Topic: Altcoin and investment - page 8. (Read 2176 times)

Pick an ICO, research the project behind it and see if you like what's there.

Take VLB for example, one of my favorites.

- a clear purpose for blockchian and the coin
- people from IBM and Masterchain among the advisors
- low cap

These are my general points whenever I chose a project to invest in.

https://icodrops.com/         (ICO)
https://tokenmarket.net/     (ICO)
https://coinmarketcap.com/  (Market ranking)

These are some of the sites I'm using right now, and I hope this will help you a little.

VICoin token is now in the most priveleged state.

VICoin (utility token) is doing the Pre-ICO right now.
Here is a short explanatory video of the project https://youtu.be/TQ0cMPWgb00
VICoin is a promising token, as the project is working for already more than 10 years. One of the strongest advantages of the project is the team itself; people that have been working with each other for many years. This is a positive way to distinguish VICoin from any other ICO projects. The overall concept of the project is also very interesting and not like most of the existing ICOs.
Overall, Virtonomics introduces cryptocurrency of a new job market in alternative economy!
VIRTONOMICS is an ecosystem that can meet the needs of millions of people in an affordable, interesting, creative, well-paid online job, that's why this ICO is worth while paying attention to!

Investing or joining in a project is too risky, so you better check it first before joining investing.
You have read all the information about that project, like its white paper road map and etc. And always check the backgrounds of the dev or manager, or sometimes join in a project with trusted dev or manager because some of their project are very successful.

This is the question that cant really be answered by anyone. No person can predict for a certain project that do make ICO that they would able to succeed. I do agree on the fact that most of them do really have the same concepts all over again. Price movement? Depends on hype and people do mostly aim on making money not totally concern for long term except for those project which are unique or do have potential.

Before to decide invest or not - im making the following: go to the site and  do research on product , development team, advisors. If the project seemed  interesting i move on. I read whitepaper, hard and softcap, distribution of raised funds in the future, roadmap. And one important moment - for me is good sigh if unsold tokens are planned to be burned,  this increases the value of the token.

There is no guarantee that a new coin will be successful in the future, and will also show a good profit. Investors can only assume that this or that coin will be successful in the future, because many factors influence this.

hi.

the most important thing in my view is to explore a bit about the people that are involved in the project. you should check up on them and make sure that they are legit.

then i'll recommend reading the white paper- and try to figure out what's the project is about.

also check out the road map of the project and the cap (hard/soft) and of course your own thoughts of the concept and it's implementation possibilities...

+1 on Altcoin investment. I admit once setup Bitcoin, or any other currency that we mine would give out  profits till the difficulty goes higher and the hardware is deprecated. Worse still is more than a few number of these machines (especially asics) might require large initial investment, with no definite timeline when the difficulty is going to surpass the point of returning no profits. Unlike GPUs, which can be re-sold, the ASICs have little use other than to look for other coin with same protocol. One other factor is the lifetime of Asics available today is circumspect with little warranty that the company provides. Though I might seem a little cautious, from my perspective investing altcoin seemed better option. Though I might play with GPU mining at some point, doubt that'll bring in significant profit, but it'll be fun.


All sound advice. One question though how is the initial value determined before any launch? Wouldn't they all start at minimum (1 sat) and appreciate according to supply and demand. Also could one of you clarify on the supply of coins - How is the initial supply generated? Why lower number of coins are valued more than say a supply in billions. Wouldn't it be better to have a large supply especially if the coin ends up being popular?

        It is very important when investing in a project to document very well whether the project is viable on the market. You can start by carefully analyzing the project whitepaper. The project team also plays an essential role (personal number, members' experience, achievements). The consultants of the project are also important. Even the way they advertise, they say a lot about the project. But I think the most important factor is the problem addressed by the project.

First of all, I look at white paper, capitalization, the number of coins and their initial value.
Looking at it all you can approximate understand what to expect from a coin.

To decide which ICO to invest I usually read the whitepaper and then join their media social group amd see how they promote the coin and see how many people interested in the coin, maybe some of the coins is almost similar but the development team and the marketing team can make them more standout and different from other, if  you want to  invest in ICO its better to learn before you try, ICO is more dangerous than trading, some of the ICO is scam

Altcoin investment is much profitable if you know to eliminate the risk beneath on it and many traders became successful on that kind of investment since they research,learn the technicalities and fund it. Althought there's market crash we called then it never take it as serious problem but they made it as another opportunity to buy cheap coins by that moment and earn thousand or even millions to its incoming pump. Mining is just for passive header but you will spend more money on it since you need to buy the latest ones as years past since the difficulty will rise even more harder.

I would recommend joining the project SocialMedia.Market. This project will create a global marketplace for advertisers and influencers among every major social network, providing convenient and transparent tools for the interaction of any party involved.

Getting bitcoin by mining is a huge advantage. Mining is long term, requires a lot of capital to do mining. And mining is also not too high risk, unlike investment in altcoin. Because investment in bitcoin should be smart in reading all companies.

Yes investing in the altcoins really gives you more profit in the future.

If the whitepaper is not clear and does not make sense, we'd better move away.
Info about team, ability, credibility - If the team that handles the ICO is not given, or kept a secret, we'd better move away. The project is against the law or not - If the project can be against the law, we'd better move away.

On the flip side, I also considered mining, which could also be considered as an investment, but is usually controlled by ones with the highest hash rate, and hence seems like the need of having a large number of computing units (cpu,gpu,asics) to be successful. Which converts to significant initial investment with additional risk and effort.

Thanks, that covers a lot of points and a good idea in general on how to approach investing.
(Though frankly I need a little work on understanding markets, caps and demands )



True. Though there are so many projects, it is difficult to filter out the "good" ones. I usually looked at the coins whose concept interested me. As an idea, I think the decentralized currency that we initially liked and aimed for is no more.


As I understand after the initial investment there are multiple approaches to trading - short and long term, which can work. Though I'm uncertain if the usual approaches hold true for  crpto trading - in that since the value of so many coins fluctuate violently and there is a chance of a large downturn, if there are better ways to control loss or profits.

Choosing potential ICO is not that simple to do because we cannot determine what is the best ICO and all we only have is a guess and speculations. But at least we check its popularity in the telegram and some of good ICO also are being published in the social media.  You must to check also if they have a whitepaper and website.