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Author Topic: How to minimize the risk and choose the best altcoins?  (Read 367 times)
Suslived
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April 23, 2018, 01:24:55 AM
 #21

Buy Ethereum.

ETH has such a bright future that any purchase at a price this low will almost guarantee that you earn something when it's true value really appears. Ethereum is going to change the world. Buy now and not worry about any risks and headaches picking the right coin.

 
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April 23, 2018, 01:28:20 AM
 #22

To minimize the risk in crypto, you should do some research of their project if it is legitimate or such a scammy. Some altcoins gives you  a decent amount of profit but some is not. Also you should check their team and if the have a live or pictures from some seminars holding the banners of their coin logo. Check whitepaper too.
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April 23, 2018, 02:15:10 AM
 #23

Make a research in that coin before invest in it. This is important before put your money their. And then check their team to make sure that of it is legit or not. Their are many options to do before investing, you must be wise and careful by choosing.
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April 23, 2018, 02:20:57 AM
 #24

If you want to make sure that coin want you to invest is, ask a friend who experience in investing. Research too is important and has a knowledge in cryptocurrency and investing. Check the team and read their white paper is important too.
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April 23, 2018, 04:38:55 AM
 #25

The team is one of the most important things to look for, also, the telegram channel is a good source, if they have legit members + a good amount of members, then maybe it is a good signal after all.

If you want to make sure that coin want you to invest is, ask a friend who experience in investing. Research too is important and has a knowledge in cryptocurrency and investing. Check the team and read their white paper is important too.
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April 23, 2018, 05:14:27 PM
 #26

It's the nature of people. There are good and bad of this business and in any other field. If there will be a scammer there will be a good ones. if I were you be smart on choosing altcoins. be active on telegram follow them on twitter to get update.
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April 23, 2018, 05:55:09 PM
 #27

All actions you perform at your own risk. If you start losing your money, it means it doesn't work anymore. Look for money elsewhere.
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April 23, 2018, 06:44:37 PM
 #28

you should embroil your self into ICO its mean that deep learning about the project is needed, understanding where the project is going, knowing exactly how is the project running, identifying the team and developer behind the project also helping so much to make a decision, the function of token will bring you more interest to the project, take a deep attention to the community behind the project if you find early adopter dont think twice, and you have to see their roadmap also if it make a sense it will bring you more benefits to be an investor of ICO.

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April 23, 2018, 06:46:20 PM
 #29

to minimize the risk the first best option is buy coins at dip then we can be the less risk if it goes below the buying value
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April 24, 2018, 07:00:28 AM
 #30

the most important is funding in the project actually exists or not, so it can check that the correct wallet there is funding to run projects in order to at least get to know a scam and sturdiness. other than that I think the team is also required.
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April 24, 2018, 07:06:40 AM
 #31

Choose Serio projects that have a good team and explain Well how the ico funds are spent
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April 24, 2018, 08:06:55 AM
 #32

I find new altcoins on such exchanges as Kucoin, Binance, Hitbtc.
Then I research what these projects are and about ICO.
Further I search for a favorable entry point from the in view of TA.
It is too early to speak about the effectiveness of this choice of alts, since I only began to act so. This method seems to me profitable.

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April 24, 2018, 08:57:11 AM
 #33

the most important is funding in the project actually exists or not, so it can check that the correct wallet there is funding to run projects in order to at least get to know a scam and sturdiness. other than that I think the team is also required.
Having working products and the known team can at least save us from scam for there are names that are at risk if ever they tried to cheat their participants, but we should still give chance to newbies just keep updated on where about and do research on how they can make the project successful. Since there are good projects that are ideas of beginners that we should give a try.

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April 24, 2018, 09:15:37 AM
 #34

there are several ways and you can note the concept of the coin. Do not forget to pay attention to Market coins. it is important that more and more marketplaces are receiving the coins longer and longer, and the last is to notice Supply and demand. because the more supply the price of altcoin will jatoh on the other hand if more and more of the coin will be the price will move upwards.
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April 24, 2018, 12:58:30 PM
 #35

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

You can actually reduce the risk up to 0%. With enough research, you can know which coins are going to have a future. And you actually did the right thing like reading articles to know which projects are scams. Anyway, if you want to be sure and don't put your money to waste, just invest on top coins that have a low value like Digibyte and XRP.

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April 24, 2018, 04:40:31 PM
 #36

So far altcoins have brought me the best returns, but as the time goes by, more and more scam projects appear and it becomes more difficult to distinguish good projects from bad ones. What is your strategy, how do you filter these few satoshi coins?
I have found several articles, for example, https://steemit.com/altcoin/@utuku/checklist-before-buying-cheap-altcoins but sometimes I still feel uncertain and would like to hear more suggestions and opinions on this.

You can actually reduce the risk up to 0%. With enough research, you can know which coins are going to have a future. And you actually did the right thing like reading articles to know which projects are scams. Anyway, if you want to be sure and don't put your money to waste, just invest on top coins that have a low value like Digibyte and XRP.

Depending on which market we use to choose which markets are the best option every day, exchanges like bittrex and poloniex have very strict requirements for new coin inputs so we can feel safer and more comfortable, unlike yobit and random market decentralization in inputs coins, lots of scattered coins and we have to start avoiding them.
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April 24, 2018, 04:50:10 PM
 #37

The best way will be getting know as much as you can about coin that you plan to invest cause thanks to that you will be able to speculate some of moves that this coin will probably be doing in future.
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April 24, 2018, 05:17:01 PM
 #38

It depend on how do you want to invest?do you want to hold for long?or you wanted to make it for daytrading?because what im doing is buying slow moving coins for my long term investments,but if for daytrading,then buy those fast moving coin,just be aware that research good.

Choose Serio projects that have a good team and explain Well how the ico funds are spent
The normal method of finding one,team and white paper must be considered in this ico hunting

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April 24, 2018, 05:24:28 PM
 #39

If you wanna minimize all risks involved you should only invest in already released and traded (on good exchanges) altcoins, with high market cap. All other coins may give you high returns but in the end all of them are very high risk.

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April 24, 2018, 05:48:06 PM
 #40

Look at the project and see does it have a need for blockchain and tokens. Next look at the team and roadmap. If it looks fake probably it is.
A lot of projects dont have sense and it is not hard to distinct them right away
Aand after that , you need a good skill on money management , otherwise things won't run as planned , no profit but a nightmare and confusing moment to keep buying or just release all of them by sell it all at once.
Taking Risk always be a vital part , have something to improve no matter in technique or just knowledge would be helpful. For example when you really know what is happening in ethereum lately , know the factor causing a sudden pump with clear data you'll go allin to take that risk by buy it as many as you can.

I'm in 400,000 euros debt , dont help me , i rather die
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