how to choose good altcoin

[long8899]

Hello everyone

I have a question.

there are so many altcoins in the market. How can we choose the right coin?

I know there are some criteria for us to consider

1: low supply
2: good project
3: realistic roadmap
4: good team member

questions: is there any more criteria can be considered? and what's the priority you think about all these criteria?

also. anyone can give me more detail information about these criteria??


like the first one: low supply. how many supply is "low supply"
the second one: what's definition of "good project"
the fourth one: how to measure it has "good team member"

Thank you for your help. I think it is very important for investors.

[anggriani]

the first thing to do is to see and read the whitepapers, because they always explain in detail about the project.
high trading volume and available in various exchanges are the things that need to be considered.
a good team is a team that is open to always discuss in thread announcements and other social media.

lastly you can discuss directly with your local community to get the information and the right choice

[opennera]

I usually checking whitepaper and roadmap first. Beside Total supply and Mcap

Low supply and mcap, strong project is best choice

[kirstiemorton23]

All analysis of altcoins is not necessarily 100% correct. I think the luck factor is the most decisive thing. and also we must have sufficient capital so that if there is a small gap can generate big profits. but what you convey also become an important factor in choosing a successful altcoin.

[surfinonmyownwavebaby]

Don't forget about community because without a proper community backing the coin won't go anywhere. Also it is better if there are more hands involved leading to further decentralization rather than be such few hands involved.

[jossiel]

questions: is there any more criteria can be considered? and what's the priority you think about all these criteria?

also. anyone can give me more detail information about these criteria??

What will be the purpose of their coin? Will it be used as medium for various services or exchange? Does it has a good support to its investors and are they transparent with the project itself?

like the first one: low supply. how many supply is "low supply"

Bitcoin has a very low supply so maybe 50M and below is low supply.

the second one: what's definition of "good project"

Only you can answer of what's the definition of a good project depending on your views and opinions.

the fourth one: how to measure it has "good team member"

Experience, knowledge, I prefer "REAL" team members or developers rather than the good ones.

[annango]

Hello everyone

I have a question.

there are so many altcoins in the market. How can we choose the right coin?

I know there are some criteria for us to consider

1: low supply
2: good project
3: realistic roadmap
4: good team member

questions: is there any more criteria can be considered? and what's the priority you think about all these criteria?

also. anyone can give me more detail information about these criteria??


like the first one: low supply. how many supply is "low supply"
the second one: what's definition of "good project"
the fourth one: how to measure it has "good team member"

Thank you for your help. I think it is very important for investors.

You can find out many post in this forum which discussed "how to choose a good altcoin/ICO". I think you should look for thing you want to ask before opening a new thread.
Low Supply: You should choose altcoins which have supply under 1 billions coin
Good Project:What is idea of project? And is it necessary for the life or not?
Good Team Member: Altcoins which promoted by reputation Development Team or Advisors Team, are always good coin.

[epittman]

Agree, your question is important ( specially for noob like me ). If I may ask, where did you get your 4 criteria?

[fatirborju]

Low inventory: it's a good idea to adjust your coins before making a supply for altcoin
good project: you should look for ideas that can make your project work
Good team members: before giving approval for the team it's a good idea to consider first
that's what I think, thank you

[Indrawan77]

Its very important to check the whitepaper to determine whether its a good project or no, good project means that the coin got its unique value, you can also see the roadmap to see the vision of the the coin, good team means how the team handle the investors and how to handle problems, this can be check from following their social media group, check whether the team is legit and from the time being does the coin meet up with their roadmap target

[soloinvestor]

In my opinion, it is better to make your own research and trust your guts.

The most of the privacy coins are undervalued right now.

The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.

I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.

They are on Pre-ICO stage right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalk.org/index.php?topic=2659058.0

[lmoe23]

i think you listed all the criteria need for choosing a good altcoin.

goodluck finding it as I found Bitcoinus is one of them.  

[max1616]

I have two types of investment schemes ;

1-Long-term (high investment) : Projects traded in large boilers known by everyone (Low supply)
2-Short term (low investment) : I'm just looking at the people that make up the project (Low supply)

Having a low supply is the most important factor for me..other factors (team, project, stock exchange) only change the amount of investment.

[Lastsamuraj]

As above,make a research,check the supply,and market cap.Coin needs room to growth.Check the potential and imagine,this will be needed and used in the future

[bigcash2011]

For me the most important point is the use cases, if you think a new project or startup has the capacity to be adopted by the masses for its functionality or service then yes, you should invest and support the project/coin.

[Jaephoenix]

Some ICOs may not obey all those rules and still moon. Check out Retainly, it would be cool

[lobo13hf]

Hello everyone

I have a question.

there are so many altcoins in the market. How can we choose the right coin?

I know there are some criteria for us to consider

1: low supply
2: good project
3: realistic roadmap
4: good team member

questions: is there any more criteria can be considered? and what's the priority you think about all these criteria?

also. anyone can give me more detail information about these criteria??


like the first one: low supply. how many supply is "low supply"
the second one: what's definition of "good project"
the fourth one: how to measure it has "good team member"

Thank you for your help. I think it is very important for investors.

The community is an important criterion needs to be considered as the main point. I think that the supply doesn't give a lot of impacts to believe how good altcoin is. But a big community behind it will provide a clue about the strong support to push the project development itself. That means more trust and the project will become more trustable

[Dpat]

Choosing a right altcoin always follow the company website and read the whitepaper clearly while the company was came with ICO. Also, follow the stability of the coin price fluctuation according to the market situation. If, you are seeing a range of the price that the coin is moving then trade from below and if the price shows a stability then make an investment for longer period.

[ceyceyki]

In my opinion choosing a good altcoin is very tricky. There are more than 1500 altcoins and their tech and whitepapers are very similar. You need to search on internet, read whitepaper, search team for a good altcoin. In my opinion it is like a gamble to invest in an altcoin. Maybe in the future we will see the difference.

[sedou]

if you mean low supply as in number of coins you should start taking marketcap into consideration. also compare its mcap with its competitors.