Topic: Coin life and investment safety (Read 1441 times)
It is common for some scam coins to live more than 3 years.
I think that within a year, this coin is safe to invest.
I think the way to know whether it is going to stay for a long time is from the enthusiastic investor and the project for the future, crypto coins future is based on market demands if there are a lot of people interested in that coin and the coin got a big potential for future than that coin will be stay for a long time, like ETH and litecoin, both of the coin got a strong foundation from investors
Time is not necessary to be the main point to determined a good coin
Time is not necessary to be the main point to determined a good coin
If you want to invest in short term looking for a large volume coin and relatively low price example XRP, RIC, WINGS, PINK etc 
I don't think so.
Well i just noticed a lot of alt coins with big changes. And i gotta say this time is a good time to invest in altcoins. As btc is increasing a lot of coin also are increasing in supply. Here are some of them.
Ethereum Ethereum (ETH) (20.72%)
Bytecoin Bytecoin (BCN) $0.001772 (20.20%)
Steem (STEEM)$1.18 (19.14%)
BitShares (BTS) $0.085362 (36.61%)
There are just few to name them.
If you want to invest in short term looking for a large volume coin and relatively low price example XRP, RIC, WINGS, PINK etc
I don't think so.
If you want to invest in short term looking for a large volume coin and relatively low price example XRP, RIC, WINGS, PINK etc
What do you mean exactly by "worthy of investment"?
Does this mean how much profit can you turn and over how long?
Does this mean how long will it hold it's price?
If you are trying to profit then some coins will only take you a few weeks or less.
Does this mean how much profit can you turn and over how long?
Does this mean how long will it hold it's price?
If you are trying to profit then some coins will only take you a few weeks or less.
Creators of altcoins do not investigate real life needs, and how to "make life easier with new project", they just trying to be successful than previous. This way that only creating countless copies without real purposs exept PnD. When this change we can talk. In meanwhile i will stick more at top 10! We cannot talk about safety and investments in this environment.
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Many coins die after a short run for different reasons. How long should it take for a coin to prove that it is going to stay, that it is strong and worthy of investment?
tough question, because there are coins that lasted long enough like feathercoin but then they were dumped and now they don't hold much value, and some other that can still kick ass and are new one because they are based on somethign else that was successful, but as a general rule, 3 years should be good to say that a coins is not going to get destroyed, it depend also on the marketcap invested, eth for example it's too strong to die already
If after 3 years the coin isn't on the first page at coinmarketcap or better yet in top 50, it can be assumed it is dead pretty much. Feathercoin isn't on the first page, it is dead following this simple rule of thumb. Of course it's dead also because it's a dumb clone of a bitcoin clone but it's another story.
For me, at least 1 year of running with an active github repository and regular releases and being in top 50 is a sign that I will look into the coin. I can disqualify it later for not meeting other criteria and I do that a lot.
Many coins die after a short run for different reasons. How long should it take for a coin to prove that it is going to stay, that it is strong and worthy of investment?
tough question, because there are coins that lasted long enough like feathercoin but then they were dumped and now they don't hold much value, and some other that can still kick ass and are new one because they are based on something else that was successful, but as a general rule, 3 years should be good to say that a coins is not going to get destroyed, it depend also on the marketcap invested, eth for example it's too strong to die already
Creators of altcoins do not investigate real life needs, and how to "make life easier with new project", they just trying to be successful than previous. This way that only creating countless copies without real purposs exept PnD. When this change we can talk. In meanwhile i will stick more at top 10! We cannot talk about safety and investments in this environment.
For altcoins there is no safe investment. Even holding Bitcoin still is high risk. Most of these altcoins were made to make their founders rich. The next ones who will profit big time are the sharks in the trading pool!
Most of today's altcoins won't exist anymore in 3-5 years. Try to make some nice profits with the ongoing pumps and dumps and either put a bit of that profit in Bitcoin or convert to fiat and invest in something else.
Maybe a hand full of alts will survive over the long run and have some serious value. The dotcom bubble of cryptos and blockchain will come. So be smart and not naive!
Most of today's altcoins won't exist anymore in 3-5 years. Try to make some nice profits with the ongoing pumps and dumps and either put a bit of that profit in Bitcoin or convert to fiat and invest in something else.
Maybe a hand full of alts will survive over the long run and have some serious value. The dotcom bubble of cryptos and blockchain will come. So be smart and not naive!
im sure these big altcoin company started as small coins where it was cut short by mistakes. its trial and error tactics for them to know what was wrong during the first try until they could perfect a good altcoins in trading. As long as you know how to manipulate the crpyto world or whatever then i thinks it can achieve success in small time.
there are two very different ways of looking at what you are asking.
as an investment to make profit
which is what most of us are doing. this means nobody cares about anything more than the profit they can get from the pumps, and for that you only need less than a month to see how the altcoin is performing nothing more.
as a real investment
for that you need to dig deeper but sadly these days there are no good project that is worth looking into as a real investment that has a real future and usage. most of them are basically created to give the investors money through pump and dumps. i sometimes see some projects that seem promising but they all end up in the same place.
I agree with this. In other words, this is the difference between a short-term and a long-term investment. Of course, to consider a coin as a long-term investment, I think it should be at least 1 year old, quite stable overall and have some interesting features or be already quite used in gambling or on markets.as an investment to make profit
which is what most of us are doing. this means nobody cares about anything more than the profit they can get from the pumps, and for that you only need less than a month to see how the altcoin is performing nothing more.
as a real investment
for that you need to dig deeper but sadly these days there are no good project that is worth looking into as a real investment that has a real future and usage. most of them are basically created to give the investors money through pump and dumps. i sometimes see some projects that seem promising but they all end up in the same place.
However, I think that if a coin is brand new, it is bad even as a short-term investment, because its price can fall down extremely fast and it's easy to miss the moment.
true. specially since after a new coin is listed on an exchange there are a lot of miners or worst of all those people who got coins for free such as airdrop, giveaways, advertising campaigns,... will want to get bitcoin in return so they start dumping and that is why usually there is a big drop in the early days of a coin
There are no guarantees of safety or investment, everything is a risk when you are looking at altcoins and even bitcoin. There are coins that have been around for a few years that are constantly being worked on and improved, whether or not these will reap profit in the long term is a guess.
We have also seen the likes of ETH and NEM come along with new code with the possibility of rivalling bitcoin, you just have to keep an eye on whichever coin you pick up.
We have also seen the likes of ETH and NEM come along with new code with the possibility of rivalling bitcoin, you just have to keep an eye on whichever coin you pick up.
So, you, actually, dont think, that technology like ethereum is a future? Even bitcoin? Mostly new coins come with "upgrades" to the first idea of bitcoin, dont you think at least 1-2 cryptocurrencies will be 100% used all over the world and help people solve their problems, that they face with fiats?
Some of them won't be only upgrade! As the matter of fact wheel is invented long time ago and it is still in use.I'm also think that Bitcoin won't stay only coin that worth something and have real life usage . People will adopt everything that is simple for use and it is safe. If you can make proves then you can convince people. For all this time is needed as assurance.
It doesn't matter, because most won't make it past 3 years anyway. AND, there's not a new coin that's come to market since litecoin that's worth buying. Period. And "safety"? Yeah, you're not likely to find any of these shitcoin to be safe investments, now or ever. Not even bitcoin itself could be considered safe. Just look at how volatile it is, and all the other coins are as bad if not worse.
So, you, actually, dont think, that technology like ethereum is a future? Even bitcoin? Mostly new coins come with "upgrades" to the first idea of bitcoin, dont you think at least 1-2 cryptocurrencies will be 100% used all over the world and help people solve their problems, that they face with fiats?
It doesn't matter, because most won't make it past 3 years anyway. AND, there's not a new coin that's come to market since litecoin that's worth buying. Period. And "safety"? Yeah, you're not likely to find any of these shitcoin to be safe investments, now or ever. Not even bitcoin itself could be considered safe. Just look at how volatile it is, and all the other coins are as bad if not worse.
So, you, actually, dont think, that technology like ethereum is a future? Even bitcoin? Mostly new coins come with "upgrades" to the first idea of bitcoin, dont you think at least 1-2 cryptocurrencies will be 100% used all over the world and help people solve their problems, that they face with fiats?
It doesn't matter, because most won't make it past 3 years anyway. AND, there's not a new coin that's come to market since litecoin that's worth buying. Period. And "safety"? Yeah, you're not likely to find any of these shitcoin to be safe investments, now or ever. Not even bitcoin itself could be considered safe. Just look at how volatile it is, and all the other coins are as bad if not worse.
Many coins die after a short run for different reasons. How long should it take for a coin to prove that it is going to stay, that it is strong and worthy of investment?
I think you can get into new coins if you do your due diligence and really research the people behind it. I think a good rule of thumb is how inspired the founder seems. If the top guy in a coin is not all that into it that is a guaranteed deathblow to any coin. You shouldn't have to feel like you're pulling the teeth of the Dev in order for them to make a serious effort into the success of the coin. The Devs should be the #1 people into it and showing their commitment by doing things like providing a clear roadmap, advertising, and being active in all aspects of the website, ANN thread, etc.
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