What encourages you to invest in any altcoin? - page 7.

KingOfWinterfell01

full member

Activity: 504

Merit: 100

Quote from: Memoransom on September 27, 2017, 04:54:54 PM

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

Well, for one, there is one token everytime and a lot of them are cheap. Everyone of them is worth the investment and has a lot of potential to moon high and early. Think about it, there far more alt coins than bitcoins in total. So imagine investing $100 in every one of them.

KDjr

sr. member

Activity: 486

Merit: 250

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 coinmarketcap). 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.

EfterlysT

full member

Activity: 425

Merit: 109

A good investment opportunity encourages me, but to make sure it's not a scam you need to DYOR. I am also encouraged to trade with good coins.

Labay

full member

Activity: 434

Merit: 100

Of course you need to have a quality token that has a good project or ICO before you going to invest. I suggest that don't try to do long term investment at some new coin and also investing using your all money on one single coin that are not sure.

I don't have any experience about investing on new token because there are too many coin that release now and it is too hard to find a good one. So I invest my money using long term investment at bitcoin.

anthreelis

newbie

Activity: 100

Merit: 0

well the thing which encourages me to invest in altcoins is that I want to increase my portfolio in bitcoin and altcoins help me to do that but you have to careful because altcoins are a bit risky.

KoBaTeJIb

sr. member

Activity: 333

Merit: 250

For me it depends on the team experience, on the industry they are focused on, what breakthrough technology they offer. Then I look into the kind of profit I can get, if it's a good quality coin or not, if it has future or not.

phucphotphe.09

newbie

Activity: 93

Merit: 0

Most important for me is professional team. I hate it when the team engages with petty arguments on Twitter, ban supporters who question decisions and have a bad attitude towards naysayers. A team should be able to argue why their coin is worthy of investment, not ban anyone who questions its fundamentals.

vidiep100100

newbie

Activity: 71

Merit: 0

I always check how the projects run and how their team and advisors work. I also check their whitepapers and check the price and numbers of their token. Then, when I think the project/altcoins was good and has a potential. I start investing.

bountyhunter433

newbie

Activity: 70

Merit: 0

Mine reason why I'm getting into ICOs now that for the past 1-2 months was that I've started to believe in altcoins, there was huge shift away from the testing phase.

namtran694

newbie

Activity: 94

Merit: 0

I read first the whitepaper then look for the management team if they are trustworthy. Last thing I look for is vision of project developer it is more on personal judgement but it is important because We all know there's a change that the project will not materialize.

sawsaw987jig

newbie

Activity: 98

Merit: 0

The main motive is certainly the hope for the rich, as it happens today that to get profit in real investment of course very difficult and need patience, we are not easy to profit if property investment, but with investment cryptocurrency then the results can we enjoy in less than a year .

ngocson1923

newbie

Activity: 98

Merit: 0

So many facts and figures are required to make such decision, Like altcoin's supply in market. It's sophistication. It's potential of being rise in value in future. Higher ROI. It's trends in the past.

msadikot53

newbie

Activity: 39

Merit: 0

Start by doing some research on the team and promoters behind the project. Do ensure first that they are not the ones who are involved on scams back in the past months or years on ICO world.

Moreover, we have to research on some other things like as Theme and goals of the projects and Technology used which indeed needed for current generation before investing in any altcoin.

White paper for the project is a good idea to start with. You can have a better understanding of the whole vision of the team and the overall project direction.

buimangai1234

newbie

Activity: 98

Merit: 0

Altcoin is good for investment. They can do X. The main thing is to choose the right coin. This is for investment. For traders, Altcoin is good for trading. Trading Altcoin paired with bitcoin can increase the number of its bitcoins.

KseniaLard

jr. member

Activity: 196

Merit: 1

You should look at the new coin, and then see where it can go. Maybe this is the next Ethereum and 100X? Does it have solid foundations, a good team behind it, press? These are questions that need to be asked.

jaksdhnz8288

newbie

Activity: 84

Merit: 0

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!

akishang

member

Activity: 434

Merit: 18

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

The first thing I look at is the demand of the coin. Regardless of how good the team is, if the product is not needed, the coin won't sell. I always look for coins that offers future technologies like AI robots, banking and another crypto exchange site. I also check if the pre-sale is sold out. I know I am missing the offer of the presale but I think its much better than investing to presale only to know that I am one of the few people who bought the coin. Hate to be part of the failed ICO. I play safe all the time.

Tengcreneng

newbie

Activity: 144

Merit: 0

Yes, you are right, there are many altcoins that continue to grow in the crypt today. So we also have to increase the level of the selection of coins that we will buy. What to note in the purchase of coins, in my opinion, is The quality of its coins, graphs of the development of coins, its prospects, the potential and popularity of coins, as well as the community of coins. Coins that already have a large community, meaning the coin has been trusted by many people in its development.

Iron@head

member

Activity: 168

Merit: 10

I think I missed Bitcoin, so I don't want to miss this opportunity again. So I invested in the cryptocurrency world. There are too many injustices and opacities in the real world, but there are many issues that can be solved through data here.

labilaab

member

Activity: 616

Merit: 11

TRADE WITH NEGATIVE FEES

No one, its just me.I just happen to notice that many are profiting big and so fast in investing altcoins compared to just rely on Bitcoin. Most specially to this less $1 coin that are surpassing their ICO price right after being listed in CMC and many exchanges.Their profit is very big that entice me more and then I started investing on it but so far no luck of even triple profit. Grin

Topic: What encourages you to invest in any altcoin? - page 7. (Read 7218 times)