Bitcoin Forum
June 19, 2024, 04:42:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to invest in altcoins without losing everything  (Read 991 times)
killera124 (OP)
Full Member
***
Offline Offline

Activity: 155
Merit: 100


View Profile
October 21, 2014, 01:59:26 PM
 #1

Cryptocurrency world looks like a New York’s exchange in old movies. A giant room filled with screaming people. Even experienced users who are involved with crypto long enough find it hard to navigate through all this information. Pretty much any new cryptocurrency can be a time bomb - there is no way to predict its exchange rate or find out how committed its developers are, let alone figuring out if there are any backdoors in the code.

So the question is: is it worth investing your resources in these cryptocurrencies?

Miners and traders are the primary players on this oversaturated market and in most cases also are the early adopters and the first missioners of a currency. They create buzz about the cryptocurrency which leads to increase of its hashrate and exchange rate. Miners and traders have vested interest in popularization of the currency therefore spreading the word and attracting new users for them is crucial.     

------------------------------------------------------------------------


Great article by Cointelegraph,here's the rest of it: http://cointelegraph.com/news/112738/how-to-invest-in-altcoins-without-losing-everything
HeroCat
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
October 21, 2014, 05:49:23 PM
 #2

Well -in shortly speaking yes, you can invest and get some profit  Grin PM me, if more interested
cassius69
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
October 21, 2014, 05:50:25 PM
 #3

no, dont invest in this crap.

Bansheroom
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
October 21, 2014, 06:24:51 PM
 #4

Invest and keep, so you ever have something and can never loose all  Roll Eyes

Always get cryptonews, free bitcoins, free altcoins and free mining opportunities: follow @Bansheroom on Twitter
5000Bitcoins
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
October 21, 2014, 06:32:36 PM
 #5

Judging by how most alts turn out I'd say the vast majority of altcoin traders would be better off just sitting on their bitcoins
Conqueror
Legendary
*
Offline Offline

Activity: 1354
Merit: 1020


I was diagnosed with brain parasite


View Profile
October 21, 2014, 09:02:05 PM
 #6

It is very simple. Buy Ftc today and hold  Wink.
Momimaus
Hero Member
*****
Offline Offline

Activity: 767
Merit: 500

Never back down !!!


View Profile
October 21, 2014, 09:06:57 PM
 #7

Cryptocurrency world looks like a New York’s exchange in old movies. A giant room filled with screaming people. Even experienced users who are involved with crypto long enough find it hard to navigate through all this information. Pretty much any new cryptocurrency can be a time bomb - there is no way to predict its exchange rate or find out how committed its developers are, let alone figuring out if there are any backdoors in the code.

So the question is: is it worth investing your resources in these cryptocurrencies?

Miners and traders are the primary players on this oversaturated market and in most cases also are the early adopters and the first missioners of a currency. They create buzz about the cryptocurrency which leads to increase of its hashrate and exchange rate. Miners and traders have vested interest in popularization of the currency therefore spreading the word and attracting new users for them is crucial.     

------------------------------------------------------------------------


Great article by Cointelegraph,here's the rest of it: http://cointelegraph.com/news/112738/how-to-invest-in-altcoins-without-losing-everything

First problem you are talking about POW coins which won´t have afuture anyway.

Second, don´t look for this new coins and buzz and stuff. Look for promising project which won´t dissapear in a few weeks.

f.e. NXT



CoinTracking.info - Your personal Profit / Loss Portfolio Monitor and Tax Tool for all Digital Coins
CoinTracking is analyzing all your trades and generates in real time tons of useful information such as the profit / loss of your trades, your balances, realized and unrealized gains, reports for tax declaration and many more. For Bitcoin and over 3000 altcoins, assets and commodities.
Get 10% discount for all packages or create your own affiliate link to get 20% for every sale.
Come-In-Behind
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
October 21, 2014, 09:58:43 PM
 #8

The trick is to invest early/when the price is stagnant or going down. Most idiots don't and always end up losing. Invest early and when a alt coin has an announcement for upcoming features, and try to make a educated guess on what the top will be during the price rise.
minairia3
Sr. Member
****
Offline Offline

Activity: 1512
Merit: 326


casinosblockchain.io


View Profile
October 21, 2014, 11:24:49 PM
 #9

Have a look at Pandacoin's thread, make up your mind.  I'm not into hype or BS like that; the project speaks for itself. They have the only Bitcointalk thread I've seen that actually has useful information to help investors decide if they want to invest or not.

Low price, decent volume, real community, good steadydev  team.  Not a Ferrari, more like an old well maintained Honda but this is the only crypto where I've seen a constant (albeit slow) increase in value over months. 

https://bitcointalk.org/index.php?topic=568529.7060

1echo
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250

scams hunter!


View Profile
October 22, 2014, 03:46:43 AM
 #10

ive invested in EXCL so to not loose - i promote it Cheesy

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!