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1  Other / Beginners & Help / Re: Newbie must read this,, Tips for Choosing Legit Cryptocurrency Assets. on: November 25, 2021, 02:41:02 PM
Hello everyone, sorry for the mistake I made, Yes, I admit that the topic I created was not listed by a clear source. I took the post from here https://coinvestasi.com/beli-bitcoin/panduan/pemula/tips-memilih-aset-cryptocurrency-yang-legit

When making the post I forgot to attach the source. This error is purely from me, because this is my first post since I'm Off on December 27, 2019.
I hope anyone here can forgive me.  Yes, it was my fault.

ok, I've updated it and have attached the source
2  Other / Beginners & Help / Newbie must read this,, Tips for Choosing Legit Cryptocurrency Assets. on: November 23, 2021, 03:15:58 PM
TIPS CHOOSING CRYPTO ASSETS FOR NEWBIE.

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INTRO

This thread was created as information for Newbie who wants to invest in cryptocurrency.
Investment fever (cryptocurrency) hit various parts of the world. Skyrocketing crypto prices certainly tempt Newbie to jump into the cryptocurrency market, but there are a few things to learn before investing.

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DESTINATION

My main purpose for making this thread is to give a little input to Newbies who want to invest in cryptocurrency. Because I have tasted the bitter sweetness of investing in some coin. After I researched, there are several points that I share here so that they become provisions for Newbies so they don't experience big losses like some other investors have experienced.

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TOPICS

This is what Newbie needs to pay attention to when choosing which cryptocurrency assets are legit to invest in.

1. View Community.
The first step that a newbie must take to choose an investment asset is to follow the community regarding the target crypto asset. The goal is to get information about the crypto asset to be purchased.

2. Fundamental Analysis.
This will be the foundation of investment, potential investors need to know who the team behind the crypto is, goals, in order to know the strengths and plans of the project in the future (In the long term). Fundamental analysis will help potential investors to make better investment decisions.

3. Technology.
Technology is an important part of the success of crypto projects. Potential investors must know the technology used, benefit and advantages over other projects. Will the technology they offer be able to attract investors? transaction processing is faster and has a good future. An example is Ethereum technology.

4. Whitepapers.
Every newly released cryptocurrency, the project team usually issues a whitepaper. And potential investors should not invest anything in it before thoroughly reading the whitepaper.

5. Vision.
The best places to invest in cryptocurrencies are projects that have a strong vision. So that it can go far and provide long-term results. Although short-term gains are attractive, and potential investors may think about swing trading, but potential investors should think about how the fate of cryptocurrencies in the next 5, 10, 20 years, etc.

6. Leadership.
The success of a crypto project is navigated by a leadership team, they make all the big decisions. Project leaders are the people who carry out the vision, so potential investors need to research their team and also see what they have accomplished.

There are a number of things to consider when looking at project leader engagement, such as:

  • potential investors should see if they personally invest in the project.
  • See other crypto related projects they have worked on or if they have relevant experience.
  • Do they have a reputation as CEO?
  • Research what their leadership team is saying about the coin and what they want to achieve.

7. Price History.
price fluctuations tell the history of a strong coin and whether it will be a good investment for the future. Coin Ranking or Coinmarketcap are good places to find live prices and price history.

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Above are some tips for Newbie who want to choose crypto asset for legit investment, what is clear is that newbie investors must be diligent in doing their own research and continue to study crypto assets so that they are not easily carried away.




Luck does not just come without a strong effort. Anyone can invest in cryptocurrency, but not all investors can get multiple profits. So never put eggs in one basket.


Those are some tips from me, if other users have input, please leave a comment here.  Wink

Good luck.

Source: https://coinvestasi.com/beli-bitcoin/panduan/pemula/tips-memilih-aset-cryptocurrency-yang-legit

3  Alternate cryptocurrencies / Altcoin Discussion / Re: Hack any wallet? on: September 27, 2019, 04:15:21 PM
So there are 12 words chosen from thousands to recover any wallet.

If you iterate through random word combinations you will eventually generate a wallet that exists, correct?

I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
It took a very long time to get 12 matching words from thousands of randomized words. To recover a wallet is not an easy job, if you succeed, not necessarily a wallet that you managed to hack full of valuable coins that are in accordance with the time you have wasted.
4  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Changing the rules in the End of the Bounty Campaign is a form of Abuse on: September 13, 2019, 02:20:11 PM
I do not understand why such rules are changed when the bounty has entered the final stage, and almost all such cases occur with potentially successful bounties.
Has it been previously arranged by the manager or the bounty team ...?
If true, this is totally unacceptable, because they did not appreciate the role of bounty participants who had promoted their projects.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Finding the best Altcoins on: September 13, 2019, 11:32:51 AM
The method you mentioned is very complicated and too time consuming, To find the best coins, you don't need to bother. You can visit the coinmarketcap site, because you can use coinmarketcap as a reference to find the best coin as you want.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: IS IT A SIGN OF FAILURE OR Scam? on: September 13, 2019, 10:39:59 AM
Bounty participants are workers who always expect compensation after their work is completed.
What happened with the cryptocurrency market is now very understood by bounty participants, therefore they prefer a bounty campaign that offers Bitcoin or Eth. Because the results they get directly can be used without having to wait a long process.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: What if Ethereum replaces Bitcoin someday? on: September 12, 2019, 04:21:12 PM
If we look at the current situation it is very unlikely Ethereum can replace bitcoin. From the popularity and price alone Ethereum has lagged far behind bitcoin.
So it took a very long time for Ethereum to be able to replace bitcoin.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BNB become the king of all coins on: September 12, 2019, 03:14:48 PM
In my opinion, it's impossible for BNB to become the king of coins in cryptocurrency, as we already know, BNB is one of the altcoins that shelter under the roof of Bitcoin.
To be the king of all coins,  BNB must beat the popularity of Bitcoin, and I think that is very unlikely to happen.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: 2017 vs 2019 on: September 12, 2019, 11:08:12 AM
In 2017 I sold all ETHs, because at that time the price was very good if we compare with the current one, and I also feel sorry for those who have bought ETH in 2017 and hold it until now, because the price comparison is very far away.
The step you take are very well and right, in 2017 Ethereum reached its peak and almost all Ethereum holders at that time made huge profits. But in 2019 the reality is very much different, Ethereum experienced a very drastic price reduction, Can Ethereum be able to repeat the achievement as it did in 2017 in the near future ...?
10  Alternate cryptocurrencies / Altcoin Discussion / Re: No good projects from a long time on: September 11, 2019, 11:02:48 AM
In my opinion, there are still good projects, but they got lost in a pile of garbage. I also see such a problem as a loss of investor confidence. I think that everything can still change, but this requires a real revolution in cryptocurrencies.
We must wait and continue to explore every new project in circulation. Rest assured, Of many new projects in circulation there must be one good project. It's just that until now, we haven't found a project that really has good potential.
11  Local / Altcoins (Bahasa Indonesia) / Re: 🚀[ANN]🔥 RachelX Token – The Revolution Of The Erotic Industry On Blockchain on: September 11, 2019, 10:36:02 AM
Menurut saya kemungkinannya sangat besar terjadi gan, bayangkan saja saat masa penjualan token masih berlangsung, mereka bisa membuat IEO di empat exchange tersebut. Sangat berbeda dengan proyek lain, yang hanya mengandalkan website mereka untuk menjual token. Jika pihak RachelX berhasil mengembangkan proyek mereka dan bisa menarik banyak investor, sangat besar kemungkinan coin RACH bisa terdaftar di exchange yang lebih besar.
Kalau berbicara kemungkinan memang besar gan, tapi ada juga project yang hanya membuat IEO dalam exmarket tapi tidak membuat listing disana, contohnya seperti project stabledex yang pernah saya ikuti.
Ya, contoh yang anda sebutkan tidak terbantahkan, tapi semua itu sepenuhnya berada ditangan tim proyek RachelX. Sampai saat ini Kita hanya bisa berasumsi dan menunggu perkembangan proyek sampai coin Rach benar-benar terdaftar disebuah market.
12  Local / Altcoins (Bahasa Indonesia) / Re: 🚀[ANN]🔥 RachelX Token – The Revolution Of The Erotic Industry On Blockchain on: September 11, 2019, 06:43:49 AM
Saya rasa untuk langkah awal sudah sangat bagus mereka bisa listing di exchange sekelas Latoken, Vindax, Finexbox dan Exmarkets. Memang keempat exchange tersebut tidak termasuk kedalam katagori exchange besar, tapi mereka sudah berusaha mengembangkan proyek mereka sehingga bisa terdaftar di empat exchange sebelum masa IEO berakhir.
Sekarang ini Pihak RachelX Token hanya membuat IEO dalam 4 exchange tersebut gan, dan belum tentu mereka akan membuat listing didalam 4 exchange  itu gan, walaupun kemungkinannya ada.
Menurut saya kemungkinannya sangat besar terjadi gan, bayangkan saja saat masa penjualan token masih berlangsung, mereka bisa membuat IEO di empat exchange tersebut. Sangat berbeda dengan proyek lain, yang hanya mengandalkan website mereka untuk menjual token. Jika pihak RachelX berhasil mengembangkan proyek mereka dan bisa menarik banyak investor, sangat besar kemungkinan coin RACH bisa terdaftar di exchange yang lebih besar.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin and alts on: September 11, 2019, 05:34:22 AM
Agree with what you say that altcoin can not be separated from the movement of bitcoin. bitcoin seems to have bind altcoin so that all price movements depend on bitcoin. but there is also altcoin which is pretty good but not much.
Bitcoin and altcoin are two virtual currencies that cannot be separated. Bitcoin is the most popular digital currency and is known by the public. The price is very expensive, and will be very difficult to reach by novice traders and amateurs.
Whereas altcoin is an alternative coin that always coexists with bitcoin, with a relatively cheap price will be straightforward to reach by novice traders. Although bitcoin and altcoin are two different elements, but altcoin will always be under the umbrella of bitcoin.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin and alts on: September 10, 2019, 03:05:58 PM
If all your prediction would happen, it would bring positivity in the entire market, we cannot deny nowt hat bitcoin is still the most consistent coin in the market but altcoins in general have a very poor performance this year. A skyrocket of bitcoin means we are also expecting that there will be a new ATH that will be created, and with new ATH comes with the hype and the FOMO and the we will see new big pumps again.

I was just thinking of the scenario that happens in the past, I don't know if it will still happen sooner, but it's good to stay optimistic all the time.
Lately what has happened to Altcoin is very worrying, and even this year is arguably the most difficult year for altcoin.
What happened to altcoin this year?
Until when will altcoin continue to hold on like this ..?
Maybe questions like that will always cross our minds. Because if we look at in the year 2016 and 2017 altcoin always consistently follows the movements of bitcoin. But this year, such trends do not happen again, Even though bitcoin has returned to the right track, meanwhile until now altcoin is still bleeding and very alarming.
15  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin and alts on: September 10, 2019, 08:11:42 AM
If bitcoin prices skyrocket again, then slowly the price of altcoin will also go up. Circulation like this will continue to occur in the cryptocurrency market, considering the price of altcoin always follows the development of bitcoin prices.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How bad is other altcoin value on: September 09, 2019, 04:17:30 PM
I hope this will not happen in the very near future we are still in recovering period and another decline or bear market that may occur can totally crash the whole altcoins I saw last year some of my prospect altcoins that I believe can give me huge profit for holding but opposite happens it down to almost -95% up to now time will tell if they can recover or not.
It took a long time for Altcoin to get back on its feet. In a bloody situation like this, the miners must really be able to rack their brains and find new ideas, so that the coins they develop can continue to survive. If not, we can be sure their coins will disappear in circulation...
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you always invest in top ranked coins? on: September 09, 2019, 07:56:26 AM
I have experienced a great loss, now I am trying to use the next opportunity to invest in top ranking coins because I minimize the risk and I do not want losses to occur again.
I also experienced the same experience as you, at that time I wanted to invest in the long-term, by buying a few coins to get a profit. But the situation is not as I wish, the coins I bought had a very drastic price drop, so that makes me lose quite a lot of money.
Now I buy some top-ranking coins, and prefers to invest in short-term time only, and the strategy worked, slowly I was able to get my money back.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: waiting for altcoin season might take time on: September 09, 2019, 07:01:20 AM
I don't see the altcoin season, at this time the market is more supportive of the bitcoin season because I see that the price of bitcoin has recently increased rapidly. a good decision if you invest with bitcoin.
At the moment, bitcoin still dominates the price increase in the market, while altcoin is still very far from expectations.  But that doesn't mean that the price of altcoin will always be the way it is today, as true investors, This is the best opportunity to invest, and they will get results when the altcoin season returns to increase.
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bad days for crypto on: September 08, 2019, 04:15:37 PM
Looking at current price movements, almost all altcoins are experiencing price declines, and bitcoin is also experiencing the same thing.
According to my assumption, it will be very difficult for bitcoin to reach the point of $ 20k.
Although the cryptocurrency market is very volatile, but it is very unlikely that bitcoin will reach $ 20k by the end of this year.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Almost all the altcoins in red again! on: September 08, 2019, 03:18:19 PM
yes even though the price of all coins starts to red again this can be a very good opportunity to be able to buy as many coins as you want, many new traders who buy coins incorrectly, they buy coins when prices have gone up, while the best time or moment to buy coins is when prices fall like this.
Actually moments like these are the most anticipated by traders and investors, when the price of altcoin is bleeding, they can still take the opportunity to make a profit. With the experience they already have, it will be very easy for them to get the results they want.
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