What I do before buying an altcoin!

[Haytim]

Has Altcoin advanced along the roadmap? did they have strong partnerships? Does the team actively work? Are the projects realistic? Is the price at the purchase level? I look at them.

[vihang200]

First thing you need to do is to have a research on that altcoin.You must also check if it has a good potential and also you must need to check if there are many people who invested that coin.You need to know first the tokens before you invest it in order for you to be able to earn without losing any money.

[loansdd876]

Very good recommendations. The main thing is not to be lazy and try to fully explore the project. But unfortunately, our investments in the crypto market are not insured. Even if you exclude fraud, the developers sometime may tritely lack the strength to launch the project ...

[Zagor Tenay]

You should have to do a deep research for the coin in which you want to invest and have to wait for it for a few weeks to monitor its volume of trade on exchanges and its potential after that try to invest there.

[martirosyan666]

You should first make sure that you have done adequate research on the coins which you wish to invest in. Look at them, read their whitepaper, ignore what others say about reading the whitepaper, it is your money and it is your job to secure it. Then find a good exchange platform and then buy your altcoins from there.

[susutao85]

it seems that we are doing with how to find out what the potential of altcoin we want to buy if you are sure will provide high value for future investment then I say it is suitable for you to buy and hold it in time you have been targeting.

[trisdivergent1201]

Very good recommendations. The main thing is not to be lazy and try to fully explore the project. But unfortunately, our investments in the crypto market are not insured. Even if you exclude fraud, the developers sometime may tritely lack the strength to launch the project ...

[alexandermr091]

I often see the development of coins that I will buy, I often check through social media like telegram, twitter and facebook. if the team that owns the coin is good how it works then I will invest on that coin.

[faranisa]

Thank you so much for your detailed information, it will helps us and most of new peoples around. There are so much fake and scam out there, we need a lot good information for us.

[rainypu]

Think and choose wisely before buying an altcoins so you can't regret for the decision you made. Choose a better altcoin that will help you to get a huge profit. Make an own research, study and read it so you will know if it is reliable and trusted coin. You need to decide well what you feel it right.

[jackychan1209]

I'm not too smart to read market charts but which need to be considered before buying an altcoin is to choose altcoin which at that time the volume trading is high that allows the price movement tend to be fast and good.

[strauberyg]

If I buy a coin in longevity, then first of all I conduct a fundamental analysis, I study the product for the sake of relevance, then I look at the road map. You should also pay attention to the capitalization of the project.

[ofounz98712]

As what every told me that the very first thing to do before buying altcoin is to be able to familiarize the best altcoins from the rest of them which has a bigger possibility than can survive in the crypto market, choose the altcoin which has a practical use in our society in which could difinitely attract many different investors and users alike that could help increase its market value.

[cposeidon]

You should first consider the altcoin's popularity, you can do it through research and not just simple research a deeper understanding of the chosen altcoin will help and a proper analysis about the market of the altcoin goes a long way.

[sangalangdavid]

Knowing that the market is dumping prices, it is better to hold your altcoins first and sell or trade it when its price went up because you will earn more profit through it.

[budakjawa]

which you should do when you have to see how the altcoin develops and see if the product is very useful to the people or not because altcoin can be good if it has a very useful and profitable product for the people.

[hastag_80]

So I thoght this could be of help for some that also in search so they will also be inspired .. maybe they could also ad stuff arround here that could be of help!

Research it takes a few days/weeks so if u're in this fase take your time.

1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalk.org/index.php?topic=2873063.msg29503403#msg29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.

Doing this can be of help to get a sense of a really good buy... at least this is what  I do.

What are your thoughts ? How do you do it??

Cheers!

will,this topics can gives us another idea on what to do,before buying an altcoins,but in my own thought before i buy an promising altcoins,i must observe first the blockchain market if there is movement and there is a big chances that theres a pump in the digital currency,before i  buy those coins that i thinks give us fortune to me.

[Sunyoto]

I think you should have a lot of research where you can make a profitable investment in a short time and a long time, so you will more easily get many benefits, and you can invest now in bitcoin, eth, Ada and BCH.

[blue08]

Knowing that the market is dumping prices, it is better to hold your altcoins first and sell or trade it when its price went up because you will earn more profit through it.

Agree! Don't do panic selling and just wait for the price to pump up before selling.  Also, try to add up or buy other altcoins while the market is down and to gain more profit when the market recovers.

[jassanpary]

I think you should have a lot of research where you can make a profitable investment in a short time and a long time, so you will more easily get many benefits, and you can invest now in bitcoin, eth, Ada and BCH.

Exactly before buying  altcoins study the history of the coins, how they have featured in the price, profit-loss percentage, market value all these things very much necessary before buying any Kind of coins.