Bitcoin Garden Forum

Cryptocurrencies => Crypto Discussion => Topic started by: secco on May 26, 2019, 01:09:48 PM

Title: How to Research Cryptocurrency?
Post by: secco on May 26, 2019, 01:09:48 PM
Bitcoin Garden: How to Research Cryptocurrency?
https://bitcoingarden.org/how-to-research-cryptocurrency/

The cryptocurrency market is very popular and attention-grabbing nowadays. There is a wide range of cryptocurrencies, from the well known, like Bitcoin or Ethereum, to less famous new ones. More than 2100 kinds of those exist on the virtual market, and each of them has its own purpose and niche. Many people, including experienced experts, are sure that the financial future lies in cryptocurrencies.

But as attractive as they seem, they are also very volatile and have many pitfalls. The newcomer in this field has to be very cautious, and before making any investment should thoroughly analyze all coins by certain criteria, as misunderstanding of the assets you want to buy may lead to the loss of the invested funds. As Warren Buffet, a well-known American businessman and investor said, ďnever invest in what you donít understand.Ē

The first and one of the most important steps, along with tokens, is reading and learning the official informational document, called white paper. It gives the full technological information about a specific cryptocurrency, tells you how the token will be used, reveals its economic model, and other details which can help you understand if it is something unique that is worth investing in. In the white paper you can also find which kind of a problem the designers try to solve, the coinís aim, and if the real coin is needed or the platform itself is sufficient.

If the researched cryptocurrency has a roadmap, you can see the timeline of the project and estimate its implementation period. The longer it is, the more stable the price of the currency will be in the short term. Many stages in a short amount of time lead to changes in the price. Thatís why if you read that the company plans many deadlines in the near future, this is a good moment to buy the coins. Learning the roadmap also provides other useful knowledge ó if the developers are seriously working on their project and fulfill all their plans and promises....

Title: Re: How to Research Cryptocurrency?
Post by: Zen10 on May 26, 2019, 01:36:43 PM
This is quite informative.

I like the part on "never invest in what you do not understand". Many of us who entered crypto are not even familiar with how blockchain works, or even the very basic things of setting up a wallet, or learning about security.
Title: Re: How to Research Cryptocurrency?
Post by: rituvohra01 on June 03, 2019, 06:17:23 PM
Very good informative  topic. The main highlight and effective line of this topic is "never invest in what you do not understand." I really appreciated these words.
Title: Re: How to Research Cryptocurrency?
Post by: Lore on June 04, 2019, 08:00:09 AM
thanks for sharing, it's really important topic.
Title: Re: How to Research Cryptocurrency?
Post by: Obiwankenodium on June 04, 2019, 11:25:52 AM
Websites like coinmarketcal van help a lot of you are looking for information about cryptocurrency token events.
Title: Re: How to Research Cryptocurrency?
Post by: Synvc on June 04, 2019, 11:37:20 AM
Very useful and useful for anyone who is serious about crypto
Title: Re: How to Research Cryptocurrency?
Post by: tsakf on June 04, 2019, 12:24:14 PM
This is a good essay. Quite informative. I like it very much!
Title: Re: How to Research Cryptocurrency?
Post by: Pelanavreo on June 05, 2019, 05:55:08 PM
You are right when new projects issue whitepapers and road maps, they have ideas and products they want to create and they will offer investors.
ideas and products are my main concern, I have seen many projects with the same idea, almost 1,000 altcoins and this is an important choice for new investors.
The experience of doing research by seeing team members and understanding the products they make for the long term is a good solution.
I like new coins with new products that always combine crypto for every idea from developers who want to advance the industry in the crypto world
Title: Re: How to Research Cryptocurrency?
Post by: ronmonterde on June 06, 2019, 02:57:25 AM
I found this infographic from NOAHCOIn about The Crypto Dictionary really informative as well for newbies and starters. The list down terminologies so you'll not get lost in the world of crypto. https://noahcoin.org/blog/crypto-dictionary/ (https://noahcoin.org/blog/crypto-dictionary/)
Title: Re: How to Research Cryptocurrency?
Post by: jenica on June 06, 2019, 03:49:15 PM
Indeed for beginners it is very difficult to analyze a coin for them to invest in crypto. They are only ambitious about making a profit without knowing what the real goal is, so that many beginners lose their assets. If it's really still a beginner, it's better to choose a coin that is actually more than 2 years old, because it will be a little safeti
Title: Re: How to Research Cryptocurrency?
Post by: 717 on June 06, 2019, 06:33:22 PM
In investing, we must learn what is contained in the white paper, because that is the core of the project. While for beginners do not understand white paper.
Title: Re: How to Research Cryptocurrency?
Post by: Heleon on June 15, 2019, 04:37:47 AM
Thanks for your post. It is very important to have the understanding of what we want to invest in so that we know how to go about it and we also know what await us.
Title: Re: How to Research Cryptocurrency?
Post by: Swiss on June 15, 2019, 09:44:52 AM
I think it will also be difficult to research Krypto prices every day, if we want to invest in Krypto, we also have to be smart and do a lot of research, so I think it will also be better to benefit
Title: Re: How to Research Cryptocurrency?
Post by: Mpxs on June 15, 2019, 10:33:36 AM
Thank you this very useful and good topic, so we can also understand what we are aiming to invest in krypto
Title: Re: How to Research Cryptocurrency?
Post by: GeorgeFowell on June 15, 2019, 01:33:18 PM
Hi, this is George from Australia. I think you should refer for  Investing in Cryptocurrency  and Bitcoin Gold News @  https://www.theindiansun.com.au/coinside (https://www.theindiansun.com.au/coinside)

 
Title: Re: How to Research Cryptocurrency?
Post by: Redix on June 15, 2019, 10:40:41 PM
~snip~

What response is this? I think you are a little out of topic, bro. The topic above is talking about the research before you decide to invest in a project. While you are offering something. I think it is better to read deeply before you make a reply. Or your intention is to make a spam post?  ???
Title: Re: How to Research Cryptocurrency?
Post by: Ghanda on June 25, 2019, 01:36:29 AM
Many people are joining in looking for bitcoin and exist in cryptocurrency world are because the selling price is very expensive ...
They only think about being able to change their economy ...
But they should eventually understand what cryptocurrency is, because it often wrestles in the crypto world ...
Title: Re: How to Research Cryptocurrency?
Post by: Murphy on June 25, 2019, 09:08:26 PM
I think this is pretty informative stuff I want to include something, I think before investing in any currency it is very important to do research on it and the internet is full of information we can visit some good forums and blogs to get information about any project and along with that it is also important to take a look at the development team before choosing a project for investment.
Title: Re: How to Research Cryptocurrency?
Post by: dancoiner on June 26, 2019, 02:44:49 PM
I read crypto news on CoinDesk and it's okay for me.