What I do before buying an altcoin!

[armack18]

I  check their positions on the current market and compare them with their last corrections. It creates the trend and understanding of the future for the coin.

[manbota]

A prerequisite before the start of investment is a thorough study of the selected project. You need to protect yourself from the risks and possible loss of money. Therefore, carefully review the project, its rating, prospects, development team, technology and development strategies.

[bamb]

The ritual could be summarized like this, test the waters of buying altcoin with one foot always before diving in! This tips are instructional and very important for investors and traders in cryptocurrency,  it could save you from divastating loss!

[elzjmirra]

Make an informed decision before you make an investment. Some that made my picture before I decide to invest. First I look at the coimarketcap, because of the website all prices coins can monitor. I prefer to invest in coins that are already listed on the Exchange.

[clipman77]

Before you buy any coin, you need to study all the available information that you can find about it, and only then open the chart and find on it a reasonable price for you to buy.

[malicoin]

before   buying  an  altcoin  i  always  make  a  lot  of  research  first  and  i  think  the  importance  here  stand  in  everyday  looking  the  crypto  and  having  more  information  for those.

[TomInVa57]

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!

Team's ideneties may be stolen with ease, so I prefet to contact these people and ask them about the project. It helped me several times already.

[shadowduck]

I know people who buy altcoins by signals from certain groups , but first you need to find a group and buy a signal from it to buy.

[Maknae09]

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/ , https://walletinvestor.com/forecast
5.Watch this tool from investing.com - find here the explination: https://bitcointalk.org/index.php?topic=2873063.msg29503403#msg29503403

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!

dont follow walletinvestor they are crap. and they dont stick to the predictions. predictions  made on one day may be different on the website the otherday.

other than that its fine.

Yes it is true, predictions will only make the thing worst in any scenarios. If you want to know the future outcomes of your choices, first, inspect their graph, do make your own practice and understanding of the graphs presented by the altcoin and bitcoin that you prefer.

[ngano ba]

Before you will be into cryptos you should have very familiat about cryptocurrency, and one of  this is buying of coin ,in putting up or buying altcoins you should know the background of the altcoins , what is the other function if the coins ,and if this coin is stable , then you can have

[Nowherman]

Before I buy altcoin, I usually make an analysis of its fundamental and technical indicators, as well as study the news regarding the latest events around this altcoin. The most profitable trading for me is trading on news, especially when altcoin is listed on large crypto exchanges such as Binance, OkCoin, KuCoin, Bittrex. Telegram channels which sell information about the upcoming listing help to make a bargain in time.

[Broiler78]

For me before buying an altcoin is to make sure that many communities join and have ideas or advantages that other altcoins don't have.

[edynolan]

The ritual could be summarized like this, test the waters of buying altcoin with one foot always before diving in! This tips are instructional and very important for investors and traders in cryptocurrency,  it could save you from divastating loss!

And we also need to study, learn, do research all the time. Not everyone is lucky to have it all on sheer luck. Before investing we need to do a lot of work.

[Fritz93]

I believe that the very first thing you must do when you buy a cryptocurrency is to accept the psychological loss of your investment. Cryptocurrency is a very risky business, and when you reconcile you will be able to sensibly assess situations and make objective decisions

[lorapalmer]

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!

I always explore Internet and read informational platforms that can educate me more on crypto and quick changes at the market. It is also a good idea to socialize with your friends and people that are involved in crypto trading to exchange your knowledge and experience.

[tom14cat14]

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!

I this this is one of the best strategies. You should do a deep research on what you want to invest. Just after that you should do some actions

[little.jane]

I  check their positions on the current market and compare them with their last corrections. It creates the trend and understanding of the future for the coin.

it's a very good approach. We need to have a vast perspective and see the big picture. Seeing the coin in the market context and making some predictions can save us time and money.

[lancer10]

MY suggestion is before buying an altcoin you must collect all information about the project and about the coin like coin's price and data of the project then it will easy to you for the selection of a altcoin.

Yes, collecting all the information possible protects you from risks and money loss. Before investing we need to study the project from all aspects.

[Balab01]

Make an informed decision before you make an investment. Some that made my picture before I decide to invest. First I look at the coimarketcap, because of the website all prices coins can monitor. I prefer to invest in coins that are already listed on the Exchange.

The coins listed on the exchange are safer and I prefer using coinmarketcap app on my phone to help me decide. I try to get as more info as possible from as many sources as available.

[namlong]

MY suggestion is before buying an altcoin you must collect all information about the project and about the coin like coin's price and data of the project then it will easy to you for the selection of a altcoin.

Yes, collecting all the information possible protects you from risks and money loss. Before investing we need to study the project from all aspects.

Knowledge is power, if you carefully study the coins that interest you, then you will be able to understand where it is worth investing and which coins have a future.