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Author Topic: Too many altcoins  (Read 1727 times)
tmoney88
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July 03, 2018, 05:03:47 PM
 #201

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?

That is the hardest question in crypto to answer. Because overall we know that crypto isn't going anywhere, this is the technology of the future. The risk is making sure you are invested in the correct coin. A strong use case is important. It can be safer to look at projects that already have a working product, rather than just speculation. and then just make sure it's something that you like, something you're interested in.
salamloloh
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July 03, 2018, 05:07:36 PM
 #202

to determine a coin we must know what the goals and concepts are in the coin, if you feel confused in determining a good coin or just a momentary pump by doing research or choosing top 10 coinmarketcap will give you a little picture in choosing
avrona
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July 03, 2018, 05:07:49 PM
 #203

to choose a good altcoin we must first read the whitepaper, we analyze the specifications, identify the developer / coder maker, and always watch the development of the coin.
hieuho381
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July 03, 2018, 05:08:07 PM
 #204

too many altcoins are both pros and cons of this market, the diversity of altcoins help us get more chances to choose a really good altcoin that can be used for long term, but the cons is outweight the pros, more than 800 altcoins are dumpped, no volume at all, they are abandoned and surely they will be die in the future. i think we have to choose carefully before investing ICOs and really good ICO that worthy for long term, not for short term profit.
Originator
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July 03, 2018, 05:25:10 PM
 #205

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?
Hey.
Everything depends on the preferences of the trader and the investor, on his skill and abilities. Someone wants to earn something at once. Someone is building long-term plans. Proceeding from this, the purchase of altcoyins takes place. A good option for the average user is to work with the first 20 crypto-currencies.
tranb9681
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July 04, 2018, 05:58:19 AM
 #206

In general I think that at the moment is very much altcoins, and altcoins that of the 1,600, more than 75% of the usual scam, I hope soon many shit coins will be lost and will remain real work projects!
mabell943
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July 07, 2018, 08:00:28 PM
 #207

Yes of course, there’s too many alternativecoins in the market or public and it is a normal because we are talking about business, so meaning there’s a lot of competitors that tried o compete
VALENTEAN
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July 07, 2018, 08:14:42 PM
 #208

Yes it hard to select good Alts. When I am selecting a good Alts coin, I see about their project and project team. If the project is good, all rest of thing depends on the team. I always keep eye on first 200 coins on market
opeakande
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July 07, 2018, 08:41:02 PM
 #209

Yeah there are too much of altcoins now. Some people believe it is an advantage because there are enough coin to compare before making an investment. But to me, it is greatly disadvantageous for investors as comparison is not easy and it gives ICO scammers a great chance to dupe innocent people.
plankton66
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July 07, 2018, 09:47:08 PM
 #210

what I do is know the number of supporters and users of the coin. This is the most important thing, because a coin will be useful for the means of payment and has more value in the long run when in the crowd. The way I do in choosing crypto coins that I think good as Know Community, Avoid Buying Coin Premine, Do not be Tempted With New Coins Price Changes are fast increasing and the last always learn the knowledge about the coin.
Pline
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July 07, 2018, 09:57:09 PM
 #211

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?
Just looking on how promising project is, what team stands behind it, what is the main goal of the project.
Also, I can check how the coins doing on market, to read some articles about the coin in the internet.
kpierce77
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July 07, 2018, 10:06:38 PM
 #212

I always see their projects and long-term plans, many altcoins that promise some good features in the future, it will be great for the long term. when they release their platform, then your waiting will be paid off
stynos
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July 07, 2018, 10:20:15 PM
 #213

There are a lot of altcoin presently and a lot of them don't have anything new to offer although some of them are very unique and the stand out. I look at a project long term plan before I decide if the project is going to make it or just die off before it kicks off.
Kisahazumaki87
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July 07, 2018, 10:24:23 PM
 #214

for now we use mending Coin the price is very high because for the other Coin we can make savings and also sold for investment capital Coin is now the price rises
Grifosha
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July 07, 2018, 10:30:17 PM
 #215

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 I plan to buy a coin for the Hold, then I watch its history and information about the project. I think it's better for a hold to take coins from the TOP 20, with caution from the top 100.
ngantrann206
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July 08, 2018, 12:33:37 PM
 #216

In general I think that at the moment is very much altcoins, and altcoins that of the 1,600, more than 75% of the usual scam, I hope soon many shit coins will be lost and will remain real work projects!
Psychee
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July 08, 2018, 12:41:32 PM
 #217

yes many so crypto project Socratus is your choice
c4ptch4
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July 08, 2018, 12:41:52 PM
 #218

you are very right, nowadays very many new altcoin are in the market and make everyone confused in determining before investing for that we must be more careful in choosing by looking at whitepaper and their roadmap but I think altcoin is very feasible for the current investment only ethereum
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July 08, 2018, 12:46:24 PM
 #219

Yes, you are right, too many ALTCOINS in the market and not yet many for the fact that some are still planning to get listed while many are still in the ICO stages and that's why you need to be careful in trading .. Be sure of the coin you are buy not being a pump and dump ones.

Agreed. You cannot just go invest without thinking or reading and researching first about the cryptocurrency. You cannot always just rely on other people's comments and reviews. The best way to investment wisely by studying on your own and learning it.
Z_Max
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July 08, 2018, 07:35:27 PM
 #220

The more Altcoins the stronger the main coins in the crypto-currency market will be. I hope that this year will have at least 500 new coins.
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