Factors to consider to pick the best altcoin

[Sithara007]

I have until today there were doubts about the project Ripple, and after the news about what the result of a hacker attack, the users of the service GateHub lost 23 million XRP. I do not recommend to buy this coin.

I have always considered Ripple as a shady currency, because there are no stats on the distribution of coins. GateHub has confirmed that XRP tokens worth close to $10 million were stolen by the hackers. More than 100 different wallets were targeted and this means that the hackers exploited a bug within the XRP system. And the latest information is that at least 55% of the stolen tokes have been laundered so far.

[Mighty_crypt]

I like picking projects that has better chances of surviving long term ,good road maps and hardworking teams with pro background ,they will be willing to lists on higher exchanges only and the coin must have a working product ,that's the only way it will keep having value over time

[Emmy92]

In my own understanding, the first factor is the team behind that project. You need to check their relevant experience as well as their Advisors to be sure they have the power to drive the platform. Secondly, you need to check the project itself to see if it's achievable by that team, then check the community and how effective they are. I think these will help you make the right choice.

[TopT3ns]

I like picking projects that has better chances of surviving long term ,good road maps and hardworking teams with pro background ,they will be willing to lists on higher exchanges only and the coin must have a working product ,that's the only way it will keep having value over time

In past i do that too. Usually i pick project that related to VISA or gambling site. Because both of it can be developed and can survived. About gambling site, as long they still open their services, i think their coins will always can be used.

[Gayong88]

Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Most people dominant like to BTC and ETH, other allcoints also have potential prices on the market. check the ranking of market capitalization, transaction volume, available supply and other supporting factors.

[kingpin4321]

I once used to have factors to consider when I was selecting an altcoin but until the bearish market turned up and should the vulnerability of altcoins and initial coin offering projects now my factor are you must at least have an average reputation

[dataispower]

I think you should consider TRX, there has been many dapps built on TRON blockchain and also many advancements which gear towards adoption slowly. Also look at EOS, the developers are really doing great, for instance VOICE social platform released recently proves this. Other good picks are ICX, NEO, WABI, VET.   Note that these are just my picks, not financial advice.

[Flezy]

I think the first criteria to look at is the idea behind the project or coin, how unique is? What is it trying to solve? Also, you will have to check the team to be sure they have the needed experience in order to fulfill their mandate.
The last point is about the community that is twitter, Facebook etc , how active it is and so on will tell you how active the team is too.

[bitc0000]

For an altcoin to be good or best as stated by you, the team have to be good or the best to. This is because, it is what they know that they will offer or put to use, thus the altcoin. So that is to say, the team matter a whole lot in any project thereby the most important factor. Another factor is Community or instead the social media platforms and how active they are.

[spydee1522]

Picking the best altcoin is key and very important to note. There are a lot of factors to considerably when choosing the best altcoin but the most important one's are, hard work and research. The one who is good at hard work is not lazy at researching. Being able to do a massive researxh about the altcoin, the team behinds it, the projects value and the projects support system is very important and also how the team respond to their social media handles.

[Hypnosis00]

Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Maybe you are but I know that you some point of views and ideas which gives the best among the others. Isn't new for you to hear ETH, XRP, and EOS, looking into their market volume will simply make you get interest in investing with them. It is one factor that we have to consider and choosing the valuable coins will make you profitable and investing those cheap coins where we don't know if it will weak-up or totally be dead.

[udidrone]

Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Don't have new coins to promote for now because a lot of speculation in it. But i do hold Bitcoin and Ethereum too, btw Ethereum is altcoin too right so it is already suggestion maybe. I always do that thing.

[martabaktelor]

Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

There are still many coins that have very good potential besides Bitcoin and Ethereum. And you can monitor market conditions to get potential coins. I suggest that you buy the top coins better. Because the top coin has a very good trading volume. Like XRP, EOS, BNB, and LTC that this coin has very good potential and very high trading volume.

[shannelcoin]

Of course the factor you nedd to consider to pick a altcoin are having a good quality of product and having great platform also a team behind that altcoin. That's why it's important to make research before you invest in any altcoin.

[princeyeboah]

One of the best ways to pick a right altcoin to invest in is to look out for the product of that altcoin. Check out the demand level of the product of that altcoin because cryptocurrency is largely influenced by the principle of supply and demand. The larger the demand, the higher the value or the higher the chance of the coin surviving on the market.

[dobolspeed3]

One of the best ways to pick a right altcoin to invest in is to look out for the product of that altcoin. Check out the demand level of the product of that altcoin because cryptocurrency is largely influenced by the principle of supply and demand. The larger the demand, the higher the value or the higher the chance of the coin surviving on the market.

Can you mention some altcoins like what you say. Maybe what you say is very interesting and I am very curious about altcoins that have products. It's true, the more requests the higher the price of the altcoin will be. So I want you to say what altcoin is, thank you

[bgaf]

Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

I sugges you hold that first. Dont be too reckless on putting it on alts cause it is very risky. Me, Im dumping some of my alts if I got a good deal on exchanging it for btc and eth. Im feeling very bullish about eth and btc especially many projects are now introducing their line. Im shocked when facebook is really pursuung their cryptocurrency project, thought it was a myth. If they will do an ICO then joined them probably an alt that will soar high.

[Msworld83]

We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .

[jcarlo]

Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.

Beside Bitcoin and ethereum, i holding several altcoin. I am holding ICX, NEO, BNB, Elastos, and Pchain. I think there is a lot worth altcoin and having working product. My factor when choosing altcoin is the developers team behind and have good partnertship with big company

[cahbagus555]

We have lot of factors to consider when selecting best alts to invest in which some are ,

The team is one which stand to make the project succeed and that will be the driving force for the success.

The volume in which the alts is generating in exchange which I think is the real deal that makes some that are very conversant with day trading to get in , also the product of the alts which they are using as the goal to the community is also very much reason we should invest in them .

We have so many reason but always do yr research on both FA and TA as majorly we are all in for profit .

Indeed, a lot factor to consider before choosing best altcoin. The main factor beside developers team is good partnertship with big company. If the project have partnertship with company like IBM or Microsoft, investor must be want to invest