Altcoin investment Rules | Bitcointalksearch.org

maiden

member

Activity: 457

Merit: 11

Chainjoes.com

Quote from: paul heman on March 19, 2018, 03:12:29 AM

Quote from: pragna on March 19, 2018, 03:05:39 AM

Quote from: Prodigan786 on March 19, 2018, 03:02:00 AM

Based on my experience in crypto currency for a couple of years . I found some rule thought to share with community
1) Try to find the solution provided by the coins or token
2) Check the community support and developer response . Check social media bitcointalk ANN thread response
3) Try to check the product if it is available in market
4) Check the competitor for the solution provided by coins .and what makes difference from other competitors.
5) Check ICO investment strategy or backed companies or any other investors.
6) Decide your profit ratio and time . Most important thing you have to decide your profit ratio because human tendency always lead to greediness . Fix the time either long term or short term
7) If your believing in concept and investing then wait for the actual product to release and allow team start marketing

Ya, i think your calculation is right. Another thing is the subject in which based the coin is relished.

that is true. say that your experience can be a reference for beginners and become additional knowledge for them. and as you mentioned about calculating our profits is quite important and a passion for beginners.

even thou this calculations is for beginners maybe this was helpful, what he says is true and good to bring if you are planning to invest on altcoins. but yes, this might also fail for some reason.

Hallmader

sr. member

Activity: 1123

Merit: 253

Based on your list, I suppose you are referring to altcoins offered in ICOs and not just altcoins that are already in the market. If I may add, all ICO investors should learn to be diligent enough to read project whitepapers. This is one of the most important task to do before investing. A project's whitepaper is the most important and complete document about the project. Almost everything that you need to know is already in the whitepapers of projects. You can even decide whether to proceed with your investment or not based on your assessment of the whitepaper alone. That is how important it is.

goyal.dkg

member

Activity: 336

Merit: 14

Quote from: Prodigan786 on March 19, 2018, 03:02:00 AM

Based on my experience in crypto currency for a couple of years . I found some rule thought to share with community
1) Try to find the solution provided by the coins or token
2) Check the community support and developer response . Check social media bitcointalk ANN thread response
3) Try to check the product if it is available in market
4) Check the competitor for the solution provided by coins .and what makes difference from other competitors.
5) Check ICO investment strategy or backed companies or any other investors.
6) Decide your profit ratio and time . Most important thing you have to decide your profit ratio because human tendency always lead to greediness . Fix the time either long term or short term
7) If your believing in concept and investing then wait for the actual product to release and allow team start marketing

agreed with you , imo too , i will see these points as follow -

1) good point , adding 1 more point in it , solution that coin provide must have a genuine problem/need of market .
rest points from 2) to 7) are good enough .

8 ) also check when the product mainnet / main launch will happen , if it will take long period (1-2 yrs) then invest reasonable amount ..
9) also check price with respect to its supply , in short check opening marketcap of any coin , current mcap and its comparison with other coins .

10) volume is the next thing which assure you that this coin is in demand . so check volume too .

TerrorFromTheDeep

full member

Activity: 324

Merit: 100

The best option of ICO - that no any rules. Yes it is good to compleate all this 7 point before investment, but it is not garantee anything. Most of the scam projects looking good.

iconoclast

full member

Activity: 770

Merit: 102

Matrix Built On An Ethereum Smart Contract

From my experience the most important thing behind any project is the team involved. Doesn't matter how good the idea is if they don't have a team that can turn that idea into a viable business.

paul heman

newbie

Activity: 182

Merit: 0

Quote from: pragna on March 19, 2018, 03:05:39 AM

Quote from: Prodigan786 on March 19, 2018, 03:02:00 AM

Based on my experience in crypto currency for a couple of years . I found some rule thought to share with community
1) Try to find the solution provided by the coins or token
2) Check the community support and developer response . Check social media bitcointalk ANN thread response
3) Try to check the product if it is available in market
4) Check the competitor for the solution provided by coins .and what makes difference from other competitors.
5) Check ICO investment strategy or backed companies or any other investors.
6) Decide your profit ratio and time . Most important thing you have to decide your profit ratio because human tendency always lead to greediness . Fix the time either long term or short term
7) If your believing in concept and investing then wait for the actual product to release and allow team start marketing

Ya, i think your calculation is right. Another thing is the subject in which based the coin is relished.

that is true. say that your experience can be a reference for beginners and become additional knowledge for them. and as you mentioned about calculating our profits is quite important and a passion for beginners.

pragna

full member

Activity: 1582

Merit: 101

Quote from: Prodigan786 on March 19, 2018, 03:02:00 AM

Based on my experience in crypto currency for a couple of years . I found some rule thought to share with community
1) Try to find the solution provided by the coins or token
2) Check the community support and developer response . Check social media bitcointalk ANN thread response
3) Try to check the product if it is available in market
4) Check the competitor for the solution provided by coins .and what makes difference from other competitors.
5) Check ICO investment strategy or backed companies or any other investors.
6) Decide your profit ratio and time . Most important thing you have to decide your profit ratio because human tendency always lead to greediness . Fix the time either long term or short term
7) If your believing in concept and investing then wait for the actual product to release and allow team start marketing

Ya, i think your calculation is right. Another thing is the subject in which based the coin is relished.

Prodigan786

sr. member

Activity: 434

Merit: 250

Based on my experience in crypto currency for a couple of years . I found some rule thought to share with community
1) Try to find the solution provided by the coins or token
2) Check the community support and developer response . Check social media bitcointalk ANN thread response
3) Try to check the product if it is available in market
4) Check the competitor for the solution provided by coins .and what makes difference from other competitors.
5) Check ICO investment strategy or backed companies or any other investors.
6) Decide your profit ratio and time . Most important thing you have to decide your profit ratio because human tendency always lead to greediness . Fix the time either long term or short term
7) If your believing in concept and investing then wait for the actual product to release and allow team start marketing

Topic: Altcoin investment Rules (Read 103 times)