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Topic: significance of different altcoilns - page 2. (Read 584 times)

sr. member
Activity: 882
Merit: 253
April 03, 2021, 09:27:57 AM
#44
For difference between altcoin out there and a lot of stuff related to cryptocurrencies.
I highly recommend https://99bitcoins.com. You can learn a lot of things in their website, they have also youtube channel that have weekly news about
cryptocurrency which you can use it as fundamental analysis and to keep updated in the current news about crypto world.
Some altcoins have different platform and use so learn how you will keep updated about them.
Don't get bored in researching and finding crypto that have huge potential someday.
Don't ways your time in some new altcoins, they always have high risks they will not get survive in the market and some of them are scams.
hero member
Activity: 2170
Merit: 530
April 03, 2021, 09:06:50 AM
#43

there is still a lot of time to learn, don't immediately take the decision to invest in a different coin, but try to be more thorough and need a deeper analysis of doing it. I am only sharing experiences that I have had before.
Too many new projects arises in the market that serves a good services and trying hard to formulate a good market that can be usable and profitable to their respective client or customer, but yeah what you need to do first was to read its whitepaper and feed your mind with so much learning about this new project. But there's a different group oraganizing a live ama that you can join to watch it on live and be informed about their projects. So yeah each altcoins has their own kind of significance in the market today.
legendary
Activity: 2660
Merit: 1074
April 03, 2021, 04:18:17 AM
#42
I think gaining knowledge is not difficult at this time. a lot of literacy that he can read and understand. once it is sufficient with the knowledge he can start investing. experience will support the knowledge he has. When you want to learn and don't close yourself to growing I think becoming a professional trader or investor will not be difficult.
No matter how much you learn it is always difficult to trust these altcoins because the reality is that hardly 5-10% of the coins reach their potential and even then the price of the token might not reach where you expected it to reach.

I have completely stopped investing in ICOs and projects before their coin is at least listed on a decent exchange and even then, I always see what they are planning in the future which then gives an idea of how the coin will prosper months to follow. There are lots of other criteria need to be applied but we must begin with at least 3 to 5 strategies.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
April 02, 2021, 11:20:36 AM
#41
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?
Entering 2021 Cryptocurrency continues its positive trend. The increase in cryptocurrency prices earlier this year is proof of public confidence in crypto assets as a promising investment option. Before starting to invest, you have to consider all the possibilities that could happen, because investing in crypto can be said to be more difficult than traditional assets and stocks, because of the high volatility and risks involved in it. So it takes proper planning to make a profit.

significance of different altcoilns.
Yeah, especially if you are new to cryptocurrency, it is very important to choose a different altcoin, this is an excellent strategy for newbie investors, This strategy is better known as the stop loss strategy. To find a good altcoin to invests in, you can find it here.
full member
Activity: 1176
Merit: 100
Vave.com
April 02, 2021, 09:32:50 AM
#40
trader might work on possession of knowledge and more to find ideas with the chance on investment as appealing different news and release from media and developer as followed with the chance on decision with the option for the order confirmation by the market.
full member
Activity: 532
Merit: 104
April 02, 2021, 09:15:56 AM
#39
Altcoins play a different role in the cryptocurrency market. If you look at the Ethereum ecosystem you see a lot of good things in it. I see many solutions that altcoin offers and it enriches and diversifies the cryptocurrency market. I think in the future altcoins will play an important role in real life because they help us with more problems than just paying. We can manage records, documents, people, property ...
sr. member
Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
April 02, 2021, 04:54:36 AM
#38
There are alot of altcoin out there, but most of them have similliarity. For example : ethereum, ada, bnb and dot is similiar. But dot provide new feature what ethereum does not have ( it can scale without hard fork ). But there is also different like : ethereum and file coin. Ethereum provide smart contract and file coin provide blockchain to store the file decentralised.

Student coin provide similiar to ethereum but more advance so user can create their community without hustle.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 02, 2021, 04:10:45 AM
#37
there is still a lot of time to learn, don't immediately take the decision to invest in a different coin, but try to be more thorough and need a deeper analysis of doing it. I am only sharing experiences that I have had before.
and I think gaining knowledge is not difficult at this time. a lot of literacy that he can read and understand. once it is sufficient with the knowledge he can start investing. experience will support the knowledge he has. When you want to learn and don't close yourself to growing I think becoming a professional trader or investor will not be difficult.

Do not forget that when you get a lesson about investment or trading, you need to make sure that you can get the right lesson because many lessons will not tell the truth. That will need to have more research for you to know if that lesson can give you knowledge about investment or trading to make a profit from both things. When you start to invest or trading, you can use small money to see how good you learn from the lesson to see if it is better to add more funds to invest or trading.
full member
Activity: 1120
Merit: 101
April 02, 2021, 03:09:42 AM
#36
there is still a lot of time to learn, don't immediately take the decision to invest in a different coin, but try to be more thorough and need a deeper analysis of doing it. I am only sharing experiences that I have had before.
and I think gaining knowledge is not difficult at this time. a lot of literacy that he can read and understand. once it is sufficient with the knowledge he can start investing. experience will support the knowledge he has. When you want to learn and don't close yourself to growing I think becoming a professional trader or investor will not be difficult.
full member
Activity: 910
Merit: 102
April 02, 2021, 02:46:38 AM
#35
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

You can learn about it and find out for yourself on coinmarketcap.
I think if your goal is to invest, it is very important with the Altcoins that you invest, at least you can reap the benefits of various types of coins that will have prices in the future. that's in my opinion the importance of storing different Altcoins.
Difficult thing about that is that it is hard to read one by one on how the coin will benefit one investor.
This is why my scope in CMC would be only inside top 10 and not even a strand of hair below that ranking.
Many shitcoins are coming and they won't ever end.

there is still a lot of time to learn, don't immediately take the decision to invest in a different coin, but try to be more thorough and need a deeper analysis of doing it. I am only sharing experiences that I have had before.
sr. member
Activity: 750
Merit: 258
April 01, 2021, 08:12:31 AM
#34
Alexandria here is the best source for newcomers

you can also learn from youtube, wikipedia and the official website of the coins which you have chosen. The internets has provided a vast of information and thus, you are never behind. Bitcointalk is also a big place for crypto enthusiasts who willing to give you answer for your cynical and ignorant. Do not scare to ask for help in this place. I was once and always will be ignorant. Remember to stay away from spammer who only post a few nonsense shit because they are looking for bounties only and they does not try to help you resolving your problem

Good luck on your cryptocurrency discovering journey
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
April 01, 2021, 05:05:50 AM
#33
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

You can learn about it and find out for yourself on coinmarketcap.
I think if your goal is to invest, it is very important with the Altcoins that you invest, at least you can reap the benefits of various types of coins that will have prices in the future. that's in my opinion the importance of storing different Altcoins.
Difficult thing about that is that it is hard to read one by one on how the coin will benefit one investor.
This is why my scope in CMC would be only inside top 10 and not even a strand of hair below that ranking.
Many shitcoins are coming and they won't ever end.

This is true and tested already. Investing on random shitcoins out there will give hard time for newbie especially for a high volatility coin. Actually there's a website called coinmarketcal.com that list the event for different project and gauge how hot the news for the project. There suggested coin to buy has basis of upcoming events so even newbie can use that info before buying token without doing a 1 by 1 research.
sr. member
Activity: 1610
Merit: 264
April 01, 2021, 05:00:41 AM
#32
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

You can learn about it and find out for yourself on coinmarketcap.
I think if your goal is to invest, it is very important with the Altcoins that you invest, at least you can reap the benefits of various types of coins that will have prices in the future. that's in my opinion the importance of storing different Altcoins.
Difficult thing about that is that it is hard to read one by one on how the coin will benefit one investor.
This is why my scope in CMC would be only inside top 10 and not even a strand of hair below that ranking.
Many shitcoins are coming and they won't ever end.
full member
Activity: 910
Merit: 102
April 01, 2021, 03:59:55 AM
#31
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

You can learn about it and find out for yourself on coinmarketcap.
I think if your goal is to invest, it is very important with the Altcoins that you invest, at least you can reap the benefits of various types of coins that will have prices in the future. that's in my opinion the importance of storing different Altcoins.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 31, 2021, 06:54:04 PM
#30
This forum is the right place to learn everything about crypto and altcoin out there. Go to altcoin announcement then you will find old altcoin and some of new altcoin. The you can get their whitepapper to learn about the project, roadmap, who is who, etc...
Not everything you see there is good altcoins but it's a good reference to know what are the good and bad ones. You'll get a hint by the feed back of the thread through the other posters and its trust feed back. You'll get the history by going through it. And for the good ones, you'll have to check the market and do research upon knowing them, you can ask in here if you find one.
full member
Activity: 560
Merit: 217
March 31, 2021, 09:20:17 AM
#29
This forum is the right place to learn everything about crypto and altcoin out there. Go to altcoin announcement then you will find old altcoin and some of new altcoin. The you can get their whitepapper to learn about the project, roadmap, who is who, etc...
member
Activity: 1165
Merit: 78
March 31, 2021, 03:44:14 AM
#28
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?
Since you are new in the cryptocurrency investment, I think chasing after altcoin investment is not a good idea because an altcoin is highly manipulated and 98% of all altcoin are shitcoin which were create to profit the team involved.
sr. member
Activity: 1610
Merit: 264
March 31, 2021, 03:28:17 AM
#27
Hello, OP.
Please look up Google first before starting a new thread here.
CMC (CoinMarketCap) is one that you're gonna look up for many coins even the top 10 and so on.
Many data are provided there. The charts, the exchange it is traded at and to what coin can it be traded, wallets, etc. More than what you can ask for.
sr. member
Activity: 1722
Merit: 269
March 30, 2021, 03:41:41 AM
#26
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

Good sources to read through first could be coinmarketcap.com or coingecko.com. On this sites most crypto projects are listed and if you click on a certain project you also can see some infos about that project, a short description and also linke to the webiste of the project.
So you could just go to this 2 sites and looked through the projects until you find a few that you find interesting and then you should dive deeper into this projects by reading their whitepapers, looking at the tokenecomomics the utility of the token and also at the team and the roadmap.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 30, 2021, 03:05:32 AM
#25
Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?
You know what, the majority of the altcoins in this field of business are honestly not good or shit coins they called.
But I cannot also deny that some of the altcoins are also give a nice profit depending in the volume in the market and quantity of
the traders as well. And one of the reference to use on this are Coinmarketcap, coingecko, and crypto.com.
True, even though in Coinmarketcap, coingecko, and crypto.com there are still some unlucky coins that are not suitable to have, but for reference in general it is good to use especially if the OP can make their own comparisons on the three sites you mention.
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