At least following factors need to be considered before selecting a cryptocurrency for longterm investment.
Objective/Mission/Purpose of the cryptocurrency; If it has a meaningful purpose that is going to fulfill the needs and requirements of general public at large then it means that it would have high demand.
Security; If a crypto is using very good security protocols and technology then this means that there are less chances of being stolen.
Development/Promoting Team; Who are the people behind the cryptocurrency whether they are well known and good professionals.
Limit of Supply; If there is upper limit that is restricted supply like in case of bitcoin that only 21 Million bitcoin can be mined then there is more chance that price will go up.
Centralized or decentralized; If a crypto is decentralized then price would be decided by market demand and supply forces and would be less exposed to Price manipulations by persons behind it. On the other hand if it is centralized then prices would be subject to manipulation by the creator.
There might be other factors as well but these are primary factors and one should consider before staking your money at risk.
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