How much time do you spend reasearching your prospective coin buys? - page 3.

morozo

member

Activity: 106

Merit: 15

Your Gate to Decentralized Internet

Quote from: Olano on May 05, 2018, 01:53:29 PM

Quote from: coremind on May 01, 2018, 02:15:23 PM

As a buyer i send a lot of time sifting through a bunch of different medium (forums,websites,discord,telegram,whitepapers,social media) looking at my next buy.Im curious on how much time others spend on research?

I almost do not waste time before buying. And I invest only for a long time. In bitcoin and in cryptocurrencies from the top 20 by capitalization. I am sure that the price of all these coins will grow in the long term. All this allows me not to spend much time analyzing the market.

I don‘t think the time is wasted, better waste time than your money. Any crypto in the top 20 could be loosing popularity quickly. 6 months ago Dash was on 4th place I believe, it has declined very quicky and other similiar coins like Verge gained much more polulsrity.

Arcoin1

newbie

Activity: 196

Merit: 0

It takes a lot of work to buy potential money. You should spend hours at the computer to do good research and buy the right tokens. You have to work hard to make a lot of money.

Herp-a-derp

sr. member

Activity: 630

Merit: 250

It is always necessary to alternate the receipt of new information with actions. Do not sink in the information noise

Na1l

newbie

Activity: 142

Merit: 0

Sometimes it happens really fast, if someone whose opinion i really respect advice something

Olano

newbie

Activity: 115

Merit: 0

Quote from: coremind on May 01, 2018, 02:15:23 PM

As a buyer i send a lot of time sifting through a bunch of different medium (forums,websites,discord,telegram,whitepapers,social media) looking at my next buy.Im curious on how much time others spend on research?

I almost do not waste time before buying. And I invest only for a long time. In bitcoin and in cryptocurrencies from the top 20 by capitalization. I am sure that the price of all these coins will grow in the long term. All this allows me not to spend much time analyzing the market.

swissgang

full member

Activity: 462

Merit: 100

Once I am sure about a coin and invested in it like oax, I almost spend no time on social media, news websites etc to follow the recent news about the coin, before investing I probably spend few days/weeks researching coin.

Neymar10

sr. member

Activity: 588

Merit: 250

Quote from: coremind on May 01, 2018, 02:15:23 PM

As a buyer i send a lot of time sifting through a bunch of different medium (forums,websites,discord,telegram,whitepapers,social media) looking at my next buy.Im curious on how much time others spend on research?

Personally, I do not spend much time on studying the coins that are already on the market, I just analyze the work and look at the news. But ICO I'm learning a long time. Probably several days I analyze projects on various resources

DarkBullet

member

Activity: 336

Merit: 55

I've been dealing my business in cryptocurrency for a year now and it only takes me an hour to dig further research about the platform I'm interested in to invest. I might say that it is still depends on how old this platform is since reading technical charts are also a big help when trading those for a profit. I have some altcoins that I am planning to hold for long term but I set a price when to sell those to minimize the risk and big regrets.

kirstiemorton23

jr. member

Activity: 280

Merit: 1

I spent 1-2 hours observing and analyzing websites, whitepapers, road maps, and even an ICO telegram, sometimes I spend more time when I have more free time.

morozo

member

Activity: 106

Merit: 15

Your Gate to Decentralized Internet

I would say that 80% of my time I do research, and the remaining 20% I spend on trading. It's in line with the Pareto principle.

totnaksquad

member

Activity: 182

Merit: 10

Revolutionising Marketing and Loyalty

An hour or two but it is depends on an ICO or coin that i am reviewing ,if theres a lot of informations available that is much easier for me to conclude if the coin or project would be a good investments,and most of the time i am doing researching to find these potential projects/coins which si why it is easier for me to review these coins.

jackolinyoko

member

Activity: 204

Merit: 10

I am spending an average 3-4 hours or more depending on the severenity of the informations that i have found in google,i am checking all of the possible things that might be a good or bad reason why i should/shouldnt invest.The team members,the concept of the whole project,the roadmap etc should e considered first.

mariangpalad

member

Activity: 196

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Quote from: coremind on May 01, 2018, 02:15:23 PM

As a buyer i send a lot of time sifting through a bunch of different medium (forums,websites,discord,telegram,whitepapers,social media) looking at my next buy.Im curious on how much time others spend on research?

Depends on the ICO/coin which i am reviewing,if theres no much information about the project/ or the people behind the project it is probably going to take few hours so i can identift a single project if it is going to be another scam project.Our investments shouldnt be based to these ICO rating sites and reviews because these websites are mostly getting paid to these scammers,rely to your own researching instead.

Huawei8877

full member

Activity: 266

Merit: 100

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

Mostly I watch forums and telegram channels, there I find all the news I need about my investments

mynamehere

full member

Activity: 574

Merit: 100

Yes, a relatively holistic picture of the new coin will be in 3-4 hours. But I'm not in a hurry. To leave no doubt, I postpone the decision to invest for a while and before investing the day I look, whether there is any more additional information confirming or refuting my assumptions.

Emmy92

jr. member

Activity: 837

Merit: 1

The hours spent depends on the medium or channels you are using. And also how good and unique the project is. I personally takes more than two-three hours researching, and I use all channels available..

coremind

newbie

Activity: 23

Merit: 1

Honestly , i forgot about github, even if you're an amateur (like me) you can still find a lot a valuable info. You can find who is working on the code,how often they are working on it,connections to prior project(successful or not), any current problems as well as the coding team size.

AiwonOleh

full member

Activity: 336

Merit: 100

Buying a new coin or a token is a very long and boring thing, I also read a lot of forum forums and other sources at first to make a picture of this product and only then make a choice.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: coremind on May 01, 2018, 02:15:23 PM

Im curious on how much time others spend on research?

Research doesn't really need any limitation on how much amount of time you have to spend.
As long as you are not contented with your gathered information then you have to keep on moving forward. Research never stops to any prospect coin that you potentially want to buy.
And that's how you decide if you want to hold it for long term or short term.

SuperP

sr. member

Activity: 658

Merit: 250

I am engaged in long-term investments so I have a rational plan for the next 5 years about the crypto currency market but the market is very unstable so I monitor different sources (forums, telegram channels, crypto web sites) every day for about 3hours per day.

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