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Author Topic: What is your best strategy to determine if the coin will be profitable?  (Read 3727 times)
Wintersoldier
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May 08, 2017, 12:52:28 PM
 #81

Are we speaking about the pre-ICO phase? If that's the case then you can't really tell If the coin will be profitable but you will definitely know If the project is something serious and not a simple shitcoin made by scammers. You should always take a look at the team members, escrow, read the whitepaper and have an idea how things are going to work, how the coin is distributed among developers, community managers, investors etc.

If the coin is launched already (say you are a few months/1 year late) then you should check the previous achievements and roadmap and how active the development is. See MaidSafe for example, even though they didn't deliver the project yet, we see weekly development changes and the coin is on the top 10 because everyone knows that this team will eventually deliver and everything is on progress (Beta, alpha, Final release).
Well said. If you are new on trying a coin you must always checked thing all about the project of the coin. Make sure to checked all the aspect of the project like the people who is supporting it. The community, manager and the people who take time to invest on the specific project. But if the coin has record you can easily determine its future on the market stock and the ratings of the coin users. And always remember that in all coin there is always a risk it just depend on how we are going to support the coin and also the developers idea to build it for more improvement and development for it to become profitable.
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dossantosleite (OP)
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May 08, 2017, 01:11:02 PM
 #82

Many people saying that good strategy is to know more about the particular coin, research if the team is legit or not, BUT I don't understand one thing. Okay, i researched some coin, I saw that everything looks legit, team looks professional and so on, but does it mean that coin will be profitable? I mean, it happens that if the coin project is good, people in the team are legit, but alt coin fail for some reasons ?
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May 08, 2017, 01:53:29 PM
 #83

Someone told me that just follow the development of the coins. Bitcointalk is already a good forum to check every coins because they all have announcement threads here. Just check it everytime and I am sure you can tell yourself if the coins are not scam and profitable.
I do not know whether this will be a good strategy, you know the station, but I also believe in the forecasts of experts who very positively speak about the future of Bitcoin and its cost. If you look at today's prices, they have already passed for fifteen hundred dollars and this was expected.

The future is indeed something very mysterious, because it can only be known by the creator. We as beings of creation can only pray and begging to be always given the best thing for our lives and success. So, it is now the experts have estimate or prediction that the price of bitcoin will be bigger than ever, but keep in mind to be able to achieve it all then the rotation of the bitcoin should always exist and quick, but supplies are very minimal. And the thing that can give it all just more user bitcoin then will give it
 
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