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Topic: What I do before buying an altcoin! - page 19. (Read 4179 times)

newbie
Activity: 25
Merit: 0
May 18, 2018, 05:57:58 AM
Very helpful, because we will not be able to learn all the projects one by one. The more information such as how many percent of their target that has been achieved will be better for our capital to make choices.
newbie
Activity: 25
Merit: 0
May 18, 2018, 02:39:08 AM
Before buying an altcoin, you must research and analyze the situation of that altcoin, you can go to coinmarketcap.com, I recommend you buy altcoin in the top 20. let's see what the experts say about the altcoin you want to buy. Buying at a time when the market is falling deeply is a wise decision.
newbie
Activity: 84
Merit: 0
May 17, 2018, 06:58:02 AM
You should have to do a deep research for the coin in which you want to invest and have to wait for it for a few weeks to monitor its volume of trade on exchanges and its potential after that try to invest there. Smiley Smiley Smiley
sr. member
Activity: 462
Merit: 260
May 16, 2018, 11:30:21 PM
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!
Of course you learn what the supply and the demand of an altcoins.
Learn also what it can help people and how they are used.

Also read their white paper will help you figure out exactly what altcoins you will buy.
newbie
Activity: 40
Merit: 0
May 16, 2018, 11:26:56 PM
Maybe seeing altcoins in coinmarketcap is a big help. Their you can see how coins have become in the past months. Join group members in telegram and other social medias so you will be personally guided by other members. Grin
newbie
Activity: 110
Merit: 0
May 15, 2018, 01:29:53 PM
I heard a lot about telegram groups for discussing cryptocurrency topics. But I am actually not a member any of those groups. Most of the time I discuss the matter here and this platform is fully suitable for me.
Your first impression of the coin is how they present itself to their customer on their website.  Take a holistic approach and read over the whole site.  Does it appear someone just threw it together?  Does it read well and make sense? If the answer to any of these questions is no then you should immediately start taking note something is wrong.
newbie
Activity: 182
Merit: 0
May 15, 2018, 01:25:58 PM
Yeah you are right, I seconded your post, the problem with people is that they don't do any research before buying any coin, they just do choose a coin and buy based on hype and some of the hype could be as a result of pump and dump group. always do your research before investing in any coin. that's way you will make the best profit from cryptos.
full member
Activity: 336
Merit: 100
May 15, 2018, 01:17:19 PM
I heard a lot about telegram groups for discussing cryptocurrency topics. But I am actually not a member any of those groups. Most of the time I discuss the matter here and this platform is fully suitable for me.
newbie
Activity: 168
Merit: 0
May 14, 2018, 03:55:15 AM
Before I buy it, I look at the previous value and the next values. I buy things at the lowest level, and when I start to rise, I sell and I am profitable. If you do not watch, you lose.
hero member
Activity: 1176
Merit: 500
May 13, 2018, 07:41:04 AM
The analysis of the coins that you carry out before buying looks pretty good, but I think that even with this analysis, you can stumble upon a Scam. It is necessary to divide your investment into several parts and invest in a fairly large number of altcoins.
legendary
Activity: 1162
Merit: 1000
May 13, 2018, 05:55:14 AM
Just remember for everyone who benefits someone else loses on the other side. Have a reason before entering each trade: Start a trade only when you know why you’re starting and have a clear strategy for afterwards.
full member
Activity: 462
Merit: 102
May 13, 2018, 05:48:03 AM
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!

I agree with point 6. I always do an in-depth research about the people behind the signature campaigns and the alt coins I'm really interested in investing on. This I believe is the point a lot of to miss out because they a lot of people blindly invest in alt coins without researching. Do your proper research everyone.
full member
Activity: 252
Merit: 100
May 13, 2018, 05:42:18 AM
I always look at the website of the project that I'm going to buy. I always try to pay attention to the little things that can be associated with the project. I think that very many little things just can tell about the project.
sr. member
Activity: 453
Merit: 250
May 13, 2018, 05:38:17 AM
Before buying any altcoin, be sure to learn about the project of the community behind the altcoin by looking at their social media accounts  and reading the white paper to get the idea of the coin.
newbie
Activity: 98
Merit: 0
May 13, 2018, 05:35:01 AM
Lets reseach each project and find to know clear information
full member
Activity: 448
Merit: 100
May 12, 2018, 07:16:47 PM
Before making any kind of investment, you should always do a good research about altcoins. Also, my recommend is that, you should read the whitepaper well and focus on the innovative ways of an altcoin.
full member
Activity: 448
Merit: 100
May 12, 2018, 10:50:43 AM
What you do is almost the same as I always do minus the icorating part, I never look at it because their evaluation is different from mine, I don't want other party to affect my decision so I always do the research myself, I look at their ann in this forum, join their telegram and ask a few questions to see how the dev answer it, do they understand their project or not.
sr. member
Activity: 644
Merit: 250
May 12, 2018, 09:58:17 AM
I have enough  time to study this project.and see how interesting and how many questions and opinions others have. in this way can I make a decision to  buy an altcoin!
member
Activity: 376
Merit: 10
May 12, 2018, 09:56:49 AM
you can buy altcoin by looking at the market and its developers. and also you can see for altcoin prediction that you want to buy.
newbie
Activity: 266
Merit: 0
May 12, 2018, 09:52:00 AM
look at the chart of the coin you will buy. then look at the volume of coins you will buy on some exchange. try to buy coins listed on a large market such as bittrex, poloniex, huobi or others

if your altcoin is still in the ICO process then you should analyze some aspects of the bounty program, such as team, adviser, WP and Vision of the altcoin
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