How to find a profitable alt coin?

[FLoving]

A few days ago I have saw LetItRide coin on this forum and bought some coins of them at that time the price of it was 0.000012 BTC , the price was much lower so I invested a few bits in them and today I saw that the price reached to 0.00001945 BTC, with that I am thinking to invest some more coins in that coin. I think you should have to try this with some of your bits.

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[shinratensei_]

A few days ago I have saw LetItRide coin on this forum and bought some coins of them at that time the price of it was 0.000012 BTC , the price was much lower so I invested a few bits in them and today I saw that the price reached to 0.00001945 BTC, with that I am thinking to invest some more coins in that coin. I think you should have to try this with some of your bits.

Wow, I never predict about that. it's awesome and LetItRide becomes the coin having a bright future. I can see the volume of LIR in yobit is always increased. it's become a good investment for altcoin, and need considers to investing on them.

[bitcoinisfurture]

Difficult to say alt coins will actually yield you in long run. Generally in some time you will find it will have no value in some time.

[crairezx20]

A few days ago I have saw LetItRide coin on this forum and bought some coins of them at that time the price of it was 0.000012 BTC , the price was much lower so I invested a few bits in them and today I saw that the price reached to 0.00001945 BTC, with that I am thinking to invest some more coins in that coin. I think you should have to try this with some of your bits.

Well for now it is good to invest but i dont think if this altcoin will be live in long life they are starting to promote this altcoin and they are promoting it via signature campaign in services section.. we will wait for few days we will see the result of the campaign..

[lightyard12]

Difficult to say alt coins will actually yield you in long run. Generally in some time you will find it will have no value in some time.

There's no guarantee of a profit when trading in the altcoin market. You just have to study the market, make your move, and hope for the best.

[andyste]

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?

your trade is reputable coin reputable dev and high volume transaction example litecoin and etherum.
in fast and much profit you can buy coin ICO, but your investigate develop coin is reputable trust or not

[FLoving]

A few days ago I have saw LetItRide coin on this forum and bought some coins of them at that time the price of it was 0.000012 BTC , the price was much lower so I invested a few bits in them and today I saw that the price reached to 0.00001945 BTC, with that I am thinking to invest some more coins in that coin. I think you should have to try this with some of your bits.

Well for now it is good to invest but i dont think if this altcoin will be live in long life they are starting to promote this altcoin and they are promoting it via signature campaign in services section.. we will wait for few days we will see the result of the campaign..

You are right, they should have to promote their coin for longer if they want its success for longer, just like Yobit, there are a lot of users on Yobit but they do nt stop their promotion and their advertisement through signature campaigns as they know if they stopped it people will be then less interested in their website and they will crash to nothing.

[Sniper44]

a profitable altcoin in general is the one that has a good developer(s) team so the code is good in the first place and in case of any bug they can handle the situation properly. and also are always developing their project not abandoning it after the first pump and dump.

also a good community and the support of users is also important because that creates the demand that will raise the price of that altcoin.

[~Bitcoin~]

It is hard to predict which coin will get a big pump but it is quite easy to find out alts that have potential in future. Just for an example lisk, steem, eth, waves are few of the examples that are still in development and offer new things which could have real life use in future.

Just select the coins looking at the how active dev team are, what new thing they offering rather than another shit coin and also could that feature have any possbile real life use or not in future. Finding alts that get pumped over night due to some bulls and dev team themeselves is quite hard without knowing any whales personally.

[Colt22]

Nowadays letitride is going better and I am seeing that it is available at much cheaper price and its value is increasing much faster , in the last 10 days its value increased about 95%, and people are buying a large number of LIR with each passing minute on the exchange

[hermanhs09]

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

Yeah this is a good way to make some out of trading altcoins,because usually if alt is up for some time,
you can actually trade it a little bit,without big risk usually.
But in my opinion,better is to try getting some really fresh one alt,and invest some money into it,and hope for a big growth

[ultrloa]

Nowadays letitride is going better and I am seeing that it is available at much cheaper price and its value is increasing much faster , in the last 10 days its value increased about 95%, and people are buying a large number of LIR with each passing minute on the exchange

Yeah LIR is going to strong path now and ive holding my beloved coin yet i got big profit for todays LIR price and planning to hold it for many days who nows it will pump upto 5k sats and get lots of profits with LIR coins,


 

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

Yeah this is a good way to make some out of trading altcoins,because usually if alt is up for some time,
you can actually trade it a little bit,without big risk usually.
But in my opinion,better is to try getting some really fresh one alt,and invest some money into it,and hope for a big growth

How come you tell to people trading without risk? Even new coins might risky if you dont do background check upon buying, coin devs have different agenda for their coin and you might buy new scam coin if you do lame buying, but really men i dont usually buy coins because it is new, i really buy coins because i know that this coin have promising future and dev have many project so his coin will be lifted up and so by that i can make sure that the coin i will buy is safe to trade or to hold.

[Omegasun]

for me profitable coin has a low volume and the selling order volume is proportional to its buying volume. a lot of new coins today has a billion coin volume. hahaha. i suggest the dash coin. its the alt coin for me.

[safari88]

for me, I always chose 10 coins with the largest volume, because I think it is a good coin, and means that people are very interested in the coin.

[TheGodFather]

The best way to see if an Altcoin is profitable or not is the price is volatile. Meaning every day it goes up, or goes down a little bit. You can earn Altcoin if you always look for the price and hear the predictions of some investors. If you always monitor the price of a specific Cryptocurrency, then you will know when will it rise and when will it fall. You will know if an Altcoin is profitable or not. If an Altcoin dumped or not.

[jacaf01]

For me, what I did was to first educate myself, no the basis of trading and from what I learnt the most important thing is discipline you must know when to get in and out. I followed some trades for some time and this make me understand human psychology when it comes to trading altcoins and the most important way to get altcoins with big move potential is research can't always be right but the information you have will help your decision making.

[hawkins]

for me, I always chose 10 coins with the largest volume, because I think it is a good coin, and means that people are very interested in the coin.

you are right. the way that I use is always choose a coin with a large volume. because I am pretty sure that if the coin falls, surely the price will go back up again, as eth. so many advantages that can get when we can seize the opportunity, because I know so many have benefited because ETH

[Gahs]

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?

Check the charts, it's all there for you to see. Study the price fluctuation of an altcoin for a period of time to see how stable it is and do not hold your altcoin for long unless you see a steady rise in price.

[btcdiggingmaster]

A few days ago I have saw LetItRide coin on this forum and bought some coins of them at that time the price of it was 0.000012 BTC , the price was much lower so I invested a few bits in them and today I saw that the price reached to 0.00001945 BTC, with that I am thinking to invest some more coins in that coin. I think you should have to try this with some of your bits.

Well for now it is good to invest but i dont think if this altcoin will be live in long life they are starting to promote this altcoin and they are promoting it via signature campaign in services section.. we will wait for few days we will see the result of the campaign..

You are right, they should have to promote their coin for longer if they want its success for longer, just like Yobit, there are a lot of users on Yobit but they do nt stop their promotion and their advertisement through signature campaigns as they know if they stopped it people will be then less interested in their website and they will crash to nothing.

Yes i see in yobit LIR has good volume now it is almost increased to 2204sats, based on this we can predict it may increase to more in near future definately.

[Rodeo02]

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?

Actually it hard to know what coin is profitable you will learn it by yourself find a good coin, the many mistakes you do that the moment that you really learn need to know if the dev is active and many plans for their own coin.