How to find a good altcoin?

[Gecko8]

Here is my checklist, when I am studying an altcoin:


1) Whitepaper, does it exist, does it solve a fundamental Problem
2) Is it a Protocol on its  own, or is it just a token based on an existing platform
3) Potential Network effects
4) Transparency of Team. Real faces, what have been existing steps in professional life
5) Community. Already in place, how active, just bounty hunter or good conversation about different concepts
6) Marketing, only focussing on token sale or active Management of different communication channels
7) How many coins in circulation, currently and in future

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[Nell Theres]

I think personally, There are a number of different use cases out there. You can learn about it and then check which projects are active in that space. You should invest in many projects with low expectations from investors or any news or website. View cryptocurrency from Supply versus and maximum supply. Check the cryptocurrency graphs and price charts.

[ptolimeus]

Choosing a good project for investment is a very difficult task, for this you need to spend a lot of time studying projects. It is necessary to do it yourself, because in this case it is better not to rely on someone else's opinion. It is necessary to study all available information about the project.

[Cynooza]

I prefer sifting through Reddit. If a certain altcoin is frequently mentioned in a positive light, there is a good chance it gets pumped.

[snguyenthu196]

It is pretty hard. You have to go through all the details of the project. The aim of the project, the team of the project, the community of the project. Good projects are like DAOstack, LOOM Network, fusion.

[collins3]

The Altcoin market is diversified and rich. I used my knowledge and experience to select the potential Altcoin to invest as follows:
- Follow Alcoin market news
- Read the project, the quality, the website image
- Attention to technology platform, Altcoin purpose
- Specific roadmap and specific solutions for each roadmap
- Attention Dev: Experience, prestige, work attitude
- The reaction of the community ...
Each decision depends on your investment plan: Long-term investment, short-term investment, investment in the day ...

[Arcoin1]

Follow the telegram accounts to find a good Altco in the crypto money world. Follow the charts up to this time on the stock market. XRP IOTA ENJ TRX value increase coins. It is not an investment recommendation.

[kamalkk]

There are currently many ICO scam campaigns, which are followed by alt coins that are not worth the cryptocurrencies in the market. So to find a good alt coin, 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 alt coins and ICO scam.

[Semen89]

You need to look for the market and watch where this token is traded, and also its team is very important and whether this project is developing at all, then you can make some investments.

[dpoisoner]

Maybe you're right. Scammers are getting bigger and bigger. But I rely on my experience. I collect information about the project, ratings, etc.

[boyjack]

Absolutely you are correct, 90% ICO altcoins are scam, but if you look at recent ICO's also some are successes but most of them are failed, lot of cheap altcoins are available in market, before you invest in any altcoin you should study about it, read road maps, team behind the project and their active in social medias, if you look at coinmarketcap, lot of altcoin are there, and trade volume also very important things, twitter followers, and their product success.

[montreal]

As for me, I always try to spend more time on forums like this. There are very cool guys and they tell in what to invest now or then. So this way I got knowledges about the coins I invested in.

[heartthew]

I would not be so categorical. I do not think that 90 percent of all the coins are a scam, although there is a lot of fake. I think that we still have plenty to choose from. I think I should buy Cardano and Litecoin..

[Miminaha]

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

You are right, it is really hard tp find a proper altcoin that would not leave you without any money, so always have something for a rainy day

[Miminaha]

I would not be so categorical. I do not think that 90 percent of all the coins are a scam, although there is a lot of fake. I think that we still have plenty to choose from. I think I should buy Cardano and Litecoin..

But still, even if you are right, it is very dangerous. Actually, the whole cryptocurrency sphere is not the safest one either

[Kasabus]

I would not be so categorical. I do not think that 90 percent of all the coins are a scam, although there is a lot of fake. I think that we still have plenty to choose from. I think I should buy Cardano and Litecoin..

But still, even if you are right, it is very dangerous. Actually, the whole cryptocurrency sphere is not the safest one either

90% is too big IMO, but if that is true then I guess we should carefully choose what coin to invest.
Those who are in the top market that are already gaining the attention to the investor are less risky because they believe
they can grow and they have the support of the community so they'll work hard.

[jam22]

By reading their whitepaper to find if it definds how successful is their bounty campaigns. And also if there are many investors in the campaign.

[Sithara007]

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.

Whitepaper will only give you a vague idea. And if you are not that comfortable with programming languages, then I won't expect you to understand what is written in the white-paper fully. Also, you need to find-out the deficiencies of that particular coin. For that you need to refer third party sites.

[matico]

90% of altcoin sre not scam! coinmarketcap is there for you to see coin that have been trading for many years and they are still growing! If you are been scam by sltcoin that are not listed on coinmarketcsp, that will be your fault!

[santouao]

By finding a good altcoin you should watch famous youtubers if what altcoin they're hyping because they are also a big influencers on the cryptomarket. You have many things to consider also by choosing a good altcoin like if they have upcoming events, upgrade on blockchain, launching of application, new exchange to be listed. After they announce like that examples of news the value of an altcoin goes higher. In that way you can choose a good altcoin to buy.