Title: What coins to buy - 5 basic tips Post by: megget on February 15, 2018, 08:16:48 AM Every day there are several topics with a question that what coins to buy better. Pump brains and learn to think and analyze. Enough to ask a stupid question, which you beginners will be advised to buy any shit coins.
Ermos Kyriakides wrote a terrific article for you. Enjoy reading. What Problem Does It Solve? The first thing to ask yourself is — What problem does the project try to solve? What are they trying to achieve and is there truly a need for a Blockchain or Directed Acyclic Graph (DAG)? Let’s take Bitcoin (BTC) for example. It is the big boy and was the first project that brought a real use-case for the blockchain. Bitcoin was presented to the world as a cryptocurrency with minimal fees, a degree of anonymity, near-instant transaction times with a decentralized, immutable ledger. Things have changed since, but what Bitcoin set out to become had a real use-case for a blockchain. BTC can be purchased on various exchanges with FIAT including Coinbase, Bitstamp, Gemini and Kraken. Token Value By definition, investing “is the act of committing money or capital to an endeavor (a business, project, real estate, etc.), with the expectation of obtaining an additional income or profit”. When investing in a particular digital currency, you need to think — where does the value for XYZ come from? What makes XYZ’s price increase? Let’s take two real examples:
I am not arguing whether you should invest in coins like DOGE, as they can bring a significant return on investment (ROI) in the short-term, but are definitely riskier investments and more prone to disappear once the impeding crash comes. DOGE and ETH can be purchased on Coinbase, Bitstamp, Gemini, Kraken, Bittrex, Gate.io and many more. Coin Supply & Market Capitalization (Market Cap) Before continuing, I would like to get some definitions out of the way (courtesy of CoinMarketCap):
A huge mistake I see many people make, is investing in a coin because the “price per coin” is cheap(er) — something completely incorrect. For example, we have Project A and Project X. Project A has a supply of 1000 coins worth $1 each. Project X has a supply of 10 coins worth $100 each. The value of both projects is exactly the same, as they both have the same market cap, however, many people are under the false impression that investing in Project A is a better choice. To make it as simple as possible — the more coins there are, the less valuable they are. Consider the following:
Team & Transparency A very important factor to take into consideration when investing in a project is the team behind it. Some questions to think about are:
Investors & Partnerships Something I find extremely positive when deciding what to invest in, are current project investors and partnerships. The reason should be self-explanatory, but having the backing of well-established entities gives the project further legitimacy. A few examples with eye-catching investors and partnerships are:
Conclusion Jumping on the “hottest” coin could bring you short-term gains, but if you are looking for a serious, long-term investment, proper analysis has to be performed.Link to original article: https://hackernoon.com/5-cryptocurrency-investment-tips-6e9e23e223be Title: Re: What coins to buy - 5 basic tips Post by: mudasarali43 on April 22, 2018, 09:50:01 PM I have some good coins to buy because I think they are available at good price and best to invest in because they have good team and Best Technology and also good concept,
TRX ADA Eth, Title: Re: What coins to buy - 5 basic tips Post by: ManaMan on April 22, 2018, 09:55:00 PM Investors & Partnerships Something I find extremely positive when deciding what to invest in, are current project investors and partnerships. The reason should be self-explanatory, but having the backing of well-established entities gives the project further legitimacy. A few examples with eye-catching investors and partnerships are:
It's really the way how some people evaluate the projects. But at least you should raise some concerns regarding some crypto when it has partnerships. A currency can't have any partnerships, the dev team can. Mostly how projects are evaluated is by how good are devs working on their product or in this case if there are any good partnerships with them. But at the end of the day trust needs to be established between the community and dev team Title: Re: What coins to buy - 5 basic tips Post by: rahutomo on April 22, 2018, 10:06:55 PM The article is good to understand.
But we also do not forget, that the failed project is not because of some of the above factors, but also because the tool to buy is also too small. a small example is the opinion of investors, seeing the incidence of falling prices of bitcoin and ethereum yesterday, that is also the cause. Title: Re: What coins to buy - 5 basic tips Post by: Mr Airdrop Infinity Lover on April 25, 2018, 07:36:47 AM Highly recommended to Buy THUG, this coin will never disappoint you, im sure they meet all the criteria mentioned, They have no ICO and completely for free through bounties, if you want more you can buy on Exchanges and hold for atleast 2 years with no regrets😊
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