Topic: What encourages you to invest in any altcoin? - page 36. (Read 7229 times)
It's also important to watch the coin for a while. Read the bitcointalk, watch the capitalization on coinmarketcap and do your own forcasts.
Read the white paper, look at the project team. Examine the road map, see if the command fulfills the events specified in the road map. If the project has a finished product, it's very good. ;)I usually choose altcoin on these parameters.
great team and the use case of the project..
I usually invest in altcoin to get profit but i prefer long term profit but the coin should be backed by good project and product not just hype price coin.potential coin neglect the risk of great dump and pump . steady growth is good for a coin.
Altcion price is very low and I purchase it very low price and hold them and and good profit to me.
Mainly the purpose of the project (how it will affect the whole community and if it has a large market opportunity) and if it has a great management team (the team members should have worked together before in building successful technology companies, and bring a lot of experience to the table. They should be passionate about the community they're building and in serving their customers).
I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin
It should be noted that prices, the cost of the ICO and the current price, determine the potential for this generation to rise. There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin
For me it's the tech, the team, and the roadmap.
To be honest, Being in crypto and having the chance to invest on coins gave me a better income than my actual job. And I might actually considering an early retirement and be a full trader. 3 yrs of working and I have an equal income of my 4 mos in crypto. Thats insane!
Same for me, i invested for 2 months, and profit nearly 1 year income, may i'll leave job to full time in crypto. I see you want to be a full time trader, my advise is don't do that, just spend several hours per week to trade, and you need spend all of your time to research and find a good crypto to invest when price still steal. More profit and healthy, i swear 
Project and Team mostly, but lets not forget that alt coins can jump 400% percent over a week which big coins like Eth and Bitcoin can't do anymore.
Agree. The team is the most important one. You also need to know something about the products.
The low price of Altcoins are encouraging me to invest in it. Because i have not large amount in which i can buy or invest in Bitcoin. But i will invest in 4-5 good Altcoins from my small investment can be possible. So i buy Altcoins. I buy it for long term to fulfill my dreams and make my future bright.
Before you invest in any altcoin. Then you must look first Volume buy order and sell order, because buy order and sell order very important to determine value of the altcoin. I think you can invest in altcoin like ETH, LTC, DASH.
I am completely looking into solution given by product and competitor for particular product in some case i take chance with exceptional product like Tor-Q-all and Cappasity AI based products .
The persons encourage me to invest altcoins is my friends because they all invest the same ico and they gain a high profit.
Altcoins that are not as popular as bitcoins, ethereum, litecoins, etc. are worth investing because of the potential they hold. Given the market today where these key players are already pricey to buy amd hold, people are resorting to altcoins as a means to get started with crypto trading and surprisingly, some of it are turning out well for them. I think one of the things that you have to consider if you will be investing altcoins id the project team behind it. You have to make sure that such altcoins were developed with the premise that they will be useful in the real world too like bitcoins. Lastly, altcoins could generate the same value in the future so it should also be one promising factor to those interested buyers. You never know when these altcoins would become as popular as the ones mentioned above.
I usually look out for the project and the use cases it has in everyday lives. Also, I look at the team and see how experience they are. Community also plays a role, so I look at their social media channels to determine whether the team converses with their supporters, if they do then I believe the team is serious about their project.
it is for the future money.
I think first time we need to take a look the coins position on coinmarketcap.com then visiting their website to read their project and then i take a look in the market. Usually i look their history at least for 6 month ago, how it looks like, I'm watching the coin position in the market (every market that listed on coinmarketpcap). From this, I'm trying to determine and decide to buy or not and if the progress from that time is good then i will buy the coin and hold for a while and if necessary, i will do day trading for this coin.
First, the dev team needs to have experience, legit, sincere and has dignity. Second, I check if it has been backed up by any business entity or it has big partners, having these two means the project, roadmap, whitepaper, the price value and supply is good. Then we all know that the price value will appreciate and that is the time to invest in altcoin
Yes!I am encouraged to invest in any altcoin ; firstly,because my objective is to generate profit seeing that most altcoin has low prices and has the potential to grow in the future. Now, to achieve this investment plan, i consider the project team, road map and white paper.
Jump to: