Altcoins Discussion

[lepbagong]

There are too many new altcoins, it is so hard to find a new altcoin that has a use case. There are so many scam coins and many waiting to rugpull you, take note that you can also do your research about an altcoin project only to be disappointed in the end. I think for people who like to invest in altcoin, they should stick to older coins that have been around for sometime.

Of course, it will be difficult for us to avoid fraud from new alt-coin projects, because it seems like it is the season right now, and we must always be careful in choosing to invest. It would be better and wiser to put old coins as investments, because the results are very visible compared to the new ones. But once again, everything is adjusted to what we have analyzed previously to avoid fraud.

[bitterguy28]

Of course, it will be difficult for us to avoid fraud from new alt-coin projects, because it seems like it is the season right now,

there are always frauds and scams all over the community but it will always be at its highest when the market is doing well and there are new and more investors coming in to crypto since the bad guys would want to take the most advantage of these times

and we must always be careful in choosing to invest. It would be better and wiser to put old coins as investments, because the results are very visible compared to the new ones.

i too would divert almost all my money into old reliable coins but sometimes new projects can be profitable and not all are total scams we just have to analyze properly and choose the right project

[JoyMarsha]

The main key factor I look out for in altcoins is their tokenomics(their token supply and distribution), their market capitalization, and finally, their community support.

What is their community saying about them? Are they in full support of the project dream and mechanism? Or the project is doing things on its own without seeking the support of the community.

My findings about the altcoins will determine what's my next step about the altcoins. Whether they are for short term profits or long term

[sampoerna]

The main key factor I look out for in altcoins is their tokenomics(their token supply and distribution), their market capitalization, and finally, their community support.

What is their community saying about them? Are they in full support of the project dream and mechanism? Or the project is doing things on its own without seeking the support of the community.

My findings about the altcoins will determine what's my next step about the altcoins. Whether they are for short term profits or long term

Ahh, these are things that greatly affect the development and survival of the project in the market. And the acceptance by investors and the community is also very important, so if they believe in the development of the project, then it becomes a strong path for the token or coin to really advance.

Now the problem is how the project can do it consistently and sustainably so that the future of the crypto project will also be much better.

[Z-tight]

My findings about the altcoins will determine what's my next step about the altcoins. Whether they are for short term profits or long term

It is good to do all of the things you have mentioned, but from what i have noticed about new coins and tokens, doing all of this hardly works out. The project could be a scam one, but they make everything look so legit and once they have gotten as much money as they want, they disappear and leave investors mourning.

[Freemind]

What key factors do you analyze when assessing the long-term viability of an altcoin project?

After seeing your posts and seeing that all you do is create new threads with no content, I have to tell you that (besides deleting all your threads except this one) you are going down the wrong path if what you are trying to do is grow your account. This way you only get your threads deleted and forum users give you negative Karma.

[albon]

Investing in cryptocurrency for the long term means buying and holding utile received big profits and those involved in it always do the best research because not all coins will give the best returns for the long time. So if you want to invest in cryptocurrency for the long term, you probably believe that the crypto you hold has utility and that its demand will increase in the coming years.

Invest in long term cryptocurrency eview the vitality of the coin, such as how their development fund is, whether the project is partnering with new companies, how active the project's community is, and whether new exchange listings are happening. Also, if you want to hold a higher ranking currency for a long time, then you will definitely make a profit but you have to think about buying and selling at the right time.

[libert19]

What key factors do you analyze when assessing the long-term viability of an altcoin project?

I only do one and that's community. Community can create tools for your project, can promote your project and can get your token to exchanges.

With active community project is alive, without it dead.

[fredolda]

There are too many new altcoins, it is so hard to find a new altcoin that has a use case. There are so many scam coins and many waiting to rugpull you, take note that you can also do your research about an altcoin project only to be disappointed in the end. I think for people who like to invest in altcoin, they should stick to older coins that have been around for sometime.

I completely agree with you. The altcoin market is full of scams and projects with no real use case, making it hard to find something trustworthy. Sticking to older, established coins with a proven track record is often a safer strategy for long term investment

[albon]

I completely agree with you. The altcoin market is full of scams and projects with no real use case, making it hard to find something trustworthy. Sticking to older, established coins with a proven track record is often a safer strategy for long term investment

Your are wrong
If the altcoins market is a complete scam then what do we do in crypto? If you want you can hold altcoins like eth, bnb, ada, xrp, sol and you will be 100% risk free from all these currency. if you can buy and sell at the right time you will get good profits from this type of currency, so there is no need to invest in new currency. Currently, the market is going up and down so you can enjoy the best profit opportunities from most of the top altcoins. However, new projects are risky for everyone so if you don't want to take risks, stay away from investing in new coins.

[Z-tight]

I completely agree with you. The altcoin market is full of scams and projects with no real use case, making it hard to find something trustworthy. Sticking to older, established coins with a proven track record is often a safer strategy for long term investment

Yeah, developers just create coins with no use case, and they just depend on hype to pump the shitcoin. The reason why they do this is because they are sure investors do not even mind, they just want to 'gamble' with many shitcoins and hope they make money from one or two.

[SavvyTon]

The main key factor I look out for in altcoins is their tokenomics(their token supply and distribution), their market capitalization, and finally, their community support.

What is their community saying about them? Are they in full support of the project dream and mechanism? Or the project is doing things on its own without seeking the support of the community.

My findings about the altcoins will determine what's my next step about the altcoins. Whether they are for short term profits or long term

For me these are also what i check for when i want to trade for a short term but i would rather go for the olderr and more established ones like Ethereum and XRP if i plan to hold for long.

[electronicash]

if it had existed long enough where price reach ATH and then back to its cheap price i think its enough of a factor to invest into. especially if this project has rank high on the marketcap rank.

i could just see it going up in the future so this is going to be good if you can get more than 5k at least while its cheap. and all there is to do is wait.

[Baofeng]

I completely agree with you. The altcoin market is full of scams and projects with no real use case, making it hard to find something trustworthy. Sticking to older, established coins with a proven track record is often a safer strategy for long term investment

Yeah, developers just create coins with no use case, and they just depend on hype to pump the shitcoin. The reason why they do this is because they are sure investors do not even mind, they just want to 'gamble' with many shitcoins and hope they make money from one or two.

And that is the pure definition of meme coins, no use case but just pure pump and dump. But the thing is that there are still a lot of investors who still fall for it that's why this trend is going to continue and will not die.

So if someone what's to take a big risk, invest money to win big money, then meme coins could be their goal. But for those who might be for the long run, maybe it's better to invest on good altcoins.

[salad daging]

And that is the pure definition of meme coins, no use case but just pure pump and dump. But the thing is that there are still a lot of investors who still fall for it that's why this trend is going to continue and will not die.

So if someone what's to take a big risk, invest money to win big money, then meme coins could be their goal. But for those who might be for the long run, maybe it's better to invest on good altcoins.

Shitmeme has no use cases at all, this shitmeme is just pure fun but there are still many people investing because of them hoping for instant profits.
What is more trusted is the meme because there are still many influencers who continue to promote it. So it will never end.

If you don't want to lose avoid shitcoin. A good choice is that the top altcoins are more stable in the sense that they can still last long in the market.