, 01:06:32 AM
If you are seeking to invest in alternative assets its best to evaluate the startups potential and ensure a project has a good quality product that has a real world use case and its own ecosystem, and be conscious of not choosing any that might be considered a security in the future as these may not be worth your while


Title: Re: Factors to consider to pick the best altcoin
Post by: pungopete468 on June 06, 2019, 01:27:13 AM
In my opinion Maybe you should see the movement of a coin and the volume of the coin so that you can decide which investment to coin, but now your choice to hold bitcoin and ethereum I think it's very appropriate and there will be big things in bitcoin and ethereum
both are indeed chosen as the main choice in investing many people. this is because indeed the big profits that can be obtained and also the influence of both in each market movement is very large. so that is the right decision


Title: Re: Factors to consider to pick the best altcoin
Post by: hohuan101 on June 06, 2019, 02:23:49 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
You can view the chart, search for them on telegram, twitter, ... If they are mentioned a lot at the time you search, it will be able to pump more than other altcoin.


Title: Re: Factors to consider to pick the best altcoin
Post by: ansarose1 on June 06, 2019, 02:32:41 AM
For me, i think the first step to consider for picking a good altcoins or crypto is the volume capacity of that coin, which means bitcoin and ethereum has the most volume coins in the market, investing in bitcoin and ethereum is a very good way. The two coin has the ability to raise its price and even the price drops, still the bitcoin and ethereum coin are good for a long term investment plans.


Title: Re: Factors to consider to pick the best altcoin
Post by: Caladonian on June 06, 2019, 02:43:49 AM
With BTC and ETH your investment is safer to hold, but if you have spare money and you wanted to invest for some more, you can try to checkout BNB as it's being use for the exchange as utility Token.

The success of this Exchange will bring the value of this token to a much better level, you can buy and hold or use it to invest with their launchpad IEO offerings.


Title: Re: Factors to consider to pick the best altcoin
Post by: uneng on June 06, 2019, 02:45:16 AM
I would look for its age, marketcap, volume, fluctuation on the last year at least. Also you should check the altcoin total supply: currencies with limited supply tend to get more valuable on long run, like bitcoin.
And of course, if you want to pick the best altcoin better to pick one from the top 10 (although you are already hodling ether, which is considered the best altcoin).


Title: Re: Factors to consider to pick the best altcoin
Post by: andika2018 on June 06, 2019, 05:09:17 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

I think there is a lot good altcoin or investment beside bitcoin and ethereum. Its true that bitcoin and ethereum is safest investment in cryptomarket but i think Binance coin or EOS is good alternative beside ethereum or bitcoin


Title: Re: Factors to consider to pick the best altcoin
Post by: cytpoway121 on June 06, 2019, 05:18:26 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

After deciding if you are investing on the short term or long term; you need to dyor and spot out the longevity of the project, finding out if it has what it takes to get increase in value the next 3-6 months

The more information you get; and facts you note, the more you acknowledge the best altcoins


Title: Re: Factors to consider to pick the best altcoin
Post by: killat on June 06, 2019, 06:17:18 AM
After some experience of investing in brand new projects,  I recommend you to be aware of the following key points and do a lot of research before investing in any altcoin:
- verify the Whitepaper
- check the team and their relevant experience in crypto space
- read references on other websites  about the project you want to invest
- check social media activity


Title: Re: Factors to consider to pick the best altcoin
Post by: toast on June 06, 2019, 06:27:58 AM
After some experience of investing in brand new projects,  I recommend you to be aware of the following key points and do a lot of research before investing in any altcoin:
- verify the Whitepaper
- check the team and their relevant experience in crypto space
- read references on other websites  about the project you want to invest
- check social media activity
These tips are indeed very suitable for us to be more careful in choosing an altcoin. see in detail all information available from the whitepaper to social media to check the extent of their development and also how much has been produced from the design of the whitepaper


Title: Re: Factors to consider to pick the best altcoin
Post by: uniquark on June 06, 2019, 09:40:59 AM
Learn more about more altcoin, join many crypto discussion groups. From there you will have more information to make your investment more diverse


Title: Re: Factors to consider to pick the best altcoin
Post by: Chomsy on June 06, 2019, 10:37:12 AM
You need to do extensive research before considering any altcoin. Research is the song everyone sings in this space. Also, consider joining the community of the project for feedbacks.


Title: Re: Factors to consider to pick the best altcoin
Post by: babicena14 on June 06, 2019, 11:31:12 AM
You need to tell us more information about how long you want to invest and how much. For example, in the near future I expect that the income can bring tokens BTT or XRP. For long term investments I would choose Tezos and Litecoin.


Title: Re: Factors to consider to pick the best altcoin
Post by: Karlinz on June 06, 2019, 11:36:09 AM
If you are looking at some altcoins that will give much profit, then it won't be btc and ETH, look for altcoins that have a good history and have dumped so much, this do not include recently launched coins that still have a low circulation compared to total supply. One of such coins is xvg, just invest little amount in them and leave for some months


Title: Re: Factors to consider to pick the best altcoin
Post by: dimonarka on June 06, 2019, 08:20:47 PM
First of all, you should understand that no one will give you investment advice as it is your money and only you have to decide how to distribute it, I advise you to study the cryptocurrency market in more detail and choose tokens for investments yourself and then study the projects you have chosen and only after that make a decision on investing.


Title: Re: Factors to consider to pick the best altcoin
Post by: deodivine1 on June 06, 2019, 09:25:33 PM
Seeking public opinion on threads like this should only guide you to do some research on the coins mentioned, and not a surety to invest in the coins mentioned. I'll suggest TRX, EOS, NEO, ICX, VET.  Do your own research.


Title: Re: Factors to consider to pick the best altcoin
Post by: pelumi20 on June 06, 2019, 10:11:14 PM
There are a lot of factors to consider to pick the beat altcoins, but I think the most important is a good working product. And this is because if a altcoin have a good working product, then it already have a large which will create demand for the altcoin.


Title: Re: Factors to consider to pick the best altcoin
Post by: Jrfranco on June 06, 2019, 10:24:27 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Good thing that you are now holding BTC and ETH at this moment but for me to say, a lot of things to consider when you are buying some coins to hold or anything, first things first are the project constant updates, this is important because it means to say that the team are working behind in order to improve the project in a timely basis, another thing is that how useful their project is.


Title: Re: Factors to consider to pick the best altcoin
Post by: luigi3 on June 06, 2019, 11:18:52 PM
So if you choose to invest your coin in any altcoins try to put it in the top 10 coins in cmc and absolutely you will not regret after all,because most of them has a chance to get boom in the near future.


Title: Re: Factors to consider to pick the best altcoin
Post by: Bitfling on June 07, 2019, 01:47:44 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

BNB Coin is good altcoin beside ethereum. With back up from big exchangers binance, i think BNB Coin price will increase and reach at least $50 end this year. IEOs from binance always sold out in a second and give profits to their investor and BNB Coin used for this


Title: Re: Factors to consider to pick the best altcoin
Post by: rachman mahesa on June 07, 2019, 01:55:16 AM
ETH and BTC are very good to hold now. Because both crypto is indeed very many people have it with long-term investment goals. But if you want to add another altcoin, of course it's better like XRP, Litecoin and BNB. Maybe the top altcoin is the best way to invest.


Title: Re: Factors to consider to pick the best altcoin
Post by: Eraldo Coil on June 07, 2019, 02:07:21 AM
There is a coin ranking but I think it is not 100% guaranteed that that coin is better than some of the coins because of its ranking. It also depends on the time because a coin can skyrocket anytime time and become more profitable. But in my own speculation, Ethereum is still the best altcoin you can hold as of now.


Title: Re: Factors to consider to pick the best altcoin
Post by: MisterLangley on June 07, 2019, 02:09:22 AM
I don't know what to say about something important to you before you choose a coin. If at this time you are still holding BTC and ETH, keep it shortly. If you want to buy coins, pay attention to the stable price level.


Title: Re: Factors to consider to pick the best altcoin
Post by: qomariah95 on June 07, 2019, 02:13:27 AM
I don't know what to say about something important to you before you choose a coin. If at this time you are still holding BTC and ETH, keep it shortly. If you want to buy coins, pay attention to the stable price level.
That's a very good suggestion if you want to add another altcoin. ETH and BTC are very good to have now and just add another altcoin. As suggested by MisterLangley, consider a stable price level. Maybe with that you will benefit by having several altcoins.


Title: Re: Factors to consider to pick the best altcoin
Post by: xysheeh03 on June 07, 2019, 02:43:38 AM
In my perception, the best way to choose altcoin to invest with is that choosing altcoins that has a good reputation, and capable for a long term investment, this means that you can earn profit even for a long term holding what you buy. A good reputation coin even it drops its price, still it can increase in the future, like bitcoin and ethereum coin. Good coins to invest with, having assurance for earning profits in a long term investments.


Title: Re: Factors to consider to pick the best altcoin
Post by: imstillthebest on June 07, 2019, 02:52:28 AM
the answer is already stated on your sentence ( " best altcoin " ) .  The best altcoins are always on the top rankings so for me i only pick them immediately without doing any research or considering any other factors as that will only kill my time but those things are still useful especially when you are going to pick unrated coins or new coins just because your looking for those hidden gems  .


Title: Re: Factors to consider to pick the best altcoin
Post by: libert19 on June 07, 2019, 03:34:30 AM
Pick coins with active development (check projects github), what problems they are trying to solve, do they have an active community, etc.


Title: Re: Factors to consider to pick the best altcoin
Post by: mardaed on June 07, 2019, 03:34:52 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Your holding a big assets indeed but do you chance to hold altcoins which is listed in cmc or top 10 atleast ? Maybe this altcoin will help you gain more profits if your lucky enough to pick those promising project. Just try to do some research if you want to have confidence in the token or coin you invested in.


Title: Re: Factors to consider to pick the best altcoin
Post by: MisterLangley on June 07, 2019, 05:07:31 AM
I don't know what to say about something important to you before you choose a coin. If at this time you are still holding BTC and ETH, keep it shortly. If you want to buy coins, pay attention to the stable price level.
That's a very good suggestion if you want to add another altcoin. ETH and BTC are very good to have now and just add another altcoin. As suggested by MisterLangley, consider a stable price level. Maybe with that you will benefit by having several altcoins.
The consideration that I convey is the fact when participating in crypto. I think a stable price level factor is the main. Even if we see the position of the coin in the list of 100, the coin can also have a chance to disappear, but the popularity of the coin is guaranteed.


Title: Re: Factors to consider to pick the best altcoin
Post by: Al-e_x on June 07, 2019, 05:26:40 AM
If you already hold BTC and ETH I suggest you buy Ripple, Tron and Coin because the three coins have a lot of good that will later raise the price of the coin


Title: Re: Factors to consider to pick the best altcoin
Post by: sanida on June 07, 2019, 05:27:25 AM
There's something you really need to know if you are new in this kind of investment. when picking a altcoin you want to buy, buy only the coins that has a lower price what I mean by a lower price is when you buy it you don't need to invest a lot just a little money will do and wait for it to rise up to the % you want.


Title: Re: Factors to consider to pick the best altcoin
Post by: maxreish on June 07, 2019, 07:03:03 AM
If you are going to buy cheap altcoins, there are so many out there that are really cheap but still giving you profits. DYOR is the key. But since you are seeking from the experienced traders, i would only suggest you to buy altcoins that are on the top list in the coinmarketcap. I've bought BNB many times  and i can really say that it is really has a potential. I also bought xrp and eos but to my disappointment, it did just give me some headaches not the profits.  :)


Title: Re: Factors to consider to pick the best altcoin
Post by: Fluxtorrence9 on June 07, 2019, 07:56:32 AM
We have too many projects coming out this days with lots of promises and failures ,all I can say is listen to your heart ,apart from choosing good reasonable projects with working products it doesn't guaranteed that it will be a success


Title: Re: Factors to consider to pick the best altcoin
Post by: Cacingkemi on June 07, 2019, 08:04:23 AM
Consider the original pricing factor for an ALT product, usually every year there is a price change by looking at the chart price history he will return to the price at the fixing point. When you already know that then buy it below price, always see the development of the news also cause the stock price of a product can be at risk of falling dramatically due to surges that occur in the market.


Title: Re: Factors to consider to pick the best altcoin
Post by: sjbi on June 07, 2019, 08:18:17 AM
If you want to invest in the long term you should choose such projects that are designed for the long term. There are many projects like ripple, binance coin, tron, OmiseGo which will give you more benefits in the long run. But if you want to get short-term profits, you can invest in new coins hitting or about to hit the market. You must have a trading skill.


Title: Re: Factors to consider to pick the best altcoin
Post by: Xardasim on June 07, 2019, 09:06:36 AM
I can not give a certain opinion in this regard, it depends on the altcoin itself and you. Everyone has their own tactics and they trade accordingly. Yourself should find the factor you are looking for.


Title: Re: Factors to consider to pick the best altcoin
Post by: shoreno on June 07, 2019, 09:11:47 AM
I can not give a certain opinion in this regard, it depends on the altcoin itself and you.

Lol , what do you think the purpose of this thread ? The op created it in the first place because he wanted to ask for suggestions or strategies when looking up a coin  .  why dont you give any of your method ?  Im sure you have your own standards before you buy a coin arent you ?  But in my case i look for the coin that is popular or already established in the crypto market  , also if the coin has a low supply .


Title: Re: Factors to consider to pick the best altcoin
Post by: tins on June 07, 2019, 09:52:54 AM
We have too many projects coming out this days with lots of promises and failures ,all I can say is listen to your heart ,apart from choosing good reasonable projects with working products it doesn't guaranteed that it will be a success

I think choosing big and long-term projects is a safe and profitable investment method but not better than new projects.


Title: Re: Factors to consider to pick the best altcoin
Post by: TheClownSong on June 07, 2019, 09:53:15 AM
If you are going to buy cheap altcoins, there are so many out there that are really cheap but still giving you profits. DYOR is the key. But since you are seeking from the experienced traders, i would only suggest you to buy altcoins that are on the top list in the coinmarketcap. I've bought BNB many times  and i can really say that it is really has a potential. I also bought xrp and eos but to my disappointment, it did just give me some headaches not the profits.  :)

Cheaper price doesnt guarantee the project are legit, its depen altcoin. If altcoin have working product and big liquidity, i think its worth to invest for long term but if daily trading volume not big and below $50k daily, i am prefer not holding this kind altcoin


Title: Re: Factors to consider to pick the best altcoin
Post by: MonsterV on June 07, 2019, 11:59:52 AM

There is no certain factors in here. Because there is no certain rules in market. We can talk about here all day long. But we always decide that everything is various. Sometimes a good news can rise altcoins but sometimes more than 10 news can't help.

So here we are. Market is full of risks. You have to be always careful. We all have to. But with some luck, everything will be good.

Although there are no specific rules on the market but we must pay attention to many factors in choosing coins, do you not pay attention to those factors? means you choose careless coins.

I myself have a standard in choosing coins and have many factors in speculating, one of which is seeing the trend of bitcoin. Yes, because bitcoin affects the altcoin price so when I want to choose altcoin, I have to look at the market trend first, then after that I use some of my standard factors in choosing coins.


Title: Re: Factors to consider to pick the best altcoin
Post by: oseikuf44 on June 07, 2019, 12:23:39 PM
Look at altcoins with a huge volume with liquidity so you can trade in and out any time you want to opt out. Altcoin that is listed on more than 10 exchanges, Ether, EOS, TRON and Litecoin are those that is best for investment both in bearish market or bullish market.


Title: Re: Factors to consider to pick the best altcoin
Post by: iam_aayushiJ on June 07, 2019, 01:30:46 PM
It is the first quarter of New Year 2019, and we can already see the rising trends of different cryptocurrencies in the blockchain industry. 2019 is going to be the year which is set to change the picture from bearish to bullish. Historically, people use to watch the stock market trends in terms of wealth creation, but now the focus has shifted to top long term cryptocurrencies.

Cryptocurrencies will survive with only one and one factor, the adaption of the project, and team behind it. If on day0 the coin does not have any solid use case, but if they have a solid team, they will bring innovation and adaption will automatically come. Take example of Binance. Also if you see the history crypto companies have had a very fragile history, exchanges have come and died and lot other companies got crushed with the the test of market. Therefore please focus on the team.


Title: Re: Factors to consider to pick the best altcoin
Post by: didzi on June 07, 2019, 02:28:54 PM
We have too many projects coming out this days with lots of promises and failures ,all I can say is listen to your heart ,apart from choosing good reasonable projects with working products it doesn't guaranteed that it will be a success

I think choosing big and long-term projects is a safe and profitable investment method but not better than new projects.

yeah, but if we want to learn from the past, i think we can find a new and good altcoins project to invest mate
just find a project with trusted and great team member, i think you will get an enough profit buddy


Title: Re: Factors to consider to pick the best altcoin
Post by: Genamant on June 07, 2019, 02:41:35 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

when choosing legit altcoins i always look for altcoins with solid use case and strong partnerships
and with huge/active community plus dedicated team


Title: Re: Factors to consider to pick the best altcoin
Post by: mikelsmith2020 on June 07, 2019, 02:46:47 PM
Diregard the price of the altcoins choose an altcoin that has a use even its price drops. This is my main factor in choosing a cryptocurrency but of course a price matters because its a representation of the project.

I also consider of the future use and possible collaboration of the altcoin to other altcoins in this way it will surely increase the price of that cryptocurrency in the future and lastly choose a project that are transparent to its users and to its investors.


Title: Re: Factors to consider to pick the best altcoin
Post by: defyance on June 07, 2019, 02:55:55 PM
I usually make fundamental and event analysis. Let's say there is a main net launch or consensus event. In this case there are chances for growth and I pick this coin


Title: Re: Factors to consider to pick the best altcoin
Post by: joshy23 on June 07, 2019, 02:59:18 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

when choosing legit altcoins i always look for altcoins with solid use case and strong partnerships
and with huge/active community plus dedicated team

Those factors if being research properly, you can find good and profitable investment, team behind and good usabilities are the most
common things to look up when you are aiming to invest your money, best efforts will pay best results.


Title: Re: Factors to consider to pick the best altcoin
Post by: GabbieBoy12 on June 07, 2019, 03:04:55 PM
It will depends on the altcoin itself for  you. Everyone has their own tactics and they trade accordingly. Yourself should find the factor you are looking for. Example, be knowledgeable of picking project, pick or join only in a project which can offer goodness to its investor and create goodness at the marketplace like the dencoin tokens. But the factors was needed to be consider was the projects team, the projects whitepaper and there tou have it. Tjata the time you can pick yoirself the best project for your investments.


Title: Re: Factors to consider to pick the best altcoin
Post by: Boh manok on June 07, 2019, 03:08:26 PM
Indeed, there are quite a lot of very good altcoins on a number of exchanges and you can see good altcoins by the way the altcoins are listed in a number of large exchanges not just in one exchange and we can also see from the movements of the altcoin


Title: Re: Factors to consider to pick the best altcoin
Post by: GREENch on June 07, 2019, 03:19:09 PM
I have until today there were doubts about the project Ripple, and after the news about what the result of a hacker attack, the users of the service GateHub lost 23 million XRP. I do not recommend to buy this coin.


Title: Re: Factors to consider to pick the best altcoin
Post by: Sithara007 on June 07, 2019, 03:31:11 PM
I have until today there were doubts about the project Ripple, and after the news about what the result of a hacker attack, the users of the service GateHub lost 23 million XRP. I do not recommend to buy this coin.

I have always considered Ripple as a shady currency, because there are no stats on the distribution of coins. GateHub has confirmed that XRP tokens worth close to $10 million were stolen by the hackers. More than 100 different wallets were targeted and this means that the hackers exploited a bug within the XRP system. And the latest information is that at least 55% of the stolen tokes have been laundered so far.


Title: Re: Factors to consider to pick the best altcoin
Post by: Mighty_crypt on June 07, 2019, 04:31:27 PM
I like picking projects that has better chances of surviving long term ,good road maps and hardworking teams with pro background ,they will be willing to lists on higher exchanges only and the coin must have a working product ,that's the only way it will keep having value over time


Title: Re: Factors to consider to pick the best altcoin
Post by: Emmy92 on June 07, 2019, 05:29:38 PM
In my own understanding, the first factor is the team behind that project. You need to check their relevant experience as well as their Advisors to be sure they have the power to drive the platform. Secondly, you need to check the project itself to see if it's achievable by that team, then check the community and how effective they are. I think these will help you make the right choice.


Title: Re: Factors to consider to pick the best altcoin
Post by: TopT3ns on June 07, 2019, 06:14:19 PM
I like picking projects that has better chances of surviving long term ,good road maps and hardworking teams with pro background ,they will be willing to lists on higher exchanges only and the coin must have a working product ,that's the only way it will keep having value over time
In past i do that too. Usually i pick project that related to VISA or gambling site. Because both of it can be developed and can survived. About gambling site, as long they still open their services, i think their coins will always can be used.


Title: Re: Factors to consider to pick the best altcoin
Post by: Gayong88 on June 07, 2019, 08:27:24 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Most people dominant like to BTC and ETH, other allcoints also have potential prices on the market. check the ranking of market capitalization, transaction volume, available supply and other supporting factors.


Title: Re: Factors to consider to pick the best altcoin
Post by: kingpin4321 on June 07, 2019, 09:22:19 PM
I once used to have factors to consider when I was selecting an altcoin but until the bearish market turned up and should the vulnerability of altcoins and initial coin offering projects now my factor are you must at least have an average reputation


Title: Re: Factors to consider to pick the best altcoin
Post by: dataispower on June 07, 2019, 09:37:29 PM
I think you should consider TRX, there has been many dapps built on TRON blockchain and also many advancements which gear towards adoption slowly. Also look at EOS, the developers are really doing great, for instance VOICE social platform released recently proves this. Other good picks are ICX, NEO, WABI, VET.   Note that these are just my picks, not financial advice.


Title: Re: Factors to consider to pick the best altcoin
Post by: Flezy on June 07, 2019, 09:43:39 PM
I think the first criteria to look at is the idea behind the project or coin, how unique is? What is it trying to solve? Also, you will have to check the team to be sure they have the needed experience in order to fulfill their mandate.
The last point is about the community that is twitter, Facebook etc , how active it is and so on will tell you how active the team is too.


Title: Re: Factors to consider to pick the best altcoin
Post by: bitc0000 on June 07, 2019, 10:39:10 PM
For an altcoin to be good or best as stated by you, the team have to be good or the best to. This is because, it is what they know that they will offer or put to use, thus the altcoin. So that is to say, the team matter a whole lot in any project thereby the most important factor. Another factor is Community or instead the social media platforms and how active they are.


Title: Re: Factors to consider to pick the best altcoin
Post by: spydee1522 on June 07, 2019, 11:23:44 PM
Picking the best altcoin is key and very important to note. There are a lot of factors to considerably when choosing the best altcoin but the most important one's are, hard work and research. The one who is good at hard work is not lazy at researching. Being able to do a massive researxh about the altcoin, the team behinds it, the projects value and the projects support system is very important and also how the team respond to their social media handles.


Title: Re: Factors to consider to pick the best altcoin
Post by: Hypnosis00 on June 07, 2019, 11:41:37 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
Maybe you are but I know that you some point of views and ideas which gives the best among the others. Isn't new for you to hear ETH, XRP, and EOS, looking into their market volume will simply make you get interest in investing with them. It is one factor that we have to consider and choosing the valuable coins will make you profitable and investing those cheap coins where we don't know if it will weak-up or totally be dead.


Title: Re: Factors to consider to pick the best altcoin
Post by: udidrone on June 07, 2019, 11:48:39 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
Don't have new coins to promote for now because a lot of speculation in it. But i do hold Bitcoin and Ethereum too, btw Ethereum is altcoin too right so it is already suggestion maybe. I always do that thing.


Title: Re: Factors to consider to pick the best altcoin
Post by: martabaktelor on June 07, 2019, 11:51:05 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

There are still many coins that have very good potential besides Bitcoin and Ethereum. And you can monitor market conditions to get potential coins. I suggest that you buy the top coins better. Because the top coin has a very good trading volume. Like XRP, EOS, BNB, and LTC that this coin has very good potential and very high trading volume.


Title: Re: Factors to consider to pick the best altcoin
Post by: shannelcoin on June 07, 2019, 11:58:52 PM
Of course the factor you nedd to consider to pick a altcoin are having a good quality of product and having great platform also a team behind that altcoin. That's why it's important to make research before you invest in any altcoin.


Title: Re: Factors to consider to pick the best altcoin
Post by: princeyeboah on June 08, 2019, 12:21:03 AM
One of the best ways to pick a right altcoin to invest in is to look out for the product of that altcoin. Check out the demand level of the product of that altcoin because cryptocurrency is largely influenced by the principle of supply and demand. The larger the demand, the higher the value or the higher the chance of the coin surviving on the market.


Title: Re: Factors to consider to pick the best altcoin
Post by: dobolspeed3 on June 08, 2019, 01:51:41 AM
One of the best ways to pick a right altcoin to invest in is to look out for the product of that altcoin. Check out the demand level of the product of that altcoin because cryptocurrency is largely influenced by the principle of supply and demand. The larger the demand, the higher the value or the higher the chance of the coin surviving on the market.
Can you mention some altcoins like what you say. Maybe what you say is very interesting and I am very curious about altcoins that have products. It's true, the more requests the higher the price of the altcoin will be. So I want you to say what altcoin is, thank you


Title: Re: Factors to consider to pick the best altcoin
Post by: bgaf on June 08, 2019, 02:20:51 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

I sugges you hold that first. Dont be too reckless on putting it on alts cause it is very risky. Me, Im dumping some of my alts if I got a good deal on exchanging it for btc and eth. Im feeling very bullish about eth and btc especially many projects are now introducing their line. Im shocked when facebook is really pursuung their cryptocurrency project, thought it was a myth. If they will do an ICO then joined them probably an alt that will soar high.


Title: Re: Factors to consider to pick the best altcoin
Post by: Msworld83 on June 08, 2019, 03:55:06 AM
We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .


Title: Re: Factors to consider to pick the best altcoin
Post by: jcarlo on June 08, 2019, 04:53:18 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Beside Bitcoin and ethereum, i holding several altcoin. I am holding ICX, NEO, BNB, Elastos, and Pchain. I think there is a lot worth altcoin and having working product. My factor when choosing altcoin is the developers team behind and have good partnertship with big company


Title: Re: Factors to consider to pick the best altcoin
Post by: cahbagus555 on June 08, 2019, 05:27:21 AM
We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .

Indeed, a lot factor to consider before choosing best altcoin. The main factor beside developers team is good partnertship with big company. If the project have partnertship with company like IBM or Microsoft, investor must be want to invest


Title: Re: Factors to consider to pick the best altcoin
Post by: Burogh on June 08, 2019, 05:51:02 AM
We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .

For me, the main factor when choosing altcoin is where this token or coin listed. If listed in big exchangers like binance, i will choose token or coin with big trading volume. Sometimes choosing from small or mid exchangers is good choice but i am prefer choosing coin or token from big exchangers with big volume


Title: Re: Factors to consider to pick the best altcoin
Post by: Aldrinx00 on June 08, 2019, 06:08:59 AM
Well i do think you already holding the best altcoin which is ethereum, ETH is the top 2 in marketcap rankings and the developers are active on improving the block chain especially with regards to scalability and transaction speed.


Title: Re: Factors to consider to pick the best altcoin
Post by: SirLancelot on June 08, 2019, 09:52:47 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
I think mainly what people do is make their choices based on popularity of a coin. A lot of people will always go for ethereum whenever they talk altcoin, and that's because Ethereum is already popular so they don't care what ever, all they know is that it is popular and everyone likes it, so they are going for it. Well, ETH is usually a good choice to make, cause it is one of the altcoins that sometimes won't disappoint. If you're choosing an altcoin you should consider the competition on related coins and potential wallets. Another thing is available market and the development team.


Title: Re: Factors to consider to pick the best altcoin
Post by: mamahdedeh on June 08, 2019, 12:01:28 PM
If now you hold btc and eth then continue because both of them are potential coins for the future. If we want to choose another altcoin to increase investment, we must be selective and do the analysis to determine the best coins. I think the factor that needs to be looked at is the price movement of crypto currencies at least in the last six months, we also have to look at the fluctuations of the competitors of the crypto currency coins we want, and we have to look at the volume that occurs from time to time. We must know thoroughly about this coin. Then, what is also important is the technology that this coin carries. This technology can determine whether a coin will survive or not on the market.


Title: Re: Factors to consider to pick the best altcoin
Post by: attech21 on June 08, 2019, 01:23:23 PM
If we talk about factors to consider a best altcoins to invest ,there are a lot of factors that we must see in the project that offers altcoins before picking those and do investments.but as a professional investors they will only look at the quality of the project and that is enough like the Dencoin tokens a quality project that offers good altcoins in the ico of Dencoin tokens.


Title: Re: Factors to consider to pick the best altcoin
Post by: ljane on June 08, 2019, 04:20:06 PM
There are lmany factors you need to look out for when picking altcoins. You need yo study the market and be updated. You must know the current trend of that coin before selecting the altcoins. The quality of the project must not be left out. Its very necessary.


Title: Re: Factors to consider to pick the best altcoin
Post by: Raymondavid47 on June 08, 2019, 04:55:45 PM
It's really profitable to invest in good altcoins. But their various things to look out for before you buy the altcoin.
- First check their Telegram group and other social media networks to see if it's still functioning.
- Then check what exchanges they are listed on. Make sure it's a good exchange.
- Make sure they are really working on the project and they have new updates. That's a major source of good pump


Title: Re: Factors to consider to pick the best altcoin
Post by: sgenuine on June 09, 2019, 04:59:35 PM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Well try to see how much value a coin over time and how much value now, and see how much supply has and if there is enough order to buy it, and if community is active  and you can try invest on.

First, you must not concentrate on one token only. Choose several altcoins. Do not choose Ripple as there are billions of these tokens, and there is too much hype around it. Try to choose IOTA - it has all the chances to stay on the market long as people are interested in the Internet of things. Zcash with its anonymity is worth investing in and Monero also.


Title: Re: Factors to consider to pick the best altcoin
Post by: digitalblock on June 10, 2019, 03:44:01 PM
BTC and ETH are a good pair to invest in. But I advise you to look at Monero and XRP. These two coins are very strong in their kind. This is anonymity and the banking system.


Title: Re: Factors to consider to pick the best altcoin
Post by: jolle123 on June 10, 2019, 03:59:17 PM
If you really want to invest in altcoins should make sure that the project has its ooffer so you can also make sure that you earn by investing from it, there are lots of scattered rumored altcoins during this cryptocurrency period and you should be wise to choose so here is the Dencoin tokens for good income, so try this project and you will definitely earn a great deal.


Title: Re: Factors to consider to pick the best altcoin
Post by: RapTarX on June 11, 2019, 01:41:06 PM
Most of you have suggested me to check the usefulness of the coin. To be honest, I can't see any this type of coin in the market other than Bitcoin and ETH. Probably I am not yet known with all of the useful coin.


Title: Re: Factors to consider to pick the best altcoin
Post by: Simple_Plan on June 11, 2019, 01:55:53 PM
Most of you have suggested me to check the usefulness of the coin. To be honest, I can't see any this type of coin in the market other than Bitcoin and ETH. Probably I am not yet known with all of the useful coin.
What is the usefullness of bitcoin, to be exactly? I can give you some example of good altcoin. Hope you can find your own method to indentify them:
- BAT: real solid working product (Brave browser)
- BNB: same as above. it's backed by the world's largest crypto exchange
- XMR, ZEC, Dash: a lot of people like anonymity. this makes these coins valuable
...
There are a numerous factors but usage of a coin is one of them. You should also check the dev team and community of that coin.


Title: Re: Factors to consider to pick the best altcoin
Post by: jolle123 on June 11, 2019, 02:04:06 PM
Apparently when picking the best altcoins ofcourse to determined it you have to review the projects whiyepaoer and how tje team was running it. Then if you dind it out that ut van give you a good investment in return tjen thats the time you got picked the best altcoins. I can name some of it, so gar the best are the BTC, ETH and ofcourse the one i am holding was the demcoin tokens. So just dor a little tip, before investing your money in any altcoin project make sure you know the concept or goal of the project if its for long term or mid range term because not all altcoin are legit project.


Title: Re: Factors to consider to pick the best altcoin
Post by: Nezerlan on June 11, 2019, 02:07:29 PM
Even if all the factors are considered perfect, it is still not a guarantee to make profit from a coin but its better than blindly choosing randomly and hoping for the best.
So factors are the concept of the project (is it unique? is it realistic? can it be achieved? are there any other competitors out there?)
The team factor. You should keep tabs on them and do comprehensive background checks
Partnerships. Very important to know the kind of business partnerships a project is forming. It will affect the success of the project in the long run.
History of the coin. Some previous trends in the past can influence the behaviour of a coin in future.


Title: Re: Factors to consider to pick the best altcoin
Post by: shaheer001 on June 11, 2019, 02:13:41 PM
Almost all coins are at bottom search previous history of top 10 coins, which coin is in more dip buy it and never put all eggs in one basket.


Title: Re: Factors to consider to pick the best altcoin
Post by: romanij on June 11, 2019, 08:44:47 PM
I think the most important factor in choosing an altcoin at the moment is the availability of an active product. The product should be popular and progressive. In example can lead XRP BNB TRON. All these cryptocurrencies have strong projects that unite the community and provide the project with an influx of new people.


Title: Re: Factors to consider to pick the best altcoin
Post by: HK88 on June 11, 2019, 08:56:09 PM
Seeing the market situation that is not very supportive I think you only have to invest or stick with the two coins. bitcoin and ethereum are coins that have been able to survive in the market in terms of price and the demand aspect. this is much better while waiting for the market to improve


Title: Re: Factors to consider to pick the best altcoin
Post by: moonblocks on June 12, 2019, 12:13:08 AM
These are two of the best choices and any other major projects will be good to check out before the alt-season kicks back in again and there might soon be some benefits to picking up any bargains just make sure these commodities have appeal to institutions and professional investors


Title: Re: Factors to consider to pick the best altcoin
Post by: waynechong1995 on June 12, 2019, 01:11:39 AM
Trends move differently sometimes, there's period where blockchain projects were like hot stock, so does offchain solutions or exchanges. But if we are looking at a longer term, IMO coins focusing on a huge community and already have significant amount of users are good to go since there's volume and increasing adoption speed, the purpose of the project itself must speak to the problem and does indeed more useful


Title: Re: Factors to consider to pick the best altcoin
Post by: michellee on June 12, 2019, 05:44:24 AM
Seeing the market situation that is not very supportive I think you only have to invest or stick with the two coins. bitcoin and ethereum are coins that have been able to survive in the market in terms of price and the demand aspect. this is much better while waiting for the market to improve

That will be a good choice if we cannot search the other coins and that will enough for us to hold the coins. But if we can use the market to search the other coin and we still have more funds, then I think we could buy more coins because there will be too many profitable coins to buy. And if we have at least 5 or 7 profitable coins in the exchanges, we can make a big profit when the price increases later.


Title: Re: Factors to consider to pick the best altcoin
Post by: PaoAj on June 12, 2019, 05:50:32 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

I've learned a lot of things to watch out for, for being in the alt space for several years now watching successful projects rise, and scam projects run. What's important is DYOR, learn about the project, the team, is their roadmap doable, etc. Also, IEO is another avenue that you can look into. Seen one that sold out their private sales (http://ecomi.com?utm_source=ecomilx) and their IEO at the same time, that's a big yes for me already since they already have the funding to push the project out.


Title: Re: Factors to consider to pick the best altcoin
Post by: chichidori on June 12, 2019, 06:00:08 AM
Most of the suggestion are use case, strong community and committed devs, but as you can see a lot of token or mostly all of them are not yet in use to purchase any merchandise, my suggestion its better to invest on ETH or Bitcoin and if you have a spare change you can always pick the top coins on CMC there are no best altcoins, suggestion may influence your next buy but at the end it will be base on your research and preference of a certain altcoin.


Title: Re: Factors to consider to pick the best altcoin
Post by: Jpti on June 12, 2019, 06:12:01 AM
You already have the best coins, bitcoin and ethereum which will give you much profits over time as the market is growing and bitcoin and ethereum are also increasing in price. If you want to make investment in other coins, you may consider new coins which are hitting or about to hit the market. There are a lot of good new coins. Some of them is Sessia.


Title: Re: Factors to consider to pick the best altcoin
Post by: guoyu78 on June 12, 2019, 06:20:02 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
If they are new coins, the simple factor would have been for you research deeply on the project first and ensure they are proposing a working product, then you move down to the team to see if the team are qualified business men and women through their past experience, then also ensure that you invest in projects that has team who are transparent and not anonymous, but to really get any of these in new project now is had and if you have to invest, wait till after presale and monitor their progress first.

For now, the best way to secure a safe and proper investment would be for you to just go for alts that are already doing fine in the market, I mean you pick within the top 20 altcoins who are quite cheap and also has not reached their peak yet.


Title: Re: Factors to consider to pick the best altcoin
Post by: mammoniter on June 12, 2019, 06:47:25 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

I think the best way to identify a good altcoin is their performance in the market. Check their price fluctuations and see if they have potential. Next thing is to check their platform or project itself whether its functional and user friendly. You can also check their ranking in coinmarketcap. The most important thing is to invest an amount you can afford to lose


Title: Re: Factors to consider to pick the best altcoin
Post by: andika2018 on June 12, 2019, 06:48:42 AM
Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
If they are new coins, the simple factor would have been for you research deeply on the project first and ensure they are proposing a working product, then you move down to the team to see if the team are qualified business men and women through their past experience, then also ensure that you invest in projects that has team who are transparent and not anonymous, but to really get any of these in new project now is had and if you have to invest, wait till after presale and monitor their progress first.

For now, the best way to secure a safe and proper investment would be for you to just go for alts that are already doing fine in the market, I mean you pick within the top 20 altcoins who are quite cheap and also has not reached their peak yet.

Its hard to pick a good coin in market but its much easier if we choose from top 20 in coinmarketcap. There is more than 2000 altcoin and its impossible making research altcoin one by one. Better choose top altcoin with big transaction volume


Title: Re: Factors to consider to pick the best altcoin
Post by: Register13 on June 12, 2019, 07:14:35 AM
Ofcourse to pick the best altcoins for our investment, we have to make a good plan like reviewing our target alts. Becaise if dont make any plans studying this alts we are just making our time worthless. So to have the best alts like the dencoin tokens we have to make a review about the projects, and on how was it going to benefit us. So with this, we cam avoid being scammed especially this days that scammers are also fast in growing to trick people and steal their money.


Title: Re: Factors to consider to pick the best altcoin
Post by: trauchot on June 12, 2019, 07:27:41 AM
If you want to invest in cryptocurrency, then, if not to lose your money, you have to invest in the very top altcoins that rarely fail, so you need to wait for a suitable entry into the cryptocurrency market, best time of course when the market falls.


Title: Re: Factors to consider to pick the best altcoin
Post by: john alex young on June 12, 2019, 07:57:32 AM
If you hold BTC and ETH until now, it's very good especially BTC. That will make you receive a smile someday. The consideration that must be taken is consistency like ETH


Title: Re: Factors to consider to pick the best altcoin
Post by: RapTarX on June 12, 2019, 08:04:13 AM
If you hold BTC and ETH until now, it's very good especially BTC. That will make you receive a smile someday. The consideration that must be taken is consistency like ETH
Dude, read the whole thread and reply on topic. Just don't post for the sake of completing the weekly figure. My bad that I didn't lock the thread. Thread locked.