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RapTarX (OP)
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June 05, 2019, 02:21:40 PM |
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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.
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Adriano2010
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June 05, 2019, 02:27:21 PM |
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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.
Well try to see how much value a coin over time and how much value now, and see how much supply has and if there is enough order to buy it, and if community is active and you can try invest on. |
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jazmuzika217
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Activity: 476
Merit: 12
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June 05, 2019, 02:29:48 PM |
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Before investing your money in any altcoin project make sure you know the concept or goal of the project if its for long term or mid range term because not all altcoin are legit project. As of now my favorite altcoin are EOS, IOST and TRX you can check this altcoin goal and how this become my favorite.
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semes
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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 is no certain factors in here. Because there is no certain rules in market. We can talk about here all day long. But we always decide that everything is various. Sometimes a good news can rise altcoins but sometimes more than 10 news can't help. So here we are. Market is full of risks. You have to be always careful. We all have to. But with some luck, everything will be good. |
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cryptofirm
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Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
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June 05, 2019, 03:17:25 PM |
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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.
pick an altcoins with strong community and active development inside the project my friend for example EOS and IOTA besides ethereum anyway if you hold btc and eth, i think you already hodl the best crypto and the best altcoins in your bag now |
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rizkyhiw
Legendary
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Activity: 1484
Merit: 1004
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June 05, 2019, 03:41:39 PM |
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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 is no certain factors in here. Because there is no certain rules in market. We can talk about here all day long. But we always decide that everything is various. Sometimes a good news can rise altcoins but sometimes more than 10 news can't help. So here we are. Market is full of risks. You have to be always careful. We all have to. But with some luck, everything will be good. Not because for me the media like everything else is just a supporter because the media sees altcoin from its potential, there are good teams and very good relationships with each partner, don't beat every altcoin because I see there are many who have the potential to be extraordinary from top rank, the rest analyze from any aspect because it can make prices rise because it is hope for the future. |
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coinswebid
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June 05, 2019, 03:58:36 PM |
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Before investing your money in any altcoin project make sure you know the concept or goal of the project if its for long term or mid range term because not all altcoin are legit project. As of now my favorite altcoin are EOS, IOST and TRX you can check this altcoin goal and how this become my favorite.
and for sure, before investing we should knew about the team member, because a project will success or not, mostly depends on their team member my friend, if the team serious with their project, i'm sure they will do the best for their project anyway EOS is a good choice |
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Prolifik
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June 05, 2019, 04:07:41 PM |
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What about these factors?
Decentralization is on the frist place. Creators shouldn´t have more than 10% of total supply.
Proof of work consensus is currently the most safest one.
Listed on Binance, to prevent low liquidity.
Useful altcoin with diffrent use than Bitcoin.
User friendly.
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bluesnup
Jr. Member
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Merit: 1
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June 05, 2019, 04:32:10 PM |
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This is what i do
1- Look for the team. get know the founders, developer and the community see the intentions and goals
2- The product. Is it useful? Do you need it ?
3- Timing. There are moments when we are going through some harsh market and it's better to stay away
4- Price. Usually the price will tell you the range of your earnings cheap coins will get you more profit but are harder to predict while others with a decent price won't get you that much but it's relatively easy to predict.
Here i'm copying my list of alts from a previous thread that i'm hodling
- Switch [ESH] Switch.ag token that represents fees from switch.ag and switchdex.ag. You get more tokens and ETH at the end of the month, meaning a constant investment and profit.
- Binance Coin [BNB] Even though this one is already known i still think that it will keep growing, just a good token that has way too many benefits.
- OriginTrail [TRAC] I believe this is a great project they just need more time they got enough contacts and partnerships to keep growing i believe in the same period of 2-3 years
- These 3 i like to do some constant trading since their price is usually really volatile THETA, WAX and ENJ
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blueteam09
Full Member
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Activity: 664
Merit: 100
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
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June 05, 2019, 05:06:56 PM |
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The first factor is Altcoin's first exchange listing time. It's trading block and liquidity of Altcoin. The number of exchanges has listed and the rate of difference between exchanges. These are my suggestions and hope that helps you in choosing Altcoin.
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ahmia39
Sr. Member
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Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
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June 05, 2019, 05:23:31 PM |
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Now the way to consider it is very easy, namely by looking at a number of altcoin-altcoins that are often in the top list in some markets, and see which one highlights the price to go up, and what you hold is also a very good coin, BTC and ETH.
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florac9
Jr. Member
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☀️ Iskra Coin ☀️
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June 05, 2019, 06:40:01 PM |
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You've made the right choice already by investing in bitcoin and ethereum but if you aren't satisfy just do some research on top altcoins ,its more safer if you invest in popular altcoins ,they've been around for long time and there have been many upgrade since there release ,coins like xrp ,monero ,ada ,eos ,neo are all good altcoins ,they have real teams
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☀️☀️☀️☀️ ISKRA (CCOH)- Crypto coin of hope | An innovative method for supporting children around the world ☀️☀️☀️☀️
https://iskra-coin.io |
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michellee
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June 05, 2019, 06:53:31 PM |
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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 think you can choose from the top 10 coins at the CMC and that will be enough for you to invest if you want to hold it for a while. That list will increase higher because I see that the chance for the top 10 coins will be bigger than the other coins. In the top 10 coins, you can choose more than 2 coins for the investment, but I don't think that there is the best altcoin because ever altcoin will have the chance to be the good coin in the future. |
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fapar
Sr. Member
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Activity: 1414
Merit: 267
Undeads.com - P2E Runner Game
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June 05, 2019, 06:53:38 PM |
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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.
It depends on what purpose you pursue: hold or profit now. If the first, then I advise you to leave in your financial portfolio BTC and ETH - buying for them other altcoins/tokens now you can blame yourself in the future when the BTC/ETH outgrowths and altcoins will fall in relation to them. If the second, then participate in exchange IEO (not all available funds!!!) - "play" but do not be greedy; there is a great chance to increase your depo. |
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DeepChipolino
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Activity: 658
Merit: 11
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June 05, 2019, 07:14:00 PM |
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Here, many are guided by fundamental analysis. I prefer to use TA. If you do not know the technical analysis of charts, then this is not your way.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.
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Bttzed03
Legendary
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https://bitcoincleanup.com/
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June 05, 2019, 07:23:23 PM |
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My short answer is that anything that you think you can actually use. Not just for trading but also something you can use in your day-to-day transactions.
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target
Legendary
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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June 05, 2019, 07:30:57 PM |
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Here, many are guided by fundamental analysis. I prefer to use TA. If you do not know the technical analysis of charts, then this is not your way.
The fact is that TA are an objective past. Based on this past, you can build your trading/investment system.
Since very few crypto projects are successful, it is unclear what determines the success of a cryptostartup. Therefore, the fundamental data for crypto project are subjective and do not have historical accuracy.
If I like TA of chart, I look for confirmation in the FA to make a decision.
OP doesn't sound like a day trader so he must mean which altcoin to hold besides the eth he is holding. If he intend to hold ETH and BTC he might also be interested to hold EOS as its almost the same thing with ETH. A factor to consider with EOS is that it has already built its own ecosystem same as TRON. So there you go. EOS and TRX would be wise to invest with. |
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adzino
Copper Member
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Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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June 05, 2019, 07:34:38 PM |
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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.
Both ETH and BTC are safe and reliable. I would suggest you to stick most of your investment on those coins. Other than that, go to coinmarketcap. Check for the top 20 currencies. Look out for coins that has potential to grow. Invest on those coins. You might find some coins with extremely high percentage rise in 24 hours. Those are just some shit coins being manipulated by the developers. Avoid those coins. |
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jackflag
Sr. Member
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Activity: 630
Merit: 250
Glad to see you
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June 05, 2019, 07:36:17 PM |
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You should always pay attention to the product of the project. This is the most important thing for me. Also, the price of the project and who its developers are important. And the last is the number of users. Following these factors, you can make a choice.
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kcrypto77
Newbie
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June 05, 2019, 07:37:04 PM |
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I do have some DROP. it is on 240 on the Rank.
It is an autonomouns trade coin, it gives 2% every 15 days. Right now it is at a good price.
The KYC is a little boring as it takes several steps to got it done.
It seems a good investment for me in long range! take a look at Dropil on Google seach and you will find more information!
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