How to find a good altcoin?

[shasimiky]

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

[sorehammer]

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

Yup many new emerging coins are shit coins.A good coin can be identified as
1. Having specific idea
2. Well defined white paper
3. Well experienced development team.
4. Well defined website having all the related information
5. High adoptibility by the community.
If you find the above mentioned qualities in an Altcoin then you should invest in it.

[justin86]

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

Yup many new emerging coins are shit coins.A good coin can be identified as
1. Having specific idea
2. Well defined white paper
3. Well experienced development team.
4. Well defined website having all the related information
5. High adoptibility by the community.
If you find the above mentioned qualities in an Altcoin then you should invest in it.

Only 3 I look for, others what many scam coins also have, if they are even not able to prepare a good whitepaper they can do nothing.

[OluwaTosin10]

I disagree with 90% been scam
Altcoins are beautiful to own, as long as you purchase wisely and avoids cheap and enticing ICOs (that could be damaging)

To get good altcoins
look into their project, their team their waveform
The market as well as their durability ( what the project is all about)

All in all
Trade wisely

[G14tz87]

- Look for cryptocurrency for less than a dollar.
- Check the cryptocurrency website to rate the most promising coins.
- Check Reddit to find out which coins have the community.
- View cryptocurrency from Supply versus and maximum supply.
- Check the graphs of cryptocurrency and price charts.

[BADBITCH]

I think the perfect way to go about it is Act like a venture capitalist.

 You should invest in a lot of projects with the low expectation from investors or news or any website. However, it's that one or two home runs that pays for all the investments plus some.

Look for coins that haven't had a bunch of news, that have low market caps, active (verifiable) development and accessible team members.

[WorldBiz project]

By reading white paper and check the project behind the ICO

[copyfile]

In fact, it is not so easy to determine a quality project. According to statistics, last year, about 48% of the ICO project was a Scam. Therefore, you need to carefully analyze the project and pay attention to the project team, study technical documentation, check the legal part, the idea of the project. Assess how adequate funds they want to collect, and in General assess the prospects of the idea. The work is not easy, but will save at least your money

[Holla123]

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

There is a number of different use cases out there. You could learn about those and then check, which projects are active in that space. There is even a number, that are making good money already. Walton I have never held but always springs to my mind on that occasion. Or Wabi or Factom and so on. Do your own research and then spread money to your 3 favourite projects for a start. It might also not hurt to add some Neo and Ethereum to your portfolio.

[rjefferson]

It all comes down to the idea, team, and how good their communication is. Been a big fan of how proactive Havven has been lately. Rolling out huge announcements just weeks after their ICO. https://havven.io/

[COINISM0001]

You ask for suggestions from good senior cryptonians to find the remaining 10%.

Although I believe some 20% coins are definitely real and visionary. So here is my short-list for you (DYOR prior to buying)

a. EOS
b. LTC
c. PRG
d. XRP
e. TAU
f. ARK

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

[AlisaWhishie]

Several rules to start with:

1. If you see a lot of bots spamming the forum with some coin, it is not what you are looking for, move along. That's not how a good marketing is done.
2. If you see tons of complimentary messages in a coin telegram group, but no lively discussion, make sure all who write these messages are not just bounty/airdrop participants who perform this task to get paid. Leave some of them a PM and ask whether they are investors or just bounty hunters. If none of them answers you, then they are probably bots, not real people. So move along again.

[melekseverce]

You should be looking for top alt coins. They have a very good development and a strong community. They also have a huge trade volumes on reputed exchanges. Read the whitepaper. Good alt coins will offer good features. Shit alt coins are just clones of other coins.

[CrypticGambit]

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

You have to do a lot of research in order to know what is a scam:

1. Look at the idea (does it make sense? if yes, go to point 2)
2. Look at the team (do they have linkedin profiles? are they legit? Do they have experience, that is needed is this area? If yes go to point 3
3. Look at the token metrics (how much are they raising? maybe they ask too much? If their hardcap is good go to point 4
4. Ask for a MVP
5. Read the whitepaper
6. Invest

[aizadelacruz99]

How to find good altcoins? I think top 10 of altcoins in trading site is secured to invest. Because is very active coin in trading site.

[nata777]

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

I choose only those altcoins who are actively working on the development of their project and will report it on all resources.

[CopMom]

There are currently many ICO scam campaigns, which are followed by altcoins that are not worth the cryptocurrencies in the market. So to find a good altcoin, you need to analyze in detail the potential of the project, the project team and, in particular, the country in which it was created, the purpose and potential of the ICO, etc. There are many factors, and you need to find out to avoid altcoins and ICO scam.

[emrecemsan]

Hype amount-max supply. Circulation supply and  teknologhy. You should look this thing.

[Kasabus]

More than 90 % altcoin are scam. So be very careful. Do you know how to find a good altcoin?

I choose only those altcoins who are actively working on the development of their project and will report it on all resources.

What particular altcoin is that, as for me, I have already choosen some coins, my biggest investment is on TRX while
I also put on ADA, ADEX, and the new one who just pump up right now which is PUNDIX.

[IsuruMaduranga]

This is my procedure.

1. Check the quality of website
2. Check the white paper
3. Check the team and their Linkdin profiles
4. Check whether the token distribution is fair or not
5. Check the code in github.
6. Check whether the project have a working prototype of the product.
7. Check whether the blockchain is  essential to the project or not.