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Topic: Different categories of coins and tokens - Invest Wisely - page 4. (Read 1871 times)

newbie
Activity: 242
Merit: 0
it is really good way to put different categories of coins. I am always divided it into three categories,it will helpful to take best decision about investment.
newbie
Activity: 77
Merit: 0
you are right, if anyone want to make more profit they should follow your guide. it is really good way to put different categories of coins. I am always divided it into three categories.
newbie
Activity: 69
Merit: 0
I think there are several way that you put different category of coins. I try to divided it into three category. I have all type of coin from each category. There are one more token in this segment.  As roger ver involve here I am sure it will make some change.
newbie
Activity: 44
Merit: 0
Thanks for the information you've put on this article. It is a great move to differentiate the coins and tokens into groups. I think people will now get help from this.
newbie
Activity: 146
Merit: 0
That’s a great article about cryptocurrencies and their groups. Thanks for classifying these currencies and tokens into groups. Now people can differentiate and compare between two platform.
newbie
Activity: 196
Merit: 0
Try not to succumb to publicity or a very much outlined site when picking the best ICO to put resources into. Pay special mind to warnings, be steady and mindful of the patterns in the market.
newbie
Activity: 196
Merit: 0
Beginning Coin Offering - ICO for short - is another approach to gather pledges. For instance, in 2017 ICOs raised more than 6 billion USD and this figure will undoubtedly develop at exponential rates.
newbie
Activity: 84
Merit: 0
There are innumerable individuals who lost their cash by putting resources into ICOs without performing due tirelessness first. That is on account of a decent advertising effort or underwriting by YouTube specialists aren't signifiers of an incredible ICO.
newbie
Activity: 54
Merit: 0
You really did a good work fella. This is worth a nice classification which will make things easy for the newbies to decide to see this discussion. I always prefer payment coins, platform coins and exchange coins, as you described Cheesy .
newbie
Activity: 84
Merit: 0
I have already categorized also by usage of the crypto coins and tokens. But it was not this much rich. The category you have made will be so helpful for me as well for the investors those who invest in the crypto market.
jr. member
Activity: 140
Merit: 1
This social networking coins might add a little more for the newbies and the people who come without any money in the crypto space. Though, these bounties mostly turn as scam projects.
newbie
Activity: 78
Merit: 0
Most of the people did not know about this properly and faced a lot of problems. I appreciate you for making such classifications of each and every coins and token that are needed for people to invest
newbie
Activity: 38
Merit: 0
It’s really great that you made this type of category. Nicely categorized each and every token and coins. Now people will understand properly about the usage of crypto coins and can use this knowledge in investing.
newbie
Activity: 56
Merit: 0
Thanks for sharing this informative post. It’s really helpful to understand about coins. I appreciate you for the way you explain the category of coins. Really a good research it is.
jr. member
Activity: 143
Merit: 1
Not bad, I'll take the first point. I share the opinion about these coins. me sympathizes with NANO, think in the future this coin still will show a good growth. But your selection is good
newbie
Activity: 46
Merit: 0
Your strategy of investment and adding fiats in the market seems quite cool to me. I think it may help you to maximize profits. I hope everyone will build up a perfect strategy for themselves.
newbie
Activity: 232
Merit: 0
Nice observations and classifications. I think everyone should do the same so that they can make right decisions about particular coins. Otherwise these can be real complex to take decision.
member
Activity: 181
Merit: 13
Of course, for analysis it is sometimes useful to classify assets by sector. It is practiced in the stock market. Crypto is still very speculative, i see no reason in the coin classification. I have just such a classification: a good coin and shitcoin Grin.

Or you can just classify them as Bitcoin and Altcoin  Grin Tongue
In the end we are all here to make some profit, today for newbies it's really difficult to start investing because of the so many tokens presence. If I would have started investing in crypto space, there were only 40+ projects or so, and I could have picked 3-4 from them, but now it's more than 1500 coins and 3-4 coins getting added daily is really troublesome for everyone.

If you will go let's say fastfood or restaurant would you feel excited to eat or thrilled if you only have few in the menu? Same goes with crypto I agree there are too many coins in the market and it is very hard to choose on where to invest and by the end of the day we have to choose what to eat and its either we absorb it (profit) or just digest and poop it (lose).

Exactly, couldn't have explained it better than you did just now, can I use these lines of profit/loss in original thread itself?   Smiley
And as far as picking coins/project goes, I think new investors try to pick a new or low value coin and expect to get 30-40x returns in 1-2 years. It's all about doing research and reducing the risks of not picking bad projects. And as far as ICO goes, I have only invested in one ICO (http://tv-two.com) till now after doing thorough research about the team and if that project is really needed or not.
member
Activity: 181
Merit: 13
I think you should add another category of "Real World" coins ie ones that are being used to support real products that we could use in our daily lives so they are utilising blockchain and adapting it for current business models. WPR, TFD and SHR would fit into this category

I am about to put some coins under traditional business replacements coins, but "Real World Coins" could be altogether a different category. I know about WPR and have done some research on it. I'll check on TFD and SHR too. Thanks for letting me know about them and a different category  Smiley
full member
Activity: 1176
Merit: 104
Of course, for analysis it is sometimes useful to classify assets by sector. It is practiced in the stock market. Crypto is still very speculative, i see no reason in the coin classification. I have just such a classification: a good coin and shitcoin Grin.

Or you can just classify them as Bitcoin and Altcoin  Grin Tongue
In the end we are all here to make some profit, today for newbies it's really difficult to start investing because of the so many tokens presence. If I would have started investing in crypto space, there were only 40+ projects or so, and I could have picked 3-4 from them, but now it's more than 1500 coins and 3-4 coins getting added daily is really troublesome for everyone.

If you will go let's say fastfood or restaurant would you feel excited to eat or thrilled if you only have few in the menu? Same goes with crypto I agree there are too many coins in the market and it is very hard to choose on where to invest and by the end of the day we have to choose what to eat and its either we absorb it (profit) or just digest and poop it (lose).
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