Bitcoin Forum

i want to ask to you , what should i do before i decide to holding a coin ? a part from the clarity of the developer
thanks you before , and i hope you all can understand what i said  ;D

I think you have thoroughly researched the rubber before investing, if not then you need to see if the rubber is good application, profitable and long-term application for investors before Think of keeping it

you must know how blockchain works, how to download wallets, information about security, information about exchange hacks.

I think you are asking the things to note before investing and holding a coin, if i understood it right, here are some basic tips for you,
1) read thoroughly about the coin and project from their website and whitepaper.
2) get to know about the developers and team behind the project.
3) research about theuse cases of the project/coin.

If you are satisfied from all these points after your research and due diligence, go ahead, buy and hold the coins.

All you have to have is the knowledge of cryptocurrency, if you already know a lot about cryptocurrency. Do not have a coin to make your life rich anyway it can happen and you must be connected by internet.

You must have some capital and BTC before holding a coin. But in all seriousness I wouldn't seek out a coin to hodl it that doesn't seem like the right approach. Instead make a game plan of where you want to enter and exit a coin, and stick to that. Holding is overrated in my opinion, and sometimes it puts you in some hurting spots. Take care of yourself and make that plan.

ah , im glad you can understand my english , thankyou for your suggest i will do it before decide to invest a coin
really thanks

After duly observing the above tips, you are advised to do the following too after investing
1. Do not panic
2. DOnt invest your all in a single project
3. DON’T CHASE GREEN CANDLES (FOMO TRADING)
4. DON’T LISTEN TO TWITTER TRADERS
5.  DON’T BUY WHAT YOU DON’T UNDERSTAND

You must understand the idea behind such coin or token and how such coin or token intend to solve some of the identified problem in it's whitepaper! If the coin you are holding have inherent value and is delivering utility value without depending on any third party, such a coin or token is good to hold!

Before holding a coin you need to check the price history of that coin if it has stable increasing history then it is suitable for long term hold or if you are investing on cheap coins you need to check buy and hold the trending coins and also you need to choose the right wallet never store them in exchange wallets.

Sorry, but I think this is nonsense. Stable increasing history in any form of investment is no guarantee of future performance, is it not? In fact, if you see a stable increasing history, this is quite normal for very small alt coins who have a few holders able to easily manipulate the price. In crypto, sometimes these coins are a trap for you, you buy as you think it is only going up, and then they start making more and more expensive sell orders, which you keep buying, and then the dumping proceeds.

First of all, "make your own research" and make a right decision if you want to extreme hodl a coin - is it worth it.
And you should remember that in crypto there are too many changeable things. Like main dev can decide to leave the project because Charlie Lee invited him to support Litecoin, just for example :D

just hold what you think has a bright future someday. don't hold coin if you think you will be very rich and can afford lambo in a few months. some coins take time before the market recognize it.

research about the ico and calculate how much can its value grow

Read about coin, open a blockchain wallet and ether wallet. Look for free mining site, look for airdrops alert site. Join groups too.

you have to clear about this project how good is this, research about this, then if you think its better for holding then do it, its must before hold.

In many case, the coin will drop for a moment aftet first release, then they will rise after min 6 mount. To holding some coin, you must learn about their target, their goal, their technologies, their community, and how much they will be useful. Usually, the great coin to hold is the coin that have unique features and fresh technology so they can stand for long term on crypto war.

If you decided to hold a coin, check the project's roadmap, mark the most important dates in the calendar and follow the project's development. Set a suitable price for yourself when you're ready to fix the profit, because holding forever won't make you rich until you sell the coins.

There are many suggestions seen here, I also add something about your eagerness to know fisrtly research about coinmarket which coin is best and which type of developers work among this coin developing and which person head of this coin and his past trustness if suitable to invest then go to invest over this.

So investing on the high price volatile coins make sense. ;D

Many altcoins will lose their value in the long term hold that is why it is important to check the price history of the coin but it may not applicable for all the coins only suitable for well established crypto which was created over years.

If you want be calm and confident about your investment - research idea of that before do something. Read whitepaper, watch coin's history on exchanges, check team of develop               

Research with your own shitcoin,first and foremost you need bunch of time to be able to investigate and check the background of these people,i mean their credibility as the developers,are they real people?if yes are they capable of doing the project? or its just another shitty project that is only created just to raised funds and runaway from the investors.

You can't invest money that you can't lost completely. So if you have not - don't try. Just save your life from that risk. Try to plan what you wait from coin, and what you will do if if if.

What I know before anyone should decide to hold any coin is that one must first and foremost look out how promising the coins have and the potentials such coin possess. From there, one can also consider the roadmap to know how the coin is trying to develop. Also the team behind the project should also be considered

Before pursuing any project and thoroughly studying its goals or any action related to research, at the basic principle, it is necessary to have an estimated and concrete strategy for such action, knowing and calculating all risks and calculating the time to invest and insure. However it is relative and another important factor is to follow up with the market trend, this is essential.

All the analyzations, calculations,  research, and plannings are actually waste of the time if the developer team behind the scammy project is very well camouflaged with their thorough plans for the coin future.
The market trend is the actually promising choice but when the choice in the OP  mind is taken the coins can as well change the tides and the one which he wants to invest in can circulate and fluctuate to the opposite direction on the market charts.
I personally wouldn't recommend anything before the own decisions and self-education prior to the investment.
Noone will give exact advice to the OP but with the comparison of different advice and hints, he will maybe bring a right choice with his investment.

knowledge, knowledge of everything associated with crypto and altcoin. moreover, if you are interested in some altcoin, you should try to learn it and search for many information.
enriching insight and knowledge that is the main capital in the world of crypto.

First of all you should determine your aims, why do you want to hold coin?If you want to earn more and fast you can buy Bitcoin and after that invest in some top altcoins that you can sold for more. I can advise you to hold coins that gained growth for last month relatively its price.

You should check whitepaper and what in it. What this project represents at all. Also read about development team, check their LinkedIn profiles, check what is it at all

You have to have a blockchain wallet and myetherwallet.
It's important. Then read and learn about exchangers.

You need to do the thorough research about the coin and it's market stats while holding any coin.

I guess you will need to consider the product and the development status of the project or coin,because if there are good roadmaps while these people doesnt to their job,there will be no difference because they are morelikely wont develop anything,i believed on the team,product and its roadmap and they should be doing their best to get the roadmaps done so that users will either use or invest to the project.

And if you're about to invest your money in some project - check latest news about them before doing something, maybe project have some problems right now?

Firstly you need to have knowledge on cryptocurrency and should have good analysis skills to choose or when to buy and sell coins. These three is basic requirements and if you are strong enough in these three then you are good to go. Suggest you to gather advice from this forum as well just like you did now to get some idea before investing.

You must correctly assess the prospects of the project. In this forum you can often see how people complain that hold is a bad strategy. Although they just bought a scam and waited for a miracle

Go through their website and white paper, if you found it unprofessional then stay away from such coins. Try to analyze their road map, whether the targets set by the developers are achievable or not ? Do your on research regarding the future of the coins and invest accordingly. Make sure to avoid investing bulk amount into a single coin as it is quite risky.

If you are planning to hold on any coin then firstly you must check the past history of that coin. If the history was good in terms of price rise and the project is well maintained then you should go for that coin.

to wait for the coin to be listing in a market and to find the highest price of a coin.

that's true, most of it is.
sometimes people hold coins there is no knowledge at all, and eventually the coins that he hold even down the price. because it does not update the coin information.

This is a good suggestion. If I may add, OP should understand the purpose of the coin. Is it something new? Is it can solve the new problem in Crypto? That's was I thought.

You need to understand what the coin project is and whether it meets some of the hottest project types. Second, you need to go through your own way to see if the project team is reliable. Finally, don't be greedy!

You have to see how many people hold that coin and what the market for coin is. Go to google trends to see if the number of searchers on the coin increases. If they increase, it means the pennies you care about are of great interest. So you hold them in the future they will generate income for you. Please analyze carefully before holding them.

You should know what the project is all about then decide if it has a potential to be big in the future which will bring you a lot of profit as time goes by. Another thing is to evaluate whether the ICO price justifies the supply.

Checking thoroughly the whole project if this is good or not. Or this coin with huge potential to become top also in the market. It is necessary for us to do this before holding some coins to avoid regret at a later end.

You should have proper knowledge about cryptocurrency and all the coins you plan to hold on. Also about blockchain if you will hold your coins in blockchain and that would be safe. If you are holding in an Exchange you should know their charges and fees.

money to buy coins, information, and risk preparations. well, it's all in need before you hold the coin in a long stroke. You also have to have patience, because when a coin dumps, you might feel panic. well, that is the natural thing of all the coin holders.

1. Look what kind of a coin it is. Where it is planned to be used. Will there be a demand for the use of this coin in life.
2. Note whether the developers are involved in the project. Do they often announce this project.
3. Analyze the price chart for this coin. What is its trend
I think if you conduct such an analysis, then the chance to buy a good coin will be high.

In my opinion, the first possession before holding some coins is the capital of digital money, sufficient knowledge, recognizing crypto. Get to know the market well. Choose popular crypto. And do not be influenced by rapid fluctuations. Do not invest too much first.

You should know how things work in crypto and you should research the coin first to see whether the future is good or not and decided to buy the coin. You don't have to give anything to the developer but you should help spreading the words in order to make it more popular and raising its value.

of course you must have a wallet first, then buy a coin or mine a coin and then stored in the wallet. then you can hold your coins in the wallet you have created.

Aside from the team behind, learn the basics about the project.
What is it all about?
What is it for or what problem is the project trying to solve?
Is it relevant in your opinion?

Those are my basic guides. You may add some.
 

Yes check the previous updates but for me its also the present update. Why? Because when looking from the previous updates to the present I will guarantee you will get it if you always look at it and think, make conclusions.

For example if the updates goes up and 3 hours later it goes down and the most updated one is red it you see a candle stick that is on the top, there it will be increase step by step. You second option to know if you dont still get what I'm saying and others has explained, you go to youtube.

You need to find out about the coin, analyze its potential in the future and decide whether to keep it

In fact you can never be completely sure of the correctness of the decision. This is a very active market and you need to understand that you always risk, even when you are confident in the selection of coins.                  

First of all you need to find out everything about the market and the movements in price and demand for coins. And then invest, realizing that you are making the right choice on such and such principles. And these principles for yourself can create tens and the more of them the less coins you will have to choose from.

I think it's a good idea to learn and analyze the growth of coins you have in the market, if the growth of the coin shows the good progress you can bear to get the benefits you want and then sell, but if it seems the price of the coin does not change maybe you can sell it so as not to lose much.

You just need  a proper research about ico and token. you also need to research how value increase . crypto investing is risky invest but if you learn at first then you can minimize your own risk.

The cost is only information, if you know how to collect it then you can succeed in almost any project.

Watch and learn about future possibilities of project that coin presents, if it's correct and good - you may hold even small coin and get rich someday)

One of the main priorities is still the ability to make rational decisions and not to succumb to panic. Many people come out of the project ahead of time and regret it.

I bet you already had a technical skill and capable in analysis so I will say that all you need is emotional skill which it needed to overcome you psychological impact when seeing you portofolio in reds.

Researched the hell out of the coin, have some general crypto knowledge, a wallet, etc. There should be some guides out there to get you started.

I think you should understand how the coin moves? you can visit his website and see the whitepaper. and you do not easily panic when already holding the coin.

If you want be calm and confident about your investment - research idea of that before do something. Read whitepaper, watch coin's history on exchanges, check team of develop.

Deep research and reading alot of articles will give you an advantage. because if you know where to invest an altcoins you probably in the right direction just be patient everthing will be okay. Hodlers are always a winner.

Learn everything about cryptocurrency in detail, from definition, how to work, and often see the market price of various coins available on a trusted website. Also wear a trusted wallet because it will make your coins safer stored. After that look for coin which according to many people this forum worth to investment. That's it from me.

Patience IS the key if you don't have this then you can't hold any coin.

If you don't have patience then better you don't watch market and keep yourself away from the market after buying that coin which you want to HOLD.

Understand the basics of blockchain, understand how wallets are used, understand the team's development ideas behind the tokens, and the history of team members. There are many things that you need to understand. Understanding enough can bring you better judgment.

Coins that have potential will be in the best market. I think there are two things you must understand and learn before holding a coin, first, you must understand the market and next you thoroughly understand the coins you will hold. Potential coins can usually be seen from whitepaper, websites, company profiles, development teams, and sales markets. Maybe useful.

One of the main priorities is still the ability to make rational decisions and not to succumb to panic. Many people come out of the project ahead of time and regret it.

The first thing that you need to do is do a thorough research on the project and its real world use cases, also look deeply into the dev team and their past experiences and the projects they have done. Then you need to make sure that the PC you are going to hodl your coins on is secure and if not then use a completely different OS or PC for storing your coins on, if feasible.