How do you choose which altcoin will you buy?

[Ashong Salonga]

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

Your question requires a subjective answer. I tend to hold altcoins which I think has a future based on their transaction fee, popularity, trading volume, and roadmap. If an altcoin doesn't have a plan to be developed in the future, then I will avoid to spend time thinking to consider buying some that particular coin. Regarding to your second question, you might be asking for coin offering in which is difficult to give a judgement to and the only person who can ascertain that is you.

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[ragavancoin]

Better to do your own research and firstly you should know about crypto market well.

I always select top 20 Altcoins and in that which is best I select that because even though we invest in that some will 80 % it will be inactive and 20% it will be a scam.

[soramon]

Well there are stable coins out there if you hesitant to pick one altcoin. Go check CMC on look at most stable coin. Do your own research its your decision anyway, i only can give you a few tips.  I hope you make a good decision and good luck

[rahmathidayat93]

Well there are stable coins out there if you hesitant to pick one altcoin. Go check CMC on look at most stable coin. Do your own research its your decision anyway, i only can give you a few tips.  I hope you make a good decision and good luck

Can I know what tips you can give to everyone, because I also want to know tips on choosing altcoin that is really good and stable, because good tips will also be a valuable reference for everyone.

[wozzek23]

When looking for with altcoin I want to buy, I check with how much volume transaction of altcoin it self, if less volume transaction I will not invest and buy this altcoin, check with how many big exchange market listing whit altcoin I buy, if list on shit exchange market never get investing there, now focus with altcoin have higher volume transaction and get listed with many exchange market for listing.

Do you know that a shit project in the making can also have a volume and at the same time enter a very great exchange from the onset which is why we have the term exit scam, some projects are lucky to have hype work for them, they spend money creating lot of advert and hiring influencers to help them create an attractive campaign which will definitely get a lots of users to them, but in the long run, we found out that the project is more of a speculative project and no working project to actually offer the public or make the project to be a sustainable one, so when deciding on projects, I don’t look at the thing you mentioned alone, but whatever project I go for must have these two key factors, a very reliable and verifiable team and a real use case product.

[valuater]

at the moment it's actually hard to choose considering that only old altcoin survives. Old altcoin itself doesn't really bring big profits, it's just good for longterm, especially if obligations like altseason will come again, it's wise to choose a new altcoin that bet on developing their mainnet because I think projects like this are better but this has a big risk, considering too many projects will have their own mainnet.

[kevinzxz]

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.

if I personally advise you to invest in projects about exchange, blockchain and payments, because I am sure in the future the project will still be used by many people and of course the price will definitely increase very high and give you a lot of profit.

[Broiler78]

I see altcoin in terms of whitepaper, team, function and also supply. besides that, look at the development from year to year to be able to analyze in more detail.

[asus09]

I choose altcoin for investing whit short term have update available on market, when active trading I think best time for investing with new altcoin but never faced risk with holding for long term. I like use short term way for trading in new altcoin because many investor buy and trade with new altcoin too, if hold long term I think too risk price could be down.

[Shasha80]

To choose the altcoins that I will buy I usually see from the coinmarketcap website, then choose the top 10 altcoins has the largest
volume. Usually altcoins that are in the top 10 ranked in coin marketcap are very good to buy. If for choosing a good ICO project
I usually do my own investigation, by reading the whitepaper. Then checking the background behind the development team, are they
experienced people. And finally see how they do marketing, should looks convincing. I will be sure to join the project if the above
criteria is fulfilled, the problem is ICO projects now this must be admitted that there are many scams. So we must be more careful
in choosing.

[Pd3929]

Easy...ShareRing (SHR), nothing comes close. Just signed an eVOA with Thailand that will ensure 10 million+ travellers will now use ShareRings technology. Major Partners include also BYD( largest electric auto manufacture in the world, DJI the largest drone maker in the world. App Launching next month. 20 huge unannounced partners also...Price is still 0.003. Going to be huge 

[Alohadanc3]

Firstly in this market there are a lot of coin available. And many of them have huge potential.  And it's really hard to find them all or most of them. I started form  YouTube or Telegram group . Anyone talk about some coin and if I never heard of that then I started to search it. That's how I start searching. And one more way I always follow coinmarketcap's new coins list. After that I see their website and go for whitepaper. And if I liked the project then I joined community like Twitter or Telegram channel. If everything seems fine and I think that that project and people behind them are  trust worthy ,then I go for it. But I did many mistakes and I know I will do more. But still till now investing works fine for me.

[tvplus006]

at the moment it's actually hard to choose considering that only old altcoin survives. Old altcoin itself doesn't really bring big profits, it's just good for longterm, especially if obligations like altseason will come again, it's wise to choose a new altcoin that bet on developing their mainnet because I think projects like this are better but this has a big risk, considering too many projects will have their own mainnet.

I stopped investing in new tokens a long time ago, because they did not bring any profit. I realized that it is better to invest in an already known altcoin than to try to find a promising and yet unknown project. Investing in the TOP 20 is as reliable as investing in bitcoin.

[FireBallex]

I'm fully into the performance of a coin, unless if they are new then I will take extra precautions, the best performing coins can be detected if they are carefully watched, the best ones today are eos neo and bnb, they became very cheap days ago

[crypto595]

If a coin is going to survive long term it needs to become a national currency.
Thats the future.
Look at TemTum, in talks with Anguilla and more countries still to be announced.
i can see TEM going $1+ when the news hits.

[roaringunknown]

If a coin is going to survive long term it needs to become a national currency.
Thats the future.
Look at TemTum, in talks with Anguilla and more countries still to be announced.
i can see TEM going $1+ when the news hits.

I've also been hearing a lot of good things about TemTum on the forums lately.

[amonymous]

First you need to learn market situation of this crypto then you will choice a good coin.

Actually without skills bad coins will never your profitable so absolutely necessary for learning market position. Go to the coinmarketcap then check which coin best your mind then take long time i hope your coin will more profitable.

[irixo10]

There are many good coins which have good future as well. As for me the first thing I consider is the idea of the project and most importantly if it is achievable or not, this is what I think defines if a project will have bright future or not. Funny enough, examples of these projects with bright future is mostly major altcoins such as ETH, and so on. Although there are upcoming projects which are good at the moment but they still needs more time and improvements for people to ascertain if they will last long term, have bright future or not.

[lienfaye]

There are many good coins which have good future as well. As for me the first thing I consider is the idea of the project and most importantly if it is achievable or not, this is what I think defines if a project will have bright future or not. Funny enough, examples of these projects with bright future is mostly major altcoins such as ETH, and so on. Although there are upcoming projects which are good at the moment but they still needs more time and improvements for people to ascertain if they will last long term, have bright future or not.

Majority of new coins existing nowadays has the same purpose. You cant see its use case that can solve real problem thats why it turn shitcoins. I prefer to invest in top altcoins because it is proven to be a safe investment (well atleast for me) compared to new coins sprouting because you dont have to think negative that it can turn to shitcoin or cant recover if the market turns bearish.

[DonFacundo]

Finding new project is risky, it could turn a scam project in a few months if you don't do research. Still better to invest top coins like in the coinmarketcap because there are good for long term investment.