What I do before buying an altcoin!

[MonaLeeTracy]

if I am an amateur like this my answer. I only need to look at the transaction graph of the token whether it has a readable and good increase, then I will buy it directly.

all of the friends here are also waiting for the price increase. because the price increase greatly affects someone's judgment when selling and buying altcoins.

[1715439664]

1715439664

[1715439664]

1715439664

[1715439664]

1715439664

[1715439664]

1715439664

[lutcor]

Before investing in a project, I think it would be best to take the time and invest your time in exploring the project in which you are going to invest. So just take your time and study what is.

[Msworld83]

Doing research on any coin before buy is really a good thing and you can follow their social media as well to know how need when they have great news, which I think can help as well and a bit of TA to see if it is toward dip or up and also telegram group which is one if the major way to communicate with the users and know how the project is forging ahead.

[organelles]

Before buying an altcoin you first have to make sure that you have an idea of the kind of coin that you want to invest in, then get some coins that you are interested in. After that you have to make sure that you do a good amount of research into the coins to make sure that they are good enough to invest in. Then make sure that you are only investing money that you can afford to lose

[Luvr1000]

first you need to study the roadmap for it you can see what plans the project has in the near future, if they follow the map, then the project has every chance of success

[Jalum]

if I am an amateur like this my answer. I only need to look at the transaction graph of the token whether it has a readable and good increase, then I will buy it directly.

I look at the prices before I put anything in a coin. i do not like to look at the transaction charts,

[dedocry]

do an analysis of what you want to buy, look the trading chart and try to choose the right time to buy

[Fu Mei Mei]

of course everyone has a different strategy, but personally I only buy altcoins that have good news like wallet / other product releases, listing in other exchanges or altcoins that are in trend, by using this strategy I'm sure it won't take long to get profit but sometimes I also like to buy altcoin which has a low market cap and has never been pumped before

[GREENch]

Before you invest somewhere-the main thing is to conduct a thorough investigation of the project , product , team, white paper. The better the analysis - the more likely that you will find a good coin that will bring you profit, not loss

But you should also not forget about the "opinion of the crowd". If the society, for some reason, altcoins will not be interesting, although your analytical findings will say the opposite, you will not be able to make money on the project due to the lack of liquidity of the coin.

[UniversityCoin]

if I am an amateur like this my answer. I only need to look at the transaction graph of the token whether it has a readable and good increase, then I will buy it directly.

Usually when the token has already grown strongly it is not worth buying, because may be late. And it will not grow anymore.
It is for this reason that you need to buy tokens of promising projects that have not yet begun to grow.

[CoinCollect]

This is a pretty good and correct approach that everyone should follow before buying altcoins, since in most cases people just buy some coins, which everyone is talking about and even have no idea what this coin.

[joeyarg]

Your approach is quite well-thought through. I also check out forums, telegram groups, coinmarketcap, this forum and do my won research on the team and their product.

[HauntOne]

Great tips, bro.  From myself I would add that it is worth assessing price growth charts after entering ico by the trading floors

[maconsdisr]

Altcoins need to be very carefully studied, because now a lot of deception!

[alex_kir]

I analyzed the projects and I think that investing in altcoins is still probably profitable, because today investing in altcoins is still a promising direction and scam projects still interrupt the actual situation with normal projects.

[bangjoe]

before you buy altcoin you should be able to see the development of the altcoin and you should be able to see the requests and projects that are developed very useful for many people or not, because that is an important step before you buy altcoins. the altcoin you want to buy.

yes it is indeed important because we really have to choose coins that really have a lot of market demand because it will greatly affect the price and sustainability of the coin itself, if not then the price of the coin will continue to fall because the longer the coin will die then it is better to choose coins that are needed by many people such as for fees or as a platform because the higher the need for something, the higher the price and it applies to cryptocurrency

[OTC]

Buying altcoins can be dangerous sometimes especially when you know little about the coin. Before buying an altcoin, you need to conduct research about the coin you going to buy. The team behind the project and the amount of money you want to start with.

[otunayode]

Background check of basic information and qualifications of team members are very important. The most important factor to consider before buying altcoin is the community. I have had to follow different community of some top altcoin before buying!

[res1dentev7]

I am searching as much information as I can find about coin I am going to invest and of course trying to read all topics on the forums about it

[high110]

I'm trying to study the project as best I can. First I study Whitepaper and the project site. Then I try to learn everything about the team. If I think that the project has prospects, I invest my own funds in it.