this is mostly a trading board and altcoin are only good for trading not a real investment in my opinion so don't look for "fantastic ideas" they are just that, you won't make money from most of them.
i have seen many fantastic ideas but none of them could ever go high in price, but i see shitty altcoins that are getting pumps 2 folds easily and that's where the money lies.
Topic: How do *you* decide what is a good investment? - page 2. (Read 1497 times)
So my question is, from an investment standpoint, what do *you* look for in a cryptocurrency?
It seems it is a question to a trader who is continuously looking for new trading instrument whereas I am always sticking with only highly established coins. Personally I am hating risking my trading with new coins. When I am going with known and highly established coins, I believe I'm not taking big risks. People do share they are making big profits with new altcoins, at the same time I had bad experiences by trading new things.There are many feasible ways to determine the potential of new coins, but there has more possibilities to get disappointment too. When I will be focusing only to my bitcoin trading, and honestly I'm not finding any time for going back with new things.
Don't just listen only in one person, consult with many people so that you can get which is the best.
Follow follow follow follow, Follow the yellow brick road.
By general rule, each new project promises to be better than all the previous ones, and that is why I think it is not enough to read about their alleged fantastic features to decide to put my money in their projects. I have to admit that I am not an expert in all these digital issues, but I really know how to manage my money and that is why I only use to invest the money I can afford to lose.
Hey everyone, I'm new to the forum scene, but I've been following cryptocurrencies for a while now. Some of the tech has me really excited, but there are use cases that I read about that just make me scratch my head 
. One thing I've noticed is that some projects for which the buzzword count to substance ratio is insanely high does pretty good, while others that seem to have a legitimately great idea flounder.
So my question is, from an investment standpoint, what do *you* look for in a cryptocurrency?
For instance I think that Mysterium looks like a fantastic idea...but I'm not great with finance stuff, so I'm wondering what more seasoned investors think
. One thing I've noticed is that some projects for which the buzzword count to substance ratio is insanely high does pretty good, while others that seem to have a legitimately great idea flounder.So my question is, from an investment standpoint, what do *you* look for in a cryptocurrency?
For instance I think that Mysterium looks like a fantastic idea...but I'm not great with finance stuff, so I'm wondering what more seasoned investors think
If you are talking about altcoins(i'm assuming you are because you are focusing on cryptos), then always look for coins that have an active dev team that have a good reputation and are willing to reveal themselves to the public instead of hiding under a bought account. That's the major important thing. Next make sure that they are promoting their coin well with a sig campaign, otherwise it means they're not willing to sacrifice a few thousand dollars in their own project to get it started. But altcoin in general isn't for newbies. It's for more seasoned investors as you said.
The first thing I try to know if the investment solves real-world problems, because there will be no return if there is no demand for the product/service. Then it is necessary to know the team behind it, and compare the tech they have with what is already available in the market.
Of course I always do a reseaech regarding to my desired investment. I'm reading their platform, reviews and their achivement and potential. I don't seek if they are popular, what I'm looking for is good reviews for them so that I'll be comfortable in investing with them.
Hey everyone, I'm new to the forum scene, but I've been following cryptocurrencies for a while now. Some of the tech has me really excited, but there are use cases that I read about that just make me scratch my head . One thing I've noticed is that some projects for which the buzzword count to substance ratio is insanely high does pretty good, while others that seem to have a legitimately great idea flounder.
So my question is, from an investment standpoint, what do *you* look for in a cryptocurrency?
For instance I think that Mysterium looks like a fantastic idea...but I'm not great with finance stuff, so I'm wondering what more seasoned investors think
. One thing I've noticed is that some projects for which the buzzword count to substance ratio is insanely high does pretty good, while others that seem to have a legitimately great idea flounder.So my question is, from an investment standpoint, what do *you* look for in a cryptocurrency?
For instance I think that Mysterium looks like a fantastic idea...but I'm not great with finance stuff, so I'm wondering what more seasoned investors think
i never heard about mysterium because i am not too often to read the news so i think i will choose from the list that is existing in the market as my investment. many altcoins that i have is from buying in the past and its really worth because if we sell at the price now, i think we can make big money and its work for any of investment that we know but unfortunately, only few people that is succeeded to decide good investment and until now their investment is work so fast.
Well I don't know what is mysterium but I'm sure is a shitcoin no offence, things like a code without many bugs, infrastructure and hash power of a coin.
Community and use cases and the rest is just manipulations and scams. more hash power= harder to control and harder to destroy.
Community and use cases and the rest is just manipulations and scams. more hash power= harder to control and harder to destroy.
Honestly every project are having some a good roadmaps, bright futures, big time developments, future interesting plans and any other positive outlooks. If doesn't they can't attract more investors.
So in my case, how will I decide if that is a good investment?
First of all, if they can able to answer all technical questions by the investors with good reasoning and basis. Second, the team must transparent. Third, it's up now on my own preferences. These aren't an assurance that this project is a good investment but by considering basic things before investing we can minimize the risk of losing.
So in my case, how will I decide if that is a good investment?
First of all, if they can able to answer all technical questions by the investors with good reasoning and basis. Second, the team must transparent. Third, it's up now on my own preferences. These aren't an assurance that this project is a good investment but by considering basic things before investing we can minimize the risk of losing.
I always seek for something that has a potential, not a successful one so thag my investment is worth it and profitbale.
Hey everyone, I'm new to the forum scene, but I've been following cryptocurrencies for a while now. Some of the tech has me really excited, but there are use cases that I read about that just make me scratch my head . One thing I've noticed is that some projects for which the buzzword count to substance ratio is insanely high does pretty good, while others that seem to have a legitimately great idea flounder.
So my question is, from an investment standpoint, what do *you* look for in a cryptocurrency?
For instance I think that Mysterium looks like a fantastic idea...but I'm not great with finance stuff, so I'm wondering what more seasoned investors think
. One thing I've noticed is that some projects for which the buzzword count to substance ratio is insanely high does pretty good, while others that seem to have a legitimately great idea flounder.So my question is, from an investment standpoint, what do *you* look for in a cryptocurrency?
For instance I think that Mysterium looks like a fantastic idea...but I'm not great with finance stuff, so I'm wondering what more seasoned investors think
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