Topic: Before buying an altcoin - page 2. (Read 1751 times)
You can see the news in advance about the coins, can be through twitter, or and others as his.
How and where to check and what to check first before buying a coin?
Check youre feelings first before getting into it,check the plans main website and ann thread of the altcoins you want in this forum (if they do have).Check all informations about the coin before getting into it,to be short analyze it fullly
I try to make things simple. This is what I do:
If all the above seems good, just try to find a decent entry, and that's it.
HOLD and diversify your portfolio. The less moves you make the better.
Dot-com bubble bursted at around 5 trillion dollars. We're currently at 90B.
Hope this newbie could help
- Coin fundamentals (what's innovative about it, business model)
- Coin partnerships
- Coin team
- Coin margin to grow
- Coin sentiment (forums)
- Coin roadmap
If all the above seems good, just try to find a decent entry, and that's it.
HOLD and diversify your portfolio. The less moves you make the better.
Dot-com bubble bursted at around 5 trillion dollars. We're currently at 90B.
Hope this newbie could help
The best way for me in buying other Altcoins was to look for the movements of Altcoins on some trading sites where you can see the sure movements of every coins if they are going up or down, i doing this I can get an idea if what Altcoin I'm going to buy for a trade, and because there are not enough news out there just like bitcoin that lets you know the current state of alts.
Simple way is only see exchanger price chart before buying an altcoin, replace your analyze and buy some coins. Before buy you need to replace your take profit and stop loss area. This is real market, make a good plan before buy some coins. That's my opinion & good luck.
How and where to check and what to check first before buying a coin?
check the volume first, check the value then, if it has good volume you can buy, if it is very cheap buy many, otherwise invest what you can afford to lose, check also the dev if it's active or a scammer that made the same copy paste altcoin, see his modus operandi
Mostly people will advise you to buy those altcoins that are on the Top 10 list of Coinmarketcup. But for me before investing into an altcoin you have to do research first about that coin you want to invest into, if you think it has a potential to grow more and the project is doing good then go for it. Do not buy a coin just because everybody is telling you to buy.
Don't listen to the meatheads on this forum. They will give you bad advice 9.9 times out of 10, and most of them just want to unload whatever piece of shit they're holding, so don't listen to them.
https://twitter.com/maguraaa?lang=en
Many do not even investigate, just trade on exchanges and rely on their previous knowledge reading of charts. but this is not enough alts are specific, and needs much investigation, sometimes direct involving in discussions in their topics. Also always think logical, follow the flow of money.
How and where to check and what to check first before buying a coin?
Altcoins is pretty much like lottery, winner and loser, you are lucky if pick the right one, this is what I view them. Also checking Bittrex.com for shakers and movers, then try to find it Bitcointalk if this positivity is true to the sound of community, never buy any thing with self-moderated OP.
How and where to check and what to check first before buying a coin?
If it is on the top 10 on coinmarketcap.com, then you are buying an established alt.
Others are highly risky and susceptible to pump and dump. Go for it if the coin has an innovative idea, you believe in it and you have money to lose. Otherwise, avoid investing in random alts.
Check it's price by looking at the exchange you plan to buy said coin from.
Seriously though, what coin are you looking into buying?
Seriously though, what coin are you looking into buying?
Check your pulse and check your reflection in the mirror for signs of insanity. Then go outdoors and get some air and ponder what it is you are about to do.
If you have mad money to blow, go for it. But these altcoins are highly unpredictable and extremely volatile. Most of them you could ride all the way down to 1 satoshi, easily. It's gambling.
Don't listen to the meatheads on this forum. They will give you bad advice 9.9 times out of 10, and most of them just want to unload whatever piece of shit they're holding, so don't listen to them.
If you have mad money to blow, go for it. But these altcoins are highly unpredictable and extremely volatile. Most of them you could ride all the way down to 1 satoshi, easily. It's gambling.
Don't listen to the meatheads on this forum. They will give you bad advice 9.9 times out of 10, and most of them just want to unload whatever piece of shit they're holding, so don't listen to them.
How and where to check and what to check first before buying a coin?
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