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Author Topic: How to decide on your cryptocoins?  (Read 1380 times)
Febo
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January 25, 2017, 02:22:20 AM
 #21

Maybe the title isn't as obvious as i want it to be, i wanted to know from people already investing in cryptocurrencies how to decide/research which coin is worth the money and which is not, what does it take for a coin to look successfull, strong code? Dev support? Most importantly, how to decide where to invest rather than taking advice on what to invest into.


https://www.coingecko.com/en

This helps a bit. so you can see how popular and how much development coin have. But please top10 coins there are not 100% best and worse then rank100 coins there are not totally crap.  Just take that rank as some factor of choosing.  Chose few coins and research them more. You have only 24h a day so it will be impossible to research all you will want to Smiley


burner2014
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January 25, 2017, 10:52:40 AM
 #22

Deciding where to put our investment could be a hard thing especially if we are new here in bitcoin industry, however, there is called forum here where you can ask what are there investment is and their strategy and do own research study first its flow and investigate it and read some testimonies in the internet.
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January 25, 2017, 11:01:05 AM
 #23

Maybe the title isn't as obvious as i want it to be, i wanted to know from people already investing in cryptocurrencies how to decide/research which coin is worth the money and which is not, what does it take for a coin to look successfull, strong code? Dev support? Most importantly, how to decide where to invest rather than taking advice on what to invest into.

I know your purpose is to profit but how will you act here when you want to choose a certain alt? Like in bitcoin, mostly are holding or like in other alts doing day trades etc, what is your preferred? If holding purposes I see no alts can give you an impact in the long term holding since coins are not distributed well and being used therefore majority are bagholders and whales that can dictate the flow of the price. If day trades or playing with the active price fluctuations everyday, I suggest to look carefully at those altcoin that will established a good volume day by day.

How to do that? It's really hard since you don't have a specific coins to choose. I suggest to look carefully at the price chart volume in those exchange. Make some research about the coin you will see there with an active large volume. After that make now some conclusion. Can't give you the specific alts since they are vary but if you give seriousness in this activity it will turned you to a success.

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machinek20
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January 25, 2017, 02:02:04 PM
 #24

Usually i see from transaction volume and the updated news, from the forum you can know which coin is actually a potential coin, but finding a long term potential alt coin to invest is really difficult, i prefer invest in other things rather than in alt coin, the price is too unstable
CraigWrightBTC
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January 26, 2017, 11:57:23 PM
 #25

I use http://coinmarketcap.com/ become good ref for buy altcoins and investing into them
there are some coins that has large volume of transaction on the markets
actually what will be done with the altcoins, ( the aim we make investment in altcoins, building projects or trading altcoins), it is important before buy altcoins, personality i use them for trading altcoins.
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