Criteria for Choosing Alt-coins to Invest In

[blockman]

For the scam investments, we've been with them for so long and if you still don't know how to distinguish one then before investing, don't be shy to ask the community to what they think about the project that you're eyeing to invest with your hard earned money. You're just trying to be sure that it's going to worthy project at all because you're scared to be scammed. But even without asking the community about it, you can distinguish it on your own through researching about the basics of that project and you need to check each of the sides of the project from its team management, whitepaper and other sorts of inclusion for that project just to be sure.

[Balmain]

My long-term investments are usually major altcoins in the top 20. I follow the trends in the market in my short-term investments, meme tokens had this in the past period. The same is things for nfts for now.

[adekogbe]

The major criteria i consider when analyzing altcoins for investing is the usability of the project. What a project offers the cryptocurrency community will always be the most important criteria in my opinion.
I also consider other things like the community acceptance, the project team and the exchanges they plan to list on.

[Dragonfund]

Many projects will soon take that NFT opportunity because it's the new selling point as most of them can't boost their projects with their gibberish product. They love to see opportunities they can hop in.
There are many opportunities to get into good altcoins, taking advantage of trend is just part of it and you may be lucky and sometimes you may not because some hardly recover in some correct, though Axie infinity is doing well on this aspect.

[kumala_abi]

everyone has their own criteria in investing in altcoins, where what is generally seen in investing is the benefits and uses, and the value offered is whether it can develop in the future, as a reminder never invest in coins that rely on hype

value that build by developers team could be first thing we need to analize when meet new project in crypto market.  usually investors will looking token utility , tokenomics , road map that will achieve this year and also team background. Usually in crypto community there are alot investors or expert dedicated their time to share knowledge about project , so it could be second opinion when picking coins.

[sherenikaw]

Some people have their own views and criteria in choosing an altcoin to invest in. Personally, before I decide to invest in altcoins, I will analyze the market first and choose a coin that I think is a good one to invest in. Whether it's for long-term or short-term investments, everything can be analyzed first in the crypto market. It's not an easy thing because here I am also still learning and continuing to learn so that I can get good coins to invest. The emergence of many new altcoins in the market makes investors have to be more careful and smart in choosing coins to invest.

[Tessnik]

most investors will go for ethereum at the moment because of it potential to rise after the hard fork, and also other NFT coins are making some good move in terms of price in the market today.

[huu78]

All crypto, altcoins or whatever it has a big and the same risk. No one guarantees your funds are safe, no one guarantees the price of the tokens or coins that you invest will be like now, anything can happen. For me investing is an absolute goal and ready to accept any kind of risk. If you are afraid of risk, it will shake your intention for long-term investment.

[Fredomago]

For the scam investments, we've been with them for so long and if you still don't know how to distinguish one then before investing, don't be shy to ask the community to what they think about the project that you're eyeing to invest with your hard earned money. You're just trying to be sure that it's going to worthy project at all because you're scared to be scammed. But even without asking the community about it, you can distinguish it on your own through researching about the basics of that project and you need to check each of the sides of the project from its team management, whitepaper and other sorts of inclusion for that project just to be sure.

having those opinions will allow you to find important information about the project, it will help to solidify your decisions, most of the time forum members give inside updates and good basis with the projects that they already reviewed.

Never to rush your way into this business, remember that the money that you are using is very valuable and it's only you who can decide what project to invest, you should always have good sets of plans after reading every information that you need from the project that you are  eyeing to take part.

[goinmerry]

My criteria for choosing is based on how long these coins are already in the market. In the case of new ones, it depends on how I looked into that coin based on my own set of factors such as, how serious they are in developing the coin, steps made to promote the coin, use-case of a coin, hype.

Our criteria maybe not be fit for you as we have different ways of handling it so try to create your own factors for choosing the right altcoins for you.

[blockman]

For the scam investments, we've been with them for so long and if you still don't know how to distinguish one then before investing, don't be shy to ask the community to what they think about the project that you're eyeing to invest with your hard earned money. You're just trying to be sure that it's going to worthy project at all because you're scared to be scammed. But even without asking the community about it, you can distinguish it on your own through researching about the basics of that project and you need to check each of the sides of the project from its team management, whitepaper and other sorts of inclusion for that project just to be sure.

having those opinions will allow you to find important information about the project, it will help to solidify your decisions, most of the time forum members give inside updates and good basis with the projects that they already reviewed.

Never to rush your way into this business, remember that the money that you are using is very valuable and it's only you who can decide what project to invest, you should always have good sets of plans after reading every information that you need from the project that you are  eyeing to take part.

Yes, I agree that don't rush. That's why in every investment, trades, and holdings that you choose, you need to take time before deciding. You should see what's the best decision that you can make from doing so. As it's money that we've worked hard for and you need to look and have the vision which is for the good of your money. Some have good insights but many will just put you into misleading information about their investments so that's why everyone is being warned to be careful with their choice.

[viananda2525]

My criteria for choosing is based on how long these coins are already in the market. In the case of new ones, it depends on how I looked into that coin based on my own set of factors such as, how serious they are in developing the coin, steps made to promote the coin, use-case of a coin, hype.

Our criteria maybe not be fit for you as we have different ways of handling it so try to create your own factors for choosing the right altcoins for you.

no matter if we  have different set with another traders or investors, the only thing we need only research to coins that we will gonna pick.always do proper analize and dont ever trapped in hype only so trapped in trend not creating our own trend.
personally i am choose coins due its utility and potential ecosystem that builded by dev team. these factor could attract demand from investor.s

[seramania]

Everyone's favorite altcoin criteria are different. depending on the person looking for altcoins for what purpose? because there are altcoins that aim for the long term, get profits quickly, and also to hold.
based on these criteria in coinmarketcap there are many choices of coins that we can choose according to our wishes

[lalabotax]

There must be some criteria of choosing altcoins to invest in or certain trade.
Exactly, it is not about the hype coins to invest in because it may end soon. Hype coin may be good for trading but not for investing maybe. Additionally, the certain analysis must be done for example to know whether the project has strong fundamentals, a professional team, and another thing about their channel and its progress so far.

[xiboothrezi]

if you want to invest in a new project then always consider how the project progress will go, project development, usability, goals, etc. honestly it's safer invest with old Altcoins, those that already have a good reputation and development. New altcoins always have the potential to scam.
I don't have any criteria, but I believe the project is already listed in a big market, it means their team is very serious about their altcoins development

what you mentioned are the basic things that we really have to analyze to get to know a project. in addition, it will be easier to understand the quality of the project if many beneficial parties cooperate. yes, listing on a large trusted exchange as you said also gives a clue that the project is potential.
To analyze a project requires good experience, so if you don't have experience or are still unsure, you can try by looking at the analysis of investor accounts on Twitter. but the safest and least risk is to invest in altcoins that already exist in the market and have a good track record of development.

[MKings]

There are also many altcoins that can be held for a long time, and some can be used for short-term.
But if you buy meme coins, you must always pay attention to the market, and you don’t know what will happen to the market in the next second.
You can look at the details of the project before investing and check it from multiple exchanges. Now there are many scams, so we still need to be vigilant.
Don’t invest all your funds, don’t blindly follow the trend and invest,

[lixer]

Altcoins investment is one of the integral part of cryptocurrency investment since the altcoin boom of 2017, so many altcoin projects have come up some are successful and are still available in the trading market while others are simply pumped and dumped and are no longer trading. This drive me to the conclusion that investing in altcoin is one of the most risky aspect in cryptocurrency investment, and many newbies and even experienced Crypto investors have fallen victim for some of the failed and scam alt-coins projects.

No. Definitely you people are misguided by lots of myth. If you go for a survey to study how much ROI an average investor had made for a particular time frame between bitcoin investments and altcoin investments then definitely bitcoin investors must be leading in that study. So, even altcoins are seeming to support you to be rich in quick time, in long run you might be losing as there are lots of scam coins in the market and you may fail to filter them out.

In my opinion, just bitcoin investment will be more than enough for all of us. If you are ready to risk then you may go for up to 5% of your portfolio with all other coins and tokens. Otherwise, you may make good profits in one coin and may end up losing all your capital in some other.

[Hughes_Ryan]

Each person has a criterion that creates their own trust for their project.  In general, I would choose: Trends, scaling solutions/platforms/products.  Defi has cooled down, NfT is on the throne, especially I pay attention to current Nftgame such as AXS, YGG, Sand, PYR, VNLA... it is gradually gaining a strong foothold in today's online demand.  For the large scale solution trend, I'm taking a close look at Jax Network

[bitkanu]

I'm taking a close look at Jax Network

Jax network looks a pretty interesting project, i heard that if it will be launched the main net soon. Jax could become the next blockchain project that can be used as a big bet.
This time jax is still running its ICO and it seems like it may need more time to complete the sale.
NFT and DEFI may become a game changer in the crypto.

more and more utility usecase has become the main reason to invest in the crypto

[Handsome Boy]

everyone has their own criteria in investing in altcoins, where what is generally seen in investing is the benefits and uses, and the value offered is whether it can develop in the future, as a reminder never invest in coins that rely on hype

actually depends on the period of time you want to invest, if you want to invest in the short term, then investing in coin that are hype is the right choice, because you can get profit quickly, but of course it is very risky to be used as a long-term investment, therefore if you want investing in cryptocurrency for the long term, it is better for us to invest in cryptocurrency that have a useful product in the future, so that the price can increase very high and it is safe to be used as a long-term investment.