What are the criteria for choosing altcoin

[Odusko]

In investing, of course, we have our own criteria in choosing coins for us to hold, some investors prefer new altcoins that have potential and they do not care about risk and they always hope to get a big profit, but I prefer the old altcoin and already ranked at the top because with the current market conditions it is very suitable for us to invest in the long term in these altcoins.

The strategy of an investor is indeed different and I appreciate you if you choose the top altcoin on Coinmarketcap for a safe investment,
but you must know that the top coin already has a high ROI,
of course, the risk that will be accepted is also much higher than in a project ranked 100 and above coinmarketcap,
try to think first.

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap,  but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

[el kaka22]

The strategy of an investor is indeed different and I appreciate you if you choose the top altcoin on Coinmarketcap for a safe investment, but you must know that the top coin already has a high ROI,
of course the risk that will be accepted is also much higher than in a project ranked 100 and above coinmarketcap, try to think first.

The top ones may not bring you wealth overnight, but they can bring you wealth in a few decades and that might be too slow for you, maybe you want to turn a few thousands dollars to few million dollars in under 5 years and that is why top coins do not matter to you.

But, some people like to take less risk and invest for a decade into the top ones, like btc, eth, bnb,l ltc and so forth and then hope that this investment would bring you a good amount of return in the long run. It is not really that much of a bad strategy neither because it looks like it will be a solid one that will do what it aims at, the difference is, you may not want what it aims at and that is understandable too.

[SirLancelot]

Simply , never invest in something that you don't fully understand. thats it .

imagine you are called investor but you know nothing about the criteria? lol that is insane way of investing.

learn first then return to investing , but for now? forget about putting money inside crypto.

This is probably true for a while, if you are a newbie then you need to study and learn more about crypto at first, but if you are not a newbie, if you know what crypto is then finding an altcoin becomes a bit easier. You build some strategy, some filter that you use when you look at things.

Like for the longest time I have been trying to avoid investing into things that look centralized, because these days almost everything is based on the teams behind projects and I dislike that. Not everyone cares about that, some other person might even care about the team being great, and that is the biggest difference, that is something I can understand, just not support myself.

[usekevin]

It will happened to the first stage of the trade.Most of the traders will not have the knowledge about the altcoin at the beginning of trade and you too face the same.The only solution for this is,you need to do background verification of the project.Mostly traders ask their friends to inverse on coin,which not a good move for your money.

[BuNga_cute]

It will happened to the first stage of the trade.Most of the traders will not have the knowledge about the altcoin at the beginning of trade and you too face the same.The only solution for this is,you need to do background verification of the project.Mostly traders ask their friends to inverse on coin,which not a good move for your money.

Everyone who is successful in getting profit from crypto they don't get easily, they have to go through a fairly long process first. So the success of
trading in crypto can't be instant, requires patience to reach the stage where we can determine which coins are the best for trading. So don't worry
if we choose the wrong coins when trading which ultimately makes us lose. So our mistakes become lessons for the future, so that we are more
careful when determining which coins we deserve to buy. Therefore, do not be lazy to continue to learn to improve our trading skills, don't trade
relying on other people's opinions to determine which coins we will choose, it's not a good decision. Because sometimes other people only manipulate
for their own benefit, and promote the coins that they have bought before. So use our own knowledge and analytical skills to determine the right coins
for us to choose.

[DanWalker]

In investing, of course, we have our own criteria in choosing coins for us to hold, some investors prefer new altcoins that have potential and they do not care about risk and they always hope to get a big profit, but I prefer the old altcoin and already ranked at the top because with the current market conditions it is very suitable for us to invest in the long term in these altcoins.

The strategy of an investor is indeed different and I appreciate you if you choose the top altcoin on Coinmarketcap for a safe investment,
but you must know that the top coin already has a high ROI,
of course the risk that will be accepted is also much higher than in a project ranked 100 and above coinmarketcap,
try to think first.

Picking top altcoins on CMC is a quick and fairly safe way, all of them have had high growth before and are unlikely to give us big profits in the short term. But it will be safe for our investment instead investing in lowcaps.

Risk is always present in investment, so investing in topcoins only helps you reduce risk, but it does not guarantee that there will be no risk. Over time, topcoins will still be displaced if it doesn't evolve and improve.

[Republikcoin.com]

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap,  but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

[ningrum]

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap,  but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

For some people it seems that it is not easy to choose a coin for the long term and for the short term,
they need to do their own research to choose the right coin and that takes a lot of time for sure,
but maybe for long term investment it's easier and the best reference is the top coin

[litepool.ru]

At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?

Well, looking at its utility, being there is also part of the basis for choosing a long-term investment in a project. In addition, I personally always prioritize top coins like ETH BNB DOT for a long-term strategy. For a new project, a thorough study of that project will also give people specific strategies. For investment, a few factors such as team, product, coin/token distribution process, investment fund, development roadmap,... also need to be kept in mind when we decide to invest in it.

[lornadane]

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap,  but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

For some people it seems that it is not easy to choose a coin for the long term and for the short term,
they need to do their own research to choose the right coin and that takes a lot of time for sure,
but maybe for long term investment it's easier and the best reference is the top coin

Instead of choosing long-term investments but not being able to judge which ones should be maintained, it's better to choose short-term investments because the risks are not too heavy.
As you said above choosing coins that have good volume and potential is not easy.

[Desscount]

Most of the prominent investors that I have seen so far are men that have taken their time to study the top-performing market and have studied the chart of most of the top 5 coins on coin market cap,  but then some time those coins can still underperform since cryptocurrency market is a highly volatile one so one just need to make a proper analysis and be ready to make a long time frame.

Actually, everyone can separate two good things when choosing coins, for example by choosing some coins for the long term and some for the short term, so managing them becomes easier and doesn't seem like a waste of time.
Because there are times when profits in the short term are needed, although profits in the long term should also not be ignored because it would be very good if someone was always able to benefit through the coin choices he had researched himself.

For some people it seems that it is not easy to choose a coin for the long term and for the short term,
they need to do their own research to choose the right coin and that takes a lot of time for sure,
but maybe for long term investment it's easier and the best reference is the top coin

Instead of choosing long-term investments but not being able to judge which ones should be maintained, it's better to choose short-term investments because the risks are not too heavy.
As you said above choosing coins that have good volume and potential is not easy.

Coins like Bitcoin, Ethereum and BNB I think are no doubt for long-term investments,
it will be profitable to invest in these coins and the risk is not too big and safe too,
especially with market conditions like this, I think it is wiser for long-term investments than short-term investments

[bitterguy28]

What I do believe is that we have different perspective in our investment , some choose to seek for Easy  money and fast collection and this is why GEM is their target.
while others are seeking for Long term Holding in which Yes the ranking currencies is the best option.
and others are here for day trading in which they are seeking for what can be the best to choose, like What coins can reach 10-20% in the next 24 hrs?
in this they are contented and they are good at.

It will happened to the first stage of the trade.Most of the traders will not have the knowledge about the altcoin at the beginning of trade and you too face the same.The only solution for this is,you need to do background verification of the project.Mostly traders ask their friends to inverse on coin,which not a good move for your money.

Look at the team, look at the White Paper, Look at the Road map , but deeply look to the team because they are the one who will prove the quality of the project.

[Adbitco]

Before venturing into projects or making investments, there should be something that trigs you about the project which made you to venture into, is either their development, Usecase or prospect, secondly if their team members are reliable or not. Most at for those looking at network; is either on ETH network or BSC and any more.
For newly project could be a pump and dump so i will suggest he/she should go for already developed project such as; BTC, ETH, BNB, WAVES, MATIC these coin are very potential and also good for long-term run.

[justdimin]

Before venturing into projects or making investments, there should be something that trigs you about the project which made you to venture into, is either their development, Usecase or prospect, secondly if their team members are reliable or not. Most at for those looking at network; is either on ETH network or BSC and any more.
For newly project could be a pump and dump so i will suggest he/she should go for already developed project such as; BTC, ETH, BNB, WAVES, MATIC these coin are very potential and also good for long-term run.

That is called "gut feeling" by many people, whatever you want to call it or name it if there is something that intrigues you about that project then I believe that it could be something decent. I am not saying that it is impossible to find something purely by checking mathematically, of course that could happen, like some projects RSI peaks your interest is a good enough reason as well.

But, no matter what the reason is, eventually you need to reach to a level where you need to study it very hard before you invest. If you do not know every single line of detail about that project, and if you learn about it after you invested, then it is going to be a problem.

[Fesatmas]

Before venturing into projects or making investments, there should be something that trigs you about the project which made you to venture into, is either their development, Usecase or prospect, secondly if their team members are reliable or not. Most at for those looking at network; is either on ETH network or BSC and any more.
For newly project could be a pump and dump so i will suggest he/she should go for already developed project such as; BTC, ETH, BNB, WAVES, MATIC these coin are very potential and also good for long-term run.

If we want to invest in a new coin, accuracy is very important. As you mentioned, it's one of the factors we shouldn't overlook when doing coin research.
But if we don't want to put too much effort into doing research I think the existing coins that have great credibility are certainly the choice for us. It depends which coin is more interesting to us.

[ice18]

Its depends on you what alts to choose, there are coins that have no promising criteria but pumping like crazy and there are also coins with great criteria solid team almost perfect but price is stagnant even if development is active. Top 100 alts in cmc have posses strong criteria but this does not mean they can give you great profit after buying and holding, I suggest invest early on what is going to be in-demand alts in the next few months whether nft,metaverse, L1 etc. 

[Republikcoin.com]

For some people it seems that it is not easy to choose a coin for the long term and for the short term,
they need to do their own research to choose the right coin and that takes a lot of time for sure,
but maybe for long term investment it's easier and the best reference is the top coin

The top coin is always suitable to be chosen and placed into two versions of investment, both for the long term and for the short term, only if for a larger profit target it is always more suitable to be placed in the long term.
But in the end, everyone can always make choices and attitudes for himself in this matter, so that what he chooses is based on his own wishes, not on the basis of others.

Instead of choosing long-term investments but not being able to judge which ones should be maintained, it's better to choose short-term investments because the risks are not too heavy.
As you said above choosing coins that have good volume and potential is not easy.

With certainty for profits can not be accurately ascertained, but when a person starts to choose a good coin or a top coin with a lot of volume and potential, then he will never lose big if he takes the coin for investment in the long term.

Coins like Bitcoin, Ethereum and BNB I think are no doubt for long-term investments,
it will be profitable to invest in these coins and the risk is not too big and safe too,
especially with market conditions like this, I think it is wiser for long-term investments than short-term investments

If I say yes it is, but until now there are still many people who are hesitant and afraid to choose it for the long term because they are not used to the risks and the market conditions that are sometimes uncertain.

[peter0425]

Its depends on you what alts to choose, there are coins that have no promising criteria but pumping like crazy

What i believe , these coins/project called as GEM in which most of Bounty Hunters i come to read in their finding how to become rich easily.

and there are also coins with great criteria solid team almost perfect but price is stagnant even if development is active.

those are the project that lack of promotion , that the team sometimes taking time before pushing the project completely .

Top 100 alts in cmc have posses strong criteria but this does not mean they can give you great profit after buying and holding, I suggest invest early on what is going to be in-demand alts in the next few months whether nft,metaverse, L1 etc. 

top 50 will give you profit but not overnight, instead it will take some time .

[Dinda mayasi]

Being an investor is like measuring your own abilities and preferences. I myself like tokens or coins that in the future have price stability and prospects for increasing. Or buy tokens that can increase yourself such as Babydoge, Goma etc.Ada juga yang lagi ramai dibicarakan adalah beli koin game atau NFTThere are also things that are still being discussed, namely buying game coins and NFT games. These days there are many NFT hunters, you can look for them as well as in Mobox and others.

[MiF]

At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?

Well there are so many factors to consider on choosing what altcoins to invest, and investors has a different way of choosing they have different basis its all up to them, but for me the best altcoin is the altcoin that is already accessible with an amazing use case maybe that altcoin can soar in a long run depending on the team behind the projects, experienced team together with the successful developer that has a successful past project is good.