Topic: How to find a profitable alt coin? - page 2. (Read 2854 times)
before buying altcoin right, you should seek information about altcoin it. so many ways to search on the altcoin information from the official site, up in the forum is also very much to provide information about it. apart from that you also need to look at the volume of altcoin it, if indeed the large volume and in accordance with the information you get I think it would be very meguntungkan altcoin. if the price drops, maybe you'd better buy it, because if it is altcoin good, you can get a profit from it
This is hard for me too. It seems that when a new coin is introduced to an exchange, sometimes the price spikes high for a couple of days and then drops way down and never goes back up. There are very few that stick around. I think the best thing for me is to wait until there is some positive press about a particular altcoin before I put money into it.
Finding profitable coin really is very hard to find since their are so many alts existing today, but really for my choice i select those old alt with stable price and flactuating frequently so i can make sure that i can monitor the flows and i will not be left behind if i am away, and for those new coins i reaIly doubt to buy and hold it for many days since high possibilities for new coins are easy to dump since many devs make some coins just intended for scam purposes only.
When you look for an altcoin, you should look for the one that offers you more advantage features to carry out with better proficiency your transactions. Looking for a"profitable " altcoin is a clear sign that you are not actually looking for efficient features, but for emergent opportunities to pump and dump.
This is hard for me too. It seems that when a new coin is introduced to an exchange, sometimes the price spikes high for a couple of days and then drops way down and never goes back up. There are very few that stick around. I think the best thing for me is to wait until there is some positive press about a particular altcoin before I put money into it.
Definitely projects and road map are two of the best components or features that a coin should have for it to succeed,some coins are created only for pump and dump they did not implement their roadmap because they cannot really implement or launch it..
Roadmap and the fact if the developers are known, addresses, reputation etc. it gives you a way that he or she is not dark.
Dark developers (no info about them) are a guarantee for a scam to happen.
Definitely projects and road map are two of the best components or features that a coin should have for it to succeed,some coins are created only for pump and dump they did not implement their roadmap because they cannot really implement or launch it..
look altcoin which has good prospects. see the blue print of the developer coin. how their vision and mission. how the coin market works. and how the coin will be released. if it saw a good prospect that we could invest in the altcoin.
Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
Actually it hard to know what coin is profitable you will learn it by yourself find a good coin, the many mistakes you do that the moment that you really learn need to know if the dev is active and many plans for their own coin.The only thing i do in yobit about new coins are buy at the very first release and trade it when it sudden price up because the coins listed their and untrustable because any time it could be dump and die since yobit accept scam coin thats why i dont do really any hodling the new comes listed in their, and one thing we must consider to know if the coin could have high potential to be profitable in the long is when devs are active and have many projects to made to lift up and also made many advertisement just to make his coin to be known just like Draco for example.
Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
Actually it hard to know what coin is profitable you will learn it by yourself find a good coin, the many mistakes you do that the moment that you really learn need to know if the dev is active and many plans for their own coin. A few days ago I have saw LetItRide coin on this forum and bought some coins of them at that time the price of it was 0.000012 BTC , the price was much lower so I invested a few bits in them and today I saw that the price reached to 0.00001945 BTC, with that I am thinking to invest some more coins in that coin. I think you should have to try this with some of your bits.
Well for now it is good to invest but i dont think if this altcoin will be live in long life they are starting to promote this altcoin and they are promoting it via signature campaign in services section.. we will wait for few days we will see the result of the campaign.. You are right, they should have to promote their coin for longer if they want its success for longer, just like Yobit, there are a lot of users on Yobit but they do nt stop their promotion and their advertisement through signature campaigns as they know if they stopped it people will be then less interested in their website and they will crash to nothing.
Yes i see in yobit LIR has good volume now it is almost increased to 2204sats, based on this we can predict it may increase to more in near future definately.
Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
Check the charts, it's all there for you to see. Study the price fluctuation of an altcoin for a period of time to see how stable it is and do not hold your altcoin for long unless you see a steady rise in price.
for me, I always chose 10 coins with the largest volume, because I think it is a good coin, and means that people are very interested in the coin.
you are right. the way that I use is always choose a coin with a large volume. because I am pretty sure that if the coin falls, surely the price will go back up again, as eth. so many advantages that can get when we can seize the opportunity, because I know so many have benefited because ETH 
For me, what I did was to first educate myself, no the basis of trading and from what I learnt the most important thing is discipline you must know when to get in and out. I followed some trades for some time and this make me understand human psychology when it comes to trading altcoins and the most important way to get altcoins with big move potential is research can't always be right but the information you have will help your decision making.
The best way to see if an Altcoin is profitable or not is the price is volatile. Meaning every day it goes up, or goes down a little bit. You can earn Altcoin if you always look for the price and hear the predictions of some investors. If you always monitor the price of a specific Cryptocurrency, then you will know when will it rise and when will it fall. You will know if an Altcoin is profitable or not. If an Altcoin dumped or not.
for me, I always chose 10 coins with the largest volume, because I think it is a good coin, and means that people are very interested in the coin.
for me profitable coin has a low volume and the selling order volume is proportional to its buying volume. a lot of new coins today has a billion coin volume. hahaha. i suggest the dash coin. its the alt coin for me.
Nowadays letitride is going better and I am seeing that it is available at much cheaper price and its value is increasing much faster , in the last 10 days its value increased about 95%, and people are buying a large number of LIR with each passing minute on the exchange
Yeah LIR is going to strong path now and ive holding my beloved coin yet i got big profit for todays LIR price and planning to hold it for many days who nows it will pump upto 5k sats and get lots of profits with LIR coins,
Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
i don't know if this is good idea or not, but ussually before i'm buying alt coins, i'm just buy alt coins which already had been long time in trading site (poloenix), and when the price down, i'll buy againyou can actually trade it a little bit,without big risk usually.
But in my opinion,better is to try getting some really fresh one alt,and invest some money into it,and hope for a big growth
How come you tell to people trading without risk? Even new coins might risky if you dont do background check upon buying, coin devs have different agenda for their coin and you might buy new scam coin if you do lame buying, but really men i dont usually buy coins because it is new, i really buy coins because i know that this coin have promising future and dev have many project so his coin will be lifted up and so by that i can make sure that the coin i will buy is safe to trade or to hold.
Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
i don't know if this is good idea or not, but ussually before i'm buying alt coins, i'm just buy alt coins which already had been long time in trading site (poloenix), and when the price down, i'll buy againyou can actually trade it a little bit,without big risk usually.
But in my opinion,better is to try getting some really fresh one alt,and invest some money into it,and hope for a big growth
Nowadays letitride is going better and I am seeing that it is available at much cheaper price and its value is increasing much faster , in the last 10 days its value increased about 95%, and people are buying a large number of LIR with each passing minute on the exchange
It is hard to predict which coin will get a big pump but it is quite easy to find out alts that have potential in future. Just for an example lisk, steem, eth, waves are few of the examples that are still in development and offer new things which could have real life use in future.
Just select the coins looking at the how active dev team are, what new thing they offering rather than another shit coin and also could that feature have any possbile real life use or not in future. Finding alts that get pumped over night due to some bulls and dev team themeselves is quite hard without knowing any whales personally.
Just select the coins looking at the how active dev team are, what new thing they offering rather than another shit coin and also could that feature have any possbile real life use or not in future. Finding alts that get pumped over night due to some bulls and dev team themeselves is quite hard without knowing any whales personally.
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