how to choose a new coin

[Profesor_kodok]

as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

[OgNasty]

Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?

If the answer to any of those questions is “yes” then you should probably choose a different coin.

[auroboros]

My advice, do not choose a new coin if you want to use it for long-term investment. Choose altcoins like Ethereum, BCH, and others that have long survived in the crypto world. But if you are a scalper, then of course new coins are more profitable in terms of instant profit. But choose the really good one. Read the possibilities and markets in the existing real economy, so that you will more or less understand the market flow of the project, so you will know whether the project will be an interested project or not.

[joerogers8]

I stalk the Telegram channel for a week or two just to see how its flowing and see how many fan boys are in there.  You need a good community when things get tough.  Once the Telegram is good and the project is good I usually jump in.  Its mostly a crap shoot. 

[bttmember]

You need to follow some professional investors on twitter, they do post yheir recommendations, then you can do your own due diligence and read the chart too before investing.

[chenczane]

as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

Check twitter, follow good investors. They will tweet something, a good ICO. Other options, check an ICO that has a great project and a good rating. Check their roadmap and whitepaper. If you want to buy a coin in the market, always look at the circulating supply and the volume and check if the trade is active. A good circulation is a good coin. But remember, always be sure when picking an ICO. There will be risks and your money is on the line here.

[Liquidathor22]

It has become very difficult to do now. Now there are a lot of scam projects and it's very difficult to compete with them. It seems to me that there is no point in investing in new projects, as long as there is no system that will recognize good projects like Menlo.one.

[gazilla]

There are many ways how one can do it but you have to be extremely careful as there are a lot of either scam projects or even projects that were not thought well, either ways poses a dangerous investment.

[Lacoste]

as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

Look at BTC, ETH, EOS, NEO, ADA, XLM. This is a good coin for you to invest.
But you know, you can not expect that today you put money on it, and tomorrow your property will x2.
This is the game of patience.

[Lambervenr]

I spend a Telegram channel for a week or two to see how it flows and see how many boys are fans there. You need a good community when things get tough. Once the Telegram is good and the project is good, I usually jump. It's basically a crap shoot.

[alpha_m00]

I'd suggest investing in some of the top coins listed on coincap.io. You can also see how well they have done in the past in their phone app to help you make a better decision.

[StGermain]

as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

If you are thinking about invesment, I think that tokens may provide a better opportunity for you than the coins. Coins are chains and there are too many, tokens are projects.

[ToddDiaz]

There are quite some things you might want to look out for before deciding whether or not to invest in a coin, depending on what interest you. For me, aside doing my own analysis, I like to see what the majority are saying about the coin. Is it positive? has the coin been listed in any of the exchanges? how good is the whitepaper/ who are the team members behind it? and a host of other quetions.

[BitcoinFotw]

What coin are people talking about the most around you? what are they saying about them? Does it have a good team behind it, and is the project worth investing in? This are some of the questions that you might want to ask yourself before investing in a coin. If the answers are positive, you can then trust your intuitions, otherwise, stay clear.

[Valentina N]

Hello! You know here on this forum you can find a lot of advises but I will recommend to you living only by your brain because you never know who and why recommend to you something! Definitely if you are newcomers the read forum but attentive!

[Charloz24]

I'm prefer analyzing interesting current ICO to invest: Private Sale or Pre-Sale. Also I'm choose coin if this project have a nice partners or working product

[worldofcoins]

I'd suggest investing in some of the top coins listed on coincap.io. You can also see how well they have done in the past in their phone app to help you make a better decision.

Yes, checking on websites like coincap.io or marketcap is a good way to decide which coin to go for but must be careful of the coins which are being pumped and prepared to be dumped.

[coinstars]

I suppose it depends on what you're trying to do with the altcoin. Are you looking for a quick flip, or long term investment?

[Specctrall]

it depends on different reasons. now when the market is falling I think that the best coins for investment are bitcoin and Ethereum.

[prukerohen]

It's better safe than sorry, and for this reason, I prefer going for top coins that I have seen good reviews on, rather than going for new ones, or those I rarely know about.