Author

Topic: Fundamental Analysis Coins (Read 721 times)

newbie
Activity: 17
Merit: 1
April 30, 2017, 02:14:06 AM
#6
Thanks everyone!

I realise that fundamental analysis is something totally different for the cryptospace, especially since it's still so young. So far I think the main parts to look for is in order of importance:

1. The team behind the coin, its reputation and how passionate they are about it (in answering questions from others, working on it).
2. The community behind the coin (Slack, Reddit, maybe also this site).
3. The whitepaper and how the team is able to get things done before each deadline.

Any comments on this, or suggestions to improve? Smiley
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
April 26, 2017, 12:27:48 AM
#5
To do proper fundamental analysis, you'd need two things which are, depending on the coin, generally unavailable, or completely impossible:

1) transparent financials
2) meaningful growth projections

And so, similar to the dot-com bubble, one can justify buying virtually anything.

My best advice is to look at the idea--does it make sense, will customers demand it, will it generate profits; and look at the team.

A reputable team is just about the most valuable fundamental a project you can have in a space where reputation is the only cold hard currency.
member
Activity: 83
Merit: 10
April 25, 2017, 07:15:27 PM
#4
Doing fundamental analysis in tech companies is hard. And doing it in cryptocurrencies it's likely even harder. Most altcoins are pump and dumps schemes, what drives the price here are people feelings and expectations, not fundamentals.

For example, the latest trend are masternodes, just putting that feature in the ANN page even without implementing it, it boost the price for 200%-800%
legendary
Activity: 1806
Merit: 1164
April 25, 2017, 06:50:59 PM
#3
Hi people,

I am pretty excited about the cryptocurrency market and want to start investing long term. The best way to do this in my opinion is to do it the Warren Buffet way and do some heavy fundamental analysis. However, I am pretty new to all of this, so I was wondering if some of you could help me with this with some sources. What should I watch especially, where can I learn about this? What are the basics I should know? What are the main technologies right now (like masternodes) and where can I find all this (internet is not helping me that much)? I love reading and learning so don't be afraid to suggest whole books that can help me. I will be very grateful for all kinds of help!

Thanks a lot in advance! Smiley

Go to http://coinmarketcap.com/ and look at the top ten coins. IMO bitcoin has the best 'fundamentals' and it has network effect as the first mover and largest market capitalization. I also like Ether and Monero and to a lesser extent Litecoin.

It is important to take a look at the development team behind the coins. You can do that research here or reddit, and at the websites of the coins you are considering buying. You will not be doing traditional fundamental analysis with cryptocoins but instead technical analysis. Be careful of advice from newer accounts here at the forum as they may just be shilling for their favorite coins or 'talking their book'. Just buying and holding bitcoin has turned out to be the best long term investment ... you do not have to diversify into other altcoins unless your research gives you a reason to. Have fun!
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
April 25, 2017, 06:48:56 PM
#2
Hi people,

I am pretty excited about the cryptocurrency market and want to start investing long term. The best way to do this in my opinion is to do it the Warren Buffet way and do some heavy fundamental analysis. However, I am pretty new to all of this, so I was wondering if some of you could help me with this with some sources. What should I watch especially, where can I learn about this? What are the basics I should know? What are the main technologies right now (like masternodes) and where can I find all this (internet is not helping me that much)? I love reading and learning so don't be afraid to suggest whole books that can help me. I will be very grateful for all kinds of help!

Thanks a lot in advance! Smiley

I doubt if the cryptospace is amenable to fundamental analysis. There are no dividends or cash flows for you to discount and arrive at a proper valuation.
This market is purely driven by sentiments.
newbie
Activity: 17
Merit: 1
April 25, 2017, 03:09:44 PM
#1
Hi people,

I am pretty excited about the cryptocurrency market and want to start investing long term. The best way to do this in my opinion is to do it the Warren Buffet way and do some heavy fundamental analysis. However, I am pretty new to all of this, so I was wondering if some of you could help me with this with some sources. What should I watch especially, where can I learn about this? What are the basics I should know? What are the main technologies right now (like masternodes) and where can I find all this (internet is not helping me that much)? I love reading and learning so don't be afraid to suggest whole books that can help me. I will be very grateful for all kinds of help!

Thanks a lot in advance! Smiley
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