Post
Topic
Board Altcoin Discussion
Re: How do you choose which altcoin will you buy?
by
Getmon
on 16/11/2019, 08:23:13 UTC
the first is the project product, the development of coin prices, how active the developer is in auditing the project, how much coin supply is sold in the market, the team always contributes to their group channel and arranges financial management for several other crypto investments or doesn't just focus on investing 1 coin .

For me, choosing altcoin that I first noticed is the average daily transaction, if you have a large daily transaction, it means that the token or coin is in demand by many people and has a prospective product. In addition, in choosing altcoin, I will see whether the coins are traded in many large exchangers

not only that, especially with altcoin ICO we have to see how their tokens grow and look even into their internal team
for me if they are active and have news every week or even month, I will choose the token to invest.

The bases for buying an altcoin which is still offered in an ICO is different from the bases which one should use when deciding to invest in an altcoin which is already offered in an exchange. It is easier to choose an altcoin if it is already in the market for several months. You can already take a look at their performance or their token's condition in the exchanges. But if the altcoin is still in an ICO, it is hard to decide. The risk is also very high.