How do you choose altcoins you buy?

[fauzan Ichsan]

I do between 2-5 hours of research on an asset before i buy or short it.
I used to spend more but i have what I'm looking for narrowed down a bit more than i did earlier in my crypto adventure.
Lots of focused reading and explorer-diving. I'm most concerned with how distributed supply is, the team behind the project and it's use cases.

I buy altcoins usually do an analysis first to determine the buying area. of course support is a reference for purchases. the support that occurs will be different in each time frame, so the larger the time frame, the less often we will find support, therefore an eye foresight is necessary. afterwards I'll split up a few PO at each support, and leave them untouched. sometimes only one or two PO are touched, but at least we will be calmer if up to 3 PO are touched

[bussybuddy]

I do between 2-5 hours of research on an asset before i buy or short it.
I used to spend more but i have what I'm looking for narrowed down a bit more than i did earlier in my crypto adventure.
Lots of focused reading and explorer-diving. I'm most concerned with how distributed supply is, the team behind the project and it's use cases.

The way I feel, some of the criteria we know to be viewed as opportunities to start buying are the same way we console ourselves with the knowledge that we are putting our trust in the right place. It's a fact that I've come to realize that long-term trust in an altcoin in this environment is often reserved for the few, and we are most likely to be swayed by the emotions of the crowd, the movement from direction in the market accompanied by hype, people's fomo can almost beat every criterion of stance that we have ever experienced. That's why I see that in the investment environment it's completely harsh. Only when you achieve your goals and have a good source of capital, I believe many people will grow a lot in the journey to continue looking for other opportunities for themselves.

[zasad@]

It is enough to choose large-cap altcoins, the price of which has fallen below 85% of the ATH, and the project should be able to pay a fine from the regulator if the coin is recognized as a security. Small projects will not survive such regulation.
I posted my opinion in a separate thread.
https://bitcointalk.org/index.php?topic=5453984.msg62299857#msg62299857

[o48o]

I do between 2-5 hours of research on an asset before i buy or short it.
I used to spend more but i have what I'm looking for narrowed down a bit more than i did earlier in my crypto adventure.
Lots of focused reading and explorer-diving. I'm most concerned with how distributed supply is, the team behind the project and it's use cases.

Ok, how often you recheck your reseach as market conditions can change? And i am assuming that you are trading on very low frequency?

And since there are no short options for most of the altcoins out there that raises some questions.
Are you going trough all the altcoins that's possible to short and choose to short or act on every single one?

There must be a way to pick those too.

[Rasa nanas]

I believe it's essential for us to conduct research on numerous coins that raised funds during the previous cycle and are still active, as they aim to enter the market in the near future. Some of these projects have successfully raised a significant amount of funds and demonstrate solid potential. I think the risk can be reasonably managed if we make small investments and there are opportunities for listing. I can recommend a few like Gaimin, Ego paysenger, Ethernity cloud etc

ok, I will discuss a little bit of the 1 projects that you recommend, namely EGO.
I have participated in the EGO airdrop and I deserve 500 EGO but until now I haven't received the token from the airdrop. so now this project has progressed how far?

[bitgolden]

Investment approaches can vary from person to person, and you will choose a strategy that suits your risk tolerance, investment goals, and personal preferences. There is volatility and rapid change in value when navigating the cryptocurrency market, so people like and care about it. However, the risk is there, and choosing the thousands of coins out there that match your financial requirements can be quite a challenge. So how you approach it will allow you to make more informed decisions in the ever-changing crypto market.

I agree, I am a long term investor, I like to buy something that I can hold AT LEAST for a decade, and that's bare minimum, if possible I would like to do that for 3 decades. How many coins or tokens do you think that attracts peoples interest for holding it as long as 30 years? I can tell you that not many, most of them will be gone anyway, and even if there are some that people think will stay, I believe that not many of them are out there. My personal favorites are btc, eth, bnb and ltc.

I have said that I will hold them for at least 10 years, and if possible as high as 30. After that, even if it goes up, it doesn't matter to me anymore I will start cashing out and living a very expensive end of life if possible, I want to travel the world and not just few days, I want to visit each city and stay there for a few months until I die or get too sick to travel.

[nesty]

To choose an altcoin we need to conduct a thorough research on the altcoin that you are interested in. Take a look at its capitalization, trading volume and historical price data. Check on the team behind the altcoin, their experience, track record and their qualifications. Evaluate as well the technology behind the altcoin, check if they offers any unique features or advantages over other crypto currencies. Look at the size and activity of the altcoin community. A strong community can help support the price and adoption of the altcoin. Assess your risks tolerance and always remember that investing in altcoins is very risky and volatile.

[Xal0lex]

But at the same time TRON has a wide spread in the crypto community, and its blockchain is very popular among those who are engaged in USDT transfer, because the TRC-20 transfer fee is much lower than the ERC-20. All major exchanges support this blockchain. Despite this, TRON in no way can storm its ATH, behaves like XRP.

Correct me if i am wrong but i think it's cheaper or at least as cheap to send usdt via polygon or bep20 network. You don't need to use erc20 for that. Or at least i haven't used erc20 or trc20 for usdt for a long time as there has been no need for it. But as we are speaking of pennies anyway, it wouldn't even matter if i had to use $1 or $0.20 for tx.

Right, transactions in ERC-20 and TRC-20 networks are sometimes very expensive, but they have the highest distribution and support for various services. It is much cheaper to send transactions in Polygon, Optimism, and Arbitrum networks. The only disadvantage of these networks is that they are not as popular in the crypto community, and it will take a long time to fix it.

For example, USDT in the Arbitrum network is not supported by almost any exchanger. Go to www.bestchange.com, there even in the list of USDT offered for exchange there is no Arbitrum network.

[Jocuserious]

Everything need research for a good altcoins which is strong team and there promising roadmap. I could take about me but some time my own research gone to fail so combeniation of bad luck.

[Magic-Money]

Every business has secret, which here in cryptocurrency market investment has a secret, what are the secret, firstly you most make out time and investigate about the coin, through adequate research and also check about the team involved, whitepepper most times it works as the project plan, and Smart contract, number of holder and transmission made matter's, so therefore is good to make out time to check before investing your hard earned money for new coin's.

[Velemir Sava]

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.

I personally like the one listed at least on the pancakeswab. yes. the method is very simple and easy, but there is also something that must be monitored and seen before investing in coins or tokens, namely the Fully diluted market cap, in my personal opinion besides the several metrics that you have mentioned above and how many markets the coin is already available .

[Ngemmeng]

I believe it's essential for us to conduct research on numerous coins that raised funds during the previous cycle and are still active, as they aim to enter the market in the near future. Some of these projects have successfully raised a significant amount of funds and demonstrate solid potential. I think the risk can be reasonably managed if we make small investments and there are opportunities for listing. I can recommend a few like Gaimin, Ego paysenger, Ethernity cloud etc

talking about ETNY, I know that this project now has 3670+ connected nodes and that is awesome. but from token sale they only got around $4.6m and probably from all sales like NFT etc around $5m. With this fact what can be expected? and why do you recommend investing in this project?

[Godday]

Some of the things I will look for when buying altcoins are the actual world use and volume of trades that have occurred on that coin.
I don't like new coins so I decided to buy an altcoin that already has a large trading volume on the crypto market.
Even though I will make a small profit but I prefer something that is definitely profitable than betting on new coins.

[deean_3one]

I don't really know how to choose Altcoins. But maybe these tips can help.

1. Research Before Buying
2. See the Technology Carried
3. View Daily Trading Volume
4. Pay Attention to the Conditions That Occur During the ICO

[TOMmiendfd]

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.

Few people will study token economics, that is, read the white paper carefully. This circle itself is very impetuous. Making money quickly is their ideal pursuit. This is the biggest difference between consensus and speculators. I don't have much screening experience myself. After all, my cognitive feeling is not enough for me to make an accurate choice. I like the opinions of many bounty managers.

[kevinzxz]

if i will look at this factor,
1. product of the project
2. the whitepaper and roadmap of the project are running as specified or not
3. see if there is any progress or not in the project
4. partners in the project
5. community of the project

[rhodelmabanal]

if i will look at this factor,
1. product of the project
2. the whitepaper and roadmap of the project are running as specified or not
3. see if there is any progress or not in the project
4. partners in the project
5. community of the project

You forgot the team behind the project, it also important to know the team back ground behind the projects because iif the team is not transparent there will be a trust issue, most of the project that has an unknown team is scam so it is also important to know the team behind the project thier history and their background and experience.

[woksy]

the more I read this topic, the more I understand that choosing neon link  was a right decision by all means, thank you guy for useful tips
team and the product matters, right marketing strategy too

[shinratensei_]

if i will look at this factor,
1. product of the project
2. the whitepaper and roadmap of the project are running as specified or not
3. see if there is any progress or not in the project
4. partners in the project
5. community of the project

good factor to observe but nowadays I just see partnership of project with some large companies that have ventured and invested into various companies also being backed up by some large exchange like binance is more essential than looking or making an observation towards its product and even whitepaper, nowadays, so many coins with shit products could still thrive for some reasons.
even meme coin are gaining massive investment than the so called innovative products making the products itself rather irrelevant for observation, i'd put your 4th and 5th factors of yours as number 1 and 2 honestly.
since they are seem to be more influential than the other, even though textbook guides telling us to see the product first and learn the fundamentals, but things changes, and past knowledge maybe irrelevant.

[Ngemmeng]

if i will look at this factor,
1. product of the project
2. the whitepaper and roadmap of the project are running as specified or not
3. see if there is any progress or not in the project
4. partners in the project
5. community of the project

You forgot the team behind the project, it also important to know the team back ground behind the projects because iif the team is not transparent there will be a trust issue, most of the project that has an unknown team is scam so it is also important to know the team behind the project thier history and their background and experience.

yes I agree, for me the team behind the project is also important because these people have full control over the project. knowing the team especially the founder and CEO is very important because they have to be competent in their field, and maybe you can find out from their social media or searching for information on the internet.