Too many altcoins

[Syunusa]

Honestly, there are too many altcoins in the market to the extend that we don't even know the one to invest on but i think coinmarketcap is there to assist on which altcoins to buy. this can be done by looking at the top 50 in the coinmarketcap and research on them to select the best.

[Bairbe]

avayte consider the three most profitable cryptocurrencies for June 2018. All of them are in the top twenty in terms of capitalization in The coinmarketcap rating. First, we simply have to include the ontology (ONT) token in our list, as it deserves special attention now. Following the digital gold coin the whole of may showed a bearish picture, but since the end of the month recovered a little, and on Sunday again fell to 6.7. Ontology provides a multi-functional platform with a number of effective tools, including the creation and support of DApps and smart contracts.

In addition, the two-tier structure of the ONT technology allows controlling not only assets, but also identification data. Therefore, despite the current decline, the coin has all chances to increase the value by the end of 2018. Only in the last few weeks, thanks to the cooperation with the developers of NEO and OnChain, it was able to move from the 35th to the 19th position in the market capitalization.

Another well — known project that deserves to be in your portfolio is Qtum (QTUM). Its technology is reliable, unique and is able to offer the world something new, in connection with which many analysts predict Qtum great future and tremendous growth this year.  The hybrid architecture of the platform, which combines the capabilities of the bitcoin and ether blockchain, provides high network security. But the coin has gained a special investment attractiveness due to the use of a mechanism for the rapid creation and development of its own decentralized applications. In addition to support for common programming languages such as Java and C++, the x86 virtual machine is launched on the site, which greatly simplifies the use of ERC20 tokens.

[Pappy_1_]

I look at the project, if I like it I study the roadmap and the development team. If I'm satisfied with everything I invest in their project. In fact, even with careful study of the project, there is no guarantee that their tokens will be in demand. I think in the future 98% of the coins will become absolutely unnecessary.

[Esterklu]

I am trying to find coin which does not have too many analogues, has good team and marketing, but didn't have too much hype and pamps. Anyway there are still many risks that you will become long time investor. Just research, research and DYOR.

[derihendra]

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?

if you want to get a profit from crypto, as good as you buy a good crypto, one of the nice crypto to buy is ripple, because now the price is still cheap ripple

[lucretiareaves]

I just figured out what my favorite altcoin was, see its application, its development potential. Then buy it and trust it, that's enough

[impulse709]

We all know that too much altcoins now and most of them are useless. The market still in dip and no sign of recover and this may result with more altcoins will die. Crypto market need to kill more useless altcoins if it want to start rising again.

[Dodongbtc111]

There are too many altcoins already. Many ICO launching this days and some of them can be labeled as scam. I think we need to stick mature alts for out investment. It is much safer compare to ICO.

[cavaBcoin]

You look at the prospect, that is roadmap. You look at the maximum supply, what purpose and solution the coin will remedy. Although, some of these criteria might fail. In other words, there are no sure way to know the better once so you rather invest in the top coins if you have the money.

In crypto market, we’re just finding out more information a coin and afterwards picking one to invest or trade. Yep, in fact it’s quite hard to have an accurate prediction at any coins. Thus, you’re better off keeping an eye on a promising coin, and analyzing it carefully. You probably pay attention to some altcoins such as ethereum, litecoin, neo , litecoin, ripple and many more other coins. Anyway, there are many potential altcoins, whether to invest efficiently or not, it depends much on the way you invest.

[CoachApril]

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.

You've identified two main areas we are focussed on: 1) Creating opportunities in which FanChain can be exchanged for real access (e.g subscriptions, ppv) or tangible goods (e.g. sports memorabilia) and 2) Aggressively and systematically working with the major players to accept FanChain tokens to push adoption forward. I don't think there's been a crypto play like FanChain before -- it's highly consumer-driven, global and mainstream (What's more mainstream than sports?). It should be interesting.

[Darknight31]

It doesn't matter if you have an option for you to have and to trade upon the thing that is important is our willingness to trade and to deal with decisions that could give you a better chance to earn and to gain profit.

[elrugrim]

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?

Pay more attantion on reddit and community chats, if it is active and people are postive about project it worth investing.

[Kevin77]

You randomly allocate numbers to coins and pick your favourite numbers.

DYOR!

That would throw him into a wild fire before he even ends up knowing it as this is not a space to gamble at all, lol . However, you have topped it all with 'Doing your own research' as there is just no way better. There are so many resources online that can guide though or give someone a glimpse of what some have invested in and why which can help one to limit one's research to those ones before even considering investing at all.

It is always better to know what you are holding than to base your decision on what others are saying. It is our money and we must work hard to make it growing. Too many altcoins is an opportunity, instead of making use of it, we should not risk blindly with those too many altcoins.

[PavelMed]

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?

It is necessary to look as passed ISO at the project-how many collected what problems the project wants to solve and what solutions for this purpose they offer and as their direction is popular.

[Talat10gu]

As a strategy you can use the next one. Hold ETH, invest in BTC and you will be happy. BTC is the body of market, so there aren’t any doubts here. And ETH’s potential makes it quite promising for increasing.

[darkr]

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?

Big number of coins is a sign that market is under way of transformation. It is necessary to find best coin and long row of variants is in front of you. Choose what’s you like or take some advices of more experienced users.

[Tylev]

Altkoinov now really a bit much. Therefore, before making certain decisions on their purchase, exchange or sale, it is necessary to study a lot of information about each coin, its characteristics, prospects for development, etc. This, of course, is complicated and requires a lot of effort and time. However, it seems that over time the number of altcoyins, and especially tokens, will only increase. And this must be taken as a fact.

[last7minutes]

Honestly, there are too many altcoins in the market to the extend that we don't even know the one to invest on but i think coinmarketcap is there to assist on which altcoins to buy. this can be done by looking at the top 50 in the coinmarketcap and research on them to select the best.

True. The top-50 coins will at least survive through their huge market capitalization. As for the other cryptocurrencies, here you should be very careful with investments - some of these alts can really die.

[Henry4457]

It must be admitted that at this time too many coins that make many people become confused to choose the best coin, this causes the competition becomes very tight and many coins are disappear.

[nemagia]

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 always watch the newly appeared tokens and analyze the graphs of top coins. It is clear that it is impossible to cover the whole range of coins, but among many you can find attractive ones, especially helps investors and the capitalization of a coin when choosing, but no one can be sure of the right choice.