1. Market capitalization: Investing in a cryptocurrency with a large market cap indicates that it is well established and therefore less risky than investing in a new or emerging one.
2. Development Team: Research the team behind the project and evaluate their experience in the blockchain technology and cryptocurrency industry.
3. Use Cases: Look into how the technology is being used, if it has practical applications, and if it solves any existing problems within the industry.
4. Regulation: Due to recent government crackdowns, make sure that the currency you are looking at is compliant with all regulatory laws.
5. Network Activity: Make sure there is plenty of activity on the blockchain network, including high levels of transactions, as this could indicate a healthy ecosystem.
6. Security: Check out the security measures adopted by the project such as two-factor authentication, encryption, and other protocols.
7. Valuation: Study the value of the cryptocurrency, its price history, trading volume and liquidity.
8. Track Record: Look for coins that have a long track record and analyze the success rate of their past projects.