Topic: How do you usually choose a money to invest in ? (Read 1599 times)
check my sig if you can't make the good picks or have no idea how to read markets/make profit reliably.
coinemission (inflation), distribution, anticipated buy or sellpressure based on that and other factors
that's about it.
To be fair/clean is also required for the coin
that's about it.
To be fair/clean is also required for the coin
Again, on bittrex when I click on the BTC-CND order book on the top, I can see a green and a violet part, both representing sells and buys of course. How should I read this ?
Those are subscripted with *Uses the top 50 levels of the buy and sell orderbooksdisplaying the orders, which are a hint if people are currently in a mood to buy, or to sell. Bullish or bearish situation.
You get that in a more reliable way by a single glance at the candlesticks diagram.
Basically Jimmy Zed hit the nail. Microcaps, smallish coins are like featherweigth in the winds.
Cheers mate !
Just logical reasoning and a bit of experience - a couple of years to be more precise 
Again, on bittrex when I click on the BTC-CND order book on the top, I can see a green and a violet part, both representing sells and buys of course. How should I read this ?
Those are subscripted with *Uses the top 50 levels of the buy and sell orderbooksdisplaying the orders, which are a hint if people are currently in a mood to buy, or to sell. Bullish or bearish situation.
You get that in a more reliable way by a single glance at the candlesticks diagram.
Basically Jimmy Zed hit the nail. Microcaps, smallish coins are like featherweigth in the winds.
What do you think about pumpgroups, is there any that is trustworthy and good ?
Since their inner core rips off part of their members, they have to continually attract new investors willing to participate. This looks like becoming more difficult. Earlier groups charged a membership fee (which they used as pump capital, of course!) just that has diminished from this "market". Now they do pump announcements for free...You dont invest in money you trade in money you invest in value. Real value.
Yeap my bad, thanks.
Quote
Insert Quote
Im just going by what I read on the forum.
But theres so many coins to check out it becomes
very time consuming. Ive just started paying
attention to some twitter accounts for some tips.
I find it better than wading through the forum.
Im just going by what I read on the forum.
But theres so many coins to check out it becomes
very time consuming. Ive just started paying
attention to some twitter accounts for some tips.
I find it better than wading through the forum.
I'm exacly like you but...
I'm new to this but I noticed that most of twitters are pure garbages too. They are mostly whales or dev that want you to buy their coin at high price.
They spam like hell all day long that X or Y coins are going to the moon, it really annoys me...
I think the best way to make profits are long term investments like CANN for example which is for me a really good coin and i'll stick to this. I just wanted to make profits on other coins to be able to buy more and more CANN, I trust this coin.
From now, I only invested in CANN and I fucking failed and didn't sell before the monstruous dump on 20/10 but anyway I still got my coins and I learnt something from it.
Now I'm watching everyday all these coins getting pumped all day long like TITcoins... How the fuck am i supposed to know such garbages are going to be pumped that hard ?
Advices from experts would be really nice and help us a lot !
Thanks anyway
I have a hard time choosing. Every time I buy something it turns into garbage one day later. Latest thing is philosphers stones.
Im just going by what I read on the forum.
But theres so many coins to check out it becomes
very time consuming. Ive just started paying
attention to some twitter accounts for some tips.
I find it better than wading through the forum.
But theres so many coins to check out it becomes
very time consuming. Ive just started paying
attention to some twitter accounts for some tips.
I find it better than wading through the forum.
You dont invest in money you trade in money you invest in value. Real value.
All the coins that are worth investing to have already been created.
Kay' thanks for your awnsers
What do you think about pumpgroups, is there any that is trustworthy and good ?
What do you think about pumpgroups, is there any that is trustworthy and good ?
Here are a couple topics I look at before investing:
1. Roadmap
2. Branding
3. Active devs or not?
4. Community
5. Price
1. Roadmap
2. Branding
3. Active devs or not?
4. Community
5. Price
Considering all of this, I should buy when I hear about coins with a small marketcap and when I know enough to affirm that the dev' is good and there are good news upcoming soon.
Then, I sell on news.
I heard few times : buy on predictions, sell on news. Do you often apply this, considering that it's not a scamcoin ?
Then, I sell on news.
I heard few times : buy on predictions, sell on news. Do you often apply this, considering that it's not a scamcoin ?
innie minnie mienny moe
You really shouldn't consider investing in coins not in Top 10 on coinmarketcap.com unless you want to gamble with an extremely high risk.
Thanks for all your awnsers, this is going to help me.
But now, let's take an actual topic : cannabisdarkcoin (CND). I didn't read anything about this coin and this is only an example.
When I went on Bittrex on the 26th october a CND was worth 800 sat. One day later, it was worth 2,6k sat.
How was I supposed to guess that ? This coin has an important volume, but I don't know what that really means... Does it mean that a lot of people are trading right now because the coin is popular and consequently that the price is about to moove anyway ?
Again, on bittrex when I click on the BTC-CND order book on the top, I can see a green and a violet part, both representing sells and buys of course. How should I read this ?
My problem here is now not the way to seek informations about the coin to decide how it's going to go but the things I have to read on charts and orders books... Could you help me on this ?
Thanks for everything
But now, let's take an actual topic : cannabisdarkcoin (CND). I didn't read anything about this coin and this is only an example.
When I went on Bittrex on the 26th october a CND was worth 800 sat. One day later, it was worth 2,6k sat.
How was I supposed to guess that ? This coin has an important volume, but I don't know what that really means... Does it mean that a lot of people are trading right now because the coin is popular and consequently that the price is about to moove anyway ?
Again, on bittrex when I click on the BTC-CND order book on the top, I can see a green and a violet part, both representing sells and buys of course. How should I read this ?
My problem here is now not the way to seek informations about the coin to decide how it's going to go but the things I have to read on charts and orders books... Could you help me on this ?
Thanks for everything
Mate, a lot of things in crytpo do not make much sense. Cannabisdarkcoin is a shitcoin, well what else can it be with a name like that anyway. The thing is that they are things going on behind the scenes, the manipulation of the vast majority of alts is going on by various groups or single whales. Although the manipulation tends to focus on the coins with low market cap such as the cannabis shitcoin you mentioned, it is much easier to control a $200 market cap coin, than a $20 million cap coin , or even $2 million coins, thus most manipulation happens with coins under 1 million market cap. There is nothing about intrinsic nature of the coin, or the reading graphs and charts, forget about it. The reality is much more distorted then one could imagine.
Jimmy Zed
Thanks for all your awnsers, this is going to help me.
But now, let's take an actual topic : cannabisdarkcoin (CND). I didn't read anything about this coin and this is only an example.
When I went on Bittrex on the 26th october a CND was worth 800 sat. One day later, it was worth 2,6k sat.
How was I supposed to guess that ? This coin has an important volume, but I don't know what that really means... Does it mean that a lot of people are trading right now because the coin is popular and consequently that the price is about to moove anyway ?
Again, on bittrex when I click on the BTC-CND order book on the top, I can see a green and a violet part, both representing sells and buys of course. How should I read this ?
My problem here is now not the way to seek informations about the coin to decide how it's going to go but the things I have to read on charts and orders books... Could you help me on this ?
Thanks for everything
But now, let's take an actual topic : cannabisdarkcoin (CND). I didn't read anything about this coin and this is only an example.
When I went on Bittrex on the 26th october a CND was worth 800 sat. One day later, it was worth 2,6k sat.
How was I supposed to guess that ? This coin has an important volume, but I don't know what that really means... Does it mean that a lot of people are trading right now because the coin is popular and consequently that the price is about to moove anyway ?
Again, on bittrex when I click on the BTC-CND order book on the top, I can see a green and a violet part, both representing sells and buys of course. How should I read this ?
My problem here is now not the way to seek informations about the coin to decide how it's going to go but the things I have to read on charts and orders books... Could you help me on this ?
Thanks for everything
1) at least 1-2 months of blockchain run;
2) development progress, regular commits to repository, features being implemented more or less on schedule not just talked about;
3) features that allow for unique use cases of the crypto;
2) development progress, regular commits to repository, features being implemented more or less on schedule not just talked about;
3) features that allow for unique use cases of the crypto;
First thing you have to do in this crypto world, is to isolate the genuine coins from the shitcoins. This is not an easy task as 99% of alts are either shitcoins or scamcoins. Then you look at the devs past record, you do more research on the coin itself, don't just focus on the flashy website and fancy graphics on the ann page. Do your own research or get the info from somebody who does know what is going on, or finally just keep your money in BTC and LTC.
Jimmy Zed
Jimmy Zed
Choose a money that actually wants itself to be used as money by people on a large scale.
Without adoption this whole sector might as well be just called alternate casinos.
One, three, five years down the road we'll see what projects still exist. It won't be many, but there will be some.
Without adoption this whole sector might as well be just called alternate casinos.
One, three, five years down the road we'll see what projects still exist. It won't be many, but there will be some.
As for the price, I generally use BitcoinWisdom until it is launched and after that I would mostly make it up as I go along providing I am satisfied that I know the coin well enough to predict where the majority of the movements are going to go.
Thanks, but precisly... How do you predict the majority of the movements are going to go ?
You mean the classic schema about the coin's price ? (New investors... First crash... etc ?)
Any sensible investor takes into consideration many factors including, cheapness or expensiveness of current price, the developers reputation and quality of their proposal and product, potential of any coin, long term proposal or just pump and dump (I won't judge cause both can make someone money) I personally look at the chart and see by gut reaction if it's a rising chart or not, volume is also important for various reasons, getting trapped in a low vol coin that looks attractive but isn't is bad news.....These are just some of the factors I'm sure people think about.
Jump to: