Post
Topic
Board Speculation (Altcoins)
Re: What are the criteria for choosing altcoin
by
bayudndy
on 21/04/2022, 08:31:25 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?
Depending on each person's understanding, we will see the potential as well as the risks of coins in this market. Personally, I have always preferred the best altcoin I know, ETH, but in addition to the trends that accompany each bull market, we will also look at a number of criteria, such as the ability of projects, that is, their problem-solving activity in this market, as well as their transparency in the development process.