Re:Ask HN: What to look for in a cryptocurrency?
by CamelCaseName on Sunday July 02, 2017 @11:11AM
(#14682829)
What I look for in a coin is
1. significant development activity
2. near-term upcoming catalysts
3. relatively high "whale distribution" -- in other words, there are holders that are wealthy and heavily invested at prices not too much lower than market price.
Unfortunately in the short term, I am bearish Bitcoin, so I am out of all altcoins and short Bitcoin.
However, if you find any interesting coins that meet those criteria, please let me know!
1. significant development activity
2. near-term upcoming catalysts
3. relatively high "whale distribution" -- in other words, there are holders that are wealthy and heavily invested at prices not too much lower than market price.
Unfortunately in the short term, I am bearish Bitcoin, so I am out of all altcoins and short Bitcoin.
However, if you find any interesting coins that meet those criteria, please let me know!