bluebit25
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November 08, 2020, 04:13:50 PM |
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If is altcoin you have to determine if you want to invest safely or risky, i see that the top altcoins are very likely to increase in price in the future as proof when the market increases, these altcoins also increase. On the other hand, if you want to look for highly profitable accounts, you will have to have the knowledge and ability to find those projects, I see we are often out of the top 100 on CMC and those altcoins are In the process of cumulative operations, if you know when to buy, I think the profit is huge.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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baiwei
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November 09, 2020, 06:07:56 AM |
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In determining what altcoin would be the best investment, the most important thing is to consider is does the project is promising and how was it affect and contribute good investment to its future investors. Get some information about it and observe then there you can finally analyzed it through yourself and other people if it is going to be worth investing for.
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StyleForceOne
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November 09, 2020, 06:57:25 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?
Its up to a person to decide which project worth investing in. My criterias are: 1. Clear and completable goals 2. Project is here for a year at least. Even if it just proceeded to enter market - information about early developing should be available. 3. Team is not anonymous. 4. If its an established project, the price should be in bullish movement, but I will buy on dip. Red flags are the opposite of these basically
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jcarlo
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Activity: 798
Merit: 10
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November 09, 2020, 08:07:29 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?
Its up to a person to decide which project worth investing in. My criterias are: 1. Clear and completable goals 2. Project is here for a year at least. Even if it just proceeded to enter market - information about early developing should be available. 3. Team is not anonymous. 4. If its an established project, the price should be in bullish movement, but I will buy on dip. Red flags are the opposite of these basically Anonymous does not mean the coin or project is a scam because the creator of bitcoin is not known until now. But I agree that we should know the team of a project if they sell tokens because we have to know what products will be produced and also the progress of the project.
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istiak2277
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KUWA.ai
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November 09, 2020, 09:07:31 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?
Some time investors listen to people's opinions from the project group. Sometimes people Fud in the group and spread fake price expectations and project reviews. If you are a serious investor then you should listen to yourself, not others. And project whitepaper, Roadmap, and Team behind the project are some vital elements for a strong project. Should check those first.
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GrayFullbuster
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November 09, 2020, 09:44:07 AM |
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For me, Volume is the most important indicator and I can easily identify a worth it altcoins to buy through looking and analyzing the volume. Most of the shitcoins doesn't have good value and good volume. Those shitcoins should be avoided in order to not experience huge losses and red portfolio. A good altcoin for me have a daily volume more than $10,000,000. If a certain altcoin has that volume consistently then it is one of the good coins, I also suggest that the altcoins should be belong at the top 100 in coinmarketcap.com.
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luckyflop
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November 09, 2020, 10:29:06 AM |
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investing is an art, Some kind of instinct like the 6th scene, Not only in altcoin but in anything else, You have seen or heard about reach people in real estate marketing or any other market, the rules are the same, buy low sell high, but to find out the enter and the exit point make the difference between a natural trader and a newbie, I wish I could tell you how to gain that instinct but I can't as it is some inner voice, you can be a professional trader and make some profit but to be a big wealthy person like Trump you need that instinct that only a few have it.
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santouao
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#SWGT PRE-SALE IS LIVE
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November 10, 2020, 06:25:45 AM |
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In determining what altcoins has the best possibilities for having a good outcome investment. Ofcourse, look for its stability from the market look for its what about especially its developer and the team behind it.
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JHORN
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Sovryn - Brings DeFi to Bitcoin
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November 10, 2020, 06:34:19 AM |
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1. It's use case most new fresh and new, not repetitive 2. Team must be experts not crypto newbies like many projects today. 3. Good partnerships must be available, this means easier adoption 4. The project team must aim for better exchanges, not p2pb2b, exmarket and few others like these two
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South Park
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November 11, 2020, 06:57:10 PM |
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Many investors are too lazy to verify how important that project is in the market before investing on a particular project.
While true this is an unforgivable sin, if this was some kind of game in which there were no consequences for your mistakes I could understand why they are not serious about what they are doing, but when it comes to investing and failing at it the stakes could not be higher, most of us earn money through a lot of effort and investing in a bad altcoin is the fastest way to lose it, so to lose your money to scammers just because you were too lazy to check if the project is any good or not is simply not acceptable at all.
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Strotman
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Bounty Detective
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November 12, 2020, 08:34:01 PM |
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I also suggest that the altcoins should be belong at the top 100 in coinmarketcap.com.
On the one hand, coins from the first hundred seem more reliable to many investors, but in the third and even fourth hundred there are projects with potential for growth. Well, everyone should decide what investment strategy to choose.
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pelumi20
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SmartFi - EARN, LEND & TRADE
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November 12, 2020, 10:21:32 PM |
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I believe it's pretty difficult to decide whether an altcoin project is worth investing since we are simply guessing and each project depict that it can execute the project advancement including its roadmap and all which is composed on each project's whitepaper that is the reason nobody can tell if the project is worth investing or not on the off chance that you are sure about the team, item and its utilization case its everything up to you to judge in the event that you are eager to gamble. red flags are noticeable in many projects and the most well-known thing is the unrealistic guarantees, obscure team profiles and plagiarized whitepapers.
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Fakhrulenclix
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November 12, 2020, 11:09:44 PM |
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2020 and you still talk about ICO?? ICO already dead and many people leave it because so easy for people to make a new project only because 1 purpose "wants to scam fool people". You should leave it too
You want to invest in altcoins. Choose the top coin. will avoid you to be scammed
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South Park
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November 16, 2020, 04:20:32 PM |
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2020 and you still talk about ICO?? ICO already dead and many people leave it because so easy for people to make a new project only because 1 purpose "wants to scam fool people". You should leave it too
You want to invest in altcoins. Choose the top coin. will avoid you to be scammed
That is just the way people are, people think that just because something happened in the past it can keep happening over and over again but people have learned their lesson, unfortunately at a great cost but they still learned, most of those projects are nothing but scams and even the ones that are not are led by incompetent people that do not really know what they're doing and as such there is no hope to get any kind of positive return out of those projects and as such no one should expect to get any profits out of them.
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Wenbing
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There is gold in volatility..
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November 16, 2020, 04:26:54 PM Last edit: February 26, 2021, 02:28:29 PM by mprep |
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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?
Here is my contribution and opinions. when it comes to the initial Coin offering, which is like an IPO here are what i feel an intending investor should look out for ; 1. the competitive edge of the product in the market. This is very important as crypto space is very saturated. 2. The whitepaper of the project. A great whitepaper will show you the edge. These two will guide greatly
The coin is as strong as its community. Check all social media accounts they have and try to recognize if the community is the only group of speculators or active users. The speculators will leave the project as soon as the price starts falling down, while the active community doesn´t care much about the price. What if the speculators are paid to remain loyal to the project such that despite the falling they remain optimistic. I think this could mislead investors to invest with a vain hope. many things are happening in this space. [moderator's note: consecutive posts merged]
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Sendi blackspade team
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November 16, 2020, 04:54:16 PM |
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The coin is as strong as its community. Check all social media accounts they have and try to recognize if the community is the only group of speculators or active users. The speculators will leave the project as soon as the price starts falling down, while the active community doesn´t care much about the price. What if the speculators are paid to remain loyal to the project such that despite the falling they remain optimistic. I think this could mislead investors to invest with a vain hope. many things are happening in this space. such a problem is possible. I myself have seen projects that have been listed on the stock exchange but they are very few interested in the market. a team like without development in a long time. but suddenly they come up with new ideas that haven't been realized. different from their initial platform plan. of course, by attracting investment into the project. although all of that could happen, I don't think investors in the crypto market today would be that stupid to be fooled or simply interested in a near-death project.
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jademaxsuy
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November 16, 2020, 04:58:12 PM |
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If it is being managed by a good campaign manager usually the coins or tokens receive is worth it. But it doesn't mean that all of the project being managed by a reputable bounty manager will going to succeed. There are only high percentage of projecta being managed are good. This because these manager are not only for the payment they will get from the project but also to the welfare of the bounty participants. This is the way they see their works towards professionalism.
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mezzaluna
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★Bitvest.io★ Play Plinko or Invest!
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November 16, 2020, 05:38:56 PM |
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The large number of group telegram members is not a guarantee that the project is in demand by many people or investors. In my opinion, a good altcoin should be the one that has big transactions and is listed on large exchangers because a reputable exchanger will make a strict selection when deciding on a listing project
Well, that is always true for most Alternate Cryptocurrencies since their only mode of spreading news regarding their further developments but most news about them are fake promises or news that there will be new developments regarding their platforms. It would also be mind boggling if you are only targeting Cryptocurrencies with high transactions since that would already be placed at a high value like Bitcoin. It would only be logical to look or view new platforms that would have the possibility of having Bitcoin like transactions meaning we have to look for its volume.
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best123
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https://blockmembers.io/
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November 16, 2020, 10:55:59 PM |
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The first thing to check is the use case of the project. Is it a utility, security etc token etc. Who and who is in the team. Where are they from. Are they following their road map?
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Adreman23
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Sugars.zone | DatingFi - Earn for Posting
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November 17, 2020, 01:31:09 AM |
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And what are the red flags that you often see people fall for?
Dont also forget the red flag sign of broken trust, trust is very important factor of a good project. Community support is a key to a project success if trust is broken because project team are not transparent or they made wrong actions or decisions then it create bad impact and failure. Imagine a project without community support looks like dull, scam and useless.
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