Post
Topic
Board Speculation (Altcoins)
Re: What are the criteria for choosing altcoin
by
Joyawan13
on 02/04/2022, 18:55:58 UTC
At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?
To choose altcoins to invest in the long term is certainly not easy, especially now that there are so many altcoins that have been created, for me to invest in the long term of course I don't want to take risks. to invest, my choice is of course Bitcoin Ethereum Binance and a coin that I think has the potential to develop in the future, even if I want to invest in a new altcoin, I will not invest a large amount, because for me it is a very high risk, so my choice is definitely which I don't think is a big risk.