Post
Topic
Board Altcoin Discussion
Re: What I do before buying an altcoin!
by
merle
on 27/07/2018, 08:48:37 UTC
So I thoght this could be of help for some that also in search so they will also be inspired .. maybe they could also ad stuff arround here that could be of help!

Research it takes a few days/weeks so if u're in this fase take your time.

1.Forum search about the coin;
2.Join the telegram group and try to interact with the members;
3.Try to make a post on the forum and also see the crowd sentiment;
4.See some data on coinmarketcap.com , : https://icodrops.com/ , https://icorating.com/
5.Watch this tool from investing.com - find here the explination: https://bitcointalk.org/index.php?topic=2873063.msg29503403#msg29503403
**LATER EDIT:
6. Team - research moust of the members on linkedin and google , also the backers or advisors.

Doing this can be of help to get a sense of a really good buy... at least this is what  I do.

What are your thoughts ? How do you do it??

Cheers!

Those are some good points to consider when going to pick the altcoin to buy. Additionally, let's analyze deeper the token supply and volume in the market. It will help us to know whether the coins are more valuable or not. Analyze also the concept of the coins so that we will know in the future, the coin will survive or not, will be still utilized or not.