Topic: What I do before buying an altcoin! - page 10. (Read 4179 times)
I am most interested in the team and their background. I look at the whitepaper and the quality of the idea and the feasibility. I prefer some kind of working project instead of just vaporware. Because I do believe that good ICOs and Altcoins have a strong social communities where ICO and Altcoins staff, admins, investors, holders and supporters are discussing related and non related stuff regarding the ICO and Altcoin projects.
Before buying Altcoin, I always check prices and orders to buy and sell, I will also look at the trend of coins so I can determine whether it is more or will bounce. I did not take much research to buy altcoins and for me, it was enough to choose an altcoin which at that time was a high trading volume that allowed price movements to tend quickly.
There is a bunches of stuff over google, youtube and on this discussion to gain exchanging and separated from this numerous merchants are guaranteeing that their signs are extremely flawless yet sincerely one ought to do his own examination don't accept on others flags and ought to take in a few basics and technicals of exchanging before purchasing an altcoin and your above clarification is likewise right set aside some opportunity to look into before choosing any altcoin.
So I thoght this could be of help for some that also in search so they will also be inspired .. maybe they could also ad stuff arround here that could be of help!
Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
Before you join Crypto’s any of the coins, make sure you ask around on this forum, join all the groups on telegram, follow them on Instagram and even twitter accounts. It really helps, especially in case of PRG, ICX and XRP. Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
So I thoght this could be of help for some that also in search so they will also be inspired .. maybe they could also ad stuff arround here that could be of help!
Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
Very good suggestion during due diligence. I like that your research takes time around few days or week because it should be like that.
An intense research is required to be right on choosing some coins, and of course it will takes your time.
Before investing in cryptocurrency, I estimate its value at the present time and the dynamics of its price growth for different time periods.
So I thoght this could be of help for some that also in search so they will also be inspired .. maybe they could also ad stuff arround here that could be of help!
Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
In the cryptocurrency world there are a lot of coins that exist with different function. The competition is tight and it's up to the buyer how meticulous he/she is. And I do agree that you need to read more about the coins that might interest you. Join a forum cause it will help you a lot too. Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
This is pretty good, it is basically the same thing that I do before I buy any altcoins especially when it comes to buying new altcoins. There is just no telling what it is that will be happening with the coins but the best thing that we can always do is to arm ourselves with as much information as possible and this is a good way for us to do that.
So I thoght this could be of help for some that also in search so they will also be inspired .. maybe they could also ad stuff arround here that could be of help!
Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
You have posted good guidelines and this can help newbies like me to invest but I also notice that although the ICO are good and well manage some of them are still having a hard time reaching their softcap, or being paused by the developers for some unknown reason it is really a box of chocolate you never know what's in it. Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
So I thought this could be of help for some that also in search so they will also be inspired .. maybe they could also ad stuff around here that could be of help!
Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
Research it takes a few days/weeks so if u're in this fase take your time.
1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.
Doing this can be of help to get a sense of a really good buy... at least this is what I do.
What are your thoughts ? How do you do it??
Cheers!
That's a great idea.. it could help the beginners here in cryptocurrency world especially those who are taking the risk in investing or buying coins... It is really important to know because if we didn't do a research our coin is always at risk so we better know them first before taking an action..
Research is very essential before investing into any altcoin, because not all altcoins worth buying. Some are scam and so many have turned to shut coins.
I am very serious about choosing and buying crypto currency. So as not to risk and minimize possible losses. I'd rather spend more time. But I will choose a worthy crypt. And I wish everything.
I study the technology and all the official information of the developer. Then I look for any mention in the Internet news. Forums and social networks - find out what people think about the currency or what they already know. Price dynamics in the market. All this should be reduced to a single table and a correlation between the cryptocurrency and subsequent conclusions and risks.
before buying altcoin, do research. that is the first thing you have to do, multiply the knowledge about crypto and the coins you want to buy. then do market analysis.
I do this too, it helps in minimizing losses very much and your preparatory research is so useful for everybody here because I am sure not all of us do this list of doing.
Thank you for sharing your experience. You do a great and good job before you buy altcoyin. I am sure that you are making a profit. Be sure to take your advice in the future.
Few of altcoin like lite coin doge coin and Ethereum is good for investment while mostly a few of altcoin investors hold because of the risk and this is a good way to make investment in altcoin.
Whitepaper tells you almost everything, it just takes time to read it and you'll be fine. If there is enough hype around the project, it usually tells you yourself that it is worth buying. Also learn about coins and coin history, through coin prices over the past year.
It is very sad but the largest part of the guys do not even open this whitepaper. They trust their intuition (as they usually say) or ask questions about these cryptocurrencies on this Forum or in Google.
The first thing you have to do is determine about the use of the altcoin that you will buy, whether it's for trading, holding, gambling, etc.
After setting goals for the altcoin, you will be easier to manage it. And the most important is to choose Altcoin that suits your purpose so that it will really give you a lot of profit.
After setting goals for the altcoin, you will be easier to manage it. And the most important is to choose Altcoin that suits your purpose so that it will really give you a lot of profit.
Here are some helpful tips for new investors. Before investing in an Altcoin you need to consider a lot of factors to avoid being cheated by the fake Altcoin. You need to have sufficient knowledge before becoming a real trader before entering into this market. This article is just a useful tip for everyone and it is important for you to be yourself.
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