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Author Topic: how do you choose Altcoin .. ??  (Read 4298 times)
SalmanMJ9
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April 23, 2018, 02:34:43 PM
 #101

I think there are many factors you should look at, I follow these: team, project, bounty allocation, community, and their whitepaper. Quick look at these could cost some time, but it would save more time than participating in a scam campaign.
jeda2000
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April 23, 2018, 03:25:24 PM
 #102

In the Altcoin sector and in the forum you should set your primary goal;
1) To participate in the award campaign and earn income
2) to generate income by investing in Altcoine,

If you choose your method of income generation, I can tell you; If you get income from the award campaign, you will use social media for that subcontract for about 1-2 months or you will join the signature campaign. It will be enough for you to go into the stock market and go to the projects that will win you in the process and do some research.
If you are going to invest in Atcoine, you should investigate the ICO process as well as investigate your movements in the stock market and make your decision by conducting a longer investigation.
flower1024
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April 23, 2018, 03:29:21 PM
 #103

I am choosing altcoin base on the technology behind on it, the price, the market cap. Also you need to consider the Team of every project, if they are active or not. You should study about their project, also try to check out their community, if there are many people supporting their project.
Before investing in any coin we have to check all these things but how can we predict how long they will stay in this market because we know many strong projects ended as a scam. that's why pick high potential coin and trade it when the price will increase. Don't hold for long time.
winterland
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April 25, 2018, 03:35:15 AM
 #104

I think there are many factors you should look at, I follow these: team, project, bounty allocation, community, and their whitepaper. Quick look at these could cost some time, but it would save more time than participating in a scam campaign.
You are correct, but at the same time while you can do all of that kind of quickly when you are looking at just one project you need to remember that you need to look to quite a number of projects before you find one that is worth your time this means that doing a research like that will take you a lot of time, even if all of that took you only one day you will need a month just to find a good ico.
Awaknow (OP)
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April 25, 2018, 01:07:20 PM
 #105

I choose altcoins to invest by looking at coinmarketcap trying to find underpriced ones comparing to supply. After it I pick like 5 to 10 different altcoins and start researching about them. Then I elect 1-2 over others.

Thanks a lot for the advice you have given, that's a good suggestion. I would be very glad if you could suggest me some kind of Altcoin that might give you an advantage if we invest in Altcoin. Once again, thank you.
francedeni
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April 25, 2018, 01:31:14 PM
 #106

I am choosing altcoin base on the technology behind on it, the price, the market cap. Also you need to consider the Team of every project, if they are active or not. You should study about their project, also try to check out their community, if there are many people supporting their project.
Before investing in any coin we have to check all these things but how can we predict how long they will stay in this market because we know many strong projects ended as a scam. that's why pick high potential coin and trade it when the price will increase. Don't hold for long time.
I like you have mentioned the community of the project is a plus so we will know if how many people are interested in their project. It is a must to check the team of the project for us to verify if they are legit totally. We should be careful before choosing so were not ended to be scam.
Bessta
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April 25, 2018, 01:46:00 PM
 #107

I choose my altcoins by considering the technology, market cap, supply, team, community support, how useful the project to the community. After these considerations, i pick my altcoins and observe its movement for months and then i decide which among the coins will i invest with.

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Mr Airdrop Infinity Lover
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April 25, 2018, 01:50:37 PM
 #108

For me honestly i would give priority to the ones i gain for free first, like for example THUG Coin, you can perform their weekly Airdrops and other bounties to get FREE THUGS. and on top of that they are already in the market
cramcram21
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April 25, 2018, 03:39:17 PM
 #109

I look for their dev projects and their roadmap.
I would decided if I want to get some of their token to hold for a long term or just for a short trade.
Their community would also be helpful I would also check if they have a lot of investors.

nekorakoeora
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April 25, 2018, 04:10:55 PM
 #110

Choose the altcoin for investment is not easy. need in-depth analysis of every come. current may be many that suggest the ethereum, and indeed could be attempted. But if there is another potential altcoin then it should also be considered.

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April 25, 2018, 04:29:56 PM
 #111

I think it is similar to the procedure when be buy something for our self . If we are investing in something and we are going to work for some bounty or some company we look whether it is up to the mark or not ? Is there any way we are going to get some good returns or not .
We look for product and vision . It plays an important role in selecting the altcoin we are going to choose . There are many altcoins and bounties out there . What makes our altcoins different from others is what we see when we choose it.

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cryptorobbo
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April 25, 2018, 06:07:34 PM
 #112

Depends for how long are You planning to hold an Altcoin. If the plan is to get it for a few weeks, just try to catch a hyped one, ride the wave and take Your profit. But the plan is to hold for a long time (month or even few years) then it worth to make a research - to read a whitepaper, check roadmaps, to look some reviews and interviews on Youtube etc. I think that some project over there could bring a huge profits if just to hold their coins, but at the same time, some projects might disappear in the future.
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April 25, 2018, 06:11:34 PM
 #113

Firstly I look to their marketcap, I like project which marketcap under 100 million dollar, they can do big bounce, and I look to team, project and community, if all thing is okey, then I can invest to it.
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April 25, 2018, 06:30:44 PM
 #114

How do you choose Altcoin...??!
And how do you choose a bounty project ... ??!
Please give me your opinion, because your opinion will be very useful for me who is still as a beginner ..

I look for ICOs with credible team and good marketing, because most likely team's who have members who are well known in crypto will not be a part of an ICO that will end up as a scam and will make sure that their project will be of great use to the mass and that it will catch investors' attention.
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April 25, 2018, 06:31:50 PM
 #115

Choose the altcoin for investment is not easy. need in-depth analysis of every come. current may be many that suggest the ethereum, and indeed could be attempted. But if there is another potential altcoin then it should also be considered.
indeed nowadays ethereum has more potential to grow better, but now the price has decreased again, maybe this is a good time to start reinvesting, by buying it some and then holding it first until the price bounces back up
automaticmoney
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April 25, 2018, 07:08:16 PM
 #116

Based on market capitalization reputation and technology behind the coin all together we can decide price of a coin
natka
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April 25, 2018, 08:06:47 PM
 #117

Based on market capitalization reputation and technology behind the coin all together we can decide price of a coin
I do not understand why we use all the terms for crypto currency, which should be used for a simple real economy and a financial world. I thought that this is already two different concepts ..
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April 25, 2018, 08:15:52 PM
 #118

I take next things in account: 1) prize pool and it's distribution 2) managing team 3) number of members

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April 25, 2018, 08:21:18 PM
 #119

I choose altcoins based on their rating and prospects of the project. And also I try to listen to people who are authoritative for me, who understand more in cryptocurrencies than I do. And I choose bounty based on what project and what bounty Manager.

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April 25, 2018, 08:23:38 PM
 #120

Bounty manager? Do you pay attention to the bounty manager to invest in a coin? Well, ethereum does not have a BM so how did you invest before? Lol, people like you are very, very, very funny to be honest.

I choose altcoins based on their rating and prospects of the project. And also I try to listen to people who are authoritative for me, who understand more in cryptocurrencies than I do. And I choose bounty based on what project and what bounty Manager.

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