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Author Topic: Choose wisely  (Read 6924 times)
Menawi12
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July 11, 2019, 05:16:29 AM
 #21

Altcoins with real use case will never disappoint you on the long run ,altcoins like clear foundation ,Hot (hologen) and skycoin will never disappoint because they have a real use case ,if you choose wisely you Wont have anything to worry about.

There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.

Do not choose  coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.

Holo (HOT) is one of the best coins to hold on long term. Have large transactions and traded at binance. Its true that we have to choose wisely if we are going to invest in altcoin because the risk of investing in altcoin is very high and sometimes there are many altcoins that only pump and dump projects

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July 11, 2019, 09:06:36 AM
 #22

An interesting point of view. If we consider it, then there is quite a lot of rationality in it. I never thought of this problem in such a context.
But the truth is, I spent a lot of energy on mining Coins, which now turned into nothing.
Leyss
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July 12, 2019, 08:33:06 AM
 #23

You need to choose a cryptocurrency for investment depending on what goal you set for yourself. If there is a goal of short-term profit, then you need to act on the basis of some priorities, if for the purpose of a long-term perspective, then the parameters for selection should be different.
Of course, for long-term profit, you must first choose a high-quality innovative project with a different idea from the rest and evaluate it from the point of view of business prospects. This gives just the Altcoins, and not coins with their common functionality as a means of payment.
lienfaye
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July 12, 2019, 08:52:12 AM
 #24

Every investor should know the criteria of good coins to invest in.

Because not all coins are worthy to buy or hold.

The use cases and if it can solve real problem are some of the factor to consider when choosing. Doing an extensive research is important to not end up in shitcoins.

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July 12, 2019, 09:07:03 AM
 #25

You gave good advices. But some coins like NEO, ONT, KCS, TRX which are giving dividends are good choices too.
And DASH with their masternodes is a good choice. But other masternodes coins are useless.
It is not so easy to find which altcoin can become a gem. And new altcoins are poping in the top 100 coins in this year. Thoses coins are the real winners.
But to choose which coin to hold for a long term, old altcoins are more preferable as new altcoins can disappear more easily.
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July 12, 2019, 11:04:50 AM
 #26

Thanks you mate, what you said is a fact, it is always good to choose wisely, don't buy coins because you see people bagging it, make sure to do some research before investing your fiat on crypto. There are good coins to hold, but you have to do research to know them. Once you hold good coins, even with dip,  you will never get worried because you know it will rise  back.

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July 12, 2019, 11:56:04 AM
 #27

I recommend to you to pick always altcoins with top10 altcoins in binance exchange or which is listed on coinmarketcap.
For sure choose a coins that have a potential to increase to gain up some money with no high risk of investing.

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July 12, 2019, 12:03:23 PM
 #28

Im kinda agree on this reasoning but we could not tell in the long, as we could not predict what will happen, there are several reasons why a good project fail in the long run, it all depends on the team behind it, if they could abandoned it, or have been hacked, nothing we can do, but to accept the reality, thats the bad thing about crypto projects, just ride while the iron is hot and be able to play the game.

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July 12, 2019, 12:41:25 PM
 #29

In this space today, if there is no use case within any project, that project won't likely last long term. With this it can be seen that the crypto space is gradually moving from hype projects to those with use case that is actually working. So we should be expecting more of them as time goes on.
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July 12, 2019, 12:43:21 PM
 #30

You have a good observation there. I too only invest in altcoins that has a realistics project and usage behind it. Else I only invest on top coins in cryptomarketcap. With the way the market moves lately, one should be very careful when investing.
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July 12, 2019, 02:08:45 PM
 #31

You are right mate you got the idea, because, later come to the use cases of those altcoins that will determine their long existence, any alt that do not use the real case is not good for investing your money into it.. If it doesn't have anything to use case and  it will be gone for sure.
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July 12, 2019, 02:41:27 PM
 #32

Well for me choosing is really a very important thing in crypto. Because crypto is all about choosing and if we dont choose coin in a very wise way we can surely loss. So i think we all need to choose wisely for good. I also believe that we really need to control our emotion in crypto so that we can choose the best coin to invest.
radjie
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July 12, 2019, 07:14:48 PM
 #33

Every investor should know the criteria of good coins to invest in.

Because not all coins are worthy to buy or hold.

The use cases and if it can solve real problem are some of the factor to consider when choosing. Doing an extensive research is important to not end up in shitcoins.

yes, to be a smart investor in this field, of course we are required to be able to choose the type of potential coin that is good to serve as an investment asset. doing research on each coin that we will choose is of course very necessary so that the investment that we do is not trapped in the type of coins that are not valuable in the future or just become a kind of useless coins of dirt

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July 12, 2019, 07:33:54 PM
 #34

I sawany of bounty Hunterd that have been fooled by scammers in yhis time of crypto and many of projects now are not goos so im choosing those good project yhat van actually give us profits is not difficult if we know how to handle those situations.
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July 13, 2019, 05:10:26 AM
 #35

I sawany of bounty Hunterd that have been fooled by scammers in yhis time of crypto and many of projects now are not goos so im choosing those good project yhat van actually give us profits is not difficult if we know how to handle those situations.

You need to search the right project to find that good project, and that is not easy as we see right now, many projects still run their ico or ieo. Many of them have delayed their project because of the market situations still not good to them. Maybe after the market is stable, they can get a good position in the market, and for the project that has been run, they can continue and finish the project and reach success in the long term.

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July 13, 2019, 05:20:30 AM
 #36

You need to search the right project to find that good project, and that is not easy as we see right now, many projects still run their ico or ieo. Many of them have delayed their project because of the market situations still not good to them. Maybe after the market is stable, they can get a good position in the market, and for the project that has been run, they can continue and finish the project and reach success in the long term.
unreasonable reason. What kind of stable market conditions do you want the project to be like? the market will continue to move investment has begun to take place. if there is a project like that you better leave it. they do not have confidence in the ability of their products to compete in the market.

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July 13, 2019, 07:20:35 AM
 #37

Altcoins with real use case will never disappoint you on the long run ,altcoins like clear foundation ,Hot (hologen) and skycoin will never disappoint because they have a real use case ,if you choose wisely you Wont have anything to worry about.

There are some altcoins that are BIG if you know how to pick them out ,some are backed by popular bigger companies like Microsoft among others.

Do not choose  coins because they are mineable or they have implemented POS ,without real use case they will die overtime and lose value.
I totally agree with you that when making an investment, we have to go for altcoins that really have working products, this is what I do, and this is why I found it very difficult to participate in Pre-ICO, because I feel there is no way you can know if a project really have use case except they have been tested and confirmed, and the only way they can be tested and confirmed is when they have already entered an exchange, and overtime, you have seen the seriousness of the team, and able to monitor if they are really working according to the purpose for which they were established, and also working in line with what is being documented on their whitepaper, if they are following upon their whitepaper promises, then they are worthy to be called an investment.
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July 13, 2019, 07:23:25 AM
 #38

That is the truth, point blank... If there is no use case then there is no need getting involved with that project. Use case speaks for a project, it shows the world what that project is capable of doing, it shows the world the level of expertise the team has; and it is all these that will attract more investors, users and members into using that project.
It's important we stop listening to hype or giving heed to it.

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July 13, 2019, 07:43:53 AM
Last edit: July 14, 2019, 01:02:39 AM by jessyj48
 #39

There are some big altcoins? Please specify or give details of what coins are supported by large companies other than Microsoft. Hmm.. And I want to ask, how do you predict about Libra, we all know that Facebook is behind it as a very large company in it. I want to know your opinion. Thank you in advance.
I think he is not talking about been BIG based on companies running the coin or token, the BIG means having better quality than other coins and tokens, take miracletele project for an example,I don't think we will see another altcoins has good as miracletele this year again,its BIG

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July 13, 2019, 07:52:57 AM
 #40

It's true that without any real use, no project will be lasted for long time and over the time, they will disappear. But which projects you have mentioned will also disappear because they as well don't have any real use. You may claim but to be honest no one is going to use that shit.

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