do you know how to choose the new coins

[ecrazyboy]

     In this month , there is more than 20 coins lauched . It is so terrible , and as a miner , I don't know how to choose the new coins .

     I wonder which one is better than the other . Doge , cat , rpc, etc , too many... Damm!!

     Please tell me  your experience . Have a nice weekend !

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[jr9062]

There's been more than that. I think most can be ignored.

[Jacce]

Unless there is something really unique about any of the new coins, I personally just mine established coins like Peercoin, Litecoin and Primecoin.

[natrad33]

New coins have higher risk of failure, but also higher chance of increasing in value many times over.

[hyunsookmom]

     In this month , there is more than 20 coins lauched . It is so terrible , and as a miner , I don't know how to choose the new coins .

     I wonder which one is better than the other . Doge , cat , rpc, etc , too many... Damm!!

     Please tell me  your experience . Have a nice weekend !

While I'm not a miner, more a buyer of coins I don't see any reason not to just mine one and then use that one to buy any coin you want at an early stage. I guess it's worth getting in early to mine early but I believe most coins will disappear in the next year once people get tired of them. Only a few coins are going to make it.

I would say mining Litecoin would be a good all rounder to mine. You can trade it later on Cryptsy.

[R0yalAir]

The better is Catcoin. I think it's terrible to mine it

[lithod02]

I made some good money trading DOGE and CAT coins. You just have to get in before they hit the exchange

[Monsta]

pick one and get lucky 

[samjtemp]

Consider them in terms of "Generations". First of all 85% of all new coins out there are clones. Those are easy to dismiss based on how they are merely carbon copies of bitcoin/litecoin, only mess around with "transaction speed times", reward sizes, lottery blocks, etc - all gimmicks. Or the newer Doge coins/kat coins that try to play on memes.

Bitcoin and litecoin was first generation that uses a blockchain and wasted miner hash rates relying on hardware and electricity costs.

the 2nd generation are more like protoshares, nxt, emunies which have a far more complex wallet with built in exchanges, no "proof of work", instant transaction times, and a myriad of other features never seen before in the crypto world.

I personally recommend Emunies which is going to blow all other coins out of the water. It will be released here in a couple of weeks and was designed by the lead engineer at Google. I'm a beta tester and the wallet itself is amazing. Chat features, centralized identity with reputation, completely anonymous transactions, system is slightly inflation, system creates more emu's not on a set curve but based on demand for price stability so it can actually function as a currency, all the while not being under any centralized control as this is all done automatically.