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Author Topic: What factors can influence ur mind when u choose a coin? :P  (Read 42 times)
Octmath
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June 26, 2018, 10:21:54 AM
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Wuts the most important point that makes u make a decision 2 mine or buy a new coin.Grin Grin Grin Roll Eyes Roll Eyes Roll Eyes
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Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin Core and some of its derivatives are the only known safe implementations of full nodes. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and Bither are OK.)
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saywhat
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June 26, 2018, 12:39:23 PM
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If it's not a scam or trash coin. Most of information necessary to dermine these factors are projects whitepaper and purpose of their coin/token.
Anyone who decides to invest in specific altcoin should be familiar with what it can provide.
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June 26, 2018, 12:53:09 PM
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Please don't use that dreadful gross coloured text. I was tempted to put you straight on ignore. I'll have a look at your other posts, and i still might do it.

I'm starting to plan my Crypto Coin Tree speculation club

Send me a PM if you would be interested in taking part in the initial planning.
nitrocryptonitro
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June 26, 2018, 12:56:10 PM
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If you use rationality to answer that question, as it was previously mentioned, you would check White Paper, project and team reliability.
Now don't forget that we are in crypto world, and things aren't always up to rationality.
Marketing, FUD & FOMO have an importance that you struggle to find any equivalent in normal life.
But you can still find similar examples IRL: fashion FOMO, discount FOMO (you remember, when you see people on TV fighting in supermarkets to get one of the few discounted articles that they aren't in need...?  Roll Eyes).
People tend to think market as an agregation of rational people, but in fact, you can add lots of factors that will turn people into irrational morons.
And from a group constituted of rational beings, you finally find yourself with a group of fools that you can't analize. You can just notice the importance and the direction of the wave, but you don't know when it will start breaking.

I remember to have read an article that was explaining that in crypto world, FOMO & FUD were more important than fundamentals.
If I find it again, I will come back to post it here, as it was a very nice one.

To conclude, hype analyzing should be one of the prerequisite in analyzing which coin to buy.
Note the sole one, but an important one.

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Avalonist
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June 26, 2018, 09:33:52 PM
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I always take a look at the day trading volume and what are the last news from project.
Try to invest  in Alts, which are launching their Mainnet or other product in month or two
Octmath
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June 27, 2018, 01:31:07 AM
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Please don't use that dreadful gross coloured text. I was tempted to put you straight on ignore. I'll have a look at your other posts, and i still might do it.
lol already changed mite, dun do that
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June 27, 2018, 02:13:07 AM
 #7

If the question is about investing in one coin,

in my case I have a bias on the cryptos that will help and revolutionize the following industries:
  • Medical Industry - medicine is for all hence if there is a crypto that will pursue this vision, count me in.
  • Agricultural Industry - I have a heart to protect and help farmers so I really like project helping the agriculture sector.
  • Protecting the environment - I am a nature lover.  I really love trees so I am interested also in this kind of project.

I am leaning to invest on the above industries (I think it is somewhat related to what you value? or the desire to become part of something that will make an impact?).

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