How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
The market condition isn't running good around 1years. So it's really high risk to investing on altcoin. Even then, by keeping some basic in mind, I think profit can be earned.
- Research about the team
- Take a look their road map
- In most cases tokens with lower supply have more potential
- Select if there have burning option
- Avoid tokens that increase supply at will
I personally follow these step . But My advice will be that can be better holding btc , eth , bnb ,ltc ,solana.