What is key buying criteria for you to buy an altcoin?

[rohican]

I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?

If that is a new project, I usually wait for a project near the money collection target.
I think if the development team has enough money to finance the entire development plan, then their project will go according to plan.

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[BTCwin1]

The project development status and current total market value of this project.
This is my biggest concern. If the current total market value is too high, I don't think I will invest.

[louie69]

when planning to buy altcoins, I do consider doing a background check on the history of the coin by checking on the price history chart at coinmarketcap. Next thing I consider is the present market price value of the coin and check it's performance in the market if it's doing good performance then I will decide late after a thorough research of  my coin prospect for investment. Once I had bought my coins, I'll consider this one for long term and just be updated fro time to time on the progress of it's performance.

[Revolvere]

For long-standing altcoins, it seems like graphical analysis and technological prospects will be a major consideration.
But for a new altcoin, maybe who the development team will be the main reason.

[markint]

Actually, at the moment the only reason why I have eventually bought some altcoins is because of the possibility of obtaining large profits quickly through speculation.

Let's be honest, in reality the market is oversaturated with repetitive and uninteresting projects, and only very few cryptocurrencies are needed to satisfy the current demand. Therefore, the only criteria that interests me is that this cryptocurrency or ICO is doing a lot of advertising work to promote its project, which guarantees high speculation.

[Mang Li]

I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?

first i will look into the project development, if the development is active then i will see the chart to get a better price for but the altcoins
just that,, and remember always keep it simple my friend,,

[sinduarianto]

for myself which became the benchmark for investment in altcoin which is primarily the quality of the project because with a quality project it will evolve over time and time lapse compete with other altcoin.

[South Park]

Maybe all the variables will be very influential, but at least if we are in a normal situation, I think graphical analysis is enough to make decisions, especially on the famous Altcoin.

This is something which varies from person to person and that it all depends on your own personal skillset and experience which then helps you in considering certain things before making any kind of final decision. For me, the market value of the coin in which I am interested is the key thing as lesser market value can help you in a better way in buying of the coins as this also helps you in having greater profit.

The price at which a coin is trading is important, that is correct only when the project is any good, if the project is a clear scam then it does not matter at what value is trading, eventually the coin will go to zero and someone will become a bag holder, on the other hand if the project is good and the value of the coin is almost zero that is the perfect moment to get as much of that coin as you can.

[gela888gela]

I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?

The first thing I check is the benefits of the project. Next check out the developer team. Experienced team and advisors will surely provide maximum support for the growth of the project. Next look at the market chart of the extent to which people demand for the altcoin.

[EfterlysT]

It is a question that asks often by users here. I think you might look at website ratings (if the ratings are not faked). Or, team behind the altcoin. Those are the most useful ones.

[rajapatr1]

I am always trying to look for the most reliable coin to buy, i just read the whitepaper, i check the community and i also see if there are good news before buying or not.

[edynolan]

I think it depends on the type of alt, sometimes there is a very good concept, but worse things happen, always better to ask about people's opinions about it.

[anitaraymonds]

I will always look out for the white paper  and the content. Then I will fine out what is the concept of the project and whether it is aimed at resolving any human problem. Who are the team members that is working on the project, what experience do they have? Once i am satisfied then i will buy into their project.

[dupee419]

One of my key criterias in buying an altcoin is before I buy that specific altcoin I make sure I'll make a research about it, read the whitepapers, check their website, check the services and the benefits I'll be getting once I but their coin/token, and lastly I wanna know if that specific crypto has potential throughout the years.

[Pattart]

In my opinion, the altcoin selection indicator also depends on our investment objectives, whether long term or short trading.
It will always be more complicated if we choose short trading, but in some coins, perhaps the most widely used chart as an indicator.

Yeah your right. but I think to choose a potential altcoin you have to use all the terms and criteria to choose good altcoin even if you use it for short or long term investments. some criteria to look like volume / marketcap on the coin, their ANN Thread, how active dev in the forum, and so on. You must have many criteria to find potential latcoin

[funchiestz]

Because I do not understand the graphics, I usually look at the activities of the teams. Many events can raise prices. But it does not always curtain.

[PadenoM]

hi, there is a lot of points to check, among them you will need to check the community, people invested in the project, social media,

[Manchumichael]

Because I do not understand the graphics, I usually look at the activities of the teams. Many events can raise prices. But it does not always curtain.

Graphics means charts can tell us the coins history based on that many people will invest and people will take this as reference and do research for what reason it pumped and what reason it dump. to understand the team members and projects we need special skill set if you have understand then it is an added advantage and taking suggestions from experts is also help for us to invest in good coins.