AltCoin Newbie - page 8. | Bitcointalksearch.org

COCOMARTIN

jr. member

Activity: 153

Merit: 7

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.

Before I was in the field of bitcoin I also do not know much about investment because there are so many scams but with the help of our bounty we can know if you chose to invest correctly but we still need to study it and research into increasing knowledge in the field of investment.

castiloros

sr. member

Activity: 770

Merit: 250

find out the team that is behind the crypto you'd like to use for investment. This certainly will make a determination whether it could succeed and whether or not in the future. Moreover, in the long term investment is certainly needed a strong crypto and can survive for a long time.

Perfect35

member

Activity: 854

Merit: 10

I will give you advise based on what i lookout for personally before investing into any altcoin. Considering the fact that a good product is one of the major factors that will make an altcoin to last long, i ensure that the product must have first been adopted before i invest into such coin. Other factors are good team as well as the historical data on the altcoin.

almanPeter

newbie

Activity: 14

Merit: 0

I can recommend you not to focus only on crypto there are many ways to gain profit.
I’ve gained some experience lately in the Token Sale sphere and now I can share my experience. Socratus is the new exciting project which amazed me. It is an insurance ecosystem which provides a digital platform for insurance companies. The aim of this project is to create a win-win insurance.
it is definitely worth looking at

BTCwin1

member

Activity: 252

Merit: 10

You should be good at using gtihub to search the code development of this token.
If the code for this token is updated slowly, you need to be careful.

donkey04

newbie

Activity: 11

Merit: 0

This is going to be a dumb question I'm Sure but, If a coin is on an exchange its out of the ico stage is it not?

Trollinator

member

Activity: 238

Merit: 15

There are a lot of scams out there to be wary of. I always like to participate in projects that have the most reputable VC supporting them. I figure that they will not want to be associated with any kinds of scams so much safer in my humble opinion. Also don’t be only lured by high token price projects; vet as if u were investing your own money.

coin-investor

hero member

Activity: 2940

Merit: 593

Leading Crypto Sports Betting & Casino Platform

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.

Developer team interaction is very important, so potential investors and supporters can ask relevant questions about their project, and of course, the team behind the project, are they real experts in their fields and can they materialize their roadmap, marketing also plays a crucial role.

donkey04

newbie

Activity: 11

Merit: 0

I guess my interest is in projects that are just coming onto the exchange.. I like the idea of getting in on ground lvl and watching it slowly grow and hope for the best.. I could just invest in bitcoin or Eth The major guys but then its not really all that fun.. It may go up it may go down but unless you have a huge amount to invest your return wont be great unless for some reason the price just goes insane, where as a coin that just comes on that you see potential in you invest a small amount and if it happens to go even a small amount because you were able to buy so many coins your able to make a little something off of it..depending on how long your willing to hold on to it that is... so that's my thinking and kinda what I was wanting to do... bad idea?

Fatimah Azzahra

newbie

Activity: 182

Merit: 0

Basically in this forum the point is read before starting it all in the bitcoin forum.
so do not get tired of reading in this forum so you can get more knowledge from here, because later good you own bad that bear it.
to analyze the top coin coin I usually personally use Indodax.
And if you want to participate in ICO, my advice you should do research first, because not all ICO is good and does not promise your future. if ICO is good, it has an experienced and strong team, they will also make or promote its products that really benefit us all.

Ricowavy

newbie

Activity: 126

Merit: 0

One good thing about crypto is that you can be self thought. In fact, majority of pros today in crypto too are self thought. All you need to do is check google regularly for whatever info you want or youtube on how to analyse good projects. Loads of free info out there trust me.

Primal6666

jr. member

Activity: 182

Merit: 2

Market Integration Platform

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.

In my opinion, the most important points are the professional preparation of the team, its enthusiasm for the project and the desire and ability to assemble a large community, including large market players. And of course a fresh, promising idea. And do not listen to those who promise the golden mountains.

fabskie21

member

Activity: 280

Merit: 10

Its hard to determine legit icos from fake ones. But one thing that you need check out aside from what others have stated is the relevance of the project cause most of them today are just copying out the concept of other previous projects and will never make it in the market.

kenborbs

jr. member

Activity: 154

Merit: 1

The revolutionary AI gaming ecosystem

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 newbie I suggest you may invest in Etherium and Ripple whereas they have a decent stats in the market to day, which means it has a good market cap and trading volume. So your investments is secured because there are numerous investors investing in the said altcoins. You can also buy cheap altcoins but make sure that you have checked their whitepaper in order to avoid being scam in the end.

Tonstar

member

Activity: 434

Merit: 10

Quote from: panaevewan on June 11, 2018, 06:54:55 PM

At the initial stage, all projects are the same. There is no way to identify fraudsters and so on. Everything is learned in the process. But if you have perseverance. You can punch all the information on the project and its team.

experience comes with the time, so after a while you will have enough knowledge for disti guishing the good projects from the bad ones

Tonstar

member

Activity: 434

Merit: 10

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.

hello! and the first thing i would like to tell you - do jot be disappointed and do not give up on yourself! experience comes with the time!

panaevewan

newbie

Activity: 178

Merit: 0

At the initial stage, all projects are the same. There is no way to identify fraudsters and so on. Everything is learned in the process. But if you have perseverance. You can punch all the information on the project and its team.

snaper14

member

Activity: 243

Merit: 10

Personally I usually look at the project if they have a working product and promise something good after that the team is very important together with the advisors who can make that promise be true.

crypthomonkey

member

Activity: 434

Merit: 10

Quote from: GalaxyWorld on June 11, 2018, 06:48:00 PM

Quote from: vrabac68 on June 11, 2018, 06:03:21 PM

Well first of all read in this forum beginners posts.After if you want to invest something invest in crypto that is well researched and for me you better get infrastructure coins .Second you can do bounty campaigns and earn free crypto .For trading you need extra experience

For new entrants in the cryptocurrency market, it is important to determine which sector you want to participate in. If you want to invest then the most important thing is to study the knowledge of this market so much to have the basis of investment, learn from the experience of people who entered the market before is necessary. If you do not want to invest and just want to do bounty campaigns then you can refer to the way people work here to complete your work.

oh, i remeber my first month, i thought i was an idiot, because i understood so littlw and i think a lot of people felt the same

crypthomonkey

member

Activity: 434

Merit: 10

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.

well, welcome to this crazy world! this world can be difficult sometomes and might feel you do not understand it, but it just seems so. good luck!

Topic: AltCoin Newbie - page 8. (Read 1141 times)