What I do before buying an altcoin! - page 5.

ufalo3

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Activity: 462

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Quote from: Awens on October 29, 2018, 10:23:44 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.

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.

Awens

member

Activity: 168

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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.

Hudora

member

Activity: 378

Merit: 10

Quote from: 01BTC on February 03, 2018, 03:57:48 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.

snakey

legendary

Activity: 1386

Merit: 1001

Quote from: AshdiD22 on October 27, 2018, 01:20:47 AM

Quote from: cryptofunn on October 22, 2018, 07:37:25 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.

AshdiD22

member

Activity: 392

Merit: 10

Quote from: cryptofunn on October 22, 2018, 07:37:25 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

jaja colleen

jr. member

Activity: 188

Merit: 2

Brings You A Time Trading Social Community Platfor

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.

RoryDennis

newbie

Activity: 156

Merit: 0

Quote from: 01BTC on February 03, 2018, 03:57:48 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.

bestcoins1

hero member

Activity: 2240

Merit: 725

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.

tranquangvinh

full member

Activity: 546

Merit: 100

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 .

gwaposakon

full member

Activity: 854

Merit: 101

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.

paveel90

member

Activity: 255

Merit: 10

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.

Rana590

sr. member

Activity: 1750

Merit: 267

Quote from: ngano ba on October 24, 2018, 10:38:21 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.

Neovitadi

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Quote from: namlong on October 26, 2018, 09:24:34 AM

Quote from: lancer10 on October 26, 2018, 07:07:18 AM

Quote from: chikucrypto on October 22, 2018, 07:52:36 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.

namlong

sr. member

Activity: 616

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Quote from: lancer10 on October 26, 2018, 07:07:18 AM

Quote from: chikucrypto on October 22, 2018, 07:52:36 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.

Balab01

member

Activity: 462

Merit: 12

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Quote from: elzjmirra on October 24, 2018, 02:39:36 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.

lancer10

full member

Activity: 504

Merit: 100

Quote from: chikucrypto on October 22, 2018, 07:52:36 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.

little.jane

member

Activity: 322

Merit: 10

Quote from: armack18 on October 22, 2018, 09:12:02 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.

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: 01BTC on February 03, 2018, 03:57:48 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 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

lorapalmer

member

Activity: 364

Merit: 10

https://bvo.trybravo.com/

Quote from: 01BTC on February 03, 2018, 03:57:48 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 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.

Fritz93

sr. member

Activity: 602

Merit: 252

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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