Viewing a response to: @charles1/re-alinhimself-re-charles1-why-the-broke-and-rich-need-steemit-and-other-cryptocurrencies-bitshares-eos-elyte-io-20180205t171517925z
My thought is "buy quality cryptos and be patient" Here is what I look for: 1 – look for a strong team with experience 2 – are they planning to or in the process of solving a real-world problem 3 – is the project transparent, accountable and active 4 – is there a clear understandable and on point whitepaper 5 – do they have a road map and are they following it 6 – are milestones set and achieved 7 – have they been accepted by large and reputable exchanges 8 – have they made partners in the business arena or are they actively pursuing same 9 – is their token truly needed for their project and not just a funding venue 10 – are they compliant and looking to be compliant and avoid legal troubles 11 – is there a large enough market for the project to be viable long term 12 – use critical thinking and look to find obstacles against their success 13 – is there energy, excitement and marketing effort being put forth and not just hype 14 – is there enough community support for the project to have it reach critical mass 15 – is the financing model flawed (such as pre-mined and mostly centralized, and/or highly inflationary)
author | appone |
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permlink | re-charles1-re-alinhimself-re-charles1-why-the-broke-and-rich-need-steemit-and-other-cryptocurrencies-bitshares-eos-elyte-io-20180205t180418982z |
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And which would be those quality cryptos at the moment? Just curious on your thoughts?
author | alinhimself |
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permlink | re-appone-re-charles1-re-alinhimself-re-charles1-why-the-broke-and-rich-need-steemit-and-other-cryptocurrencies-bitshares-eos-elyte-io-20180205t180735252z |
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There are several that have the qualities described. The fact that they are tanking at the moment does not change the fundamentals. A few examples are Etherium, Stellar, Icon, Cardano and NEO.
author | appone |
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permlink | re-alinhimself-re-appone-re-charles1-re-alinhimself-re-charles1-why-the-broke-and-rich-need-steemit-and-other-cryptocurrencies-bitshares-eos-elyte-io-20180205t204247405z |
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I agree with you, tough I have to document more on Icon. I would also add EOS.
author | alinhimself |
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permlink | re-appone-re-alinhimself-re-appone-re-charles1-re-alinhimself-re-charles1-why-the-broke-and-rich-need-steemit-and-other-cryptocurrencies-bitshares-eos-elyte-io-20180205t213643689z |
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