too many coins how to decide which to buy?

[cryptocortex]

In addition to Bitcoin, I consider XMR and LTC good cryptocurrencies, which have had fair launch and are proving themselves over time. If you are looking for something new and innovative, I would advise researching about Byteball.

[Morphling]

do your deligence to choose a project, must at a low cost, then hold for a long term, the best strategy is to hold, hold, hold

[melted349]

If you have money to invest on, diversify it and buy a dozen of popular coins. Most coins have tendency to increase in price.
My top 5 consist of Bitcoins,  Monero, Darkcoin, Ripple and Blackcoin.

Still bitcoin is the best buy.

There is no need to worry about so many coins to choose from. It is on the contrary a better position for us so that we can carefully choose our own choices. You better choose the 5 listed here and add some ETH and Waves, and Strat, and also Status. Neo is also doing well.

If you are good to speculate what is the good coin to buy. But we cant do that so you may decide what would be a coin that you think that is good buy. There is a lot of coin no worry in the top 10 have a possibility but make a study first of it. It is always up to you what would be good.

[litec0ins]

If you are a good trader you can even buy shitcoins  and make x2 x3 etc.
If you are a hodler look for good dev team, growing community, useful features and proceed to hold.

[iLatios]

I always take into account the total supply of the coin. Personally I think, that unlimited supply guarantee nothing. Tha price can change due to the number of coin.
Other item is the use of the coin. How popular it is. How long it exists. Where to change if you need to get the money back.
The last, but not least, the aim of coin creation is important. If the coin is used for those people who buy something in the Internet or it depends on gas and oil drilling, they will be valuable.
P.S. When I don't know what to buy, I buy Bitcoin. Simple and reliable

[Lordshiva]

I will recommend you to buy waves and ethereum

[Butane]

There is two types of coins : the undervalued ones and the giants that will rise in the future. Choose anything that belong to one of this categories and you are fine. And in case you have something like WAVES which is in both categories, this is a win-win.

[Himanshu111]

You should choose coins which have a great development team which will take care of your invested money. You should only invest in coins and projects which you understand, projects you think have great potential and can be a success in future . Always remember to diversify your portfolio to reduce risk of market

[Russlenat]

You should choose coins which have a great development team which will take care of your invested money. You should only invest in coins and projects which you understand, projects you think have great potential and can be a success in future . Always remember to diversify your portfolio to reduce risk of market

Yes that's true!, great development team means their alt coin has huge potential market price and that alt coin is a good for investment.

[JCO05]

Hey guys

I am new on the forum and i have never bought any coins before, but i have been reading lately alot about it in details so i am just looking for ideas and thought process how you decide which coins to buy and how you filter through all this information about hundreds of coins.



How do you guys judge which coins are scamcoins? For example i have read threads on forum about Dash being a pure scam, but somewhere else you can find threads that Dash is the future of cryptocurrencies and you can see it getting accepted and price rising? Do you pay attention to threads calling some coin a scam or just ignore it as somebody crying because they lost money?


This last jump high for BTC was because higher demand in China and Japan from rumors that they will be recognized as legitemate payment option but if this happens they will be regulated and monitored so they will no longer be anonymous what was the original idea behind the creation of BTC. So in long run won't accepting and regulating BTC just ruin it becase it will destroy the only reason it got so big in the first place?


And where do you see the future of crypto? As i have been reading i notice that the most dominant trend is decentralization?

I mean projects like Sia and Storj offering decentralized encrypted file storage in the future maybe competiton to Dropbox and Amazon. So if just one of them pulls it off their coins could skyrocket hundreds of times or am i completley mistaken about this?

More projects building on decentralization  the internet like Maidsafe and decentralized super computers like Golem and iEx also offer their coins so how would you decide which ones to buy or would you just buy smaller portions of all of them? Anyways if only one of delivers on their ides all the money from other decentralized projects would just jump over to the working one pushing the wining coin even higher?

Regarding Safenetwork from Maidsafe are they offering the holy grail of everything all other coins are offering? If they manage to deliver on decentralized internet, filestorage, dapps woldnt this just kill the need for all other coins?


I aslo see alot of coins like Zcash, Verge, Zerocoin, Cloakcoin and Monero claiming to be far better version then Bitcoin offering much stronger security and privacy. Monero is allready skyrocketing and i think Zcash claimed their security is mathematically unbreakable. So i am wondering will this new coins that are more secure and scalable just push Bitcoin out of the way or will Bitcoin hold on as it has till now?

What are your thoughts about projects like Etherum and Stratis, and so called social coins like Steem and Reddcoin?

 And last its not crypto currency but what do you guys think of Ripple? I have rad alot about Ripple and i saw that some banks have pulled out of it and the R3, chossing to develope their own projects or going with Ledger from IBM in which small guys cant invest atleast not that i know of. But i also read alot of banks accepting Ripple and already making succsesful cross border payments? If ripple delivers on their plans this should push the price of XRP hundreds of times??

i am sorry for such a long post but any reply is much appreciated.

Thanks

Don't base your decision into other people's opinion. Make a personal research rather and try to observe for yourself what coin will be more profitable. You'll know that a coin is a scamcoin if its value is somehow unreal, and if its name is not familiar or weird. Try to make a research on which alt coin has th fastest rate of growth and which coin has the potential to grow. In that way, you won't be confused on what coin to invest even if there are lots of coins to choose from.

[juicejoyce]

do your deligence to choose a project, must at a low cost, then hold for a long term, the best strategy is to hold, hold, hold

That is right, but it is not so easy to find one potential coins. Maybe you can track the history of some successful coins, such as NEO, ETH and so on. Also ask for some good advice from experienced investors is 100% right.

[zxl912157]

ETH is still very cheap, I'm sure will return to its true level. 0.1
And currently it is 0,087. All new coins trust ETH as a reliable coin. ETH will be the second coin after BTC. ETH token coins are also still very attractive to trade, as MCO and SNM are worth the wait this year.

[CryptoBagHolder]

WAVES is a good coin to snag!!  Price went down a bit!!  For those waiting for the price to go down now is the time to jump in fer some profits!!

[nonlinearboy]

Here is my advice:
1) For long term investment, try to find an promising ICO project and hold the tokens as long as you can.
2) For short term investment, try to find some altcoins on the marketcap list, some coins with too fast growing speed is a good choice, you can buy some when the price is down.

[asma555]

Read the topic about trading discussion in forum.read all to learn about coin.if you do it you can learn about valuable coins.actually you need trading knowledge and experierce.take time and know about coin

[noninum]

I just buy altcoin has a huge potential marketcap, roadmap and clear specifications and developers who have nice background. And indeed have expertise in cryptoworld. Like XRP and ETH.

[Nathland]

You should pick some undervalued coins as these coins will surely go up as people will surely realize their potential one day or another. Investment in these types of coins is somewhat safe.

[sasaku bitbit]

If you have money to invest on, diversify it and buy a dozen of popular coins. Most coins have tendency to increase in price.
My top 5 consist of Bitcoins,  Monero, Darkcoin, Ripple and Blackcoin.

Still bitcoin is the best buy.

There is no need to worry about so many coins to choose from. It is on the contrary a better position for us so that we can carefully choose our own choices. You better choose the 5 listed here and add some ETH and Waves, and Strat, and also Status. Neo is also doing well.

If you are good to speculate what is the good coin to buy. But we cant do that so you may decide what would be a coin that you think that is good buy. There is a lot of coin no worry in the top 10 have a possibility but make a study first of it. It is always up to you what would be good.

If you have any speculation to buy good coins according to you so that you can decide what will be the coin that you think it is a good buy. then there are many coins do not worry in the top 10 has the possibility of such a bitcoin, eth, dimcoin etc. but you should seriously make for analysis so that you can profit from speculation

[AndrewColeman13]

There is a section about trading discussion in this forum, you can visit it and read the threads to learn about the most valuable coins which have good potential. Trading need knowledge and experience, so take your time before buying, because it is somehow risky domain.

[V1saya]

Do some background checking yourself. Not just on the coin itself, like the volume,etc, but also on the people composing the project's team. And then study the project itself. Will there be anything new that makes people anticipate for? Try to analyze them, bro.