I couldn't agree more. I have been fundamentally analysing a multitude of coins from the top 120 coins by market cap and have found a number that appear to have a very bright future ahead.
When looking at the potential of coins, I do all of the typcial things - check out the problem that the cryptocurrency solves, the value of the market it is within, the team behind it and more. But, with more and more newbies coming in to cryptos, I found that one thing which is important is to identify what type of person would want to invest a coin, for example:
a coin that has a solid use case for an upper class market may receive more of an initial investment.
A coin that is of specific value, for example a coin that solves a big problem in the biomedical pharmaceuticals industry may get the attention of large companies who want to use it, thus it may get a larger initial investment.
Either way, choosing coins that actually solve a problem is always the best way to go!
Great comment. I agree with you. Figuring out what problem is being solved is where any DD should start.
Thank you. Agreed! I always look for it in a coin. I am going to be doing a post about a different cryptocurrency every day, and I will be looking at coins with these traits - if you are interested!