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Title: What do you look for in a crypto..... Post by: TakeiCoin on February 04, 2014, 08:41:29 PM What do you personally look for in a crypto before you decide to invest?
Title: Re: What do you look for in a crypto..... Post by: lametom on February 04, 2014, 10:18:23 PM That's a complicated question and something I have had to figure out on my own. Some of my investments and mining strategies have paid off, others have flopped and left me in the hole.
I would recommend looking at the crypto's website and thinking about how it is unique or has potential for use. Keep in mind a lot of coins are designed to just pump and dump making those in-the-know rich. Experiment with small investments and other tests. Don't believe everything you read. Hope that helps. My website is designed as an educational resource for those new to cryptos if you want to check it out: http://bitcoinstory.org/ Title: Re: What do you look for in a crypto..... Post by: tompa555 on February 04, 2014, 11:03:52 PM That's a complicated question and something I have had to figure out on my own. Some of my investments and mining strategies have paid off, others have flopped and left me in the hole. I would recommend looking at the crypto's website and thinking about how it is unique or has potential for use. Keep in mind a lot of coins are designed to just pump and dump making those in-the-know rich. Experiment with small investments and other tests. Don't believe everything you read. Hope that helps. My website is designed as an educational resource for those new to cryptos if you want to check it out: http://bitcoinstory.org/ Like you said it very complicated question. Maybe you just need to have a hunch for it and buy it when is at low price. Maybe this site will help you decide http://cryptmarketcap.com/. Here you can find list of 64 coins and alt coins and also market cap, volume, how much coins is mined and coin change up or down in %. It's interesting watching moon coin now... He rice day by day . Cheers Title: Re: What do you look for in a crypto..... Post by: Akytan on February 04, 2014, 11:25:58 PM What do you personally look for in a crypto before you decide to invest? A big bump! Title: Re: What do you look for in a crypto..... Post by: MicroGuy on February 05, 2014, 01:48:57 AM What do you personally look for in a crypto before you decide to invest? The three things are: coin name (is it brandable?), quality of community, Satoshi like developer. Title: Re: What do you look for in a crypto..... Post by: Aahzman on February 05, 2014, 03:16:19 AM The first thing i look for is "Is it Bitcoin?" If it's not, I ignore it.
Title: Re: What do you look for in a crypto..... Post by: R0yalAir on February 05, 2014, 06:29:28 AM What do you personally look for in a crypto before you decide to invest? i do personally look for nothing special in a crypto before i decide to invest :) Title: Re: What do you look for in a crypto..... Post by: linuxnewbie on February 05, 2014, 06:33:49 AM Popularity
Title: Re: What do you look for in a crypto..... Post by: Sonny on February 05, 2014, 06:35:09 AM Just check if it is another clone of bitcoin/litecoin.
The first thing i look for is "Is it Bitcoin?" If it's not, I ignore it. Well said lol. ;) Title: Re: What do you look for in a crypto..... Post by: Smileyftw on February 05, 2014, 06:51:52 AM Popularity what kind of popularity are you talking about ? Title: Re: What do you look for in a crypto..... Post by: Sonny on February 05, 2014, 06:59:44 AM Popularity what kind of popularity are you talking about ? Maybe the number of spammers in the forum lol. JK ;) Title: Re: What do you look for in a crypto..... Post by: linuxnewbie on February 05, 2014, 07:04:57 AM Fame
Popularity what kind of popularity are you talking about ? Overall real-world popularity Title: Re: What do you look for in a crypto..... Post by: linuxnewbie on February 05, 2014, 07:09:18 AM Seriously though, I would only invest in an alt if I thought it had the potential to surpass Bitcoin in popularity.
Title: Re: What do you look for in a crypto..... Post by: Smileyftw on February 05, 2014, 07:21:54 AM Popularity what kind of popularity are you talking about ? Maybe the number of spammers in the forum lol. JK ;) Actually i was thinking the same lol jk ;) Fame Popularity what kind of popularity are you talking about ? Overall real-world popularity I didn't know that was a serious factor. |