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Author Topic: Too many altcoins  (Read 1725 times)
Growling
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June 15, 2018, 12:56:46 PM
 #121

No problem. See only the top 100 coins and the probability of losing your money will decrease significantly. I also advise you to participate in the ICO.
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June 15, 2018, 12:59:04 PM
 #122

With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?

in my opinion there are also many. unfortunately too many.
i rely on my gut feeling and the mood here in the forum.

blog posts and youtube videos are often bought and therefore not objective  Roll Eyes
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June 15, 2018, 01:54:25 PM
 #123

No problem. See only the top 100 coins and the probability of losing your money will decrease significantly. I also advise you to participate in the ICO.
ICO is now quite dangerous, the risk of capital loss is very high so I think should not invest in ICO, ICO prices are very high and when the transaction is very low. Impatient investors and managers are also impotent of managing the price of their pennies.

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June 15, 2018, 02:00:02 PM
 #124

This is now one of the first negative sides of the market, it is too high saturation with different tokens, and many of them simply will not survive for a certain period
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June 15, 2018, 05:43:01 PM
 #125

This is a bound disagreement, due to thither are extended and extended altcoin promptly. However, this is not exceptional information for the amusement fair. So nations are not auspicious to altcoin.
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June 15, 2018, 06:53:53 PM
 #126

yes I agree with you, there is too much altcoin in the market crypto now, and the impact is already felt, bitcoin dominance has dropped very drastically, investors prefer to invest to ico and altcoin

potatopotato
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June 15, 2018, 07:01:57 PM
 #127

way too many imo. It can be hard to keep up with. so many white papers and roadmaps to look at. its hard these days to know what projects are legit. I look for actual product or demo to weed out the bad ones...
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June 15, 2018, 07:04:09 PM
 #128

I'm worried about one thought. If there are a lot of altcoins, then all capitalization will be sprayed onto each of the coins. At the same time, it is unclear whether the coins will be able to give such incredible X's as before. To all other things, in such a multitude of altcoins, it's easy to get lost to beginners.

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June 15, 2018, 07:10:55 PM
 #129

yes I agree with you, there is too much altcoin in the market crypto now, and the impact is already felt, bitcoin dominance has dropped very drastically, investors prefer to invest to ico and altcoin

What's the problem with big amount of altcoins? How can it ba bad if it stimulates technology to rapidly develop!? I'm sure that we NEED a lot of altcoins with a various implementations of blockchain technology. And the market  will make a choice which altcoin will live and which will die.

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June 15, 2018, 07:11:53 PM
 #130

I look at how much the finished product of the project and how it is interesting to the General public. I always keep an eye on the coins that are in the middle of the list of coinmarketcap.

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June 15, 2018, 07:20:36 PM
 #131

For a start, I'm determined for a certain period, I want to invest, then I study the coin that I liked, and if I'm happy with everything, I'm making a purchase.
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June 15, 2018, 07:31:25 PM
 #132

Well the one thing you need to know before investing in any of them is that 90% of them are going to fail and only a handful of them are going to survive. The coins with great product and real world use cases are the ones which are going to survive. Its just like startup culture where only a few become successful.
Yeah just like what fanchain do ... A coin that coming To solve real problem on sports fans where you'll generates a token every time you creates content to encourage those sports fans supporting in fair way through community conversation  that later get rewarded to trade it for merchandise in a cooperated  e-commerce .
The point is that an adoption would make coins survive longer due strong supports , yeah clearly that's the reason.

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June 15, 2018, 07:33:16 PM
 #133

With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
I can not say that theresence of choice is baf, so it is wrong to think ghat we shoyuld have as lfew coins as possible, why do you think so?
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June 15, 2018, 07:34:20 PM
 #134

With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
i think it is wrong to say that we have too many altcoins, it is not true, it is still hard to fingd a propper coi  with good future benefit
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June 15, 2018, 07:35:06 PM
 #135

With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?
I can not say that theresence of choice is baf, so it is wrong to think ghat we shoyuld have as lfew coins as possible, why do you think so?
the choice should be on the market, of course, so it is good that we have as many altcoins as we do jow, jn my opinion, of course
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June 15, 2018, 07:50:26 PM
 #136

  For holding a coin, it's better to keep those coin that had already gained popularity or had been listed on the top because it is proven that their technology had a wide use in the industry, but if you want to buy coin right now where crypto in is deep trouble then I think it's advantageous if it is listed in CMC and wait till it pumps.
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June 15, 2018, 07:56:42 PM
 #137

 For holding a coin, it's better to keep those coin that had already gained popularity or had been listed on the top because it is proven that their technology had a wide use in the industry, but if you want to buy coin right now where crypto in is deep trouble then I think it's advantageous if it is listed in CMC and wait till it pumps.
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haroldtee
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June 15, 2018, 08:04:33 PM
 #138

I'm worried about one thought. If there are a lot of altcoins, then all capitalization will be sprayed onto each of the coins. At the same time, it is unclear whether the coins will be able to give such incredible X's as before. To all other things, in such a multitude of altcoins, it's easy to get lost to beginners.
I really do not see how that will be a problem anyway. As time goes on, altcoins with real life product and usage will be the ones to be paid attention to and will do greatly while those without will only end up shitty while some of them will simply just be good for pump and dump. The only difference is that it shifts attention away from bitcoin more like a distraction as the dominance kind of reduces.
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June 15, 2018, 08:07:03 PM
 #139

Well the one thing you need to know before investing in any of them is that 90% of them are going to fail and only a handful of them are going to survive. The coins with great product and real world use cases are the ones which are going to survive. Its just like startup culture where only a few become successful.
Yeah just like what fanchain do ... A coin that coming To solve real problem on sports fans where you'll generates a token every time you creates content to encourage those sports fans supporting in fair way through community conversation  that later get rewarded to trade it for merchandise in a cooperated  e-commerce .
The point is that an adoption would make coins survive longer due strong supports , yeah clearly that's the reason.
Not only 90% but i do rather give it on 97% which most projects do succeed and able to gain or do have share on entire marketscap. Too many altcoins indeed which it do really comes to a point that most of them are just copying on one others idea with some a little add up then theyre good to go to make such ICO hoping that someone would able to be fooled out to invested on such project. We can advise things very easy but implying those things to ourselves is already hard.

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June 15, 2018, 08:10:26 PM
 #140

Analysis of companies that have released or intend to release altcoins very interesting experience, you never know what the scam next )
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