Too many coin in circulation

[bitkanu]

More the coins are in market makes more competition! I think its good to have too many coins in circulation.

Agreed, but the problem is there will be lots of scam coin in the market as well and this will be disrupting the crypto ecosystem as the newcomers who have been scammed by the scam project will give a bad review about crypto.
I have seen that so many times the scam projects were scamming the newbies and these newbies were saying crypto is bad enough.
As long as there will be more and more legit coins and that should not be a big problem.

[Luffygroove]

nice insights, If I may add probably these things could help too :
a. The developers, you can do some check and re-check regarding team members and developers or any information about them. If it's reliable and makes sense it can be a good sign
b. How precise the roadmap and reality or may I say the achievement. A good developer usually will try so hard to make sure the road map is fulfilled.  Even though it's not 100% precise, at least it's not that far from the road map that has been planned. Good developers always attract people to invest.

[Golftech]

nice insights, If I may add probably these things could help too :
a. The developers, you can do some check and re-check regarding team members and developers or any information about them. If it's reliable and makes sense it can be a good sign

Developers are very important if they are reliable then the project is in good hand, you can

take them as a little assurance the future of their creation is very possible to succeed.

b. How precise the roadmap and reality or may I say the achievement. A good developer usually will try so hard to make sure the road map is fulfilled.  Even though it's not 100% precise, at least it's not that far from the road map that has been planned. Good developers always attract people to invest.

Roadmap is your main basis if the team is true to thier set plans, if they keep progressing and

from time to time they are providing updates, it's also a good sign that the project will manifest.