How do you choose altcoins you buy?

[o48o]

I've been around for a while so my tactic has varied a lot. I have choosen my coins and tokens by the fact they have:

Real world use case: When i came in i was told buy coins with actual real world use case. I tried to find those but so far i haven't found any real world adoption for anything other than permissionless transfer of wealth that's been done with bitcoin from the start. Maybe some smart contracts can be useful but they have not been adopted in any significant scale. There's potential in many of them, but most of them are now going to be adopted ever. And even their devs know this, yet they can't really say it as they want to sell their snake oil. I a still looking for even one that might be adopted.

Good tokenomics: This i am still using as a reason to buy. Issuance rate needs to be sustainable, and distribution needs to be wide and fair. Marketcap needs to be low enough if we are not talking about the coins that already have the necessary net effect to attract developers and keep on growing more.

Team: I find this most important, without good team that knows their stuff you are destined to fail. In ideal case i choose professionals that are transparent and know what they are doing. They have coders in lead, their own legal team, and regular amas. Needless to say that i want everyone doxxed. So far every coin or token with anon devs that i have bought have vanished.

Right size marketcap: Most money i have made in this game is by finding suitable microcaps, like under $100k. If conditions are right, they can something like to 500k and above really fast, and i can take like 70% of my investment out potentially very fast. Rest of them stay for moonshot. But as a disclaimer i would like to say that while microcaps have have technically most room to grow, they also have highest changes of being rug pulls or slow rug pulls.

Trusting a tip from a friend: For some weird reason my newb friends have found some gems. They don't even necessary understand what marketcap means or how to do research. They might have bought because they liked the name. I see no reason buying them but they are making a killng with them. These days i throw some money on what ever they say. That might not be smart but i might as well.

Aping in to just tokens that has just been released: By doing this i don't have even the time to do decent research. I try to look everything as fast as i can and hope for the best. With this tactic i have found my best micro caps. I have also been bought into some instant rug pulls.

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[abel1337]

I've been around for a while so my tactic has varied a lot. I have choosen my coins and tokens by the fact they have:

Real world use case: When i came in i was told buy coins with actual real world use case. I tried to find those but so far i haven't found any real world adoption for anything other than permissionless transfer of wealth that's been done with bitcoin from the start. Maybe some smart contracts can be useful but they have not been adopted in any significant scale. There's potential in many of them, but most of them are now going to be adopted ever. And even their devs know this, yet they can't really say it as they want to sell their snake oil. I a still looking for even one that might be adopted.

Good tokenomics: This i am still using as a reason to buy. Issuance rate needs to be sustainable, and distribution needs to be wide and fair. Marketcap needs to be low enough if we are not talking about the coins that already have the necessary net effect to attract developers and keep on growing more.

Team: I find this most important, without good team that knows their stuff you are destined to fail. In ideal case i choose professionals that are transparent and know what they are doing. They have coders in lead, their own legal team, and regular amas. Needless to say that i want everyone doxxed. So far every coin or token with anon devs that i have bought have vanished.

Right size marketcap: Most money i have made in this game is by finding suitable microcaps, like under $100k. If conditions are right, they can something like to 500k and above really fast, and i can take like 70% of my investment out potentially very fast. Rest of them stay for moonshot. But as a disclaimer i would like to say that while microcaps have have technically most room to grow, they also have highest changes of being rug pulls or slow rug pulls.

Trusting a tip from a friend: For some weird reason my newb friends have found some gems. They don't even necessary understand what marketcap means or how to do research. They might have bought because they liked the name. I see no reason buying them but they are making a killng with them. These days i throw some money on what ever they say. That might not be smart but i might as well.

Aping in to just tokens that has just been released: By doing this i don't have even the time to do decent research. I try to look everything as fast as i can and hope for the best. With this tactic i have found my best micro caps. I have also been bought into some instant rug pulls.

A good tokenomics and a good team is a good combo. A team that can manage a project for a long time and a sustainable token growth. One thing I'm also finding on a project is the what kind of project it is and what kind of product are they aiming to make. A good product is one factor that can make a project relevant to the market, as long as the product is inline with the trend, I'm pretty positive that the token value of that token will rise and project will have a massive growth. So far the biggest consideration I'm giving on a project is the project product as I want my next potential altcoin to be suited on future trends.

[o48o]

A good tokenomics and a good team is a good combo. A team that can manage a project for a long time and a sustainable token growth. One thing I'm also finding on a project is the what kind of project it is and what kind of product are they aiming to make. A good product is one factor that can make a project relevant to the market, as long as the product is inline with the trend, I'm pretty positive that the token value of that token will rise and project will have a massive growth. So far the biggest consideration I'm giving on a project is the project product as I want my next potential altcoin to be suited on future trends.

What kind of project do you think would be relevant to the market right now so that it wouldn't have to compete with 10 other platforms that already exist, and trying to fight over it? And how could this new project could have an edge to fight the old dogs in terms of adoption?

What do you think the future trends will be?

[asriloni]

Tbh, what kind of real use case that owned by crypto? I see nothing for sure but it's only mainly become a way to transacting your money to others. Almost all of crypto have no real use case.

Im always using these metrics before try to pick a coin

- Backers
- Tokenomic
- Smartcontract
- Identity from the team (I guess if the project has good backers and the team has already doxxed)

That's enough for me to determine whether that has big potential for the future or not.

[Nrcewker]

Yes I can vouch for the marketcap factor. I mean it’s always beneficial when you choose a coin whose marketcap is high. In this manner it proves that the coin is pretty popular among the masses, and more people have known about it. Big marketcap also defines that the volume that is traded for the coin in many exchanges and it is a good signal that the coin has scope to rise in the future. Moreover if the coin has a good core team or popular celebrities supporting the altcoin, then definitely you can add it into the bag.

[DeathAngel]

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

[kamvreto]

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

You may be a fan of memecoin, even though memecoin can provide more benefits than other coins. But the risk will also be greater.
if you are late for the party of course you will not chase it, you just have to wait if that's possible. Most memecoins nowadays will end up being a scam. After $PEPE's success, many new memecoins emerged from all Blockchain Platforms and in the end they disappeared one by one and deceived many people. Doing detailed research is very necessary, not just waiting to be registered with CEX. Fraudsters will not do that, if their bag is full they will run away without a trace.

[terencio]

You have a very interesting approach to choosing your coins and tokens. I agree that real world use case, good tokenomics, team and marketcap are important factors to consider. However, I would be careful about trusting tips from friends or aping into new tokens without doing proper research. You might get lucky sometimes, but you also risk losing a lot of money or falling for scams.

[Rupok]

I have been watching Memecoin news for a long time now, and investors think that Memecoin can offer more benefits than other coins.Don't know how true this is, as I don't have much faith in altcoin.  I think you should be careful before investing in altcoin, never invest in altcoin without good analysis or research.  But it is true that Alta Coin gives good returns, but the risk of losing assets is also high.I always select Ethereum and BNB as investments, these coins are very low risk among the altcoins.

[TravelMug]

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

Yes, maybe a good supply, not into the billions, will be a good gauge. Right now if you look at the top 20 or even top 50, there are projects that have limited supply hence the price is too good right now.

Don't like meme coins though, it's that when we here about them, majority of us are late already, but if you want to take risk, then buy it and then HODL till the next break out run that might not happen though.

In any case, supply, the people behind, good tokenomics and use case are some of the factors that I look when choosing altcoins.

[someone703]

For me, an altcoin project is one that includes criteria such as a good team, backers, a reasonable token price, and a strong community. Those are the criteria by which I always look for altcoin projects. In addition, it is also necessary to learn more about the product technology they are aiming for. As well as whether their products are in line with current trends or, in the next few years, will be breakthroughs in some way. So although there are many altcoin projects with many interesting ideas, if the above criteria are not met, I will remove them from my investment list.

[eightdots]

Yes I can vouch for the marketcap factor. I mean it’s always beneficial when you choose a coin whose marketcap is high. In this manner it proves that the coin is pretty popular among the masses, and more people have known about it. Big marketcap also defines that the volume that is traded for the coin in many exchanges and it is a good signal that the coin has scope to rise in the future. Moreover if the coin has a good core team or popular celebrities supporting the altcoin, then definitely you can add it into the bag.

I think this way most of the time. One of the first things I look at is market value. This value can tell us many things. It also shows that you have exceeded a certain confidence limit. In addition to these, it is also important which teams are working for the coin and the work they have done in the past. The main factor for me is the trust factor.

This way I can add coins to my cart, but sometimes I like to take risks. There are times when I add the coin to my cart without any team researching it and even if the market value is very low. This is somewhat up to you.

[timoshani]

Tbh, what kind of real use case that owned by crypto? I see nothing for sure but it's only mainly become a way to transacting your money to others. Almost all of crypto have no real use case.

Im always using these metrics before try to pick a coin

- Backers
- Tokenomic
- Smartcontract
- Identity from the team (I guess if the project has good backers and the team has already doxxed)

That's enough for me to determine whether that has big potential for the future or not.

Sorry, What knowledge is a smart contract to give you? In my opinion, this is not the main criterion to find trust in altcoin in the initial stage of a project starting. I analyse it every time on an idea. If the token is a part of a good startup, maybe it will a good future, and maybe I will receive some profit in this case.

[Johnyz]

Have to consider everything if its a new project and usually, I don’t have any plan to hold them longer because I know the hype only last on the early stage of the project and they will dump as soon as its over.

Old altcoins are more easy to analyze as they already have the past price trend, so if you are into top altcoins then better to analyze its trend and their future plan for updates.

[Ojima-ojo]

I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supplies. Although saying that, I have bought $PEPE, SHIB & DOGE.

Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.

I guess the above-mentioned coins were bought out of speculation and not on valid analysis as most of them have records of crashes in the past and could easily be a term as pump-and-dump projects that doesn't have any long-term viability, just like ops mentioned about taking note of user case but most of the meme coins have no use case not solving any real-life problem makes the coin to become unattractive to investors and that could possibly trigger the coin to be easily pump or dumped by it, big bag holders.

Altcoin has a high risk of not meeting up to market standards and at that it should be taken only as a gamble, and none should be trusted for long-term investment plans.

[wheelz1200]

I've been around for a while so my tactic has varied a lot. I have choosen my coins and tokens by the fact they have:

Real world use case: When i came in i was told buy coins with actual real world use case. I tried to find those but so far i haven't found any real world adoption for anything other than permissionless transfer of wealth that's been done with bitcoin from the start. Maybe some smart contracts can be useful but they have not been adopted in any significant scale. There's potential in many of them, but most of them are now going to be adopted ever. And even their devs know this, yet they can't really say it as they want to sell their snake oil. I a still looking for even one that might be adopted.

Good tokenomics: This i am still using as a reason to buy. Issuance rate needs to be sustainable, and distribution needs to be wide and fair. Marketcap needs to be low enough if we are not talking about the coins that already have the necessary net effect to attract developers and keep on growing more.

Team: I find this most important, without good team that knows their stuff you are destined to fail. In ideal case i choose professionals that are transparent and know what they are doing. They have coders in lead, their own legal team, and regular amas. Needless to say that i want everyone doxxed. So far every coin or token with anon devs that i have bought have vanished.

Right size marketcap: Most money i have made in this game is by finding suitable microcaps, like under $100k. If conditions are right, they can something like to 500k and above really fast, and i can take like 70% of my investment out potentially very fast. Rest of them stay for moonshot. But as a disclaimer i would like to say that while microcaps have have technically most room to grow, they also have highest changes of being rug pulls or slow rug pulls.

Trusting a tip from a friend: For some weird reason my newb friends have found some gems. They don't even necessary understand what marketcap means or how to do research. They might have bought because they liked the name. I see no reason buying them but they are making a killng with them. These days i throw some money on what ever they say. That might not be smart but i might as well.

Aping in to just tokens that has just been released: By doing this i don't have even the time to do decent research. I try to look everything as fast as i can and hope for the best. With this tactic i have found my best micro caps. I have also been bought into some instant rug pulls.

For 99 percent of the people you are thinking too far into it.  Most people are in alts for quick gains.  So most just ride the tide and see what's hot for that week/month etc.  Very few people hold alts long term.  And for that instance it would be project engagement and validity to theor business model.  Is the coin needed for the project to succeed?  Things like that have to be a consideration.

[Kelvinid]

I've been around for a while so my tactic has varied a lot. I have choosen my coins and tokens by the fact they have:

Real world use case:

This is very important when I look for an investment especially if we are goal is for the long term as this will be our basis if that particular project will able to stay in the market or turn to shitcoins. I'd see that many people make a mistake in choosing coins, they usually got fallen into scams due to a lack of research.

Right size marketcap:

This will also matter to me as well as this has an impact on its price. A huge marketcap projects doesn't grow up compared to a small marketcap.
But still, this won't gives us 100% assurance, nevertheless, at least we have some chance of not wasting our time, effort, and money.

[goaldigger]

I have been watching Memecoin news for a long time now, and investors think that Memecoin can offer more benefits than other coins.Don't know how true this is, as I don't have much faith in altcoin.  I think you should be careful before investing in altcoin, never invest in altcoin without good analysis or research.  But it is true that Alta Coin gives good returns, but the risk of losing assets is also high.I always select Ethereum and BNB as investments, these coins are very low risk among the altcoins.

Meme token are very risky as it moves because of the hype, you really have to be careful dealing with those meme tokens. I prefer the top altcoins for long term holding, it is more convenient and safe for me because their value continues to increase over time. Choosing the project is not easy, you must have your own analysis over that project, don’t just believe on any hype easily, investing is very risky once you didn’t make your own research.

[Wiwo]

The only time I chose meme coil is when I want to gamble and have some money to risk if not when it comes to rereallyong time investments,  I don't consider meme coins to be a good option since you can lose everything within seconds.

I have been watching Memecoin news for a long time now, and investors think that Memecoin can offer more benefits than other coins.Don't know how true this is, as I don't have much faith in altcoin.  I think you should be careful before investing in altcoin, never invest in altcoin without good analysis or research.  But it is true that Alta Coin gives good returns, but the risk of losing assets is also high.I always select Ethereum and BNB as investments, these coins are very low risk among the altcoins.

Meme token are very risky as it moves because of the hype, you really have to be careful dealing with those meme tokens. I prefer the top altcoins for long term holding, it is more convenient and safe for me because their value continues to increase over time. Choosing the project is not easy, you must have your own analysis over that project, don’t just believe on any hype easily, investing is very risky once you didn’t make your own research.

Because of that risk I only invest in a few altcoins that I know them to high long time tracked history.

[passwordnow]

I still own some alts but I've decided not to look after another and a new one. Whatever I've got and if I want to invest in, I'll just add more to my stash with its quantity as it saves me time. Before it was all about the credibility of the project that makes me want to look after them and I've stuck to that and choose to get into projects that have already built their reputation and that's what I trusted them most. I don't get any help to any friends of mine, they're even worse than me at picking.