So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example,
https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.
I mostly choose altcoins that meet the following criteria:
1) Recommendation by others that I trust
2) Are ranked in the top 100 in market cap
3) I have done some research on them and the project seems like it has potential.
On rare occasions I will choose a coin or token outside of the top 100 but I wont put a lot of money into it.