Not a newbie but new in the altcoin space. I'm trying to find out some altcoin to invest a little amount. Suggest me some factors to consider before picking a coin. I am holding BTC and ETH as of now.
Well try to see how much value a coin over time and how much value now, and see how much supply has and if there is enough order to buy it, and if community is active and you can try invest on.
First, you must not concentrate on one token only. Choose several altcoins. Do not choose Ripple as there are billions of these tokens, and there is too much hype around it. Try to choose IOTA - it has all the chances to stay on the market long as people are interested in the Internet of things. Zcash with its anonymity is worth investing in and Monero also.