Alts you won't invest in

[voltesbit777]

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.

According to those you mentioned alts I don't bet on them especially the stellar I have not found a project to use their platform which is as good as its price on its stellar platform, instead, I prefer Xem , Eos, Kcs, Tky, and Dgb and others. So be careful about buying coins so that we are not happy to invest as a trader in the crypto business.

[NathanJB]

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.

The typical question "what coin should I buy?" is much more reasonable asking than "what coin I should not buy?" There are almost 3,000 coins listed on coinmarketcap alone. Outside CMC, there are probably a thousand more. So how should you answer "what coin I should not buy?" That would be a very long list.

When I answer "what coin should I buy?" with BTC, ETH, LTC, XMR, BNB, EOS, Waves, BAT, and SC; that would automatically mean that the rest are coins I should not buy.

[Vinalians]

I don’t really understand why you hate TRX(tron) while it is good to have it. Cheap and a good coin for me though they have some issues going around I still have them. The coin that I would never buy is BITB and Redcoin, I really don’t know why people are buying it but I don’t really recommend it though it is on some major exchanges they have no really product or service at all.

[Cheesus]

I would not buy any new coin, for trade or hodl, I will buy established high ranked coins like Bitcoin, Ethereum, Litecoin, TRON, BNB, LINK and so on. I will not buy Stellar, ADA, Ripple, BCH, BSV types coin. Because I need profit from my investment so I think these coins are not profitable for me.

[Inkdatar]

I don’t really understand why you hate TRX(tron) while it is good to have it. Cheap and a good coin for me though they have some issues going around I still have them. The coin that I would never buy is BITB and Redcoin, I really don’t know why people are buying it but I don’t really recommend it though it is on some major exchanges they have no really product or service at all.

I have some this red coin and no value until now if only I won’t invest in this coin. Actually there are many who buy and hold TRX because of the value and it’s development on their project so I also hold this some in my wallet.
Many alts is not worthy to invest so might as well let’s buy on top and popular coins.

[trumpman]

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.

For me airdrops aren't necessarily a red flag, especially when their are given in exchange for something, like for example votes in exchange listings, sig campaigns and other marketing efforts. I can give you plently of examples of coins that were largely or entirely airdropped and still do fine today even in this bear market.

For me, the biggest red flag is when I see a dev that has a track history of creating and abandoning new coins every few months.   

[javanx3d]

I've had a love/hate relationship with TRX since they first came out. I've made some good money on the swings in the past but got off of the train in the BTT timeframe. Always watching it though. Justin Sun is a salesman's salesman.

[ajqjjj]

I would not buy any new coin, for trade or hodl, I will buy established high ranked coins like Bitcoin, Ethereum, Litecoin, TRON, BNB, LINK and so on. I will not buy Stellar, ADA, Ripple, BCH, BSV types coin. Because I need profit from my investment so I think these coins are not profitable for me.

These are secure investment in crypto platform, at the same time many investors are concentrate trusted platform also because any new altcoins or token launch in Binance or Bittrex. It will make good profit on short term so many investors are join these kind of investment. I think majority of the investors are follow your way but these are make quick profit.

[xiboothrezi]

I would not buy any new coin, for trade or hodl, I will buy established high ranked coins like Bitcoin, Ethereum, Litecoin, TRON, BNB, LINK and so on. I will not buy Stellar, ADA, Ripple, BCH, BSV types coin. Because I need profit from my investment so I think these coins are not profitable for me.

Me, too. New coins and tokens are too risky for investment now, except for those that really have the power and are supported by the big exchange with the popular IEO strategy lately.
I am more inclined to short-term investments, so I often see in a short timeframe, if there is an opportunity then I will enter the market. TA and FA are needed, monitoring the volume and determining the right timing. Falling prices in most of the top altcoins also provide a great opportunity to bounce higher, our job is to analyze it well to get momentum. Well, altcoin that needs to be considered is, of course, ETH, besides XRP and XLM. XLM is actually quite potential because of its use as an alternative cross-border payment.

[Fredomago]

Snip

The typical question "what coin should I buy?" is much more reasonable asking than "what coin I should not buy?" There are almost 3,000 coins listed on coinmarketcap alone. Outside CMC, there are probably a thousand more. So how should you answer "what coin I should not buy?" That would be a very long list.

When I answer "what coin should I buy?" with BTC, ETH, LTC, XMR, BNB, EOS, Waves, BAT, and SC; that would automatically mean that the rest are coins I should not buy.

The idea of finding which coin to invest or not to invest relies with how far you are willing to do your research. There are many risks to consider, like sorting it up to where you can filter projects that is considerable to invest your money. It's not easy to stay away from scam projects which have a good marketing strategy, a hype that effectively attracts investors' eyes. Though by keeping track the progress, it will give you ideas if things are just artificial or it's really happening as how the appreciation should be from the market. Point by point, it will decrease the number of  your selected projects. Together with that, you also lessen your chance of being stuck with projects that doesn't have any future progress.

[Neo.op]

I would never invest in TRON and tron backed cryptocurrencies to be honest. It may have a great market cap but do you see how tron backed projects do? To give an example, WINK has 1-2 BTC volume which should be delisted soon. Before, I trusted TRX and it made me disappointed everytime I bought it. Even Justin Sun's talks were making it lower and lower.

[skarais]

~Snip

Tron is currently 14th in the Coin Market Cap.  Trading volume can foster investor confidence.  But for those who feel disappointed it might not be easily influenced again.
I have never bought TRX, and with your experience can be a lesson for others to better consider.
Every investment or trade has risks, everyone already knows that.

[javanx3d]

That used to be my queue to sell...whenever he had a webinar early on

[lobat999]

Generally speaking, don't ever consider buying alts that don't yet have a working product or their Github has no activity yet for the past several months especially if the project had started for more than a year now! Come to think of it, why would we ever buy alts that don't possess any value but is only pure in form but have no substance or product and mostly being used as a speculating tool on exchanges where it is listed.

I know some of this projects are only waiting for the right time to cash in and will do their exit scam strategy. So let us all beware of this!

[DaMut]

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.

Ripple once was distributed via airdrop. Look at this coin now - top3 of the whole market and lots of perspectices in future.

that is true,
Giveaway is kind of promotion, do not underestimate it. Yes, Stellar doing multiple giveaways but they have their own reason to do that.
they wanted to reach non-tech or non-crypto users to understand how it works and how to use it by sending them a giveaway, they have stated it multiple times before.
and I do not believe that giveaway would severely push the price down. A wide distribution could help the project in gaining trust from the community,
for me Stellar is a good coin, and this is one of the reasons for me to buy it more after the giveaway ends.

[pandanaran]

it is quite risky to choose an option in altcoin which tends to have no further price development, right now I prefer coins and altcoin which are clearly on the market list as listed in the top 10 on CMC. This is to minimize losses and new coins always endanger users, they often lose value in quick calculations, especially when they are newly listed on the exchange.

[Bitbtc8]

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.

I would rather invest in btt tron stellar and peercoin instead of projects coming into crypto space this days, every good projects have given out part of there coins and tokens out for free and this doesn't mean the project don't know what they are doing, its part of the process of creating better adoption

[Strongkored]

I don’t really understand why you hate TRX(tron) while it is good to have it. Cheap and a good coin for me though they have some issues going around I still have them.

Having them base on price I think is ridiculous then ETH BNB LTC XMR etc not worth having because the price more expensive than TRX.

I wouldn't to invest in Alts based on ETH Platform mostly there are garbage and not worth to save it.

I have ETH DOGE besides BTC, and I try to stay away from shitcoins or garbage.

[Ailmand]

Airdrops are done for promotion and developers being generous eneough to conduct an airdrop either means they want to promote the projecf and gather new investors or to reward those who are holding their token. The project everyone should avoid are those project who has a slow development and no market volume, in short those who are dead coins.

[taufik123]

A lot of shitcoin that makes people stuck to buy it and then suffered a lot of losses. Coins or tokens that are not supposed to be purchased are coins that do not get full support from the developer and do not develop. But if BTT, Tron and Stellar are categorized as inappropriate coins for investment, in my opinion it is not true. for example tron ​​has good technology that is able to compete with ETH. I made a fortune after investing in Tron and Stellar. but for now it is not possible to invest in altcoin, because the market is falling and the dominance of bitcoin is getting stronger.