Post
Topic
Board Speculation (Altcoins)
Re: What are the criteria for choosing altcoin
by
deadpanxfitter
on 29/05/2022, 10:32:33 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?


It will still dеpеnd оn how you see these factors. If they're important to you then that's part of your picking but if they don't make sense to you then there's no need for you to look at those. But honestly, utility is one of the factors that many investors are looking that.
We like tokens that have real usage and being used for utility because that's part of the factor that we're looking at if there's a use for that token and it's not just for speculation through trading.