Post
Topic
Board Altcoin Discussion
Re: What altcoins do you think are currently still cheap but have good potential for
by
Coyster
on 30/07/2023, 21:21:59 UTC
When looking for altcoins with good potential, consider factors like the project's technology, use case, team, and community support. Diversify your investment portfolio and only invest what you can afford to lose. Avoid chasing quick gains and focus on projects with solid fundamentals
It is pretty difficult to find Altcoins with an actual utility or use case, an Altcoin might have a team that seems good and due to hype they might have a small community of supporters, but it does not mean that the Altcoin is good. It is quite risky to diversify amongst different Altcoins, especialy the new ones, because they might all fail. I think it is safe to buy more of Bitcoins and Altcoins should take only a small portion of your portfolio.