Choosing a cryptocurrency for Long term investments

[Bit talk]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

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[Crypto Debate]

we are waiting for this type of posts because when we plan for long term investment confusing for which coin we will select thanks for this merit post, this is help for all long term investors if i have Smerit surely provide this post   

[Bit talk]

thank you to CD, if have any new points please add/share in this form for help to all investors 

[batang_bitcoin]

You can also add some precautions that investors shouldn't depend on the shout of the crowd.

Most of those coins are being hyped by different types of marketing and that's not how to choose a long term investment.  Overall you're list is a summary of it.

[fransxavariustintin]

the information you provide is very good, as a beginner investor, I am very helpful with the information you provide, so far I only focus on the large and small volume of the market, I do not pay attention to other points for long-term investment, I hope the other beginners also pay attention to these points.

[whirlcoin]

The quality of the project is important whike we are looking for a coin to invest in long term so choosing the coin based on the market cap value is not the right thing I think because if a good project at its ealry days then it may not have high market cap value or pick the coin already reputed then it involves less risks.

[nguyet91btc]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

Thank you for your sharing. I would like to contribute the following ideas:
1. Project development team.
2. How did they achieve the goal of the roadmap?

[loicuagio1979]

1. "compare the market cap of a currency with the total market cap." --> What do you use this information for? I think it's useless
2. "Usability – check". Tell me guy how do you check? and more important, how do you evaluate this?
3. " Transactions volume – demonstrates" it's too common and it depends on each coin and market situation also.
4.
5.
6.

-> I don't think that will help because your information is not placed in specific cases and there are a number of important changes/examples which need to be made.

[cryptoking33]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

This is an interesting post because the facts and features you stated above are very obvious. You need to carefully study the above features before you invest your hard earn money. However you need to know the project team you are dealing with if they have experience or not.

[Suslived]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

Good post. You've practically listed down the most essential tips in a very concise manner.

My only comment is grammar and the fact that you could have formatted it in a neater way as such:

• Market share – compare the market cap of a currency with the total market cap.
• Usability – check, if there is a demand for its features and if there are active users of this blockchain already.
• Transactions volume – demonstrates if there is an interest towards the coin among market participants.
• Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.
• Development of the technology. If the technology can’t approach indicated goals, the project will not survive for long. Explore the road map and monitor updates.
• Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

[kenellis2017]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

I alway review a project via:
1. Development team.
2. Community
3. Follow roadmap.
4. Practical application

[AndrewBrown]

Choosing a cryptocurrency for long term investments you should look at the product which this project offers, you need to know if it is a product that people will be using for years to come because that is how a project survives, when people use it, look at adoption and how loyal the investors are to the project that will give you your answer

[VuLDK]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

Now choose eth to invest in the long term. With eth's current price , this is a good time to buy. Bitcoin prices are at a record low , never since the beginning of the year , and eth's prices come down. Eth is a coin , full of potential and worth investing , it's just behind bitcoin. Saving eth now is essential to the end of the year when it's rising to us , we can sell and make profit

[electronicash]

its the usability of the coin that I'm more after though.

monitoring the news from the developers are the hardest to keep up when you are busy of the other things you do. but its very profitable to have the information before anyone else expect something to happen because you can take advantage of the news.

[eagle10]

There are many different criteria in choosing a cryptocurrency for long term holding. Your point prove to be reasonable and helpful especially for newbie. In my case, I choose to pick those crypto which are established and has a solid community already. Ethereum and bitcoin, of course, cannot be ignored they are always on my list. I also added, Komodo and Lisk for its technology.

[Red-Apple]

[/b][/i]>>>Market share – compare the market cap of a currency with the total market cap.

pointless comparison. having a bigger market cap does not mean it can give you more profit (in fact the big market cap altcoins are known to give far less profit than the small ones). i have made gigantic profits from coins that didn't even have  1/10000 of the biggest market cap in the past multiple times!!!

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

this is a good factor to check but the problem is all the altcoins are the same  when it comes to usability, they have none!

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

this doesn't necessarily show you whether the coin is good or not but from this you may be able to detect dumps. since usually during the dumps the whales and miners start moving their coins to exchanges to sell which increases the transaction volume.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

when seeking profit you want more volatility instead of low volatility.

i would say regarding liquidity there is a minimum that the  coin should have only to be able to support the amount you want to put it. it needs to be higher then that amount so that when you buy and then  later one dump the  coin you don't disturb the market much.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

i completely agree with this. hopefully people pay more attention to this factor instead of silly things such as market cap.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

that is like bread and butter when it comes to altcoins. 90% of the pump and dumps start with the news.
and for those who keep asking me how to find pumps, this here is one of the many ways you can use to detect pumps early on.

[herurist]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

Thank you for sharing this information but I use simple way because too many opinion can make me confused. I only see from coinmarketcap list, see chart history and take open transactions. Besides that our experience also can use to decides what coins we should take as investment product. Keep going and see you all on the top.

[BIT WRLD]

Very good post and this is right time to buying coins, this post very helpful for new in this market, if I have Smarits I will give merit for this post thank you 

[solarion]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

You seems have good understanding about the marketplace fluctuations and good potential coins. I see you have shared the tips to find the good coins mate. Along with that you share the good coins like top 5 coins to invest to all the time.
Then the newbies will be use of it bro. I really appreciate your efforts for helping the newbie investors does not know about the crypto marketplace.

[Bit talk]

thanks to all for sharing your knowledge on this forum

[Milenyto]

There are a lot of checklists how to choose perspective coin. Unfortunately, it is not so easy. There are a lot of reasons and situation when the coin grows against market or fundamental reasons.

[nahnah]

very helpful information, thank you for sharing your tips, as a beginner investor  I feel helped by this kind of information,

[Moiyah]

Very informative posts. This may really help us who are crypto investor and choose to do a long term investments. But I may agree that the coins that I have chosen back then, which I believe had potential were actually shitcoins now. There are certain beliefs that I actually realized wrong just now that was affected by fuds, news, fomo and etc. Thanks for this thread as I realized there are many things to be considered first before deciding to do a long term investments.

[BIT WRLD]

Thanks for Maritble post yes this is very much help for investors

[Persiville]

Very informative posts. This may really help us who are crypto investor and choose to do a long term investments. But I may agree that the coins that I have chosen back then, which I believe had potential were actually shitcoins now. There are certain beliefs that I actually realized wrong just now that was affected by fuds, news, fomo and etc. Thanks for this thread as I realized there are many things to be considered first before deciding to do a long term investments.

Indeed it will be a big help for those who are still hesitant in intvesting and still confused on what to do and how to decide. It is true that this are also factors you need to look at when and before investing, because investments are really risky and scary when you are still a newbie, so be better to prepare for that.

[coinmela]

very helpful post for newbe in this market who is planed for long term investment this points useful we are waiting this type of posts thank you

[amila_cs]

Good post. But it feels like you are biased towards coins with their own blockchain. There can be good projects that do not have their own chain

[Gogochen]

One important factor that seems to have been forgotten is the open source of gtihub.
The success of a project depends on the updating of the code and the quality of the code.

[januri]

according to this, you can also add some precautions so that investors do not rely on people who are gathering. many different types of marketing coins and that's not how to choose a long-term investment. Your entire list is just a summary.

[Mikcik]

Sorry, but I can't tell a altcoin I buy for long term, but the criteria for choosing a project is that it is still working, and the people in the group often commit their code, and important is the price down more than 90%. Wish you a good project selection

[Ms Nuha]

personally, I think if It might really help us who are crypto investors and choose to make long-term investments. But I might agree that the coin I chose then, which I believe has potential, is actually Shitcoins now. I am very grateful for this thread because I realize there are many things to consider first before deciding to invest.

[Herbert2020]

altcoins have never been good for long term investments and this is not going to change now. you can come up with a lot of weird things to check in your list and satisfy yourself into believing that you "researched" before investing and made a good decision but that still doesn't make it good. even if you make profit you are missing out on bigger profits. for example if you invest the money you could have invested in bitcoin in a bunch of altcoins you  decrease your profit by at least 70%.

altcoins have always been best short term investment because they can get pumped hard and because when their pumps are done they get dumped hard. the smaller the coin the bigger the pump.

[Fatimah Azzahra]

your post is very useful once and also very helpful for beginner investors who do not really understand about cryptocurency market.
that way all of them (beginners) can learn on the basis of the knowledge that is given by you this.

[lehuong]

If given the cryptocurrency option for long term investment I would choose copper ripple. Their prices are low so we can buy them together for long term investment, as they will have a lot of potential.

[Talat10gu]

The post is really useful. With the help of it I can create current trends and make predictions for my alts too. The development of technologies is actual, of course, thank you one more time.

[sensei]

monitoring the info from the developers are the hardest to grip up when you are meddling of the over-the-counter things you do.

[number37]

Check some charts as always. Everything else doesn't matter if you bought a top and it will retrace like 70-90% anyway soon.

[emmaeducatorxx]

Choosing a cryptocurrency for long term investments you should look at the product which this project offers, you need to know if it is a product that people will be using for years to come because that is how a project survives, when people use it, look at adoption and how loyal the investors are to the project that will give you your answer

[romeolopez21]

I know the one cryptocurrency, and I also think that you know it too. This is BTC. It is very stable for the long term projects. Even ETH doesn't have all characteristics for it.

[jvdp]

I know the one cryptocurrency, and I also think that you know it too. This is BTC. It is very stable for the long term projects. Even ETH doesn't have all characteristics for it.

Bitcoin everyone will accept that it is the number one coin and perfect one for long time. You may share some other coins also to go with bigger bump in future. I suggest you to go with the some altcoins which having potential to rock in the market.

Let me list my favorite coins whatever you want to pick.
Bitcoins
Ethereum
Litecoin
Monero
Neo
Zcash

You may go any coin in this list to make profits.

[sofmyhad]

Your list seems to be quite useful. I rely on stability, value, volumes and level of anonymity. These characteristics are very important to be avoided.

[Schevascheva]

This is a good question, but there is no need for you to answer it, since you can raise and lose any coins, you should choose the coin yourself to do an analysis, what it can and what does not, and after that invest its money in it

[toshisoroki]

I suppose that volumes, value, security, popularity and common trends are important here too. With the help of these indexes I should invest right and long term projects will give an income.

[Healsmans]

❇️Choosing a cryptocurrency for long-term investments: check list
 
>>>Market share – compare the market cap of a currency with the total market cap.

>>>Usability – check, if there is a demand for its features and if there are active users of this blockchain already.

>>>Transactions volume – demonstrates if there is an interest towards the coin among market participants.

>>>Liquidity – low liquidity leads to high volatility, so the price may change drastically. High liquidity makes the market less volatile and more stable.

>>>Development of the technologies. If the technology laying in a basis of a currency can’t approached indicated goals, the project will not survive for long. Explore the road map and monitor all the upgrades.

>>>Market news. That’s what can significantly impact the currency’s rate. That’s why it’s important not only monitor news, but to react quickly as well.

                                                I hope this post help for all investors  all the best

there are so many things that you shoyld have in mind whrn you are investing for a long term that you can go crazy

[Healsmans]

I suppose that volumes, value, security, popularity and common trends are important here too. With the help of these indexes I should invest right and long term projects will give an income.

this is so hard to take into account everything that you need to oay attention at, so i think that you should trust yourseld

[Rollesto]

Thank you for this info. I know that the current news surrounding Bitcoin is a critical part to look for when investing in cryptocurrency. Bad news can make the price of the coins go lower. Same if there's some good news. I also look at the news when I will sell my coins.

[azzag0000]

thanks, I really look forward to thread like this. this is a very helpful thread. i hope the other beginners also pay attention to these points.