AltCoin Newbie | Bitcointalksearch.org

sieemma

sr. member

Activity: 980

Merit: 253

Quote from: donkey04 on June 06, 2018, 09:31:06 PM

Hello Everyone, I'm very new to Altcoins, Cryptocurrencies In General. I'm Looking for someone's advice that has been around for a while to kind of give me some tips or pointers on how to spot legit coin's, what to look for before investing. Really just any guidance on a basic level would be greatly appreciated.

If you are looking for legit coins, then go to coinmarketcap.com and look for the first 100coins. They have the biggest market capitalization which is an indication of how people believe in the coin and using it.

Thefrolly

sr. member

Activity: 672

Merit: 250

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Just make sure that when you want to invest in an altcoin that you have a very good understanding of the kind of project that they are offering you, if you are not making a good effort to understand the coins then you stand more risks of investing your money into scam coins. Especially when you are dealing with new coins you have to be extra careful

christofyler

newbie

Activity: 532

Merit: 0

I would advice you to first understand the basis about cryptocurrency.... Join communities make your own personal research before investing on Altcoin because there are lots of scam project out there so you need to be extremely careful.

Bonsaiav

full member

Activity: 602

Merit: 118

Quote from: donkey04 on June 06, 2018, 09:31:06 PM

Hello Everyone, I'm very new to Altcoins, Cryptocurrencies In General. I'm Looking for someone's advice that has been around for a while to kind of give me some tips or pointers on how to spot legit coin's, what to look for before investing. Really just any guidance on a basic level would be greatly appreciated.

For those of you who are new to cryptocurrency, the existence of an altcoin might feel a little confusing too much. Therefore let's analyze again coins that are less clear in the market which we will put into our portfolio.

For marketcap startups usually less than 10 million, their prices are above $ 1 on average, and within 24 hours their volume's above 10k USD. I think with this kind of calculation it means that this coin has a pretty good community/ volume/ability. Along with the prices of those who have never experienced extreme increases. That means this coin still has the potential/ opportunity to grow at an amazing level.

trahaubab

jr. member

Activity: 154

Merit: 2

Look at the market Volume and Total supply.
Total suply shouldn`t be very big and if you are a total newbie Volume is >1 000 000$ for you.
Then try to find out which coin is prespective one Cool

Kallipso

full member

Activity: 406

Merit: 101

Quote from: donkey04 on June 06, 2018, 09:31:06 PM

Hello Everyone, I'm very new to Altcoins, Cryptocurrencies In General. I'm Looking for someone's advice that has been around for a while to kind of give me some tips or pointers on how to spot legit coin's, what to look for before investing. Really just any guidance on a basic level would be greatly appreciated.

If you are a beginner, then you should first collect more information about what cryptocurrency is. Now a lot of videos and groups in the telegram, watching that you will better navigate in altcoins and in this area.

De_nis

full member

Activity: 560

Merit: 109

To get started, find a couple of crypto trader blogs that have been successful and are performing effective trading and try to follow their experience.

Considered

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Quote from: donkey04 on June 06, 2018, 09:31:06 PM

Hello Everyone, I'm very new to Altcoins, Cryptocurrencies In General. I'm Looking for someone's advice that has been around for a while to kind of give me some tips or pointers on how to spot legit coin's, what to look for before investing. Really just any guidance on a basic level would be greatly appreciated.

Just make sure that before you are investing in any coin that you are doing a good amount of research into that coin, do not just invest in coin just because you think that everyone is investing in them. If you are investing in icos then you have to be very careful, there are a lot of scam coins out there in the market right now so you do not lose your money

tranle1267

jr. member

Activity: 182

Merit: 1

Looking to the future and control myself

i think some altcoin for newbie, you can try with in the top of altcoin, they are so good to you invest, or you can try with some new potential coin that the community support this will be a good coin to you invest, and believe in yourself

andrej.safronov.1990

jr. member

Activity: 126

Merit: 2

First, you need to obtain as much knowledge about bitcoin in General, to understand the basic concepts and trends in the market. Then proceed to the study of coins, find out what does what and build on its strategy of investing in altcoins. I hope you will succeed, good luck!

Psec

copper member

Activity: 140

Merit: 0

My best suggestion for you is to actually learn how to make personal research by yourself. Don't dwell much on what people say or some news, at time they might be misleading because we are in an industry where your mistake will make someone else to make money

Airelves09

member

Activity: 298

Merit: 10

Investment should not be influenced by others. Projects must be explored, studied and investigated by themselves. Many of the projects are fraudulent now. You need to confirm the authenticity of the project yourself.

ElenaN

jr. member

Activity: 308

Merit: 1

It is important to read the main documents about the project, see what the team will do and what the product itself is!

beginneraf

full member

Activity: 490

Merit: 104

Coming from Peculium's announcement page! The Beta version of Solidus aka BeliEve (the AI that has been doing autotrade since September and has so far made a profit of more than 10% of its initial portfolio) will be open to the public by March 2019. That's less than 5months from now! Happy to build a bright future with them! Cheesy

https://t.me/peculiumANN/306

Quote

🔥Updated Roadmap of BeliEve!🔥

Do check them out! Cheesy

https://peculium.io/
https://www.aieve.io/

mastadonballs

full member

Activity: 420

Merit: 100

For the newbie, if you want to invest in altcoins then only invest in ETH. Because ETH's exchange rate is currently at an unprecedented level, it is possible to make long-term investments to make a big profit in the future. High potential ETH rates in 2019 could rise to $ 2,000 in exchange rates.

Saimabutterfly

full member

Activity: 257

Merit: 100

Quote from: donkey04 on June 06, 2018, 09:31:06 PM

Hello Everyone, I'm very new to Altcoins, Cryptocurrencies In General. I'm Looking for someone's advice that has been around for a while to kind of give me some tips or pointers on how to spot legit coin's, what to look for before investing. Really just any guidance on a basic level would be greatly appreciated.

I am sure until today you will become an experienced altcoin trader. Man the only thing I can say is never buy at high, and never sell in loss. also never panic buy and sell any crypto.

JeffreyBasil

newbie

Activity: 166

Merit: 0

Quote from: donkey04 on June 06, 2018, 09:31:06 PM

Hello Everyone, I'm very new to Altcoins, Cryptocurrencies In General. I'm Looking for someone's advice that has been around for a while to kind of give me some tips or pointers on how to spot legit coin's, what to look for before investing. Really just any guidance on a basic level would be greatly appreciated.

Altcoins are going really great. Just read up the white papers of coins like Paragon, Cardano and Ripple. These are very good coins and the earnings and prices shall go high.

Karie_Legend

member

Activity: 514

Merit: 10

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Quote from: oho on September 08, 2018, 06:38:01 AM

To enter the market, you need to learn how to understand its structure and gain experience! If you listen to someone, you will quickly lose your money!

I really agree, you don't have to be too confident about what other people say about the market that will go down or rise because you can make a picture of what happened last day.

GeorgeGriffin

copper member

Activity: 126

Merit: 0

First of all, we must understand that any coin is first of all a project. And to be confident in their investments, it is necessary to study what this project represents and what prospects it has. Just for myself, I decided that I would buy coins only from the Top 50 on the site of the coinmarketcap.

oho

full member

Activity: 490

Merit: 100

Investing in the future development of blockchain

To enter the market, you need to learn how to understand its structure and gain experience! If you listen to someone, you will quickly lose your money!

Topic: AltCoin Newbie (Read 1141 times)