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Author Topic: How to find a profitable alt coin?  (Read 2854 times)
cryptfox (OP)
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July 05, 2016, 08:19:47 AM
 #1

Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?

DoublerHunter
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July 05, 2016, 09:55:38 AM
 #2

For me don't take them seriously like treating them like a bitcoin that you will buy and you will keep it for a long time because if you did that you can't make good profits IMO. If you ask me it would be better if you don't do long trade because IMO short trading is a lot way profitable than long trade because in short trade you could easily earn up to 130% in just a day of doing short trade because you are allow to buy and sell again and again. But don't forget that just do short trade on coins that are in the trend Wink.
hasiramasenju
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July 07, 2016, 06:27:51 PM
 #3

trading altcoins such as gambling for me because if you were lucky found the exact particular altcoins you could earn more profit because sometimes altcoins prices could increase more than 50% only in a few hours but if you're incorrectly predicted which altcoins have you select just prepare to get huge losses
hermanhs09
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July 07, 2016, 06:37:16 PM
 #4

Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
first of all i think you should look here for it's reviews,opinion etc.
Next important thing to do is check out if the dev's aren't anonymous,and remember that volume of coins i very very important!
crairezx20
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July 07, 2016, 06:44:02 PM
 #5

Honestly its very hard to choose if what altcoin is profitable but you can choose most legit altcoin that you can not be lose in the future..
Try to always use the coinmarketcap site to relay what is the top 10 altcoin. those altcoin is the best to invest because almost top are alive yearly..
And i think just monitor it if some of the altcoin is increase and sold your altcoin better tto wait again that the price is low to buy again.. just set a margin.. just always remmember buy low and sell high..
Altcoinsupporter
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July 07, 2016, 10:19:56 PM
 #6

Its indeed pretty hard to choose one but I think if you are just looking at the market you should pick one.
Pick the one that is feeling right and where you are having the feeling its a good bitcoin that can let you make some good money.
woola3
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July 07, 2016, 10:48:13 PM
 #7

If I would do this (which I won't) I would look for a low price coin, with a little supply and a relatively alive community or site. In any case it's a bet.
bitcoinisfurture
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July 08, 2016, 05:43:05 AM
 #8

I would not suggest to go for any alt coin and unless you are convinced it will survive for atleast 1 year form now. There are 100's alt coins that came and today their value is next to 0 or closed down.
yudy
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July 08, 2016, 05:55:11 AM
 #9

recomended trade is altcoin, you can find high volume transaction
you can try trade etherum eth, but is price eth high, so capital money trade eth high too
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July 08, 2016, 06:00:55 AM
 #10

Id reccomend that unless you have money you just want to throw at a coin and take a risk then you should just follow coins for a while until you get a feel for it. Read recent ico pages and see what all has happeend with it and you will soon get an idea of which coins are shit coins and which ones you think can actually stand a chance. Its at least a calculated risk that way.

Superways
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July 08, 2016, 07:01:30 AM
 #11

Of you want to invest in alt coin hen I think you will have to invest in LetItRide, as I am seeing that it is a new coin and in its start it is getting a good image and I hope in the future it will be a successful altcoin of the crypto world.
romero121
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July 08, 2016, 10:43:42 AM
 #12

Its really hard to find the right altcoin which is in rise. Better is to experiment it with a small amount and know it, else need to have close observation over the coin and make the profit at the earliest.

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densuj
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July 09, 2016, 07:20:27 AM
 #13

Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
I choose ripple because it has stable of price, comunity,real fungtion in live, growth, fluctuating daily and low price too, so we can trade even with low capital. But it is depend on your system trading or way trading.
CoinBreader
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July 09, 2016, 08:44:31 AM
 #14

Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
I choose ripple because it has stable of price, comunity,real fungtion in live, growth, fluctuating daily and low price too, so we can trade even with low capital. But it is depend on your system trading or way trading.

You can be 100% how to find a decent coin cause in 99% of decent coins there is a fire starter causing drama, then big holder start to shaking up charts in order to increase their position and you are in the middle sweating!

Stable prices are not insta profit you need waves to have profit

Just do your homework and find some friends (i mean real friends decent guys , not crypto friends from forums) and start co-working on walls,aspects etc
ramzifcb48
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July 09, 2016, 12:36:34 PM
 #15

trading altcoins such as gambling for me because if you were lucky found the exact particular altcoins you could earn more profit because sometimes altcoins prices could increase more than 50% only in a few hours but if you're incorrectly predicted which altcoins have you select just prepare to get huge losses
yes,huge profit,huge losses!be in yourself burden!
hermanhs09
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July 09, 2016, 01:38:31 PM
 #16

trading altcoins such as gambling for me because if you were lucky found the exact particular altcoins you could earn more profit because sometimes altcoins prices could increase more than 50% only in a few hours but if you're incorrectly predicted which altcoins have you select just prepare to get huge losses
yes,huge profit,huge losses!be in yourself burden!
That's true i wouldnt invest a lot of money into altcoins,maybe just some pennies and i would hope that they will just
get more popular and the price will rise.
Anyway look at devs if  are they anonymous ,and you better check out the volume of altcoin.
shinratensei_
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July 09, 2016, 03:39:49 PM
 #17

Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
For me just from the users of the coin if they having a lot of users it's will become a consideration. and maybe I see from the developer site if they have an intention, not just a scam they will make the beautiful site. and they will hold signature campaign maybe for make an advertise for his product.

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July 10, 2016, 12:01:03 AM
 #18

Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
I advice you to mine alt new coin for free. and then see the blue print that developers have to offer. if it looks good, then mine as much as possible. wait for some time and you will benefit.

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July 10, 2016, 06:09:10 AM
 #19


Recently there are a lot of new alt coin and most of them are scams, but there are also some profitable coin on the market,how you find if the coin is worth to invest or not?
i don't know if this is good idea or not, but ussually before i'm buying alt coins, i'm just buy alt coins which already had been long time in trading site (poloenix), and when the price down, i'll buy again
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July 10, 2016, 08:28:43 AM
 #20

If you learn to read the trading graphs well, one could know whether the coin has been over bought or not and whether there is still a place for you. Though you can understand all these, you cannot know if someone dumps or buy a huge quantity. Just follow the pattern closely..

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