Colt81
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October 17, 2019, 09:56:58 AM |
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It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin How Sure Are You That You Invested In A Right New Coin?
It is true that it is hard to make decisions in your investments because you are not sure that you can gain profit from it, even though they have a promising concepts in their project. So i think that the coin that i have invested right now might be good and will be successful, and i could earn huge profit from it.
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DeathProxy
Sr. Member
Offline
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
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October 17, 2019, 11:06:43 AM |
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Its hard to know the rigjt new coin to invest in thats why i try as much as possible to make proper research on the project in question before i make any investment . I try as much as possible to check if the project has an already working product which can stand the test of time before i make any investment. To this effect i will advise any new coin to have real workable product so as to win the trust of investors
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erickastella
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October 17, 2019, 11:20:49 AM |
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In my opinion, if you want to invest with a new coin, there are a number of important things to look at, namely the team, how professional the team is in carrying out the project, then reading the whitepaper to the end, and the road map, if you have done the coin analysis and are in doubt with 3 the above, then don't invest in the project.
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lienfaye
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October 17, 2019, 11:36:39 AM |
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In my opinion, if you want to invest with a new coin, there are a number of important things to look at, namely the team, how professional the team is in carrying out the project, then reading the whitepaper to the end, and the road map, if you have done the coin analysis and are in doubt with 3 the above, then don't invest in the project.
In short doing an extensive research about the project is the key to determine if the project is real and you invested in a right coin. Though sometimes even how hard you try investigating scammers are smart enough for their project to look genuine. If the team aim is to solve real problem and has a concrete plan and progress then its one of the factor to look at.
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TheICE007
Full Member
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Activity: 646
Merit: 100
tozex.io
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October 17, 2019, 12:44:37 PM |
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First we need to put it at the back of our mind that there is no certainty in crypto. Also we should know that every business entails risks and if you are too scared of risk, then you wouldn't try anything new. Now, putting that aside, before investing you need to do research on the project, follow their social handles, read their white paper, then know the people backing up the project, that should give you a little rest of mind that you are investing in a project that will be successful
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DabsPoorVersion
Sr. Member
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Activity: 1260
Merit: 315
www.Artemis.co
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October 17, 2019, 01:03:57 PM |
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Its hard to know the rigjt new coin to invest in thats why i try as much as possible to make proper research on the project in question before i make any investment . I try as much as possible to check if the project has an already working product which can stand the test of time before i make any investment. To this effect i will advise any new coin to have real workable product so as to win the trust of investors
Having a research to decide which coin to invest is one way to avoid from wasting your investment. Having a background check for the team can also help to determine if they have truly a goal and capability to improve the project. Making further research to choose good project will actually work and it helps a lot of investor especially when it comes to new projects.
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Pearls Before Swine
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October 17, 2019, 01:15:03 PM |
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Not sure if op or anyone else is talking about coins or tokens here. If this is about tokens, I don't think any of them are worth investing a single satoshi in because I have yet to see a project that adds value to anything, and most of them are just straight up scams.
If we're speaking of coins with their own blockchains, the situation is very much the same. There are already so many on the market that none of the new ones are really adding anything in terms of innovation. Mostly they're just created to make a profit for the creator, who usually premines the shit out of them.
I stick to the better established coins when I'm buying alts, and the newer releases don't hold my interest. To answer the question in the title, it's kind of simple. You can be sure you bought the 'right' coin if it appreciates in value during the time that you own it. There's no other yardstick I know of to measure success than that one.
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iamsange
Sr. Member
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Activity: 995
Merit: 436
Vave.com - Crypto Casino
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October 17, 2019, 02:06:59 PM |
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Its hard to know the rigjt new coin to invest in thats why i try as much as possible to make proper research on the project in question before i make any investment . I try as much as possible to check if the project has an already working product which can stand the test of time before i make any investment. To this effect i will advise any new coin to have real workable product so as to win the trust of investors
Having a research to decide which coin to invest is one way to avoid from wasting your investment. Having a background check for the team can also help to determine if they have truly a goal and capability to improve the project. Making further research to choose good project will actually work and it helps a lot of investor especially when it comes to new projects. Really hard for now decide something like that, a lot of project already proven that not success in market. I am not say all, but a lot of investor already lose money with it. Maybe if developer really dare to promise will serious develop their project or maybe like what @deathproxy said if already have working product, worth to invest.
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dentolas
Member
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Activity: 854
Merit: 12
arcs-chain.com
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October 17, 2019, 02:08:39 PM |
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I don't do it often... in fact it is rare... but when I bet on a new coin, besides the proper research, I know that there is nothing sure about it... at least while the crypto world remains in such cahos it will be very hard to be sure of any new projects but I never loose hope
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Samboo
Member
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Activity: 434
Merit: 10
www.thegeomadao.com
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October 17, 2019, 02:24:09 PM |
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First of all, I rarely invest in cryptocurrency. What I do is just bounty campaigns from which I will get some free tokens. So far, I have collected many bounty tokens worth only a few dollars. But in case, I am to invest in coins, I do research thoroughly beforehand. I look at project team, its whitepaper, website and road-map as well in a bid to escape being scammed.
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otto93
Member
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Activity: 216
Merit: 10
Live, Hope, Win
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October 17, 2019, 02:37:26 PM |
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Nothing is 💯 sure in this world, the only sure thing is that you always consider your reisk factors and stay with the lowest risks, thats what I do and it worls for me perfectly fine
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Google+
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October 17, 2019, 02:39:47 PM |
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it is true that many projects are scam and ultimately make it difficult for investors to make investments, but there are some tips that can be used to choose what platform is suitable for purchase, one of which is that you can invest in a platform that moves in the field of exchange because of the platform many of them are successful.
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stephanirain
Sr. Member
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Activity: 756
Merit: 257
Freshdice.com
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October 17, 2019, 03:28:20 PM |
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It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin How Sure Are You That You Invested In A Right New Coin?
If the project team promises a too good to be true deal, it will be common sense to doubt unless you are a really greedy and dumb person in this industry. I need to see a realistic amount of expected profit as well as a good management. If the project team can easily be engaged and is not confusing nor too pushy when explaining stuffs about the project. It will be difficult to certify that the project is a scam nor it will definitely succeed but we won't know unless we put our faith and try it after it meets our conditions.
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debitel
Jr. Member
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Activity: 80
Merit: 1
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October 17, 2019, 03:28:58 PM |
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You can't be sure. Be sure to triple check every coin you invest in. Read whitepaper and check everything that's stated in there. Check social media and every place where the coin takes place. Be a freakin investigator and then invest!
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OasisDre
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Activity: 532
Merit: 41
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October 17, 2019, 03:31:27 PM |
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There is no assurance investing in any crypto coins and tokens because anything can still happen to very good projects, even top coins can fail at any point in time so the best way is not to rely on a coin, its safer to have variants of coins and tokens in your portfolio
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electronicash
Legendary
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Activity: 3234
Merit: 1055
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October 17, 2019, 03:41:28 PM |
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There is no assurance investing in any crypto coins and tokens because anything can still happen to very good projects, even top coins can fail at any point in time so the best way is not to rely on a coin, its safer to have variants of coins and tokens in your portfolio
of course there is a assurance. you just have to look for the opportunity. the only way you can be sure you are investing the right coin is when you see it hit the bottom while they are still on top rank coin. if you take a look at the coin on top includes the cheapest ones. look at their charts and its volume. but if you are going to be doing day trading then stick to the major pairs in crypto.
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JayTrain
Full Member
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Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
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October 17, 2019, 03:45:27 PM |
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Its hard to know the rigjt new coin to invest in thats why i try as much as possible to make proper research on the project in question before i make any investment . I try as much as possible to check if the project has an already working product which can stand the test of time before i make any investment. To this effect i will advise any new coin to have real workable product so as to win the trust of investors
Having a research to decide which coin to invest is one way to avoid from wasting your investment. Having a background check for the team can also help to determine if they have truly a goal and capability to improve the project. Making further research to choose good project will actually work and it helps a lot of investor especially when it comes to new projects. Really hard for now decide something like that, a lot of project already proven that not success in market. I am not say all, but a lot of investor already lose money with it. Maybe if developer really dare to promise will serious develop their project or maybe like what @deathproxy said if already have working product, worth to invest. Yes, the main selection criterion is, of course, a working product, I think so, many people think, but unfortunately projects with a working product do not always give large incomes, I think a new trend is ripening - the profit will not be so high, but a reliable investment
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Winscosinally
Member
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Activity: 490
Merit: 16
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October 17, 2019, 03:59:23 PM |
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Good coins always have the following 1. Good demands due to real use cases or working products 2. They are listed on many exchanges, big, small, mediocre exchanges combine 3. Their teams and developers always show good sign of progress either on roadmap or future plans and developments, they are always open to more ideas
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bitcoinst
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October 17, 2019, 04:30:30 PM |
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Very strange question. Think for yourself, confidence in a coin is fully gained only when we see how the project grows and develops or when we see the rapid growth of a coin. At these moments, we understand that we made the right choice, although just an hour ago when the price fell, we could reproach ourselves for deciding to invest in this garbage.
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ufaiz50
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October 17, 2019, 04:38:22 PM |
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It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin How Sure Are You That You Invested In A Right New Coin?
Are you also not going to buy libra made by Facebook? although there are some teams that came out of making Libra. Purchasing new coins that are profitable and attract the attention of users, I don't mind to buy even though new coins.
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