Value investment tool for altcoin - page 7.

LilyCici

newbie

Activity: 28

Merit: 0

Quote from: GREENch on December 27, 2018, 01:55:59 AM

If there was such an algorithm for determining, then in the crypto industry everyone would be successful businessmen)). We can only thoroughly analyze the project and hope for the correctness of their arguments.

Yes, I must analyze the projects carefully. Just like investing in the stock market, we can refer to some financial statements, company business information and field visits... Do we have any standards to analysis coins?

Jating

hero member

Activity: 2842

Merit: 772

Quote from: LilyCici on December 27, 2018, 01:02:57 AM

I think the prospect of cryptocurrency is very good. Now the investment in cryptocurrency must be profitable, but there are thousands of altcoin on the market, and there will be more in the future. At present, many are scams, and the value will be zero.
I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

I'm sorry to tell you that there's no such kind of tool in existence as far as I know. Everyone here DYOR (Do your own research), it means there's a lot of hard work behind choosing what coins to invest in order for you to make a lot of money in this market. You can also visit the Scam Accusations thread to know which projects have been identified as fake and scam.

LilyCici

newbie

Activity: 28

Merit: 0

Quote from: KingDome on December 27, 2018, 01:50:02 AM

Actually there is nothing like that. Anyone cannot determine which coins are really worth to invest because the only one who can control the market is the community.

Yes, the community has the greatest impact on the value of coins. The price of the currency is very influenced by the emotions in the market and the community. As the coins are global. How do we see the global emotional response of the community? Now I can only see all the posts through some forums, but the efficiency is a bit low, there is no intuitive tool to reflect the mood of the community？

anggriani

sr. member

Activity: 630

Merit: 251

bitcoin and ethereum are crypto pioneers and both will continue to live in the future. so what are you looking for, if the right choice is available to us. my other advice is to choose an alt that already has a product and has been useful for its users, in the sense that it is always used by everyone.

BruceJu

member

Activity: 378

Merit: 10

Fast, Smart, Trustworthy

No cryptocurrency can be the next generation of bitcoin, because all crypto can't get rid of the fate of manufacturer control, only bitcoin is completely independent crypto.

GREENch

full member

Activity: 1400

Merit: 103

Quote from: LilyCici on December 27, 2018, 01:02:57 AM

I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

If there was such an algorithm for determining, then in the crypto industry everyone would be successful businessmen)). We can only thoroughly analyze the project and hope for the correctness of their arguments.

LilyCici

newbie

Activity: 28

Merit: 0

Quote from: sufferer123 on December 27, 2018, 01:33:59 AM

When such an application is made, the scam projects pay the owners of the application and show their projects as if they were actually good. This causes people to be more wrong. I don't think that a completely transparent application can be done.

Yes, you are very right. So maybe this application should be decentralized like bitcoin, the data should be open and fair. It should be a community-based project.

KingDome

jr. member

Activity: 434

Merit: 1

Quote from: LilyCici on December 27, 2018, 01:02:57 AM

I think the prospect of cryptocurrency is very good. Now the investment in cryptocurrency must be profitable, but there are thousands of altcoin on the market, and there will be more in the future. At present, many are scams, and the value will be zero.
I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

Actually there is nothing like that. Anyone cannot determine which coins are really worth to invest because the only one who can control the market is the community.

LilyCici

newbie

Activity: 28

Merit: 0

Quote from: IgorShumilo on December 27, 2018, 01:29:58 AM

I believe that the only tool that can tell you in which coin / token you need to invest your money, and in which not, is your brain.
You are right, now there are more than 2000 coins and tokens and 95 percent is rubbish and fraud. To choose a promising project, you need to think very well with your head and be able to analyze.

I have lost a lot now. So my brain is not smart enough Sad

I heard code is the law in blockchain. Will the developers can find the good and potential projects? Maybe I need a geek brain. Grin

sufferer123

member

Activity: 574

Merit: 55

When such an application is made, the scam projects pay the owners of the application and show their projects as if they were actually good. This causes people to be more wrong. I don't think that a completely transparent application can be done.

IgorShumilo

full member

Activity: 518

Merit: 105

I believe that the only tool that can tell you in which coin / token you need to invest your money, and in which not, is your brain.
You are right, now there are more than 2000 coins and tokens and 95 percent is rubbish and fraud. To choose a promising project, you need to think very well with your head and be able to analyze.

LilyCici

newbie

Activity: 28

Merit: 0

I think the prospect of cryptocurrency is very good. Now the investment in cryptocurrency must be profitable, but there are thousands of altcoin on the market, and there will be more in the future. At present, many are scams, and the value will be zero.
I want to know what value investing tools can determine which coins are worth investing and which will become the next generation of Bitcoin or Ethereum.

Topic: Value investment tool for altcoin - page 7. (Read 18901 times)