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Author Topic: What I do before buying an altcoin!  (Read 4147 times)
Valermos
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May 09, 2018, 12:06:18 PM
 #281

Before any buy or investment i always research the market to understand the best points to enter and the good prices for buying coins, to be sure i will get profit on my actions

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May 10, 2018, 03:30:44 AM
 #282

You have mentioned all the fundamentals altcoin investors must check,and ofcourse this favors the bounty campaigns participants as well.to learn and be safe about those scam ico projects that coming in the circulations..i highly confirming about all your sights in every thing they must learn.
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May 10, 2018, 03:36:23 AM
 #283

Those are nice steps to follow if we are going to invest money into the altcoins. Truly, spending some time on research is always rewarded as we end up putting our money into those coins which are practically working models of real world. (In terms of project prototype).

I mean such coins only will have good telegram group, buzz on the forum, and interaction on the ANN. If not then everything of this list is just vain. So yeah some good points to follow by everybody so that we can push ourselves into far legit projects. Specially newbies must follow this as they end up loosing money because of false investment.

 
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May 10, 2018, 03:37:40 AM
 #284

very good list for self-analysis for the further acquisition of the token. I think this is a very important tool to start trading.
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May 10, 2018, 03:41:39 AM
 #285

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!

do you not see the whitepaper and the roadmap of the altcoin? so from where you can see or predict the altcoin you want to buy is very good for future investment, because you just look outside and not looking inside from altcoin you want to buy (the project).

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May 10, 2018, 04:28:40 AM
 #286

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!

Yeah I agree with your sharing, and it can be a reference before who want to buy altcoin and hope who follow this can be lucky and not wrong choose altcoins
Thank you for your this sharing
Yury1
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May 10, 2018, 03:24:10 PM
 #287

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!
Yes, the risks when buying cryptocurrency are very large, therefore the analysis must be carried out in a complex manner taking into account many factors. Therefore, the listed steps need to pass necessarily.
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May 10, 2018, 03:28:32 PM
 #288

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!

Good advice you did. Step by step guideline for those who wonder what to do in the first place or what the basic things to do before doing investment. To buy coin is not easy 'coz money is required to put in it. Nice move my friend. Good luck and hope you will succeed.
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May 10, 2018, 04:10:20 PM
 #289

before you buy altcoin, I suggest you first need to find information about the altcoin you are going to buy, then look at the volume of the chart, whether it will potentially go up. and, look for altcoin that many devotees, because this will cause, altcoin it will continue to grow. so you will not risk getting a loss.
DASA NYA
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May 10, 2018, 04:11:26 PM
 #290

I am most interested in the team and their background. I look at the whitepaper and the quality of the idea and the feasibility. I prefer some kind of working project instead of just vaporware. Finally, I see if they are generating any kind of buzz.
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May 10, 2018, 05:08:13 PM
 #291

Learn about its uses. Bitcoincap rankings. Its upward trend. Be specific about the news every day
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May 10, 2018, 05:17:23 PM
 #292

Good points! Before bying any altcoin  I often deeply research the project. My advice is to pay attention whether the projects has a ready-made product as it is some kind of guarentee that it is not a scam as well as  long termed activity before ICO. It is an indicator that team goes stright to thir goal and will not give up.
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May 11, 2018, 02:00:42 PM
 #293

Capitalization does not mean that the coin is good, it happens that the coin is artificially inflated for its own purposes, so you need to be careful.
Donnie_28
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May 11, 2018, 02:13:43 PM
 #294

Check the coin that you should buy first so that you cannot regret your decisions you make. Check some news about the coins you choose to follow their social media accounts to gather information, check their road map for their planned and decisions to the became success their projects. Graphs will can help to check the coins for their movements.

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May 11, 2018, 02:16:43 PM
 #295

Nice info! Summary information is very interesting and of course, this will be very helpful for the beginners who are here. What I do before buying altcoins on average is almost the same as what you do. A lot to learn about this forum is the key to being able to do whatever it wants to do with crypto. Because in my opinion, the information in this crypto is very broad and very complete. Whatever you want to know about crypto, all the answers are in this forum.

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May 11, 2018, 02:20:56 PM
 #296

I often observe the development of coins that I am going to  buy, I often check all social media like telegram, twitter and reddit, medium. if the team that owns the coin is good how it works then I will invest on that coin.
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May 11, 2018, 04:31:03 PM
 #297

the first thing I do before I involve myself in buying any coin is, to first go through the whitepaper check what they are into.. secondly, I check their roadmap to know how they plan to run the project..  the last thing which I check is the total number of that coin in supply and the total number in speculation. 
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May 12, 2018, 02:56:16 AM
 #298

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.
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May 12, 2018, 03:20:39 AM
 #299

if you want to make an investment then you should do a very in-depth research about the project and make sure who the team is in the project, whether it is a very experienced team or not
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May 12, 2018, 06:21:05 AM
 #300

this is what I do before buying an altcoin. I always check the chart and see what is going on with that coins. I check the price and the order buy and sell, I search for the support on every order and if I can find the support, then I might place an order in above that support, but I will take a look at the trend of the coins so I can determine if it's down for more or it will bounce up. I don't take much research for buying the altcoin and for me, it is enough to check what coins to buy.

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