Bitcoin Forum

Altcoins investment is one of the integral part of cryptocurrency investment since the altcoin boom of 2017, so many altcoin projects have come up some are successful and are still available in the trading market while others are simply pumped and dumped and are no longer trading. This drive me to the conclusion that investing in altcoin is one of the most risky aspect in cryptocurrency investment, and many newbies and even experienced Crypto investors have fallen victim for some of the failed and scam alt-coins projects.

Now NFTs is the wave of the moment and this has prompted me to want to know what are the criteria a project most meet before considering it as a potential project that will guarantee a good return on investment in the long run.

your views are welcome and you can list out projects you feel are good for investment.

everyone has criteria and a favorite list of investment assets and trades done. it all depends on the investment or trade plan made.
for people who already have a favorite asset of course most of them are just waiting for the moment to buy and sell. not much analysis is done on the project.
but for new projects, of course, long-term thinking or just for trading should be done well.

currently, the new assets I manage to trade are PYR and BUNNY. I try to take profit every day, and I've been running it in the last 1 week.

The right choice is to invest most of your money in fundamental assets. If you are too lazy to invest in the projects of the Kusama and Polkadot ecosystem, then you can think about buying a Polkadot. I don't think that now is the best time, there may still be 1 price dump.
But for a long-term investment, this is a good project.

If you are going to invest on DeFi market you should take note that you should check wether there smart contract code has an audit a reliable audit company like Certik. Legit company do that and doxxed that is nearly not important if they got that one. There are some recently major crash on NFT game industry right and the main reason was most of the project don't have reliable audit which leads to FUD against anonymous team.

But if we are talking about the general altcoins here(not DeFi), I think a doxxed team and a good marketing plan will be enough to become comfortable to that coin.

Criteria for choosing altcoins is depends on a person who wants to invest. I mean everyone of us have our own criteria it in choosing altcoins to invest. Like for example, Coins must be listed at least top 20 in coinmarketcap, the project is productive and continuously developing, team members are active and the coins has a higher demand and volume.

I think so many altcoins that come from good to bad, so I think there will always be different opinions on this so in my opinion is Waves Ducks (EGG) being one of the best investments for now, and the product they are developing at the moment there has been a lot of interest with many ducks that can be raised and this can be a pretty good change in this case they have produced more rarities that have been developed so I'm more interested in it for now.
Maybe it's much better you can follow his telegram channel.

There are lots of things that can be used as criteria to choose which is the best altcoin to invest. That depends what kind of project that already put it in your list.
If that's related to the DEFI and audit to the code has become the main criteria
if that's related to the NFT based on game and play to earn mechanism will determine how interesting the game is.

Any field has its own criteria to determine whether it's a good project to invest  or not.

There is no creteria to invest in any altcoin, everyone has its own favourite list of altcoins in which they invest and trade , its all depend on you and your investment if you have your Favourite altcoins list which is already trading in market and want to invest in it then just wait for a good dip and right time to buy and invest and if you are looking for a new altcoin to invest then its depend on your knowledge and your researching, you must be a good researcher that how you choose a good altcoin to invest.

Yes. True as you say investing in altcoins is one of the riskiest aspects.
However, in order not to take a wrong step, it is necessary to pay attention first in choosing the right altcoin, so that the investment made has a strong foundation, not just following the euphoria. In fact, if you choose the wrong atcoin, as a result, you can fall into the practice of scams or fraud.
Doing independent research on the types of altcoins to buy and their prospects is one of the tips for choosing altcoins for trading.
Also, pay attention to the historical price chart of the coin. Also don't forget to look at the market cap and coin circulation in the trade.

I can only suggest to you how to find tokens for the short term, Just check out which project is launching new things and how many people are excited about that. If you will invest in that token at right time then I am sure you will get good profit when their new thing will be launched.

I think for things like this you have to do your own research because of course everyone must have their own criteria in choosing it because everyone's investment is different, the amount they want to invest is also different and the timeframe is definitely different, so it's very difficult if you ask the criteria to someone else because surely the answer will not be the same.
What is certain is that before investing, you have to see if the whole project is good or not, because now there are a lot of investments, especially in altcoins, which end up being trash and just a waste of money.
and regarding nft for now it's really hype but there are only a few that are good and now I'm liking Axie Infinity because apart from this benefit I also feel happy with the game system

If it's just about nft based projects, than it could be best for OP to make it in ways like short and long term based projects. For short term investing, anyone needs to understand hype of current market and P2E is the current one for that and many projects are going to launch their p2e games in the upcoming days. So best to select those nft projects which is about to launch with great partnership in this section or old one which will implement this.

For long term purposes, nothing is sure yet as NFT is on the early stage as of now. But OP can research on those projects which is doing great drops in current time and best partnership from any industries like music, sports or others. If any project seems to be a great one because of the partnership/drops, than go for it.  ;)

There are millions of people who want to increase their cryptocurrency investment portfolio by investing in the altcoins. However, a lot of people will still be confused about what type of altcoins to invest in. Everyone has their own favorite list of altcoins that they invest and trade in; however, it is challenging to understand all of them in a simple way and select the ones that will work for them.

My advice is to not invest a lot of money into a coin that has no active community, no marketing and no particular agenda. These coins won't provide you with anything of value, on the contrary, they will end up costing you a lot of money.

My position during bearish and bullish market sentiments is to be realistic about my expectations of coin I am investing into.  The signs are always there for a pump and dump coin, some coin will not last more than a quarter in year and you can always see the sign as well.  I will like to say not to ignore those signs and do your due diligence before you invest in any altcoin regardless of their promises

In my opinion, you should invest in bitcoin and some of the top coins on the exchange, rather than dumping your assets into other coins that you don't find any reference about it yourself.  if you start out using bitcoin and some other big coins then you are not too worried about the information, because the issue of bitcoin very quickly circulated widely.

yes you are right, besides that if you invest in Bitcoin, then of course it is safe to be used as a long-term investment and will definitely give you a lot of profit in the future, because every time the price of Bitcoin will definitely continue to increase, so by investing in Bitcoin at this time, then you will never regret it, because the time you spend to holding Bitcoin will pay off with you getting a lot of profit from investing in Bitcoin.

I would say you go with the new coin that is currently hype as they are probably gonna pump in the future, we can't deny that NFT is currently the hottest now but we will know if they'll survive once the hype is over. When investing, there should be for short term and long term, and they are manage separately.

It may waste a lot of your time when you are only investing in the major coin that has a very big valuation at this moment. There are bunch of potential coin. People should take a look at the criteria that will be used to determine that. Top coins were good but don't expect a huge profit from there,
OP must search for a new coin that has utilitu usage to get lots of benefits from his coin.

It is difficult to say which altcoin is better and its criteria for investment because you invest in cryptocurrencies depending on individual preferences and calculative risk-taking abilities, the most important thing is that you do your best research before choosing one.
and I still believe in the top and oldest altcoins to invest in, and for old coins can in a matter of years their value can still increase significantly and you can choose among some of the top and oldest altcoins according to your best research.

Despite the NFT of the moment i have only made little profits and most of my DFi and NFT coins in my portfolio are only on a recovery stage after a huge crash in price during the April bull run.

For the scam investments, we've been with them for so long and if you still don't know how to distinguish one then before investing, don't be shy to ask the community to what they think about the project that you're eyeing to invest with your hard earned money. You're just trying to be sure that it's going to worthy project at all because you're scared to be scammed. But even without asking the community about it, you can distinguish it on your own through researching about the basics of that project and you need to check each of the sides of the project from its team management, whitepaper and other sorts of inclusion for that project just to be sure.

My long-term investments are usually major altcoins in the top 20. I follow the trends in the market in my short-term investments, meme tokens had this in the past period. The same is things for nfts for now.

The major criteria i consider when analyzing altcoins for investing is the usability of the project. What a project offers the cryptocurrency community will always be the most important criteria in my opinion.
I also consider other things like the community acceptance, the project team and the exchanges they plan to list on.

Many projects will soon take that NFT opportunity because it's the new selling point as most of them can't boost their projects with their gibberish product. They love to see opportunities they can hop in.
There are many opportunities to get into good altcoins, taking advantage of trend is just part of it and you may be lucky and sometimes you may not because some hardly recover in some correct, though Axie infinity is doing well on this aspect.

value that build by developers team could be first thing we need to analize when meet new project in crypto market.  usually investors will looking token utility , tokenomics , road map that will achieve this year and also team background. Usually in crypto community there are alot investors or expert dedicated their time to share knowledge about project , so it could be second opinion when picking coins.

Some people have their own views and criteria in choosing an altcoin to invest in. Personally, before I decide to invest in altcoins, I will analyze the market first and choose a coin that I think is a good one to invest in. Whether it's for long-term or short-term investments, everything can be analyzed first in the crypto market. It's not an easy thing because here I am also still learning and continuing to learn so that I can get good coins to invest. The emergence of many new altcoins in the market makes investors have to be more careful and smart in choosing coins to invest.

most investors will go for ethereum at the moment because of it potential to rise after the hard fork, and also other NFT coins are making some good move in terms of price in the market today.

All crypto, altcoins or whatever it has a big and the same risk. No one guarantees your funds are safe, no one guarantees the price of the tokens or coins that you invest will be like now, anything can happen. For me investing is an absolute goal and ready to accept any kind of risk. If you are afraid of risk, it will shake your intention for long-term investment.

having those opinions will allow you to find important information about the project, it will help to solidify your decisions, most of the time forum members give inside updates and good basis with the projects that they already reviewed.

Never to rush your way into this business, remember that the money that you are using is very valuable and it's only you who can decide what project to invest, you should always have good sets of plans after reading every information that you need from the project that you are  eyeing to take part.

My criteria for choosing is based on how long these coins are already in the market. In the case of new ones, it depends on how I looked into that coin based on my own set of factors such as, how serious they are in developing the coin, steps made to promote the coin, use-case of a coin, hype.

Our criteria maybe not be fit for you as we have different ways of handling it so try to create your own factors for choosing the right altcoins for you.

Yes, I agree that don't rush. That's why in every investment, trades, and holdings that you choose, you need to take time before deciding. You should see what's the best decision that you can make from doing so. As it's money that we've worked hard for and you need to look and have the vision which is for the good of your money. Some have good insights but many will just put you into misleading information about their investments so that's why everyone is being warned to be careful with their choice.

no matter if we  have different set with another traders or investors, the only thing we need only research to coins that we will gonna pick.always do proper analize and dont ever trapped in hype only so trapped in trend not creating our own trend.
personally i am choose coins due its utility and potential ecosystem that builded by dev team. these factor could attract demand from investor.s

Everyone's favorite altcoin criteria are different. depending on the person looking for altcoins for what purpose? because there are altcoins that aim for the long term, get profits quickly, and also to hold.
based on these criteria in coinmarketcap there are many choices of coins that we can choose according to our wishes

There must be some criteria of choosing altcoins to invest in or certain trade.
Exactly, it is not about the hype coins to invest in because it may end soon. Hype coin may be good for trading but not for investing maybe. Additionally, the certain analysis must be done for example to know whether the project has strong fundamentals, a professional team, and another thing about their channel and its progress so far.

what you mentioned are the basic things that we really have to analyze to get to know a project. in addition, it will be easier to understand the quality of the project if many beneficial parties cooperate. yes, listing on a large trusted exchange as you said also gives a clue that the project is potential.
To analyze a project requires good experience, so if you don't have experience or are still unsure, you can try by looking at the analysis of investor accounts on Twitter. but the safest and least risk is to invest in altcoins that already exist in the market and have a good track record of development.

There are also many altcoins that can be held for a long time, and some can be used for short-term.
But if you buy meme coins, you must always pay attention to the market, and you don’t know what will happen to the market in the next second.
You can look at the details of the project before investing and check it from multiple exchanges. Now there are many scams, so we still need to be vigilant.
Don’t invest all your funds, don’t blindly follow the trend and invest,

No. Definitely you people are misguided by lots of myth. If you go for a survey to study how much ROI an average investor had made for a particular time frame between bitcoin investments and altcoin investments then definitely bitcoin investors must be leading in that study. So, even altcoins are seeming to support you to be rich in quick time, in long run you might be losing as there are lots of scam coins in the market and you may fail to filter them out.

In my opinion, just bitcoin investment will be more than enough for all of us. If you are ready to risk then you may go for up to 5% of your portfolio with all other coins and tokens. Otherwise, you may make good profits in one coin and may end up losing all your capital in some other.

Each person has a criterion that creates their own trust for their project.  In general, I would choose: Trends, scaling solutions/platforms/products.  Defi has cooled down, NfT is on the throne, especially I pay attention to current Nftgame such as AXS, YGG, Sand, PYR, VNLA... it is gradually gaining a strong foothold in today's online demand.  For the large scale solution trend, I'm taking a close look at Jax Network

Jax network looks a pretty interesting project, i heard that if it will be launched the main net soon. Jax could become the next blockchain project that can be used as a big bet.
This time jax is still running its ICO and it seems like it may need more time to complete the sale.
NFT and DEFI may become a game changer in the crypto.

more and more utility usecase has become the main reason to invest in the crypto

actually depends on the period of time you want to invest, if you want to invest in the short term, then investing in coin that are hype is the right choice, because you can get profit quickly, but of course it is very risky to be used as a long-term investment, therefore if you want investing in cryptocurrency for the long term, it is better for us to invest in cryptocurrency that have a useful product in the future, so that the price can increase very high and it is safe to be used as a long-term investment.

I believe long-term investing will be more profitable and less risky than short-term ones.
because without a good experience following the hype in the market it will be risky to lose our money.
many people have proven this way. without experience and skill never follow the hype.
just focus on the long term with assets like ETH and BNB.

JAX token sale progress looks good now , at first stage they sold all allocation and already met the softcap. team said JAX will build blockchain to resolve problem that so far occur in ethereum network. And time will tell the truth of their claim.

your analisys strategy very complete, never forget about trend so it will give us such profit. if we met project that have solution and good platform and its trending market maybe this is  be first choice for our invesment.

A few areas I think is necessary to look into before investing include the project's use case, partnerships they are involved in, Investment and reward structure as well as project's overall structure, their road maps and users reviews.

A project I recommend you look into for long term investment is Seascape Network. Seascape Network is a gaming platform built around the DeFi and NFT economy. Through several strategic partnerships, seascape has successfully widened its investment base. Currently one can stake, farm, play games, purchase NFTs, mine etc all in a bid to earn passively. You could have a look at it.

The POS concept was eliminating the inflation and i rarely heard that POS coin that has unlimited supply. Remember the rule of demand and supply. If we are seeing based on such formula and then when it has limitation on its supply and that means if the project can recover again.
We have seen so many POS coins were growing so much. I thought that POS will always have opportunity to make another recovery again.

The criteria of investing in NFT projects are still same with other projects and it all starts from what you know about the project; what you know about a project goes further into knowing their team, products and services (if any) and so on. So by removing hype, or paying no attention to hype, one can be able to know a great deal about a project.
About the potential of a project, means knowing what the team has worked on already, and which is why most people always wait till a project gets listed watch the team's expertise towards the project before buying.
Therefore I would say, if you find it hard investing in a new startup NFT project due to the team not looking good to you, you can pay attention to those already listed.
Apart from NFT projects, there are still good projects out there like staking tokens such as CAKE.

Hype, It seems that altcoins will provide many ideas and developments in crypto technology in the future.
Good projects have clear goals and the team is working well according to the roadmap, but some new projects nowadays are difficult to research because some projects have anonymous teams but the price of the coin is rising with a good market cap, research before investing and look for it projects that have real products, then we can choose some new portfolios for investment, don't invest all your money in crypto because there is no guarantee for profit if you don't have experience and patience.

Had fallen and still falling down to such traps continuously which must be an aspect to be addressed immediately so that good projects will find means to survive and investors will remain confident about crypto investments. Even failed projects are just part of every environment, we should find initiative to stop well-planned-scams so that new investors will not lose their hard earned money. Honestly I never prefer to invest into any new things so that I guess I am staying secured even I prefer diversifying my portfolio with some altcoin investments.

My practical suggestion to all the new and existing investors of crypto space, we should never be in hurry to invest in new projects. We must take time to analyse the consistency and performance of a project and then we may go for investing; this way I believe we can at least eliminate the 50% risks of investing in altcoins.

It's only happening with the NFT art but when you are seeing it from another view and then it will be very profitable. Did you see that how so many people got a big profit from AXS? NFT has various implementations and art is not the only way for the implementation of NFT
NFT game can become the best choice right now. The bullish trend that happened with bitcoin and another major coin was giving huge pressure on the NFT tokens.
The criteria must be relative.

I think being a forex trader has helped me over the years, cause some of the strategies I used what trading forex has helped me to understand chart of these altcoins. They doesn't necessarily be he determinant factors, but they have played a major role too. When you want to invest in any coin, you are expected to do some research on the coin before you put money on it. Why the reason for the coin and the team behind it. Who the investors are too. These things are very important.

Your approach seems completely different from what usually people do here with altcoins. But, I just wonder that you must be an expert in technical analysis which might have helped you to make investment decisions out of trading charts. I agree it is possible at least for short term investments (short term investment is a long term trading ;)).

There are lots of other similar factors that we need to analyze before making any financial decision with altcoins but in my opinion those are not enough for not getting deceived. But, your approach of going by charts may help you certainly.

you are wrong. In fact, new projects, especially NFT, which are currently popular in the market, will require special skills. this requires something more detailed regarding skills and experience in selecting projects. Don't get caught up in a bad project.
Remember, when there is a new trend in the market, scammers will gather there.

Meme coins are considered losers who want to revive from the ashes, and bitcoin opened the door to hell to help the coin meme get out of the depths of the earth, positivity is back but because they are defeated soldiers, they have aspirations but our criteria should not be on them, one failure proved their ability is not enough. Some old and big altcoins are a more specific criterion then will come to NFT, they are adding a lot of manpower to the online game segment but terrorists like such crowds and events

Scammers are everywhere, there's no exemptions as they are always present when possible money-making is present. NFT is a new trend and scammers are well aware of this hypes.

You need to keep doing your DYOR before you invest your hard-earned money, if it's something to good to be true better to take time,

Don't rush it out, if it's for real there's enough time to ride with it, check and balance all the information before you decide what path you'll going to push forward.

I totally agree with what you said, that investing in altcoins is quite risky for anyone nowadays. However, there are some altcoins that have had good movements in the market, although this situation did not last long.

Currently, NFT is a good long-term project according to the analysis of many people, usually the criteria for the project have a good bargaining value and are almost the same as the project initiated by NFT at this time.

I think we need the right analysis to encourage us to invest now, both in altcoins and NFTs. This analysis is very necessary to find out how far the project and NFT can grow well for now and in the future.

Investing for me, means buy coins and hold it for long time. Maybe not days or weeks. So what is my criteria is coins which maybe wouldn't delisted from market for long time. And maybe good community so the coin not left by users and will keep to have big volume market. BTC or BNB or maybe some for ETH now that i will pick if must made "investment" in crypto.

The criteria of each person will certainly be different in the trading activities they do, and there will definitely be a list of favorite assets in their wallet, it will be different for each person because it returns to the purpose and design of the investment strategy made. For those who already have a list of their favorite assets, they are definitely just waiting for the right time to buy and sell, and usually includes coins that have been in the market for a long time so there is no need to do too much research, but for new coins, good research is needed starting from trading volume to total inventory, for now I myself have several favorite assets, namely BNB for the long term and PYR for the short term.