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Topic: Why did YOU decide? - page 3. (Read 430 times)

sr. member
Activity: 462
Merit: 254
January 21, 2018, 07:41:46 PM
#46
What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed
Yes, you have good decisions to invest in ICO with new technologies combined with traditional services. Kodak made a coup with its platform for photographers on blockchain. Its tradional shares shooted up over 50%. To find those ICO projects will convert investments into longterm profits.
newbie
Activity: 108
Merit: 0
January 21, 2018, 07:34:49 PM
#45
There are so many indicators and guides to tell you what you should invest in and what you should stay away.started to buy some buffoon it's the most popular bitcoin and biggest mark cap.that's all
full member
Activity: 490
Merit: 100
January 21, 2018, 07:33:55 PM
#44
In the beginning I started with Bitcoin and Ethereum, because of theirs popularity. After that I bought some Cardano, because I really like the project and some Ripple when become popular. Than my confidence have grown and I bought some less popular coins.
full member
Activity: 235
Merit: 101
a sharp sword
January 21, 2018, 07:00:16 PM
#43
Kodakcoin held their ICO and it came from the company itself so there's a strong support for that coin but I don't coin ICO's. I'll buy it when it's listed on different exchanges already. Before when I started to buy some bitcoin, it's the most popular coin and even until now and besides it has the biggest market cap. And the same with ETH, it has the 2nd biggest market cap. I'm not only deciding because of their market cap but also with the tech behind it and the community that supports it.
I can't get into coins with weird names like Kodakcoin and other names like it because they aren't that catchy.
I support a coin only if the problems are very small and could be let go.
full member
Activity: 686
Merit: 100
January 21, 2018, 06:57:34 PM
#42
Based on the usage , background and team behind it. In the past I fall for the hype and ended up buying useless coin. Now I'm more careful and cautious on which coin I invest my money into. My hobby is reading so I don't mind reading all the articles and white paper all day, just to make sure the coin I invested to deserves my money.
hero member
Activity: 3080
Merit: 603
January 21, 2018, 06:48:39 PM
#41
Kodakcoin held their ICO and it came from the company itself so there's a strong support for that coin but I don't coin ICO's. I'll buy it when it's listed on different exchanges already. Before when I started to buy some bitcoin, it's the most popular coin and even until now and besides it has the biggest market cap. And the same with ETH, it has the 2nd biggest market cap. I'm not only deciding because of their market cap but also with the tech behind it and the community that supports it.
member
Activity: 462
Merit: 12
В поиске
January 21, 2018, 06:43:52 PM
#40
I usually try to look at promising coins that are in the top 30 on coinmarketcap. Look at the growth of the capitalization and volatility of the coin.
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
January 19, 2018, 11:28:51 PM
#39
I think  the reason why I I invest in the tokens, simply because the number of groups in this team's technical background and and this project is very hot, if these are good, then I will invest in the project.i think that will make me benfit.
sr. member
Activity: 728
Merit: 263
January 19, 2018, 11:27:31 PM
#38
It's a simple reason for choosing this platform When you want to make money through your investment or trading then you have to choose a profitable platform so that I have chosen it for my desire.

Not only that but also Blockchain platform has made a tremendous impact on the monetary world and people have been involved with this platform in recent times a lot. That's I also encouraged by this trend and already made a good result in this platform.
newbie
Activity: 65
Merit: 0
January 19, 2018, 11:20:57 PM
#37
What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed
With me, I choose a coin if I think the project will be real application and can change the world. In long term, it can be grown years after years
full member
Activity: 644
Merit: 101
January 19, 2018, 11:16:42 PM
#36
I decide to invest in any coin because i see alot of advantages and many problem that will be solved that will give to the cryptocurrency community and beyond it. Like i decided to hold UTRUST because they would like to be better than Paypal so they will give many advantages to the cryptocurrency community and many other party.
jr. member
Activity: 137
Merit: 1
January 19, 2018, 07:56:32 PM
#35
I think it's different for every coin. For example, got into IoT Chain (ITC) because they cover security of IoT. As an IoT fan, security is the biggest con to the tech. Since they solve that problem and have really big backings from big companies, I'm all in. Very underrated coin atm. https://coinmarketcap.com/currencies/iot-chain/
member
Activity: 574
Merit: 11
January 19, 2018, 07:47:26 PM
#34
What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed
if you want to ask me yeah i was first invest on the popular one on the altcoin it is Ethereum after that i learn more and more if you want to long term just learn about that coin and what that coin do in the future if they got good pospect you can consider it too and look for the volume. that's my opinion
full member
Activity: 308
Merit: 100
January 19, 2018, 07:43:58 PM
#33
You can decide base on their future plan in the coin like if they still promote it so the price of that can be really high i think also if you don't have knowledge in the coin you need to trust someone here in forum where you going to invest try xrp and xrb this two coins are good and it also similar to btc and eth in development,better to do is to see it by yourself so monitor every coins here.
member
Activity: 630
Merit: 20
January 19, 2018, 07:04:48 PM
#32
If i have enough money as you, I will do the same. I'll invest on the best , the most stable and popular. But then I don't have that much to invest on those, so I'd rather invest in some 'not so' popular yet has potential someday.
full member
Activity: 840
Merit: 128
January 19, 2018, 04:40:34 AM
#31
When I bought my first coin I knew only Bitcoin. I didn't know anything about forks, or altcoins.
After a lot of reading in this particular forum, I've learned about Ethereum and the ability to program smart contracts.
Coins like this one or others with smart contract abilities as NEO will definitely thrive in the future.
ICOs are great too, some of them have very good projects. If you are a holder chose quality ones.
Day trading is much more difficult.
full member
Activity: 644
Merit: 100
January 18, 2018, 10:26:31 AM
#30
Usually looking for coins with TA checking minutes, hours, days timeframes. After that checking bitcointalk. After check in google and twitter for some news about coin.
hero member
Activity: 826
Merit: 518
January 18, 2018, 10:23:16 AM
#29
What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed
There are several factors need to be undertaken while deciding which coin is best for you.
1.First choose based on you investment amount for example $100 investment on bitcoin won't give any big profits normally so you have to choose a low priced coin which may explode in the future.
2.Based on the coin market cap value ranks,you can pick coins from top ranked on coinmarket cap but most of the coins will give good profits while your investment is in longer term.
3.You can purchase the trending coin at the moment which can give you profits for short term but you need to watch carefully the price always sometimes the price will crash in no time.
hero member
Activity: 2086
Merit: 994
Cats on Mars
January 18, 2018, 10:19:00 AM
#28
I usually pick those coins that are well established within the crypto community, but also have potential to grown in the long-term, obviously, according to my research, like LTC, ETH, XMR.

I don't buy the "hype", we all know nowadays there's a coin that gets the "pick of the month/week" and people start using the same cryptocurrency trope, for example, "partnership with X company coming soon" or "great tech, small market cap, etc, etc", I'd rather do a proper research for a few days before going in blind and fall for the hype. Those coins are good for the short-term profits, but other than that, they usually end up being nothing more than pump and dump schemes.
newbie
Activity: 140
Merit: 0
January 18, 2018, 10:15:45 AM
#27
if I choose a coin based on observation for a few days, usually if I want to choose a coin, I monitor how the graph of the coin, a few days if the feeling satisfied and match with my monitoring, then I will buy the coin, that's how treding i'm

That's true. It's not all popularity. I think many people are getting the wrong idea that because one coin is being endorsed by many users that it is fool-proof successful. There are so many indicators and guides to tell you what you should invest in and what you should stay away from. Also, the kind of investment, whether in trading coins or purchase-and-hold tactic, whether long term or short term would dictate what kind of coins you should better look out for. Another consideration is the capital you can shed off, if you have a big capital, then you can invest in those high-valued coins, while if you only have a little, then go for those sleeper coins that cost little but has big potential.
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