Post
Topic
Board Altcoin Discussion
Re: So many coins to choose from
by
iamTom123
on 25/10/2017, 09:49:18 UTC
Right so from my understanding, and from listening to the people on the forum here, you need to read into the coin you want to buy etc.. However so many altcoins just had a pump yesterday, is it even the right time to buy now? And how do you choose an altcoin you want to read in to and possibly buy? Do you scan coinmarketcap.com? If so, what do you look for?


Referring to new coins or tokens still in the ICO or introductory stage, almost all of them can't be found in CoinMarketCap but if you prefer to buy those who are already in the market for some time and their standing value then CMC is for you. What we are witnessing today can sometimes be dizzy especially if you have the intent to invest some money on cryptocurrency but we have to remember that just like in the offline world this is just akin to entering a supermarket with so many choices -- some products can be cheap and some can be expensive depending on your preference. And in this process we can get into something that will not be producing anything at all or a big failure or maybe something that can exceed our expectations.