Title: can you recommend any red flags when buying cryptocurrency? Post by: ac-crypto on January 01, 2018, 03:10:33 AM Are there any particular things that you consider red flags when buying cryptocurrency? There are a lot of cryptocurrency out there with more being introduced every day. I'm pretty new to cryptocurrency so I'm looking for input from others as far as red flags that I should avoid or other things that I should be careful about.
Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: Donned on January 01, 2018, 03:39:06 AM First, you should post this post in the encrypted currency section. You're in the wrong place
Second, you should know the characteristics of each token yourself and choose to buy it. Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: Deepiefface10 on January 01, 2018, 09:55:03 AM Are there any particular things that you consider red flags when buying cryptocurrency? There are a lot of cryptocurrency out there with more being introduced every day. I'm pretty new to cryptocurrency so I'm looking for input from others as far as red flags that I should avoid or other things that I should be careful about. you must follow chart only and read more about coin source. it is hard so that only holding first top 5 coins and invest over it Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: TheButterZone on January 01, 2018, 09:57:44 AM Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: cryptogeek64 on July 06, 2018, 09:39:35 PM I would make sure that the platform you're buying/selling on is also secure. A lot of platforms have faced security issues as of late, so obviously I wouldn't buy/sell on those.
One platform I would recommend is HBUS, which is not only extremely safe but also user-friendly and overall extremely robust. https://www.hbus.com/ Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: Veterock on July 06, 2018, 11:19:33 PM The most important flag for me is panic! When people start to panic, then you need to buy)
Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: vit05 on July 07, 2018, 12:58:14 AM Red Flags
Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: TepungBeras on July 07, 2018, 01:18:24 AM If you are a beginner in the world of cryptocurrency that you avoid in my opinion is panic sell and you also need to be careful when the price bubble occurs.
Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: robelneo on July 07, 2018, 01:31:27 AM Are there any particular things that you consider red flags when buying cryptocurrency? There are a lot of cryptocurrency out there with more being introduced every day. I'm pretty new to cryptocurrency so I'm looking for input from others as far as red flags that I should avoid or other things that I should be careful about. One of the sign are fake accounts on their team profile, and absent of whitepaper on Ico, be sure to, buy coins that are already in the market and in the process or already have a platform and doing a great job marketing their coin, these are three of the most important sign. Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: napsterz on July 07, 2018, 04:23:26 AM For me, these are some things that I consider as red flags:
Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: tony_san on July 07, 2018, 07:31:21 AM Are there any particular things that you consider red flags when buying cryptocurrency? There are a lot of cryptocurrency out there with more being introduced every day. I'm pretty new to cryptocurrency so I'm looking for input from others as far as red flags that I should avoid or other things that I should be careful about. 1)If you are not good at , my suggestion is not try to do that before you have got it .2)You can use some other low-price or free coin to test and train yourself . 3)You can get some free coins by some airdrop or bpuntries . Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: drumamat on July 07, 2018, 11:13:52 AM If bitcoin or ethereum starts to actively decline the price, I always sell 10-20 percent of my balance, in order to then buy it at low prices
Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: razgeriez on July 07, 2018, 01:31:58 PM Always sell Bitcoin and ETH when it's on the increasing, don't be so greedy and you won't regret about it in the future when it drops.
Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: trumper on July 07, 2018, 04:00:37 PM Red Flags
All of them are true, but there have been lots of ICOs with public faces but came scam now. I think any coin except bitcoin has some degree of red flag when investing Title: Re: can you recommend any red flags when buying cryptocurrency? Post by: MoonIsBlue on July 07, 2018, 08:55:56 PM Are there any particular things that you consider red flags when buying cryptocurrency? There are a lot of cryptocurrency out there with more being introduced every day. I'm pretty new to cryptocurrency so I'm looking for input from others as far as red flags that I should avoid or other things that I should be careful about. Its a bit subjective, a lot of the opinions people will give also relates to how much risk they are willing to take. Red flags are common sense really. You should really know the ins- and outs of if you want to make responsible choices which also boils down to experience and knowledge of investing. There are so many red flags it would be hard to list them all so just use common sense and always ask why, if some whitepaper looks like a brochure with fancy marketing language then ignore that project and be aware of any ICOs that are flashing with industry names (like Roger Ver) these companies only do that to get your attention and your money and often those situations don't work out well. The example I give you now also illustrates how subjective it is and that it boils down to experience. Try to become familiar with the space first, maybe look up past scams and analyze them for their red flags so you can learn from the mistakes of others. |