Before I Invest With Cryptoqurrency? - page 7.

Pelunize12

sr. member

Activity: 658

Merit: 251

Quote from: 1000alasan on October 17, 2019, 12:35:12 AM

1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

great reasons, i agree with all of your reason.

but, you may miss one thing, market sentiment. market sentiment is very important to know, it can lead the price goes
for example, early 2018 ago, all coin price was going to deep because the sentiment is so bad (bearish market), no matter how good coin is, it would be dump too

magnum cyber

member

Activity: 775

Merit: 11

Quote from: Mighty_crypt on October 25, 2019, 11:46:16 AM

I believe in the power of demand, for a coin or token to be demanding the project must deliver the best rare ideas just like binance exchange do with bnb token, if there is no working product for a coin its a waste of time, i think this is the trick with new projects popping up these days, its time to start ignoring new projects that have no working products or use cases

functional or quality products in the market always attract market investment, as you have said above that BNB, one of the altcoins that has great potential for investment, has the top platform in the crypto market. on the other hand ethereum might be one of them, because ethereum has good products such as smart platforms on some of the current ico projects.

btcdie

sr. member

Activity: 784

Merit: 251

teams, road maps, white papers and more. those are the first things to notice for me. the second is price, because buying at a low price is more profitable for me, just like what happened yesterday when the red graph shows, it's an opportunity to buy.

sometimes the top 10 in cmc can go down also according to volume, and the movement of market capital. I prefer bitcoin to invest because in my opinion the center of the other coins and it's the same. in my mind if bitcoin goes down all coins will also go down, so it's the same in my opinion to invest. except like BAT coins he shows consistency like yesterday's events (all coins are dumped, only BAT goes up).

Mighty_crypt

member

Activity: 784

Merit: 21

I believe in the power of demand, for a coin or token to be demanding the project must deliver the best rare ideas just like binance exchange do with bnb token, if there is no working product for a coin its a waste of time, i think this is the trick with new projects popping up these days, its time to start ignoring new projects that have no working products or use cases

key4co.in

hero member

Activity: 812

Merit: 503

Quote from: Kvalentine on October 25, 2019, 11:31:50 AM

We are in bear market season, what do you expect? many good new projects will fail for sure, this market will drag them down if they aren't standing strong, for me this year is going to be the best year for investors because i sense we won't have the opportunities again, all those coins that loses two digits will add double digits and you will blame yourself not filling your bags, wait till 2020 to 2021 and see the big drastic change

I like your optimism about the future (2020 & 2021 as mentioned), but let's be realistic. Many altcoins will be dead gone by then, so before making any long term investment, be absolutely sure of the project, know what you look out for in a project and decide to take the risk holding their coin long-term. Personally before I invest in any altcoin for long term, I check team performance and project development, and also communication with the community and not what's on the whitepaper.

DabsPoorVersion

sr. member

Activity: 1260

Merit: 315

www.Artemis.co

Quote from: ?? on ??

Quote from: mirgo1791 on October 22, 2019, 11:58:37 AM

might work on decision as investors to put of distinct of limit on level of expends as appealing returns of offers as release from the market and gains on returns as collecting numbers of profit on nominal as expected to complete within the terms of plan with the bitcoin plan on trading/gambling.

As an investor, the most important thing that needs to be done is choosing the right coin. One can never be successful if he does not hold a good coin. Whether someone is just an investor or desires to be a trader, he can never make good money without having powerful tools. Other than that, the method chosen should be trading, simple investment or may be mining but gambling, no way.

Yes. There are a lot of new coins entering in the market today and others seem to have big potentials. We should always make a good research on the coins we found that have high potentials and choose carefully which one would be the best coin. For me, it's better to trust on the proven coins like bitcoin which can be found in the top coins in the crypto market because new coins seem to be more appealing at first but slowly becoming worthless in the end.

Seeing only its potential is not enough nowadays, seeing it proves itself is the best thing before taking an action.
Popularity comes to an altcoin if it shows improvement and development after its release.
A lot of coins shows big potential but end up being a failure, their developer's plans become contradict to their actions.

Kvalentine

member

Activity: 504

Merit: 25

We are in bear market season, what do you expect? many good new projects will fail for sure, this market will drag them down if they aren't standing strong, for me this year is going to be the best year for investors because i sense we won't have the opportunities again, all those coins that loses two digits will add double digits and you will blame yourself not filling your bags, wait till 2020 to 2021 and see the big drastic change

Dart18

sr. member

Activity: 1400

Merit: 259

I guess everything in number 1 could make a lot of difference already.
Roadmap and team. The most important of all. If some of the people in that team cannot be found anywhere then question it already.
They should always be transparent of who they are and also available if an investor want to contact them just to make sure the legitimacy of their project.

mirgo1791

member

Activity: 1022

Merit: 10

might work on decision as investors to put of distinct of limit on level of expends as appealing returns of offers as release from the market and gains on returns as collecting numbers of profit on nominal as expected to complete within the terms of plan with the bitcoin plan on trading/gambling.

TrevorS

sr. member

Activity: 1050

Merit: 377

The most important thing is to understand how the project will implement its idea. How much is it applicable to real life, and whether it will be in demand in the future. Or the project will go along the path of marketing and speculation in order to get a quick profit and send your coin to the flat. It depends on whether the investment in this project will be long-term or short-term.

EmmanCryp

member

Activity: 471

Merit: 10

QUUBE — First&Only Quantum Resistant Ecosystem

The market is over saturated now. Many altcoins nowadays that takes the liquidity away from already established coins

19Nov16

sr. member

Activity: 1722

Merit: 252

Investment certainly needs proper consideration and analysis, now there are more than 3000 coins or tokens available in various exchanges, and more than 1000 new projects every year, this certainly makes us have to be selective to avoid scam projects.

Google+

hero member

Activity: 2464

Merit: 550

Leading Crypto Sports Betting & Casino Platform

It is true that the way you provide it can sometimes help investors to choose a good project or not, but you should know that sometimes when the coin starts entering the exchange sometimes the price falls and usually the CEO will not care about the price anymore, so for investment in a project you have to be careful and sometimes you succeed and sometimes you lose.

cryptonx

sr. member

Activity: 1176

Merit: 252

Futurov

Quote from: 1000alasan on October 17, 2019, 12:35:12 AM

1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

thats really good way to reduce the risk on crypto investments my friend
and i agree with you, investing in the top coins is the best idea
maybe top coins will not give us a huge return in short period time, but the top coins will give us a sense of calm Wink

Visbay

sr. member

Activity: 1236

Merit: 252

Quote from: Zemomtum on October 20, 2019, 06:55:05 AM

Before you invest, its always advisable to check if the coin is in top 50 or at worse case scenario in top 100. Who are the team behind it and the use cases.

Exactly before investing its important to know everything about the coin and about the project you are using for investing your money. Don’t use new sites to avoid scamming so before you invest make proper research about the coin and the project when you get in crypto you will see a lot of sites that people use to scam you better be careful.

TheICE007

full member

Activity: 646

Merit: 100

tozex.io

Investment itself is risky but atleast we need to curtail the amount of risk we absorb and as such buying top 10 coins in the coinmarketcap wouldn't be a bad idea. We need to buy coins with a known use case, backed up by an active team but investing in an IEO project in a renowed exchange is also a welcome idea.

xiboothrezi

sr. member

Activity: 1246

Merit: 285

Quote from: 1000alasan on October 17, 2019, 12:35:12 AM

snip--
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

Don't forget to update information about the development of rumours and news, as material for fundamental analysis. The risk can not be eliminated, but we can avoid by minimizing the possibility. Choosing tokens or coins that are in the top 10 of Coinmarketcap is a pretty wise choice. Because you don't like being too risky, you can still invest in new coins or tokens by joining IEO on trusted global exchanges, such as Binance, Okex, Kucoin, Huobi, etc. which have been proven by many successful IEO there with ROI many times fold. By joining IEO in a trusted exchange, it will ease your efforts in analyzing potential coins/tokens, because the exchange will not arbitrarily accept cooperation for IEO, surely those chosen are truly potential.

ashmodeus

hero member

Activity: 1638

Merit: 518

Quote from: 1000alasan on October 17, 2019, 12:35:12 AM

I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

me too , i will avoid all of high risk from my money.
but well , its mean low risk have a low profit,
that why , people still dig more new coins ,investing in it, hope for big profit with short time.
and that a logic reason why even until now, scam project seems never to stop coming.
because they think probably there still a lot of people wich think ico is the best idea for growing their pocket.

3DBrushes

sr. member

Activity: 617

Merit: 253

CryptoTalk.Org - Get Paid for every Post!

Quote from: forexandcryptoauditor on October 20, 2019, 02:10:06 PM

When there are so many scams happening around this crypto space, we must think 10 times before we invest. This precautions are applicable directly to new altcoin investment.
For existing altcoins, I would see top 5 or top 10 coins as per the market capitalization, to choose for investment.

Even after thinking 10 times we might still get scammed. For example a well known project like beetoken partially scammed is investors. It's trading volume also went to negligible these days. We can't predict anything in this crypto world. Some scammers are making easy money.

forexandcryptoauditor

copper member

Activity: 1190

Merit: 3

When there are so many scams happening around this crypto space, we must think 10 times before we invest. This precautions are applicable directly to new altcoin investment.
For existing altcoins, I would see top 5 or top 10 coins as per the market capitalization, to choose for investment.

Topic: Before I Invest With Cryptoqurrency? - page 7. (Read 2238 times)