Altcoins as an Alternative Crypto Investments

How To Choose Altcoins for Investment ?

No such thing as “The best altcoins”, every each of them have their own pros and cons.

The only thing you need to pay attention before choosing Altcoins for investment are, what kind of technology ecosystem they are using, how big and active the community, look for the Tokenomics (Token Economy) that distributed by community oriented, and the token function usability.

On top of that, before investing in Altcoins better researching for it’s pros and cons first. Here some Example of Pros and Cons investing in Altcoins :

Pros

• Most of Altcoins have a bigger change to increases in price than Bitcoin.
• Not only for investment purpose, altcoin also have additional functions to use with their future projects.
• Some of altcoin projects offer a great potential profit, do a research for it’s fundamental value in crypto projects.

Cons

• With a lots of coins and smaller market, altcoin prices are tends to fluctuates more often. Altcoins can experience up to 90% drop in value.
• While a thousands of altcoins appear in the crypto asset, the projects with promising potential and good communities is very few.
• Higher risk than Bitcoin, many altcoins gains popularity quickly but also can died right after.