Too many altcoins

[hanadaya]

I think this is a serious problem, because more and more altcoin now. However, this is not good news for the market. A time when everyone can get out and raise money without having anything. Neither the product nor the normal team. Now this time has passed and the amount of altcoin no longer grows exponentially many others out there.

[1715340500]

1715340500

[jan.nicolas]

Many projects today are created only because they are ready to raise money. This is all for which they are needed. People do not want to develop anything, they artificially create projects and deceive people.

[Exolife]

When I started with Crypto, I too asked myself, what is the need of having so many coins. Then I understood that each of these coins have something unique in them. I mean the feature that it bring to the table, reason behind creating such coin, what's the vision and so on. Not to forget that we also have scam coins, where people would just create any coin, copy whitepaper and try to fool people and then run away with money. Got to be very careful with the new coins that come into the market for sure.
One other advantage of having a lot of Altcoins is that it helps in the diversification of investment.
That's all for now, Have a good one.

[archiejones36]

Not really, there's millions of companies. You just pick the ones you like.

[Afteryou56]

the market actually has chances to get back to normal. I am attuned optimistically on this matter. Perhaps people will panic again and the price will go down more, but eventually everything will recover. I don't think that such things as cryptocurrency market are stoppable. The govs would like it to be so, but freedom will win. They can't take it away from us no matter what they do. Our world is just not like that anymore.

[404edson]

Absolutely, there's a lot of altcoins existed and continued in conducting ICOs. It is hard for us to find out which is the best altcoins to invest nowadays since there are some altcoins are just trolling or even sometimes they run the money raised from the ICO. And yet there are so many ICOs are not listed in coinmartket or any exchanges.

[Rengga Jati]

Yes, you are right. Commonly I will check the concept of the coin offered in ICO. Or, I will see the volume, rate, and progress of the coin on the coin market cap. If it is not there, I will check on the other exchange. Of course, we=ith some considerable review and analysis.

[Cipoly]

Each venture is a piece of a vast foundation that we fabricate each day, however as we as a whole comprehend with you, sometime they will have almost no of what is ordinary, sooner or later the greater part of them will basically vanish.

[ACHANCE]

firstly we need to analyze the business behind the coin and token  which we find perfect business and scope and scalability
we should buy and hold to get much profit

[sagatel]

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?

You're right. there are too many altcoins on the market. It is very difficult to choose a promising altcoin and easy to make a mistake. But there is an alternative choice-ICO. ICO is much easier to evaluate than many altcoins.

[elpiji]

before investing we should see the whole project, such as whitepaper, roadmap, vision and mission, team, and most importantly the website, don't ever invest in projects that have premature websites because it could be a scame.

[AniviaBtc]

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?

The trouble with many altcoins is that they are used for speculative purposes only at the beginning of their appearance. Then the speculators sell the coins and destroy the investors ' interest in them. Perhaps now there is the same speculative game with bitcoin. I'm sorry that people were not ready for such a phenomenon as cryptocurrencies.

After the entry of Bitcoin into crypto currency market, a lot more follows the foot step of Bitcoin, now we have a lot more, a thousand  more on the list, But if we look deeper into the market list of crypto coin as posted, only a few survived the beating of the market, some are lacking the support system in the market, some even failed to make for 1 year. They just disappeared. Only the coins with good fundamentals, clear and stable market structures will stay and gained the market confidence sooner or later.

[Chacha1000]

Yes,you are right. There are so many altcoins recently and I can say is good for the space because investors will have varieties of projects to chose on

[mashina65]

I do not buy little-known altcoins, because they increased the risk of losing their money by investing, I choose projects that are on hearing and with the prospect

[Ducpham1991]

i think you shoud invest project of Krypital group like Cybermiles. MVP, Egertia, Arcblock. this is good invesment

[cryptogoddessjenny]

I search for altcoins with low market caps because they offer the greatest returns yet have the greatest risk as well.  For me, looking for a 10x altcoin takes a ton of research.  I'm betting on a few right now, mainly Flash and DeepOnion.  They both offer real world use and are unique in there own way.

[langaw2018]

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?

Ethereum is the always a very good altcoin to invest, ethereum is decentralized system, which means it is not controlled by any single governing entity. An absolute majority of online services, businesses and enterprises are built on a centralized system of governance.And about holding it is also the best except bitcoin.

[CryptoTrip]

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 look at how the project follows the roadmap, how actively the team promotes the product and concludes partner agreements. Also I look at ratings on various sites. If everything suits me, then you can invest. If something is embarrassing, I'm considering the next project.

[jurgen444]

for now it's already too many types of altcoins on the market. we must learn before choosing the investment is the continuity of the project from altcoin that has a real project may be a good choice.

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