Identifying whether a coin is a solid or a shitty one can be done from just looking at the white paper , if you find garbage there , there's a high chance that everything else related to it will have the same nature .
If everything looks normal and there's consistency behind the ideas , thoughts and speculations you should move to the road map and try to simulate what will happen at each phase and compare it to what's happening with other altcoins that has been launched and are already in the scene , with a bit of logic and experience you'll be having a 80% accurate judgment .
Every thing still looks solid ? Move on to the forums and crypto related news providers , if there's a lot of importance given to that particular coin and it's getting talked about everywhere , then the hype is on and you should get some . If there ain't enough attention , putting a few bucks at it won't hurt , and further evaluation of the market can be done in order to know whether to buy more or not .
The whole process won't take more than an hour to realize and even if you end up not investing , you'll gain experience out of it and develop an aptitude to recognize a good/shitty coin .
Topic: How do you decide which coins to buy? Do you use the method of trading the news? (Read 246 times)
January 26, 2018, 06:30:57 AM
January 26, 2018, 03:14:20 AM
Well, it's interesting of course, there are some wholesome moments in the video. However, I often lean on intuition and various positive moments of the particular coin at the beginning.
January 21, 2018, 01:45:08 PM
Looking for event calendars if of course nice, since people act a lot on news. Actually they act before the event take place, since on crypto everyone seems to be following the rule buy the rumors sell the news. An obvious demonstration of that principle has been seen with a lot of crypto, like in the BTC forks, or the exchange bans, or the futures arriving. The price was always already capitalized on the rumors, and then when the since actually happened, nothing really changed. We can't also forget about inside trading, that is true all over the world, but it's much easier to do on crypto. Recent examples of that, where the bcash being added to coinbase, and now the south korea fud.
So yes, I would say that "trading the news" is a key aspect in crypto trading.
So yes, I would say that "trading the news" is a key aspect in crypto trading.
January 21, 2018, 12:42:12 PM
Sometimes, news about the token or coin works but not all the time. When I plan to buy a coin or a token, I look at the RSI, so it will show you if the coin/token is already oversold or overbought. If its oversold, that's a good time to buy, because the price already dropped as a lot of holders already dumped the coin and it may have a chance to recover a little.
January 21, 2018, 12:31:06 PM
I am really basing on news since I am new in cryptocurrency and I don't know anything about Technical Analysis or TA, I am relying only on news. But I have a group chat in which people in there are doing TA's and I am just riding all through out in order to win trades.
And another reason of coins to buy, is when I am finding something that caught my attention. Just like, favorite coins. I love, centra. I love scalping in centra. That's how.
And another reason of coins to buy, is when I am finding something that caught my attention. Just like, favorite coins. I love, centra. I love scalping in centra. That's how.
January 21, 2018, 12:24:54 PM
Hi everyone! I wonder which methods you use when selecting altcoins to invest in? Do you look at event calendars? I usually take 5 steps before buying a coin and made a video about it: https://youtu.be/KVxlki3Qr4g
Let me know what you think, have I missed something?
p.s. i also usually look at the coin's telegram, but forgot to mention it in the video
Let me know what you think, have I missed something?
p.s. i also usually look at the coin's telegram, but forgot to mention it in the video
Well looking at a coin's future events means that that coin has a clear roadmap of where it wants to be, so that's one of the good signs to look for when investing in an alt. Also read read and read about the team behind it.
January 21, 2018, 04:15:24 AM
Trading the news? Of course not.. I am in multiple telegram groups with some of my friends, most of them have valuable information about altcoins and we usually invest on the same altcoin all the time.
But no, following calendars? There isn't any calendars for cryptos as far as i know..
But no, following calendars? There isn't any calendars for cryptos as far as i know..
January 21, 2018, 04:11:02 AM
The method of trading the news is very effective some times but the best approach is to do your research and base in your research you should invest and have a target for tradijg to bitcoin back or continue to hold bitcoin as a strategy!
You can only make a sensible decision regarding to that of buying of any kind of coin amongst all the coins which are there in the world of crypto currency when you will study about all the coins in detail and will chose the best possible coin. However, it all depends on the individual who is busy in trading like which method and technique he uses in order to make money in trading. January 21, 2018, 03:37:49 AM
The method of trading the news is very effective some times but the best approach is to do your research and base in your research you should invest and have a target for tradijg to bitcoin back or continue to hold bitcoin as a strategy!
You can only make a sensible decision regarding to that of buying of any kind of coin amongst all the coins which are there in the world of crypto currency when you will study about all the coins in detail and will chose the best possible coin. However, it all depends on the individual who is busy in trading like which method and technique he uses in order to make money in trading. January 16, 2018, 10:10:14 AM
How to decide which coin to buy is very easer, just read their white paper and then check the number of people on their telegram channel. A good project do has more people to itself.
January 16, 2018, 09:18:30 AM
First of all I am reading white paper and checking github activities.
January 16, 2018, 09:17:20 AM
for me , im try to look about the project plan , and asking about that to the dev
if that good enough , i will buy that coin and this for long term
also event tho , i use that to buy that coin but just for short term
Yes you are right before buying coins you need to take a look on their plans asking some questions about their project is really helpful for you to predict weather it is good coin or bad coin. You can join their telegram, their social media where you can be updated about their project. All of ways for you to know about their project is there all you need to do is become responsible on what coins will you going to hold. Be wise and be careful about choosing a coins for you to hold. if that good enough , i will buy that coin and this for long term
also event tho , i use that to buy that coin but just for short term
January 16, 2018, 09:05:21 AM
I also look at what is my reason for buying in. Is it a project I feel passionate about and with keep a long time. Is this something that will be medium or would this be something as a short term investment to make a quick buck.
If you have some good knowledge about the things which are related to that of crypto coins, then it will be really very much easy thing for you to choose one of the best coins which are there in the world of cryptocurrency. The best thing which can help you in buying the best coin is studying about all the top rated coins and then choosing anyone of them based on your own needs and wants. January 16, 2018, 08:38:29 AM
Hi everyone! I wonder which methods you use when selecting altcoins to invest in? Do you look at event calendars? I usually take 5 steps before buying a coin and made a video about it: https://youtu.be/KVxlki3Qr4g
Let me know what you think, have I missed something?
p.s. i also usually look at the coin's telegram, but forgot to mention it in the video
Let me know what you think, have I missed something?
p.s. i also usually look at the coin's telegram, but forgot to mention it in the video
My brother searching dump coins to buy but he's searching first if the coins have the potential to grow. This idea makes my brother because this is the way he know how to earn money quick and easy. So I think l have to search also how. Because millionaire's now in bitcoin is they study how to make money from money. Thats why l want to learn also so that l will succeed also.
January 16, 2018, 08:24:11 AM
This is really very important point which coin to buy and when to buy?
I generally read experts opinion on trading on daily basis but I don't take more risk on only experts advise. I always invest 50% in BTC & 50% in Altcoins. Altcoins, I decide on marketing campaign of the coin community.
I generally read experts opinion on trading on daily basis but I don't take more risk on only experts advise. I always invest 50% in BTC & 50% in Altcoins. Altcoins, I decide on marketing campaign of the coin community.
January 16, 2018, 07:27:45 AM
The method of trading the news is very effective some times but the best approach is to do your research and base in your research you should invest and have a target for tradijg to bitcoin back or continue to hold bitcoin as a strategy!
January 16, 2018, 07:25:20 AM
I also look at what is my reason for buying in. Is it a project I feel passionate about and with keep a long time. Is this something that will be medium or would this be something as a short term investment to make a quick buck.
If you have some good knowledge about the things which are related to that of crypto coins, then it will be really very much easy thing for you to choose one of the best coins which are there in the world of cryptocurrency. The best thing which can help you in buying the best coin is studying about all the top rated coins and then choosing anyone of them based on your own needs and wants. January 13, 2018, 01:21:04 PM
The events in the development of your chosen coins or project must necessarily follow. This depends primarily on your profit. And the more interesting project or coin is, the more time should be given to monitoring its development.
January 13, 2018, 12:37:58 PM
Of course, I always follow the latest news. This can help see the progress of coins and also will greatly affect the market.
Do you just read them in your Twitter feed or visit calendar websites? I wish there was a site with aggregator of all twitter cryptonews
January 13, 2018, 11:33:32 AM
Of course, I always follow the latest news. This can help see the progress of coins and also will greatly affect the market.
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