Topic: What is your best strategy to determine if the coin will be profitable? - page 3. (Read 3765 times)
May 01, 2017, 07:54:04 AM
Actually there is no way to know if the coin is profitable because no one can predict its price but with the methods you mention you can avoid to lose money investing to those shit coins.
May 01, 2017, 06:20:27 AM
To me I don't have much a strategy that I will say its okay, but, following up the price list of coins in different sites or maybe a particular site of your choice can also help, i. e the rise and fall of different crypto currency in price.
But there is also risks behind it, also how to be patience and observant to these coins.
But there is also risks behind it, also how to be patience and observant to these coins.
May 01, 2017, 01:51:35 AM
I do a research for all the coin i trade, i do not only consider the great value i always check the project of this coin. And time to time i do looking in the market value if the volume of the coin is continuous increasing. Also check the demand and supply of the coin ill trade.
May 01, 2017, 12:52:18 AM
To determine exactly what coin have a good roadmap see first its credibility in the market .Yes , research more further about it not only basing on their articles .Check the team foundation and its projects if attainable and in what exchanges this coin is available in that way you can see the potential of a good coin if so.
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May 01, 2017, 12:25:52 AM
1.just to add on what has already been said but an active team of the altcoin should be a good sign
2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
Research is the best key for traders to have a successful trading performance in the market. Most of the scam coins are easy to determine if you don't find any information about the coin or the team then it is probably a scam coin or project, it is better to invest on a transparent project rather than anonymous because it is very risky.2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
The best way to determine if a coin will become profitable is by investigating the people behind it. Also check for its business model. See whats the purpose of their coin.
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
i am agree with you and for research we can do in many ways, one way that i know and already do is watching the movement from the coins that we want to buy. if there is a good spread price and i think i can join to the party, then i will buy the coins and if i have the coins, i will decide in how much i want to sell.
if you see there is scam coin or project and your feeling said that its not good to join with them, then don't push to join because you can not make profit from the coins and its better to search the other. although if to find the best invest for the project, i am sure if we want to search with careful, we can found one or more project so we can making good invest with their project.
May 01, 2017, 12:19:21 AM
Hello,
Please guys help us newbies to start trading by not wasting time on bad method to determine profitable coins.
What is your best strategy to see if the coin will be profitable or not?
I am not telling that there are steps which guarantees if the coin will be profitable, but just asking what steps you using?
I saw that good method is to read news,forums about particular coin, but which websites to check, what should I look in the articals, news?
thanks
You are right , The article or news about the particular altcoin may have the increase in the price because more and more people again remember the coin and Invest to get Profit for future but reality in this case is that the increase in the price mostly take place only for small times .Please guys help us newbies to start trading by not wasting time on bad method to determine profitable coins.
What is your best strategy to see if the coin will be profitable or not?
I am not telling that there are steps which guarantees if the coin will be profitable, but just asking what steps you using?
I saw that good method is to read news,forums about particular coin, but which websites to check, what should I look in the articals, news?
thanks
So if you can take your hardwork about new new articles to find out about the particular altcoin then Ofcourse you can make better earnings .
But beside these ways there is another way for the earnings , just see the graph of the particular altcoin and see the base price of the altcoins and the condition on the current day , if you find that the price of that altcoin is really low of the month then just buy and put it at advance sell with increase of 20-30% , in this way you can make better profit .
May 01, 2017, 12:18:05 AM
1.just to add on what has already been said but an active team of the altcoin should be a good sign
2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
Research is the best key for traders to have a successful trading performance in the market. Most of the scam coins are easy to determine if you don't find any information about the coin or the team then it is probably a scam coin or project, it is better to invest on a transparent project rather than anonymous because it is very risky.2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
The best way to determine if a coin will become profitable is by investigating the people behind it. Also check for its business model. See whats the purpose of their coin.
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
May 01, 2017, 12:10:27 AM
1.just to add on what has already been said but an active team of the altcoin should be a good sign
2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
Research is the best key for traders to have a successful trading performance in the market. Most of the scam coins are easy to determine if you don't find any information about the coin or the team then it is probably a scam coin or project, it is better to invest on a transparent project rather than anonymous because it is very risky. 2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
The best way to determine if a coin will become profitable is by investigating the people behind it. Also check for its business model. See whats the purpose of their coin.
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
April 30, 2017, 10:27:06 AM
1.just to add on what has already been said but an active team of the altcoin should be a good sign
2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
2.Project has to have a clear cut plan on what they intend to offer to their users and has to be unique
The best way to determine if a coin will become profitable is by investigating the people behind it. Also check for its business model. See whats the purpose of their coin.
Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..
April 30, 2017, 08:24:25 AM
The best way to determine if a coin will become profitable is by investigating the people behind it. Also check for its business model. See whats the purpose of their coin.
April 30, 2017, 07:02:11 AM
Thanks for your all answers guys !
You gave many useful and interesting tips.
I just want to start trading and get at least 1% roi each day, what you mean, its easy or hard reachable ?
You gave many useful and interesting tips.
I just want to start trading and get at least 1% roi each day, what you mean, its easy or hard reachable ?
April 29, 2017, 09:36:23 PM
My best strategy to find out what kind of altcoin will be profitable is by doing a lot of research about the top 10 altcoins in the market and also staying updated to the news of the altcoins and also by observing the charts if it is a down trend or not and i will just do those things very often and because of that i can buy at least a higher chance of a right buy and sell it to a decent price.
April 29, 2017, 09:32:49 PM
Read the whitepaper. See if there is anything unique about the coin. If there is something unique is it something that will interest the masses? That's what I'm looking for.
April 29, 2017, 09:12:57 PM
I would rather see the volume and development of the coin through their social media or website ico, for example if in social media they post something interesting like cooperate with whatever it's worth reckoning or you can see their ico thread in bitcointalk altcoin Announcements (Altcoins).
Are you try to say that we should trust what the founders and the developers of the project behind the ICO fully, and taking no regard if they are scamming or not? Good luck with that. You are surely going to lose all your money.
April 29, 2017, 02:54:22 PM
There are so many guidelines here on bitcointalk that you need. Just keep reading and searching and you will find them. Try to look on altcoin discussion and trading discussion.
I think altcoin trading is quite a lot becoming like gambling. You don't know what would happen but one thing is different from gambling, you don't how how much your coins will grow, while in gambling the possible winnings are fixed. Although we can't predict correctly but some indicators can be used like if the coin is going up at a rocket speed then usually its good to invest some and quickly sell after a rise.It doesn't matter how shit the coin is, if it is on btc-e, a whale will pump it from time to time. Look NVC, it is one of the most shitty coins out there yet it went to 4$ from 1$ lately. And only a btc-e whale himself pumped it. Impressive.
You are giving strategy to identify the potential of an altcoin just based on where it is being traded. A new perspective. Only through strong and in-depth watch we can make conclusion, I am interested to go as per your strategy. Let me see how useful it would be. 
April 29, 2017, 01:47:06 PM
If it gets listed on btc-e, than it is most likely to get a huuge pump. This strategy never fails, that's my observation over the years.
Sure coins like ftc and trc got delisted but before that they pump and dumped the shit out of them. I was laughing at dash when they listed it. It was 10$ or smth. Look what happened now. Same goes for eth. It was a 9$ coin.
It doesn't matter how shit the coin is, if it is on btc-e, a whale will pump it from time to time. Look NVC, it is one of the most shitty coins out there yet it went to 4$ from 1$ lately. And only a btc-e whale himself pumped it. Impressive.
Sure coins like ftc and trc got delisted but before that they pump and dumped the shit out of them. I was laughing at dash when they listed it. It was 10$ or smth. Look what happened now. Same goes for eth. It was a 9$ coin.
It doesn't matter how shit the coin is, if it is on btc-e, a whale will pump it from time to time. Look NVC, it is one of the most shitty coins out there yet it went to 4$ from 1$ lately. And only a btc-e whale himself pumped it. Impressive.
April 29, 2017, 01:40:26 PM
You can't be sure 100% sure in trading. As far as i know trading is basically assumptions that the price is going to increase of decrease according to market movements. Trading can be done with ico coins also as there is a really high chance for a increase in price but it is really risky as there is a chance of losing everything.
Yes and that is the reason you see most of the people are always looking to hunt bounties then actually invest in the coins. I believe a coin that gives away too much during bounty or promotion time may end up being dumped. If you would give away enough coins in the market to guys who just want to dump it then the coin might never gain success.
These are little things but impact the coin's growth on a large scale !
April 29, 2017, 01:21:22 PM
Please guys help us newbies to start trading by not wasting time on bad method to determine profitable coins.
What is your best strategy to see if the coin will be profitable or not?
I am not telling that there are steps which guarantees if the coin will be profitable, but just asking what steps you using?
I saw that good method is to read news,forums about particular coin, but which websites to check, what should I look in the articals, news?
First I try to see if the coin has good liquidity and what exchanges is the coin listed at. You won't see a rubbish coin listed on most exchanges and liquidity won't be there at all. What is your best strategy to see if the coin will be profitable or not?
I am not telling that there are steps which guarantees if the coin will be profitable, but just asking what steps you using?
I saw that good method is to read news,forums about particular coin, but which websites to check, what should I look in the articals, news?
But, that been said there have been coins that grew very rapidly and then got added to exchanges later on, I guess it's more about looking at the team and the people working behind the coin. If they are transparent and ready to interact with public it gives me a good feeling.
April 29, 2017, 12:55:59 PM
The active development from the entire team. Perfect way of spreading. Mainly a good number of coin generation than much bigger number which is not that easy to distribute. Very important one is the listing on the popular trading websites which is a must to the successful functioning of the coin with growth.
And a good idea behind the coin. Some time ago I saw a coin named concoin which had a terribly idea of giving the coins to the prisoners, I mean in what world you would think the prisoners are allowed to use crypto and coins ? Seriously insane !So, along with team and the work there is another important aspect, the basic idea.
coming from the target venue will be profitable for those early investors, i believe that reviewing what the project offered and how people around will be able to embrace the system.
April 29, 2017, 12:51:37 PM
The active development from the entire team. Perfect way of spreading. Mainly a good number of coin generation than much bigger number which is not that easy to distribute. Very important one is the listing on the popular trading websites which is a must to the successful functioning of the coin with growth.
And a good idea behind the coin. Some time ago I saw a coin named concoin which had a terribly idea of giving the coins to the prisoners, I mean in what world you would think the prisoners are allowed to use crypto and coins ? Seriously insane !So, along with team and the work there is another important aspect, the basic idea.
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