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Author Topic: How do you choose which altcoin will you buy?  (Read 2756 times)
#Darren
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November 11, 2019, 04:49:51 PM
 #41

It is not an easy decision, because every day it is getting harder and harder to determine a good projects. Even scammers have good whitepapers, real team members and an illusion of a working product, so be very careful and invest a lot of time in checking project before putting your money into something.


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November 11, 2019, 04:59:00 PM
 #42

It is not an easy decision, because every day it is getting harder and harder to determine a good projects. Even scammers have good whitepapers, real team members and an illusion of a working product, so be very careful and invest a lot of time in checking project before putting your money into something.
it might be difficult to find a good project for now plus data manipulation from the team as you said. it must be careful to do research before investing, because the funds can be lost if you are not careful and careful
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November 11, 2019, 05:01:42 PM
 #43

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.
Choosing long term altcoin investing for the future better take investment with altcoin on top ten coinmarket cap, you can choose which one to ten altcoin for investing as your future investing like ethereum, ripple and you can invest with BNB coin or Litecoin. as your future investing become most potential to get higher profit but if you buy shit coin never take holding for long term.

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November 11, 2019, 05:05:59 PM
 #44

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.
In my opinion,  altcoins that are worth buying and investing in are crypto which focuses on privacy. Because cryptocurrency that focuses on privacy is a type of crypto that always has a fairly high level of demand. There is always a need for privacy and anonymity, regardless of the type of trends the market is going through. Although this crypto may experience a decline due to the market drop, there are still good opportunities for crypto that focuses on privacy and are least affected during the Bearish Market period. One example you can see is Dash and Monero. Other cryptos that have evolved like Verge have increased at the beginning of the year but it did not last long when the market declined and made large losses. However, time-tested ones like Dash and Monero will continue to exist.

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November 11, 2019, 05:27:10 PM
 #45

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.

Nowadays imho you should combine some basic FA (fundamentals) of project with some advanced crypto market scanners like coincyborg to compete with savvy traders Smiley
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November 11, 2019, 05:31:29 PM
 #46

Hey. for newcoins on the market I usually check Coinmarketcap / recently added.
I've bought all the altcoins I think I'm ever going to own right now, so I don't really check cmc for the top ranked ones, but this is a good suggestion for a newcomer who wants to know which coins are the 'best'.  I don't know where the cutoff is on cmc's list, but I would say probably the top 25 are worth thinking about investing in.  After that the quality of the coins drops off a cliff.

Besides that, I think proof of stake coins offer an excellent way to earn income, which is something that most coins don't, and you wouldn't necessarily know a pos coin from anything else by just looking at coinmarketcap's list. 

Op, be careful about what coins you buy, because there are a lot of lousy ones out there.  Make sure the market is liquid for anything you invest in, else you're going to have a hard time selling if it comes to that.
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November 11, 2019, 05:35:49 PM
 #47

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.
For now, it seems investing in ico or ieo is not the right step because if you see an opportunity to benefit from ico and ieo at this time is very difficult, surely you know the reason?
in my opinion for now it's better to save your money than to invest in an ico or ieo and wait for the right time to do it, but if indeed you want to invest it's better to choose bitcoin, ethereum, BCH or other cryptocurrency which really does indeed have a market share broad.

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November 11, 2019, 05:36:12 PM
 #48

I'm more on looking at some news. If a coin I think has an opportunity in growing I look at its news and by that, I am looking at coinmarketcal.com. In coinmarketcal, you can see news out of many coins. But you should not depend on all of it as true. Some of them are hoax. You should always research or confirm if it's true. Second, I'm looking at their social media accounts. Most of their updates are all in their social media accounts.




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November 11, 2019, 05:48:57 PM
 #49

I stop looking on any new ICO/IEO instead I look on coins that is available in the market with good liquidity and high trading volume, I use coinmarketcap or coingecko as reference for newly added coins and run my own research on the coin that caught my interest. I specifically look into a big partnership with the project and see if the working platform has a lot of users already.

 
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November 11, 2019, 05:49:54 PM
 #50

With more cryptocurrencies debuting on coinmarketcap daily, the task of sifting through for the best crypto to invest in becomes tougher day by day. This has made me go after short term coins more for quicker profit. A good team, working product, Tokenomics (little in circulation) and small market capitalization well below $5m

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November 11, 2019, 07:54:41 PM
 #51

I have believed for the projects before to have a bright future but it tends that I'm wrong with all of those speculations that I have. This is why I don't look further for the projects these days, if the idea is the same as before.

I wouldn't look on it further. With your worry, most of the coins these days are like those.

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November 11, 2019, 08:27:19 PM
 #52

There are good tangible altcoins out there that would yriod good profits but the issue is dictating good one which is why good and adequate research is highly needed as you can just buy because people are buying or just buy because you heard news from a friend or group you belong. Doing your own research highly pays and truth is altcoins still pay and people are making it bid through Altcoin so do your research and but which you think is worth buying.

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November 11, 2019, 08:37:48 PM
 #53

Well, the only chance coins will be dead or fail within a few weeks is if you are choosing the absolute most trash projects to invest in.

The vast majority of projects will actually fall into this category, and most will do whatever they can go hide the fact that they have no idea what they're doing or how to achieve their long term goals.

Personally, I just stick to undervalued projects that have been around for at least a year and have a solid revenue stream. That way you can be sure they're in it for the long haul.
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November 11, 2019, 09:59:33 PM
 #54

Due market condition are still not stable. I recommend you to invest in just top 15 altcoin. But tbh,  Tron (TRX) is still the best to collect to our bag. They still so cheap right now. Just buy it before ATH moment come's again.

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November 11, 2019, 10:25:38 PM
 #55

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.
I never get out in top 10 list. However it is pretty tough to choose a project in which will be going strong along the run. The list of factors I am considering is who manages the project because they may consider it rather to be a trusted one. Last one is how frequent the admins entertains you in their question and the rest is a further research on the project in which you consider to before joining up.
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November 11, 2019, 10:48:38 PM
 #56

Many new project here really can turn scam or hack their investors still you can study it base in their potentials like if they can handle this example if market drops then they still develop this so this will grow like that's one of the situation that developer need to do because market here is very volatile then there's a lot more,Moreover before you do risk or invest then better to choose the trusted and popular already here then find new and do invest only a little on it
The exception is a must for ico consider about the raised funds must make the development can still continue and it doesn't seem the market matter a lot to the project. The market is depending on the news and in altcoin the news will create a rumour and if that will be spreaded among the crypto users and it can create a pump.
but product is everything in the successful and future of the project itself.
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November 11, 2019, 10:53:05 PM
 #57

Hello

Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.

Do you know any projects that you believe has a bright future?

I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.

Thank you in advance.

Most especially is that I consider the team and their partnership. The seriousness of a project and its team also boils down to how many strategic partners they have got. At least to show that they are serious. Another thing I consider is also the exchange where they have their IEO. I can never invest in projects with IEO on shitty exchanges.

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November 11, 2019, 10:57:51 PM
 #58

Unfortunately, I don't look at a new project right now because I don't see the new project have a chance to grow in the short term. I prefer to buy the coin which has a history in the market so I can see how good the moving of the coin. Besides that, I think if the new coin has a good moving at the market, that coin can be chosen as the potential coin for trading. But to say that the coin will be good for a long term investment, that will need to research deeper so we can find the potential to increase in a long time.

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babicena14
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November 11, 2019, 11:04:36 PM
 #59

At the moment, I prefer investing in more reliable and promising coins. Among the new projects, I don't know what can be advised for investment. It is better to focus on fundamental currencies.

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November 11, 2019, 11:55:53 PM
 #60

I primarily evaluate the people who are behind the development of this project. I look what they have already achieved and what they want to achieve in the future. After all, the project team now plays a very important role in the development. It is much more difficult for new developers to earn the trust of investors.

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