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Author Topic: What encourages you to invest in any altcoin?  (Read 7196 times)
chimcoin
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January 10, 2018, 05:44:53 AM
 #441

Yes!I am encouraged to invest in any altcoin ; firstly,because my objective is to generate profit seeing that most altcoin has low prices and has the potential to grow in the future. Now, to achieve this investment plan, i consider the project team, road map and white paper.

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BtcBling
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January 10, 2018, 05:47:33 AM
 #442

First, the dev team needs to have experience, legit, sincere and has dignity. Second, I check if it has been backed up by any business entity or it has big partners, having these two means the project, roadmap, whitepaper, the price value and supply is good. Then we all know that the price value will appreciate and that is the time to invest in altcoin

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January 10, 2018, 05:50:17 AM
 #443

I think first time we need to take a look the coins position on coinmarketcap.com then visiting their website to read their project and then i take a look in the market. Usually i look their history at least for 6 month ago, how it looks like, I'm watching the coin position in the market (every market that listed on coinmarketpcap). From this, I'm trying to determine and decide to buy or not and if the progress from that time is good then i will buy the coin and hold for a while and if necessary, i will do day trading for this coin.
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January 10, 2018, 06:21:02 AM
 #444

it is for the future money.
shaun98
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January 10, 2018, 06:32:43 AM
 #445

I usually look out for the project and the use cases it has in everyday lives. Also, I look at the team and see how experience they are. Community also plays a role, so I look at their social media channels to determine whether the team converses with their supporters, if they do then I believe the team is serious about their project.

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January 10, 2018, 06:41:35 AM
 #446

Altcoins that are not as popular as bitcoins, ethereum, litecoins, etc. are worth investing because of the potential they hold.  Given the market today where these key players are already pricey to buy amd hold, people are resorting to altcoins as a means to get started with crypto trading and surprisingly, some of it are turning out well for them.  I think one of the things that you have to consider if you will be investing altcoins id the project team behind it.  You have to make sure that such altcoins were developed with the premise that they will be useful in the real world too like bitcoins.  Lastly, altcoins could generate the same value in the future so it should also be one promising factor to those interested buyers. You never know when these altcoins would become as popular as the ones mentioned above.

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9tails
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January 10, 2018, 06:50:46 AM
 #447

The persons encourage me to invest altcoins is my friends  because they all invest the same ico and they gain a high profit.
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January 10, 2018, 06:54:50 AM
 #448

I am completely looking into solution given by product and competitor for particular product in some case i take chance with exceptional product like Tor-Q-all and Cappasity AI based products .
Birin016
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January 10, 2018, 06:57:22 AM
 #449

Before you invest in any altcoin. Then you must look first Volume buy order and sell order, because buy order and sell order very important to determine value of the altcoin. I think you can invest in altcoin like ETH, LTC, DASH.
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January 10, 2018, 06:57:56 AM
 #450

The low price of Altcoins are encouraging me to invest in it. Because i have not large amount in which i can buy or invest in Bitcoin. But i will invest in 4-5 good Altcoins from my small investment can be possible. So i buy Altcoins. I buy it for long term to fulfill my dreams and make my future bright.
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January 10, 2018, 07:02:19 AM
 #451

Project and Team mostly, but lets not forget that alt coins can jump 400% percent over a week which big coins like Eth and Bitcoin can't do anymore.
Agree. The team is the most important one. You also need to know something about the products.
I encourage to invest through their team and there propose project, also there jumping value in a week because of that many people are getting interest in altcoin. Also the cheaper price of altcoin is the other reason why many people  are encourage to use it and the it potential to increase its value.

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January 10, 2018, 07:13:14 AM
 #452

To be honest, Being in crypto and having the chance to invest on coins gave me  a better income than my actual job. And I might actually considering an early retirement and be a full trader. 3 yrs of working and I have an equal income of my 4 mos in crypto. Thats insane!
Same for me, i invested for 2 months, and profit nearly 1 year income, may i'll leave job to full time in crypto. I see you want to be a full time trader, my advise is don't do that, just spend several hours per week to trade, and you need spend all of your time to research and find a good crypto to invest when price still steal. More profit and healthy, i swear  Grin Grin

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Angolem
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January 10, 2018, 07:14:41 AM
 #453

For me it's the tech, the team, and the roadmap.
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January 10, 2018, 07:16:59 AM
 #454

I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin
It should be noted that prices, the cost of the ICO and the current price, determine the potential for this generation to rise.

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January 10, 2018, 07:57:26 AM
Last edit: January 13, 2018, 03:46:30 PM by DMiracle1
 #455

Mainly the purpose of the project (how it will affect the whole community and if it has a large market opportunity) and if it has a great management team (the team members should have worked together before in building successful technology companies, and bring a lot of experience to the table. They should be passionate about the community they're building and in serving their customers).
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January 10, 2018, 08:17:03 AM
 #456

Altcion price is very low and I purchase it very low price and hold them and and good profit to me.
@prashant
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January 10, 2018, 08:24:00 AM
 #457

I usually invest in altcoin to get profit but i prefer long term profit but the coin should be backed by good project and product not just hype price coin.potential coin neglect the risk of great dump and pump . steady growth is good for a coin.
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January 10, 2018, 08:26:45 AM
 #458

great team and the use case of the project..
rallyko
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January 10, 2018, 09:13:38 AM
 #459

Read the white paper, look at the project team. Examine the road map, see if the command fulfills the events specified in the road map. If the project has a finished product, it's very good. ;)I usually choose altcoin on these parameters.

dimon01
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January 10, 2018, 09:42:54 AM
 #460

It's also important to watch the coin for a while. Read the bitcointalk, watch the capitalization on coinmarketcap  and do your own forcasts.
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