Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: noahlucas on March 31, 2023, 11:24:17 AM

Title: How can I choose which cryptocurrency to invest in?
Post by: noahlucas on March 31, 2023, 11:24:17 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Pepelepew on June 07, 2023, 11:35:49 AM
For me, the project is very important, so I've never been a memecoin fan. For example, the last token I bought was Cirus. The team works in web3 and AI and they are constantly developing.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: SeamusCastillo on June 27, 2023, 01:06:27 PM
Hey there! That's some solid advice for selecting crypto investments. Checking the market capitalization is indeed a smart move to gauge the popularity and growth potential of different cryptos. It's also crucial to stay informed about global events impacting their prices.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: adamrp12 on June 29, 2023, 09:45:31 PM
Would be nice to catch a new pump and buy it back on the dip. I want a new Rolex so bad haha :D
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Muhammad Bashir on June 30, 2023, 10:29:14 PM
What I do is to do an extensive research on projects with crypto solutions, put them on my watchlist on my favourite exchange (which is actually Bitget and OKX), then begin a strategic DCA plan.
But sometimes it could be a new project I've been following for a long time like TypeIt (TYPE) or some DeFi projects like APT.
But if you are a trader, I recommend you backtest your Technical Analysis before you go on and trade
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: nejatmermi on July 01, 2023, 10:35:45 AM
It would be useful for you to diversify the tokens in your basket according to your projects. I would even suggest you to investigate Cirus, which works in web3.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: XTRAVAGANGA on July 01, 2023, 05:56:43 PM
I usually pick cryptos from top 10 on either CoinMarketCap or CoinGecko and research on it. Another thing i do is to check top performing coins on Bitgetglobal or Binance where I usual trade and research about it. If i like the fundamentals, features and utility i will likely invest in it
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Julia77 on July 04, 2023, 06:31:26 AM
How can I choose which cryptocurrency to invest in? Currently, cryptocurrency is experiencing a real boom. Professional miners buy and store promising coins.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Julia77 on July 05, 2023, 11:24:04 AM
For me, the project is very important, so I've never been a memecoin fan. For example, the last token I bought was Cirus. The team works in web3 and AI and they are constantly developing.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Shezcute Abbie on July 06, 2023, 05:11:20 PM
  Choosing which cryptocurrencies to invest in can be difficult because the market is unpredictable, but you can consider some important factors. Look at the market capitalization of a cryptocurrency, which is the total value of all its outstanding coins, to find more stable and less volatile options. Understand the technology and use case of a cryptocurrency to see if it solves a real problem and has a good chance of long-term success. Check the strength of the community and DevelopmentTeam behind a cryptocurrency to see if it has potential for growth and adoption. Look for highly liquid cryptocurrencies that are easy to buy and sell, and make sure to consider the regulatory environment surrounding a project. Remember to do your own research, understand the risks involved, and diversify your investments to reduce risk.
 These are the steps I take in choosing which cryptocurrencies to invest in. I usually get pop up notifications about new cryptocurrency listings and events from the Bitget trading app, like the recent one I received for BMTC, with a corresponding Super Airdrop event worth 10K BMTC for BGB holders. As enticing as this seems, best believe that I still followed due procedures as stated above, before resolving to participate and possibly invest in it when it finally gets listed.

I hope this helps you and other readers!
 
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Best on July 10, 2023, 08:45:39 AM
If you're a long-term investor, choosing a good cryptocurrency should be very crucial for anyone. Like me, my choice depends on the project and what utilities they get to offer. I still have BGB token since the last time I bought it because of its solid utility. As is an exchange token I get a chance to earn many incentives from its exchange, Bitget. And most importantly, is still new and below $1 so there's still more to benefit on.

Hope this helps
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: fraierok on July 12, 2023, 07:06:43 AM
Hey! Choosing which cryptocurrency to invest in can be exciting and challenging. It's essential to do thorough research and consider factors like market trends, technology, and the team behind the project.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Iamdhelyia Perez on July 12, 2023, 11:07:12 AM
if you are new to crypto. the safest bet to invest are the popular coins btc, eth and stablecoins. if you are still in a learning stage when it comes to trading, better make use of your exchange spot grid trading. it acts as your auto trader that buy low and sell high depending on the market. this will also act as your passive income while you're still on the process of finding your crypto to invest.

this is not a FA but as a user myself, i got this idea from several beginners who grow their assets through spot grid trading. guaranteed safe and low risk. ofcourse the next question would be which exchange is highly recommended that has this feature. either binance and bitget which also gives recommendation on setting up your spot grid trading. hope this helps!
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: jenny crypto on July 13, 2023, 11:52:37 PM
The most basic principle is always: DYOR – Do Your Own Research. Before you invest into any cryptocurrency, you need to do some fundamental research on the project, its use case, its team and founders, its token economics and the underlying technology if you’re wondering how to choose cryptocurrency that’s right for you, it’s essential to keep in mind that there are different ways to approach this. One approach is to consider the best penny cryptocurrency to invest in 2023 for shortterm gains. This involves looking for coins with low prices and high potential for growth in a short period. However, it’s important to note that this approach can be more volatile and riskier than other approaches.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Dianacruze on August 24, 2023, 11:34:55 AM
If you are a beginner in the trading world. You must research and understand cryptocurrency uses, strategies, and market trends. from my point of view you can start investing in Etherem and Bitcoin.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: cryptoworld1 on September 30, 2023, 08:32:38 AM
XRP is a good coin for investment. It is most popular cryptocurrency the price go very high in the future. i like XRP
What's your opinion about XRP?
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Tanveer Ahmad Saifullah on October 15, 2023, 07:12:13 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
I think that before buying any new coin or crypto, or even planning your own, it's important to know about the background of a project or what their goals are, and what their team is like.  A good thing is that it should also be seen what level of technologies are in the background or involved, how secure their system is, or how much the community likes it.  It has a future in the coming days, and an important thing is that whichever coin you buy or want to invest in, then at least do a risk analysis.  So that the possibility of loss to you can be minimal.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Dianacruze on October 31, 2023, 02:04:17 PM
In my point of view first, you should carefully know about what is cryptocurrency trading. what are the crypto trading strategies? then you can get one idea on investing in cryptocurrency.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Peter90 on November 04, 2023, 10:33:19 AM
One way to select your next crypto investment is to look at the current market capitalization.

Market cap doesn't help to understand whether the trend is up or down.

Buying a crypto based on its Mk cap is like buying a crypto based solely on its price.
The price of an item per se doesn't tell you if that price is going up or down.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Peter90 on November 04, 2023, 10:37:09 AM
For me, the project is very important, so I've never been a memecoin fan. For example, the last token I bought was Cirus. The team works in web3 and AI and they are constantly developing.

Like me, my choice depends on the project and what utilities they get to offer.

I agree 100%
The utility of a cryptocurrency - and the skills of the management to develop the project towards that utility - decide ultimately about its long-term success.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: R100K-Martin-Lunger on November 04, 2023, 05:35:03 PM
When it comes to selecting the right cryptocurrency for your investment, a few key factors should be on your radar. Let's break it down in simple terms:
Market Capitalization: Start by checking out the market cap of a cryptocurrency. This tells you about its size and how easily you can buy or sell it.
Technology: Next, dive into the technology behind the cryptocurrency. Is it something groundbreaking, scalable, and secure?
Use Case: Ask yourself what the cryptocurrency is actually for. Does it have a real-world purpose? Is it catching on with businesses and institutions?
Team: Take a peek at the people behind the scenes. Do they have experience and a good track record?
Community: Explore the community around the cryptocurrency. Is it active and supportive? Is the project making progress?
Once you've weighed these factors, you'll have a clearer picture of where to invest. And remember, always do your own research and back the cryptocurrencies you truly believe in.
Here's some extra advice:
•   Diversify: Don't put everything into one cryptocurrency. Spread your investments to lower risk.
•   Think Long Term: Cryptocurrency is a rollercoaster. Be patient and invest for the long haul.
•   Only Risk What You Can: This is crucial - never invest money you can't afford to lose.
For more insights and guidance on cryptocurrency investments, check out my website r100k.com.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: R100K-Martin-Lunger on November 30, 2023, 08:22:57 PM
If you are a beginner in the trading world. You must research and understand cryptocurrency uses, strategies, and market trends. from my point of view you can start investing in Etherem and Bitcoin.
Solid advice. I would also encourage them to seek some form of mentorship especially in the beginning. There is a learning curve to investments. A program to guide people new to the trading world is a good choice.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Uzairmoti11 on December 05, 2023, 11:33:20 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
Careful analysis always choose good investment strategy and search good altcoins. It takes great thought to select a cryptocurrency to invest in. Investigate the project foundations, know its use case and evaluate the technology involved. Look out a successful team that is transparent and strong. Analyze market trends and adoption prospects. To spread risk, diversify your investments. Think about the active development and support from the community. Keep up on changes in regulations and security protocols. Finally, before making any decisions, always invest those funds which you can afford it if you face lose and read reliable sources for assistance.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Thyplaymaker on December 10, 2023, 12:25:33 PM
At first do your personal research, you can do your research on coinbase, coingecko. Through those websites you can access alot of coin. Then you can decide the right coin of your choice. But to me coin that have good potential when its come to long term investment. Those are coins are  BTC, ETH,XRP. I would have included Solano but it has risen to a higher rate already. But there's still high chances it will continue.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: CryptoLaila on December 13, 2023, 01:00:10 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
I don't think looking at the market capitalization should be enough. One still need to work our a lot of stuff to choose  a crypto for investment,  literally you still need to know the origin  of  such crypto not only interm of their establishment but in terms of their flexibility and how competency such crypto market is and might tend to be. Having a deep knowledge before investment helps alot in an investment Journey
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Princehaydar001 on December 14, 2023, 02:29:03 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
Well, market capitalization is something good to consider especially if you want high profit. But doing your research about the whereabouts of the projects, its owners, how legit the project is and so on in order to be safe if you invested, and also to have rest of mind.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: UNBANK on December 14, 2023, 07:15:54 AM
Navigating Cryptocurrency: Picking the Right Money Stuff
Choosing which cryptocurrency to invest in might sound tricky, but we're here to simplify it. Let's break it down and check out how Unbank can make things even easier for you.

1. Know What You Want

First things first – figure out why you want to invest. Are you looking for quick gains or playing the long game? Different cryptocurrencies do different things, like fast transactions or super-secret privacy features.

2. Learn Stuff

Get the lowdown on the cryptocurrencies you're eyeing. Read up on their tech, what they're for, and who's running the show. Keep tabs on the news to stay ahead of any big changes.

3. Spread the Wealth

Put only some of your money in one crypto basket. Diversifying – that means spreading your money around – helps you play it safe. Big coins like Bitcoin and Ethereum are cool, but don't forget the smaller ones with potential.

4. Size Matters: Market Cap and Liquidity

Market cap is a fancy way of saying how much a cryptocurrency is worth. Bigger usually means safer. Also, check if it's traded a lot – that's liquidity. Stick to cryptocurrencies on popular exchanges with lots of trading action.

5. Tech Check and Team Vibes

Make sure the tech behind a cryptocurrency is solid – like, it works well. And a good team is key. Check if they update things often and talk with the community.

6. Rules and Stuff

Cryptocurrency rules can be different everywhere. Make sure your pick plays by the rules in different places. Following the rules means less drama.

Unbank: Making Cryptocurrency Easy-Peasy
Now, let's talk about Unbank. They're trying to make cryptocurrency easy for everyone, especially the 2.5 billion folks without a regular bank. Here's how they help:

Unbank ATMs: Crypto  Machines

Unbank has these excellent ATMs all over, making it super easy to buy and sell cryptocurrencies. Whether you're a pro or just starting, these ATMs are your crypto pals.

Easy-Peasy App

Unbank has a super easy app for your phone, and you can get it on iOS and Android. It's like texting but for buying and selling crypto. Simple, right?

Pay with Cash, No Sweat

Unbank thinks buying crypto should be as easy as texting a friend. That's why they let you use real cash for your crypto buys. Super handy if you like keeping things flexible.

So, choosing the right cryptocurrency is about knowing what you want and doing a bit of homework. Unbank jumps in to make it even easier, bringing crypto to more people. Whether you're into the big names or the underdogs, Unbank has your back.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gm Jutt on December 16, 2023, 12:49:27 PM
Thats a good point... When choosing which cryptocurrency to invest in... it's important to look at market capitalization. This tells you how much the cryptocurrency is worth... and how popular it is. By checking the rankings... you can see which cryptocurrencies are doing well.

It is also important to keep an eye on events happening around the world... that can affect cryptocurrency prices. Things like changes in rules... announcements from governments.. trends in the economy.. and even big global events... can all make a big difference to how much a cryptocurrency is worth. Knowing about these events can help you make better investment choices.... and predict how prices might change.

It is also worth mentioning that while market capitalization... and external events are important... it is a good idea to do some research on the basics of a cryptocurrency. This means understanding how the technology works... what it can be used for.. who is working on the project.. and what its long-term potential is. These things are all important to think about when deciding where to invest your money.

Overall.... looking at market capitalization... staying aware of global events... and doing some research can all help you make better decisions when choosing which cryptocurrency to invest in.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: gunhell16 on December 19, 2023, 03:36:03 AM
When choosing a potential cryptocurrency, I think the advantage that will be the basis for that is to choose the cryptos that are in the top 30 listed in the market. At least if they make it look like coinmarketcap, Coingecko, and other platforms like this, an investor's capital can be placed without hesitation.

Although it's not that easy to choose a crypto to invest in, But if we know how to choose, it's also certain that we won't just be fooled by those who take advantage of a coin in this industry that's just hype.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gladitorcomeback on December 20, 2023, 08:13:06 PM
When choosing a potential cryptocurrency, I think the advantage that will be the basis for that is to choose the cryptos that are in the top 30 listed in the market. At least if they make it look like coinmarketcap, Coingecko, and other platforms like this, an investor's capital can be placed without hesitation.

Although it's not that easy to choose a crypto to invest in, But if we know how to choose, it's also certain that we won't just be fooled by those who take advantage of a coin in this industry that's just hype.

Investing in the top cryptocurrencies in the market is a good idea, but often the top cryptocurrencies are old tokens that have performed well in the previous bull season. Many people also choose a top cryptocurrency, because they think it will break its all-time high next times,but this is not necessary and often such coins do not even reach their all-time highs.

If we were to think that Top Crypto is the safest, it would also be wrong, because both Luna and FTT were among Top Crypto, and both caused a lot of damage to people. So to get good profit one should also choose new coins. However, whatever project is to be chosen, investigation and research is very important. Majority of people have made good profits by choosing the best new project.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Bobcrypto on December 21, 2023, 09:23:04 AM
As a matter of facts, choosing cryptos for investment is strictly an individual plans and strategies. As will can see on the market, every coin/token has their use cases, and as such, it depends on what in individual what to achieve wether on a short or long term basis. Choosing a crypto for investment normally start with research about the coin/tokens to determine the project plans and the coin/tokens usercase. I think this is where decisions comes in and selections based on choices.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: KryptoBull on December 21, 2023, 11:52:02 AM
Everything depends on your understanding and investment criteria. If you want to be safe, BTC is the best choice. If you are willing to accept higher risks to get better profits, top altcoins like ETH, SOL, XRP, ADA are suitable. I think those are the tokens that you can choose for the category. If you want to experience some interesting things: choose the best tokens according to the criteria: trend, tokenomics, team, partners.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Ehyowiz on December 22, 2023, 08:56:03 PM
Everything depends on your understanding and investment criteria. If you want to be safe, BTC is the best choice. If you are willing to accept higher risks to get better profits, top altcoins like ETH, SOL, XRP, ADA are suitable. I think those are the tokens that you can choose for the category. If you want to experience some interesting things: choose the best tokens according to the criteria: trend, tokenomics, team, partners.
   Investing in Bitcoin is a very good idea couple with that the fact that it comes with its ow benefits. But then since bitcoin is now expensive to have, unless you’re looking out at investing with huge capital you can invest in other less expensive coin to yield better profits with your little capital. They are other opportunities in the crypto space that you can jump on, you just need to DYOR so you won’t get burnt. Cryptocurrency comes with its own plenty benefits, it’s never too late to venture in any of the projects as long as you’ve done you research.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: sampoerna on December 22, 2023, 11:27:37 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
Personally, the first thing I would choose is Bitcoin. Bitcoin is the first and main priority for investing in crypto, no matter how much it is, it will be quite valuable in the future.

Then when we talk about altcoins, I will prefer top coins. Like Ethereum, BNB, XRP, automatic, and maybe ADA. Then for the short term, maybe we can think about projects that actually have short term potential, but unfortunately this is quite a risky method and it is better to avoid it if you are in doubt and are not high risk takers.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Rembroman on December 23, 2023, 09:46:03 AM
You need to search the forums for discussion of various tokens and then do your research. For example it helped me so much to find my gem TFS token, still allows me to profit from their large APY. But I advise you to check and research everything yourself
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: shuvenker999 on December 23, 2023, 01:09:21 PM
Choosing the right cryptocurrency to invest in can be a challenging task, as there are thousands of cryptocurrencies available, each with its own unique features, risks, and potential rewards. Here are some key factors to consider when evaluating cryptocurrencies:

1. Purpose and Use Case
2. Market Capitalization
3. Liquidity
4. #DevelopmentTeam
5. Security
6. Adoption

Remember, cryptocurrency investments are speculative and carry significant risks, so it's important to thoroughly research and evaluate your options before making any investment decisions. Additionally, diversifying your portfolio and only investing what you can afford to lose can help manage your risk.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: vegasus on December 24, 2023, 11:55:13 PM
Indeed, it will be quite difficult to choose coins that are based on market cap because basically there are so many altcoins which can be confusing. Moreover, if we don't understand how it is done, it will be confusing. But lastly, only choose top coins. Bitcoin, ETH, BNB, ADA, XRP. Matic
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: masudginanjar on December 25, 2023, 01:14:30 PM
https://coinmarketcap.com/currencies/shiba-inu/

SHIBA, maybe I would suggest the SHIBA token to be the choice of the owner of this thread because logically this SHIBA coin is still cheap and is still on par with very cheap coins such as BONK, Baby DOGE etc.
But the risk of the SHIBA token is that this token still has ongoing development and SHIBA is also a token from ERC20, whose parent is Ethereum.
But it all comes back to each of us because I am just suggesting that I am the Hodler of the SHIBA token.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bettercrypto on December 25, 2023, 03:10:05 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

If you are a beginner in an industry like this in the crypto space, you should base your choice of cryptocurrencies on the platforms of Coingecko, CoinmarketCap, and Crypto.com. The top 30 altcoins that are listed should be the basis of the top 30 listings on their platform.

And in this way, at least the risk of the capital, which is our capital, will be reduced. But of course, we still need to do our own research so that we can see if it has potential or not and so that we don't get scammed by exploitative scammers.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: zilzylian on December 25, 2023, 03:17:54 PM
You can choose many tokens that are not yet registered on CoinMarketCap, for example tokens on the Solana network which are currently in hype, there are a lot of risks when you choose a new token, but I suggest looking at what the project idea is and making sure it has an active community on Twitter or Discord.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: MrSpasybo on December 25, 2023, 05:35:51 PM
Investing is to make profit, so safety and growth criteria should be fully considered:
+ Project team
+ Problems, project ideas and solutions
+ Potential market of project
+ Tokenomics
+ Participation of major partners
+ IDO, IEO, AMA events of the project
+ Project's position in the ecosystem: native token or regular token
+ Trends that the project can participate in: Defi, RWA, GameFi...

By understanding these factors well, investors will be able to make decisions more easily regarding the choice of token and the amount of capital for that token. In addition, expectations about take profit price and stop loss price also need to be determined right at the time of investment initiation.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: TopT3ns on January 06, 2024, 08:34:26 PM
Investing is to make profit, so safety and growth criteria should be fully considered:
+ Project team
+ Problems, project ideas and solutions
+ Potential market of project
+ Tokenomics
+ Participation of major partners
+ IDO, IEO, AMA events of the project
+ Project's position in the ecosystem: native token or regular token
+ Trends that the project can participate in: Defi, RWA, GameFi...

By understanding these factors well, investors will be able to make decisions more easily regarding the choice of token and the amount of capital for that token. In addition, expectations about take profit price and stop loss price also need to be determined right at the time of investment initiation.
The criteria you mentioned are very correct, and this explanation gives many people the knowledge to enter the world of cryptocurrency so that they always make a profit and don't get trapped in low-quality projects. The price of tokens or coins from a project will develop automatically depending on the quality and use of the product. That is, when the product is very popular with many people, it will provide quite high value.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Jaephoenix on January 06, 2024, 09:58:56 PM
Depends ultimately on your greed levels and your risk tolerance. If you decide to try and get rich quick, damning all consequences and following the high way, you can try the low cap tokens which consists mostly of meme coins or shitcoins.
Then if you want to take it easy with low risk tolerance and greed, do the high caos which consists mostly of the  top 10 coins on coinmarketcap
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: jonathancool220 on January 07, 2024, 09:04:29 AM
-
The criteria you mentioned are very correct
He is very smart and experienced because he is also an expert in cryptocurrency trading, I often see him explaining charts about cryptocurrency trading and it always looks very complex and contained.
So, naturally he can explain in detail the cryptocurrency options he mentioned to choose from but OP also said that cryptocurrencies, not altcoins because cryptocurrency is a whole and we can also recommend Bitcoin to buy and invest.
But if I were to choose which altcoins I would choose, Ethereum because almost all the factors of cryptocurrency are in the Ethereum coin, it's a little different from Bitcoin because Bitcoin's creator is not known and Ethereum's creator is known, namely Vitalik Buterin and there are lots of features provided by it. Ethereum is currently on the ERC20 network.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: vs2014 on January 07, 2024, 07:07:40 PM
The number of crypto users around the world is now increasing as investors influence the price of cryptocurrencies so the crypto market will have good results in the coming days. However we buy tokens when the market is down with the thought of profiting from the bull market it is mostly profitable. But if you look at the losses, you can see new investors who invest in bad projects without realizing it in the first place which results in losses.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: TopT3ns on January 07, 2024, 09:06:57 PM
The number of crypto users around the world is now increasing as investors influence the price of cryptocurrencies so the crypto market will have good results in the coming days. However we buy tokens when the market is down with the thought of profiting from the bull market it is mostly profitable. But if you look at the losses, you can see new investors who invest in bad projects without realizing it in the first place which results in losses.
The increasing use of cryptocurrency throughout the world is not just because of investors but also because the media is talking a lot about cryptocurrency so that more and more people are curious and getting into cryptocurrency. But it is important to note that when there are more and more new users, there will also be many people who are easy to deceive because not knowing the security of cryptocurrency as long as they don't study it well will make them lose money.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: gunhell16 on January 08, 2024, 11:02:34 AM
There are many things to consider when investing in cryptocurrency. Bitcoin and cryptocurrency both have the same risk, but the risk is higher in crypto or altcoins.

When choosing new crypto projects, there is a lot to consider when choosing potential altcoins in the market. As long as you know how to look at a new coin, if it's one here, you should first look at its tokenomics, the whitepaper, and then the updates on the social media communities to see if it's big or not.

Then the teams of the projects, whether they are really legit people or not, and where they are really based, so that it doesn't become a red flag in the end.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Ehyowiz on January 08, 2024, 10:28:31 PM
There are many things to consider when investing in cryptocurrency. Bitcoin and cryptocurrency both have the same risk, but the risk is higher in crypto or altcoins.

When choosing new crypto projects, there is a lot to consider when choosing potential altcoins in the market. As long as you know how to look at a new coin, if it's one here, you should first look at its tokenomics, the whitepaper, and then the updates on the social media communities to see if it's big or not.

Then the teams of the projects, whether they are really legit people or not, and where they are really based, so that it doesn't become a red flag in the end.
   This is why it’s is important to do your own research before making any moves on any coins, not all altcoin have the potential of doing over 100x, it is important to make research first before venturing in any crypto asset, so that you won’t get burnt by the same coin. In life we learn and grow in knowledge, you can achieve anything you want to do if you set your mind to it. Don’t have the limitations mindset because you are a newbie. Open your mind to learn new things that’s how we grow.
   
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: 0t3p0t on January 08, 2024, 10:43:55 PM
Choose the one that you are comfortable with. No matter how small or big your capital is, it doesn't matter as long as you tried investing. Try to DCA for a much better and safe result.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bitterguy28 on January 09, 2024, 04:28:21 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
If you are investor that knows crypto and your coins , and also willing to truly invest by Holding then you wont be alarmed when there is news happening around the world.
instead what you will be caring for mostly is that accumulating more and more as time goes by , the more you hold is the more your chances to gain profit.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Litzki1990 on January 09, 2024, 04:24:14 PM
Bitcoin is always the best currency to invest in. If the investment is planned for long term then there is no time to invest. Ethereum or BNB can be a good choice for an investor along with Bitcoin for short term investment but if the investment is planned for long term then that investment should be done in Bitcoin. The Bitcoin market changes according to certain rules, now the price of Bitcoin is above 45 thousand dollars. Just as the price of Bitcoin will not suddenly go from $45,000 to $50,000, the price of Bitcoin will not suddenly go from $45,000 to $38,000 as we see with other coins. Investors invest in Bitcoin for long-term purposes and they are successful in investing because of the reliability of investing in Bitcoin.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: TopT3ns on January 09, 2024, 11:37:48 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
If you are investor that knows crypto and your coins , and also willing to truly invest by Holding then you wont be alarmed when there is news happening around the world.
instead what you will be caring for mostly is that accumulating more and more as time goes by , the more you hold is the more your chances to gain profit.
When I have a lot of money, I will pay attention to projects that have just been created. When the project is very good, I will enter to contribute to the pre-sale because holding assets in several altcoins is quite normal and the potential profit depends on Bitcoin price movements in the market. When the Bitcoin price rises, altcoins will also follow the price movement. Meanwhile, the price for new projects is still low, and they still have the opportunity to make a lot of profit.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: summonerrk on January 11, 2024, 05:28:40 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

To decide which cryptocurrency to invest in, I use technical analysis. Now I have invested half of my portfolio in Litecoin, because according to technical analysis, its price was at the lowest point and could not go lower.
I am sure that in the coming months the price will increase very much, because we are expecting a very active bull run.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Jaephoenix on January 11, 2024, 11:00:28 AM
There is no hard and fast way to dictate scam projects or coins. These malicious characters know about lot and have taken steps to make sure their scams are not initially detected. Having said that, there's are subtle ways one can actually pick up scammy projects. Looks outside for their social media presence. They make sketchy or no posts and don't bother about cleaning up their White paper. Also their websites may be shoddy and not up to scratch
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: LogitechMouse on January 11, 2024, 01:38:31 PM
Nah, don't stress yourself out, and pick Bitcoin.

I mean seriously, if you don't yourself to get stressed and you want to invest in any cryptocurrency, pick Bitcoin. No need to spend too much time researching, unlike altcoins where you need to spend time researching every single project. With Bitcoin, you're at least safer than most of the altcoins.

On the other hand, most of the profits are in altcoins because most of them have more upside than Bitcoin. Some altcoins can just go double or even triple within the span of a week. The thing that Bitcoin can't give to an investor in that short amount of time.

How can you choose a crypto to invest in? Just choose Bitcoin. :P
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: summonerrk on January 12, 2024, 06:06:16 PM
Nah, don't stress yourself out, and pick Bitcoin.

I mean seriously, if you don't yourself to get stressed and you want to invest in any cryptocurrency, pick Bitcoin. No need to spend too much time researching, unlike altcoins where you need to spend time researching every single project. With Bitcoin, you're at least safer than most of the altcoins.

On the other hand, most of the profits are in altcoins because most of them have more upside than Bitcoin. Some altcoins can just go double or even triple within the span of a week. The thing that Bitcoin can't give to an investor in that short amount of time.

How can you choose a crypto to invest in? Just choose Bitcoin. :P

The person who wrote the post above your post is thinking correctly. But now is a great time to invest in the first cryptocurrencies. Bitcoin is promising in itself, Ether will potentially be in an ETF, litecoin is at the bottom and therefore also has potential.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on January 13, 2024, 12:15:59 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
It is clear that the market cap of a crypto will enable us to ensure that the crypto is the best and most worthy of investment.If you don't want to do proper research, there is a mechanism that can be used to select it through the best ranking on the CMC, because you can be sure that the best ranking is due to the achievements made so that it can be trusted as a good investment.
It is still very tempting to get results from every new crypto project if we follow it, because the results obtained with new projects are very attractive but full of uncertainty and could be a scam.
Everything is returned to the individual to be able to determine which direction to go in choosing the crypto currency to invest in, because everyone can provide advice and decisions to those who have the funds themselves.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Dr.Bitcoin_Strange on January 13, 2024, 09:48:32 PM
Some years ago, there were some altcoins that really did have a very good market capitalization, and some of those coins were really among the top 10 ranking coins, but as the years went by, the project owners stopped promoting the project and investors began to sell off, which caused the price of the coin to crash. We all know that Bitcoin is the first thing to consider when thinking of crypto investment. You can further choose to add other altcoins like etherium and bnb, but if you decide to invest in other tokens, you should only invest what you are willing to lose.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: TopT3ns on January 14, 2024, 10:55:37 AM
Some years ago, there were some altcoins that really did have a very good market capitalization, and some of those coins were really among the top 10 ranking coins, but as the years went by, the project owners stopped promoting the project and investors began to sell off, which caused the price of the coin to crash. We all know that Bitcoin is the first thing to consider when thinking of crypto investment. You can further choose to add other altcoins like etherium and bnb, but if you decide to invest in other tokens, you should only invest what you are willing to lose.
It seems like more and more projects are ending like that, and most of these projects are from last year. The ease of creating tokens will provide an opportunity for developers who understand how to design new projects to commit fraud. Currently,  technology is increasingly developing, and creating digital currency is getting easier, so you have to be careful when you want to invest in cryptocurrency.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on February 14, 2024, 07:03:51 AM
It seems like more and more projects are ending like that, and most of these projects are from last year. The ease of creating tokens will provide an opportunity for developers who understand how to design new projects to commit fraud. Currently,  technology is increasingly developing, and creating digital currency is getting easier, so you have to be careful when you want to invest in cryptocurrency.
We cannot avoid the technological advances that are occurring as well as developments regarding crypto. So many new developments are born, and this results in many actions occurring that, of course, violate the rules, and fraud often occurs. but gradually the modus operandi of fraud was finally discovered so that many were able to avoid it, but there were quite a few who could still be deceived because they were usually carried away by the desire to gain more and more unnatural profits.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Altcoin1998$ on February 14, 2024, 08:34:14 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
Which coin you invest in is a really important decision in the cryptocurrency market. Investing in a good coin with verification definitely has a chance of profit but if investing in volatile and shit project then you can face big loss at any time. Moreover, one should never invest in any project without checking in haste. If decisions are made in haste, then instead of investing in good projects, only due to lack of decision, investments are often made in bad projects.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: dekafee79 on February 14, 2024, 02:45:42 PM

Which coin you invest in is a really important decision in the cryptocurrency market. Investing in a good coin with verification definitely has a chance of profit but if investing in volatile and shit project then you can face big loss at any time. Moreover, one should never invest in any project without checking in haste. If decisions are made in haste, then instead of investing in good projects, only due to lack of decision, investments are often made in bad projects.


Before investment we should do research and have analysis. I suggest you can choose top coins as priority. I bought bitcoin, ethereum, BNB, ripple, Solana, Polkadot, and Matic. Crypto is volatile, we must know the risk of this investment.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Vx1 on February 14, 2024, 03:46:02 PM
The large number of crypto coins nowadays sometimes makes us confused about choosing which one is the best, but for me we don't need to be confused. 
Try entering Coinmarketcap to select the 10 cryptocurrencies that are ranked at the top. 
I'm sure that by choosing these coins we won't make a mistake, it's just a matter of waiting for time to benefit from choosing these coins.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Jamal Aezaz on February 14, 2024, 06:41:47 PM
Hey! Choosing which cryptocurrency to invest in can be exciting and challenging. It's essential to do thorough research and consider factors like market trends, technology, and the team behind the project.

Research is important before investment in any project therefore if you are not familiar with the project's team, roadmap and goals then he should first take time to search about the project after which little or more sum according to your wealth put it into essential projects.

Sometimes new projects become successful but that success is according to the trend so if you find any project as a highly demanded and trendy then don't hesitate to invest in that project because such projects become more successful in Bull run.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Fivestar4everMVP on February 14, 2024, 07:45:28 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
If this post was a cake, i did say that it's a completely half baked cake, which in other words means that this post is not complete, as it lack full details that should make it correlate with the subject raise by you yourself.
But anyways, I understand that several of us are new on this forum and still learning how to post.

In choosing a cryptocurrency to invest in, there are many criterias one would have to look at or into aside from the market capitalization of the said crypto currency, some of such criterias is...
1. Utility
2. Community behind that cryptocurrency
3. Narrative of that cryptocurrency, making sure its a narrative people are still interested in, it could be a meme coin, defi, Ai, Nft and so on
4. Exchanges where such crypto currency is already listed on and the potential it has at listing on even bigger exchanges.

This are the ones I can call to mind at the moment, if one would find a cryptocurrency that is keeping a positive vibe in all this areas and still have a low market capitalization, I believe that a potential good cryptocurrency to invest in.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: taufik123 on February 14, 2024, 11:55:07 PM
The large number of crypto coins nowadays sometimes makes us confused about choosing which one is the best, but for me we don't need to be confused. 
Try entering Coinmarketcap to select the 10 cryptocurrencies that are ranked at the top. 
I'm sure that by choosing these coins we won't make a mistake, it's just a matter of waiting for time to benefit from choosing these coins.
CMC's top 10 is a good choice, but some coins also need research because we have to learn from LUNA, UST which is at the top of CMC's ranking is still a scam and in the end will only harm the investors.

All will have risks even though they are top CMC devices, must be vigilant and always update on the coins or tokens invested.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Mr. Magkaisa on February 15, 2024, 03:11:00 AM
        -  Don't just invest in crypto without researching it first. Now, if anyone wants to be sure, use coinmarketcap and check the top altcoins in CMC, and just shop there to see which one you think will give you profit in the short or long term.

It's good because that's our basis rather than having nothing as a reference when choosing the crypto we'll buy for our future savings, right?
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: therozaq on February 15, 2024, 05:51:26 AM
        -  Don't just invest in crypto without researching it first. Now, if anyone wants to be sure, use coinmarketcap and check the top altcoins in CMC, and just shop there to see which one you think will give you profit in the short or long term.

It's good because that's our basis rather than having nothing as a reference when choosing the crypto we'll buy for our future savings, right?

agreed, I also check the top coins, choose the potential coins from there before investment. I think it's more easy than do research. But TBH I did both, I also do research in new coins. Because new coins are more profitable but also more risk.
If we have good knowledge to research it will reduce the risk.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Google+ on February 15, 2024, 06:32:33 AM

agreed, I also check the top coins, choose the potential coins from there before investment. I think it's more easy than do research. But TBH I did both, I also do research in new coins. Because new coins are more profitable but also more risk.
If we have good knowledge to research it will reduce the risk.
Research before buying coins must be done even though the coin you are buying is currently in the top position, but if you don't have much time to do research, then just buying Bitcoin and holding it for a long time is, in my opinion, good enough. You can pay attention to the movement of Bitcoin prices from 2009 to now. Imagine that only 15 years can reach this expensive price. Even assets in the form of gold or land and even the price increase will not be like Bitcoin.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: MUGNIA on February 15, 2024, 10:32:13 AM
The large number of crypto coins nowadays sometimes makes us confused about choosing which one is the best, but for me we don't need to be confused. 
Try entering Coinmarketcap to select the 10 cryptocurrencies that are ranked at the top. 
I'm sure that by choosing these coins we won't make a mistake, it's just a matter of waiting for time to benefit from choosing these coins.
CMC's top 10 is a good choice, but some coins also need research because we have to learn from LUNA, UST which is at the top of CMC's ranking is still a scam and in the end will only harm the investors.

All will have risks even though they are top CMC devices, must be vigilant and always update on the coins or tokens invested.


updating invested coins is one thing that every crypto investor must do, where the value of crypto is always changing and always creates sudden surprises without any advance warning,
as you said LUNA disappointed many people because it was a coin that was on the rise before it fell, and no one expected it to crash straight down like that
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Garden on February 15, 2024, 11:53:08 AM
I analyze the growth dynamics of instruments. Then I choose where to invest my money. I also look at capitalization and which cryptocurrencies are most in demand.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on February 19, 2024, 08:10:36 PM

agreed, I also check the top coins, choose the potential coins from there before investment. I think it's more easy than do research. But TBH I did both, I also do research in new coins. Because new coins are more profitable but also more risk.
If we have good knowledge to research it will reduce the risk.
Research before buying coins must be done even though the coin you are buying is currently in the top position, but if you don't have much time to do research, then just buying Bitcoin and holding it for a long time is, in my opinion, good enough. You can pay attention to the movement of Bitcoin prices from 2009 to now. Imagine that only 15 years can reach this expensive price. Even assets in the form of gold or land and even the price increase will not be like Bitcoin.
Sometimes it can't be avoided that many people don't have time to do proper research and analysis, so they rely on the best ranking in the CMC list, etc., because they think that it is guaranteed. But I really agree with what you say if we cannot monitor movements at all times, then it is not impossible that one day things will go down and many incidents will occur. Indeed, altcoins are very vulnerable to change, and indeed, Bitcoin is the most appropriate thing to invest in if you cannot observe it all the time because it has been proven. You are right that the increase in bitcoin after each halving period always increases sharply and was last at $69K, and there could be a surprise next year.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gideon99 on February 20, 2024, 07:25:23 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
You are right,veiw the current market now that's the best way for you to know  the price and the inflation rate and best way you can make profits.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gladitorcomeback on February 20, 2024, 08:02:24 AM
updating invested coins is one thing that every crypto investor must do, where the value of crypto is always changing and always creates sudden surprises without any advance warning,

Updating crypto coins for investment depends upon each one strategy.  I love to make short term profit and my buying coin reason are news and something major updates coming to project. For example Elon announced something big for doge coin then I  enter in doge for short profit, similarly gaming project announce game launch. I have made a handsome profit by following same strategy. My friend updating coins for trading and he look for only volatile coins, whenever he realized that any coins having more volatility than his favorite coins, He update the list.

For choosing best coins for investment need only basic knowledge of crypto, research power and best strategy of money management. After that we have to choose any coins which best suitable with our goal.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bounceback on February 20, 2024, 08:52:15 AM
Updating crypto coins for investment depends upon each one strategy.  I love to make short term profit and my buying coin reason are news and something major updates coming to project. For example Elon announced something big for doge coin then I  enter in doge for short profit, similarly gaming project announce game launch. I have made a handsome profit by following same strategy. My friend updating coins for trading and he look for only volatile coins, whenever he realized that any coins having more volatility than his favorite coins, He update the list.

For choosing best coins for investment need only basic knowledge of crypto, research power and best strategy of money management. After that we have to choose any coins which best suitable with our goal.
For short term I think its the best way in trading and earn much profitable without hold for long term, but its not easy waiting update good or bad news about crypto exactly waiting Elon Musk make update with Doge coin. I believe doge coin potential raise up to 20% after Elon Musk make his tweet not recommended for long term trading, just few minutes after his tweet doge coin dropping drastically and must be faster when trading with doge coin.
For gaming cryptocurrency project, just an hype on the early launching with much profitable or benefit earn but after several weeks running price coin drop.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gideon99 on February 20, 2024, 09:01:05 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

The best way for you invest on crypto you need to check the coin market to know which crypto is best at that time to invest on
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on February 20, 2024, 04:57:18 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

The best way for you invest on crypto you need to check the coin market to know which crypto is best at that time to invest on
There are many indications that can be done to finally decide which coin to invest in. Of course, you are right, that MC is very decisive and is one of the easiest indicators to determine apart from other analysis. What you mean by checking the coin market is, of course, you can look for the best rankings on CMC. If you don't want to do any research and trust the mechanisms that are already available, of course, you can't be blamed either. Everyone has analysis and indications that can determine where to choose
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Geey on February 20, 2024, 06:57:29 PM
By looking at the development of the project and seeing the movement of coin charts in the market and even events related to the project, don't make quick decisions in trading and don't choose the wrong coin on the market. Many coins on the market are increasing because they are pumped by someone who has large assets and it is just a trend. Don't follow trends because then you will be trapped
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on February 27, 2024, 04:59:51 PM
By looking at the development of the project and seeing the movement of coin charts in the market and even events related to the project, don't make quick decisions in trading and don't choose the wrong coin on the market. Many coins on the market are increasing because they are pumped by someone who has large assets and it is just a trend. Don't follow trends because then you will be trapped
Sometimes, a lot of coins increase because of the role of whales who really want what they have to be regulated by them and, of course, this is not very good, but it is not easy to find out all this without listening carefully and analyzing.
I really agree, don't make decisions quickly and decide something without analyzing it well and knowing it in depth without looking at developments and movements, because everything will be determined by proper analysis, so that manipulation is avoided
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bayu7adi on February 27, 2024, 09:13:22 PM
But that is not enough, because some of those with large market capitalization have also collapsed and are now disappearing. I prefer the fundamentals of a coin, where the power is rooted and has a strong community to support the progress of the coin.

Bitcoin is supported by many large institutions and that is an indirect advantage for small investors who buy Bitcoin. Likewise with Ethereum, the bigger the roots supporting it, the stronger the coin.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: GeorgeAnthony on February 28, 2024, 12:21:51 AM
I think we dont have a system for choosing the best crypto currency. All the thing you can do is look for a real project, so the coin is founded by the most reputable companies in the world.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Joseph Lee on February 28, 2024, 01:28:10 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
I don't think MCap tells you much about a token's future potential. Apart from bitcoin, other big players like ETH, BGB and DOGE also have very large market caps yet they pump hardest during bull markets. There's more to researching cryptocurrencies than just looking at their MCaps
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: elbans89 on February 28, 2024, 03:57:23 AM
By looking at the development of the project and seeing the movement of coin charts in the market and even events related to the project, don't make quick decisions in trading and don't choose the wrong coin on the market. Many coins on the market are increasing because they are pumped by someone who has large assets and it is just a trend. Don't follow trends because then you will be trapped

It's best to look at CMC, because the top coins clearly have no doubt about their fundamentals.  If you want to invest in new coins, study the project.  If the project is really needed in the crypto world, I think the coin will have a good future, but don't forget to check the man behind the project.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gideon99 on March 05, 2024, 12:23:28 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
That's where market cap come in place, making decisions about which coin is best at a time for investment please check the current market cap and the analysis. Make sure you do more research about the coin before taking into conclusion not to take the risk. Checking market cap is very important and help when it comes to choose the right cryptocurrency to invest on.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bitterguy28 on March 05, 2024, 02:54:35 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
If you are investor that knows crypto and your coins , and also willing to truly invest by Holding then you wont be alarmed when there is news happening around the world.
instead what you will be caring for mostly is that accumulating more and more as time goes by , the more you hold is the more your chances to gain profit.
When I have a lot of money, I will pay attention to projects that have just been created. When the project is very good, I will enter to contribute to the pre-sale because holding assets in several altcoins is quite normal and the potential profit depends on Bitcoin price movements in the market. When the Bitcoin price rises, altcoins will also follow the price movement. Meanwhile, the price for new projects is still low, and they still have the opportunity to make a lot of profit.
what about now mate? that we are in bullrun? are we aiming to see increase on those project that you have invested?

was asking because I see your interest in new projects in which I did not because I am once a victim and yes so scared in investing new coins/token because of the chances of losing again.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on March 05, 2024, 03:56:04 AM
It's best to look at CMC, because the top coins clearly have no doubt about their fundamentals.  If you want to invest in new coins, study the project.  If the project is really needed in the crypto world, I think the coin will have a good future, but don't forget to check the man behind the project.
If you don't want to or don't know how to analyze, of course I agree that you should use CMC. to see what is good for investment because the potential is in the best ranking and it will definitely not disappoint you if you want to invest. If it's for a new project, it's certainly very risky and prone to fraud, which, if you make the wrong choice, will harm the funds absorbed in the new project. It's true that you should check who the person behind every project that is developed is, but sometimes that doesn't guarantee that it will be good.If you are unable to analyze, it is better to avoid new projects, even if they provide multiple profits.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bayu7adi on March 05, 2024, 09:13:20 AM
I think we dont have a system for choosing the best crypto currency. All the thing you can do is look for a real project, so the coin is founded by the most reputable companies in the world.
Yes, this indication can be seen in the list on cmc and sorted by rank too. The top ranked coins have good real projects and are also promising to be used as investment media.

Even though this still depends on each investment style, I still recommend the top coins to be able to provide lessons and the ability to survive in the world of crypto investment.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: MUGNIA on March 05, 2024, 01:28:25 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

The best way for you invest on crypto you need to check the coin market to know which crypto is best at that time to invest on

Apart from checking the market, you also have to research the project of the coin, whether it is worth investing in or not, because if we just look at the market we can be fooled by hype or fomo, unless we invest in the top 5 coins, there will be little risk if we have chosen a coin. top 5
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Jamal Aezaz on March 05, 2024, 08:07:16 PM
Apart from checking the market, you also have to research the project of the coin, whether it is worth investing in or not, because if we just look at the market we can be fooled by hype or fomo, unless we invest in the top 5 coins, there will be little risk if we have chosen a coin. top 5

Market is not always higher so we should not choose coins according to the market condition but we have to search about the token before investment. Market was green two hours ago and the price of bitcoin was 68k$ but now you can see that huge dump again take place and the price of bitcoin reduces to 64k$.

We should select top coins like that of bitcoin, Ethereum, BNB and Solana the reduce price of which does not make us hopeless because we know that these coins can easily recover back but other coins if we choose according to market condition if goes down then there will exist a possibility that such coins will become extinct.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gyrgen on March 05, 2024, 08:18:50 PM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: TopT3ns on March 06, 2024, 03:16:20 AM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: elbans89 on March 06, 2024, 05:45:05 AM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.

It is not easy to find projects that have potential and are expected to increase and become popular in the future. we have both carried out research in the past in analyzing new projects. To be honest, I'm not an accurate person in conducting research, that's why I prefer to hold safe coins like Bitcoin and Ethereum.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gyrgen on March 06, 2024, 10:46:24 PM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.

It is not easy to find projects that have potential and are expected to increase and become popular in the future. we have both carried out research in the past in analyzing new projects. To be honest, I'm not an accurate person in conducting research, that's why I prefer to hold safe coins like Bitcoin and Ethereum.
It’s very difficult, I think most people in this business rely more on luck. And your choice of what to invest in reminded me of fashion. They say when you don’t know what color will suit you, just wear black or white.Now I’m watching how memcoins have shown explosive growth and I’m wondering if this could have been predicted? When outright shitcoins brought huge profits.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: 0t3p0t on March 06, 2024, 10:57:05 PM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.

It is not easy to find projects that have potential and are expected to increase and become popular in the future. we have both carried out research in the past in analyzing new projects. To be honest, I'm not an accurate person in conducting research, that's why I prefer to hold safe coins like Bitcoin and Ethereum.
It’s very difficult, I think most people in this business rely more on luck. And your choice of what to invest in reminded me of fashion. They say when you don’t know what color will suit you, just wear black or white.Now I’m watching how memcoins have shown explosive growth and I’m wondering if this could have been predicted? When outright shitcoins brought huge profits.
Yeah since I have read a lot of investors saying "stay away or be cautious about investing in memecoins" but what had happened just recently is that most memecoins performs very well and I think it creates new batches of crypto millionaires from the recent spikes of prices.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: UNIVERSE on March 06, 2024, 11:55:10 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
At least, if you really don't understand how to analyze coins, then choose top coins. At least top 10 on CMC or Coin gecko. Yes, maybe you will be interested in various hype coins that provide multiple profits. However, if it is for investment, it will be very risky.
no, will be too risky.

It is not easy to find projects that have potential and are expected to increase and become popular in the future. we have both carried out research in the past in analyzing new projects. To be honest, I'm not an accurate person in conducting research, that's why I prefer to hold safe coins like Bitcoin and Ethereum.
I do really agree. it's no easy to find out the right new coins that will have exact potential in the future.
Moreover if it is related to new coin investment, the risk is too high. Even we may meet certain coins newly created that are very hype, this will also probably be risky for us. for, hype coins are not suitable for long term holding. Commonly, people in FOMO with this kind of new coin will face some problems, moreover if they're only following the hype. Even it is not hype new coin, even it is coin listed on exchanges, it will be also quite difficult to pick, if it is not top coins.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Crypto Library on March 08, 2024, 06:00:45 PM
Determining any cryptocurrency for investment is very difficult.Because now the market is very unstable.But this decision should be taken with discretion.You can invest in trusted projects.Which have been going on for a long time.Moreover, you can invest in trusted coins.You can invest in altcoin, meme coin but for a short time.These are the best short-term investments.  Because recently most of the altcoin and meme coin scams are coming out.  So investing in these should be minimally satisfying.Moreover you can invest in BTC for a long time.Can invest in Ethereum among altcoins.You can invest in doge coin in meme coin.But these are totally dependent on your personal preference and discretion.  Invest after understanding the market situation and the validity of the project.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Mr. Magkaisa on March 08, 2024, 07:57:20 PM
      -    In times like this or at this time, if you are new to this industry you should know how to research a project that is new to the crypto space. There are many sources, first see if they have a large community on social media platforms, telegram, Facebook, twitter, youtube and others.

You should also know how to search for new cryptos or if you are familiar with cryptocurrencies, coingecko and coinmarketcap are there as long as you check the top 100 cryptocurrencies on the platforms mentioned.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: milewilda on March 08, 2024, 08:04:41 PM
In times like this or at this time, if you are new to this industry you should know how to research a project that is new to the crypto space. There are many sources, first see if they have a large community on social media platforms, telegram, Facebook, twitter, youtube and others.

You should also know how to search for new cryptos or if you are familiar with cryptocurrencies, coingecko and coinmarketcap are there as long as you check the top 100 cryptocurrencies on the platforms mentioned.
It would really be just that normal that you would really be needing up that kind of approach on which you would really be making yourself that be wary on how this market works.
When you are still that a noob then it would really be that best that you do make your own research specially on the time that you would really be making your first investment
on which it would really be just that right that you should really be that careful on making such action because one false move then you would really be wasting up your capital.
This is why it would really be that best that you should really know on what you are doing rather than on making rush decisions without any idea on what you should gonna do.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gideon99 on March 08, 2024, 09:55:20 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

There are many things to look before choosing a crypto currency, reputation, market cap, uses case and innovation. When it comes to choosing tma crypto currency to invest in , making your personal research is very important. Additional history performance for the coin, the past performances doesn't guarantee future success you should know this, analysing a crypto currency price history can give you a clear understanding of the potential for growth.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: debra on March 08, 2024, 11:38:26 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value.
The higher market caps of the coins, the higher rank they have. It is what we can see from the marketcap, all the top coins have the highest market caps. However, it is true that we must consider other things, we must analyze the usecase of the coins in reality. If they are only meme coins, I think it is not a safe asset. It is better to choose top coins with good fundamentals.

Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on March 12, 2024, 08:55:40 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value.
The higher market caps of the coins, the higher rank they have. It is what we can see from the marketcap, all the top coins have the highest market caps. However, it is true that we must consider other things, we must analyze the usecase of the coins in reality. If they are only meme coins, I think it is not a safe asset. It is better to choose top coins with good fundamentals.
Everyone sometimes doesn't want to analyze in detail and use CMC or CGK and look at the MC of each coin to be invested.
Of course, there's nothing wrong with doing that, but not always the altcoin with the top MC is definitely better than the others.
Because active trade also influences the communities that exist in them, as well as the innovations that may often be carried out.
But determining that is also good, but indeed altcoins have many problems. If you don't analyze them properly, you might not get optimal results.
So every investment always requires preliminary analysis with confidence to determine the choice of funds that we will place.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: milewilda on March 12, 2024, 09:25:17 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value.
The higher market caps of the coins, the higher rank they have. It is what we can see from the marketcap, all the top coins have the highest market caps. However, it is true that we must consider other things, we must analyze the usecase of the coins in reality. If they are only meme coins, I think it is not a safe asset. It is better to choose top coins with good fundamentals.
Memecoins could ranked out those projects or coins that have actual utility and we've seen this stuff already and this is one of the reasons on why people would really be loving to dive with
meme coins or low caps is that they are really that tending to have that kind of profits that they could really be able to make that could changed up their lives on which this is something that
they couldnt be able to get or achieve when they do invest into those high marketcap coins. Well, this would really falls down into someones personal choice since not all would really
be having on the same things that they do have in mind when it comes to investment.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Captain Corporate on March 12, 2024, 10:52:34 PM
Another method could be just focusing on what you actually have, because if you check what you have, like as in your portfolio then it could mean that we are dealing with something that could actually show us two things. First of all, it would show us what we have and what type of investment we actually enjoy, this means that you could look for similar things and you could invest based on that. Secondly, if you want to go on a different direction then what you have, you could check what you have, and see what type of coin/token you are missing and you could invest based on that as well.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gladitorcomeback on March 13, 2024, 07:15:45 AM
The higher market caps of the coins, the higher rank they have. It is what we can see from the marketcap, all the top coins have the highest market caps. However, it is true that we must consider other things, we must analyze the usecase of the coins in reality. If they are only meme coins, I think it is not a safe asset. It is better to choose top coins with good fundamentals.

I've heard a lot of people saying that they are going to invest in low cap altcoins because they have higher potential for growth, and I could never understand the logic behind this. The market cap of a cryptocurrency is based on its price multiplied by its supply, and I don't see how a low-cap cryptocurrency can have higher potential when a low cap indicates that a cryptocurrency has a higher supply which isn't a great thing because it slows the pace of its growth even if there is high demand for it.

So it is always important for an investor to look into the projects they are investing in thoroughly and shouldn't just invest after checking their CMC page or anything like that.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: elbans89 on March 13, 2024, 09:00:21 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value.
The higher market caps of the coins, the higher rank they have. It is what we can see from the marketcap, all the top coins have the highest market caps. However, it is true that we must consider other things, we must analyze the usecase of the coins in reality. If they are only meme coins, I think it is not a safe asset. It is better to choose top coins with good fundamentals.

I'm not a fan of meme coins, I prefer coins that have a clear project. CMC is ranked based on market capitalization, and you can own the top 10 coins if you want to invest more safely. That's just a suggestion from me
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bitterguy28 on March 13, 2024, 10:25:41 AM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.
but the problem nowadays? there are already provided almost every possible project , so uniqueness is not in the table now because every possible one have been presented and has their own chain nw.
so investing in a crypto is really depend on your perception and of course your capacity to trust that coin.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Mr. Magkaisa on March 13, 2024, 07:02:36 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

         -   If there is no idea about choosing any cryptocurrency, it will be really difficult and risky on the part of an investor to buy it. But it's good that you're asking; as long as you always use it and don't remove it, do your research on a coin before you decide to buy it, especially if it's new to this field of crypto space.

You should know what platform you go to first to know if it is potential or legitimate. The question is, do you know what you are going to use? One of the platforms that you can always use is https://www.coingecko.com/ and https://coinmarketcap.com/. Choose from the top cryptocurrencies on those two platforms so that you can somehow minimize the risk, which you will do anyway.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Agbe on March 13, 2024, 10:29:08 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
Add it to what you have said, there are other ways one can use to observe the process before investing in the project. And this have been said by other users both in BTT and also here in the forum. You have to know the year of creation, population of the project channels or means to discuss about the project then if all these means are available then you can invest with a little amount first to know how legit is the project then later if you find out that the project is legit then you can increase the investment.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on March 19, 2024, 07:09:05 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value.
The higher market caps of the coins, the higher rank they have. It is what we can see from the marketcap, all the top coins have the highest market caps. However, it is true that we must consider other things, we must analyze the usecase of the coins in reality. If they are only meme coins, I think it is not a safe asset. It is better to choose top coins with good fundamentals.
I'm not a fan of meme coins, I prefer coins that have a clear project. CMC is ranked based on market capitalization, and you can own the top 10 coins if you want to invest more safely. That's just a suggestion from me
I'm also like you, but yesterday when Bitcoin increased, meme coins all moved accordingly and many have been waiting for a long time to benefit from the increase. So there are still many speculators who are still playing on meme coins because they have been trying their luck now because the price is cheap.
But I agree that it is better to choose the best altcoin that has potential that matches the MC it has so that it is in the order of CMC and CGK to be used as an investment.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gladitorcomeback on March 19, 2024, 07:31:50 PM
I'm also like you, but yesterday when Bitcoin increased, meme coins all moved accordingly and many have been waiting for a long time to benefit from the increase. So there are still many speculators who are still playing on meme coins because they have been trying their luck now because the price is cheap.
But I agree that it is better to choose the best altcoin that has potential that matches the MC it has so that it is in the order of CMC and CGK to be used as an investment.

I checked the market yesterday, and I saw that one of the meme coins, called BOME, had lost more than 50% of its value in a very short time because Bitcoin was dropping. This shows how vulnerable and unpredictable meme coins are and even if they have the potential to provide great returns, they can also make you lose a lot of money in some cases.
Imagine what would investors feel that had bought it when it was going up when they saw their investments losing almost 50% value in a day or so. This is why, it is important for investors to know and understand the risks involved with such investments.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on March 19, 2024, 07:49:30 PM
I'm also like you, but yesterday when Bitcoin increased, meme coins all moved accordingly and many have been waiting for a long time to benefit from the increase. So there are still many speculators who are still playing on meme coins because they have been trying their luck now because the price is cheap.
But I agree that it is better to choose the best altcoin that has potential that matches the MC it has so that it is in the order of CMC and CGK to be used as an investment.
I checked the market yesterday, and I saw that one of the meme coins, called BOME, had lost more than 50% of its value in a very short time because Bitcoin was dropping. This shows how vulnerable and unpredictable meme coins are and even if they have the potential to provide great returns, they can also make you lose a lot of money in some cases.
Imagine what would investors feel that had bought it when it was going up when they saw their investments losing almost 50% value in a day or so. This is why, it is important for investors to know and understand the risks involved with such investments.
When bitcoin is corrected, everything is affected and no one is able to move up, especially with meme coins. It is clear that they will probably experience a sharp decline, because previously they were the ones that rose the sharpest.
The risk of the meme coin is that it can increase quickly but can also fall quickly, so those who dare to speculate and want to hold on to the meme coin, if you don't have the courage, of course, it's not recommended because the meme coin is a vulnerable investment and is a typical short-term investment. I think all old investors already know about the meme coin thing, and it's not their main target, it's just a side target.

Note: Bome memes have actually increased in the past 7 days based on information on CMC reaching 1,280%
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: DaNNy001 on March 19, 2024, 07:54:16 PM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.
but the problem nowadays? there are already provided almost every possible project , so uniqueness is not in the table now because every possible one have been presented and has their own chain nw.
so investing in a crypto is really depend on your perception and of course your capacity to trust that coin.
When I see many people ask these questions about them identifying the right coin it just makes me wonder how possible is this for another person to do research and give to you and then you will be comfortable with it because I believe in this crypto space and journey self learning and research is actually the best thing you owe yourself and besides the tons of coin out there makes it almost impossible for one to actually trust in any new project or even old coin and that's why the only recommendations I give is practically based on Bitcoin because it's the only coin am well certain of.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gyrgen on March 19, 2024, 10:29:25 PM
I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.
Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.
but the problem nowadays? there are already provided almost every possible project , so uniqueness is not in the table now because every possible one have been presented and has their own chain nw.
so investing in a crypto is really depend on your perception and of course your capacity to trust that coin.
When I see many people ask these questions about them identifying the right coin it just makes me wonder how possible is this for another person to do research and give to you and then you will be comfortable with it because I believe in this crypto space and journey self learning and research is actually the best thing you owe yourself and besides the tons of coin out there makes it almost impossible for one to actually trust in any new project or even old coin and that's why the only recommendations I give is practically based on Bitcoin because it's the only coin am well certain of.
And right now you’re buying it yourself? In general, you shouldn’t give advice to anyone, especially in crypto, because you can very likely get punched in the face for bad advice. Well, if you write that you need to self-develop and you yourself give out advice only for Bitcoin, then I’m tormented by vague doubts, are you really developing as you write?
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: FOKA33 on March 20, 2024, 10:54:27 AM
Choosing the right and ideal cryptocurrency is for longer term Investment goals, by doing your personal research, market capitalization, the total supply, it potentials, uniqueness and users case and other factors.note it isn't a get rich quick scheme.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: $crypto$ on March 20, 2024, 03:54:37 PM
I'm also like you, but yesterday when Bitcoin increased, meme coins all moved accordingly and many have been waiting for a long time to benefit from the increase. So there are still many speculators who are still playing on meme coins because they have been trying their luck now because the price is cheap.
But I agree that it is better to choose the best altcoin that has potential that matches the MC it has so that it is in the order of CMC and CGK to be used as an investment.

I checked the market yesterday, and I saw that one of the meme coins, called BOME, had lost more than 50% of its value in a very short time because Bitcoin was dropping. This shows how vulnerable and unpredictable meme coins are and even if they have the potential to provide great returns, they can also make you lose a lot of money in some cases.
Imagine what would investors feel that had bought it when it was going up when they saw their investments losing almost 50% value in a day or so. This is why, it is important for investors to know and understand the risks involved with such investments.
Risk is something we have to know from the start, even before investing we have to realize that risk will always be there, especially if we invest in meme coins.

I will not deny that the benefits that meme coins can provide are very large, but it is equivalent to the risk that we will accept in a very short time. As we can see, I actually don't pay much attention to the Bome coin, but from what you said, it's predictable how the meme coin can fall so deeply in just a matter of hours.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Aanuoluwatofunmi on March 20, 2024, 04:17:46 PM
Its very important that when we are still newbies, we don't have to make decision on our own, instead, we need enough time to research and invest on our self the required knowledge needed to start, this will help us to be able to distinguish between cryptocurrencies, then we make this research under a widen scope and learn from what other people or investors are seeing towards a particular crypto project before we can choose any to invest. 
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: jeraldskie11 on March 20, 2024, 05:01:43 PM
I agree that market cap is an important thing for choosing a coin to invest in. It's a way to determine if a coin is very volatile or not. And this is what I've been looking for when investing a good coin. But using market cap solely to invest a coin is not reliable, because there a coin who have only have few holders even though they have huge market cap, they can easily dump a coin if they want. So it's good to have a screening to a coin you are going to invest.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Rex067 on March 21, 2024, 03:49:16 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

Not only the market cap also check the coin community before make further moves and check othrr factors affecting the prices will also help.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Rex067 on March 21, 2024, 03:51:48 AM
How can I choose which cryptocurrency to invest in? Currently, cryptocurrency is experiencing a real boom. Professional miners buy and store promising coins.

Yes they are lots of promising coin which ends up without value. That's why it's necessary to check on the current market cap and also the coin community if it is strong Enough to raise the coin up.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: EthereumDev_ on March 22, 2024, 11:44:06 PM
I agree that market cap is an important thing for choosing a coin to invest in. It's a way to determine if a coin is very volatile or not. And this is what I've been looking for when investing a good coin. But using market cap solely to invest a coin is not reliable, because there a coin who have only have few holders even though they have huge market cap, they can easily dump a coin if they want. So it's good to have a screening to a coin you are going to invest.
Yes, you are right, before purchasing cryptocurrency assets, the best way is to look more deeply at the supply and what products are being developed in this project, and to look at the team behind this coin. Sometimes the coins created are often used by irresponsible individuals to trap new traders who don't fully understand the exchange.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: dekafee79 on March 24, 2024, 05:15:28 AM
I agree that market cap is an important thing for choosing a coin to invest in. It's a way to determine if a coin is very volatile or not. And this is what I've been looking for when investing a good coin. But using market cap solely to invest a coin is not reliable, because there a coin who have only have few holders even though they have huge market cap, they can easily dump a coin if they want. So it's good to have a screening to a coin you are going to invest.
Yes, you are right, before purchasing cryptocurrency assets, the best way is to look more deeply at the supply and what products are being developed in this project, and to look at the team behind this coin. Sometimes the coins created are often used by irresponsible individuals to trap new traders who don't fully understand the exchange.

Research and analysis must be done before buying coins, because we have to understand what project we are going to buy coins for. if I don't intend to buy coins or tokens from new projects, I prefer to invest in top coins, of course this is a project that has been popular and old, there is no doubt there
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Primo1760 on March 24, 2024, 11:38:09 PM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
Of course I focus on the most popular currencies to see which cryptocurrencies to invest in. For example, I focus on the top coins on CoinMarketCap or the top exchanges. Also I invest very little in new projects I always focus on Bitcoin and Ethereum to invest. Because Bitcoin and Ethereum are the most popular and less risky to invest. But for investing it is always important to look at how much influence the market has had and how much influence it may have in the future. Also if a person is focused on bitcoin and ethereum I don't think he needs to remember any other way or any other way to invest.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Fivestar4everMVP on March 24, 2024, 11:56:45 PM
For me, the project is very important, so I've never been a memecoin fan. For example, the last token I bought was Cirus. The team works in web3 and AI and they are constantly developing.
Well, like it or not, meme coins over the years have proven to be a very important part of the crypto currency ecosystem, and the sooner you realize this and try to take part in the good ones to enjoy the reward that comes with it, the better for you.

I particularly picked your comment to reply to because I was once exactly like you, I ignored meme coins for years while I was by the side watching it as it made alot of its investors millionaires in their various local currencies, while I kept ignoring and missing out on really good opportunities.

What I did advice you is, don't ignore any narrative in crypto currency investment, make sure to invest some money in every crypto currency narrative, no matter how little, for you never know from which of this narrative you will make your most gain from.
Like I said before, I ignored meme coins for several years because I consider them shit, but after missing out on several good opportunities, I decided to start putting some small amount of money in meme, and surprisingly, I am currently in huge profit on every single meme coins I've invested in the past months and weeks, meanwhile some of my investment in technologically backed crypto currencies are still down below my initial entry price.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: IvugeoEvolutionCoin on March 25, 2024, 11:58:46 PM
Research and analysis must be done before buying coins, because we have to understand what project we are going to buy coins for. if I don't intend to buy coins or tokens from new projects, I prefer to invest in top coins, of course this is a project that has been popular and old, there is no doubt there
It's true, by doing research first before buying coins you can prevent buying coins that don't have profit potential. However, right now I don't need to do that because I'm currently more focused on Bitcoin and want to enjoy the profits from the upcoming Bitcoin halving. few more days.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Jamal Aezaz on March 26, 2024, 06:36:47 PM
It's true, by doing research first before buying coins you can prevent buying coins that don't have profit potential. However, right now I don't need to do that because I'm currently more focused on Bitcoin and want to enjoy the profits from the upcoming Bitcoin halving. few more days.

Buying of coins is easy if you have money but the main thing is that we have not to buy every type of coin and choose a basic coin after a complete research. Research well because the objectives of every project is not achievable that are present in the whitepaper of that project so be careful in choosing any project.

If you are more focused in bitcoin investment then surely you don't need any investigation about it but you should just control your emotions and plan a target for selling otherwise bitcoin will be risky too for you if you are unaware of the fundamentals.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on March 27, 2024, 09:38:17 AM
Research and analysis must be done before buying coins, because we have to understand what project we are going to buy coins for. if I don't intend to buy coins or tokens from new projects, I prefer to invest in top coins, of course this is a project that has been popular and old, there is no doubt there
The main requirement when we really intend to invest in a new coin, is a good analysis of all aspects that we can know, especially who is behind the project. But it is true that currently investing in new coins is very risky and many are scams, even though the profits provided may be quite tempting. It is indeed better to invest in certain ones, in potential coins that are available quite a lot with smaller risks. What we are looking for is the profit we can get from investing, so always remain selective.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: 1020kingz on March 27, 2024, 10:57:17 AM
First thing you would consider is the team behind the project and all other documents of the project (social media, whitepaper etc.). Next is the utility of the token or coin you want to invest in. Also you can check what platforms their project backed up (VC, or other solid projects or exchanges). So far these things you must consider before choosing coin or token to invest.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: jamadrianne on March 27, 2024, 04:26:54 PM
You have to look for the infrastructure of the project, which consists of Market Capitalization, Volume, Tokenomics, Roadmaps, Community Size and etc. This will help on how to choose a good project to join in. We have to keep in mind the risks, DYOR. Cheers!
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: LUCKMCFLY on March 27, 2024, 06:28:54 PM
First thing you would consider is the team behind the project and all other documents of the project (social media, whitepaper etc.). Next is the utility of the token or coin you want to invest in. Also you can check what platforms their project backed up (VC, or other solid projects or exchanges). So far these things you must consider before choosing coin or token to invest.

Yes, those things are very important, but I think it is also important that you have to see very well where they will be in the exchanges, if it is a centralized exchange and the better, they don't like decentralized exchanges when it comes to new projects because it is It is very difficult for them to generate trust, they always rely on decently organized exchanges and promises to have them listed on Bianance, Kucoin, among others.

I like Projects that have some backing , for example Projects like casinos, but I hope they don't fail, that's the best, however I'm Always going to lean towards those that see a lot of future in them and that's where they benefit the most. study the way the characteristics that you say are very important.

Now more than ever we should see the things that concern us, like the capitalization of the market, how many clients they have, how much community they have, All that matters.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on March 27, 2024, 06:33:51 PM
First thing you would consider is the team behind the project and all other documents of the project (social media, whitepaper etc.). Next is the utility of the token or coin you want to invest in. Also you can check what platforms their project backed up (VC, or other solid projects or exchanges). So far these things you must consider before choosing coin or token to invest.
What you have described in detail is what everyone who wants to invest in a new project must do. It is a standard that must be carried out and must not be missed in the slightest. But be careful. Currently there are many projects that manipulate everything by copying and pasting from other projects, and if this is not researched properly we can be deceived, more and more every day the fraudsters know where and what they can do to make a profit.
Always be alert because fraud is a livelihood that is very popular with those who want to cheat.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: FOKA33 on March 27, 2024, 10:16:42 PM
Few ways of choosing the right cryptocurrencies are;
a) Blockchain technology
b) supply capitalization
c) decentralized applications/DAPPs
d) market capitalization
e)roles of exchanges etc
And research more on new project and do your own research.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Mr. Magkaisa on March 27, 2024, 10:21:52 PM
        -    That depends on the research you will do op, there are many things you can do to find out if a coin is legit or not, there is the google search, there are others who use coingecko, cmc, and others, and others they look at its review on trustpilot,.

When you see it in the whitepaper or road map, you think it's fine and you see that there are many communities and active in social media platforms or groups like discord, telegram and others, then you decide if it's fine for you. this apart from being listed among the top cryptos in the market.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Kemarit on March 27, 2024, 10:30:53 PM
Everyone has said their piece here, just a matter of question whether we executed it based on our suggestions. Or perhaps we don't complicate thing but just going into the top 10 coins in the market today and that's it.

As a old investors here or been in the market and see projects that really took off, I will say that those that are unique and the first as what we call prime movers will survived in this environment and will have many investors and obviously will keep their spot on the top 10 or top 20 and prices will go up.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: debra on March 27, 2024, 11:52:51 PM
When you see it in the whitepaper or road map, you think it's fine and you see that there are many communities and active in social media platforms or groups like discord, telegram and others, then you decide if it's fine for you. this apart from being listed among the top cryptos in the market.
No guarantee the projects are good although the roadmap and whitepaper look convincing. I've experienced many projects that have great whitepaper and clear roadmap, but they also end up with a failure. Most of the projects have the problem on the consistency in developing the projects. The projects are only good in the whitepaper, but in reality the projects are never implemented the same as in the description in the whitepaper. So, be careful and do more complex research! Don't too easy to believe in the whitepaper.

Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Gladitorcomeback on March 27, 2024, 11:58:37 PM
Everyone has said their piece here, just a matter of question whether we executed it based on our suggestions. Or perhaps we don't complicate thing but just going into the top 10 coins in the market today and that's it.

As a old investors here or been in the market and see projects that really took off, I will say that those that are unique and the first as what we call prime movers will survived in this environment and will have many investors and obviously will keep their spot on the top 10 or top 20 and prices will go up.

Choosing among the top cryptocurrencies is good if one is looking to invest in trusted and reliable cryptocurrencies and isn't looking for higher profit opportunities which most people believe can be found only in new projects, and you can't find a new project in the top list even if it's very good and has great potential for future.

So investors who are looking to cash new opportunities so that they can make more money with their trades by entering new projects at their early stages and get out with a lot of profit in hand should do a lot of research about every single project coming out because most of these projects are not worthy of an investment in the first place.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: 1020kingz on March 28, 2024, 12:20:24 AM
First thing you would consider is the team behind the project and all other documents of the project (social media, whitepaper etc.). Next is the utility of the token or coin you want to invest in. Also you can check what platforms their project backed up (VC, or other solid projects or exchanges). So far these things you must consider before choosing coin or token to invest.

Yes, those things are very important, but I think it is also important that you have to see very well where they will be in the exchanges, if it is a centralized exchange and the better, they don't like decentralized exchanges when it comes to new projects because it is It is very difficult for them to generate trust, they always rely on decently organized exchanges and promises to have them listed on Bianance, Kucoin, among others.

I like Projects that have some backing , for example Projects like casinos, but I hope they don't fail, that's the best, however I'm Always going to lean towards those that see a lot of future in them and that's where they benefit the most. study the way the characteristics that you say are very important.

Now more than ever we should see the things that concern us, like the capitalization of the market, how many clients they have, how much community they have, All that matters.
Ohh i missed that point. Thank you for sharing, I agree with it. Although decentralized exchanges are not bad, But it's a big factor if the project first launches in Centralized exchanges or they are backed up with them. It's not an assurance but you have the confidence that you did the right choice. :)
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on April 04, 2024, 08:08:53 AM
When you see it in the whitepaper or road map, you think it's fine and you see that there are many communities and active in social media platforms or groups like discord, telegram and others, then you decide if it's fine for you. this apart from being listed among the top cryptos in the market.
No guarantee the projects are good although the roadmap and whitepaper look convincing. I've experienced many projects that have great whitepaper and clear roadmap, but they also end up with a failure. Most of the projects have the problem on the consistency in developing the projects. The projects are only good in the whitepaper, but in reality the projects are never implemented the same as in the description in the whitepaper. So, be careful and do more complex research! Don't too easy to believe in the whitepaper.
There are many aspects to being able to determine whether a project is good or not determining, of course, the whitepaper is also included in it and sometimes many people are fooled by the white paper that is presented, which is not necessarily, as you say, that it is not implemented properly. It must be remembered that many people copy and paste whitepapers from good projects and that is real and no longer a secret. Actually, a good project can also be seen from who is behind the project, because every experienced person can usually lead it to a good and reliable path.
Once again, luck cannot be separated from this phenomenon. they have analyzed it well. In the end. Luck is not on our side, the project is successful and does not pay properly or runs away.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bettercrypto on April 04, 2024, 09:25:59 AM
When you see it in the whitepaper or road map, you think it's fine and you see that there are many communities and active in social media platforms or groups like discord, telegram and others, then you decide if it's fine for you. this apart from being listed among the top cryptos in the market.
No guarantee the projects are good although the roadmap and whitepaper look convincing. I've experienced many projects that have great whitepaper and clear roadmap, but they also end up with a failure. Most of the projects have the problem on the consistency in developing the projects. The projects are only good in the whitepaper, but in reality the projects are never implemented the same as in the description in the whitepaper. So, be careful and do more complex research! Don't too easy to believe in the whitepaper.

Yes, you may have a point in what you are saying because there are other whitepapers that are just copied from others, and then they will revise it a little so that it does not become plagiarism in the community.

But even if that's what others do, it's still traceable that it's just copied. Apart from that, of course, maybe there aren't enough whitepapers or roadmaps; of course, tokenomics needs to be known first, and so on.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bayu7adi on April 04, 2024, 11:59:33 AM
Yes, you may have a point in what you are saying because there are other whitepapers that are just copied from others, and then they will revise it a little so that it does not become plagiarism in the community.

But even if that's what others do, it's still traceable that it's just copied. Apart from that, of course, maybe there aren't enough whitepapers or roadmaps; of course, tokenomics needs to be known first, and so on.
Even if you don't copy paste, a whitepaper will only become trash if its execution fails miserably. Usually crypto projects do not have mature calculations and minimal developer experience, which is what makes the final results of crypto projects that have just been released flawed.

We may be able to see developers who graduated from the number one university in the world and have worked in the world's highest companies for many years, but that is not enough... because we still often see cryptocurrency projects never becoming something big in the future.

Their goal is money.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: gunhell16 on April 04, 2024, 03:59:05 PM
Yes, you may have a point in what you are saying because there are other whitepapers that are just copied from others, and then they will revise it a little so that it does not become plagiarism in the community.

But even if that's what others do, it's still traceable that it's just copied. Apart from that, of course, maybe there aren't enough whitepapers or roadmaps; of course, tokenomics needs to be known first, and so on.
Even if you don't copy paste, a whitepaper will only become trash if its execution fails miserably. Usually crypto projects do not have mature calculations and minimal developer experience, which is what makes the final results of crypto projects that have just been released flawed.

We may be able to see developers who graduated from the number one university in the world and have worked in the world's highest companies for many years, but that is not enough... because we still often see cryptocurrency projects never becoming something big in the future.

Their goal is money.

If I'm just going to invest, what I'm going to do is buy cryptos that have potential that are already listed on various exchanges. I will not invest in new campaign projects that will appear in the crypto space. I would prefer that when I buy it, I can immediately start trading.

Because the risk involved is very high when you participate in new projects, it's even more complicated sometimes because sometimes the bridges that will be passed cause confusion to the investors as well, and others also get their investment stuck.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: dekafee79 on April 04, 2024, 04:25:55 PM

If I'm just going to invest, what I'm going to do is buy cryptos that have potential that are already listed on various exchanges. I will not invest in new campaign projects that will appear in the crypto space. I would prefer that when I buy it, I can immediately start trading.

Because the risk involved is very high when you participate in new projects, it's even more complicated sometimes because sometimes the bridges that will be passed cause confusion to the investors as well, and others also get their investment stuck.
Yes, we should invest in coins or tokens that are already listed on the exchange, but the safest thing is to buy top coins, it will be safer than tokens or new projects because the risk of new projects will be greater.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on April 05, 2024, 02:19:03 AM

If I'm just going to invest, what I'm going to do is buy cryptos that have potential that are already listed on various exchanges. I will not invest in new campaign projects that will appear in the crypto space. I would prefer that when I buy it, I can immediately start trading.

Because the risk involved is very high when you participate in new projects, it's even more complicated sometimes because sometimes the bridges that will be passed cause confusion to the investors as well, and others also get their investment stuck.
Yes, we should invest in coins or tokens that are already listed on the exchange, but the safest thing is to buy top coins, it will be safer than tokens or new projects because the risk of new projects will be greater.
New project are always attractive because they provide very good prices and more profits, but the guarantee is that they could be scam project or pay inappropriately, and even quite a few don't want to pay and disappear.
Agreed, just invest in real ones that are already listed on the stock exchange or, if you don't want to analyze them, use CMC to determine the options that have their best ranking, as an investment goal.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: debra on April 05, 2024, 11:09:00 AM
There are many aspects to being able to determine whether a project is good or not determining, of course, the whitepaper is also included in it and sometimes many people are fooled by the white paper that is presented, which is not necessarily, as you say, that it is not implemented properly. It must be remembered that many people copy and paste whitepapers from good projects and that is real and no longer a secret. Actually, a good project can also be seen from who is behind the project, because every experienced person can usually lead it to a good and reliable path.
Yes, there are many things to be analyzed in a crypto project. It is sometimes not easy because the scammers become more innovative and smarter. If we only focus on the whitepaper, we can be easily deceived by them. Many scam projects have good whitepaper, it looks very convincing. But when we analyze the background of the teams, they have no clear information. So, don't forget other factor such as the infomartion of the teams and the project legality.

Once again, luck cannot be separated from this phenomenon. they have analyzed it well. In the end. Luck is not on our side, the project is successful and does not pay properly or runs away.
Luck will be always a part of every effort but knowledge has more role here.
Investing is not the same as gambling, luck is just a small part of this.

Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Jamal Aezaz on April 05, 2024, 09:24:47 PM
Yes, we should invest in coins or tokens that are already listed on the exchange, but the safest thing is to buy top coins, it will be safer than tokens or new projects because the risk of new projects will be greater.

Investment in already listed token will be more profitable and always search that on which exchange it has been listed. About old coin you have stronger evidence that it has given huge success to its holders but about new projects you will in doubt so always choose a project the success of which is doubtless.

Everyone knows that crypto is volatile and risky so we can overcome this risk by preferring old coins more than new coins. And someone wants to take this risk then go through the information of the token and continue your investment with little sum.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: milewilda on April 05, 2024, 09:31:02 PM

If I'm just going to invest, what I'm going to do is buy cryptos that have potential that are already listed on various exchanges. I will not invest in new campaign projects that will appear in the crypto space. I would prefer that when I buy it, I can immediately start trading.

Because the risk involved is very high when you participate in new projects, it's even more complicated sometimes because sometimes the bridges that will be passed cause confusion to the investors as well, and others also get their investment stuck.
Yes, we should invest in coins or tokens that are already listed on the exchange, but the safest thing is to buy top coins, it will be safer than tokens or new projects because the risk of new projects will be greater.
New project are always attractive because they provide very good prices and more profits, but the guarantee is that they could be scam project or pay inappropriately, and even quite a few don't want to pay and disappear.
Agreed, just invest in real ones that are already listed on the stock exchange or, if you don't want to analyze them, use CMC to determine the options that have their best ranking, as an investment goal.
Everything which is new would really be considered at their base price on which we know that when it comes to profitability then there would really be that possibility that it could bring out that
multiple returns. Majority wont really be minding much when it comes to utility or usage or overall potential of the project but come to think that this would really be one of the most
basic information that you would really be needing to check on which on what narrative it is really included whether it would be included into those possible things that could
pump in bull run. Of course research is everything but doesnt mean it would give out that 100% assurance that you would be able to invest into those projects which could pump.
It all matters with community demand and recognition.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on April 08, 2024, 04:09:03 PM
Once again, luck cannot be separated from this phenomenon. they have analyzed it well. In the end. Luck is not on our side, the project is successful and does not pay properly or runs away.
Luck will be always a part of every effort but knowledge has more role here.
Investing is not the same as gambling, luck is just a small part of this.
Without any effort, sometimes luck can also come even though it is small, but it is true that with the effort they make, of course, they hope that there will always luck with every step we take. Agree that knowledge is also very important in anticipating every step they will take.
Obviously, investment is very different from gambling,. Gambling is only a factor of luck, but investment with analysis and planning in the placement of the funds they will do.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Doovla on April 08, 2024, 06:27:50 PM
It's always about DYOR, you should dedicate yourself to it, it is easier to copy other people's work and suggestions from some crypto site or application, but to be absolutely safe, you should devote time to research and learning how to achieve all the steps towards your goal.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on April 09, 2024, 07:54:14 AM
It's always about DYOR, you should dedicate yourself to it, it is easier to copy other people's work and suggestions from some crypto site or application, but to be absolutely safe, you should devote time to research and learning how to achieve all the steps towards your goal.
In whatever we do, we always have to be willing to analyze correctly whether what we are going to do is the best so that we don't experience losses later.
So you are right, try to take the time to analyze it well, or if you are lazy and don't want to make things difficult, you can use CMC to determine the best ranking that is there to invest in, because every best ranking is in itself the best.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bettercrypto on April 09, 2024, 10:01:50 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

You know there are many ways for us to determine if a coin or project has the potential to enter the cryptocurrency business. The main platforms I use are coinecko and cmc, geckoterminal, and dexscreener.

Apart from that, I'm checking the websites they have to find out the legitimacy of the new coin. That includes the social media group channels they have in their community.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on April 18, 2024, 01:04:11 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
You know there are many ways for us to determine if a coin or project has the potential to enter the cryptocurrency business. The main platforms I use are coinecko and cmc, geckoterminal, and dexscreener.

Apart from that, I'm checking the websites they have to find out the legitimacy of the new coin. That includes the social media group channels they have in their community.
You already know very well how to determine the investment in a coin so that you can determine whether it will produce results for you with the funds you have channeled to it.But you also have to remember that now many project owners are smarter about being able to trick their investors, even if you have entered their social media group channels. Don't be tempted by the sweet talk they make; they even dare to give you multiple profits, but in the end, what happens is that the price is below reality, so you will experience a loss.So check everything that can be done and analyze it as best as possible, because you already understand how, before making the correct choice.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: $crypto$ on April 21, 2024, 03:42:10 PM
You already know very well how to determine the investment in a coin so that you can determine whether it will produce results for you with the funds you have channeled to it.But you also have to remember that now many project owners are smarter about being able to trick their investors, even if you have entered their social media group channels. Don't be tempted by the sweet talk they make; they even dare to give you multiple profits, but in the end, what happens is that the price is below reality, so you will experience a loss.So check everything that can be done and analyze it as best as possible, because you already understand how, before making the correct choice.
Yes, if it's a new project, then they are very smart, they will do everything they can to tempt us with profits if we invest in them. But in the end they also became fraudsters who succeeded in deceiving their investors.

However, I usually see that their community is solid, even though many of them end up being abandoned and they disappoint the community they have. It cannot be denied that one of the factors that makes a project successful is the role of the community.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: yohananaomi on April 23, 2024, 04:22:08 AM
You already know very well how to determine the investment in a coin so that you can determine whether it will produce results for you with the funds you have channeled to it.But you also have to remember that now many project owners are smarter about being able to trick their investors, even if you have entered their social media group channels. Don't be tempted by the sweet talk they make; they even dare to give you multiple profits, but in the end, what happens is that the price is below reality, so you will experience a loss.So check everything that can be done and analyze it as best as possible, because you already understand how, before making the correct choice.
Yes, if it's a new project, then they are very smart, they will do everything they can to tempt us with profits if we invest in them. But in the end they also became fraudsters who succeeded in deceiving their investors.

However, I usually see that their community is solid, even though many of them end up being abandoned and they disappoint the community they have. It cannot be denied that one of the factors that makes a project successful is the role of the community.
It has become a field of livelihood for them with the intelligence they have, and, of course, we can't do anything other than not be tempted to take part in it, so that they will automatically be unable to carry out it.
I agree, the role of the community/investors is one of the factors in making a project possible. For this reason, investors must always anticipate things that might be detrimental with good analysis.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: $crypto$ on April 23, 2024, 01:22:45 PM
Yes, if it's a new project, then they are very smart, they will do everything they can to tempt us with profits if we invest in them. But in the end they also became fraudsters who succeeded in deceiving their investors.

However, I usually see that their community is solid, even though many of them end up being abandoned and they disappoint the community they have. It cannot be denied that one of the factors that makes a project successful is the role of the community.
It has become a field of livelihood for them with the intelligence they have, and, of course, we can't do anything other than not be tempted to take part in it, so that they will automatically be unable to carry out it.
I agree, the role of the community/investors is one of the factors in making a project possible. For this reason, investors must always anticipate things that might be detrimental with good analysis.
They use intelligence to deceive someone, this is nothing new that we have seen in the crypto space. They are keen on getting people interested in investing in their projects.

Because the solidity and size of the community will be an attraction for other communities to become part of them. And of course it will be like a parallel that will continue to develop from one to another which makes the project have a large community.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: dekafee79 on April 23, 2024, 08:15:04 PM

t has become a field of livelihood for them with the intelligence they have, and, of course, we can't do anything other than not be tempted to take part in it, so that they will automatically be unable to carry out it.
I agree, the role of the community/investors is one of the factors in making a project possible. For this reason, investors must always anticipate things that might be detrimental with good analysis.
The trust of the public and investors who have invested in buying coins in a project is very important, so the team must consider their satisfaction as users of the project. How can they also become influencers for their friends in the real world to invest?
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: debra on April 23, 2024, 10:32:54 PM
The trust of the public and investors who have invested in buying coins in a project is very important, so the team must consider their satisfaction as users of the project. How can they also become influencers for their friends in the real world to invest?
Investors can feel satisfy if the coins show good progress. But if the coins have no progress, the investors may change their funds to other coins. However, it is important because investors may invite other people to join the investment. If it has bad progress, the investors may spread bad issues to the whole people. And this may kill the coins, then the coins may be delisted and disappear.


Title: Re: How can I choose which cryptocurrency to invest in?
Post by: bayu7adi on April 24, 2024, 11:08:27 AM
The trust of the public and investors who have invested in buying coins in a project is very important, so the team must consider their satisfaction as users of the project. How can they also become influencers for their friends in the real world to invest?
Investors can feel satisfy if the coins show good progress. But if the coins have no progress, the investors may change their funds to other coins. However, it is important because investors may invite other people to join the investment. If it has bad progress, the investors may spread bad issues to the whole people. And this may kill the coins, then the coins may be delisted and disappear.

I think the essence of this discussion is more inclined towards "Reputation", the better the reputation of a project, naturally some sincere people will promote it publicly on their social media. A good reputation of course influences the sustainability of the project in the future... because this is the main benchmark for investors to determine whether to invest or not.

Investors will prefer projects with good and interesting reputations and honest reviews, rather than having to gamble on projects that are still uncertain.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Doovla on April 25, 2024, 11:03:50 PM
It is not difficult, the first thing you need to do is to find such a site that will help you sort the coins according to whether they are up-to-date in that day, according to the trading percentage and the graph that shows it all. The next thing is to find an exchange that is cheap in terms of deposits and withdrawals , you do that and you have money at the exchange. There is a list of gainers and losers on the CMC site where you can try to see how lucky you will be in your selection.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: TopT3ns on April 26, 2024, 06:34:47 AM
The trust of the public and investors who have invested in buying coins in a project is very important, so the team must consider their satisfaction as users of the project. How can they also become influencers for their friends in the real world to invest?
Investors can feel satisfy if the coins show good progress. But if the coins have no progress, the investors may change their funds to other coins. However, it is important because investors may invite other people to join the investment. If it has bad progress, the investors may spread bad issues to the whole people. And this may kill the coins, then the coins may be delisted and disappear.

I think the essence of this discussion is more inclined towards "Reputation", the better the reputation of a project, naturally some sincere people will promote it publicly on their social media. A good reputation of course influences the sustainability of the project in the future... because this is the main benchmark for investors to determine whether to invest or not.

Investors will prefer projects with good and interesting reputations and honest reviews, rather than having to gamble on projects that are still uncertain.
That's right, as you said, the reputation of a project determines the future of this project, because of course the team behind all these projects will continue to try hard to provide the best because the reputation of their name is at stake in this project.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Rubel007 on April 26, 2024, 01:46:02 PM
When you see it in the whitepaper or road map, you think it's fine and you see that there are many communities and active in social media platforms or groups like discord, telegram and others, then you decide if it's fine for you. this apart from being listed among the top cryptos in the market.
No guarantee the projects are good although the roadmap and whitepaper look convincing. I've experienced many projects that have great whitepaper and clear roadmap, but they also end up with a failure. Most of the projects have the problem on the consistency in developing the projects. The projects are only good in the whitepaper, but in reality the projects are never implemented the same as in the description in the whitepaper. So, be careful and do more complex research! Don't too easy to believe in the whitepaper.

Yes, you may have a point in what you are saying because there are other whitepapers that are just copied from others, and then they will revise it a little so that it does not become plagiarism in the community.

But even if that's what others do, it's still traceable that it's just copied. Apart from that, of course, maybe there aren't enough whitepapers or roadmaps; of course, tokenomics needs to be known first, and so on.
A good white paper is not hard to get by spending a few dollars. If a good white paper is copied and pasted into a new project, that project will almost certainly be a scam. Those who want to start this kind of work by copying have a bad motive. An investor must know the project very well before investing. What are they working on besides the white paper? What are their products, do they have any audit certificate or not? If you get a positive idea about their road map etc. then you should invest in those cryptocurrencies.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: Jamal Aezaz on April 26, 2024, 08:26:40 PM
Investors can feel satisfy if the coins show good progress. But if the coins have no progress, the investors may change their funds to other coins. However, it is important because investors may invite other people to join the investment. If it has bad progress, the investors may spread bad issues to the whole people. And this may kill the coins, then the coins may be delisted and disappear.

If the coin is a successful coin from the past and now it is not showing any progress then wait for its progress because top coins never make their investors disappointed but people lose the chance due to the dream of their quick earning.

People often alter their investment coins but it is necessary in that case if he has not chosen top coins like Bitcoin and Ethereum so altering your investment from less or no progressive coins to Bitcoin or Ethereum is an idea that suited well.

I think people should not invest in that coin the creator of which is not trusted so they will not need to change their coin or will never lose money. One should utilize his knowledge because every person has a brain and active mind which he can use for making better decisions.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: legend45 on April 26, 2024, 10:11:45 PM

That's right, as you said, the reputation of a project determines the future of this project, because of course the team behind all these projects will continue to try hard to provide the best because the reputation of their name is at stake in this project.
It is not easy to see the reputation of the team behind their project, because crypto is semi-anonymous, so it will be difficult for us to know who they are behind the project. As you said, we will know the reputation if the project is running and successful. So as long as it's still new and there's no good progress, I think we'll all have difficulty predicting it
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: pacar_tiri on April 28, 2024, 03:51:35 AM

That's right, as you said, the reputation of a project determines the future of this project, because of course the team behind all these projects will continue to try hard to provide the best because the reputation of their name is at stake in this project.
It is not easy to see the reputation of the team behind their project, because crypto is semi-anonymous, so it will be difficult for us to know who they are behind the project. As you said, we will know the reputation if the project is running and successful. So as long as it's still new and there's no good progress, I think we'll all have difficulty predicting it
It's true, it's not easy for us to see the team behind this project. Those project developers who want to scam often read threads like this. So indirectly they already understand what they are going to do next and finally up to now there are many new projects that hide the team they own. In contrast to the project in 2017, many teams were informed clearly and there was nothing to hide.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: emmybd on April 28, 2024, 06:27:13 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
The simple way to do is  check top 10 in coinmarketcap. These coins would be safer for investment compared to others. One can also research on his own on various coins before going for investment. But be careful in investing new coins.
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: dekafee79 on April 28, 2024, 12:25:11 PM

That's right, as you said, the reputation of a project determines the future of this project, because of course the team behind all these projects will continue to try hard to provide the best because the reputation of their name is at stake in this project.
It is not easy to see the reputation of the team behind their project, because crypto is semi-anonymous, so it will be difficult for us to know who they are behind the project. As you said, we will know the reputation if the project is running and successful. So as long as it's still new and there's no good progress, I think we'll all have difficulty predicting it
It's true, it's not easy for us to see the team behind this project. Those project developers who want to scam often read threads like this. So indirectly they already understand what they are going to do next and finally up to now there are many new projects that hide the team they own. In contrast to the project in 2017, many teams were informed clearly and there was nothing to hide.
Currently, many of the teams behind a crypo project are hidden, because of this we have to be careful with projects. This is different from 2017, the team will see who is behind the project. And be careful, because fraudsters are getting smarter at setting traps
Title: Re: How can I choose which cryptocurrency to invest in?
Post by: ajiz138 on April 28, 2024, 02:34:18 PM
It's true, it's not easy for us to see the team behind this project. Those project developers who want to scam often read threads like this. So indirectly they already understand what they are going to do next and finally up to now there are many new projects that hide the team they own. In contrast to the project in 2017, many teams were informed clearly and there was nothing to hide.
Currently, many of the teams behind a crypo project are hidden, because of this we have to be careful with projects. This is different from 2017, the team will see who is behind the project. And be careful, because fraudsters are getting smarter at setting traps
They will also definitely make new traps after their previous traps no longer work well. And I think they will also study harder than us, because what they will do is fraud which requires ingenuity that can trick the victim.

Now fraudulent projects that have the same method as before will no longer claim many victims, therefore they will use new, more promising methods to deceive their victims, they always have a way to make a profit.