Roidz
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November 21, 2020, 04:05:17 PM |
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A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.
Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?
And what are the red flags that you often see people fall for?
I usually in choosing altcoins only pay attention to a few things that are very basic in the development of an altcoin and of course this usually determines the development of altcon prices in the future, I see whether these altcoins are invested based solely on the market cap, supply volume, and circulating supply (circulating supply) in the market.
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com Super Six | | | | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | | | . 6 BTC PRIZE POOL | │ | . TAKE PART | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
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Ghondronk
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https://exiptoken.io/
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November 21, 2020, 05:08:53 PM |
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I think there is no any expert on the earth who can predict the success or the failure of any cryptocurrency with 100% accuracy. We can make prediction based on data which is available publicly but there can be more sensitive data that cannot be accessed by us which governs the end result. So when making the investment decision, what I believe is that everything including experience, common sense, data availability, fortune, gut feeling, etc. matters.
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South Park
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November 25, 2020, 09:04:19 PM |
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I think there is no any expert on the earth who can predict the success or the failure of any cryptocurrency with 100% accuracy. We can make prediction based on data which is available publicly but there can be more sensitive data that cannot be accessed by us which governs the end result. So when making the investment decision, what I believe is that everything including experience, common sense, data availability, fortune, gut feeling, etc. matters.
That is not really need it, as long as you could have even something as low as a 10% accuracy and you had decent money management skills you could still make money, the problem is that the accuracy of most people is way lower than that and also they invest every single dollar that they have in a single coin and once you do that you are no longer investing you are gambling with your money and as we know for the most part when you gamble you do not have the chances in your favour.
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Kocret02
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November 25, 2020, 11:57:55 PM |
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It's really easy, just see where the altcion is listing. if you are on a big exchange, big sales volume you also have a solid team I think it's an altcoin worth investing in in the future. because it is a benchmark for success or failure of altcoins for some time to come
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cryptogod322
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November 26, 2020, 06:08:38 AM |
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I first look at the project team, if they do not show their faces and do not link to their profiles, then this is the strongest sign of a scam. I also look at the site, if it is done badly, then I do not invest in such a project.
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bryant.coleman
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November 26, 2020, 06:12:38 AM |
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I first look at the project team, if they do not show their faces and do not link to their profiles, then this is the strongest sign of a scam. I also look at the site, if it is done badly, then I do not invest in such a project.
In some genuine cases, the project team prefers to remain anonymous and it is not a big deal. But I have seen instances where fake profiles are created and then presented as the project team. This is a major red flag and it confirms that the project is a scam. But it takes a lot of research to flag such fake profiles. By the time the profiles are flagged, the ICO funding round may be over.
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PerfectCircle
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November 26, 2020, 06:17:06 AM |
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A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.
Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?
And what are the red flags that you often see people fall for?
Deciding whether to invest in a new project or not? I suggest focusing your research skills on the TEAM, even if a project has use case that have been seen countless times before it doesn't mean it can fail, the team are the real backbone of a project, if they aren't experts there will be problems, make sure the team have good blockchain experience
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Cryptogainz
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November 27, 2020, 10:24:32 PM |
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I created a video from today showing how I found 2 potentially good coins, both have risen over 100% in last 24 hours https://youtu.be/QngczX7hzjIHave a look let me know what you think ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Vaskiy
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November 27, 2020, 10:56:49 PM |
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I don't make myself into risks. We don't know what is the true value of the project. Experts make precise prediction, even that go as a mistake at times. When it comes to altcoin investment, my choice is the top order assets and the assets that have limited fluctuation.
With new projects I prefer investing on tokens launched through Binance. We can see altcoins growing much higher in percentage, people fall for it without knowing the trading volume. One should be aware and should have basic knowledge on such things to maintain good portfolio.
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cabron
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November 28, 2020, 03:29:05 AM |
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There is never a sure way to learn the project isn't. Sushiswap now had started gaining trust again but I'm not so sure why invest to it when there is actually Uniswap to go with. We all know its history. There is an option for us anyway so if you find a project not so trusted, check other tokens.
If I really have to invest my money, I'd rather be checking the list of tokens on big exchanges and decide which one.
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Paycoinzzz
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November 28, 2020, 03:35:56 AM |
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A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.
Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?
And what are the red flags that you often see people fall for?
Red flags sometimes do not bring an important message, members keep investing innocently with the desire to have a big profit in a short time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Look for clear projects on team information as well as roadmap, especially if there must be large strategic partners to cooperate, that can be a successful project. This is a prime example of a successful project, capable of being able to list large Cexs. https://kira.network/
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South Park
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November 30, 2020, 06:10:28 PM |
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I don't make myself into risks. We don't know what is the true value of the project. Experts make precise prediction, even that go as a mistake at times. When it comes to altcoin investment, my choice is the top order assets and the assets that have limited fluctuation.
With new projects I prefer investing on tokens launched through Binance. We can see altcoins growing much higher in percentage, people fall for it without knowing the trading volume. One should be aware and should have basic knowledge on such things to maintain good portfolio.
When it comes to new coins regardless of your investigation on the project we are basically guessing and a coin that in the exterior looks exactly the same than another could enjoy massive success while the other fails almost immediately and there is no way to explain this in a logical way, with this in mind then it is better to distance ourselves from all of those new altcoins and just concentrate ourselves in established coins like ethereum that can also give huge profits if you invest at the right time.
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Alohadanc3
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Martian Swap - Anti Whale Measures New Yield Farmi
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December 04, 2020, 04:29:55 PM |
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Yes the number of scamming projects are increasing day by day. So we have to aware of that. It's very regular they devs left the project dead or fail to develop anything to show it's investors or followers. Yes there are some factors you can check but still there is no guarantee that that project will be good for future or not. You can check devs profile that are legit or not, you can check their partnership and exchange partnership and cross check them. Always check their roadmap and whitepaper. That's it I normally check for this things only.
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huiji2011
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December 04, 2020, 04:41:48 PM |
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The safest way to do it is not investing in such new project,and only spend your funds in coins with a high market value,don't be greedy and you won't lose too much.
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Slow death
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Leading Crypto Sports Betting & Casino Platform
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December 04, 2020, 05:37:41 PM |
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The safest way to do it is not investing in such new project,and only spend your funds in coins with a high market value,don't be greedy and you won't lose too much. it is really very disappointing when someone invested in a project and waits 3 months for the project to be listed and sees the project price increase 3X and the person does not sell thinking that the project price may increase even more and months later the altcoin price drops a lot to the point of being lower than the price the person bought. this has been a big problem for many people. I see people complaining about it on twitter and telegram. the best option may be the one you just said
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South Park
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December 04, 2020, 06:28:22 PM |
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The safest way to do it is not investing in such new project,and only spend your funds in coins with a high market value,don't be greedy and you won't lose too much. it is really very disappointing when someone invested in a project and waits 3 months for the project to be listed and sees the project price increase 3X and the person does not sell thinking that the project price may increase even more and months later the altcoin price drops a lot to the point of being lower than the price the person bought. this has been a big problem for many people. I see people complaining about it on twitter and telegram. the best option may be the one you just said The reason for this is very simple many people invest a low amount of money in a coin and even a 300% increase of their capital is not enough to give them significant profits, and that is because the size of their capital is very low so they keep holding their coins hoping that a coin keeps growing so they can change their future thanks to this coin, but as we know the probabilities of that happening are very low and instead of selling their coins for a profit most of the time they sell it for a loss or they even lose all of their capital if the coin crashes all the way to zero.
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gwdf1
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December 04, 2020, 07:05:31 PM |
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Many projects are very similar. But despite this, the difference will be after the achieved results. Therefore, I observe for a while, and then I invest. Also looking into backlinks of a site!
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Banulit
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December 05, 2020, 03:26:53 AM |
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There are many factors that you must consider when you are investing in an altcoin such as the good planning and clearness of their roadmap and also if the team developer is consists of well and experienced crypto experts. However it really gives you the assurance that it will be a successful one knowing that crypto-market is so unpredictable. The best thing that you must do is do your own deep research so you can really see the pros and cons of a certain altcoin what you are prospecting to invest with.
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rollingdice
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December 05, 2020, 03:54:20 AM |
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There is only one way to check if an altcoin is worthy. You should read its white paper.
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maximumcoin
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December 05, 2020, 04:17:47 AM |
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There are 3 things that I base on to find out any worth Altcoins to invest is :
1. Capitalization on market 2. Development team and what issues do their product solve now and in the future 3. Be supported by big investment funds
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