The ritual could be summarized like this, test the waters of buying altcoin with one foot always before diving in! This tips are instructional and very important for investors and traders in cryptocurrency, it could save you from divastating loss!
And we also need to study, learn, do research all the time. Not everyone is lucky to have it all on sheer luck. Before investing we need to do a lot of work. 
Topic: What I do before buying an altcoin! - page 6. (Read 4179 times)
For me before buying an altcoin is to make sure that many communities join and have ideas or advantages that other altcoins don't have.
Before I buy altcoin, I usually make an analysis of its fundamental and technical indicators, as well as study the news regarding the latest events around this altcoin. The most profitable trading for me is trading on news, especially when altcoin is listed on large crypto exchanges such as Binance, OkCoin, KuCoin, Bittrex. Telegram channels which sell information about the upcoming listing help to make a bargain in time.
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
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/ , https://walletinvestor.com/forecast
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
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/ , https://walletinvestor.com/forecast
5.Watch this tool from investing.com - find here the explination: https://bitcointalksearch.org/topic/m.29503403
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!
dont follow walletinvestor they are crap. and they dont stick to the predictions. predictions made on one day may be different on the website the otherday.
other than that its fine.
Yes it is true, predictions will only make the thing worst in any scenarios. If you want to know the future outcomes of your choices, first, inspect their graph, do make your own practice and understanding of the graphs presented by the altcoin and bitcoin that you prefer.
I know people who buy altcoins by signals from certain groups , but first you need to find a group and buy a signal from it to buy.
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!
Team's ideneties may be stolen with ease, so I prefet to contact these people and ask them about the project. It helped me several times already.
before buying an altcoin i always make a lot of research first and i think the importance here stand in everyday looking the crypto and having more information for those.
Before you buy any coin, you need to study all the available information that you can find about it, and only then open the chart and find on it a reasonable price for you to buy.
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 ritual could be summarized like this, test the waters of buying altcoin with one foot always before diving in! This tips are instructional and very important for investors and traders in cryptocurrency, it could save you from divastating loss!
A prerequisite before the start of investment is a thorough study of the selected project. You need to protect yourself from the risks and possible loss of money. Therefore, carefully review the project, its rating, prospects, development team, technology and development strategies.
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.
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.
Another good idea is analyze images of ico web site and profiles pictures for plagiarism.
There is a plenty of fake ICOs around.
Pay attention to this fact.
There is a plenty of fake ICOs around.
Pay attention to this fact.
Check-list is very necessary here and I agree that it will be more profitable and safe way to have a deal with coin after the doing this one. I have my own one too.
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.
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!
Before you start investing in a specific project, you need to be sure of its potential for successful development in the future. To do this, it is imperative to examine information about the developers, technologies and development strategies. It is impossible to completely eliminate fraud, but at least it will be possible to reduce the risks for your investments.
if I directly analyze the altcoin from the project and whether it is very useful or not and how the graphics from the altcoin are.
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!
A prerequisite before the start of investment in any project becomes its careful study. Including to conduct a thorough study of the project, determine the qualifications of developers, the benefits and relevance of the proposed ideas and technologies, the real prospects for further development.
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