Post
Topic
Board Speculation (Altcoins)
Re: How to minimize the risk and choose the best altcoins?
by
Streamlink
on 15/05/2018, 06:03:27 UTC
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.
Much better if we invest on the almost reach the hard cap as it has bigger chance that it will go on exchanges. Although it has still risk but in a lower as compared to those not getting the softcap. Research thoroughly on there background of team and the white paper will also help.
Research carefully before investing in altcoins. You can interact with any guy who is already in the market and trading in altcoins. YouTube and search engines help a lot in picking the right card. Besides, your past experience will also guide you in making a decision. Sometimes the sixth sense works faster than any other. To bit a more scientific, dig out data before investing as data will never lead you on the wrong way. This will help you minimize the risk.