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Topic: What I do before buying an altcoin! - page 26. (Read 4202 times)

newbie
Activity: 114
Merit: 0
March 27, 2018, 02:43:15 AM
analyze the State of the market. doesn't have to be red to buy time because precisely should know well that the news or what caused the altcoin will drop and can be climbed again.
full member
Activity: 336
Merit: 106
March 27, 2018, 02:42:19 AM
Do your own research carefully before purchasing altcoins. Join telegram groups to ask what developments are. Read the whitepaper and also check the roadmap if it is followed. Also check if the reviews of the well-known people in altcoin you have purchased are good

#Datarius
sr. member
Activity: 798
Merit: 251
March 27, 2018, 02:41:55 AM
analyze it first before buying it because without analysis you will not get a profit. purpose for us to know about it and guess about when profit
jr. member
Activity: 187
Merit: 2
March 27, 2018, 02:40:38 AM
1. make sure an altcoin is not a scam
2. make sure the altcoin you want to buy is listed in the exchange site
3. always check in coinmarketcap, and buy altcoin in the top 20 (I think this is better than choosing a coin that is at the lower rank)
member
Activity: 294
Merit: 11
March 27, 2018, 02:31:04 AM
i completely agree with your advices. and i think that joining in telegram chat is the best way to know and understand about those projects. chatting with team to ask your questions.

Yes you are right because you will see there how their community are really active many people will assist your inputs there I also use Facebook, Twitter, Reddit, Slack, and ofcourse here Bitcointalke forums are the one really helpful to find more legit information when I doing some search before I am buying any altcoins.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
March 26, 2018, 12:12:21 PM
i completely agree with your advices. and i think that joining in telegram chat is the best way to know and understand about those projects. chatting with team to ask your questions.
legendary
Activity: 2030
Merit: 1028
March 26, 2018, 10:50:06 AM
IMO, altcoin trading far more riskier because the value still consider as volatile , unlike stock trading.
But I'm usually seek for long term trading rather than short trading so I try to find coin that have high volume and get list into top 100 coinmarketcap

Currently I'm hold : BCH and ETH for altcoin
member
Activity: 344
Merit: 11
March 26, 2018, 10:47:36 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!
Thanks for your advice, it will be very helpful and help me to make the right decision before investing in an altcoin.
full member
Activity: 406
Merit: 100
March 26, 2018, 10:45:35 AM
join the group like discord and telegram is very important , there u can see how people do , chat or something
because crypto are based from community
Don't blindly jump into any type of altcoins before that make some homework on altcoins, study about the coin and the history of the coin, go through the price of the coin for last one year. Totally before investing go through the credibility of the coin and then take the decision.
full member
Activity: 319
Merit: 100
March 26, 2018, 10:44:53 AM
Many possible ways to invest in altcoins as stated above post, but the most important is take risk because investment is more likely a gambling.
sr. member
Activity: 353
Merit: 250
Zichain
March 26, 2018, 10:33:26 AM
Read a lot of analitical materials, read the roadmap and look at the graph, listen to my intuation.
Onlly in this way it is possible to decrease  a risk of buing an altcoin.
newbie
Activity: 20
Merit: 0
March 26, 2018, 10:27:16 AM
Try Airdroping first. In any other case, WP tells you almost everything, just take time reading it and you will be fine. If theres enough hype around the project, that usually tells you alone that its worth buying
legendary
Activity: 1568
Merit: 1002
March 26, 2018, 10:19:24 AM
your message is very complete I appreciate and agree with you make, the most important is a project and also a team of trustworthy people. That's why I always search for skilled people who can help manage a project and then I can invest in their project, I'll do a thorough search to see if the project and team are good enough for the future or not.
sr. member
Activity: 462
Merit: 260
March 26, 2018, 10:17:07 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!

The same thing I do, especially if I'm having a hard time picking a good token. It's a good format for research, it's easy for you to know exactly what to buy.
newbie
Activity: 98
Merit: 0
March 26, 2018, 10:06:30 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 read about that coin on Quora. Some people there have neutral answers and they do all calculation for the potential investors.
full member
Activity: 812
Merit: 100
March 26, 2018, 09:59:32 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!
All of that is right way to do before you buy a coin or invest to that coin because of that you can avoid to some coin that may scam you or you know if that coin don't have potential.  Like all people said in crypto do a research first before you buy or invest.
member
Activity: 686
Merit: 30
March 26, 2018, 09:40:06 AM
join the group like discord and telegram is very important , there u can see how people do , chat or something
because crypto are based from community
sr. member
Activity: 2268
Merit: 275
March 26, 2018, 09:28:23 AM
I'm not too smart to read market charts but which need to be considered before buying an altcoin is to choose altcoin which at that time the volume trading is high that allows the price movement tend to be fast and good.
member
Activity: 364
Merit: 10
March 26, 2018, 09:21:21 AM
it seems that we are doing with how to find out what the potential of altcoin we want to buy if you are sure will provide high value for future investment then I say it is suitable for you to buy and hold it in time you have been targeting.
sr. member
Activity: 1582
Merit: 253
March 26, 2018, 09:12:14 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!
your suggestions and opinions I think I've done, it's important to see the roadmap, the white paper and the supporting team behind it because it's absolutely essential
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