What is your best strategy to determine if the coin will be profitable?

Yutikas_11920

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Quote from: bitbunnni on May 05, 2017, 01:33:27 PM

Quote from: RedX on May 04, 2017, 09:12:36 PM

Someone told me that just follow the development of the coins. Bitcointalk is already a good forum to check every coins because they all have announcement threads here. Just check it everytime and I am sure you can tell yourself if the coins are not scam and profitable.

I do not know whether this will be a good strategy, you know the station, but I also believe in the forecasts of experts who very positively speak about the future of Bitcoin and its cost. If you look at today's prices, they have already passed for fifteen hundred dollars and this was expected.

The future is indeed something very mysterious, because it can only be known by the creator. We as beings of creation can only pray and begging to be always given the best thing for our lives and success. So, it is now the experts have estimate or prediction that the price of bitcoin will be bigger than ever, but keep in mind to be able to achieve it all then the rotation of the bitcoin should always exist and quick, but supplies are very minimal. And the thing that can give it all just more user bitcoin then will give it

dossantosleite

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Many people saying that good strategy is to know more about the particular coin, research if the team is legit or not, BUT I don't understand one thing. Okay, i researched some coin, I saw that everything looks legit, team looks professional and so on, but does it mean that coin will be profitable? I mean, it happens that if the coin project is good, people in the team are legit, but alt coin fail for some reasons ?

Wintersoldier

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Quote from: OmegaStarScream on April 28, 2017, 09:18:17 AM

Are we speaking about the pre-ICO phase? If that's the case then you can't really tell If the coin will be profitable but you will definitely know If the project is something serious and not a simple shitcoin made by scammers. You should always take a look at the team members, escrow, read the whitepaper and have an idea how things are going to work, how the coin is distributed among developers, community managers, investors etc.

If the coin is launched already (say you are a few months/1 year late) then you should check the previous achievements and roadmap and how active the development is. See MaidSafe for example, even though they didn't deliver the project yet, we see weekly development changes and the coin is on the top 10 because everyone knows that this team will eventually deliver and everything is on progress (Beta, alpha, Final release).

Well said. If you are new on trying a coin you must always checked thing all about the project of the coin. Make sure to checked all the aspect of the project like the people who is supporting it. The community, manager and the people who take time to invest on the specific project. But if the coin has record you can easily determine its future on the market stock and the ratings of the coin users. And always remember that in all coin there is always a risk it just depend on how we are going to support the coin and also the developers idea to build it for more improvement and development for it to become profitable.

worldmobilecoin

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Quote from: radjie on April 28, 2017, 10:31:08 AM

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

By looking at how big the coin it will last a long time and can count on in the future.
Moreover you can also find out about the type of coin you mean by often read in a forum that discusses many of the coin, so that you can know the development of coin and can be profitable in the future.

@dossantosleite. You are right. To invest we need a working product. Think about the coin potential and usage for future. If you are in long terms investment. If just for short term like crypto trading in exchanger you can use some indicators.

Veider_lord

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Quote from: Sled on May 02, 2017, 11:53:46 PM

Quote from: gribble on May 02, 2017, 09:39:12 PM

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

My simple strategy in trading altcoins is buy on support and sell on resistance with use candle chart in analysis technical
time prime 5M-15M, it is short term strategy trading altcoins,
the weakness of this method is we must stay on the computers and always do stop lost, this method is not suitable for the traders
who doesn't have much time.

Great strategy that is one of the things i also do in shorting altcoins because i think that is the safe strategy to use when i'm in a short trading mode. It gives me only small profit because the i do have a small capital because i'm still mastering it with a right timing so when i get the right timing then i will put bigger capital.

It seems to me that this is the correct approach to a relatively short trade, Because if you take large volumes, you can not calculate your strengths and capabilities. Perhaps this is the right approach, even in that I earn Bitcoin on trade, you in turn get at least a little, but without risk.

Dimelord

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First of all,you should read articles related to altcoins and gather knowledge about older coins and newly released coins.You should try to know previous price history of coins and what is their main concept,who have shown investing in it,what is its market cap,should read its ANN thread and try to find the most under valued coin.Better start with a smaller investment and once you gain experience,then invest more.

KesoNie

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Quote from: dossantosleite on April 28, 2017, 09:11:15 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 should know how to trade first , and try to invest a little bit, for you to be able know how to trade. Choose a coin that are many investors so that you are not going to lose many money.

KennyR

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Quote from: deadsilent on May 06, 2017, 10:23:56 PM

Check the news about the specific coin you want to invest. Make sure the devs are well-known and active with their community. Also look at the roadmap and its feature. ICO can be profitable but very dangerous to jump in and buy. That's why you have to do make a research first.

As quoted making a research about the market situation as well the capital it has made is quite important to be known before making an investment. These days several ICO's have gained good profit and once the presale ends gets listed to exchanges. Recent days TaaS has made a big investment capital.

deadsilent

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Check the news about the specific coin you want to invest. Make sure the devs are well-known and active with their community. Also look at the roadmap and its feature. ICO can be profitable but very dangerous to jump in and buy. That's why you have to do make a research first.

Wind_FURY

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Quote from: Kevin77 on May 06, 2017, 09:40:57 AM

Quote from: coin2.0 on May 06, 2017, 04:57:12 AM

buy the dip,and sell the clmix Grin

It works but you may have mistaken either one then that may lead to disaster. Instead of trying to catch the extremes, trading in middle would be the right strategy for survival. I mean to say do not wait for buying at dip and also do not wait for tops to book profits. Choose the coins which will not have chances to be dipped then all other good things will happen over time.

Honestly profitable trading will be possible with any coin hence finding right coin is not that big significant one but when we are buying and when we are selling is really matters and for this we need accurate predictions. When accurate predictions are not possible, choosing coins carefully will work as a best strategy.

Thank you for pointing out the obvious. Your post is very long but it is not very helpful because all you posted gave us nothing but more questions.

How do you choose the right coin? That is the question for you to answer.

Kevin77

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Quote from: coin2.0 on May 06, 2017, 04:57:12 AM

buy the dip,and sell the clmix Grin

It works but you may have mistaken either one then that may lead to disaster. Instead of trying to catch the extremes, trading in middle would be the right strategy for survival. I mean to say do not wait for buying at dip and also do not wait for tops to book profits. Choose the coins which will not have chances to be dipped then all other good things will happen over time.

Honestly profitable trading will be possible with any coin hence finding right coin is not that big significant one but when we are buying and when we are selling is really matters and for this we need accurate predictions. When accurate predictions are not possible, choosing coins carefully will work as a best strategy.

sotoshihero

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For me a coins profitable if there re more traders trading it. It must have a solid road map, and people behind are known in their industry they belong.

coin2.0

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love coins

buy the dip,and sell the clmix Grin

Obito

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Quote from: RedX on May 04, 2017, 09:12:36 PM

Someone told me that just follow the development of the coins. Bitcointalk is already a good forum to check every coins because they all have announcement threads here. Just check it everytime and I am sure you can tell yourself if the coins are not scam and profitable.

Good idea! If you want to know what coin will be profitable is to exloplore some discussion and read more comments in altcoin section or maybe ask in some tips on veterans on trading. Furthermore, I think to determine the profitable coins is knowing if that coin has a high volume.

Wind_FURY

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I believe I have asked two people in this thread to show us some proof if their short term trading strategy really works. They never returned to the thread to give us a reply. Maybe that is proof that they really do know nothing about trading and investing.

bitbunnni

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Quote from: RedX on May 04, 2017, 09:12:36 PM

Someone told me that just follow the development of the coins. Bitcointalk is already a good forum to check every coins because they all have announcement threads here. Just check it everytime and I am sure you can tell yourself if the coins are not scam and profitable.

I do not know whether this will be a good strategy, you know the station, but I also believe in the forecasts of experts who very positively speak about the future of Bitcoin and its cost. If you look at today's prices, they have already passed for fifteen hundred dollars and this was expected.

RedX

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Someone told me that just follow the development of the coins. Bitcointalk is already a good forum to check every coins because they all have announcement threads here. Just check it everytime and I am sure you can tell yourself if the coins are not scam and profitable.

Wind_FURY

legendary

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Quote from: noictib on May 03, 2017, 10:54:54 PM

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

In the last lines , you already told the most basic stretagy to understand that which altcoin will rise in the market and which of them is profitable .
Here I have the same Stretagy but have also another one which is really working for me .
Usually I searched about 3-4 altcoins which are at the rate of 1 to 10 Satoshi have that altcoin has no bulk selling orders ,.and bought these altcoins with 0.001btc in each and put them at double to the sell price .
I did the SE thing about 5-6 times and got real success to double my money each time .

Can you give us what those coins are and tell us when and at what price you bought and then what price you sold? There are many people in the forum that claim that they are trading profitably without any proof. It is time to change that.

There is also the long wait periods in your strategy. How long did you wait before the coins you bought doubled in price?

coynedterm

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Quote from: dossantosleite on April 28, 2017, 09:11:15 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

Here if you will ask everyone then you will got different different answer from anyone .
So here I will suggest you to just use your own mind to determine about the advantage to have the particular altcoin. So just make your experience and spent your time in the market of the altcoins and investigate that how did the market of the altcoins fluctuate .
If you will get idea that how much and how can change the market of the particular coin , then unlimited numbers of the ideas will arise in your mind and will make you a better altcoins trader & succesful predictors about the altcoin .
Here a small thing that I tried to see before the invest that the particular altcoin have any support of the big earners or by millionaire Because that things gives the basic power to ride the altcoins .

noictib

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Quote from: dossantosleite on April 28, 2017, 09:11:15 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

In the last lines , you already told the most basic stretagy to understand that which altcoin will rise in the market and which of them is profitable .
Here I have the same Stretagy but have also another one which is really working for me .
Usually I searched about 3-4 altcoins which are at the rate of 1 to 10 Satoshi have that altcoin has no bulk selling orders ,.and bought these altcoins with 0.001btc in each and put them at double to the sell price .
I did the SE thing about 5-6 times and got real success to double my money each time .

Wind_FURY

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Quote from: yueno on May 02, 2017, 09:33:17 PM

I think in trading it is more profitable when the volume is high. [/bBecause the coin is active therefore it goes up and down. So If you notice it you just buy low and sell high in a short period of time. And you get profit or double your money in the future.

Not only that, a coin must also be traded on multiple high level exchanges. I was going to invest in ETC, my first altcoin but I decided not to at the last minute. A big mistake. A few months later now it rose x5.

ETC was a good example of a buy low, sell high investment.

Ucy

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Compare rates on different exchanges & swap.

Quote from: el kaka22 on April 28, 2017, 01:55:49 PM

Quote from: dossantosleite on April 28, 2017, 09:11:15 AM

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?

Simply choosing high volume altcoins will minimize most of your problems. All you need to check how many bitcoins were traded for one particular altcoin in last 24 hours. If it is greater than 25 bitcoins, the possibility of getting pumped and dumped is very low. Only with well established altcoins, it will be possible to have decent trading volume.

When you are finding those altcoins are not profitable for trading, it would be highly recommended to stay away from trading for that day. Because securing our capital will be more important than finding opportunities to make profits.

Cool advice. Jotted already. Have a great day!!

Sled

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Bitcoin- in bullish time

Quote from: gribble on May 02, 2017, 09:39:12 PM

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

My simple strategy in trading altcoins is buy on support and sell on resistance with use candle chart in analysis technical
time prime 5M-15M, it is short term strategy trading altcoins,
the weakness of this method is we must stay on the computers and always do stop lost, this method is not suitable for the traders
who doesn't have much time.

Great strategy that is one of the things i also do in shorting altcoins because i think that is the safe strategy to use when i'm in a short trading mode. It gives me only small profit because the i do have a small capital because i'm still mastering it with a right timing so when i get the right timing then i will put bigger capital.

gribble

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Quote from: dossantosleite on April 28, 2017, 09:11:15 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

My simple strategy in trading altcoins is buy on support and sell on resistance with use candle chart in analysis technical
time prime 5M-15M, it is short term strategy trading altcoins,
the weakness of this method is we must stay on the computers and always do stop lost, this method is not suitable for the traders
who doesn't have much time.

yueno

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Yueno

I think in trading it is more profitable when the volume is high. Because the coin is active therefore it goes up and down. So If you notice it you just buy low and sell high in a short period of time. And you get profit or double your money in the future.

Wind_FURY

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Quote from: Cactushrt on May 02, 2017, 06:59:32 AM

There is no strategy to determine altcoin will be profitable because the price will depend on demand and supply even a good trader makes some mistakes when buying a coin.

Are you sure there is no strategy? There is always a strategy. But the real problem is are we using the right strategy if we choose to invest in an altcoin since there is no holy grail of strategies for different altcoins. They all behave differently.

electronicash

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Quote from: salemon on May 02, 2017, 03:04:35 PM

Quote from: Cactushrt on May 02, 2017, 06:59:32 AM

There is no strategy to determine altcoin will be profitable because the price will depend on demand and supply even a good trader makes some mistakes when buying a coin.

Just so no one can predict What price will be on Bitcoin. Some sellers have already learned how to manipulate the price on the market. That's why the forum is cracking. From comments with negative aspects of the relative market of crypto currency.

someone must have figured its only about looking how much is the marketcap and volume to see its going to be profitable depending on time. those 10 tokens on top of the coinmarketcap, aren't they all moving up constantly? if you have invested to them for a year, you must have profited already.

salemon

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Quote from: Cactushrt on May 02, 2017, 06:59:32 AM

There is no strategy to determine altcoin will be profitable because the price will depend on demand and supply even a good trader makes some mistakes when buying a coin.

Just so no one can predict What price will be on Bitcoin. Some sellers have already learned how to manipulate the price on the market. That's why the forum is cracking. From comments with negative aspects of the relative market of crypto currency.

FlamingFingers

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If we are talking about a presale ICO, a good coin would have the following features:
1. A good, unique project that has no similarity with other coins/projects (meaning it's not copy-paste);
2. A great team (doesn't necessarily mean they have to be very known) dedicated enough to the cause of the project, not just for money;
3. Has a relatively good attention from members on this forum;
4. Serious investors investing in the project.

If we are talking about trading coin, just check the coin's market cap, announcement thread, websites (if available), volume, and buy and sell order walls. (i.e., know the coin you are investing in.)

Cactushrt

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There is no strategy to determine altcoin will be profitable because the price will depend on demand and supply even a good trader makes some mistakes when buying a coin.

pseexh

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Quote from: cardoyasilad on 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.

Exactly. There is no precise way to determine this. Rather depends on luck, you can win or lose.

Raven91

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Quote from: dossantosleite on April 28, 2017, 09:11:15 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

In considering which coin is profitable, I always consult a coin in forums to knos what their insights and thoughs regarding that. I also check how much the supply is and how much coin sold by its developer/s. Through this way, I am more likely to avoid shitcoin that would cause a trader/investor to lose his money in buying that coin.

xIIImaL

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Quote from: iqlimasyadiqa on May 02, 2017, 01:55:00 AM

The most important thing is to see the background of the coin was created.
When the coin has a good vision then I will invest and take advantage of every action I take.

I guess you would like to create the any altcoin and own the that one that with the value for it. You can determine the profit in bitcoin with it's adoption and price bumping only. If you view to invest in bitcoin, I am sure that trading, lending, coin mixer, financial investments are all good option invest on bitcoin.

iqlimasyadiqa

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The most important thing is to see the background of the coin was created.
When the coin has a good vision then I will invest and take advantage of every action I take.

Phyton76

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Quote from: Sled on May 02, 2017, 12:58:21 AM

Quote from: xuan87 on May 02, 2017, 12:39:59 AM

Crypto currencies price is based on the demand and supply, so you need to followed the updated news to trade, join a lot of forum will help you to get information, always split your investment don't put all of your money in a basket, trading need experience so you need experience to become a better trader

Information from the news it the key here for a trader to become successful in trading cryptocurrencies because if you do a lot of good research and when you come up with a good knowledge before you trade then it will be easy for you to choose what coin you will buy and what coin is the best profitable for you. But to be minimize the risk up to a very low rate then diversify and buy not only one altcoin to avoid getting a huge loss.

That is the reason why there are such forums in order to help an investor which coin to choose. As considering which altcoin to invest, I always take a look and read such reviews to help me choose which is the best. I always pick more than one altcoins so that I won't just rely on one's market a time.

Sled

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Quote from: xuan87 on May 02, 2017, 12:39:59 AM

Crypto currencies price is based on the demand and supply, so you need to followed the updated news to trade, join a lot of forum will help you to get information, always split your investment don't put all of your money in a basket, trading need experience so you need experience to become a better trader

Information from the news it the key here for a trader to become successful in trading cryptocurrencies because if you do a lot of good research and when you come up with a good knowledge before you trade then it will be easy for you to choose what coin you will buy and what coin is the best profitable for you. But to be minimize the risk up to a very low rate then diversify and buy not only one altcoin to avoid getting a huge loss.

xuan87

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Crypto currencies price is based on the demand and supply, so you need to followed the updated news to trade, join a lot of forum will help you to get information, always split your investment don't put all of your money in a basket, trading need experience so you need experience to become a better trader

Wind_FURY

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Quote from: cpfreeplz on 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.

The white paper these days have also become a marketing tool to trick the more stupid investors who do not understand what they are reading. If you read a white paper with many pictures and are very flashy, buyer beware, the developers are trying to trick you. A good white paper is like the one Satoshi wrote. Very simple and very straightforward.

jeraldskie11

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For me, to determine if the bitcoin will be profitable is when it is not a scam coin. Live coin would be profitable because the movement of the price is really fair and that is the first. Second, even you know that coin is live you don't know how to timing, it will only end up you not really earn profit or maybe it will turn you to lose. So you should compute well and do some reseach, that is most needed for you to earn.

gabmen

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Well if it's a new coin then there's really nothing much to do but read articles about it from the developers and you have to be careful to make sure that it is not a scam. Or you can go to coins that are already tried and tested because it's easier to read as there will be tips already from experienced traders

cardoyasilad

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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.

Drnice

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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.

sobsitesearch

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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.

Viyamore

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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.

ethereumhunter

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Quote from: Sled on May 01, 2017, 12:10:27 AM

Quote from: SHAWN-MIDWAYS on 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

Quote from: layoutph on 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.

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.

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.

hajimasan

hero member

Activity: 882

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Quote from: dossantosleite on April 28, 2017, 09:11:15 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 .
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 .

ASHLIUSZ

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Activity: 994

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Quote from: Sled on May 01, 2017, 12:10:27 AM

Quote from: SHAWN-MIDWAYS on 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

Quote from: layoutph on 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.

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.

Go with the coins that have got listed to the popular exchanges. This will be helpful in separation of the scam coins, because trusted exchanges list only the familiar coins that grow in capital. Also looking the market capital too we can find the better ones.

Sled

hero member

Activity: 1680

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Bitcoin- in bullish time

Quote from: SHAWN-MIDWAYS on 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

Quote from: layoutph on 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.

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.

SHAWN-MIDWAYS

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Activity: 686

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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

Quote from: layoutph on 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.

Knowing the people behind the project also helps from not involving yourself with the scammy devs and stay with the legit ones..

layoutph

sr. member

Activity: 1372

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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.

dossantosleite

full member

Activity: 139

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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 ?

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

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.

cpfreeplz

legendary

Activity: 966

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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.

Wind_FURY

legendary

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Quote from: zidanw on April 29, 2017, 08:25:01 AM

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.

Supercrypt

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Quote from: RedX on April 28, 2017, 07:53:29 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.

Quote from: mindrust on April 29, 2017, 01:47:06 PM

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.

mindrust

legendary

Activity: 3276

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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.

PokerFace3

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Activity: 700

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Quote from: JL421 on April 28, 2017, 11:53:49 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 !

sana54210

legendary

Activity: 3318

Merit: 1128

Quote from: dossantosleite on April 28, 2017, 09:11:15 AM

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.

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.

Pamadar

legendary

Activity: 2982

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Quote from: beerlover on April 29, 2017, 12:51:37 PM

Quote from: Vaskiy on April 28, 2017, 09:55:59 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.

that's right uniqueness and the use of certain project to make sure that it will continue progressing so the value will rise up since the demands
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.

beerlover

legendary

Activity: 3052

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Quote from: Vaskiy on April 28, 2017, 09:55:59 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.

BlackPanda

legendary

Activity: 1414

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Quote from: zidanw on April 29, 2017, 08:25:01 AM

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).

I agree with you . So we can imagine the future of the altcoin. if it has a good prospect altcoin by dev development course will be as optimal as possible. there will be a blue paper that explains all the things that the vision and mission of the altcoin.

zidanw

sr. member

Activity: 1162

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1xbit.com

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).

KuromaYoichi

sr. member

Activity: 756

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Sovryn - 300-500% APY on USDT Deposit

If you want to determine an ICO coin, just read the whitepaper and determine the idea is possible or not, then wait until the ico start to see if there's a lot of demand for the project. If the hype is huge, you can make a quick profit after the ico finish and it hit some exchange. If it's an already exist coin, see the ann and read the roadmap and the dev is active or not. Last, see the chart at the exchange.

BitcoinHodler

hero member

Activity: 1456

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HODLing is an art, not just a word...

Quote from: @prashant on April 29, 2017, 06:32:48 AM

i would recommend not to gamble with coin below 1000 sat.

there are some good coins under 1000 satoshi like feather coin (FTC) and it has very good price rises with good profit.
also remember than it is always easier to pump a coin from 100 to 1000 than it is to pump it from 0.01 to 0.1.

Quote from: @prashant on April 29, 2017, 06:32:48 AM

try to invest in good ico project ,there token/coin will sonner or later will get high value.

terrible advice in my opinion. there is no goo ICO project and there is no easy way of assessing them. and the main reason why an ICO is created is for the owner to make money most of the times through scamming.

@prashant

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Activity: 910

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First of all check the coin/token project background ,how much they have collected ,how much trust value is there amoung other crypto users.i would recommend not to gamble with coin below 1000 sat.try to invest in good ico project ,there token/coin will sonner or later will get high value.

iamTom123

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Activity: 490

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Based on my experience, there is no set of black and white strategies that can help determine if a certain coin can perform well in the cryptocurrency market. There are some coins that are dismissed right from the very start but which made it good actually in the market. And, of course, there are those that are full of amazing potentials that later on falter and failed to deliver the good expected of them.

I am not good at investigating cryptocoins but I always look at the people behind working for the coin as a good indicator for the coin plus there should be an existing or a ready community that can propel the coin and can guide the coin in its ups and downs. This is aside from the technicalities that we should look into.

Pursuer

legendary

Activity: 1638

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Where is my ring of blades...

my best strategy is looking at the charts!
they give you more than enough information to work with. you can see the price movement, the volume of bitcoin going in and out of the market and how it changes before pumps happen and it increases fast as the pump starts then dies when pump reaches the top and then increases again as the whales start dumping on the market in a couple of steps and again as the newbie panic phase starts afterwards!

in short learn how to see these things on charts. all the news and stuff like that are helpful but nothing is good enough compared to what you can see on a chart.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

The firth thing you should check are the developers themselves. If they have a history of scamming and fraud then they should be avoided. A good example of this is QTUM. The founder had a past history of scamming and it is known that their "successful" ICO was done because they themselves bought up their own tokens. The next phase is to dump them on us.

JL421

hero member

Activity: 812

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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.

pooya87

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Quote from: European Central Bank on April 28, 2017, 06:11:17 PM

the other would be to spread money across the poloniex top 10-20 and pull money out when they pump. because all of them pump eventually.

what exactly do you call "top" because the coins in an exchange that go on top of the list are usually sorted with volume, and an increased volume in most of the cases means the coin is already pumped so investing in it means buying into the pump and being already late.

in my opinion in trading you should make each trade count. you should have a good reason for each of them. not just because it was on top.

JeffBrad12

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Leading Crypto Sports Betting & Casino Platform

Quote from: dossantosleite on April 28, 2017, 09:11:15 AM

What is your best strategy to see if the coin will be profitable or not?

I'll try to give you important aspect regarding the critical point to choose the right coin to be your investment.
1. Dev = Expertise dev gives a support for the market.
2. Clear roadmap
3. It's not a dumbass idea (I mean about the innovation of project).
4. Not related to ponzi scheme.

Quote from: dossantosleite on April 28, 2017, 09:11:15 AM

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?

Usually, a lot of people just try to get the latest news from the announcement thread.

It has contained the various source for you about the latest update nor news of the coin.

ImHash

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Activity: 924

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Take a good and hard look at all the completely useless crapcoins and start thinking about it as to why there are so many altcoins on the internet? yes they all are just on the internet and you'll never find anything related to them offline in the real world that we live in unlike bitcoin with real factories and real companies.
If you are trying to live in the real world and earn some real world money seriously then bitcoin is the most promising and community backed coin you'll ever find and it's not just me saying this but the price and the marketcap can speak for itself and markets especially with $10B+ at stakes never lie.

Vaskiy

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

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.

mimini0147

sr. member

Activity: 322

Merit: 250

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

The best you can do in my opinion is to make sure that the team behind whatever the coin is is actually legitimate. The more public they are with their team the better because it means they are comfortable with putting their actual real life reputation on the line for the project, and if they know that it's going to turn out to be a unprofitable or scammy project then they will still anonymous.

Most ICOs out there are for the sole benefit of the founder, little of the funds actually goes towards promoting and developing the coins but a lot of the funds collected through the crowdsale goes straght into the founder's pockets. Look for clear roadmaps.

RedX

sr. member

Activity: 364

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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.

European Central Bank

legendary

Activity: 1288

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if i was interested in getting more money through alts i think there are only two strategies i'd use.

one would be to look for new coins that are being given away. decred did this. stellar and byteball too. no doubt there are more. screw putting money in an ico.

the other would be to spread money across the poloniex top 10-20 and pull money out when they pump. because all of them pump eventually.

it's like a stock market tracker versus trading individual shares. 99 times out of 100 the tracker wins.

erikalui

legendary

Activity: 2632

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There's no way to determine whether a coin would be profitable till the ICO is half-way complete and the project gets enough investors. You can get some details from the whitepaper and by checking who are the team members who have developed this project. If the project is not unique (like there have been similar projects with coins not offering anything unique), the project may most likely not succeed.

Forums don't give you a fair idea while the whitepaper of the project, the chart (price chart) and the market trades (no. of buy/sell trades) can give you some hint about how many people are trading the particular coin. Lesser market size means the coin is almost dead and vice versa.

harizen

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For support ➡️ help.bc.game

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

Ok just let me remind you that all ways you will get here as replies are based on their own preferences. Your's to follow.

We all know that there's no such thing to know if a certain coin will be profitable or not (unless in Bitcoin obviously). Try to do some autopsy to all branches of a certain project if they have some "things" to be considered as main ingredient for them to become success. This is a risk investment after all so you really need to spend some to see the actual journey you will faced when you invest in a coin.

This the challenge when dealing in an altcoin investment so all I can say is, accept all the associated risk once you start putting your money on a certain coin.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: dossantosleite on April 28, 2017, 09:11:15 AM

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?

Simply choosing high volume altcoins will minimize most of your problems. All you need to check how many bitcoins were traded for one particular altcoin in last 24 hours. If it is greater than 25 bitcoins, the possibility of getting pumped and dumped is very low. Only with well established altcoins, it will be possible to have decent trading volume.

When you are finding those altcoins are not profitable for trading, it would be highly recommended to stay away from trading for that day. Because securing our capital will be more important than finding opportunities to make profits.

radjie

sr. member

Activity: 1792

Merit: 264

Quote from: dossantosleite on April 28, 2017, 09:11:15 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

By looking at how big the coin it will last a long time and can count on in the future.
Moreover you can also find out about the type of coin you mean by often read in a forum that discusses many of the coin, so that you can know the development of coin and can be profitable in the future.

BrewMaster

legendary

Activity: 2114

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There is trouble abrewing

a coin that has a possible future and that is a real future not just an illusion hype that the shills create so that they can pump the price. with this criteria i limit the coins that are worth my time to a handful. and that list consists of bitcoin, litecoin, monero and two others that i am not so sure about so i won't mention them.

then since this is trading board i'll assume your questions is about trading. and for that, you only need to invest in the altcoins before they are pumped. sounds pretty simple but it is hard to buy low and sell high and don't get greedy and miss the chance. for that you mostly need to look at the charts and look out for some news.on twitter on in altcoin board.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Are we speaking about the pre-ICO phase? If that's the case then you can't really tell If the coin will be profitable but you will definitely know If the project is something serious and not a simple shitcoin made by scammers. You should always take a look at the team members, escrow, read the whitepaper and have an idea how things are going to work, how the coin is distributed among developers, community managers, investors etc.

If the coin is launched already (say you are a few months/1 year late) then you should check the previous achievements and roadmap and how active the development is. See MaidSafe for example, even though they didn't deliver the project yet, we see weekly development changes and the coin is on the top 10 because everyone knows that this team will eventually deliver and everything is on progress (Beta, alpha, Final release).

dossantosleite

full member

Activity: 139

Merit: 100

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

Topic: What is your best strategy to determine if the coin will be profitable? (Read 3769 times)