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Topic: What do you look for when buying new coins? (Read 1023 times)

member
Activity: 112
Merit: 10
February 01, 2018, 06:32:06 AM
#86
whitepaper and team, 100% must.
I should look first the whitepaper,then a lot of factors in my opinion to consider when buying new coins. I look for those coins that have a higher daily trading volume and which have a widespread community behind them, with continuous development. The stability of the coin in the market and better exchange value for future usage is another factor.Lastly,you should consider getting different opinions from different sources like social media.
sr. member
Activity: 420
Merit: 250
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February 01, 2018, 05:03:42 AM
#85
It’s better to pay attention on whitepaper. Team is important and their effort can be count in future success. Also for me as investor understandability and clarity of explanation play an important role. Sometimes team is too concentrated on their own interests and less tend to think about main audience. It is absolutely wrong
Definitely right, the whitepaper is what You should look for first before proceeding to add the Altcoin to Your Altcoin Portfolio. Just as You have said, the team's explanation about the project should be clear and have answered any necessary questions or doubts the reader/investor may have. You should also consider getting different opinions from different sources, be it from the telegram, facebook, twitter, or any other social media sites as it can be of great help having people's opinions because it gives You the idea if they are interested in the project or not. In other words, it gives You an idea if the project has a lot of Hype and if people are interested in the Altcoin. And also do some research about any other similar platforms of the Altcoin(Project) that may have been successful, this tends to lower the hype of the altcoin You are interested in as it already has a similar platform from an older Altcoin which leads to a lower chance for it to have a Higher value.
member
Activity: 248
Merit: 10
February 01, 2018, 04:30:43 AM
#84
Wanted to see what long and short term speculators look for before they take the plunge and buy into current and new coins/tokens?

I know there is variable factors including circ, volumes, chart analysis but wanted to get some
inputand successes he community has had in such a volatile environment.

Thanks!

In terms of longterm speculation when i'm buying new coins is I got research their background and if it possible to boom and this is my reason that i'm buying a coins.Buying new coins and holding it was the best strategy so that you can earn as much as bigger income if the time that their value were grow.Be a wise buyer and researchful to make a successful investor.
hero member
Activity: 826
Merit: 518
February 01, 2018, 04:07:00 AM
#83
I am not interested in the cheap coins I always invest on the well known recognized coins which has been in the crypto market for years.And I will look for their price chart while investing on any coin if it is constant and steady then it is one of the best coin to invest in long term.When investing on newly launched coin we have to invest based on its usage on future,some altcoins may get expensive soon in the near future.We also can invest on the basis of market cap value the chance of getting profit in the top ranked coins is maximum.
member
Activity: 294
Merit: 10
February 01, 2018, 03:43:22 AM
#82
I look at the trading volume, for how much the token has grown. And also on the roadmap, on which exchanges already list. I analyze the community in telegram.
full member
Activity: 560
Merit: 107
Keep Working
February 01, 2018, 02:56:45 AM
#81
For long-term investment, I always look into how good is coin team and product/service it offers. For short-term trading, I look into 1-month charts before buying coins. I think 1 month history is good enough for short term trading.
sr. member
Activity: 475
Merit: 251
VTOS
February 01, 2018, 02:46:06 AM
#80
In general looking at market cap to seek cheap coins is enough. It guides you through overpriced coins and you don't waste time on them. Also I look for better exchanges as I don't trust smaller unknown ones.
newbie
Activity: 57
Merit: 0
February 01, 2018, 12:18:18 AM
#79
I look at Market cap, Max coin supply, How old is the project, The community.
full member
Activity: 434
Merit: 175
February 01, 2018, 12:17:57 AM
#78
Two thing i always look at :
1. Team behind development are they the real developer or just people with good marketing strategies. If behind the coin is the real developer like LTC, ETH, Swissborg, aeternity, quantum1net, qtum i will buy it.
2. The community behind it. Less cancer people inside community is better then many people with a lot of stressed and fud.
newbie
Activity: 160
Merit: 0
My speculations better look for the reflectivity of the project. Look the roadmap and not annoying members. The quality of projectwholeness.
hero member
Activity: 1610
Merit: 507
First, I check the total supply. I'm already out when I see them in billions. Next,they should have large numbers in volume and the community. Third is if there's an upcoming event or news that will trigger it's price to rise.

looking at the total supply is a good option to choose the coins and it is better to choose from small until medium so we still have a chance to make a profit. and sometimes, the upcoming event or news is really good for the coins because the price could be increased in one range so we can buy before the event or the news is come out and waiting until the price increase. but I think as long as the price is down, we have a good chance to see the price increase back later so I think it will only need a patient to wait the price is up again.
full member
Activity: 504
Merit: 100
First, I check the total supply. I'm already out when I see them in billions. Next,they should have large numbers in volume and the community. Third is if there's an upcoming event or news that will trigger it's price to rise.
hero member
Activity: 1008
Merit: 537
Wanted to see what long and short term speculators look for before they take the plunge and buy into current and new coins/tokens?

I know there is variable factors including circ, volumes, chart analysis but wanted to get some
inputand successes he community has had in such a volatile environment.

Thanks!

Technical analysis is very important in crypto currencies trading and you will need to understand how things work before you can actually make it big in crypto currencies trading. I do follow candlesticks formations including stockastic indications before placing any trade. I have tried to also follow some fundamentals news about bitcoin before investing into it.

May I know! what you mean here about technical analysis about the crypto currency. If there is any process like tech analysis please share that to me via PM.
When you want to invest on the altcoins you can check the price chart and marketcap value to defines that whether they have the growth or not. If you want to invest on ICO projects, check the dev team information and white paper understand the complete knowledge about the project.
sr. member
Activity: 882
Merit: 282
Wanted to see what long and short term speculators look for before they take the plunge and buy into current and new coins/tokens?

I know there is variable factors including circ, volumes, chart analysis but wanted to get some
inputand successes he community has had in such a volatile environment.

Thanks!

Technical analysis is very important in crypto currencies trading and you will need to understand how things work before you can actually make it big in crypto currencies trading. I do follow candlesticks formations including stockastic indications before placing any trade. I have tried to also follow some fundamentals news about bitcoin before investing into it.
full member
Activity: 689
Merit: 102
It’s better to pay attention on whitepaper. Team is important and their effort can be count in future success. Also for me as investor understandability and clarity of explanation play an important role. Sometimes team is too concentrated on their own interests and less tend to think about main audience. It is absolutely wrong
member
Activity: 308
Merit: 10
Some people buy coins that has a good potential to pump up higher. if they think that coins will be successful in near future, people will buy it. they look to the chart to monitor the growth of that coins.
member
Activity: 336
Merit: 15
Mining. Hosting. Cloud Mining.
There are several factors. I look for volume and price, but I also look at community support and team activity to determine if it's a long-term or short-term investment.
member
Activity: 248
Merit: 10
I'm not an expert. So I just looked at the total amount of that coin. Look at the price and chart of the coin for 1-3 months. And if I see this coin can buy. I will buy it
Same here, Im always on to check their team has the capability to develop their project. The supply of the coins, the demand and the volume in these way I can able to identify if the coins is worth buying and holding for long term.
hero member
Activity: 994
Merit: 502
I just go through the growth chart of bitcoin, later will go through the list of exchanges in which the concern coin is listed. This will let us know the market capital and the circulation which is must for the further growth. On the whole most of the time I would go with low valued coins.
newbie
Activity: 109
Merit: 0
First is the price and the market value, that's the first I am looking at, Second is its number of user the more people involved with this coins are much more better and secured since they know it has also potential to grow, third is the supply if the coin supply is too much then its price value is possibley low but if the supply is just right then I go for it, and I always research on the net: top coins to invest/buy.
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