Hi I'm not a technical guy and I really want to invest in altcoins. Fo you guys which do you guys prefer in this time when buying your altcoins?
Do you still like to buy those under rank cryptos that low price or you preferred to buy those on the top? Or do you prefer projects which have constant project development and updates that still build even though they fell from the bottom? Or you skip those low satoshi altcoins even though they still have great developments?
And if you can give me some idea too to where I can research project development statistics and quality of altcoins. Sorry for my English?
Both. Well, I personally prefer investing in the project which has great development history and proper promissable road map, however; I also prefer little much investing in top 50 coins by doing some research. You should research on the whole project not just a coin. In that way, you would be able to find the potential, scope of cryptocurrency, ROI prediction. I am sharing some of my research techniques that I personally use while selecting the project for investment:
Observe the Replies from Telegram Group 1-2 Days.
Bitcoin talk ANN Thread Activities Check up
Coin History 6 Months.
PUMP and dump moments in the graph and note down the dates.
Regular Development stuff check up and Proper development road map.
News of Coin on Crypto News Sites like Coindesk, cointelegraph, bitcoinnews and much more..
Hope it Helps! Let me know your opinions.