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Author Topic: Don’t just buy a coin 🙈  (Read 2657 times)
esportseco
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August 15, 2018, 01:21:08 PM
 #201

Yeah people need to do their research. Use reddit and google main source and easy
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thunderbitz2717
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August 15, 2018, 01:28:50 PM
 #202

Thinking about the possibility means that thinking your future. It does not only fit in investment but in all aspects of our life. As they said that think before you click. Just like when it comes in relation, we should be more sophisticated in choosing the right girl/man from us. There are many coins that exist nowadays but only few of them will become valuable someday.
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August 15, 2018, 05:52:36 PM
 #203

Yes, you are right. Some people invest in some coins and they not even know what is the concept or the team behind the project. This is what I used to do when I was a newbie and I had known cryptocurrencies recently. However these coins can be useful for traders in short-term. Some worthless coins can be more profitable than potential coins in short term because of pumps and dumps. Some coins with low market cap can be easily manipulated by whales.

I think that most people that buy coins by the million for cents are living a hopeless dream of  richness, but these leave soon when they realize it is useless.

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August 16, 2018, 10:23:41 PM
 #204

Just somebody who doesn't recognize what he is in for, and what he needs would approach purchasing only any coin he interacts with. There are far an excessive number of coins in the market and greater part of them will flop in due time, so you ought to be watchful with regards to the sort of coin you are putting resources into, and the amount you will put in an undertaking.
ujinice
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August 16, 2018, 10:49:33 PM
 #205

Try remembering what a wonderful situation with altcoins was in the growing market last year. Investors saw that before each significant event, the project tokens was increased significantly in price. People wanted to buy tokens and wait these events and watch their growth. Now the situation is different, the market has become a bearish trend and investors are hiding in a reliable bitcoin. One day the situation will change and altcoins will bring their owners big profits.
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August 16, 2018, 11:09:49 PM
 #206

Not all people want to take a profit actually. Many people just like a project, They believe in it and invest.
Of course you need to choose a project for investing very careful. But. You know. If i like idea. If i think the project can change the world i will invest. I will study the project. I will watch road map, team and other things. But It isn't the main thing.
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August 18, 2018, 02:19:41 PM
 #207

I say the same thing, there are way too many people who are buying coins without knowing what they are buying into, they think that just because it is a cryptocurrency that they are bound to make money from it and that is where a lot of people are wrong. Always make sure that you have done a lot of research into a project before you put your money in it.
deep research is necessary before we make a choice, sometimes the results of the research are still wrong and make us lose in the end, at least think carefully before investing, communicate with various parties that might help you and give you the best advice.
Yes that is right that choosing a good coin for investment is not so easy, for that we have to do a lot of work and study and after that we can become able to choose the right coin for investment. for that you have to work day and night and only then you can become succeeded in your aims.
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August 19, 2018, 08:55:03 AM
 #208

this is not advisable. Only investing in an alcoin will risk losing money when the price drops. Smart investing is a diversified source of investment, choosing many good coin to hold, trade
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August 28, 2018, 06:45:38 AM
 #209

So before buying coin, first check the website, whether it is SCAm or not.
If there is an odd thing then there is no need to continue buying the coin.

buy the coin that entered the top 100 in coinmarektcap, so that your money can be safe.
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August 28, 2018, 08:47:23 AM
 #210

Before making an investment on your preferred coin, you must consider if this coin will give you a good profit or not. Always make a research result first to attain that the coin you are trying to invest is a legit one or not.

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infinity33
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August 28, 2018, 11:01:50 AM
 #211

This is basic as it is that's why we need to research about the project or the coin itself. To discern whether it is a scam or not. For your investing purposes if you really wanted to protect your money.

Yes doing some research and ask some people will be a big help for you to know if the coin you want to buy is good and can sure give profit. Do not just anyhow buy a coin without proper research for your own protection.
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August 30, 2018, 12:52:12 AM
 #212

This is good advise to be very honest. It is bad investment behaviour for you to go about buying just any coin that you come in contact with. It is only wise that before you invest in a coin, you technically analyse it, and also get reviews on it. See what the public is saying about it. Don't put your money in it because you 'feel' like it, or because you think it looks like a good investment.
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August 30, 2018, 01:14:05 AM
 #213

Hi,

I see still a lot of people investing in worthless projects. My opinion..
Maybe you will have some profits in short term..

But every project need a good team, marketing, developers..
Not just a good idea..

In the long term many projects will fail..

Good luck with trading! 😁

Your statement is true, I strongly agree with that and it is clear the fact that there are so many alt coins that die and have no value, because they are left by the developer.

RomertL
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August 31, 2018, 07:47:20 PM
 #214

When I want buy any coin, I do some researches. And trying to choose the best coin for investment.


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doroshok1
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August 31, 2018, 08:04:37 PM
 #215

I agree with you. Everyone knows and understands this. You need to spend a lot of time researching where you are investing. And as you said, a lot depends on the team. I should have told the newbies how to choose.

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September 03, 2018, 10:17:26 PM
 #216

I say the same thing, there are way too many people who are buying coins without knowing what they are buying into, they think that just because it is a cryptocurrency that they are bound to make money from it and that is where a lot of people are wrong. Always make sure that you have done a lot of research into a project before you put your money in it.
deep research is necessary before we make a choice, sometimes the results of the research are still wrong and make us lose in the end, at least think carefully before investing, communicate with various parties that might help you and give you the best advice.
Yes that is right that choosing a good coin for investment is not so easy, for that we have to do a lot of work and study and after that we can become able to choose the right coin for investment. for that you have to work day and night and only then you can become succeeded in your aims.


Sorry, I only partially agree cause many people are not smart enough to become successful traders. I don't want to offend somebody, but that's true. I know many people wasted 10 years to learn to trade, but they were better to do some simple work instead!
maromak
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September 03, 2018, 10:21:41 PM
 #217

many people invest in coins but they don't know how much profit the coin is, and they don't know the project behind the coin. they are only investments they want, without analyzing them first.
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September 06, 2018, 03:32:59 AM
 #218

Whatever traders want to do with their coins, I still agree that we should be selective in buying coins for a lot of fraud. So you should be more vigilant.
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September 06, 2018, 03:38:03 AM
 #219

I totally agree with you, the concept or idea is not a fulcrum for the success of the future. But it is more to the mind and performance that will determine the success or failure of the ICO. Together with a team that has a high level of performance and commitment will help the ICO to continue to grow and has many investors because of the development that has been given to its products so that it will continue to be valuable in the long term.
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September 06, 2018, 04:23:04 AM
 #220

Before making an investment on your preferred coin, you must consider if this coin will give you a good profit or not. Always make a research result first to attain that the coin you are trying to invest is a legit one or not.
Yes we know that the amount of research needed to put into a project to make an investment decision is extensive and even, something better could pop up 2 weeks later. I am enjoying this new little world grow up! Crypto projects are presenting serious value to the world, but only a tiny fraction will survive once the market truly blossoms. Keep it up that good work mate.
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