Topic: What encourages you to invest in any altcoin? - page 5. (Read 7229 times)
I think confidence that this coin has good potential and can achieve something big soon. Also it is ok to invest just to earn fast money. But anyway i prefer long term investments.
New altcoins are an excellent opportunity to earn. If the coin new and perspective that it very quickly and easily grows in the price. Therefore it is necessary to be able to find such new coins. But also it is possible and to lose all the investments on such coins. Therefore it is necessary to spend a lot of time for studying of the project.
To me it's the sum of having a good idea or product, a solid team, great metrics, honest documents, fair funding scheme, real world usage, do good project and a long term vision.
For example let's take Spotcoin. Soon they'll have their ICO. They sold only a tiny amount during presale, and without huge discounts. They try to be as transparant as possible. Team seems to be very honest and solid too (great NEO dev for example). Tokens for team are only 8% and are locked for a year. Plans are ambitious, but local approach makes a lot of sense. They are trying to get blockchain to the masses in the Black Sea region. Recently they released a legitimacy statement (https://medium.com/spotcoin/spotcoin-with-experience-comes-legitimacy-1adf04976299). Love it. Highly transparent. Go look into this project
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For example let's take Spotcoin. Soon they'll have their ICO. They sold only a tiny amount during presale, and without huge discounts. They try to be as transparant as possible. Team seems to be very honest and solid too (great NEO dev for example). Tokens for team are only 8% and are locked for a year. Plans are ambitious, but local approach makes a lot of sense. They are trying to get blockchain to the masses in the Black Sea region. Recently they released a legitimacy statement (https://medium.com/spotcoin/spotcoin-with-experience-comes-legitimacy-1adf04976299). Love it. Highly transparent. Go look into this project
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Well, the fact that I can get a good return on investment for some period, probably nothing else makes
There are many goals. It is clear that many bought altcoins with a speculative goal, to get more profit, but the market is unpredictable, some tokens make x on the long run, while others go to the bottom. but in order not to escape altogether, it is necessary to wait for the reversal and growth of the market, although it will be difficult to answer this question.
The team behind the project; how advanced are they? What projects have they developed?. Then the project in question; what's it's relevance in the crypto space and world at large. Lastly is the community, how are strong is the community. With this three I will directed in the right altcoin to invest in.
I'd rather look at, mostly, the team behind the project, also the other thing that motivates me the most are the low prices in the market, after all, the basic is to buy low and sell high.
Ny encouragement to invest in altcoin is the future goal and the anxiety of bitcoin price reduction. So, i make altcoin to alternative my saving, that if someday bitcoin price goes down and altcoin price goes up then i'm not confused with this problem because this problem can handled by altcoin.
I recommend you to pay attention to how the ICO went, what team stands and is the finished product
What makes me encouraged to invest in altcoin is certainly because of the opportunities. I see that there are many opportunities created in altcoins, with a wide variety of altcoins that have their respective potential for growth. This makes me challenged to be able to conquer the coins by earning big profits.
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
There are the couple of altcoins that really present what developers showed them to be. The truth behind investment in any altcoin is the promising project that will fulfill my expectations and also the expectation for whole community who have given the trust into the hands of developers of that particular altcoin. Altcoins are changeable and they have the power to influence the market very fast because every alt is based on its own unique system. The Investor is the one that can give the opportunity for specific altcoin to rise and when it rises fulfillment is met. There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin
Firstable depends on who is the company behind working on that particular coin, and their team members, CEO, engineer etc. Another factor i look what's their plan, what product they are working on, and what is the benefit of that product etc. However, These days you just can't invest depending on the white paper.
I try to invest in new promising altcoins that can give multiple profits.
For me, it makes me encourage to buy altcoin because it has a cheap price. Not like bitcoin that cost a lot of money before you can get at least a whole of it while in altcoins that it just only need a few bucks and then you can actually buy more than 1 amount of it so that is really attractive for me and that is why i put the majority of my money in altcoin. And also trading is the best way in order to have a bigger profit.
The technology, the use, the team behind it and also the advisors on the project goes a long way to determine the succeess of the project. Projects that solves real life problem with real plan and awesome team always end up successful.
Not only one factor encourages me to invest in altcoins
My friend has been disturbing to invest in altcoins but I refuse
One day he sold his coin and made a huge amount of money
Which I now regret not joining earlier.
so I move closer to him to enlighten me about it.
Now not only the money but also I have passion for it.
My friend has been disturbing to invest in altcoins but I refuse
One day he sold his coin and made a huge amount of money
Which I now regret not joining earlier.
so I move closer to him to enlighten me about it.
Now not only the money but also I have passion for it.
First of all, I look at the team that is creating the altcoin, the availability of the finished product/service, the activity in social networks and the media, as well as the potential for further development. In my opinion, these are the main characteristics that must be determined before investing.
I think there are a lot of altcoins lately thousands or even more. We all know that in the beginning the price is low, the market cap either which means there is a high potential of profit like 50% in short term and in long term more than 1000%
In many cases, the first acquaintance with the world of crypto-currency is through bitcoin, but experienced investors increasingly pay attention to altcoins. They make it possible to make quick money, but the risks associated with such investments are many times higher.
There are several strategies to be aware of before investing in altcoin, since such investments are significantly different from investing in bitcoin.
There are several strategies to be aware of before investing in altcoin, since such investments are significantly different from investing in bitcoin.
If the altcoin has real life practical purpose, and not a copy + a trustie team, tho this one is hardest to find out.
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