When choosing a project, I check:
Project site
Command
Social networks
White Paper
Partners and investors
The idea of the project
Topic: how do you choose Altcoin .. ?? - page 14. (Read 4373 times)
At the moment I am afraid to consider altcoins not from the top 100, as there is a great risk of losing the investment.
The risk that we will get in investing is very big, therefore we must be careful in choosing a coin. we have to be really careful.
For me the primary criteria is to look at the exchange and the market cap before investing in any coin. If I find any new coin on exchange like Binance, I study it throughly and then decide whether to invest in it or not. My decision involves two main factors. First is to see in which phase the coin is. Is it growing, matured, or in declining phase. I stay away from already established coins and try my hand at new coins. Second, I look at the market cap of the coin.
At first I look at Icobench and look at ratings from advisors and experts. Then I look at the website and at the project goals - and if there were completed previous goals. And the last one - if it's already on the market, I look at the development of the value. Then I decide to invest.
Choosing altcoin is not that easy. It takes a lot of determination and research to find the fit and worthy coins for you. Reading and even asking opinions from the experts are a big help to choose the perfect coin for you. I also checked it's background and market status. Investing is really risky but if you find the right coin, all the risk will be worthy if you already see the results of a fruitful investment. I really believe that information of the altcoin that you read is really important to balance things up, either to invest in a specific coin or not. You need to be extra careful because scammers are everywhere. And this forum also a big help for searching the right coin. Experts are a big help too.
Many parameters are significant for me, but maybe the most important one is the working and needed product, that always guarantee good price.
because Bitcoin has a great demand. Moreover at this time when the name Bitcoin already famous and soar, can not be counted again how much profit can be obtained by buying and selling Bitcoin. Currently 1 BTC has a translucent value up to 860 USD so if you buy Bitcoin in 2011 of course this time has become a millionaire.
For me are a few indicators important, but first of I look or the projectteam is working hard to develop something. If they have a roadmap do I look if they get the deadlines or not. There are some altcoins who delay phases in their project.
At the moment I am afraid to consider altcoins not from the top 100, as there is a great risk of losing the investment.
For the right choice is to use all possible means. This and various forums, like this, this and information in networks. Proper study of information will give good results.
Well, not sure about Altcoins.To date, investing in the crypto currency is a risky business, despite the assurances of a huge number of experts, the situation is becoming more complicated, it is at the mercy of large players in the currency market. Today I would not take any chances. It is best to recommend investing in ICO, when you invest in such projects, you know that you will receive a product whose success will ensure a stable profit. It remains only to find such a project. From myself I can recommend Kelvin-blockchain. Check it out
Since i am doing fundamental trading what i am doing is look at the project itself, when i am eyeing on a certain coin i really how it works in order for me to determine it's potential. Following their telegram group is really the best in order to get a real time answer from development team. Then always check their roadmap in order for you to know the plans and incoming developments of it's project. By that you can set a timeline where to exit if you are now planning to sell your tokens.
I'd the course is already on the market, I consider the marketcap and the volume but if not, I consider the team and the nature of problem the project intends to solve.
See trading volume in coinmarketcap, it is very important to know the number of coins in circulation and in trade.
coin analysis that dump 20% or greater. it's just a small experience.
coin analysis that dump 20% or greater. it's just a small experience.
By looking at the growth, price, volume and affordable of my pockets. And usually I see it in coinmarketcap, coinmarketcap provides all the information about the coins.
For a new project, I guess my suggestion won't help much but there are ICO project that is publishing their soft cap and hard cup at the beginning of the ICO or on the pre-sale, if their target soft cap if considerably achievable in the timetable I do participate on that project but if the project ambition is to achieve bigger soft-cap with the short time given I make a pass----
we see first of altcoin itself is no progress or not for future competitiveness with other coin-coin so that later can be profitable for us sir.
I'm not very interested in the altcoins, but I see that there are very many promising ones among them. From what I know I have to choose according to such criteria as marketcap
The first thing you need to do is to evaluate the team that is developing the project. And secondly you need to study White Paper and after the work done, you will understand whether this token or ICO is suitable for you.
How do you choose Altcoin...??!
And how do you choose a bounty project ... ??!
And how do you choose a bounty project ... ??!
There is so much criteria out there for picking the right altcoin for investment. I'll let you google and research that for yourself because if you ever want to succeed in crypto you'll have to do a lot of research. For bounties here are some quick tips:
- Join only campaigns that are run by high ranking members.
- Do not join campaigns that have no design. The pictures and labels and how the post is written matters.
- Check the coin's website to make sure it is legit.
I'll let you figure out why these are important.
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