Topic: What is your 3 most important factors when deciding what cryptocurrency to buy? (Read 804 times)
April 24, 2018, 08:05:48 AM
If you are talking about the new coin the first thing I do is always read the Whitepaper, 2nd is checking the team of that coins if the team members are well educated and wall reputed because a Good team can manage good coins. 3rd and final think I used to check is the concept of that coin and technology behind that coin because solid concept and technology are must for a coin to become successful.
April 22, 2018, 09:52:08 PM
For me, these are the three most important factors:
1. How advanced is the technology behind that particular altcoin
2. The rate of increase in user-base for the last 2-3 months
3. Number of major exchanges in which it is traded
1. How advanced is the technology behind that particular altcoin
2. The rate of increase in user-base for the last 2-3 months
3. Number of major exchanges in which it is traded
April 22, 2018, 09:50:02 PM
The first thing I look at is the age of the crypto currency and the activity of developers, the second is chart. For investments, I choose crypto currencies created for people
April 22, 2018, 09:44:27 PM
1. Is the coin/token currently undervalued -or- plenty of room for increase as young project develops?
2. Is there an actual use case for the coin/token that will drive demand?
3. Active outreach from devs, where they keep the community updated on progress.
2. Is there an actual use case for the coin/token that will drive demand?
3. Active outreach from devs, where they keep the community updated on progress.
April 22, 2018, 09:40:35 PM
Here is what i personally follow to know if an altcoin is a good investment:
1. Know your coin - When you find an altcoin that interests you, go deep. Study how it’s being used. Talk to people who use it. Talk with the development team. Look at its adoption rate, its potential market size, its price history. These things will give you confidence in your winners and losers — and confidence, as we’ve seen, drives price. A basic rule of thumb is don’t invest in what you can’t explain.
2. Believe in your abilities and judgment -Without belief in yourself, you will be subject to the whims of crypto whales. You’ll start to believe predictions of unlimited sunshine, or fears of permanent gloom. This makes long-term investing an internal game as much as an external one. You have to master your own emotions, being careful about speculation, FOMO, and FUD.
3. Understand the market is never predictable - You cannot predict how the market will behave. If this is true for the traditional stock market, this is many times more true for the altcoin market. It’s like strapping a rocket on a roller coaster.
Note: some of these were taken from online sources
1. Know your coin - When you find an altcoin that interests you, go deep. Study how it’s being used. Talk to people who use it. Talk with the development team. Look at its adoption rate, its potential market size, its price history. These things will give you confidence in your winners and losers — and confidence, as we’ve seen, drives price. A basic rule of thumb is don’t invest in what you can’t explain.
2. Believe in your abilities and judgment -Without belief in yourself, you will be subject to the whims of crypto whales. You’ll start to believe predictions of unlimited sunshine, or fears of permanent gloom. This makes long-term investing an internal game as much as an external one. You have to master your own emotions, being careful about speculation, FOMO, and FUD.
3. Understand the market is never predictable - You cannot predict how the market will behave. If this is true for the traditional stock market, this is many times more true for the altcoin market. It’s like strapping a rocket on a roller coaster.
Note: some of these were taken from online sources
April 22, 2018, 09:38:31 PM
I decided to buy krypto currency because: 1. Strong team and team credibility 2. sustainable project 3. listed in 100 coin market cap
April 22, 2018, 09:32:28 PM
The first one is the potential, I will try to read the whitepaper and the site the goal of the coin, what will be the vision of the coin, the second one the team, the strong team is very important, new coin need a good team to attract investors and handling problem, and the third one is how they commit to their goal, usually they got roadmap to show us the progress, a good project need to be punctual to the roadmap
April 22, 2018, 06:31:01 PM
as trader manages with the good backup on resource,
the decision might have with stronger on precision as might to put with the request as delivering amounts of returns with the plan..
the decision might have with stronger on precision as might to put with the request as delivering amounts of returns with the plan..
April 22, 2018, 05:55:55 PM
I think before investment you must have these most important factors that helps you to buy bitcoin,
Fully amount invest in one time or make some other plans to invest for example I think like me invest in 2 position to makes the market investment one is in low position and the second is the most low position that is the dark low position,
Fully amount invest in one time or make some other plans to invest for example I think like me invest in 2 position to makes the market investment one is in low position and the second is the most low position that is the dark low position,
January 23, 2018, 04:54:54 PM
before investing, i am looking to:
1) the project idea and how many competition in this fiel of activity.
2) the token utility
3) the team and how they answer to technical questions and critics.
4) roadmap
1) the project idea and how many competition in this fiel of activity.
2) the token utility
3) the team and how they answer to technical questions and critics.
4) roadmap
January 23, 2018, 03:50:38 PM
Check out this new coin, already on exchange! ROI looks very good! Medical Cryptocurrency with Masternode and Privacy!
https://bitcointalksearch.org/topic/ann-medic-coin-foldinghome-gpu-mining-masternode-coin-2753447
Do your own research, study your own investments
and luck will come to you
https://bitcointalksearch.org/topic/ann-medic-coin-foldinghome-gpu-mining-masternode-coin-2753447
Do your own research, study your own investments
and luck will come to you January 23, 2018, 11:18:45 AM
you need to follow the project. for the team, who they are. where they come from, what they have already done. Typically, this information is not a secret. But this does not mean that newcomers do not have a chance. It happens that young projects with young developers do just miracles! Therefore, in addition to collecting analytical information, I would still trust my intuition.
January 23, 2018, 11:11:01 AM
If you think some of the major factors to consider, if you are going to buy is/are the team, idea, and a lot of people talking about.
You might to take a look and consider the Daneel project. In terms of team, Daneel is in partnership with the IBM Watson. In terms of Idea, Daneel is the first A.I. created that will help you in your cryptocurrency investment and guide you with the best information you need. A lot of people talking about as of now even though our ICO haven't released yet we already reached 5000+ whitelist members.
You might to take a look and consider the Daneel project. In terms of team, Daneel is in partnership with the IBM Watson. In terms of Idea, Daneel is the first A.I. created that will help you in your cryptocurrency investment and guide you with the best information you need. A lot of people talking about as of now even though our ICO haven't released yet we already reached 5000+ whitelist members.
January 22, 2018, 06:42:22 PM
For me most important is:
1. Popularity.
2. Total supply
3. The main idea/ the goal of the project
4. The team behind it
5. The price
6. Community
1. Popularity.
2. Total supply
3. The main idea/ the goal of the project
4. The team behind it
5. The price
6. Community
January 22, 2018, 06:09:52 PM
1. Their mission / whitepaper / roadmap
2. Total supply
3. The team behind it.
I prefer an active team / developer, because then I can feel more comfortable / safe while putting my money in the coin. Oh, and products matters too!
2. Total supply
3. The team behind it.
I prefer an active team / developer, because then I can feel more comfortable / safe while putting my money in the coin. Oh, and products matters too!
January 22, 2018, 05:59:45 PM
Before buying I consider the idea of the project on the website and on whitepaper, the dev team that works on it for its popularity, and the other one is the volume of the market to know it such coin has an active market.
January 22, 2018, 05:57:17 PM
For me, I'd say: Team and advisers, product and token utility, and use of the technology...
If it's an ICO I focus on MVPs or alpha, at least to see that the team made an effort compare to whitepaper projects
If it's an ICO I focus on MVPs or alpha, at least to see that the team made an effort compare to whitepaper projects
January 22, 2018, 05:54:16 PM
1. the goal of the project
2.developers's experience
3. amount of investment
We can sort this way, it can occur in a variety of situations
2.developers's experience
3. amount of investment
We can sort this way, it can occur in a variety of situations
October 15, 2017, 09:57:17 AM
Here are the factors that i always look out everytime i buy an altcoin:
1. I always make my research about the credibility of the team. An active developers is a must!
2. The impact of the project to the people. If it is a "talk of the town" then it's a very good project coz people won't waste their time if they don't see a big potential on the coin.
3. Lastly will be the coin supply.
1. I always make my research about the credibility of the team. An active developers is a must!
2. The impact of the project to the people. If it is a "talk of the town" then it's a very good project coz people won't waste their time if they don't see a big potential on the coin.
3. Lastly will be the coin supply.
October 15, 2017, 09:56:42 AM
Features - what does this crypto offer, what problems does it solve, why does it have value?
Team - do they have a competent team, do they have experience, do they have a strategy?
Price - has it pumped already, what is it's % of total crypto market cap, are their competitors?
That's pretty much how I look into each new coin I discover, and even old ones I come back to.
Team - do they have a competent team, do they have experience, do they have a strategy?
Price - has it pumped already, what is it's % of total crypto market cap, are their competitors?
That's pretty much how I look into each new coin I discover, and even old ones I come back to.
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