You all have the list OP to check and I believe that it was enough to know a legit project or not. But also you have to remember that not all projects that have a very good start will also likely have an amazing journey because some of them also get lost. The risk can't be lost because at any time of the day it can be changed also. That is why choosing the right coin needs to be (almost)perfect to avoid losses to our ends. But that is difficult when you are not familiar with the market and also when you are new to this. We don't need to be rush and lastly, we don't need to be FOMO. These things could save us from losing.
everyone already knows what they have to do. but investors or bounty hunters who are looking for new projects are sometimes or more lazy to do everything the OP says. they prefer to follow friends or people they trust more than doing their research. 
Topic: What did you look out for before investing in an altcoin? (Read 675 times)
Okay guys, hope we are all staying safe?
I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
All of that is important however another important aspect is innovation, even if all the points you bring were positive the coin will never perform well over the long term if it is just another coin trying to do the same as all the coins that came before it, it has to bring something new over the table and that something must make sense, if this is not the case then do not bother to invest in such coin as soon enough it will be replaced by yet another coin doing the same thing. I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
Usually the things I look out before deciding to invest in altcoins are the period of existence and the team behind the projects,
these two things are enough for me to decide which coins I will choose. Because if the coins include new projects i'm definitely avoid
for invest, because new crypto coins are very at risk of a dump. Then next I will choose active developers, so projects can develop
and certainly the effect can make prices go up.
these two things are enough for me to decide which coins I will choose. Because if the coins include new projects i'm definitely avoid
for invest, because new crypto coins are very at risk of a dump. Then next I will choose active developers, so projects can develop
and certainly the effect can make prices go up.
snipped~
You all have the list OP to check and I believe that it was enough to know a legit project or not. But also you have to remember that not all projects that have a very good start will also likely have an amazing journey because some of them also get lost. The risk can't be lost because at any time of the day it can be changed also. That is why choosing the right coin needs to be (almost)perfect to avoid losses to our ends. But that is difficult when you are not familiar with the market and also when you are new to this. We don't need to be rush and lastly, we don't need to be FOMO. These things could save us from losing. hero member
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Everything you have mentioned above will factor into how much I would invest into an Altcoin,
If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record
I suggest you forget about the new project. You already have a good choice if you want to invest in top market assets. the new project is part of a scam on the crypto market. ICO or IEO is the same. choose the least risk. trade or investment that is already in the market.If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record
But not many projects can stay survive after 2018 because we knew that many projects after that year are collapse and cancel their project. I don't follow the ICO and IEO project, and I only heard that after 2018, it was a hard year for every project because the crypto market has down too deep. You can analyze the top 20 coin list if you want to search for the potential altcoin that can back increase this year or next year. And if you try to buy that coin, you will see that the chance will be bigger than the new project.
For me is simple,the project already listing in so many exchanges and the community is big. Im always care about money and i so scare invest in new coins which we dont know about the future of that coins. I always play safe. Yes, i know invest in new coins is potential for profits, but so risky, high risk high return, that's not me
You have good principles. that's all you need to support with the ability to trade and invest better. and you will become a professional trader. I also like you, only focus on assets that are already in the market. but sometimes a new project from IEO binance also attracts me to invest there.
For me is simple,the project already listing in so many exchanges and the community is big. Im always care about money and i so scare invest in new coins which we dont know about the future of that coins. I always play safe. Yes, i know invest in new coins is potential for profits, but so risky, high risk high return, that's not me
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
4 points above is what I always see before investing in altcoins and besides that I also see whitepaper so that I know more about the objectives of the project2. type of blockchain?
3. real-world use-cases?
4. partnerships?
You should not say all of IEO and ICO were scam. Almost all of icos have already started from ICO and IEO, how you can say like that when these kinds of fundraising have already helped crypto to be big like this time. There is a lot of trusted icos in the market. The problem is some of these icos were scam.
Yes, it is true. even early 2017 became very unusual for ICOs with a lot of crypto adoptions taking place. Even though now many projects are a scam, that doesn't make them all a scam. Until now IEO also still has projects that are successful in the market. Everything you have mentioned above will factor into how much I would invest into an Altcoin,
If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record
I suggest you forget about the new project. You already have a good choice if you want to invest in top market assets. the new project is part of a scam on the crypto market. ICO or IEO is the same. choose the least risk. trade or investment that is already in the market.If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record
Everything you have mentioned above will factor into how much I would invest into an Altcoin,
If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record
I suggest you forget about the new project. You already have a good choice if you want to invest in top market assets. the new project is part of a scam on the crypto market. ICO or IEO is the same. choose the least risk. trade or investment that is already in the market. If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record
Okay guys, hope we are all staying safe?
I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
Everything you have mentioned above will factor into how much I would invest into an Altcoin,
If it is a solid top 20 coin, that has been around for years, has growing functionality and real world use cases, then i would probably invest 5-10x as much into a coin like this than I would say an ICO who have a good team and roadmap but no current use cases or track record
-- --
4 points above is what I always see before investing in altcoins and besides that I also see whitepaper so that I know more about the objectives of the projectno you dont need to read the whole context on what is written on the whitepaper but you only need to read the highlighted points just to save time . its okay for the team to pay for someone to create a whitepaper as long as what is written is geniune and came from the idea of the team . white papers are rarely included now on the criteria on how to look for a project , idk why maybe its true that it can be easily faked out but if its easy to faked out then its also easy to identify if the white paper is real or not .
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
4 points above is what I always see before investing in altcoins and besides that I also see whitepaper so that I know more about the objectives of the project2. type of blockchain?
3. real-world use-cases?
4. partnerships?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
4 points above is what I always see before investing in altcoins and besides that I also see whitepaper so that I know more about the objectives of the project2. type of blockchain?
3. real-world use-cases?
4. partnerships?
In my opinion for the point 1 is important to check if there are no scammer DEVS and only good members behind the project. For the point 2 is relative important if you wanna speculate because sometimes marketing is more important than technology when you are only interested to the price
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
4 points above is what I always see before investing in altcoins and besides that I also see whitepaper so that I know more about the objectives of the project2. type of blockchain?
3. real-world use-cases?
4. partnerships?
Okay guys, hope we are all staying safe?
I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
Is this for ico? Or in the market?I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
I if in the market you should go for good altcoins for you to buy you need buy and hold that altcoins if you sure that altcoins are good to hold and see also the feed back of the buyers of that altcoins so that you can know if that is good to buy or not. And I think it's better to hold it for a long term.
Decisions will vary on situation but generally when we do talk about investing criterias then majority of this would fit out or should really be needed to be considered
before making any step.
Verify everything and if you do able to see red flags then thats the time you would skip out such project and find another one.Lots of projects that floats around
in the market.
It do just depend on how you do search up for the best ones.
Okay guys, hope we are all staying safe?
I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
Is this for ico? Or in the market?I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for
I if in the market you should go for good altcoins for you to buy you need buy and hold that altcoins if you sure that altcoins are good to hold and see also the feed back of the buyers of that altcoins so that you can know if that is good to buy or not. And I think it's better to hold it for a long term.
1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
4 points above is what I always see before investing in altcoins and besides that I also see whitepaper so that I know more about the objectives of the project 2. type of blockchain?
3. real-world use-cases?
4. partnerships?
Investing in an ICO or IEO in my opinion is still very risky. In two years it has been a lot of failed and even fake projects. Many investors feel deceived because the lost money is taken by the scammers IEO or ICO.
For me investing in Altcoin is already registered on the exchange with a large volume of trades. Buy top altcoins like Ethereum and BNB. For me, these two coins do not have to do some stages of checking, but this altcoin has proved to have good potential in the crypto space.
For me investing in Altcoin is already registered on the exchange with a large volume of trades. Buy top altcoins like Ethereum and BNB. For me, these two coins do not have to do some stages of checking, but this altcoin has proved to have good potential in the crypto space.
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