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Author Topic: significance of different altcoilns  (Read 551 times)
crossflix536 (OP)
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March 28, 2021, 03:39:38 PM
 #1

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?
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March 28, 2021, 04:25:58 PM
 #2

Here you go https://coinmarketcap.com/alexandria/

I hope that will help you to know the basic knowledge about crypto but it will not give you a lot of explanations about crypto and in another way you should always try to read various article that already published by coindesk or cointelegraph too.

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March 28, 2021, 04:48:51 PM
Merited by CryptopreneurBrainboss (1)
 #3

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

1. Most of the altcoins are shitcoins that are there for sole reason of pump and dump with no use cases.
2. I would suggest you app which give signals about altcoins’s listing on various exchanges and news about them.
2.1 - Blockfolio is the app I’m using to keep track of altcoins and news about them, I’m running that app on iOS and not sure if android version is there, but you can check Smiley

There are people giving their reviews on youtube regarding various altcoins, the one that i watched was “CoinBloq” but e stopped uploading his content last year. People here can suggest you various youtube channels but proceed with caution when revising new content regarding altcoins.
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March 28, 2021, 04:52:52 PM
 #4

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

You could easily search everything on Google, just make sure to know everything on an altcoin token before actually investing and buying the altcoin.

Here you go https://coinmarketcap.com/alexandria/

I hope that will help you to know the basic knowledge about crypto but it will not give you a lot of explanations about crypto and in another way you should always try to read various article that already published by coindesk or cointelegraph too.

I can recommend this website, as well as you could use the coinmarketcap website if your researching for an altcoin since everything that you need to know about a token is already in the website with the complete list of top cryptocurrency in the market.

.
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March 28, 2021, 05:53:04 PM
 #5

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

Best to take trades on any altcoins according to major events and follow CoinMarketCal to get updates of upcoming events. BTW, don't hodl any altcoins for longer period of time as most of those are shitcoins. So, best way to make profits by taking entry according to events and take profits before 1 weeks of that events. Thought TA (Technical Analysis) is needed to select proper buy zone of any altcoins.

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March 28, 2021, 07:35:36 PM
 #6

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?
If you know cryptocurrency from your friends, then you are very lucky because you can learn a lot from him. But if you know cryptocurrency from google or social media, better not invest right away, because investing in cryptocurrency are not as easy as you think. Before you invest, Try to learn more about cryptocurrency, so that you don't get caught in it, for more complete information, you can see here

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March 28, 2021, 09:05:41 PM
 #7

Binance Academy.

https://academy.binance.com/en/glossary/altcoin

And before you invest, know how much you'll be investing, and don't just throw your money into an altcoin that has been told to you that's being said as a good altcoin.

You're on the good track by doing the first step of researching.

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March 28, 2021, 09:25:11 PM
 #8

Check the coinmarketcap just like two to three people are suggesting above. Then find some altcoin at the top 50 or 100, look at their historical data, check their white paper, check the people behind this project and it's latest developments. So, you won't fall investing to a shitcoin.
I guess these will be enough resources to differentiate the top altcoins in the market.

R


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March 28, 2021, 09:27:13 PM
 #9

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

Well welcome to the fun but there is not just any one stop shop.  What I can tell you is to diversify your readings.  Make sure before you buy into something exhaust all media outlets as you can (here, redit, twitter, medium articles, and lots of google).  If you read one article and get sold it can very much be biased so be careful.  And again welcome to the show enjoy your time here Smiley

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March 28, 2021, 09:37:39 PM
 #10

Your post does not simplify what you mean by significance. There are different altcoins really but significance is what seem not clear but I'm sure you can trace your self to cmc. If you check cmc, there are numbers that got some top positions in the list and I think they are more significant to the lesser price coin this is the reason for their different prices.  Their uses are far different from each other.
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March 28, 2021, 09:49:19 PM
 #11

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?
There’s a lot of resources online where you can learn about cryptocurrency, its easy to search for what you’re looking for but if you know someone who are already into cryptocurrency much better to ask for a help so you wont get lost and overwhelmed with too much information about cryptocurrency. I started to learn crypto on youtube and in this forum, just keep exploring this forum and you’ll be good.
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March 28, 2021, 09:59:32 PM
 #12

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

Just go with the basic and if you are really that serious on knowing the utility or usefulness of such coin or project then you can always read up their ANN thread.
If you do wish to go further then you can read up their Whitepaper and Roadmap.You can easily picture out or know on whats the project is all about.
Making out comparison on other projects as well.

Significance? This is where you should really be aware off because in all of the altcoins in the market then most of them are just redundant to each other.

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March 29, 2021, 05:13:30 AM
 #13

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

You can easily find it on the Coinmarketcap website, there you can see and be able to choose your investment. I think you can try investing with several different altcoins, but these altcoins have a good value and potential to invest in. therefore you can access Coinmarketcap and can be learned. I think Coinmarketcap is a good solution for traders in investing.

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March 29, 2021, 05:49:12 AM
 #14

Usually, every crypto information exchange or a website such as CoinMarketCap and Blockfolio has the information you need.
you have good wishes. You are better off learning and learning about the crypto and altcoin markets before you finally invest in them.
You will become a professional when you are familiar with and know the knowledge in trading and investing. stay patient, and you will get what you are looking for.









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March 29, 2021, 12:40:39 PM
 #15

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

I advise you to take some time and read things that post in the altcoin section, that includes reading the ANN Thread of the altcoin, for example imagine that you want to know about Litecoin? what I would recommend would be to go to coinmarketcap, searches for Litecoin (LTC) and then look for the community, see an example here:

https://coinmarketcap.com/currencies/litecoin/



with that you can read altcoin's ANN Thread here on bitcointalk, you can have more information on altcoin's twitter and reddit and you'll be able to get a lot of knowledge about any altcoin

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March 29, 2021, 01:28:34 PM
 #16

Hey Guys, im still very new to crypto.  is there a resource to learn about the significance of different altcoins before investing?

I advise you to take some time and read things that post in the altcoin section, that includes reading the ANN Thread of the altcoin, for example imagine that you want to know about Litecoin? what I would recommend would be to go to coinmarketcap, searches for Litecoin (LTC) and then look for the community, see an example here:

https://coinmarketcap.com/currencies/litecoin/

with that you can read altcoin's ANN Thread here on bitcointalk, you can have more information on altcoin's twitter and reddit and you'll be able to get a lot of knowledge about any altcoin


I agree with you. There are many places where you can learn a lot of different information about the coins.

In my opinion, the main thing is to research the various aspects of your chosen coin before investing. I mean don't just look at the current market performance or the whitepaper of the coin. It is also good to make a research about the purpose of the project, whether there is potential in it, to research the team behind this project and all the other things that are related to the coin and the future increase in its price.
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March 29, 2021, 01:42:11 PM
 #17

Since you are new in this field, this article will help you decide which altcoins you should choose to invest in;

- Good Altcoins to Invest

It provides feedback which also helps you how to start off with your trading. There are different objectives of each coins, choose what really fits your choices that you think it will have a good use and impact in the long run.
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March 29, 2021, 01:45:21 PM
 #18

with release of news from developer and market, investors might wants to appeals with use of customs of different indication on measure, that more to gives with decision of order as purchasing token to hold with the account and takes advantage with the difference on distance.

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March 29, 2021, 01:53:53 PM
 #19

Since you are new in this field, this article will help you decide which altcoins you should choose to invest in;

- Good Altcoins to Invest

It provides feedback which also helps you how to start off with your trading. There are different objectives of each coins, choose what really fits your choices that you think it will have a good use and impact in the long run.
That's a great source of knowledge about the altcoins projects, and this is also a good suggestion to look for what's best for you and since OP is just a newbie, you can just compare all the reviews here and put on list the projects you are rooting for. Newbies have to do the same thing before investing, OP is on a right track and if you're serious enough, you can see many good altcoins to invest for not just because of the hype but simply because they are the best project right now in the market, and they offer a good service as well.
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March 29, 2021, 02:34:53 PM
 #20

Since you are new in this field, this article will help you decide which altcoins you should choose to invest in;

- Good Altcoins to Invest

It provides feedback which also helps you how to start off with your trading. There are different objectives of each coins, choose what really fits your choices that you think it will have a good use and impact in the long run.
That's a great source of knowledge about the altcoins projects, and this is also a good suggestion to look for what's best for you and since OP is just a newbie, you can just compare all the reviews here and put on list the projects you are rooting for. Newbies have to do the same thing before investing, OP is on a right track and if you're serious enough, you can see many good altcoins to invest for not just because of the hype but simply because they are the best project right now in the market, and they offer a good service as well.
That will surely help to those who just new in cryptocurrency. It's not easy to join in crypto, it needs full knowledge because there are may things you need to learn such as the process, what coins to invest, how it works, how much is the value, how to trade and many more. The above suggestion is really a great help for you to choose the best Altcoins to invest and it's significance.


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