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Topic: How to Invest (Read 1013 times)

full member
Activity: 658
Merit: 100
August 09, 2020, 03:21:03 AM
#66
the points that you mentioned are very decisive in a project that will be successful and promising, I hope this can serve as a guide for newcomer investors in the world of cryptocurrency.
full member
Activity: 616
Merit: 102
August 09, 2020, 01:55:43 AM
#65
I myself am more interested in investing in coins with clear quality like top coins today, for a new project I am still traumatized in 2018 where almost all of my assets were depleted.
sr. member
Activity: 1596
Merit: 335
August 09, 2020, 01:14:41 AM
#64
Just to make it short, doing your own research before investing is the most important thing to do. This involves reading and understanding the whitepaper, checking the legitimacy of the team, checking if the product has a real use-case, team's marketing strategy, and a lot more. To lessen the risk of investing to scam or trash project you must do this thing with diligence.
full member
Activity: 1274
Merit: 100
August 09, 2020, 12:05:12 AM
#63
Thanks for the post very good info especially for beginners and you almost covered all the points which are needed before trading in any stat of the market. I want to add one thing that always takes the risk if you don't take a risk you lose the chance.
sr. member
Activity: 1876
Merit: 318
August 08, 2020, 05:36:21 PM
#62
Many people fail to make a profit when investing because they forget some basic rules. 3 basic rules mentioned in the opening post
very good thing to do if you want to succeed in the investment world. The key investment is in products, teams and history.These three
things can help find good projects for investment.
jr. member
Activity: 119
Merit: 2
August 08, 2020, 05:24:20 PM
#61
 I would say in addition to all the  good steps you have listed out , every investors should invest only an about they are comfortable to lose incase of the unexpected . also,  do not invest every of your capital in one crypto project .
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
June 12, 2020, 11:16:41 PM
#60
Investment is not easy, there have a lot of risk to loss your money. So should more research where investors want to invest. Project product  project team and their roadmap is very important for a investor.  I can not agree your third options. i think previous history is not help a investors.
yup! it is true.
indeed investing is not as easy as it says, it takes a lot of material preparation and also requires mental preparation.
because as you said there is a lot of risk of losing money there.

for the third option the OP said, i think it could have helped a little. we have to check all possibilities, if their history is very good, it doesn't matter if we put their project in the list of projects that we will invest in.
examine the history and also plan for the future. when their history is good in the market but bad news will destroy their market in the future. planning with future updates should we consider in choosing our investment project.
full member
Activity: 910
Merit: 100
June 12, 2020, 11:10:39 PM
#59
Investment is not easy, there have a lot of risk to loss your money. So should more research where investors want to invest. Project product  project team and their roadmap is very important for a investor.  I can not agree your third options. i think previous history is not help a investors.
yup! it is true.
indeed investing is not as easy as it says, it takes a lot of material preparation and also requires mental preparation.
because as you said there is a lot of risk of losing money there.

for the third option the OP said, i think it could have helped a little. we have to check all possibilities, if their history is very good, it doesn't matter if we put their project in the list of projects that we will invest in.
hero member
Activity: 3010
Merit: 629
June 12, 2020, 05:24:35 PM
#58
Before investing we need to do an extensive research about the things to look for, just like what op stated. But we need to dig deeper to determine if the project they are proposing is true, scammers are smart as well to make a project with a convincing roadmap and white paper. So make sure to do your part as an investor/hunter to be careful and not greedy to earn huge and quick in a short time frame because its likely a scam.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
June 12, 2020, 05:01:06 PM
#57
These 3 steps which you have shared is also important while investing, that doesn't mean 3 steps are enough for investing, but it is just part of the learning of investing. We should make these things before deciding to invest in any project. However, it is so important to know everything about the project, which you want to invest in. There are a lot of ways to learn to invest, as you above mentioned some of them learn from their own mistakes, but the forum is also good way to learn from other's experiences.
full member
Activity: 1498
Merit: 146
June 12, 2020, 04:47:09 PM
#56
Invest where you have less risk to lose your capital, don't look for more profits because it always leads to more risky way even you will lose completely.Investing on a new project will come under that category only so decide yourself that you are willing to lose your money.
jr. member
Activity: 392
Merit: 2
June 12, 2020, 02:37:55 PM
#55
The biggest question in my opinion how to invest? if you want study, you need to invest there. you want business, then you need to invest For example. In each case the term investment is involved. But the fact is, Where do you invest, what do you invest in, where do you invest, How much to invest, How much do you benefit, and how much do you benefit? Now in my opinion it is the most appropriate to invest in trading side.
member
Activity: 145
Merit: 10
May 06, 2020, 03:27:17 PM
#54
What to do before the investment, well learn some knowledge about what are you going to invest . Verify the achievement, skills, background of the project , most very quick thing to do. Learn from different projects nature of the market  project this analysis can change the game . Team is also a important than product, Because of a good team you can manage the  product but good product can not successful without good team indeed .
member
Activity: 690
Merit: 12
There are consequences for every action
April 27, 2020, 06:16:35 AM
#53
I think there are several strategies to investing and you should figure out the one that suits you well.
Studying project team, product is a good start.

But importantly, before investing, you must find the right time to get in -(buy) and the right time to take profits.
Always dyor
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
April 27, 2020, 06:10:37 AM
#52
Since when I was almost a years into the world of cryptocurrency these are the things you can do to make an investment.

1. Gain knowledge - Today most of the users are just buying cryptocurrency in a wrong time this may cause of loss of your funds also you can use the basic technique for investment this is the buy low, sell high. If you already gained knowledge better to buy coins.

2. Find some cryptocurrency exchange so you can buy a lot of cryptocurrencies but always make sure you find your trusted and reliable exchange.
Here we have.. or you can visit this thread List of Decentralized/Centralized Exchanges

BitMex
Bitfinex
Coinbase
Binance
KuCoin
Huobi Pro
Bittrex


If you already have some coins one of the best things you do next is getting a good and trustable wallet. It is not appropriate if you are storing your funds into exchange because we cannot tell what are the things happen next to the exchanges it is better to secure your funds than getting too much confidence and lose your income.

3. Get cryptocurrency wallet - this time you can make sure that all of your funds are already safe because of the wallets you choose. You can visit this thread to find more wallets Top 10 Best Cryptocurrency Wallets

Coinbase Wallet
Exodus Wallet
Trezor Wallet
Electrum Wallet


member
Activity: 153
Merit: 10
April 27, 2020, 05:14:44 AM
#51
There are many ways to invest in crypto currency but, before investing you have to know how you have to invest your money and where you will invest it because if you are not aware about where you are investing your money then you might lose it and regret the decision of investing it. You should be aware of the money where is it going.
member
Activity: 938
Merit: 11
April 24, 2020, 12:32:13 PM
#50
Investment is not easy, there have a lot of risk to loss your money. So should more research where investors want to invest. Project product  project team and their roadmap is very important for a investor.  I can not agree your third options. i think previous history is not help a investors.
sr. member
Activity: 518
Merit: 256
Living the truth....
April 24, 2020, 12:07:55 PM
#49
I prefer to invest in already established coins rather than new projects, especially the top 10 coins. And it is better to buy the coin when its very low, because you are very likely to make profit whenever there is a pump.
It is a safe investment option in this market. You will never lose too much if you invest in the top altcoins in this market. But you also won't have too much profit when the pump arrives, so you need to choose altcoins outside the top 10 to increase your chances of making a profit.
sr. member
Activity: 1148
Merit: 251
April 24, 2020, 11:37:15 AM
#48
For sure different people are looking for the different informartion and to those details they got is we have different opinion too so in how  people invest is depends on what they are looking or they have requirements or list where rhey did invest or when it invest their money all of us is it's up to you.
Somehow you have a point, people have its own perspectives on how to invest in crypto. Above mentions key points could give a lead to people on which is the most important factor on what to invest. Also agreed, it is still on a person on how we manage our own investment and always do the research before putting money in crypto.
hero member
Activity: 1834
Merit: 523
April 24, 2020, 05:30:36 AM
#47
For sure different people are looking for the different informartion and to those details they got is we have different opinion too so in how  people invest is depends on what they are looking or they have requirements or list where rhey did invest or when it invest their money all of us is it's up to you.
full member
Activity: 925
Merit: 100
April 24, 2020, 05:28:01 AM
#46
Since beginning of Cryptocurrency We and other our senior fellows experienced all type of Market behaviors. Where people learnt a lot, some learn by lost their asset and a few was survived by done wise decisions and make reasonable profit.

But during this journey it was a tough to handle during dead market, where you are not in a position weather you hold coins or shows bravery by selling them. But this is confirm patience always pay back. Here is i suggest a few tips to avoid any regret latter.

Here is various types of investments like a few peoples are looking for Long term investment, and other are interested for shorter term. But in all scenario basic concept are remain same. I am mentioning A few basic points in following list:

Project Product
This is the key point of any business, If any project have a great idea this will cover many flaws but if your business product will be ordinary than it will be very tough to make a successful business. So when you hunt a project for investment you should concern about it.

Project Team
After product importance for a business the second important point is team of the platform, which can do anything with their hard working and capability the have. As per the suggestion i recommend you to be informed about TEAM before you select any coin for invest.

Previous History
Specially in trading market we are knew about how important is trading history chart, Which is our basic tool for estimating where is coin and wha was its milestone . Finally after considering above stated both points you could not skip trading chart studing before selection of coin which you desired to add your portfolio .


I think if you will consider my suggestion which i break in three points and then you decide your next move, I can assure you this will not lead you to a dead end, But if you will be patient and trust your decision you will not Regret ever.  

Finally i am requesting to my seniors or any single one point out or add point for make its more fool proof plan for any investor in the WORLD.
 

This is adequately arranged such that even a newbie can get a good standing on investing on any project. I agree with you, the first thing that matters is the idea within the project or the project product, how unique, good and workable the product is will determine how far the project will go, it also exposes how experienced the team is. Another thing I want to add is the type of engagement that goes on within the community, it matters as well because it shows if the community is supportive or not.
member
Activity: 264
Merit: 11
April 24, 2020, 04:51:32 AM
#45
I prefer to invest in already established coins rather than new projects, especially the top 10 coins. And it is better to buy the coin when its very low, because you are very likely to make profit whenever there is a pump.
sr. member
Activity: 882
Merit: 253
April 24, 2020, 01:15:21 AM
#44
It's the major points in considering and starting to invest. People must find a way to educate themselves and not all the time people they know will give them they want. It's all up to us to research about the project and team behind it. Some people are no longer invest because of lack of personal background about crypto which the reason why they give up. For short term investment use Technical but for long-term it's better to use both fundamental and technical analysis.
sr. member
Activity: 854
Merit: 253
l0tt0.com
April 24, 2020, 12:55:56 AM
#43
I was also an investor in 2017, I was quite successful because most alts pumped very hard. At that time, my investment mind was to invest in technology and want to hold it for long. but 2018 made me lose everything and now I realize, there is no technology or product to make the project better. It all depends on the crowd and how the project team leads their community. Therefore, I only invest in teams that have good project planning and fomo ability. Those are really good projects to invest in, like Egretia. It looks a lot like a scam but I like it because I am profitable.
jr. member
Activity: 60
Merit: 1
April 24, 2020, 12:21:39 AM
#42
This is good but there will be some time that it will fail. Sometimes even with enough research you still can't tell what will happen later. Your research will give you confidence to take the risk and that should be what you can afford to lose.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 24, 2020, 12:08:12 AM
#41
I don't agree with your third point. We may miss a good and potential startup up we ignore new project. If we invest in a good startup the profit we receive will much bigger than an old project. It's  the truth in both crypto market and in real life. Smart investors prefer new good project than old project.
How can we know if the new project is better than the old project? while the old project has been developed first, in this case I think investors will also consider it, it's up to you whether you want to agree or not on the third point, because everyone has their own assessment for themselves.
hero member
Activity: 2632
Merit: 833
April 23, 2020, 11:06:12 PM
#40
I think we have seen so much advices here in the community.But t he problem is that there are too many gullible individuals in the crypto sphere who will just blindly trust and invest all their hard earn money just because they heard it from a friend or some influencer they follow shills for that project. And without doing any research, boom, invest here and there and then they blame the ecosystem itself for failing them.

If they only knew that investments in the last couple of years have been very hard because there's a lot of scam or failed projects. If I'm a new investors, I will first learn and educate myself first. Yes probably doing some research of my own before risking my money, just saying.
copper member
Activity: 406
Merit: 1
April 23, 2020, 10:47:38 PM
#39
I don't agree with your third point. We may miss a good and potential startup up we ignore new project. If we invest in a good startup the profit we receive will much bigger than an old project. It's  the truth in both crypto market and in real life. Smart investors prefer new good project than old project.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
April 23, 2020, 08:10:37 PM
#38
I think OP has done a great job giving the major points that are supposed to be looked at before investing but I would get into details a bit. Don't just look at the use case of the project but consider how feasible it is to be implemented and is it directed at solving a solution in our daily lives? Or else once it's launched it becomes useless.
Furthermore, you should also look at how the team executes their operations and make sure they are always transparent with their announcements. If you ever smell something fishy leave the project before it tanks on you.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
April 23, 2020, 12:58:38 PM
#37
Personally, in my list of factors, the product always comes first.
The product must be finished and must be working; it must also be directly related to real life so that it can have a full development along with the technologies of the future and the present.
In second place is history, all those decisions and achievements that are on the account of the project team.

not always if the project is connected with real life it will be good. you need to correctly determine whether blockchain is needed in this area or not. even if a blockchain is needed, this does not mean that they need to create their own token or coin.
member
Activity: 125
Merit: 10
April 23, 2020, 12:31:18 PM
#36
 I always do background checking and research on my own so that information are being gathered by my own for me to be able to educate myself about a certain project before deciding to get into investing with in it. Investing in new projects requires research like that, products, teams,project manager , goals and history, because it will be valued as well as how the project will develop in the future market . We all need to know what is their preference first before we will be able to choose the market or project we will invest in it . Whether we invest in we should check on it carefully .
full member
Activity: 646
Merit: 102
http://Moonbet.io
March 09, 2020, 02:21:40 PM
#35
Since beginning of Cryptocurrency We and other our senior fellows experienced all type of Market behaviors. Where people learnt a lot, some learn by lost their asset and a few was survived by done wise decisions and make reasonable profit.

But during this journey it was a tough to handle during dead market, where you are not in a position weather you hold coins or shows bravery by selling them. But this is confirm patience always pay back. Here is i suggest a few tips to avoid any regret latter.

Here is various types of investments like a few peoples are looking for Long term investment, and other are interested for shorter term. But in all scenario basic concept are remain same. I am mentioning A few basic points in following list:

Project Product
This is the key point of any business, If any project have a great idea this will cover many flaws but if your business product will be ordinary than it will be very tough to make a successful business. So when you hunt a project for investment you should concern about it.

Project Team
After product importance for a business the second important point is team of the platform, which can do anything with their hard working and capability the have. As per the suggestion i recommend you to be informed about TEAM before you select any coin for invest.

Previous History
Specially in trading market we are knew about how important is trading history chart, Which is our basic tool for estimating where is coin and wha was its milestone . Finally after considering above stated both points you could not skip trading chart studing before selection of coin which you desired to add your portfolio .


I think if you will consider my suggestion which i break in three points and then you decide your next move, I can assure you this will not lead you to a dead end, But if you will be patient and trust your decision you will not Regret ever.  

Finally i am requesting to my seniors or any single one point out or add point for make its more fool proof plan for any investor in the WORLD.
 

You have written well...all that you have said are the things investors should look out for before investing in any project. But aside from these, you can also look out for their  funds reserve and choice of exchange. Exchange plays a significant role in any project. You can't expect that a project listed on exchanges like Vindax does well. Or you can't expect that a project without backup fund does well.
sr. member
Activity: 1050
Merit: 377
March 09, 2020, 02:10:06 PM
#34
Personally, in my list of factors, the product always comes first.
The product must be finished and must be working; it must also be directly related to real life so that it can have a full development along with the technologies of the future and the present.
In second place is history, all those decisions and achievements that are on the account of the project team.
sr. member
Activity: 924
Merit: 256
February 19, 2020, 07:48:48 AM
#33
Look project that still hyped, maybe not guarantee but maybe worth to gambling with it. Becauce for the point about hardcap, project that hyped have a big possibilities to reach it's hardcap and with it, maybe if developer want to be seriously, he can manage his project very well especially with  a lot of money because they reach hardcap.
well, I think when you invest, you should be able to be careful with projects that could potentially be a scam, of course the name of the risk will still be there because such investments will always have risks that threaten your assets, investments with something that has a physical form can minimize risk when investing.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
February 19, 2020, 07:44:51 AM
#32
That tips will help new people to find which project that they can invest in, but still, I am not recommending to invest in the new projects because that will be too risky. We have already seen the market is down for a long time, and right now, the market moves to better movements, but still, to invest in the new project will not be easy. The new project still running almost the same as the last year, so that makes people leave the new project and choose the old project that has a good movement before. But maybe we will see a new type of project that will not be the same as the last year so we can try to invest in the project.
member
Activity: 1540
Merit: 68
February 19, 2020, 07:42:39 AM
#31
Since beginning of Cryptocurrency We and other our senior fellows experienced all type of Market behaviors. Where people learnt a lot, some learn by lost their asset and a few was survived by done wise decisions and make reasonable profit.

But during this journey it was a tough to handle during dead market, where you are not in a position weather you hold coins or shows bravery by selling them. But this is confirm patience always pay back. Here is i suggest a few tips to avoid any regret latter.

Here is various types of investments like a few peoples are looking for Long term investment, and other are interested for shorter term. But in all scenario basic concept are remain same. I am mentioning A few basic points in following list:

Project Product
This is the key point of any business, If any project have a great idea this will cover many flaws but if your business product will be ordinary than it will be very tough to make a successful business. So when you hunt a project for investment you should concern about it.

Project Team
After product importance for a business the second important point is team of the platform, which can do anything with their hard working and capability the have. As per the suggestion i recommend you to be informed about TEAM before you select any coin for invest.

Previous History
Specially in trading market we are knew about how important is trading history chart, Which is our basic tool for estimating where is coin and wha was its milestone . Finally after considering above stated both points you could not skip trading chart studing before selection of coin which you desired to add your portfolio .


I think if you will consider my suggestion which i break in three points and then you decide your next move, I can assure you this will not lead you to a dead end, But if you will be patient and trust your decision you will not Regret ever.  

Finally i am requesting to my seniors or any single one point out or add point for make its more fool proof plan for any investor in the WORLD.
 


your points are well explained and its guideline equally spot on.
Ofcourse the product is the most important factor to consider.

But regarding the trading history, what if the coin is not listed yet, and are in the ieo or self funded state, how would you be sure if investment would be right ? Theres need to research beyond their whitepaper
newbie
Activity: 24
Merit: 1
February 19, 2020, 07:21:02 AM
#30
You really made good points on your created topic and it will serve as one of our guidelines before we invest to Cryptocurrency. The pointers are quite brief but really points out specific concerns. As for me, I will choose number 2 then 1 then 3. I should know the team first who created the product since I am looking for some legit projects and when I considered the team a very reliable one then I will proceed on my research about the product. The third option will be for future plans and it is also nice to have but not that urgent to know since it involves trading.

Thanks sir, You are our seniors that's why i was mentioned in post to guide us for a better trading experience, Your point of view regarding team is very solid and i have already seen post like you who was also showing concern about team,

by the ways thanks for engaging.
newbie
Activity: 24
Merit: 1
February 19, 2020, 07:16:33 AM
#29
I like to align myself with the product first, that is in wanting to invest. But coming to trading proper, the previous history is important to me because that is technical analysis and some certain movement of price can guide a trader and it also has a way of repeating itself.

Than this is great for you, Product always matters. Technical analysis is the tool which shows us clear picture if we have skip it before some time and again try to catch up.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
February 19, 2020, 07:14:26 AM
#28
Look project that still hyped, maybe not guarantee but maybe worth to gambling with it. Becauce for the point about hardcap, project that hyped have a big possibilities to reach it's hardcap and with it, maybe if developer want to be seriously, he can manage his project very well especially with  a lot of money because they reach hardcap.
hero member
Activity: 3010
Merit: 629
February 19, 2020, 06:37:23 AM
#27
This is useful tips for those who are looking for the factors to consider before investing.

Im surprise too that even you're a newbie you know these things, usually beginners are the ones asking for tips and suggestions so its nice seeing post like this from a newbie.

There is no perfect ways to invest in crypto since its unreadable, just make sure you invest what you can afford to lose and buy when price goes down, if you are in for long term go for altcoins, if not bitcoin is better
Indeed, this is a basic rule that we should not forget because even investing is profitable still it cant guarantee a sure profit thus keep in mind to use a spare money so it wont hurt that much if the result didnt turn out to what you expected it to be.
hero member
Activity: 2926
Merit: 795
February 19, 2020, 06:35:37 AM
#26
Know your risk appetite, know if you're aggressive or Conservative in investing. We will need to know what is our preference first before we will be able to choose the market or project we will invest with. Whether we invest in one that is already built it's name and have prove itself or risk in new ones that have potential.
full member
Activity: 1048
Merit: 101
February 19, 2020, 06:31:58 AM
#25
everyone will say the same thing as you said above, but the problem is that most of the ico projects in 2018-2019 ended in fraud and did not match what was presented in the project road map. So, the point is before you invest or become a project promoter to be more thorough or the results of your personal research.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
February 19, 2020, 01:10:35 AM
#24
Investing in new projects requires research like that, products, teams, goals and history, because it will be valued as well as how the project will develop in the future.
The most important thing in my opinion is the product they are running because every coin has its own purpose so that the product is very important in investing in new projects.
The experience team must also be looked at and how they are developing well and that too must be questioned.
sr. member
Activity: 882
Merit: 260
February 18, 2020, 06:16:36 PM
#23
Well, basicall upon doing investment, we all do have different key points we always do tend to check to be able to decide and determine if a certain coin or project is good and worthy for investment. In my case, I do first seek for the most popular projects and dive in to read what it is all about which can lead me to better understanding and know what kind of technology their project has and how it will effectively be executed just for me to know if I will be doing a right investment decision. I always do background checking and research on my own so that information are being gathered by my own for me to be able to educate myself about a certain project before deciding to get into investing with it.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
February 18, 2020, 03:09:08 PM
#22
Since beginning of Cryptocurrency We and other our senior fellows experienced all type of Market behaviors. Where people learnt a lot, some learn by lost their asset and a few was survived by done wise decisions and make reasonable profit.

But during this journey it was a tough to handle during dead market, where you are not in a position weather you hold coins or shows bravery by selling them. But this is confirm patience always pay back. Here is i suggest a few tips to avoid any regret latter.

Here is various types of investments like a few peoples are looking for Long term investment, and other are interested for shorter term. But in all scenario basic concept are remain same. I am mentioning A few basic points in following list:

Project Product
This is the key point of any business, If any project have a great idea this will cover many flaws but if your business product will be ordinary than it will be very tough to make a successful business. So when you hunt a project for investment you should concern about it.

Project Team
After product importance for a business the second important point is team of the platform, which can do anything with their hard working and capability the have. As per the suggestion i recommend you to be informed about TEAM before you select any coin for invest.

Previous History
Specially in trading market we are knew about how important is trading history chart, Which is our basic tool for estimating where is coin and wha was its milestone . Finally after considering above stated both points you could not skip trading chart studing before selection of coin which you desired to add your portfolio .


I think if you will consider my suggestion which i break in three points and then you decide your next move, I can assure you this will not lead you to a dead end, But if you will be patient and trust your decision you will not Regret ever.  

Finally i am requesting to my seniors or any single one point out or add point for make its more fool proof plan for any investor in the WORLD.
 
In my case, I've learned how to invest as I continue to explore the market. It was never an easy process to be honest, you need to experience major downfalls before you can become knowledgeable enough to handle all the possible challenges being faced by professional investors. Through that, we should keep in mind that our mistakes helps us gain more knowledege on how we can be more knowledgeable about our craft. As a response through that mindset, we should already start helping each other regardless of the variation of the work we are currently doing.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 18, 2020, 03:01:56 PM
#21
Quite simple guide for beginners. Looking at the project product seems a good indicator of a potential booming project, but consider the fact that some project might just be doing it for flowery words. I mean we're in the internet, especially that we're in crypto which is beyond's government's supervision which we don't need it anyway but what I am pointing here is that everyone could claim anything to themselves, just like how Wright claims that he is the real Satoshi.  Wink
And that is my problem with most investment strategies geared towards new projects, in my opinion before you even consider any other factors the first question you should ask yourself is if the project is a scam or not? You need to do everything in your power to find the answer to that question, you need to check if they are who they say they are or if they did not copy and pasted the information from their project from another one, only once you are convinced they are not a scam you should ask yourself other questions like what is the problem they are trying to solve and how they plan to do that.
hero member
Activity: 1918
Merit: 564
February 18, 2020, 02:56:38 PM
#20
You really made good points on your created topic and it will serve as one of our guidelines before we invest to Cryptocurrency. The pointers are quite brief but really points out specific concerns. As for me, I will choose number 2 then 1 then 3. I should know the team first who created the product since I am looking for some legit projects and when I considered the team a very reliable one then I will proceed on my research about the product. The third option will be for future plans and it is also nice to have but not that urgent to know since it involves trading.
legendary
Activity: 1932
Merit: 1000
February 18, 2020, 02:25:06 PM
#19
There is no perfect ways to invest in crypto since its unreadable, just make sure you invest what you can afford to lose and buy when price goes down, if you are in for long term go for altcoins, if not bitcoin is better
Yes, that statement is very true, because many investors feel sorry when they lose assets while investing, so it is better to make sure that we are able to bear the risk when losing assets when investing in crypto, because investing in crypto is very risky.
really does not guarantee investment in the cryto world all can make a lot of money and profits sometimes we can also lose because the team does not intend to develop the project sometimes there are also projects that die a few months after they enter the market
copper member
Activity: 994
Merit: 4
February 18, 2020, 01:56:22 PM
#18
Good points you got there,  before investing, it is important  one checks what the project aims to solve or what difference it hopes to bring, also the Project team is another factor to check out for, with a good project team,the project will be successful, well, in investment , no matter how promising the project seem, only invest what you would be willing to let go.
sr. member
Activity: 1610
Merit: 264
February 18, 2020, 11:47:10 AM
#17
Quite simple guide for beginners. Looking at the project product seems a good indicator of a potential booming project, but consider the fact that some project might just be doing it for flowery words. I mean we're in the internet, especially that we're in crypto which is beyond's government's supervision which we don't need it anyway but what I am pointing here is that everyone could claim anything to themselves, just like how Wright claims that he is the real Satoshi.  Wink
jr. member
Activity: 224
Merit: 2
February 18, 2020, 09:28:48 AM
#16
a little additional advice from me to complete problem solving for investors. that is, by looking at the project team's travel map, don't let you feel what my friend feels. deceived by the scam program and the money was taken away by the project development team. and try to see the cooperation undertaken by the project's development team, if what is embraced is a large crypto such as BTC or ETH it might be a little helpful to the price of the project due to the name of the large crypto name.
sr. member
Activity: 1652
Merit: 262
February 18, 2020, 09:10:14 AM
#15
after knowing the composition of the team and also the whitepaper, in the end we also have to know where the team will launch the tokens. This is very important because it will greatly affect the liquidity of the token later. for example if it is launched to an exchanger who has a good market cap and trading volume, maybe the token will have a good chance. and there, it might be good for investment.
jr. member
Activity: 163
Merit: 6
February 18, 2020, 08:39:07 AM
#14
In my opinion point 1 and 2 can be used when wanting to invest in new coins or for long-term investments, while point number 3 is for analysis in trading, but You have good points.


Almost you guide well, But in my opinion these 3 point can be implemented when you are looking for any coin specially like now we can see many coins are at very extreme low prices but here only those coins will survive or give return which have good team or valuable products
sr. member
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February 18, 2020, 08:35:39 AM
#13
All your points are  all great but does not guaranty profit to your investment, still investing in ICO or IEO has a risk attach to it, so it's better to invest what you can afford to lose, so whatever it turn out not in your favor you will not be sorry if you lose  and, of course you will gain experience and insight.
Investing in ICO is definitely a high-risk, you can't literally assure that your investment will be worth it and that's why doing your own exploration will help you distinguish if it is going to be legit and profitable. We can't take away the risk but if you have enough knowledge and you acquire from your own experiences then you can easily handle it and surpass the possible problems you may encounter. Novices must take not of this so they will not end up regretting because of losing all of their funds by taking risk without thinking the possible result because if you don't then you will probably regret your own decisions.
legendary
Activity: 2450
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February 18, 2020, 07:52:04 AM
#12
All your points are  all great but does not guaranty profit to your investment, still investing in ICO or IEO has a risk attach to it, so it's better to invest what you can afford to lose, so whatever it turn out not in your favor you will not be sorry if you lose  and, of course you will gain experience and insight.
legendary
Activity: 2814
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February 18, 2020, 05:26:44 AM
#11
In my opinion point 1 and 2 can be used when wanting to invest in new coins or for long-term investments, while point number 3 is for analysis in trading, but You have good points.
full member
Activity: 1148
Merit: 101
February 18, 2020, 03:31:15 AM
#10
There is no perfect ways to invest in crypto since its unreadable, just make sure you invest what you can afford to lose and buy when price goes down, if you are in for long term go for altcoins, if not bitcoin is better
Yes, that statement is very true, because many investors feel sorry when they lose assets while investing, so it is better to make sure that we are able to bear the risk when losing assets when investing in crypto, because investing in crypto is very risky.
member
Activity: 574
Merit: 24
February 18, 2020, 03:15:54 AM
#9
There is no perfect ways to invest in crypto since its unreadable, just make sure you invest what you can afford to lose and buy when price goes down, if you are in for long term go for altcoins, if not bitcoin is better
newbie
Activity: 24
Merit: 1
February 18, 2020, 02:50:16 AM
#8
Though I would prioritize the team capability than the proposed project.  Also, if there is a way to verify the said achievement, skills, background of the developers, it should be the very first thing to do.  

Thanks for sharing your thoughts, This is very much true and i realize that your point is much valid after i think agin. Team is more important that product, Because a good team can manage falws in product but good product can not successful without good team.
legendary
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February 17, 2020, 03:09:02 PM
#7
As good as your cautions steps seems to be, they are unfortunately not enough, since you missed the mot important golden rule of investment " invest only what you can afford to loose " no matter how the project & the team is.
We've seen loads of great projects during the past years & if the team don't SCAM you, the project died simple because of the lack of mass adoption, this is the sad truth about crypto, everything is risky no matter how good it is.
Bottom line, your money management should be your best strategy in this cryptosphere.

Indeed, but taking the consideration that a person is looking for an investment, it means that he already has the fund for the said investment.  Money management falls in another category and should be learned before taking any investment.

Pretty much you are just obviously stating not to invest in cryptocurrency.
Quote
We've seen loads of great projects during the past years & if the team don't SCAM you, the project died simple because of the lack of mass adoption, this is the sad truth about crypto, everything is risky no matter how good it is.
sr. member
Activity: 882
Merit: 254
February 17, 2020, 02:58:01 PM
#6
As good as your cautions steps seems to be, they are unfortunately not enough, since you missed the mot important golden rule of investment " invest only what you can afford to loose " no matter how the project & the team is.
We've seen loads of great projects during the past years & if the team don't SCAM you, the project died simple because of the lack of mass adoption, this is the sad truth about crypto, everything is risky no matter how good it is.
Bottom line, your money management should be your best strategy in this cryptosphere.
member
Activity: 300
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FRX: Ferocious Alpha
February 17, 2020, 02:25:51 PM
#5
There is nothing wrong with what you have written down but the truth is that most of those things don't work again because every developer has learn how to put all that in place.
member
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February 17, 2020, 02:10:29 PM
#4
For me most important thing is the practicality of the project or product where we have to check that how the product will attract users and thus the revenue for it to become successful so ask yourself will this project attract massive number of users, if the answer is yes then it is good to invest, here we have to consider the fact that for different projects this analysis can change a bit in a sense that we have to judge the usability or practicality or revenue generation of the project related to the nature of the project.
legendary
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February 17, 2020, 02:00:24 PM
#3
These are good pointers and pretty much covers the whole thing about what to do before the investment.  Though I would prioritize the team capability than the proposed project.  Also, if there is a way to verify the said achievement, skills, background of the developers, it should be the very first thing to do.  Anyone can claim that they are a master of this, supervised or done millions of projects, so to make sure that they are telling the truth, it should be verified through Background investigation that includes inquiring on the list of the institution they had stated.
jr. member
Activity: 352
Merit: 3
February 17, 2020, 01:48:34 PM
#2
1) Look for market trends, what's going to be the next big thing? What is people complaining about, what do the market need?
2) Do your own research, based on your research
3) Do more research
4) Be patient, watch the charts, don't buy in too quick, buy in as low as possible.

Personally I believe Decentralization, especially DEX's will be the future. EVERYONE is complaining about centralized exchanges, KYC, account bans, withdrawl limits, etc. etc.
DEX's is released all over, but only a few of them will survive in the end.

Blocknet made the first trustless DEX (early 2018), and works on their own decentralized oracle network as well. Definitely a good project to keep an eye on...

BUT, as always, do your own research  Wink
newbie
Activity: 24
Merit: 1
February 17, 2020, 10:52:59 AM
#1
Since beginning of Cryptocurrency We and other our senior fellows experienced all type of Market behaviors. Where people learnt a lot, some learn by lost their asset and a few was survived by done wise decisions and make reasonable profit.

But during this journey it was a tough to handle during dead market, where you are not in a position weather you hold coins or shows bravery by selling them. But this is confirm patience always pay back. Here is i suggest a few tips to avoid any regret latter.

Here is various types of investments like a few peoples are looking for Long term investment, and other are interested for shorter term. But in all scenario basic concept are remain same. I am mentioning A few basic points in following list:

Project Product
This is the key point of any business, If any project have a great idea this will cover many flaws but if your business product will be ordinary than it will be very tough to make a successful business. So when you hunt a project for investment you should concern about it.

Project Team
After product importance for a business the second important point is team of the platform, which can do anything with their hard working and capability the have. As per the suggestion i recommend you to be informed about TEAM before you select any coin for invest.

Previous History
Specially in trading market we are knew about how important is trading history chart, Which is our basic tool for estimating where is coin and wha was its milestone . Finally after considering above stated both points you could not skip trading chart studing before selection of coin which you desired to add your portfolio .


I think if you will consider my suggestion which i break in three points and then you decide your next move, I can assure you this will not lead you to a dead end, But if you will be patient and trust your decision you will not Regret ever.  

Finally i am requesting to my seniors or any single one point out or add point for make its more fool proof plan for any investor in the WORLD.
 
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