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Author Topic: Guide: 6 Steps to evaluate if alternative cryptocurrency is worth the investment  (Read 753 times)
tyz (OP)
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August 21, 2015, 08:26:38 AM
 #1

Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/
eyeknock
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August 21, 2015, 11:20:56 AM
 #2

Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/

thank you for the link man, there is lot of people who should read all those things before do the next step, hell even if you follow all those things you will need to be carrefully with your invest, in last months i can see that there is lot of new alt-scam coins, so all help like this guide are always welcome.
NorrisK
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August 21, 2015, 11:25:07 AM
 #3

Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/

They are good points but all of them are related to common sense.. For new users it is helpful, but anybody who at one point got burned by a coin should know this stuff.
unusualfacts30
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August 21, 2015, 11:35:15 AM
 #4

It forgot to mention the part where you're supposed to take greed take over your intelligence  Tongue

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HeroCat
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August 21, 2015, 01:34:43 PM
 #5

One of main points for evaluating can be altcoin popularity in a whole altcoin market. If there are a lot of sites, which use this altcoin, its price can go up  Wink
mezmerizer9
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August 21, 2015, 01:49:56 PM
 #6

Thanks for sharing! I just wonder how we know a new created coins meet all of the listed criterial and whether the dev teams will successfully deliver what they promised at the beginning! IMO it needs some time to verify the criterial! So I wouldn't rush to invest ICO coins or buy new coins!


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foxkyu
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August 21, 2015, 02:19:27 PM
 #7

Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/
thanks for sharing this.  it was a good article to read.
also i am agree with the last line which is state that
Quote
Although the altcoin ecosystem is filled with many scams – so do be extra careful when navigating this space
so for new altcoin trader can be more extra careful to start trading altcoin
Necromancer.
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August 21, 2015, 02:31:09 PM
 #8

It is a risky game altland  ,but can made profit for sure there. Any advise guys... Which one is good for speculation right now?
lumeire
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August 21, 2015, 03:11:53 PM
 #9

Alts are risky but sometimes worth it, just remember the golden rule in investing, invest only what you can afford to lose  Grin

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bit1
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August 21, 2015, 03:40:12 PM
 #10

Found a good guide on 99bitcoins on how to find the right cryptocurrency for investment.
It shows six points to consider for a good choice.

https://99bitcoins.com/6-steps-to-evaluate-alternative-cryptocurrencies/

thank you for the link man, there is lot of people who should read all those things before do the next step, hell even if you follow all those things you will need to be carrefully with your invest, in last months i can see that there is lot of new alt-scam coins, so all help like this guide are always welcome.

Agree, Besides with tons of coins coming using how pretext name of Ether or XT suffix will create new coins so is better read all this king of advices to avoid lost time and money.
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August 21, 2015, 04:22:53 PM
 #11

Thanks for the info, I just hope these guys at coingecko put more reliable information on their website than what coinwarz publishes (their profitability calculations are wrong, maybe on purpose, and misleading).
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