Would you invest in a new crypto? - page 5.

terrific

hero member

Activity: 2324

Merit: 513

Catalog Websites

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

Investing to new coins now isn't a good idea anymore though there are really exceptional coins out there.
But what makes me worry are those coins that are good in promotion but soon their project will turn into a scam.
They won't show their true nature in the beginning. What you need to do is to do a lot of research about them.

Lerikaweb

member

Activity: 392

Merit: 12

The Fourth Generation of Blockchain in DeFi

There are lots of coins and numerous earning strategies. You should do your own research before you invest. Who will you blame when you suck? And I'm sure you will with such an approach.

Reid

hero member

Activity: 3052

Merit: 651

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

Try to browse the altcoin announcement thread and also the bounties.
You will see there that projects are just repeating in industry. Like ICO's for exchange, environment and gambling.
If I were you I would look for something unique.
Do not go with just the hype. For a lot of times they tend to be scams so be careful with that.

Bitcoin is a good one already. If you want to divide your capital more then better make a good research first.

Diced90

hero member

Activity: 994

Merit: 515

Get'em boys

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

Usually, investing in BTC is good but at the same time you can spread your risk by also investing in other coins. The ways to take into account before investing in altcoins is to look and see if you feel the project will get investments or if the coin would be strong and good enough to compete against the market.

hh4mmm

member

Activity: 378

Merit: 13

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

for you to do that you, need to know about the project you are about to invest. some of the project are not legit and how do you know those that are not legit?
for me, you will look the team mangers and and the economic factor of the project if they will meet there hardcap. secondly check if the softcap is much because to any project with much volume of softcap hardly succeed. to me this are just the guild lines and also do more research.

Gembul0705

member

Activity: 168

Merit: 24

I think if you want to buy some of new crypto coin you should make some research for details. Like you should read the white paper,their team, their update project and many think. And avoid the coins/token with hyip program this will not make you profit. But i think you can buy with 10 top coin at coinmarketcap for long investment

makerst

sr. member

Activity: 728

Merit: 252

I continue to invest in projects that I like and will not prevent me from doing this further, because I believe that investing is a process that will continue, it will all live, but not as long as I would like.

daviost

jr. member

Activity: 196

Merit: 2

Yes I will but of course it will have terms and condition. That new crypto must offer a new technology/ a good product / a brilliant Idea. And i will check their teammate background too if they are skillful or not and of course the team must not be anymous. after that their developer must be active and if in the start time they already have a product it will be more good. Cause invest in a new crypto without researching is too risky than buy the top cryptocurrency.

Scientest

member

Activity: 121

Merit: 10

There are thousand of cryptocurrency out there but not each is worthy to invest. I already have invested in more than 10 coins and looking for some good projects for investing little. If there is a possibility of having profit ad I have an available fund, why not?

nicolas1979

sr. member

Activity: 826

Merit: 252

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

Don't do that, new meaning has no track record history so depend on what you make analysis?. Replace money into market ( old and new coins ) is very risky right now because market still doesn't show any good moving, besides that many new crypto fail before listing. Invest into bitcoin is wise step and keep doing that until market go up again.

Ssofi_gam

member

Activity: 84

Merit: 10

Now I invest in cryptocurrency, which takes its place in the Top 50. I expect to get a good profit in 2019, 200-300%.

grendel25

legendary

Activity: 2296

Merit: 1031

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

It kind of depends on how much money you have to invest into cryptocurrencies. I am not a financial advisor and this is not financial advice... all just my opinion. But here is what I would do:

Diversify! Let's say you have $1000 to invest. I would take a pick out of the top 10 coins and put maybe 60-80% of your money there. With the rest of the money I would look for projects that you think are interesting and have good teams that have performing good work. These coins should be very inexpensive today but may be worth much more later.

KenyonCarter

newbie

Activity: 173

Merit: 0

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

Why not? It is better to invest in a new crypto. But at the moment do not forget that there are better coins in the market like PRG, ICX and LISK. These are totally great and will shine very soon.

oioioi

jr. member

Activity: 294

Merit: 1

investing in bitcoin is a very good choice for investors who have substantial capital, but it is very risky with very unstable prices, actually a lot of altcoins can be quite good long-term investments, such as eth, which is quite stable, maybe lately the price has dropped, but at times like this it can be possible to hunt investors, because there are so many possibilities for eth to have a promising price

moepaing

member

Activity: 252

Merit: 10

Investing in soemthing new is a key to the future and all of us will do it without any dependences do they want it or not. Without investing in new projects crypto will go down I am sure.

reynilynedago

full member

Activity: 392

Merit: 100

In order to invest in the crypto market, you need to decide why you are going to do it and for what. You have to decide on what exactly cryptocurrency you want to invest your money in. As long as bitcoin's use as a currency remains unclear, the price is likely to be volatile and the risk of a bubble is relatively high. New crypto is heavily dependent on the price of the bitcoin.

l10no

full member

Activity: 518

Merit: 101

the parameter is,
1. confidence
2. knowing in detail
3. project partners
4. community
5. a lot of reviews
from the fifth, it can be concluded that the project has fulfilled the requirements to become an investment place

Talat10gu

member

Activity: 279

Merit: 10

I will invest in that case if they will be really promising and nice for my money and for the future development of the market. Crypto allows to wait and I will do this.

oemar bakrie

full member

Activity: 1260

Merit: 100

SOL.BIOKRIPT.COM

while I am more focused on old tokens, like ethereum or bitcoin
judging from the number of tokens, I was a little hesitant with the development of other tokens..

arjuna BTC

sr. member

Activity: 994

Merit: 250

BabelFish - FISH Token Sale at Sovryn

Quote from: SnowAugustine on October 15, 2018, 07:35:07 AM

I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

of course i will invest a cryptocurrencies that bring new tech and great features,,
also a professional team behind the project my friend

Topic: Would you invest in a new crypto? - page 5. (Read 658 times)