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Topic: What I do before buying an altcoin! - page 5. (Read 4205 times)

full member
Activity: 462
Merit: 100
October 29, 2018, 11:15:23 PM
Very effective and useful advice. Thank you for sharing it with us. The research on the team goes among the first items on my agenda. I think that people make coins so I look into developers and their background first.

I study the information about the company, look at their website. It is very important when you can learn about the company everything that happened to it in the past. Much depends on their advertising campaign and plans for the future.
member
Activity: 168
Merit: 10
October 29, 2018, 09:23:44 AM
Very effective and useful advice. Thank you for sharing it with us. The research on the team goes among the first items on my agenda. I think that people make coins so I look into developers and their background first.
member
Activity: 378
Merit: 10
October 29, 2018, 02:11:02 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!

It all will help you to get that project is real, but what helps you to find out that project is working and have good future? It is much more interesting topic.
legendary
Activity: 1386
Merit: 1001
October 28, 2018, 02:37:34 AM
When buying a coin, I always look at the fundamental basis of the project. I look at the price chart and select the entry point. Even if I enter the wrong way and go down, with minor drawbacks, I can sit in the coin until it recovers.
Right. Studying the roadmap helps to avoid big loss and know your exit point. Or your recovery timeline. Good point. Thanks
Roadmap does not guarantee anything. I have seen projects with great roadmap ends up scamming investors money. Here what one should look it feasibility of technology and credibility of team.
member
Activity: 392
Merit: 10
October 27, 2018, 12:20:47 AM
When buying a coin, I always look at the fundamental basis of the project. I look at the price chart and select the entry point. Even if I enter the wrong way and go down, with minor drawbacks, I can sit in the coin until it recovers.
Right. Studying the roadmap helps to avoid big loss and know your exit point. Or your recovery timeline. Good point. Thanks
jr. member
Activity: 188
Merit: 2
Brings You A Time Trading Social Community Platfor
October 26, 2018, 09:58:42 AM
Before buying a Altcoins research the project is very important so that we  can make sure that the Altcoins we buy is good and potential coin,and checking their website and roadmap to make sure that they are making good development to their project.
newbie
Activity: 156
Merit: 0
October 26, 2018, 09:53:22 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!
Well before buying a coin, make sure that you have to buy coins like Paragon, Cardano and Stellar. These are excellent. Go through the white paper.
hero member
Activity: 2338
Merit: 737
October 26, 2018, 09:41:10 AM
knowledge is very important before joining cryptocurrency and when choosing Altcoins we must analyze it first and my advice is better to buy the top 10 coins in coinmarketcap because it is already very good without doubt.
full member
Activity: 546
Merit: 100
October 26, 2018, 09:28:55 AM
Your advice is useful for bounty hunters and investors , that's also a way to choose a good project to invest or participate their bounty .
full member
Activity: 854
Merit: 101
October 26, 2018, 09:27:17 AM
You are indeed correct with your advice. No matter how great is the marketing campaign of a crypto project, always see to it that you did a detailed research about the crypto you plan to invest. Especially with the current market situation, only projects with high market potential makes it to the market and priced fair in crypto exchanges.
member
Activity: 255
Merit: 10
October 26, 2018, 09:24:19 AM
However, we all need to remember that most of tokens will be waluable only in several years, if everything will gone well. That is why you need to find way to check long-term reliability.
sr. member
Activity: 1750
Merit: 267
October 26, 2018, 08:31:45 AM
Before you will be into cryptos you should have very familiat about cryptocurrency, and one of  this is buying of coin ,in putting up or buying altcoins you should know the background of the altcoins , what is the other function if the coins ,and if this coin is stable , then you can have

I'm agree with you. I think also that before buying any coin at first everyone should know what is crypto currency and it's sector. Before investment on a ico, everyone have to check the ico and their social media. They also need to see that how potential the coin is and how strong the team is.
sr. member
Activity: 364
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
October 26, 2018, 08:26:31 AM
MY suggestion is before buying an altcoin you must collect all information about the project and about the coin like coin's price and data of the project then it will easy to you for the selection of a altcoin.
Yes, collecting all the information possible protects you from risks and money loss. Before investing we need to study the project from all aspects.
Knowledge is power, if you carefully study the coins that interest you, then you will be able to understand where it is worth investing and which coins have a future.
Studying the investments for coins that could make money is how professionals earn money through trading.
sr. member
Activity: 616
Merit: 253
Open and Transparent Science Powered By Blockchain
October 26, 2018, 08:24:34 AM
MY suggestion is before buying an altcoin you must collect all information about the project and about the coin like coin's price and data of the project then it will easy to you for the selection of a altcoin.
Yes, collecting all the information possible protects you from risks and money loss. Before investing we need to study the project from all aspects.
Knowledge is power, if you carefully study the coins that interest you, then you will be able to understand where it is worth investing and which coins have a future.
member
Activity: 462
Merit: 12
В поиске
October 26, 2018, 08:18:38 AM
Make an informed decision before you make an investment. Some that made my picture before I decide to invest. First I look at the coimarketcap, because of the website all prices coins can monitor. I prefer to invest in coins that are already listed on the Exchange.
The coins listed on the exchange are safer and I prefer using coinmarketcap app on my phone to help me decide. I try to get as more info as possible from as many sources as available.
full member
Activity: 504
Merit: 100
October 26, 2018, 06:07:18 AM
MY suggestion is before buying an altcoin you must collect all information about the project and about the coin like coin's price and data of the project then it will easy to you for the selection of a altcoin.
Yes, collecting all the information possible protects you from risks and money loss. Before investing we need to study the project from all aspects.
member
Activity: 322
Merit: 10
October 26, 2018, 12:46:32 AM
I  check their positions on the current market and compare them with their last corrections. It creates the trend and understanding of the future for the coin.
it's a very good approach. We need to have a vast perspective and see the big picture. Seeing the coin in the market context and making some predictions can save us time and money.
hero member
Activity: 826
Merit: 500
October 25, 2018, 03:23:58 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!

I this this is one of the best strategies. You should do a deep research on what you want to invest. Just after that you should do some actions
member
Activity: 364
Merit: 10
https://bvo.trybravo.com/
October 25, 2018, 03:21:31 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!

I always explore Internet and read informational platforms that can educate me more on crypto and quick changes at the market. It is also a good idea to socialize with your friends and people that are involved in crypto trading to exchange your knowledge and experience.
sr. member
Activity: 602
Merit: 252
October 25, 2018, 02:10:48 PM
I believe that the very first thing you must do when you buy a cryptocurrency is to accept the psychological loss of your investment. Cryptocurrency is a very risky business, and when you reconcile you will be able to sensibly assess situations and make objective decisions
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