How Sure Are You That You Invested In A Right New Coin? - page 9.

adzino

copper member

Activity: 2968

Merit: 574

www.Crypto.Games: Multiple coins, multiple games

Quote from: plast555 on October 02, 2019, 11:33:15 AM

There are a few ways to understand that.

First of all, the project needs to be a working product. That product can provide a wallet, casino, privacy, stock market service. If the product actually has a functioning mechanism, it means that the product can be invested. Just creating a cool whitepaper and creating a visually good website doesn't mean that altcoin will be successful.

Product? You mean the coin right? Casino and stock market service? Lol lets not talk about the stock market service cause I have no clue what you are talking about over here. About the casino, why would a coin require a casino? I mean since when did casino become a requirement for a coin to be successful?
If the coin is popular enough, the current casinos will add them to their supported coin list if there is enough demand for playing with the coin.
Just having a functioning mechanism won't make the coin a successful one. Look at those clone shit coins.

Masyudhi

sr. member

Activity: 1008

Merit: 250

SmartFi - EARN, LEND & TRADE

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

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?

The existence of many scam reports of some new coins certainly makes me feel afraid to start investing in new coins and I personally before deciding to invest in new coins, preferring to ask for advice from some of my friends and then I will observe how the new coins correspond to observations that I do and then I will decide to invest in it or not, although sometimes we feel afraid if it is just a scam but in accordance with my observations, I am sure and whatever decision I take must have risks.

plast555

sr. member

Activity: 951

Merit: 259

There are a few ways to understand that.

First of all, the project needs to be a working product. That product can provide a wallet, casino, privacy, stock market service. If the product actually has a functioning mechanism, it means that the product can be invested. Just creating a cool whitepaper and creating a visually good website doesn't mean that altcoin will be successful.

mamesso

hero member

Activity: 2114

Merit: 740

Leading Crypto Sports Betting & Casino Platform

Quote from: lolgato1 on October 02, 2019, 06:35:15 AM

Investing into altcoins is a form of bet when you bet on something that will be useful and successful in the future. Thats all. It is pure speculation, we do not know if this is a dead end or not. Only time will answer this question.

That is why we must choose the right altcoin to invest, so you can get satisfying results. Most of the old Altcoin has a clear track record, and daily trading volume is very large. That is why the old altcoin is much more lyrics by the investors than the new altcoin.

Kersh768

sr. member

Activity: 658

Merit: 256

Freshdice.com

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

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?

Hard to tell, to be honest. The market itself became more complicated this year. Most of the projects are failing after their period which left investors nothing but loss. Determining if your investment is either right or wrong, I think, would seem to be impossible at this moment and it would be more advisable to just invest on cryptos which are already in the market for years already because these coins would have a higher chance to recover when pumps take over market downfall.

cybernetik7

sr. member

Activity: 560

Merit: 250

If the equivalent of the new project is another project older than that, I look at the differences that the new one brings. The team is very important! I do a detailed and deeply study on the linkedin profiles of the team

torpedo

full member

Activity: 270

Merit: 101

WE SCALE CRYPTO COMMUNITIES!

It is very hard to find good projects right now in the market since nowadays most projects turn out to be scams. Just look for the right project, do your research thoroughly, and then also do some market research to better help in your decision.

gunhell16

sr. member

Activity: 1666

Merit: 453

What i do now is i don't go to the project first, there is the new way to have them.
First, go to a reputable big exchange which do IEO.
From the list of their IEO projects, you can review them one by one and pick the best team and project doing the development and marketing.
That is the new way i find a new project token to invest for me.

badykvik

sr. member

Activity: 895

Merit: 250

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

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? - you will know when all of these or some of these points are happening to your coin.
Your coin continue to increase in value
The team gives regular updates and keep to it.
There is continuous development
More people are interested in buying or holding the coin
Real life usage.

sorrros

full member

Activity: 954

Merit: 104

ludenaprotocol.io

There are many factors you need to check to before you invest if you want a coin with a future:
1. active developers (github regularly updated)
2. active and big community
3. listed on big exchanges and high daily trading volume
4. own blockchain
5. diffrent use case
6. big partnerships

lolgato1

sr. member

Activity: 793

Merit: 250

Investing into altcoins is a form of bet when you bet on something that will be useful and successful in the future. Thats all. It is pure speculation, we do not know if this is a dead end or not. Only time will answer this question.

Arsenyo

sr. member

Activity: 728

Merit: 250

You can't be sure for 100% while investing in new altcoin, it's always a risk. But of course you can reduce a risk doing a complete market survey, investigating all possible aspects of a project, especially their team. I would prefer participate exactly in IEO at one of the major exchanges. Now it is the most secure variant.

ivakar

hero member

Activity: 756

Merit: 507

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

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?

use your luck, Luk!
otherwise looking how crazy the market now you should be a Superman or sort of..
just imagine the volume of information you have to check to be sure that this particular coin is something real and has value..
now imagine the numbers of coins already on the market and new coins out everyday..
imo it is near to impossible for one man to research it and make a right move
so just use your luck Cool

mrdeposit

hero member

Activity: 1358

Merit: 509

If there are many projects for investing in the altcoin and I doubt to choose the right project, I will go for the ICO rating websites for choosing the project. If the token is listed on various exchanges and I want to choose a promising altcoin, asking from the experienced investors will make things easier for me. The right coin usually leaves a nice return on the investment from my experience.

cutesgirl

sr. member

Activity: 938

Merit: 251

Optimist about 100% with investing in cryptocurrency bitcoin or altcoin, always like bitcoin and altcoin as my job and keep running investing until bitcoin less value but impossible, its my opinion interested with bitcoin, what about your opinion are you agree with bitcoin and altcoin investment.

adncoin

newbie

Activity: 37

Merit: 0

No person in his right mind would invest in any digital currency without doing his prior research. That is why you need to analyze the project’s whitepaper to understand the technologies involved, the number of listings, the roadmap, just to name a few. You also need to consult with crypto trading circles and credible news sites to gauge the potential profit of the new coin you are planning to invest in.

shaheer001

full member

Activity: 1274

Merit: 100

I will suggest don't risk to invest in new coins if you have spare fiat money then try to invest in top 10 coins listed on coinmarketcap and don't put all eggs in one basket.

tenakha

hero member

Activity: 1470

Merit: 509

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

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?

If you are talking about ICOs/IEOs, you should look at the IEOs in big exchanges. This is like the easiest way to find non scam projects.

But if your question is about the listed coins, just search the project thoroughly and if it is difficult for you to reach what you want in this way then you should improve yourself. Spend more time researching new projects and this will be better solution for you.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: judeafante on October 02, 2019, 03:08:31 AM

They are good in making promises in the ICO stage, it's still gambling you never know until they hit a good exchange ans they are getting good feed backs from their platform, in the current market condition, when even good coins are struggling you will only know the potential of the new coin you're holding when the market is in good condition, this is the time that investors are in a buying spree.

They will make sure people believe in their projects, and they will do anything to invite many of them. That will be not good for the investors as they cannot see if they can make a profit or not. I think it's better we search for a safe place for the investment and I think we could only choose bitcoin for the investment because investing in bitcoin will give the most profit. Although bitcoin prices cannot be predictable, in the end, bitcoin prices will be increased so high, so that means, we can make a bigger profit.

pandanaran

full member

Activity: 1048

Merit: 101

the current market situation is affecting every cryptoqurrency price including new coins. not that I don't believe in new altcoin, but we also know that lately there are many new coins that have a good road map but do not have a sale price and even feel like dead. and for the time being I don't want to risk new altcoins, I prefer the top altcoins that are already listed on the cmc market list.

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