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!