Topic: what should consider before investing in a coin? - page 20. (Read 3367 times)
You should be able to know the information from the coin you want to buy, make sure the coin you want to buy has a good development and of course it can have the potential to be very expensive, don't let you buy coins that have no movement or development at all.
For me i should consider the popularity of the coin and the structure. How many years since it created. And the last one is the history of the value in our market.
oh good for you but for me i dont usually look on the popularity or on the history of the coins because i only invest on the newer ones and most especially on ico's that i find promising because i think they can give much return compared to standard cryptos . i dont really care if its a pump and dump scheme but atleast i can earn something big for a quicker time .
a lot must be considered in my opinion before starting an investment with crypto currency but the most important is the risk that will be obtained in investing with the crypto currency
The most important thing when one invests in a coin is that he or she should have a good grasp of the underlying tech in the project. If the project is good enough, there will be less effort needed to market it since people will naturally be drawn to it. Also, if the coin does not solve any problem, there's no point buying it.
of course all aspects of the project must be considered. in addition, information about the development of the coin is also very important before making information. it makes us invest in something useful, and useful for us. in the crypto world, I think there are so many things that need to be considered before investing. 
The most important thing when one invests in a coin is that he or she should have a good grasp of the underlying tech in the project. If the project is good enough, there will be less effort needed to market it since people will naturally be drawn to it. Also, if the coin does not solve any problem, there's no point buying it.
New coins seem to be very weird with the way they promote themselves, even after ICO. There are bunch of coins that has technologically no improvement at all but they are trying to find a sector and focus on that instead of improving the system. For example Nano got destroyed and it worths not even 10% of what it used but it was trying to make the blockchain instant and quick instead of slow and expensive.You would use nano and get less then 1 second transactions for FREE. People instead focus on stuff like "advertisement coin that you use to buy and sell ads" or whatever, thats not new, thats not anything special, thats both old in real life and old in crypto as well. There is absolutely no way of using that to your advantage and improving the world. Coins are really not worth the trouble they bring in anymore.
Exchange projects flooded the market and though there are some the collected a lot some don't but we still can see them getting funded even when all they offer is similar to other projects like distributing dividends or the native token is going to be the transaction fee. Most of these projects looks created by same developers and same advisors, nothing new. Although its a use case, its still not new concept. But there are some new projects offering new concept like the GoWithmi, I think that is something to consider before investing - a new concept.
The most important thing when one invests in a coin is that he or she should have a good grasp of the underlying tech in the project. If the project is good enough, there will be less effort needed to market it since people will naturally be drawn to it. Also, if the coin does not solve any problem, there's no point buying it.
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.
Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?
I am investor and I always considering the team behind the ICO. We can easily identify if the ICO is scam by just looking to the background of team behind the ICO. The ICO should have good whitepaper that are easily to understand and all of the information about the project should be in the whitepaper. It is really risky to make investment in ICOs because not all of ICOs are profitable investments. There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.
Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?
I think, what you should consider first in investing is that if you have enough spare moneh to do so. If not and you will be using your life money then that is suicide not because it is totally bad but the risk of you getting hurt by a loss is significant and cannot be returned back unless its only a spare money which could not hurt you that much.
I always consider the impact of the losses that I will experience when I start investing in Bitcoin, because investing in Bitcoin is very high risk, so you have to think about the risks first rather than thinking of profits, because the value of Bitcoin is very volatile.
the history of price is one of a good thing to consider when investing to an existing coin if the price is continuously dropping after the listing then it is not a good coin to consider, if the price has a good positive percentage rate then consider it in your list of investment.
You need to check the coin history, how stable the coin is and from how long it is there in crypto market and see the prices of coins for past few years and read the upcoming growths and struggle for the coin all the few things you need to check. If you feel satisfied consult the known crypto expert and then go for investment. Don't blindly invest on coins or on ICO coins be cautious.
I always consider the impact of the losses that I will experience when I start investing in Bitcoin, because investing in Bitcoin is very high risk, so you have to think about the risks first rather than thinking of profits, because the value of Bitcoin is very volatile.
the history of price is one of a good thing to consider when investing to an existing coin if the price is continuously dropping after the listing then it is not a good coin to consider, if the price has a good positive percentage rate then consider it in your list of investment.
Standard things, doing research on all levels. Even then there are no solid guarantee that project is going to be worth of the investment. That's just the way it is on this field. Maybe list of associates and co-partners of the ICO can mean something in making choice. The support of big name, Microsoft for example, would make me believe and be more comfortable for making decisions to invest on it.
When it comes to ICO there is no big name to comfort our decision,we just have to do on our own by trusting the person on the project team,as you said the legitimacy will give some thought about investing but it may worth or not which can be only found when the project reaches real world.But coin like bitcoin or Ethereum will make the work easier lot and just invest on long term will make sense. For me i should consider the popularity of the coin and the structure. How many years since it created. And the last one is the history of the value in our market.
oh good for you but for me i dont usually look on the popularity or on the history of the coins because i only invest on the newer ones and most especially on ico's that i find promising because i think they can give much return compared to standard cryptos . i dont really care if its a pump and dump scheme but atleast i can earn something big for a quicker time .
of course a very big risk in its investment in confidence and patience is the main capital in the investment and now we must be smart in seeing all the opportunities that we will get in investment
First of, it's much easier to find a decent coin to invest in among the existing ones. Currently we are at such a deep level that you can expect 10 times rise from some coins this year alone. Look for the coins which were performing well during the 2-3 years prior 2018, but had sank deeply in 2018. Bitcoin, by the way, is an option.
But if you are going to invest in an ICO anyway, research about every core team member, read all the reviews of the project on independent sites, etc. If you are not experienced in this matter, don't try to decide by yourself whether a project worth investing. Read as many expert opinions as possible and then make your conclusions.
But if you are going to invest in an ICO anyway, research about every core team member, read all the reviews of the project on independent sites, etc. If you are not experienced in this matter, don't try to decide by yourself whether a project worth investing. Read as many expert opinions as possible and then make your conclusions.
I always consider the impact of the losses that I will experience when I start investing in Bitcoin, because investing in Bitcoin is very high risk, so you have to think about the risks first rather than thinking of profits, because the value of Bitcoin is very volatile.
Aside from the considerations one should make based on their personal financial situation, consideration of an investment in a coin usually goes through this process for me:
1. What's its utility?
2. Where is it at in its life cycle?
3. What's the team's experience?
4. Read the White Paper.
5. Wait a week and see if I'm still convinced.
1. What's its utility?
2. Where is it at in its life cycle?
3. What's the team's experience?
4. Read the White Paper.
5. Wait a week and see if I'm still convinced.
For me i should consider the popularity of the coin and the structure. How many years since it created. And the last one is the history of the value in our market.
Aside from the considerations one should make based on their personal financial situation, consideration of an investment in a coin usually goes through this process for me:
1. What's its utility?
2. Where is it at in its life cycle?
3. What's the team's experience?
4. Read the White Paper.
5. Wait a week and see if I'm still convinced.
1. What's its utility?
2. Where is it at in its life cycle?
3. What's the team's experience?
4. Read the White Paper.
5. Wait a week and see if I'm still convinced.
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
not it has absolutely no similarities to that which makes it the worst example you could have made. why? simply because when they are building a shopping mall you know there will be a building there with actual usage, you see the yare putting a lot of money and man power into building it and it won't be abandoned when it is done building.I disagree with you. This is a good example. You just probably don’t know the stories when the developer builds three buildings, puts two of them into operation, and one throws almost completely ready but don't put, and leaving people without shelter and without the money they have invested in this building. And least of all in this case human labor is valued. The same situation with ICO projects. Often, people trust the project, but in the end they end up without money. But it cannot be said that such projects are everything. If you approach the choice of ICO carefully and carefully, you can find a decent project with an honest team.
There are many factors we need to considee before investing in a coin. We need to determine the project if it is good and if that coin will be patronize by the people. We need to know the platform and strategy of the project if it will grow and become successful in the future. Also we need to know if there are huge demand on it ,if there are many investors investing on this coin and if it has a higher volume in the market. We need to be careful in investing so that we can earn profit and not losses.
to choose the coin that is difficult to do. but we can see their roadmap, where of course there will be a breakthrough to improve their project. from there we can see whether the coin is worth investingJump to: