Topic: What did you look out for before investing in an altcoin? - page 4. (Read 665 times)
I personally before buying a coin looking at the volume and market, other than that seen from the prospects of the project going forward when everything looks good, I'll buy that coin, ordinary will profit even though long term
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Invest in altcoin, that means investing in coins that have been traded on the market. Right ?
What I'm looking for first is :
What I'm looking for first is :
- Liquidity
- Everywhere the coin has been traded
Don't forget about the top ten coin list because I think you can have a chance to profit from trading or investment rather than choose the other coins. If the coin can have a list on many exchanges, I think that it will have the potential to increase higher, and that means you can use that coin as the investment or trade the coin. Looking at the project will be good because you can know if the project is good or not as the investment, so you don't regret it in the future.
Invest in altcoin, that means investing in coins that have been traded on the market. Right ?
What I'm looking for first is :
What I'm looking for first is :
- Liquidity
- Everywhere the coin has been traded
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
1-4 are the most important points in choosing a project to invest in, and if that can be fulfilled, the project can usually be successful.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
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 that you have mentioned is best thing to look at before investing.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
But the Most character that i am looking at is Product because in this we rely the future and security of the project.
existing product mostly dictates what is the tomorrow for the said project.
...
points 1 -> 4 are what I pay most attention to...for a new coin project or what we commonly call ICO & IEO, finding out the team behind it is very important, investing without knowing the team behind it is very high risk because of the high level of fraud from ICO & IEO in the last 2 years.
If we are good into this part Yes we can check them if the team are legit but for those who cannot?this is a bad case to look at.
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
The main consideration must be the real world use case as the stability of the token price will be following the use case that is offered by the platform. In this case, I expect the demand will be following a good product with a lot of useful features. 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.
3. real-world use-cases?
4. partnerships?
5.
6. Stability of the token?
7. Just name them, anything you look out for
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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
The one thing to look out in an altcoin before investing is the year of existing in the market, concept (which will give hint about the project utility), trading volume (which will make you the level of community support, capital and the previous historic data with the inclusion of the current either.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
1. team behind the project? The project reputation doesnt matter in some case e.g ETH some doubt it when it was created.
2. type of blockchain? It important
3. real-world use-cases? Maybe
4. partnerships? Maybe
5. period of existence? Yes
6. Stability of the token? Except stablecoin no genuine crypto is stable in price.
7. Just name them, anything you look out for XMR, ETH, NRG, BTG etc.
1: Presentation (what is the project and why, but i do not care about the apparences, only text)
2: Price
3: Real-world use-cases
I invested in few projects without knowing the team (like darkcoin/dash and monero, dero, even bitcoin...) and it worked fine.
When i invest in a new coin it's mostly in the first days or months so the "period of existence" doesn't matter for me. I started mining Dash in the first days, there wasn't even a logo if i remember well, same for DERO there were only one dev and a ugly logo.
Watching at the stability ? less stability = more money. But more seriously, even bitcoin itself isn't stable, stability is not the main criteria to choose my investments in this young world, even if i'm still thinking about the stability in the futur.
Do you read what i said ? i invested in those coins you weren't even in the cryptogame probably, they had no logo except for bitcoin, and those coins was unknown ( i was mining more than 50 darkcoins/dash per day with one i5 cpu, so yes the market wasn't large at all)
"Real-world use-cases" is obviously a market analysis.
I don't want to be harsh, but i'm rich enough to not make publicity for an online casino as you do, just to tell you that i'm here since a long time and my assets are fine.
(the question is "What did you look out for before investing in an altcoin? " not in which coins i started to invest yesterday.... btw i'm probably the first person that invested in Dero and one of the first who mined Dash in the first months, i'm proud of my analysis even if i invested in a lot of shitcoins but i was totally aware of what i was doing)
1: Presentation (what is the project and why, but i do not care about the apparences, only text)
2: Price
3: Real-world use-cases
I invested in few projects without knowing the team (like darkcoin/dash and monero, dero, even bitcoin...) and it worked fine.
When i invest in a new coin it's mostly in the first days or months so the "period of existence" doesn't matter for me. I started mining Dash in the first days, there wasn't even a logo if i remember well, same for DERO there were only one dev and a ugly logo.
Watching at the stability ? less stability = more money. But more seriously, even bitcoin itself isn't stable, stability is not the main criteria to choose my investments in this young world, even if i'm still thinking about the stability in the futur.
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
1: Presentation (what is the project and why, but i do not care about the apparences, only text)
2: Price
3: Real-world use-cases
I invested in few projects without knowing the team (like darkcoin/dash and monero, dero, even bitcoin...) and it worked fine.
When i invest in a new coin it's mostly in the first days or months so the "period of existence" doesn't matter for me. I started mining Dash in the first days, there wasn't even a logo if i remember well, same for DERO there were only one dev and a ugly logo.
Watching at the stability ? less stability = more money. But more seriously, even bitcoin itself isn't stable, stability is not the main criteria to choose my investments in this young world, even if i'm still thinking about the stability in the futur.
I will lookout for the top 20 coin list, and I will search for more information about each coin project. But sometimes, I choose the coin that will be my investment from the history that the coins made before, so I can analyze more if that coin is worth to buy for the investment or not. But for selecting ethereum, I think that will not be necessary because ethereum is one of many altcoins that is worth to be as your investment. After all, ethereum has a big chance to increase in the future. But for altcoin, I think we can use it as a short term investment because of the change in the price which can make us panic.
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
i will for the team behind the project and the development progress from the project
i mean i will look carefully if the team is active to develop their project mate
The project that entails a good presentation can't be projected with good moral unless they're transparent with their ongoing progress. Just like what happened with last 2016 and 2017 historical years, most successful projects is more efficient in showing their realistic approach to every investors.
So I am adding transparency to the list. Thanks
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
1-4 are the most important points in choosing a project to invest in, and if that can be fulfilled, the project can usually be successful. 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
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 looked out almost all the following listed, some projects seems to have and contains all of these but fail at the end. The best way to avoid being scam is to do a thorough research on the project before investing in the so called ICO/IEO, 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
1 - 5 that i commonly use. But this is only my referrence because due to technology and money today they can create what ever they want they can fake when they want some of the project today creating a good back ground to attract investors attention, so the ending this type of project turning into scam they created fake good back ground for money grab only. In direct we can't predict how the project totally work because we can't read the mind of everyone. Anyway it is very important that you have a referrance
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
i will for the team behind the project and the development progress from the project
i mean i will look carefully if the team is active to develop their project mate
The project that entails a good presentation can't be projected with good moral unless they're transparent with their ongoing progress. Just like what happened with last 2016 and 2017 historical years, most successful projects is more efficient in showing their realistic approach to every investors.
...
points 1 -> 4 are what I pay most attention to...for a new coin project or what we commonly call ICO & IEO, finding out the team behind it is very important, investing without knowing the team behind it is very high risk because of the high level of fraud from ICO & IEO in the last 2 years.
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
i will for the team behind the project and the development progress from the project
i mean i will look carefully if the team is active to develop their project mate
Do you mean that Alts are already listed on the market or still in ICO phase?
If you do talk about choosing alts that are already listed in the market then i dont bother much and just simply stick out
to the current top rank ones specially if you do make short tradings but in talks of long term aspect then those steps
above you do had mentioned are worthy for you to check on.
Some projects might have their price into the floor but you can eventually presume out that they do have a potential
depending into its real world usage and the activeness of the team behind it.
If you do talk about choosing alts that are already listed in the market then i dont bother much and just simply stick out
to the current top rank ones specially if you do make short tradings but in talks of long term aspect then those steps
above you do had mentioned are worthy for you to check on.
Some projects might have their price into the floor but you can eventually presume out that they do have a potential
depending into its real world usage and the activeness of the team behind it.
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
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