Choosing Altcoin

[bitcoinmagneto]

how can one choose which altcoin is the best and why are there so many altcoins.

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[HasHe]

Nowadays,there are lots of altcoins and its really very difficult to select a good altcoin.Nowadays,new companies as well as established financial firms have found launching ICO to be the best way of raising huge investments.They release their coins with the success of the ICO.

But nowadays,there are more scam coins which do not deliver anything and they are released just to scam people.So,before selecting an altcoin,its ANN thread should be read,who are its devs,what's their future projcts,which big investors have shown interest to invest in it,what's its market cap should be analyzed and then,the most under valued coin should be selected to invest.

[tukangkopi]

how can one choose which altcoin is the best and why are there so many altcoins.

buy coins that have products and that products useful for the community.

[stealth.money]

how can one choose which altcoin is the best and why are there so many altcoins.

Choose proven development, not marketing and hype.

[Shohanur]

how can one choose which altcoin is the best and why are there so many altcoins.

it is very important to choice altcoin. you can see their ico, Ann tread, their social media. you can also see their white paper and promising option.

[jjacob]

how can one choose which altcoin is the best and why are there so many altcoins.

Try and avoid ICOs, especially the ones that are big on hype. If you plan to hold for the long-term, you can look at established coins. Look at the ones with proven development and which have a community backing.

[newlone]

how can one choose which altcoin is the best and why are there so many altcoins.

I often choose altcoin to be of interest to investors and volume (24h) on big coinmarket.

[Burks]

how can one choose which altcoin is the best and why are there so many altcoins.

Choose proven development, not marketing and hype.

Yeah,choose the stable altcoin don't get attracted by new coins they can give you good profits initially but for long term investment you need stable coin or else you will lose your investment. If you are able to pick the right altcoin for investment, it can make the life easier for you. Few altcoins have given almost 8000% returns to its investors in less than 3 months.
1.DASH. Dash seems a promising investment option for long term,We can expect 2x growth by the end of this year.the growth rate in the last three months is 700%.
2. Golem (GNT)).It gave huge returns to investors in last quarter, seems to grow more in future. Can go 3x by end of this year.

There are still many coins available so Always diversify your portfolio , invest in around 4–10 coins to lower down the market risk.
The market is very volatile, Don’t forget the market risk, Invest accordingly.

[saleenasmith]

Choosing the altcoins is really Tough these days! There are so many Altcoins available today but if u want to best one you can consult with the financial experts they suggest the best Altcoins according to ur portfolio.

[withche.07]

Choosing greatest altcoin ever is more harder than past. Bitcoin is the most popular coin and it basically stepped on altcoins. I can only suggest you to look into graph and follow dev teams on slack. These are only ways.