Value investment tool for altcoin

[GatotKaca]

I think the prospect of cryptocurrency is very good. Now the investment in cryptocurrency must be profitable, but there are thousands of altcoin on the market, and there will be more in the future. At present, many are scams, and the value will be zero.
I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

see their whitepaper, there are lots of information about goals, vision, programs, founders, organizations and many others you can know. clear goals and good vision and mission is the best altcoin added by its founders who are able to make the project grow. You should read and research yourself, do not depend on other people or easily trust others. better browse and analyze it yourself.

[LilyCici]

it's hard to make a choice now, because the market is still not so good, so for next year there will be lots of coins that can be invested, only if the coin does not care about the price of coins that have been circulating in the market, it will not be good for investment choices, so just wait next year.

Shouldn't be entered at the worst time in the market for value investment ? I think it is very bad now. All the prices of the coins are much cheaper than before , and many people think that it may be up next year. If you really wait until next year's big rise, I will be afraid that it will be too late.  So if I want to find a good tool or method before the bull market, do an in-depth analyses, so that I can start at the right time.

[Bessta]

I think the prospect of cryptocurrency is very good. Now the investment in cryptocurrency must be profitable, but there are thousands of altcoin on the market, and there will be more in the future. At present, many are scams, and the value will be zero.
I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

You can do your own research about the altcoins that are worth investing. It is true that there are thousands of altcoins that are available in the market, but that doesn't really matter at all. And the number of altcoins in the market does not affect the performance of the other coins.

[LilyCici]

I think the prospect of cryptocurrency is very good. Now the investment in cryptocurrency must be profitable, but there are thousands of altcoin on the market, and there will be more in the future. At present, many are scams, and the value will be zero.
I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

see their whitepaper, there are lots of information about goals, vision, programs, founders, organizations and many others you can know. clear goals and good vision and mission is the best altcoin added by its founders who are able to make the project grow. You should read and research yourself, do not depend on other people or easily trust others. better browse and analyze it yourself.

The white paper does have some information, but now many deceptive projects are written by others, even the team members are also famous. If you give more money, you can find a good writer to do this. It’s also looks very good, but it’s just a dream, it’s not going to happen. In fact, I’ve heard that several projects are like this. Some project parties have been successfully in ICO, they have already gone to the exchange, and now they have been running around with money. Some projects are not on the exchange, but they still continue to change their vision and whitepaper and continue to ICO. It is easy to lose money when investing in such projects.

[richmcrich]

I think the prospect of cryptocurrency is very good. Now the investment in cryptocurrency must be profitable, but there are thousands of altcoin on the market, and there will be more in the future. At present, many are scams, and the value will be zero.
I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

To find out good coins, you must need lot of time and dedication. Because, you need to go through steadying lots of projects and analyzing their future plans like roadmaps and everything including white paper. You cannot expect this community will be answering you exactly as people will be suggesting you what they have invested and for what they are working. It means most of the them will give non-reliable suggestions. Doing your one research will be the right solution.

I must appreciate you that you have predicted right about the future of altcoins. That is the reason you are coming forward to start investing with cryptos. It must be a great decisions of your lifetime but you have lot of other tasks in front of you. You must take time to solve those by start studying  more altcoins and projects.

[bitcoinst]

I see the value of such a tool only through technical analysis, it shows what is really happening in the market, what levels of support, and whether there are sellers in the market. Everything else is too subjective.

[Benarand]

Everyone has his own opinion on this or that coin in which to invest. Many coins in the future will disappear from the market. But you yourself must determine the procedure for determining a successful coin for investment.

[LilyCici]

At present, I mainly analyze altcoin from the following aspects.
1. Community: User status of projects including facebook, Twitter, medium, and stackoverflow
2. Forum: It is mainly to see the emotional situation of users in the community, to see if everyone supports it.
3. Github: Almost all project code is submitted on this, see if there are many developers in this project that are continuously developed.
4. Media: View project-related progress and activities, business applications, etc.
5. Price: the relationship between price movements and the market, trading volume, liquidity, market value, etc.
6. Exchange: Which exchanges can he trade on? Is the exchange known and reliable?
Do you think enough？I am looking forward to your better suggestions, thank you

[ned.ryerson]

everyone wants to know in advance those things you are asking about. but no one will tell you that. these are all assumptions and subjective thoughts

[Kawshies]

Of all the new altcoins that are popping up, only a few of them give a profit. I don't think there's any tools that can determine which altcoin are worth the investment. If the tool were there, everyone would be rich, because it always profited.

[LilyCici]

everyone wants to know in advance those things you are asking about. but no one will tell you that. these are all assumptions and subjective thoughts

Yes, so I summed up a few key aspects that I think are more important, and then analyzed some altcoins. I don’t know if it’s relatively objective.
1. Community: User status of projects including facebook, Twitter, medium, and stackoverflow
2. Forum: It is mainly to see the emotional situation of users in the community, to see if everyone supports it.
3. Github: Almost all project code is submitted on this, see if there are many developers in this project that are continuously developed.
4. Media: View project-related progress and activities, business applications, etc.
5. Price: the relationship between price movements and the market, trading volume, liquidity, market value, etc.
6. Exchange: Which exchanges can he trade on? Is the exchange known and reliable?

[LilyCici]

Of all the new altcoins that are popping up, only a few of them give a profit. I don't think there's any tools that can determine which altcoin are worth the investment. If the tool were there, everyone would be rich, because it always profited.

Tools may not help us decide which currency is worth investing in, but it can help me collect big data for analysis, preferably decentralized, which may have some reference value.

[fullhdpixel]

I believe that the only tool that can tell you in which coin / token you need to invest your money, and in which not, is your brain.
You are right, now there are more than 2000 coins and tokens and 95 percent is rubbish and fraud. To choose a promising project, you need to think very well with your head and be able to analyze.

Yes, using our brain must be the right way of finding potential altcoins. We cannot expect anyone will be suggesting good things for free of cost. I mean not all people will not be suggesting good here but there are only 50% of chances for accurate predictions from this community. So, it would be much better to go with our own skill set. Once we start studying and analyzing coins then we will gain experience then we can easily find good potential coins by our own.

Still, this community could be used as a first layer of filtering out. Like, take the suggestions  from people here and then go for studying them. Do not rush for your investment with the blind suggestions.

[LilyCici]

Yes, we should not believe in any personal advice, but I think we should do some big data analysis, which may be more comprehensive and in-depth response to a project.

[LilyCici]

there are a lot of new blockchains on the market now and we need to monitor their development and how their team will work. it is too early to say that someone of them will be able to replace Ethereum

It is still very difficult to replace Ethereum in the short term. After all, there are many developers in Ethereum, but it is still possible to create the next myth and become the next hundred times altcoin. I just hope I can find and invest it;)

[Yamifoud]

it's hard to make a choice now, because the market is still not so good, so for next year there will be lots of coins that can be invested, only if the coin does not care about the price of coins that have been circulating in the market, it will not be good for investment choices, so just wait next year.

We even look better today as the price isnt that much expensive and just to level of the local currency value.  It is not so important to have a high value in the market but to consider its valuable place in the community, if it provide good profit and not just losing due to its volatility.

[paulk11087]

I believe that the only tool that can tell you in which coin / token you need to invest your money, and in which not, is your brain.
You are right, now there are more than 2000 coins and tokens and 95 percent is rubbish and fraud. To choose a promising project, you need to think very well with your head and be able to analyze.

One hundred percent agree. There is no other tool to use other than your own brain. There's nothing he can't do with his own brain. so we must continue to learn until we make our own decisions.

[magnat7691]

When trading on the exchange can not be greedy, you should manage risks and do not invest the entire amount in one currency.

[oho]

The tool of choice, of course, is your own! You need to learn how to independently analyze cryptocurrency!
There are a few highlights:
1.Idea
2. Team and consultants
3. Roadmap
4. Social networks (popularity)
5. YOUR FEELING
These are basic analysis tools, everything else will come to you with experience.

[babsjoe]

Altcoin is a very slippery ground for investing as the volatile nature of altcoin market is greater than that of bitcoin and the rated altcoin with decent value can become Zero in matter of hours. I will say look before you leap!