Altcoin investment is very unpredictable. Trading in mercatox for example; I wont pointpick a name of a coin for respect also, but I wonder why the coins there that are listed just by the voting strategy defeated a coin that's been listed through paying the exchange. What I try to mean is I invest on this certain coin there that is listed there because they paid mercatox. Then I just ignore investing the other coin there that are just being listed there because they win the voting process. And I also do a thorough research before I invest like their website,social media sites,team and whitepaper, so in your mind I think you'll better invest to the other one that pay the exchange right? And that time they are still roughly at 5 gwei each the two coins.
Now a 3 or 4 weeks later, the one blooming in price instead is the coin that won the voting. And the one Im investing is still stagnant. God damn it. I hate trading anymore. So tire trading already, no luck on it, urghh..
Altcoins may be tricky to trade, but most of us could be sleeping easy if we basically checked two things.
One is a project with a good team that is dedicated and competent to implement the promised ideas. Two is a coin with an innovative purpose and a promising future. With those two, you can definitely be positive that what you have there is a good coin to invest in.
With that, go check out the coin that is in my sig MeVu.