Author

Topic: Guide: 6 Steps to evaluate if alternative cryptocurrency is worth the investment (Read 759 times)

newbie
Activity: 63
Merit: 0
Thanks for the info, I just hope these guys at coingecko put more reliable information on their website than what coinwarz publishes (their profitability calculations are wrong, maybe on purpose, and misleading).
legendary
Activity: 938
Merit: 1000
Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/

thank you for the link man, there is lot of people who should read all those things before do the next step, hell even if you follow all those things you will need to be carrefully with your invest, in last months i can see that there is lot of new alt-scam coins, so all help like this guide are always welcome.

Agree, Besides with tons of coins coming using how pretext name of Ether or XT suffix will create new coins so is better read all this king of advices to avoid lost time and money.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
Alts are risky but sometimes worth it, just remember the golden rule in investing, invest only what you can afford to lose  Grin
newbie
Activity: 6
Merit: 0
It is a risky game altland  ,but can made profit for sure there. Any advise guys... Which one is good for speculation right now?
hero member
Activity: 938
Merit: 1000
Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/
thanks for sharing this.  it was a good article to read.
also i am agree with the last line which is state that
Quote
Although the altcoin ecosystem is filled with many scams – so do be extra careful when navigating this space
so for new altcoin trader can be more extra careful to start trading altcoin
hero member
Activity: 782
Merit: 1000
Thanks for sharing! I just wonder how we know a new created coins meet all of the listed criterial and whether the dev teams will successfully deliver what they promised at the beginning! IMO it needs some time to verify the criterial! So I wouldn't rush to invest ICO coins or buy new coins!
hero member
Activity: 658
Merit: 500
One of main points for evaluating can be altcoin popularity in a whole altcoin market. If there are a lot of sites, which use this altcoin, its price can go up  Wink
hero member
Activity: 1540
Merit: 500
It forgot to mention the part where you're supposed to take greed take over your intelligence  Tongue
legendary
Activity: 1946
Merit: 1007
Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/

They are good points but all of them are related to common sense.. For new users it is helpful, but anybody who at one point got burned by a coin should know this stuff.
sr. member
Activity: 381
Merit: 250
Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/

thank you for the link man, there is lot of people who should read all those things before do the next step, hell even if you follow all those things you will need to be carrefully with your invest, in last months i can see that there is lot of new alt-scam coins, so all help like this guide are always welcome.
tyz
legendary
Activity: 3360
Merit: 1533
Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/
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