How can I choose which cryptocurrency to invest in?

[dekafee79]

What you do is certainly very appreciated because you already understand that investing in new coins is very exciting but can make things difficult by not producing results because many are scams.
That's right, the best ranking on CMC at the moment already illustrates how strong the coin is, so that it can get to this point because of the strength it has to survive.
If you want to make money, do what you think will bring you the profits that await you.

If you want to get big profits, choose new coins, but we both know that with new coins the risk is bigger. But if you want to be safe, choose the top rank coins in CMC, because they have been proven to last until now. There are lots of scams, be careful.

Everyone also knows that every new coin always comes with an attractive promise. Apart from the low price and additional prices, this makes many people interested. But behind all that, it could be that instead of making a profit, you may actually suffer a loss. But it's not that there aren't any good new coins, but you have to be more selective in choosing them as an investment.
If you don't have the ability to analyze, there is an easy way to do this by choosing the best coin ranked in the CMC, but always be selective.

We have to do research before buying a new coin, look at the fundamentals and the project. Whether the project will be of interest to users or not. because many new coins have good projects and will become popular in the future. And if the new project is successful, the profits we will achieve will also be quite high.

[$crypto$]

We have to do research before buying a new coin, look at the fundamentals and the project. Whether the project will be of interest to users or not. because many new coins have good projects and will become popular in the future. And if the new project is successful, the profits we will achieve will also be quite high.

Of course, we must always do research on the coins we are going to invest in, whether they are old coins, especially if they are new coins. We have to see how serious they are in building the project, we have to see their road map, because that is one thing that determines, if the road map they have can be executed well, then that could be a consideration for us to be part of them.

But remember, that is a small part and there are many more that we have to pay attention to, we have to analyze it thoroughly.

[albon]

The market is unpredictable so choosing the right coin to invest in can be tricky if you don't have prior experience with crypto. Before purchasing a cryptocurrency do a thorough research to see if any long-term success results and if their team members are all up to date. Check the partnership status of their projects and whether they have confirmed development activities ahead. Don't suddenly invest in a project based on someone's opinion. Because crypto investing suddenly becomes attractive, you may face risks. But top altcoins are always low risk and in case of bitcoin you can be 100% sure.

[Jamal Aezaz]

Of course, we must always do research on the coins we are going to invest in, whether they are old coins, especially if they are new coins. We have to see how serious they are in building the project, we have to see their road map, because that is one thing that determines, if the road map they have can be executed well, then that could be a consideration for us to be part of them.

But remember, that is a small part and there are many more that we have to pay attention to, we have to analyze it thoroughly.

If we do research about any coin in which we wish to have an investment then we will better understand about the squad of that project because those individuals whose projects are becoming more successful for years will not create any project that will turn into a scam.

Another important feature is the market cap which suggests whether to invest in it or not and also individuals should read about the goals and objectives of the specific project as they describe how real the project is.

[milewilda]

Of course, we must always do research on the coins we are going to invest in, whether they are old coins, especially if they are new coins. We have to see how serious they are in building the project, we have to see their road map, because that is one thing that determines, if the road map they have can be executed well, then that could be a consideration for us to be part of them.

But remember, that is a small part and there are many more that we have to pay attention to, we have to analyze it thoroughly.

If we do research about any coin in which we wish to have an investment then we will better understand about the squad of that project because those individuals whose projects are becoming more successful for years will not create any project that will turn into a scam.

Another important feature is the market cap which suggests whether to invest in it or not and also individuals should read about the goals and objectives of the specific project as they describe how real the project is.

Doxxed team doesnt give out that 100% assurance that it wont turn out to be a scam but somewhat it is really that something which is way more better on dealing with projects with known
devs compared into those who are anonymous. One of the primary things to check out when tending to make out some investment specially on newer projects.
Speaking about investing into other projects specially old ones then you would be having at least the confidence because they are established ones but we do know
that we want on something that could bring out huge profits then this is where we would really be making ourself trying with the new ones.

[$crypto$]

Of course, we must always do research on the coins we are going to invest in, whether they are old coins, especially if they are new coins. We have to see how serious they are in building the project, we have to see their road map, because that is one thing that determines, if the road map they have can be executed well, then that could be a consideration for us to be part of them.

But remember, that is a small part and there are many more that we have to pay attention to, we have to analyze it thoroughly.

If we do research about any coin in which we wish to have an investment then we will better understand about the squad of that project because those individuals whose projects are becoming more successful for years will not create any project that will turn into a scam.

Another important feature is the market cap which suggests whether to invest in it or not and also individuals should read about the goals and objectives of the specific project as they describe how real the project is.

Yes, we also have to see who the person behind the project is, there must be transparency in this matter or in other words they are not working on it anonymously.

But does that guarantee that they won't turn into fraudulent projects? of course not. There is no guarantee of that, it's just that maybe we can minimize the risk to a lesser extent. Once again we can't just look at it from one point of view, because we have to look at it holistically.

[pieppiep]

Of course, we must always do research on the coins we are going to invest in, whether they are old coins, especially if they are new coins. We have to see how serious they are in building the project, we have to see their road map, because that is one thing that determines, if the road map they have can be executed well, then that could be a consideration for us to be part of them.

But remember, that is a small part and there are many more that we have to pay attention to, we have to analyze it thoroughly.

If we do research about any coin in which we wish to have an investment then we will better understand about the squad of that project because those individuals whose projects are becoming more successful for years will not create any project that will turn into a scam.

Another important feature is the market cap which suggests whether to invest in it or not and also individuals should read about the goals and objectives of the specific project as they describe how real the project is.

Yes, we also have to see who the person behind the project is, there must be transparency in this matter or in other words they are not working on it anonymously.

But does that guarantee that they won't turn into fraudulent projects? of course not. There is no guarantee of that, it's just that maybe we can minimize the risk to a lesser extent. Once again we can't just look at it from one point of view, because we have to look at it holistically.

Exactly, the team behind a project is also an important value. Unfortunately, currently many new projects prefer to hide their team members. So indirectly we have difficulty determining which projects are really good. We can also see who this project is collaborating with, that way we at least know a little about whether this project is safe or not. What is clear is that we must remain careful when putting money to invest in Cryptocurrency and understand the risks involved before doing something terrible.

[dekafee79]

Yes, we also have to see who the person behind the project is, there must be transparency in this matter or in other words they are not working on it anonymously.

But does that guarantee that they won't turn into fraudulent projects? of course not. There is no guarantee of that, it's just that maybe we can minimize the risk to a lesser extent. Once again we can't just look at it from one point of view, because we have to look at it holistically.

No one can guarantee whether a project will be successful or not, because currently there are many new projects circulating. It really takes time to conduct research to study new projects, see whether the project will be useful for users, fundamentals and the team behind the project.

[Rubel007]

Of course, we must always do research on the coins we are going to invest in, whether they are old coins, especially if they are new coins. We have to see how serious they are in building the project, we have to see their road map, because that is one thing that determines, if the road map they have can be executed well, then that could be a consideration for us to be part of them.

But remember, that is a small part and there are many more that we have to pay attention to, we have to analyze it thoroughly.

There are several things we need to look at when deciding which project to invest in. What is the purpose of the project? How about their whitepaper. What is their market cap, trading volume? Fundamentally how strong is the project? If a decision is taken to invest in a project considering how good the security of that project, then that investment will be profitable. Project teams tend to hide them, it is difficult to invest depending on project team member.
If we do research about any coin in which we wish to have an investment then we will better understand about the squad of that project because those individuals whose projects are becoming more successful for years will not create any project that will turn into a scam.

Another important feature is the market cap which suggests whether to invest in it or not and also individuals should read about the goals and objectives of the specific project as they describe how real the project is.

Yes, we also have to see who the person behind the project is, there must be transparency in this matter or in other words they are not working on it anonymously.

But does that guarantee that they won't turn into fraudulent projects? of course not. There is no guarantee of that, it's just that maybe we can minimize the risk to a lesser extent. Once again we can't just look at it from one point of view, because we have to look at it holistically.

Exactly, the team behind a project is also an important value. Unfortunately, currently many new projects prefer to hide their team members. So indirectly we have difficulty determining which projects are really good. We can also see who this project is collaborating with, that way we at least know a little about whether this project is safe or not. What is clear is that we must remain careful when putting money to invest in Cryptocurrency and understand the risks involved before doing something terrible.

[Dr.Bitcoin_Strange]

Yes, we also have to see who the person behind the project is, there must be transparency in this matter or in other words they are not working on it anonymously.

But does that guarantee that they won't turn into fraudulent projects? of course not. There is no guarantee of that, it's just that maybe we can minimize the risk to a lesser extent. Once again we can't just look at it from one point of view, because we have to look at it holistically.

No one can guarantee whether a project will be successful or not, because currently there are many new projects circulating. It really takes time to conduct research to study new projects, see whether the project will be useful for users, fundamentals and the team behind the project.

Most of the projects we encounter in the market today are all scam and pump and dump projects, and the only persons that benefits from such projects are the project developers and the early investors, who invests and take out their profits in time before the dump, and those investors who invests or joins the project later becomes the Scapegoats who end up losing their money.

This is why it's advisable to stay away from these shitcoins, no matter the profits they promise, because these projects usually comes with fake promises and super high ROIs just to attract investors.

[bayu7adi]

This is why it's advisable to stay away from these shitcoins, no matter the profits they promise, because these projects usually comes with fake promises and super high ROIs just to attract investors.

Yep, if what you mean by shitcoin is a coin with a very low level of trust, then I agree with you in avoiding it at all costs. Moreover, this is a new project which has a success rate which is of course lower when compared to projects that have been running for a long time. In this current era, it seems that many new projects are just trash, so aiming for 1 successful project out of 1000 projects being launched is very difficult. I also don't want to waste my money on new, untrustworthy projects.

[mrjoy15]

This is why it's advisable to stay away from these shitcoins, no matter the profits they promise, because these projects usually comes with fake promises and super high ROIs just to attract investors.

Yep, if what you mean by shitcoin is a coin with a very low level of trust, then I agree with you in avoiding it at all costs. Moreover, this is a new project which has a success rate which is of course lower when compared to projects that have been running for a long time. In this current era, it seems that many new projects are just trash, so aiming for 1 successful project out of 1000 projects being launched is very difficult. I also don't want to waste my money on new, untrustworthy projects.

Yes, stay away from these worthless shitcoins, everyone. It's better to invest in solid projects instead of trying to make a quick buck. There are plenty of great projects out there. However, it's pointless to tell people to avoid that garbage because they'll just buy even more. Instead, use these scammy shitcoins as a signal. When you see them hyped everywhere, short everything. These shitcoins are like ticks, and you can't have a healthy market with so many ticks sucking the life out of it.
From what I understand, now is the time to invest in projects with strong fundamentals. The market will follow these fundamentals when it recovers. For example, BTC is recovering, and that's giving everyone hope.

[bitterguy28]

The market is unpredictable so choosing the right coin to invest in can be tricky if you don't have prior experience with crypto. Before purchasing a cryptocurrency do a thorough research to see if any long-term success results and if their team members are all up to date. Check the partnership status of their projects and whether they have confirmed development activities ahead. Don't suddenly invest in a project based on someone's opinion. Because crypto investing suddenly becomes attractive, you may face risks. But top altcoins are always low risk and in case of bitcoin you can be 100% sure.

there is top 5 crypto that I believe safer to invest our funds but like what you said , bitcoin is one certain currency that we need to trust but there is a small movement each time meaning we are only gaining little by little when we are investing here but in long term? we can expect it will satisfy us like what other Hodlers does.

[bitbit97]

A person who wants to invest in crypto, must imho make a decision first: 1)if he is planning a short term or long term investment 2)if high risk or low risk investment suits him.
For a long term and low risk - take anything that is from top5 crypto. The most easy investment that require just a little bit of research. Want to make a long term and high risk investment - look on trendy projects that are on sale and do research. For low risk and short term - go with any popular trendy old altcoins. And for short term and high risk - choose any meme-coin and pray to gods of random.

[dekafee79]

A person who wants to invest in crypto, must imho make a decision first: 1)if he is planning a short term or long term investment 2)if high risk or low risk investment suits him.
For a long term and low risk - take anything that is from top5 crypto. The most easy investment that require just a little bit of research. Want to make a long term and high risk investment - look on trendy projects that are on sale and do research. For low risk and short term - go with any popular trendy old altcoins. And for short term and high risk - choose any meme-coin and pray to gods of random.

Good comments, can be used as a guide to invest according to plan and of course according to our ability to do research. When I prefer long-term and low-risk investments, I will choose Bitcoin. Meanwhile, for the short term and high risk as you mentioned by choosing meme coins, I am not a fan of meme coins, so I avoid this.