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Author Topic: Why did YOU decide?  (Read 401 times)
Amrap1 (OP)
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January 18, 2018, 06:05:44 AM
 #1

What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

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January 18, 2018, 06:12:21 AM
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if I choose a coin based on observation for a few days, usually if I want to choose a coin, I monitor how the graph of the coin, a few days if the feeling satisfied and match with my monitoring, then I will buy the coin, that's how treding i'm
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January 18, 2018, 06:16:01 AM
 #3

What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed
Not all popular coins are good coins,for example XRP doesnt mean that the coin is in the top it is better,more coins are undervalued in the market with low marketcap,xrp is a centralized shitcoin that doesnt have any use nor product existing,a plane shitcoin,what i am searching in alts are ,product/services or use in real life,the developers are they active ,the investors or partners,whitepaper and roadmap is it clear?distributed supply and technology about it,if thats too good to be true it might be a scam shit project.

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January 18, 2018, 06:17:32 AM
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I always go for a solid foundation, like good features and good devs. Preferably with a fair coin distribution.
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January 18, 2018, 06:24:29 AM
 #5

Bitcoin and Ethereum is the blue chips in cryptocurrencies. If you bought this you choose it correct if your target is long term. If your target is to earn money the right thing to do is but a trustworthy crypts equivalent to penny stocks (penny crypts). Penny crypts yields the highest because of demand and supply is not yet determine.
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January 18, 2018, 06:28:00 AM
 #6

In the beginning I invested blindly into some coins whom I found valuable without any proper knowledge about their future. And, you can call it luck or something else that made me some profits even with those poor quality investments. But, as the time started moving, I started doing my research and invested on some other coins like XVG, TRX, and POE, and some others which I am still holding till this day.

I would recommend you to buy and hold the coins like, XRP, Bitcoin, ETh, and LTC as they could make you profits rather than losses. I have gone through some losses during the process, but then I decided to hold my coins rather than selling them low. If you are sure about a coins and you have done your proper research then you might have some patience to hold your coins in the times when the coin's value goes down.

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January 18, 2018, 06:39:27 AM
 #7

I choose a coin based on observations for several days, usually if I want to pick a good coin, I monitor how the coin chart, a few days if it feels satisfied and in accordance with my monitoring, then I will buy the coin. , that's trending me
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January 18, 2018, 06:42:18 AM
 #8

i have been buying bitcoin for a couple of years now because i find it useful and i believe that a "decentralized digital cash" which is the definition of bitcoin is something that i want to be using. whether it is now or it is in the future when it is more adopted.

so far i have not seen the same thing in any of the altcoins and what they offer seems to me more like a short term potential that vanishes as fast. which is why i have been investing in them with this view and only hold them for a very short time during their pumps.
so the way i choose them is by looking for pumps. which is usually looking for a big price rise or some upcoming hype that they team is advertising.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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January 18, 2018, 01:16:30 PM
 #9

What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed

Well btc and eth are a givem if you want a sure long term investment. Those two along with the top ten alts are pretty profitable if you're not in a hurry and are willing to hold. For me, just simply running through forums and discussions give me ideas on what coins to look out for. Then of course a little research after that

 
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January 18, 2018, 01:18:35 PM
 #10

What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed

Well btc and eth are a givem if you want a sure long term investment. Those two along with the top ten alts are pretty profitable if you're not in a hurry and are willing to hold. For me, just simply running through forums and discussions give me ideas on what coins to look out for. Then of course a little research after that

Thank you! I had lost all hope of a Hero Member of this forum saying that Ethereum can provide a long term investment profit LOL. I agree, those are the "less risky" coins, even though nothing is really stable.
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January 18, 2018, 01:22:57 PM
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I think Ethereum is now investing in the future. In particular, you can choose to invest in some substantive and landing applications. These are all future encrypted currencies. Such as KodakCoin can be invested.


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January 18, 2018, 01:28:29 PM
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Perhaps you should check the development of the coin if there are innovations for this will affect the crypto community's interest over such coins. Being widely traded on exchanges is also an important factor to consider knowing that it is showing potential growth.
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January 18, 2018, 01:31:31 PM
 #13

What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed


The popularity of a currency can help in the investment, because we will only surf in the wave of the moment, but reality must be coherent , for example BitConnect and Ripple are famous, but their growths are suspect, but not always the fame of currency is the way to invest, in relation to the photographic sector is interesting, but the energy sector is a promising one.
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January 18, 2018, 01:31:52 PM
 #14

i think ethereum is not future, i think ETH is coin of 2018 - 2020.  Nearly all icos are using ETH
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January 18, 2018, 01:35:39 PM
 #15

When I make a decision whether invest in a coin or not I look at it's market capitalization, growth rate, stability and it's specifications like fees, speed and supports of different tools and technologies. If to sum up all there factors, Ethereum seems to me the best choice for now. If you don't have enough money for it, Cardano can be a good choice as well.
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January 18, 2018, 01:36:11 PM
 #16

What made you pick a particular coin to invest in? Is it one factor or a formula of several?

I bought Bitcoin and Ethereum because they were the most popular. Now I want to invest in one or two others. My first thought was to pick ones that are dedicated to a sector like KodakCoin targeting photographers.

Ed

There are several coins and altcoins you can invest in.
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January 18, 2018, 01:38:01 PM
 #17

Bitcoin ofcourse is the less volatile coin of the two you invested in. Ethereum is the 2nd best coin according to market cap.
I personally invested in Ripple about a year ago when it was around 0.20$ and i sold some of it at 3.10$. I believe it was the best investment i made so far, it takes some faith that you will do well, and in most cases some luck too.
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January 18, 2018, 01:39:44 PM
 #18

This is the hardest thing to do, choosing the right coin to invest with. Before you come up to a decision you must done several studies technically and fundamentally for you not to loose money. Well in cryptoworld we can easily notice whic one is good or which one is just a waste of time. I choose coins based on the result of my study, I don’t just depend on any news about it, always equip your mind with the right information.
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January 18, 2018, 01:43:52 PM
 #19

There some coins that are not well known, but are making waves round the crypto world. You can as well invest into ETH, LTC, DOGE, Ripple and some other altcoins.
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January 18, 2018, 01:44:42 PM
 #20

What makes me invest in a certain coin is that the coin will definitely give you a big advantage, I agree with you ETH is a good altcoin as an investment altcoin.
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