Currently I am doing research about altcoins.
The idea is to find out, which currencies have potential to grow and are still very easy to mine.
I already fail at finding a source for freshly released altcoins. There are several websites that list all announced coins, but it would be great to get some details about their potential. Of course I read discussion boards but my experience is that most of the comments are rubbish.
The goal would be to find coins like bitcoin in the early stage where its value was below $1.
I know it is all about luck! But I would appreciate if you could share your sources. Like blogs, discussion forms, serious news sites etc.
How do you decide which coin to mine? How do you research about coins to decide if they have potential
In my opinion it is really hard to find the potential level of coin when launching time,we can measure the potential after some years of the coin being launched.Because nowadays there are many new altcoins released everyday but all of them looks like shitcoins so it is better to choose a popular coin then looking for a coin under $1.Maybe it will give huge profit if the price bumped in the future but it is lucky if that happend.As a crypto investors you always need to go with better coins then most profitable coins.