Bitcoin Forum

I've been around for a while so my tactic has varied a lot. I have choosen my coins and tokens by the fact they have:

Real world use case: When i came in i was told buy coins with actual real world use case. I tried to find those but so far i haven't found any real world adoption for anything other than permissionless transfer of wealth that's been done with bitcoin from the start. Maybe some smart contracts can be useful but they have not been adopted in any significant scale. There's potential in many of them, but most of them are now going to be adopted ever. And even their devs know this, yet they can't really say it as they want to sell their snake oil. I a still looking for even one that might be adopted.

Good tokenomics: This i am still using as a reason to buy. Issuance rate needs to be sustainable, and distribution needs to be wide and fair. Marketcap needs to be low enough if we are not talking about the coins that already have the necessary net effect to attract developers and keep on growing more.

Team: I find this most important, without good team that knows their stuff you are destined to fail. In ideal case i choose professionals that are transparent and know what they are doing. They have coders in lead, their own legal team, and regular amas. Needless to say that i want everyone doxxed. So far every coin or token with anon devs that i have bought have vanished.

Right size marketcap: Most money i have made in this game is by finding suitable microcaps, like under $100k. If conditions are right, they can something like to 500k and above really fast, and i can take like 70% of my investment out potentially very fast. Rest of them stay for moonshot. But as a disclaimer i would like to say that while microcaps have have technically most room to grow, they also have highest changes of being rug pulls or slow rug pulls.

Trusting a tip from a friend: For some weird reason my newb friends have found some gems. They don't even necessary understand what marketcap means or how to do research. They might have bought because they liked the name. I see no reason buying them but they are making a killng with them. These days i throw some money on what ever they say. That might not be smart but i might as well.

Aping in to just tokens that has just been released: By doing this i don't have even the time to do decent research. I try to look everything as fast as i can and hope for the best. With this tactic i have found my best micro caps. I have also been bought into some instant rug pulls.

A good tokenomics and a good team is a good combo. A team that can manage a project for a long time and a sustainable token growth. One thing I'm also finding on a project is the what kind of project it is and what kind of product are they aiming to make. A good product is one factor that can make a project relevant to the market, as long as the product is inline with the trend, I'm pretty positive that the token value of that token will rise and project will have a massive growth. So far the biggest consideration I'm giving on a project is the project product as I want my next potential altcoin to be suited on future trends.

What kind of project do you think would be relevant to the market right now so that it wouldn't have to compete with 10 other platforms that already exist, and trying to fight over it? And how could this new project could have an edge to fight the old dogs in terms of adoption?

What do you think the future trends will be?

Tbh, what kind of real use case that owned by crypto? I see nothing for sure but it's only mainly become a way to transacting your money to others. Almost all of crypto have no real use case.

Im always using these metrics before try to pick a coin

- Backers
- Tokenomic
- Smartcontract
- Identity from the team (I guess if the project has good backers and the team has already doxxed)

That's enough for me to determine whether that has big potential for the future or not.

Yes I can vouch for the marketcap factor. I mean it’s always beneficial when you choose a coin whose marketcap is high. In this manner it proves that the coin is pretty popular among the masses, and more people have known about it. Big marketcap also defines that the volume that is traded for the coin in many exchanges and it is a good signal that the coin has scope to rise in the future. Moreover if the coin has a good core team or popular celebrities supporting the altcoin, then definitely you can add it into the bag.

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

You may be a fan of memecoin, even though memecoin can provide more benefits than other coins. But the risk will also be greater.
if you are late for the party of course you will not chase it, you just have to wait if that's possible. Most memecoins nowadays will end up being a scam. After $PEPE's success, many new memecoins emerged from all Blockchain Platforms and in the end they disappeared one by one and deceived many people. Doing detailed research is very necessary, not just waiting to be registered with CEX. Fraudsters will not do that, if their bag is full they will run away without a trace.

You have a very interesting approach to choosing your coins and tokens. I agree that real world use case, good tokenomics, team and marketcap are important factors to consider. However, I would be careful about trusting tips from friends or aping into new tokens without doing proper research. You might get lucky sometimes, but you also risk losing a lot of money or falling for scams.

I have been watching Memecoin news for a long time now, and investors think that Memecoin can offer more benefits than other coins.Don't know how true this is, as I don't have much faith in altcoin.  I think you should be careful before investing in altcoin, never invest in altcoin without good analysis or research.  But it is true that Alta Coin gives good returns, but the risk of losing assets is also high.I always select Ethereum and BNB as investments, these coins are very low risk among the altcoins.

Yes, maybe a good supply, not into the billions, will be a good gauge. Right now if you look at the top 20 or even top 50, there are projects that have limited supply hence the price is too good right now.

Don't like meme coins though, it's that when we here about them, majority of us are late already, but if you want to take risk, then buy it and then HODL till the next break out run that might not happen though.

In any case, supply, the people behind, good tokenomics and use case are some of the factors that I look when choosing altcoins.

For me, an altcoin project is one that includes criteria such as a good team, backers, a reasonable token price, and a strong community. Those are the criteria by which I always look for altcoin projects. In addition, it is also necessary to learn more about the product technology they are aiming for. As well as whether their products are in line with current trends or, in the next few years, will be breakthroughs in some way. So although there are many altcoin projects with many interesting ideas, if the above criteria are not met, I will remove them from my investment list.

I think this way most of the time. One of the first things I look at is market value. This value can tell us many things. It also shows that you have exceeded a certain confidence limit. In addition to these, it is also important which teams are working for the coin and the work they have done in the past. The main factor for me is the trust factor.

This way I can add coins to my cart, but sometimes I like to take risks. There are times when I add the coin to my cart without any team researching it and even if the market value is very low. This is somewhat up to you.

Sorry, What knowledge is a smart contract to give you? In my opinion, this is not the main criterion to find trust in altcoin in the initial stage of a project starting. I analyse it every time on an idea. If the token is a part of a good startup, maybe it will a good future, and maybe I will receive some profit in this case.

Have to consider everything if its a new project and usually, I don’t have any plan to hold them longer because I know the hype only last on the early stage of the project and they will dump as soon as its over.

Old altcoins are more easy to analyze as they already have the past price trend, so if you are into top altcoins then better to analyze its trend and their future plan for updates.

I guess the above-mentioned coins were bought out of speculation and not on valid analysis as most of them have records of crashes in the past and could easily be a term as pump-and-dump projects that doesn't have any long-term viability, just like ops mentioned about taking note of user case but most of the meme coins have no use case not solving any real-life problem makes the coin to become unattractive to investors and that could possibly trigger the coin to be easily pump or dumped by it, big bag holders.

Altcoin has a high risk of not meeting up to market standards and at that it should be taken only as a gamble, and none should be trusted for long-term investment plans.

For 99 percent of the people you are thinking too far into it.  Most people are in alts for quick gains.  So most just ride the tide and see what's hot for that week/month etc.  Very few people hold alts long term.  And for that instance it would be project engagement and validity to theor business model.  Is the coin needed for the project to succeed?  Things like that have to be a consideration.

This is very important when I look for an investment especially if we are goal is for the long term as this will be our basis if that particular project will able to stay in the market or turn to shitcoins. I'd see that many people make a mistake in choosing coins, they usually got fallen into scams due to a lack of research.
This will also matter to me as well as this has an impact on its price. A huge marketcap projects doesn't grow up compared to a small marketcap.
But still, this won't gives us 100% assurance, nevertheless, at least we have some chance of not wasting our time, effort, and money.

Meme token are very risky as it moves because of the hype, you really have to be careful dealing with those meme tokens. I prefer the top altcoins for long term holding, it is more convenient and safe for me because their value continues to increase over time. Choosing the project is not easy, you must have your own analysis over that project, don’t just believe on any hype easily, investing is very risky once you didn’t make your own research.

The only time I chose meme coil is when I want to gamble and have some money to risk if not when it comes to rereallyong time investments,  I don't consider meme coins to be a good option since you can lose everything within seconds. Because of that risk I only invest in a few altcoins that I know them to high long time tracked history.

I still own some alts but I've decided not to look after another and a new one. Whatever I've got and if I want to invest in, I'll just add more to my stash with its quantity as it saves me time. Before it was all about the credibility of the project that makes me want to look after them and I've stuck to that and choose to get into projects that have already built their reputation and that's what I trusted them most. I don't get any help to any friends of mine, they're even worse than me at picking.

I really don't understand what low supply has anything to do with gains. Supply doesn't really matter, what matter is the issuance rate and marketcap.

I am not sure what your news sources are if they say that about meme coins but that's just strange. Just because something happened in the past doesn't mean the copy meme coins would be successful. In fact i am pretty sure at this phase they are doomed to fail as they aren't the real thing.

just see whether the demand for the coin is high by seeing their discord community, you see recenlty succesful altcoin sui, they are really good for investment if you happen to get the raffle they held.
but if it's already existing coin and listed ones, i'd look for the ones that is already losing huge amount of its valuation yet still maintain good trading volume, that way i could invest with good entry and not worry about it getting delisted.

Real world use case and a good team with transparency is an advantage and this would make the altcoins price hike in the near future, if the altcoin has a good use case and many people use it there is a big possibility that the price will become double in the future because many people will buy and use it  and the supply will become short so it will surely rise.

I don't agree with all the points done by the OP. Specially listening to friends for profitable coins and jumping into new coins that are launched.

One should do their own research and trust their own judgement before inverting. Then once the project crashes you know whom to blame and then only you will learn your lesson. Similarly don't go with the newly launched projects unless you are looking for the quick gains and flash trades, if you are up for it. If you are looking for long term altcoins, give them at least 2y observation period before buying in.

In short, altcoins are less likely to give you stable income in long term than bitcoin.

The important thing is that you have to analyze and find as much information as possible to find the right altcoin to invest in. Usually, I'm not really looking for new coins that I want to invest in but I just checked some old coins and looked for other info and I think that's enough for me to choose the altcoin. And I rarely invest in new coins or tokens because that doesn't guarantee profit. But if I see any news encouraging a new project to develop, maybe I can decide to buy the coin or token and keep it. But I don't want to hold on to it too long and sell it immediately when the price increases.

Well, the best thing to do is not rush into investing but rather and must spend more time doing research. I agree that those points seem to give us an idea of which project is good for investment but we should not also be confident that it all be safe, especially for new projects.
Their market performance is the metric that I use to assess a particular project. Seeing them improve and fewer corrections during the market crisis, it is likely to tell us that this project will survive and has the huge potential to grow year from now.

I think when a project reaches all of those, it is rarely a project that is new and the price is already established most of the time. So that means it is going to be a smart move to do that for top 10 or at worst top 15 projects and most of them are already at their peak so you need to find one that also has scalability so that it can continue to go up. Like for example I do see that Avax is a magnificent project, it is really great, everything about it is great but also I see that as not going to grow any bigger neither, that's an important point.

I believe that we should not be focusing on anything at all, I end up thinking that the best thing to talk about is the way we can move forward and that is going to end up being the point for me, just find something that has a future.

From your response, I judge that you're an investor with a conservative style, the most important thing is about credibility and rather than looking for other alts, it's better to add to the accumulation of the alts you already have.

I also have this style in alts selection, but is credibility everything? We've seen several projects that had very good credibility but in the end they ($LUNA & $FTT) also disappointed. For me for now, credibility isn't everything, choose a project that's riding the wave, then you will benefit, that's all.

Sometimes the team doesn't defines the success of a project, I have seen projects back then early 2017 that came up with cool concept and with good team who were working tirelessly to make sure everything are being put to front, also with adequate protections in terms of security aspect.
But actually the project didn't survive why?

Because they couldn't raised the required funds during their ICO's and tell me if then someone choose to venture into their project don't you think that is a waste of resources?
And then there were lots of scammer who internationally want to scammer people with their hand ear money, what I actually sense from project that would be successful is that if the team are self funded and already made at this they won't purely depends on their sales to raise funds to further develop the project rather looking on their funds after which they got listed.

Newly launched projects on the market are very risky so I always wait about 1 year or two before buying. However I always look at the usefulness of the coins, the team, and very often in which exchange they are listed.

Sometimes you never think and even waste your time for them monitoring their progress because many of them are already dead just a few weeks after launching. You'd be better to monitor the old projects that have been use-cased already and make a plan to invest in these coins are literally will give you a fortune.
AND must also consider some of these things,
 - popularity ( not just hype but also people see this project as it was been playing a big role like ETH and Polygon)
 - exchanges where it was listed ( top exchanges)
 - price ( growing)

If you want to buy any Altcoin, I check the following points:
1) supply;
2) tokenomics;
3) perspective of the idea;
4) on which blockchain the token is starting;
5) listing on which platforms is planned or is already taking place.
I think this is for the initial assessment to buy or not buy enough. Further, a deeper analysis can be carried out. And so, in general, if a man has a good investment portfolio, then he can buy new Altcoins for $50-100 through one or two projects...). Somewhere, but he will be lucky!

Market volume, token supply, and popularity. These are the factors I am checking when looking for a coin I could make profit of. These factors won't guarantee profit but atleast it would lessen the risk of losing big time unlike with investing to some random coins wherein prices would change in every minute. Likewise with projects; whether to buy on pre-sale or not, depends on the platform they are making. If it has potential then it would be worthy of investing.

A good strategy I guess but if you're too conscious of big win, then this won't probably work. Profit would start the moment a coin is introduce to the public but determining whether its price would continuously increse over years, would be hard.

The first and only tool i used to search for the best altcoin to speculate for short tern goals is to do proper market research and analysis of the market and this is what determines my level of interest to speculate and working on considering whether or not the coin is a good coin to invest in knowing full well the risk associated with altcoin investments.

I think that's the problem, the main problem is to have a team to begin with. Investors like that for some reason but we shouldn't rely on a few people to make money, teams mean exactly that, we rely on that team to make money but we shouldn't and that's a terrible idea.

I personally believe that the best thing to do in this case is to make sure that it goes the right way and we do not face with anything that will hurt the bitcoin market, and thinking that some teams could develop something that will go up is one of those things, we shouldn't be doing that at all and we should be looking at different angles of this instead. I hope that it goes well, and they make money but I won't be giving them my money to build it, let them do it and if it's good I will buy some.

Before I invest my money in a new alt-coins that just listed in coinmarketcap or coin gecko, I make a research of the team behind the project, and check the smart contract, and also the road map, finally whitepepper and the website of the project also matter, if the project look unique or not, in other words, for less risk investment is to buy Coin that has already established in cryptocurrency market.

 - market performance
 - exchanges where it was listed
 - has use-case

All of these things are enough to say if that project is worth investing or not. Might most of us have the same criteria but it's up to you OP if you dare to follow it because, at the end of the day, you are the one who decides. And of course, you can't blame other people for whatever happens in your investment. I suggest that you take the courage, no risk = no gain...

Your approach to choosing coins and tokens has its own characteristics, and you share the reasons why you make your investment decisions. It is important to remember that every investor has their own strategy and asset selection criteria.
However, it is worth noting that investing in little-known projects with a small market capitalization and a dubious team carries a high level of risk. As you rightly mentioned, carpet pull and scams are common issues in projects like this. Therefore, it is important to be careful and carry out your research, even if you rely on the advice of friends.

I think that waiting 2 years to buy altcoins does not work, because altcoins do not depend on the time elapsed, they will not get better, altcoins need to be checked to draw conclusions in price, find general information about the project, what are their plans, if the project is promising, then altcoin in price will grow

in determining which altcoin I will invest in, I always look for altcoins with a unique and up-to-date utility basis, it is indeed quite risky because new ideas are usually difficult to accept, but if successful then the altcoin will be very expensive

I personally believe that we can't really end up with strict situation like "if x is this then I end up with investing". It can be for all kinds of investment and that's how I end up with getting anything, I just do whatever we do and that's how I approach to this. I get that there are people who will do whatever we can, and that should be something more strict for those people and they end up with like fixating on that, but I personally believe that the best thing for me is to just take  the situation at hand based on the data I have and just adjust myself based on that. I get that its not going to be easy to handle for many, but I will do whatever I can personally just dynamic and not fixed, that's how I approach. Doesn't mean all should do that, but I will do that myself.

I couldn't find this would be one way of choosing altcoins. My bad experience in the past due to a recommendation from a friend makes me think that trusting is somewhat difficult this time. I lost my hard-earn money because I assumed that trusting a close friend could assure also that I was safe but not knowing he is also a part of the scammers.
That is exactly what I would say if we have to invest in any form of investment, especially in crypto must be done with research first. We can decline an offer from our friend or to any person if it is necessary.

Many of the successful projects have taken some time before establishing themselves certain if you find a project and you are convinced that the value of coins grow over time you can buy them.... I personally after many mistakes and loss of money prefer to wait, sometimes patience pays off....

Agreed, that's pretty much the same like when ethereum was skyrocketing after bitcoin gets bullish due to the decrease of block reward. As long as the development is still active and the project won't die. Ethereum has proven that how many people were missing it during the ico time. The wait paid off for all of old holders caused by they have become millionaires. The most important thing to pick the legit coin.

This is very risky especially if you didn't do any research. Like your only basis is "just been released". This is gambling.
But I know a lot of people are making huge money by just doing this.

The list on top is better, especially the real-world use case and good tokenomics. You must always do research first and know everything before you put your money because in the long run, you will be profitable by just doing that.

And those are the better projects and altcoins these days. Those that have been tested over time and became popular because of how they've gone through it.
These days, too many projects have become popular because of the hype, and after that, they're no longer popular. But the older projects that have been tested overtime, they're still in the market and most of them are still operating. They've managed to be built not because of hype but because of how good they are together with the devs and the community that it has built.

Good team, original content. Real-life use case of the developed project. The team's roadmap and goals are all very important. My approach to an altcoin project is not one-sided. I usually prefer to invest by looking at all the details you mentioned. It seems more correct to evaluate it as a whole rather than a few factors. Of course, even if you are completely sure, there are many risks, so you have to make the final decision yourself

I first go to Coinmarketcap or Coingecko to check the watchlist. This helps me determine how many people are interested in or holding that specific coin. Then, I consider the team and community of the coin, as well as the trading volume. These are the four factors I always assess before purchasing any coin.

it has little fomo or time before they go up, but in this case it goes up very high and goes down very quickly therefore it is not recommended to hold this coin for a long time to avoid that.

We should now of the altcoin which wants to buy such Project Fundamentals Assess the project's whitepaper, roadmap, and overall vision. Understand the problem it aims to solve and how it differentiates itself from competitors. Look for projects with clear goals, strong development teams, and a solid execution plan for to create technology and Innovation. Always DYOR to choice of altcoin and think about it for long term. Whic is don't invest your money on meme coin Except doge coin due to that's coin have elon musk who always support doge coin

A project that has a good team and a good vision and they do almost everything perfectly and on time would barely become unsuccessful unless they have low-level marketing and don't know or work on how it should spread the word about its project and the products, otherwise, if everything is on its place, the project should get the funding it deserves if marketing is done correctly.

That is why it is also important to always see how a project is represented on social media or other marketing places like this forum, if you see them being good at it, believe that it will be a success if all other things are okay with the project.

You don't have to agree with me, tactics i've tried are not advices. And i don't agree with you :). I don't see it as simple as staying in bitcoin. But it's a free world and i am not judging anyone, no matter are they into centralized altcoins, bitcoins, meme coins or matured altcoins.

What blockchains you prefer? And what if it has their own brand new blockchain?

Any of my tactics are not an advice, i was just stating what i do. At this market space i wouldn't recommend any of my solutions to others. It's more like combination of experience and pure luck.

Perhaps, that was part of the research and it serves as our metric tool to determine the potentiality of the project and as long as it meets our criteria, that particular is good for investment. So it is not a problem with the market if someone falls into shitcoins or scam projects but rather blames themselves for being too lazy not to do that. We can't just simply think that investing is so easy because we have to spend time and effort as this is the medium to our success and to avoid from investing in wrong projects.

if it's smart contract project, just see how they truly stay true with their visions, see whether their ecosystem is growing and there are many smart contract deployed, that way you will know the actualy growth of these coins in general and see whether they are fit to invests.

Did you know how hard for a project to create something new? It's not always become a mandatory to create a new thing in the crypto ecosystem. The trusted and reputable developers are in more demand rather than a project that was only giving false hope for its supporters.
In my opinion that if roadmap was not effective to determine where the project will be going on. May you tell me which real life use case that has been developed in crypto so far?

Bitcoin!? :D

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Answer to the title, I try to buy coin/token with vibrant community. In my experience, as long as coin/token has this one thing, only so far it has worth. Community automatically brings credibility, trust and value to the project. You fail the community, and you doom the project.

Observe any prominent cryptocurrency, you will find this statement to be true.

I am a long term Investor. And I have used all the tactics you have given me. But as someone who likes to hold for the long term an effective tactic in my opinion is to buy and run. Do a little research about the coin you want. Look at their trading volume and ranking on CMC. If it's good, give them a few hundred dollars or so. I have been doing this for years and I see it is quite effective for me. ;D

I go by utility. It has to solve a real world usecase, like XRP with cross border transfers or XLM with Moneygram, or Q Blockchain with voting.

I would not rely much on ranking on platforms like CMC or coingecko. Altcoins position can easily be manipulated, specially at a day when trades started. Look at PEPE (https://www.coingecko.com/en/coins/pepe) for example. On first looks it is a good altcoin for investment, its has a nice trading volume, is in first hundred among all altcoins. But its price will never double again by itself. It will only change when whole market changes. Buying such altcoin will be equal to freezing money for ages and getting nothing (or less than possible could if invested in different altcoin).

Marketing as you said is good though, but other thing that may hold them could be their concepts, a project with good usecase and concepts always became successful if they are self funded and no matter what it takes definitely they must be succeed.

Forum here also help to give more visibility to the project but I as know there are many people who are die hard to bitcoin and wouldn't care paying attention to altcoin that much all less it was for a pump and dump token, which I believe few always invest for a short time and to make quick profits from the project. While most projects sometimes is from the manager who launched the campaign, if they uses a very influential manager it would bring advantage to their progress than just using a non reputable manager.

It makes it wrong about looking for coins that do not have a lot of supply, tai in the micin coin is indeed different cases, even with a supply of hundreds of billions can be thousands/millions of times the increase due to a relative pump only at certain moments. In this case the coin pepe, shib and doge are very difficult to be identified before whether it has profit or not when I want to decide to make a purchase before hype, and in fact not, I did not make a purchase, and finally I had enough regret in 2021. Then I tried it in Other tokens such as Babydoge, Dogezilla, Zinu and others but I have no profit and eventually only become a pile of numbers in my wallet without having a price.

Yes we agree, 2 years is actually a long time to wait for confirmation from a newly launched Altcoin, to be honest we can know the level of efficiency of the altcoin through the early stages of the project team, and if the team behind it is good, we think the altcoin will value well and will slowly rise.

This is not necessary at all. In most cases, it makes absolutely no difference for the token to give a great return to its investor. The PEPE example proves this statement perfectly. The most important thing is to consider the narratives and what kind of hype is around right now regarding the coin's category. The same TRON has a strong fundamental and useful utilitarian properties. Except that it hasn't updated its ATH in the last 5.5 years.

I am strongly starting to agree on this. Although i didn't see tron having strong fundamentals. Imho it was like a centralized  (https://www.financemagnates.com/cryptocurrency/news/tron-is-a-highly-centralized-project-ex-cto-says/)lego version of Ethereum. Something to play with but it would have crashed to scaling too. Sure, it was fast, but so would be eth with less users.

Still hope that some crypto tech will get breaktrough adoption and not just hype. I am uncertain what it would be. Most likely tech still needs development for it and some cutting edge new solutions.

I believe it's essential for us to conduct research on numerous coins that raised funds during the previous cycle and are still active, as they aim to enter the market in the near future. Some of these projects have successfully raised a significant amount of funds and demonstrate solid potential. I think the risk can be reasonably managed if we make small investments and there are opportunities for listing. I can recommend a few like Gaimin, Ego paysenger, Ethernity cloud etc

If it's a project I'm willing to hold for years I will read the white paper, look at their dev team, roadmap, historical price action before buying.
I also look at coins with promising tech and a strong community. I mostly invest in alts that I find interesting.

I agree with other points you just mentioned, but the team members part, In my own opinion I might not totally depend on team members, I have seen projects that have A team members and they mess things up and as well i have seen team with no known team members and they are making great waves.
For me I will rather look at people backing the project, example if a well known crypto investment firm puts money into a project, I will appreciate it more than the A team members

As for me, I am taking my time before I even put some money on certain altcoins because most of what they are saying, in the beginning, is sometimes copied from the other successful altcoins right there. In this case, you need to be familiar with the originality and their updates in order to know if the others are just copying their method or just lying about their developments. After I found something unique on their whitepapers and witnessed that they were honest with it, also they are constantly updating their product I'm gonna consider buying a decent amount of that altcoin.

The question here is more about the parameters you take or how you conduct your own research before choosing a coin to invest upon, just as we all know that there are many ways we can conduct our own personal research while ensuring that we beat down the risk level to the least and bearest minimum of possibilities before we go for one, we must ensure that we make adequate consultation on any coin before investing on them in other for us not to risk loosing our asset of investment in those coins we've chosen, we shouldn't hold as well for too long.

That's right @yazher as you say. We also have the same task as the developers in providing an overview of the project's performance in terms of choosing and investing. because we risk money and time for the success of their projects even though there are implied benefits in their future projects after we invest.

But at the same time TRON has a wide spread in the crypto community, and its blockchain is very popular among those who are engaged in USDT transfer, because the TRC-20 transfer fee is much lower than the ERC-20. All major exchanges support this blockchain. Despite this, TRON in no way can storm its ATH, behaves like XRP.

It's obviously too risky to invest in projects that are just released, especially if you have not researched and analyzed them well. We all know that some of the newly launched projects do manage to get them together and come out as good projects after some time, but most of them fail miserably since they don't have a proper plan for their projects.

A lot of teams only come up with a short-term plan of releasing a project, running an ICO or a token sale to gain funds, and then vanish from the scene without letting anyone know, the investors of such projects regret it later for why they wasted their money on it.

When I want to invest in a certain project, I first see how it works, how the team works, how the tokenomics work, the roadmap works,  etc. Although I may not be able to remember it, at least I can remember some important information about the project that I want to invest in. Moreover, compare this project with similar projects to consider its network potential. So what are their strengths, and whether it's the next trend or not, will be the key to my investing in certain projects? Be careful when working and investing in this market.

Investment approaches can vary from person to person, and you will choose a strategy that suits your risk tolerance, investment goals, and personal preferences. There is volatility and rapid change in value when navigating the cryptocurrency market, so people like and care about it. However, the risk is there, and choosing the thousands of coins out there that match your financial requirements can be quite a challenge. So how you approach it will allow you to make more informed decisions in the ever-changing crypto market.

Correct me if i am wrong but i think it's cheaper or at least as cheap to send usdt via polygon or bep20 network. You don't need to use erc20 for that. Or at least i haven't used erc20 or trc20 for usdt for a long time as there has been no need for it. But as we are speaking of pennies anyway, it wouldn't even matter if i had to use $1 or $0.20 for tx.

But i agree that Tron must have a big community. All the big coins have.

I don't understand what you are saying. How were those team members any good if they messed things up? I guess it depends what you are looking at in the project. If it's only growth you are after
you might sleep better knowing that the project is on the strong fundamentals and doesn't rug you overnight. Strong team doesn't equal price growth but i have way more respect for actual geniuses then some marketing team selling snake oil.

there are many various methods of determining good coin out there but I always considers the coin that i invested to have some good demands.
it's important to see whether the community revolving the project is large.

Since I am not an investor for new projects, I will choose crypto from Coin market Cap or CoinGecko. Those that are at least in the top altcoins, have good fundamentals and real use cases, listings on several top exchanges, active groups, and of course have a good reputation and there is a possibility for the coin to be accepted in the future. But this will definitely be risky because no one can guarantee that the altcoin will be safe and will go to the next ATH. Therefore, only invest a little in altcoins. If it's related to new projects, I personally won't dare to do it easily. especially if it's hype.

Most of my investments are in big altcoins like ETH and BNB, I do this because I know that investing in these altcoins is the safest investment.
I'm not just looking for an investment with great returns because after the events of FTX and LUNA it made me realize that safest also comes first. but I also invest in several new projects that I think have potential such as APT, SUI, and ARB. I say potential because this project has large investors and large funds raised.

just choose some altcoin that have been corrected massively yet still having quite high trading volume.
these kinds of altcoin is usually having better chance of bouncing back and make some recovery, that's when the chance arrive that you could flip your money and make some real profits.
and choosing such altcoin usually is easy.

I do between 2-5 hours of research on an asset before i buy or short it.
I used to spend more but i have what I'm looking for narrowed down a bit more than i did earlier in my crypto adventure.
Lots of focused reading and explorer-diving. I'm most concerned with how distributed supply is, the team behind the project and it's use cases.

I buy altcoins usually do an analysis first to determine the buying area. of course support is a reference for purchases. the support that occurs will be different in each time frame, so the larger the time frame, the less often we will find support, therefore an eye foresight is necessary. afterwards I'll split up a few PO at each support, and leave them untouched. sometimes only one or two PO are touched, but at least we will be calmer if up to 3 PO are touched

The way I feel, some of the criteria we know to be viewed as opportunities to start buying are the same way we console ourselves with the knowledge that we are putting our trust in the right place. It's a fact that I've come to realize that long-term trust in an altcoin in this environment is often reserved for the few, and we are most likely to be swayed by the emotions of the crowd, the movement from direction in the market accompanied by hype, people's fomo can almost beat every criterion of stance that we have ever experienced. That's why I see that in the investment environment it's completely harsh. Only when you achieve your goals and have a good source of capital, I believe many people will grow a lot in the journey to continue looking for other opportunities for themselves.

It is enough to choose large-cap altcoins, the price of which has fallen below 85% of the ATH, and the project should be able to pay a fine from the regulator if the coin is recognized as a security. Small projects will not survive such regulation.
I posted my opinion in a separate thread.
https://bitcointalk.org/index.php?topic=5453984.msg62299857#msg62299857

Ok, how often you recheck your reseach as market conditions can change? And i am assuming that you are trading on very low frequency?

And since there are no short options for most of the altcoins out there that raises some questions.
Are you going trough all the altcoins that's possible to short and choose to short or act on every single one?

There must be a way to pick those too.

ok, I will discuss a little bit of the 1 projects that you recommend, namely EGO.
I have participated in the EGO airdrop and I deserve 500 EGO but until now I haven't received the token from the airdrop. so now this project has progressed how far?

I agree, I am a long term investor, I like to buy something that I can hold AT LEAST for a decade, and that's bare minimum, if possible I would like to do that for 3 decades. How many coins or tokens do you think that attracts peoples interest for holding it as long as 30 years? I can tell you that not many, most of them will be gone anyway, and even if there are some that people think will stay, I believe that not many of them are out there. My personal favorites are btc, eth, bnb and ltc.

I have said that I will hold them for at least 10 years, and if possible as high as 30. After that, even if it goes up, it doesn't matter to me anymore I will start cashing out and living a very expensive end of life if possible, I want to travel the world and not just few days, I want to visit each city and stay there for a few months until I die or get too sick to travel.

To choose an altcoin we need to conduct a thorough research on the altcoin that you are interested in. Take a look at its capitalization, trading volume and historical price data. Check on the team behind the altcoin, their experience, track record and their qualifications. Evaluate as well the technology behind the altcoin, check if they offers any unique features or advantages over other crypto currencies. Look at the size and activity of the altcoin community. A strong community can help support the price and adoption of the altcoin. Assess your risks tolerance and always remember that investing in altcoins is very risky and volatile.

Right, transactions in ERC-20 and TRC-20 networks are sometimes very expensive, but they have the highest distribution and support for various services. It is much cheaper to send transactions in Polygon, Optimism, and Arbitrum networks. The only disadvantage of these networks is that they are not as popular in the crypto community, and it will take a long time to fix it.

For example, USDT in the Arbitrum network is not supported by almost any exchanger. Go to www.bestchange.com, there even in the list of USDT offered for exchange there is no Arbitrum network.

Everything need research for a good altcoins which is strong team and there promising roadmap. I could take about me but some time my own research gone to fail so combeniation of bad luck.

Every business has secret, which here in cryptocurrency market investment has a secret, what are the secret, firstly you most make out time and investigate about the coin, through adequate research and also check about the team involved, whitepepper most times it works as the project plan, and Smart contract, number of holder and transmission made matter's, so therefore is good to make out time to check before investing your hard earned money for new coin's.

I personally like the one listed at least on the pancakeswab. yes. the method is very simple and easy, but there is also something that must be monitored and seen before investing in coins or tokens, namely the Fully diluted market cap, in my personal opinion besides the several metrics that you have mentioned above and how many markets the coin is already available .

talking about ETNY, I know that this project now has 3670+ connected nodes and that is awesome. but from token sale they only got around $4.6m and probably from all sales like NFT etc around $5m. With this fact what can be expected? and why do you recommend investing in this project?

Some of the things I will look for when buying altcoins are the actual world use and volume of trades that have occurred on that coin.
I don't like new coins so I decided to buy an altcoin that already has a large trading volume on the crypto market.
Even though I will make a small profit but I prefer something that is definitely profitable than betting on new coins.

I don't really know how to choose Altcoins. But maybe these tips can help.

1. Research Before Buying
2. See the Technology Carried
3. View Daily Trading Volume
4. Pay Attention to the Conditions That Occur During the ICO

Few people will study token economics, that is, read the white paper carefully. This circle itself is very impetuous. Making money quickly is their ideal pursuit. This is the biggest difference between consensus and speculators. I don't have much screening experience myself. After all, my cognitive feeling is not enough for me to make an accurate choice. I like the opinions of many bounty managers.

if i will look at this factor,
1. product of the project
2. the whitepaper and roadmap of the project are running as specified or not
3. see if there is any progress or not in the project
4. partners in the project
5. community of the project

You forgot the team behind the project, it also important to know the team back ground behind the projects because iif the team is not transparent there will be a trust issue, most of the project that has an unknown team is scam so it is also important to know the team behind the project thier history and their background and experience.

the more I read this topic, the more I understand that choosing neon link  was a right decision by all means, thank you guy for useful tips
team and the product matters, right marketing strategy too

good factor to observe but nowadays I just see partnership of project with some large companies that have ventured and invested into various companies also being backed up by some large exchange like binance is more essential than looking or making an observation towards its product and even whitepaper, nowadays, so many coins with shit products could still thrive for some reasons.
even meme coin are gaining massive investment than the so called innovative products making the products itself rather irrelevant for observation, i'd put your 4th and 5th factors of yours as number 1 and 2 honestly.
since they are seem to be more influential than the other, even though textbook guides telling us to see the product first and learn the fundamentals, but things changes, and past knowledge maybe irrelevant.

yes I agree, for me the team behind the project is also important because these people have full control over the project. knowing the team especially the founder and CEO is very important because they have to be competent in their field, and maybe you can find out from their social media or searching for information on the internet.

everything mentioned is indeed very important, but that also does not necessarily mean that we will avoid rug pull or bankruptcy,
do you not know how FTT, CEL, and LUNA are seen from an investor's point of view? yes they analyzed it like what you said, all the points are fulfilled and feasible,
but the bankruptcy and rugpull of the three coins was inevitable, then this is what makes it difficult to analyze what a good altcoin looks like.

the factor of decreasing and increasing the price of the coin is also not as easy as memecoin with a small market capitalization, so the possibility of getting 10x profits will be difficult too.

Research the coin's tech, devs, history. Asking myself, is this coin useful? Is it a good global currency? If not a currency, what problem does the coin solve? What use will it have in the real world in 3-8 years? Why will people want and use this technology? How unique is the technology of this coin (or is it the same as what 10 other coins are already doing)?

Almost all these questions get ticked if you put bitcoin in front. It solves the problems that fiat currency has and is not paralleled by any other coin. So the ideal coin we all need is Bitcoin and not any shitcoin. This idea should put aside all questions about whether a certain altcoin is worthy of buying and adding to the portfolio.

I would choose the altcoins on the basis of how they have done a change in th economic system and whether they are developing further. If their team is passionate about the project then it will do good. Only a few altcoins actually go by this so your options are limited.

In general, I prefer to purchase only coins that are listed on reputable exchanges, have a substantial trading volume, and show positive daily movement. Additionally, I give priority to coins listed on top-tier exchanges and backed by large and active communities. To make my decisions, I also consider the number of people who have added the coin to their watchlists on platforms like Coingecko and CoinMarketCap.