Basic information to know the potential of a coin

harizen

legendary

Activity: 3122

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Quote from: 13abyknight on March 15, 2018, 05:17:56 AM

There are a lot of accountable factors determining the potential of a ICO/token. Beginning with the developers involved with the project and their backgrounds, how much they plan to raise (soft and hard caps technically), allocation of funds and most importantly, what the project brings to the world i.e its roadmap and progress throughout the years of its existence.

Your mentioned ways should be:

a) About the developers, there are projects who has a transparent team but sometimes they are using fake names. In that way a shitty project will not be questioned. Try to research the involved persons behind those project.

b) Roadmap is always good no matter what. Shitty project can do wonderful roadmaps so in here, they can deceived their investors. In here, try to research everything about the inside stuff of the project using all resources avaiable at the web as much as possible. A good roadmap and whitepaper can't really be a main basis for good project as sometimes all listed there are joke and will not execute at the given time.

13abyknight

sr. member

Activity: 602

Merit: 252

There are a lot of accountable factors determining the potential of a ICO/token. Beginning with the developers involved with the project and their backgrounds, how much they plan to raise (soft and hard caps technically), allocation of funds and most importantly, what the project brings to the world i.e its roadmap and progress throughout the years of its existence.

TheAncient

newbie

Activity: 27

Merit: 1

Thanks for everyone's contribution. It gives me some insights to begin my journey with some helpful information to gather more and be guidelines for more insights to feed my eagerness and interest.

gatti

full member

Activity: 382

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This forum itself quite enough to get more knowledge about crypto currency.When the crash in price of any crypto currency,we will get updated news in this forum.Even new coin introduced in crypto currency,we will get updated news.

Apened

hero member

Activity: 1386

Merit: 504

Quote from: TheAncient on March 12, 2018, 05:08:20 AM

I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.

Not the basic information so the main purpose of it is looking more deeply into the particular parts of a coin and apply it in. The future and conditions to consider if it can be done or not. Technology is keep on being innovative over year so you must think advanced like what they are trying to achieve.

Clark05

sr. member

Activity: 1274

Merit: 263

Making a research know what is the coin who have potential. But here's the tip of how you will see that. I read the comments of the coin if it's negative or positive. The decision must be yours too because we know we have different opinions. Maybe your potential coin is not for me and my potentiam coin is not potential coin for you. So better to choose altcoin that you know gives high profit.

CryptoWorld87

full member

Activity: 406

Merit: 100

kingcasino.io

You can check some ico tracker if this coin is just a starting or you can also search in google about blog review there also try to look in video in youtube there are so many ways to learn the basic of the coins.

V-t.Ester

member

Activity: 532

Merit: 25

The easiest way to find, what coins are the most promising, is to watch top coins on coinmarketcap or livecoinwatch. Then read about them in Internet, bitcointalk, find some news etc.

Xardasim

sr. member

Activity: 1624

Merit: 250

If you are new, do not jump to everything. When you get any coin, you have to research it fully, read its whitepaper, look at what other people think about it and you should not be emotional. As the most beneficial site, www.bitcointalk.org itself is the most beneficial site and you can also try www.cointelegraph.com.

Bdstar

sr. member

Activity: 728

Merit: 263

Quote from: TheAncient on March 12, 2018, 05:08:20 AM

I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.

To recognize a good ICO we can follow some steps, such as...
At first, we have to know clearly about the whitepaper. In this paper, most of the mission and vision should be stated clearly. Not only that but also every terms and condition also should be mentioned in here.
Secondly, the Developer team plays a vital role to identify where good or not. Thirdly, the Roadmap also contains a much better information regarding this issue. And finally, ICO rating is the major thing to declare an ICO either potential or not.

zokilnmet

member

Activity: 210

Merit: 10

The cryptocurrency analysis concepts that every altcoin investor should be familiar with are Total Supply, Circulating Supply, Coin Price, Market Capitalization (popularly known as Market Cap), and Coin Price. Researching these will give you a better, but not always clearer, understanding of what is happening with the market.

AIRDROPSQUAD

member

Activity: 252

Merit: 11

PLAYHALL - SKILL GAMING PLATFORM

These days, searching for good coins are not easy. Reading their whitepaper is not enough. They can copy paste the whitepaper from another project, like TRON case https://hackernoon.com/trons-whitepaper-is-copied-plagiarized-cefce74335ce

Personally, when I choose good coin for my investment, I usually see their technology. Try the demo and analyze it the results. If the result is according to my expectations, then its time to invest in that coin.

nl247

full member

Activity: 518

Merit: 145

Quote from: Ctn on March 12, 2018, 05:33:45 AM

Quote from: TheAncient on March 12, 2018, 05:08:20 AM

I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.

The first source to know about any coin in deep is nothing but the white paper of that project. You can find white paper on the projects website and learn through the deepest learnings. Moreover roadmap should be considered while checking out the details of project. That one is important to give you detailed information regarding launch dates.

This information is sufficient for you to get started. However if you want to get yourself more involved then you can checkout announcement thread and important links provided in that thread.

If you concentrate on the whitepaper than the achievement of the team or the product that is available to back up the coin or token, then you are going to end up being busy investing in empty promises which may result to you bag holding shit coins.

The fact is that a lot of those coins in the market right now are just choking up the cryptocurrency space with no added value, and that is not what you want to be looking out for.

KalaiBTC

full member

Activity: 448

Merit: 102

Quote from: TheAncient on March 12, 2018, 05:08:20 AM

I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.

Brother first of all ask yourself whether you are ready to welcome profits and losses with same zeal and spirit. Either win or lose, that wouldn’t be matter to you at all. You must keep this in your mind throughout the tenure and that will help you to make better progress. Whenever you encounter with some loss, remind this and plan accordingly because every loss have some amazing lessons.

orions.belt19

full member

Activity: 700

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Quote from: gribble on March 12, 2018, 11:08:28 PM

Quote from: orions.belt19 on March 12, 2018, 11:45:18 AM

Quote from: gribble on March 12, 2018, 07:29:57 AM

Quote from: TheAncient on March 12, 2018, 05:08:20 AM

I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.

Well you must read more about the cryptos currencies news from cointelegraph , coindesk , newsbtc altcoinstoday , and any other related with cryptos coins news include bitcointalk. That's important things to be known by you to getting more information about it, the other source of information about the data of cryptocurrencies you can check on here https://coinmarketcap.com/ it is good website to know more about the data especially capitalization of marketcap.

I'd like to add https://coincheckup.com/ it's a crypto research platform and a website similar to coinmarketcap.com but has mor in-depth discussion and information. It has a coin screener category which filters the various coins based on fundamental and technical criteria. If you plan to start on trading, this tool would really help you. It has various categories which allows you to see the coins based on smart contracts, real world assets, privacy and many more.

We can give you numerous tips and helpful sites but it would be up to you to utilize this information. I wish you good luck on your quest of learning more about cryptocurrency.

Thank for your source of information on the website, it helps for me and i think for every people too, and i have found another website of digital coins too to find more about the data, it is like coinmarketcap and coincheckup.com too, it is https://www.livecoinwatch.com/
I don't know which are the best but there are no wrong if we have many source of information about the digital coins.

Since there are many sources of information on digital coins, you could have a comparison of the data found in the several websites so that you can avoid any biases. By doing so, you would also be able to verify the information. Also, it would be best to determine which site would be suitable for you based on your needs or areas of interest. One source of information or site may offer information which one does not, and having vast sources would help fill out the gaps.

richminded

sr. member

Activity: 798

Merit: 268

Quote from: Andrey123 on March 12, 2018, 11:29:17 PM

It is necessary to study all the information that you will meet.
Already there are many websites about crypto-currencies.
Even the schoolboy wrote a book about it.

And we must understand what exactly you want to get and move in this direction!

Reviewing the project is a must before you invest because its for your own safety and to prevent any losses. Spend much on studying the coin you want to invest, because not all coins are worth investing buying for and some of them are just a waste of time and money. Read, read, read is the best thing that you can do with this.

clarkt

full member

Activity: 658

Merit: 100

First, you need to understand what Bitcoin is, what it represents and how it works. You need to know the ideology behind bitcoin and the technology that make bitcoin superior to any asset or any form of payment that exist today! Having understood all of these you can then start to invest and trade profitably.

mustafizur8400

newbie

Activity: 86

Merit: 0

From my past experience I have realized that if anyone spend enough time and go through white paper in details and find out the uses of the project in our life, they will be able to anticipate the future prospect of the project. Even though the success or failure of a project depend up to greater extent on the initial response of people and effectiveness of ICO.

Andrey123

sr. member

Activity: 1778

Merit: 305

It is necessary to study all the information that you will meet.
Already there are many websites about crypto-currencies.
Even the schoolboy wrote a book about it.

And we must understand what exactly you want to get and move in this direction!

gribble

hero member

Activity: 966

Merit: 552

Quote from: orions.belt19 on March 12, 2018, 11:45:18 AM

Quote from: gribble on March 12, 2018, 07:29:57 AM

Quote from: TheAncient on March 12, 2018, 05:08:20 AM

I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.

Well you must read more about the cryptos currencies news from cointelegraph , coindesk , newsbtc altcoinstoday , and any other related with cryptos coins news include bitcointalk. That's important things to be known by you to getting more information about it, the other source of information about the data of cryptocurrencies you can check on here https://coinmarketcap.com/ it is good website to know more about the data especially capitalization of marketcap.

I'd like to add https://coincheckup.com/ it's a crypto research platform and a website similar to coinmarketcap.com but has mor in-depth discussion and information. It has a coin screener category which filters the various coins based on fundamental and technical criteria. If you plan to start on trading, this tool would really help you. It has various categories which allows you to see the coins based on smart contracts, real world assets, privacy and many more.

We can give you numerous tips and helpful sites but it would be up to you to utilize this information. I wish you good luck on your quest of learning more about cryptocurrency.

Thank for your source of information on the website, it helps for me and i think for every people too, and i have found another website of digital coins too to find more about the data, it is like coinmarketcap and coincheckup.com too, it is https://www.livecoinwatch.com/
I don't know which are the best but there are no wrong if we have many source of information about the digital coins.

Topic: Basic information to know the potential of a coin (Read 329 times)