How to minimize the risk and choose the best altcoins?

[PaulDroid]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

[1715205176]

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[1715205176]

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[thedarksun]

The most important things are:

Check contact with support, fast answers are important
Read opinion people which have experience with this coin / project
Do your own analysis

[yojodojo21]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

 The given information is quite educative for a start up in investment to a new altcoin, but I really prefer altcoins which is known tpand has lot of investors because it is win win, I have tried looking upon som ICO project and I don't want to fail so better for me to wait and trade if it gets listed, I don't care if I doesn't get the early bird bonus but I just want to be assured that my time should not be wasted waiting for an ICO project to be listed and fails to finish the race.

[jazzbom]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

1. Do an extensive research on google before buying any new coins. Read it's technical white paper.
2. Make sure the project is properly funded.
3. Check if they are listed on exchanges and coinmarketcap.
4. Don't buy a coin/token that's too early in the development stage.
5. And finally just be wise and diversify. I use Hexorr.com to manage and grow my investment portfolio.

Hope that helps.

[bobo012]

Look at the project and see does it have a need for blockchain and tokens. Next look at the team and roadmap. If it looks fake probably it is.
A lot of projects dont have sense and it is not hard to distinct them right away

[Oceat]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

 The given information is quite educative for a start up in investment to a new altcoin, but I really prefer altcoins which is known tpand has lot of investors because it is win win, I have tried looking upon som ICO project and I don't want to fail so better for me to wait and trade if it gets listed, I don't care if I doesn't get the early bird bonus but I just want to be assured that my time should not be wasted waiting for an ICO project to be listed and fails to finish the race.

To choose the best altcoin, it will just required some simple and basic knowledge about them. So you won't invest in a trashy projects that's no good in the future because most of the ICO projects just want the investors money and they they're ready to dump their tokens once it hits in the market. So it is better if you go through all of the teams and the projects white paper.

[reflector]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

If you want to invest on top rated altcoins in the market. There is coinmarketcap for you in that you can easily able to check the all best projects in the market mate. Each and every coins have own platform to invest the money and their coin value goes bigger upon the demand and circulation on the market place. We do not worry anything about it.

If you want to invest on any ICO, that time only you need to check the white paper, developer team information and etc...

[xenomorphe1]

To minimize a little the risk, you can choose to invest only few money.
Or do bounties at Bitcointalk. It is the less risky. Or use faucets.
You need also a lot of luck.

[LordShanken]

For me everything is based on your decisions and it is just up on you, thanks to market observations you will be able to just pick a good coin and decide if it will be a good decision or not.

[Quidat]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

 The given information is quite educative for a start up in investment to a new altcoin, but I really prefer altcoins which is known tpand has lot of investors because it is win win, I have tried looking upon som ICO project and I don't want to fail so better for me to wait and trade if it gets listed, I don't care if I doesn't get the early bird bonus but I just want to be assured that my time should not be wasted waiting for an ICO project to be listed and fails to finish the race.

We do have the same behavior when it comes to investment on where I do only tend to purchase tokens when they do hit up on exchanges and I don't like to invest while they are still on pre-sale,main sale or whatsoever because we wont even know if they would able to hit up on exchanges or not which means the risk factor on losing out money would really be high. Minimizing risk would really be depending on your awareness into your actions.

[GreatOrchid]

The most important things are:

Check contact with support, fast answers are important
Read opinion people which have experience with this coin / project
Do your own analysis

Yes of course, before investing into a project i am always talking to the support to see if there is more information that we can hear about.. Also, checking the whitepaper with much more attention than normal is good enough.

[IMAR]

The only way to minimize risk is doing extensive research. Leaning about the Alts that you wanted to spend your resources with is very important. Reading and understanding the whitepaper, background of the team. the feasibility of the project and what project it's going to solve.  You can also invest half of you money in major coins and half on ICO's.

[Claudyah]

you should know the exchange rate of cryptocurrency depends on the law of supply and market demand. The buyer can set the expected price, as well as the seller. A buy-sell deal will happen if you find the middle price.

[aardvark15]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

I mostly choose altcoins that meet the following criteria:

1) Recommendation by others that I trust

2) Are ranked in the top 100 in market cap

3) I have done some research on them and the project seems like it has potential.

On rare occasions I will choose a coin or token outside of the top 100 but I won’t put a lot of money into it.

[Johnyz]

For me everything is based on your decisions and it is just up on you, thanks to market observations you will be able to just pick a good coin and decide if it will be a good decision or not.

Read everything about the coin you planning to invest because the price will move easily especially when news hits that coin. Buy top 5 altcoins so the risk will be minimized but of course the profit will still not guaranteed since even a good coin will fall hard.

[Psynthax]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

Only choose the major altcoins, and it will be solved your problem.
If you are feeling doubt to choose which is best in your opinion and major altcoins become the best thing to minimize your own risk.

It less on the risk compared with the middle or low tier of altcoins.
Analyze the team, Business and many more become your responsibility to get the best altcoins.

[Yuuto]

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

Well, the one thing that applies to all investments, not just limited to altcoin is that you need to do your research beforehand.

Is the team legit? What are they promising? Is what they are promising really something that is realistic and practically needed in the crypto market these days? These are all questions that you need to ask about a project before you invest.

To minimize risk for your portfolio, the best thing to do is to diversify. Don't put all your funds in one investment, that is just dumb.

[boss1dg]

there are some posts where people explained how to choose a real project .
team pics , reviews by expert , review on ico site , most important whether whitepaper is really worthy or not .

[auliahr]

I found a very interesting thread to read, there I learned to find a good alt for investment. See and read some of these thread.
https://bitcointalk.org/index.php?topic=2975635.msg30575047#msg30575047
https://bitcointalk.org/index.php?topic=2822896.msg28918031#msg28918031

[carnitastaco]

We are talking about cryptocurrencies, if you want to avoid risk, then the simplest thing is not to deal with crypto