Topic: What is key buying criteria for you to buy an altcoin? - page 5. (Read 573 times)
the first thing is to read the whitepaper, the quality of the project and his team, then the project advisor and the roadmap. after that see reviews on some sites and discussion forums. the last step I usually use the feeling to choose it.
Without reading and understanding you may even profit from luck, but you do not want to play dice, then the first step is to read and study the coin and everything related, do not forget to observe the groups and speculations of the currency, in relation to graphics should be a training and study the part, in the free time.
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
You have to look at different aspects. Most established coins in the market have good teams behind and a road map that tells you where they want to go. That would tell you that that coins will stay and will be profitable. Even icos. If it looks fishy try checking their sites if they have detailed plans
Project rate where that altcoin has been, Project proposal where is it more important to used that altcoin and if it will be indemand if the the operation will begain. And of course do not forget the trust rate of the members of that team or in the board member profiles. And if there is no negative feedback or news on that project, it's likely to be assured that this altcoins will be potentially big enough in the future.
If the idea seems good, the wp is not full of air and the team members have some kind of experience.
I would say and give more trust on the top 5 most popular altcoins, it is no brainer they became popular since they performed well as well as people trust them. But if you really want to be technical on coin stuff you need to exert a little effort on research. First you have to see who are the owners see their credibility, read the whitepaper and check the road map of the coin if all is good in your perspective then your good to go, but since this is a high risk business you have to be ready always on how it turns out.. It could be good..or worst it could be bad.
Here are some of the things I personally look at before even considering an investment.
Cryptocurrency Market
Value Drivers
Basic Due Diligence
Cryptocurrency Market
Value Drivers
Basic Due Diligence
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
In all cases, the White Paper of each of the Altcoins is the key to me. Only with its help, I determine whether I will invest in this cryptocurrency or not.
Team, project, total supply, whitepaper, technical paper, also get reviews at bitcointalk, reddit, cryptocompare, check youtube. And only then decide.
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
Well, the key that i use for reference is the graphic or chart pattern and the most one is news. Because news always make big impact sometime bigger than that news itself.
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
I would say all of them , because you must consider various aspects before try to invest in the crypto, if you are only try to consider a single thing that doesn't give you a lot of guarantee. But the community support must become very important thing in my opinion because that's reflecting the trust by the investors. 
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
It depends on the intention, if it is just a short trade then for the most part I couldn't care what the coin is, as long as the numbers look good then I'm in. For longer term holding then it's all about believing in the actual idea and then the team who are going to execute the idea.
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
Oh, also you need to have a good entry point. Even if I want to go into a coin, I will take a good look at recent supports and resistances in order to find a price that is not likely to drop in the short term.
See if they matched there own goals they set on the roadmap , check the bitcointalk topic, when it is self moderated i tend to stay away.
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
Oh, also you need to have a good entry point. Even if I want to go into a coin, I will take a good look at recent supports and resistances in order to find a price that is not likely to drop in the short term.
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
I will only buy altcoins that has potential to grow,or when the market bleeds like what happened earlier,that is the perfect time to buy alts,30-50% ultra sale is the best opportunity to get some quick profits. I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
If its an ICO, the team and advisors are the first thing I look into, but if it is after the ICO, I just try to choose based on the market acceptance, the value proposition and mostly the news about it.
Definitely do due diligence on the team behind the coin. Read white paper. Does it make sense? If not then I’ll ask questions to see if team answers satisfactorily. I’ll look at reddit and bitcointalk, look on youtube. Then I’ll look at price action, recent pumps, total coin supply.
I would like to ask you what is the key criteria for you when you decide to buy an altcoin? Graphic analyze, project quality, news or any other thing?
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