TheMystic (OP)
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April 30, 2015, 09:13:17 PM |
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I know that there many things to consider when investing in a coin. Some people look at the charts while others look at the fundamentals. What do you consider to be the most important factor when deciding if you are going to invest in a coin?
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JackRipper
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April 30, 2015, 09:16:58 PM |
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To me, the developer is at least one of the most important factors. Some can code, but they have no business sense. Others can promote a coin, but they can't code their way out of a paper bag. I'm looking for a development team that can handle all parts of producing and maintaining a successful coin.
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Q7
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May 01, 2015, 01:22:12 AM |
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For me the only thing that matters is what the coin could offer in terms of better technology compared to bitcoin taken as a benchmark. If you notice, most of the newly launched coins whitepaper is just a spun off of whatever existing bitcoin write up. Things I would be interested on is the algo, speed, security and if these core elements are there, naturally people will see it as having potential. Sadly nowadays all the new coins are purely marketing based.
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spartak_t
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@FAILCommunity
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May 01, 2015, 07:34:33 AM |
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Imho - the answer is pretty simple (but execution is not) if we are not talking about day trading.
1. Name - It's the coin's "face" and it is extremely important. You can't "sell" (adopt) CyberGoatCoin (for example). This is not serious. 2. Active developer - There are a lot of good coders around, but most of them sucks on communication. It is not enough only to update specs, you have to be also "with the people". 3. Strong coin network - A coin must be secured in order to trust that your investment will not be lost, because of some issue. 4. Strong social network - This is something that about 90% of the coins are missing. We are not talking only about hype, we are talking about foundation, which is extremely vital in order to complete 5th step. 5. Business oriented thinking - If you ask me, this is something which 98% ot the coins are missing. Lately we are all witnessing numerous coin launches with fancy roadmaps, great wallets and specs, but this is not that important, because you actually must sell that. And you have to do it for months and years ahead. It is not enough just to list it on big exchange, make some good volume, rise in price and profit. This is why most of the coins are dying right/soon after they are launched.
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tokeweed
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Life, Love and Laughter...
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May 01, 2015, 07:38:56 AM |
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I know that there many things to consider when investing in a coin. Some people look at the charts while others look at the fundamentals. What do you consider to be the most important factor when deciding if you are going to invest in a coin?
When it's trending up, I buy. When it's trending down, I try to borrow the coin from my friends and sell them, buy back lower and return the coins I borrowed (for a small fee of course). Been going good so far. I'm still learning how to trade well.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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BagHolder010
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Best IoT Platform Based on Blockchain
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May 01, 2015, 07:49:16 AM |
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Mainly how active is the developer team less talk more actions please.
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btc-facebook
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May 01, 2015, 09:02:50 AM |
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I know that there many things to consider when investing in a coin. Some people look at the charts while others look at the fundamentals. What do you consider to be the most important factor when deciding if you are going to invest in a coin?
First I'm watching is there any fenomenal promotion that have been made by new coin. For example : I'm invest Stellar since fenomenal promotion through this forum. Then I'm also checked the price and what exchanger that accept those coin. If the price quite high and stable , that's become my consideration to invest it. About exchanger, I'm prefer that coin able to accept by well known exchanger such as poloniex & bittrex
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24hralttrade
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May 01, 2015, 01:15:59 PM |
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Imho - the answer is pretty simple (but execution is not) if we are not talking about day trading.
1. Name - It's the coin's "face" and it is extremely important. You can't "sell" (adopt) CyberGoatCoin (for example). This is not serious. 2. Active developer - There are a lot of good coders around, but most of them sucks on communication. It is not enough only to update specs, you have to be also "with the people". 3. Strong coin network - A coin must be secured in order to trust that your investment will not be lost, because of some issue. 4. Strong social network - This is something that about 90% of the coins are missing. We are not talking only about hype, we are talking about foundation, which is extremely vital in order to complete 5th step. 5. Business oriented thinking - If you ask me, this is something which 98% ot the coins are missing. Lately we are all witnessing numerous coin launches with fancy roadmaps, great wallets and specs, but this is not that important, because you actually must sell that. And you have to do it for months and years ahead. It is not enough just to list it on big exchange, make some good volume, rise in price and profit. This is why most of the coins are dying right/soon after they are launched.
100% Digibyte imho
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spartak_t
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May 01, 2015, 01:54:38 PM |
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100% Digibyte imho
Looking at your avatar and signature is making it obvious.
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JackRipper
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May 01, 2015, 01:59:29 PM |
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Imho - the answer is pretty simple (but execution is not) if we are not talking about day trading.
1. Name - It's the coin's "face" and it is extremely important. You can't "sell" (adopt) CyberGoatCoin (for example). This is not serious. 2. Active developer - There are a lot of good coders around, but most of them sucks on communication. It is not enough only to update specs, you have to be also "with the people". 3. Strong coin network - A coin must be secured in order to trust that your investment will not be lost, because of some issue. 4. Strong social network - This is something that about 90% of the coins are missing. We are not talking only about hype, we are talking about foundation, which is extremely vital in order to complete 5th step. 5. Business oriented thinking - If you ask me, this is something which 98% ot the coins are missing. Lately we are all witnessing numerous coin launches with fancy roadmaps, great wallets and specs, but this is not that important, because you actually must sell that. And you have to do it for months and years ahead. It is not enough just to list it on big exchange, make some good volume, rise in price and profit. This is why most of the coins are dying right/soon after they are launched.
That's a pretty comprehensive list of the fundamentals. following your list wouldn't guarantee anybody profits (obviously), but it would help steer them in the right direction. It would also help them avoid a lot of losing investments.
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spartak_t
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May 01, 2015, 02:26:44 PM |
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.... fundamentals....
... is what most of the coins don't have.
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Snail2
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May 01, 2015, 02:29:05 PM |
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"What makes you invest in a coin?" If we are talking about medium/long term investment then, only proven good performance, long term active dev who actually delivers new features and fixes and long term active community. These conditions are making my job quite easy, only a very few coins can pass . Edit: +1: real life services... If we are talking about short term "investment" aka gambling on the exchanges I don't give a damn about features, devs, community, whatever. Only volume and the orderbook matters.
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Sarthak
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May 01, 2015, 02:29:40 PM |
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I know that there many things to consider when investing in a coin. Some people look at the charts while others look at the fundamentals. What do you consider to be the most important factor when deciding if you are going to invest in a coin?
Best Answer in my case The Crowd
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spartak_t
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May 01, 2015, 02:41:54 PM |
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If we are talking about short term "investment" aka gambling on the exchanges I don't give a damn about features, devs, community, whatever. Only volume and the orderbook matters.
This is unfortunately true. Though I have the same opinion, I will always keep the romance in me. Warrent Buffet once said - "The investor of today does not profit from yesterday's growth.". This is how I like it.
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tokeweed
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May 01, 2015, 02:50:10 PM |
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If we are talking about short term "investment" aka gambling on the exchanges I don't give a damn about features, devs, community, whatever. Only volume and the orderbook matters.
This is unfortunately true. Though I have the same opinion, I will always keep the romance in me. Warrent Buffet once said - "The investor of today does not profit from yesterday's growth.". This is how I like it. Warren Buffet is a master manipulator. http://streetwiseprofessor.com/?p=6027Let me part with my own quote "Behind every great fortune there is a crime." - Honore de Balzac Oh and Buffet himself said that Bitcoin is worthless.
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spartak_t
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@FAILCommunity
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May 01, 2015, 02:52:58 PM |
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"Behind every great fortune there is a crime." - Honore de Balzac
My point is that profit/fortune is building with efforts and work, not by manipulations. You are right about Buffet, but he is far to be only one who is doing it. It is normal for billionaires and conglomerates. P.S. I know what he thinks about Bitcoin, but I don't care... the guy doesn't even have computer. It's like some medieval knight to tell me that machine gun is useless.
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24hralttrade
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May 01, 2015, 03:48:40 PM |
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100% Digibyte imho
Looking at your avatar and signature is making it obvious. Haha yeah you are right but dont you think Digibyte haves it al? 1. Name - It's the coin's "face" and it is extremely important. You can't "sell" (adopt) CyberGoatCoin (for example). This is not serious. Digibyte,Good,strong an catchy 2. Active developer - There are a lot of good coders around, but most of them sucks on communication. It is not enough only to update specs, you have to be also "with the people". Jared Tate, 1,3 years constant development and always looking to network with other devs and people outside the crypto. 3. Strong coin network - A coin must be secured in order to trust that your investment will not be lost, because of some issue. 3300+ nodes, multi-algo,Digishield. 4. Strong social network - This is something that about 90% of the coins are missing. We are not talking only about hype, we are talking about foundation, which is extremely vital in order to complete 5th step. Check for Jared tate and Digibyte. https://hk.linkedin.com/in/jaredctatehttps://twitter.com/DigiByteCoinhttps://www.linkedin.com/company/digibyte-payment-networkAlways socializing and helping others, Helped out Naut (BK) Dogecoin with Digishield. 5. Business oriented thinking - If you ask me, this is something which 98% ot the coins are missing. Lately we are all witnessing numerous coin launches with fancy roadmaps, great wallets and specs, but this is not that important, because you actually must sell that. And you have to do it for months and years ahead. It is not enough just to list it on big exchange, make some good volume, rise in price and profit. This is why most of the coins are dying right/soon after they are launched. I think Q 4 is enough 250k investment last year. http://www.coindesk.com/digibyte-raises-250k-altcoin-retail-payments/1 office in HK and 1 office in USA
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evi_stale
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May 01, 2015, 04:13:23 PM |
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Imho - the answer is pretty simple (but execution is not) if we are not talking about day trading.
1. Name - It's the coin's "face" and it is extremely important. You can't "sell" (adopt) CyberGoatCoin (for example). This is not serious.
Sorry I found this a bit funny since you have "Failcoin" in your signature
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muddafudda
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May 01, 2015, 04:40:04 PM |
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Invest, these things take 5 minutes to make.
"The value of crypto is that perceived by a crazy person." Quote muddafudda April 2015
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hellscabane
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May 01, 2015, 04:48:12 PM |
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I know that there many things to consider when investing in a coin. Some people look at the charts while others look at the fundamentals. What do you consider to be the most important factor when deciding if you are going to invest in a coin?
How badly it can tear my asshole apart. The more tearing, the better. I like it rough... I mean, who doesn't like a "crap" coin destroying the place it came from right?
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