Topic: How Sure Are You That You Invested In A Right New Coin? - page 8. (Read 1807 times)
As a hunter, the first thing I looked out for is the updfate I got from the project team social media handle for fast and reliable update. I have been a hunter from 2017 and have not regretted my actions and being a hunter and an investor. We have seen many project which have some listed criteria but still end in scam.
You need to follow them on Github and social media platforms to check if they are alive. Because most of these projects are alive for few months after a token sale and then they decide to stop communicating and working on the project - they have enough money, they don´t need more.
I have the projects I have supported in promoting bounty campaigns are the right coins but after several months of learning that they were still not listed in the exchange, I'm already doubting myself whether I really have read their whitepaper correctly. Its not like what developers did in the past that they are showing great deal of efforts to provide transparency to their supporters.
In fact, you can never be sure. Even bitcoin's value could be $0 tomorrow. But it will never happen.it's a fact.
One of the most important things to look at before investing in a project is the maximum supply of the project. It is conceivable that the price of projects with less than 100m maximum supply will come in better places. If you have a project with billions of dollars in supply, it's not common for that project to be worth$ 10,$ 20.
But you can easily invest in projects with 100 million and less in supply.
Of course, it's just a condition. You have to check out their team, whitepaper and other social media accounts to understand how good the project is. There are also different factors, such as which exchanges the project is listed on and how much volume it has.
One of the most important things to look at before investing in a project is the maximum supply of the project. It is conceivable that the price of projects with less than 100m maximum supply will come in better places. If you have a project with billions of dollars in supply, it's not common for that project to be worth$ 10,$ 20.
But you can easily invest in projects with 100 million and less in supply.
Of course, it's just a condition. You have to check out their team, whitepaper and other social media accounts to understand how good the project is. There are also different factors, such as which exchanges the project is listed on and how much volume it has.
Well, for altcoins I guess they can have zero value but for BTC, it would be unthinkable for me unless what they say about Quantun Computers are right.
There's no knowing which project invested on is right or wrong. An investor only has to do their research invest and hope it goes well at the end. If there's huge promotion with little promise that's a huge sign of good investment projects with huge promises don't always deliver half of such promises.
It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
You are never going to be sure that you invested in the right coin, the only thing you can do is to do your due diligence on the project and the developers and if things turn out to be in order then you can consider the merits of the project in question, but even after all of that a project could still fail since there so many variables that are impossible to consider, for example you do not know how the community will react to the project or what will be the conditions of the market when the coin is launched, as such you should never invest all your capital in a single coin. How Sure Are You That You Invested In A Right New Coin?
In fact, you can never be sure. Even bitcoin's value could be $0 tomorrow. But it will never happen.it's a fact.
One of the most important things to look at before investing in a project is the maximum supply of the project. It is conceivable that the price of projects with less than 100m maximum supply will come in better places. If you have a project with billions of dollars in supply, it's not common for that project to be worth$ 10,$ 20.
But you can easily invest in projects with 100 million and less in supply.
Of course, it's just a condition. You have to check out their team, whitepaper and other social media accounts to understand how good the project is. There are also different factors, such as which exchanges the project is listed on and how much volume it has.
One of the most important things to look at before investing in a project is the maximum supply of the project. It is conceivable that the price of projects with less than 100m maximum supply will come in better places. If you have a project with billions of dollars in supply, it's not common for that project to be worth$ 10,$ 20.
But you can easily invest in projects with 100 million and less in supply.
Of course, it's just a condition. You have to check out their team, whitepaper and other social media accounts to understand how good the project is. There are also different factors, such as which exchanges the project is listed on and how much volume it has.
I only invested with well established and reputable coins. I have learned from my lesson a few years back when I invested with a shitcoin. After that incident, I have learned to be skeptical about picking a coin to invest. I would prefer to invest with top coins to make sure that I would have an assurance of gaining a good profit in the future. I'm a risk-taker but I know when and where to take the risk.
I made a big mistake last time and that's why I ensure that the coins that I bought will go up. I've spent a lot of time and effort in trading that's why it makes me a better trader where I can now make good decisions.
There is no coin that really has much guarantee on them, except bitcoin and the first 10 coins that this coinmarketcap listed, both trading and investment. There are lots of altcoins that started well at the beginning, but has given up along the line, so a coin may be performing well for the first 6 months and maybe extend to one year, but once it gets to a stage where they are having more of people dumping their coin than using it, they tend to fold up easily. So, no matter the assurance that you think you have for a coin, their lifespan usually does not extend more than just 1 year, the only project that I have seen that have lasted for long and which I know will last more are still those coins that are top coins sitting on an exchange or CMC.
I personally now prefer to invest with old coins or coins that have been listed in the top 10 CMC markets to minimize losses, investing with new coins is very risky especially many fraudulent projects everywhere. I prefer to be safe.
For me, the best way to find a good project is to stumble on their Bounty campaign. As I make researches before joining Bounty, I would mark the project if I am interested in making investment in it.
Going through the bounty campaign will waste the time and effort if the bounty managers ruin the reputation of the project by applying the unnecessary additional rules. Before investing, checking the media coverage and the partnerships can give an idea of how well the team prepared for future connections with projects in different spheres. Reading the whitepaper is not important, the article contributors can change the look of the main roadmap with simple writing tricks. 
It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
How Sure Are You That You Invested In A Right New Coin?
There is no guarantee in every investment but you can at least lessen the risk of your investment if you know what you are investing and you have enough knowledge about the project especially their team members, partners, whitepaper and etc.
The project team members will surely do their best to gather some huge investors therefore they will surely focus in making a huge promotion to their project as it is the basic strategy in every newly launch project. Let the investors know that you are there because if you can't then you cannot get a single investor to your project.
Nobody is a prophet and can predict the price movements, especially on crypto market. But the great thing is that you can analyse any coin and make a sort of report for you how good this coin actually is. At the end, even a well thought decision has a lot of risks.
In my opinion, it is hard for you to invest with new money because it is looking for capital to develop, but nothing is impossible. You survey the market, looking for information about the project, team members, features of money. Which group member is most important, to check you can text or talk to them. Personally, I prefer safety over risk, I prefer trading with coins that have been listed and have a high reputation.
Right now, it is really hard to decide whether you invested good or not. Since the market right now is unstable. I'm very confident in investing when bull run hits since it's bull, that's the time where cryptocurrency goes crazy. Everything goes up. But, I don't know about you, but I am always confident when I'm investing with bitcoin. I mean I got a lot of profits out of that coin.
It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
I made a big mistake last time and that's why I ensure that the coins that I bought will go up. I've spent a lot of time and effort in trading that's why it makes me a better trader where I can now make good decisions. How Sure Are You That You Invested In A Right New Coin?
Before investing I have ask for many telegram crypto channel and discuss with my friend about this coin profitable or not before investing, although have I check more about how their team develop an ICO and how much coin sold, most important how according road map with their coins and how transparent about coins sold so far.
It truly relies upon what your objective and vision is as an investor. You'll know whether you invested in the correct coin in the event that they line up with what you needed, regardless of whether it be for a brisk reward or for the innovation itself. I would state that crypto/blockchain is still in its beginning times and I'm completely strong of projects that can help spread adoption, having a digital currency as a reward to steadfast customers will open their inquisitive personalities and see what they're getting as motivators. Any little thing that will help selection is certainly key, particularly in zones where crypto isn't yet that generally known/acknowledged.
It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
It is true, the many reports about scam projects make us hesitate to invest in new coins and will have more to wait for or will prefer to invest in the top coins. I think everything returns to each of us, if we want to invest with a small capital into a new coin, of course it takes a really careful observation so that the investments we make do not fail. So, I think when we decide to do something, we certainly already know what risks or possibilities are what can happen later and we must be prepared with all the risks that exist.How Sure Are You That You Invested In A Right New Coin?
You should always remember that investing in a new coin or any coin has it's own risk so you must only invest that you can afford to lose because nowadays it is really hard to know what coin will give you more profit even if you do your own research, just stay away from a coin that only got hype but no actual solid plan for future development.
I don't care about a project's promotion or hype. I do care only about a project's partners, their previous history, and media coverage! Any project can write a catchy whitepaper by spending 200-300 bucks! So, the whitepaper is also in my don't care list! If a project has verified potential partners and if they offer a unique technology then I will go for that. Like the Elrond project, I liked it before it gets approved by the Binance IEO! So, I hope I know where I am investing! Everyone should research carefully
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