Post
Topic
Board Speculation (Altcoins)
Re: What are the criteria for choosing altcoin
by
RussianEnglishTranslation
on 03/06/2022, 14:45:58 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?
When the market is frothy then everything and anything can pump. That said, you don't want to get stuck with meme coins when the music stops. A better solution is investing in ISO20022 projects or the internet computer. You know, projects that are becoming the new industry standards and that will be adopted by enterprise, banking and governments.