Good coin and token recognition | Bitcointalksearch.org

beerlover

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Quote from: lixer on January 14, 2025, 03:51:55 PM

I thought they are worth it? Then why still have a doubt or say that they still can't guarantee us a profit? Anyway, coins that you list are popular and they are still among the profitable list despite some of them are not getting enough attention or have some anomalies. I only want to say that not all old coins like them are profitable and then some new coins are also legit and can do well more than them.

I don't see anything wrong about the metrics the OP provides. All are responsible anyway for the growth of the token or coin. For Dogecoin, it is indeed it was the community that is noticeable the most but that then contributes to the others.

I would say Tron isn't looking that great, since the founder also left, Tron doesn't look great at all, he tried to get famous again by buying that "taped on a wall banana" art thingy as well, but like all other attempts, he is not getting more famous and Tron isn't looking good. Doge is also a memecoin, so if you are interested in memecoins then doge is the best one out there and to be fair only one I would suggest to anyone who wants to invest into any memecoin, but to some people like me we avoid memecoins, even if it means doge.

The other two are of course good ones, both ETH and ADA looks to be strong cases for the future and could make a lot of money. There isn't any easy way to make money in the crypto world, but those two are pretty solid.

bastian466

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Quote from: hack3rcon on January 10, 2025, 11:13:15 AM

Hello,
How do we determine if a coin or token is suitable for investment? For example, trading volume, total supply, number of holders, etc.
Please be very brief.

Thank you.

Yes, all the things you mentioned are necessary, but I often do this to make it easier and reduce the risk in making long-term investments, most commonly known as the term bears and bulls season. I always choose the top 10 or 5 coins on coinmarketcap and most importantly choose altcoins that follow the price movement of bitcoin

lixer

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Quote from: ? on January 10, 2025, 04:22:05 PM

I'm a new user here. Allow me to provide the insights I have so far in the crypto space.

If your question refers to coins or tokens that are worth investing in, then the answer is only 1, namely coins or tokens that have been in this industry for a long time. It could be Ethereum, Dogecoin, Cardano or Tron. But that doesn't guarantee that you will make a profit from the coins or tokens.

I agree with @OmegaStarScream that the metrics you provide are meaningless, a coin or token will go up in price if the community wants it to go up.

I thought they are worth it? Then why still have a doubt or say that they still can't guarantee us a profit? Anyway, coins that you list are popular and they are still among the profitable list despite some of them are not getting enough attention or have some anomalies. I only want to say that not all old coins like them are profitable and then some new coins are also legit and can do well more than them.

I don't see anything wrong about the metrics the OP provides. All are responsible anyway for the growth of the token or coin. For Dogecoin, it is indeed it was the community that is noticeable the most but that then contributes to the others.

passwordnow

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I reckon what OmegaStar has said. It's about your conviction to what you are investing, if you'll see on numbers, the list continues and you might end up not buying anything as of the moment for being meticulous. That's why if someone wants to invest with a lot of altcoins, it's about your research, the DYOR that we used to say and how it went for you. So, if it's about the numbers, these can changes over the period of time. One good token/coin now, might not be good in the next several months and years to come. I've seen a lot of them that have been in the spotlight before but nowhere to be found on this bull run.

bitgolden

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Indicators. Technical indicators are there for a reason and chart reading isn't just for fun. If you could learn more about them, know what EMA means, know what Bollinger Band means, know what head and shoulders means, basically learn everything about those, then you are going to end up with a better understanding of what could go up and what may stay low.

Of course these are not guaranteed results and many people who know all about these still make a bad move, because sometimes market moves differently and that's a difficult situation to be in. But as long as we can make this work, we are going to end up with losing a lot of money on the long run as well. Just focus on how to get better deals, so it should not be really a big deal at all, just focus on that part.

?

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Quote from: hack3rcon on January 10, 2025, 11:13:15 AM

How do we determine if a coin or token is suitable for investment? For example, trading volume, total supply, number of holders, etc.
Please be very brief.

Hi, I'm a new user here. Allow me to provide the insights I have so far in the crypto space.

If your question refers to coins or tokens that are worth investing in, then the answer is only 1, namely coins or tokens that have been in this industry for a long time. It could be Ethereum, Dogecoin, Cardano or Tron. But that doesn't guarantee that you will make a profit from the coins or tokens.

I agree with @OmegaStarScream that the metrics you provide are meaningless, a coin or token will go up in price if the community wants it to go up. There are many other examples like Dogecoin.

1. What do they have there?
2. Then, why are they on the top crypto list?

You can find other examples in meme tokens such as Shiba Inu, Pepe, Bonk. In the end, we really have to do our own research & also don't forget to go with the flow, because in the current crypto atmosphere, if you go against the flow, then you will miss the train.

btcltcdigger

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Quote from: hack3rcon on January 10, 2025, 11:13:15 AM

Hello,
How do we determine if a coin or token is suitable for investment? For example, trading volume, total supply, number of holders, etc.
Please be very brief.

Thank you.

Well, unless you're talking about day trading, i'm guessing you're aiming for a longer haul investment.
While the obvious answer would be BTC or ETH, do a little research on a term called fundamental analysis.
This analysis will tell you what the project you're looking at is all about, and if it has any future

Obim34

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Depending if the project is listed, if not then checking the marketing strategy, hypes and how upright they are to their community, following their roadmap, don't also neglect to monitor what the project is built on, what purpose and how they plan to last for the long run.

If the project has been listed, try checking the price history and trading volume, total supply and monitor if the project are involved in manipulating the price and luring more investors with lucrative partnerships and false hype. Those projects with good prospects will do more of development as evidence than just renewing promises.

Mia Chloe

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Quality and authenticity of a project lies in all those aspects you mentioned and frankly speaking some of them have their ways of concealing some obvious flaws so for such cases it would take more of experience to spot them out. That being said one major thing to look out for is hype. Most times tokens and coins that have too many ads on spaces like X and other crypto platforms are often pump and dump schemed.

Another thing to look out for is their listings and price movements then supply nature too coins that are not base on pump and dump schemes don't skyrocket in price all of a sudden thats because liquidity put in that fast can also similarly be pulled out fast basically liquidating the whole network sometimes.

Hamza2424

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Quote from: hack3rcon on January 10, 2025, 11:13:15 AM

Hello,
How do we determine if a coin or token is suitable for investment? For example, trading volume, total supply, number of holders, etc.
Please be very brief.

Thank you.

In which category of the MC = Market Cap, if you are planning for risk investment the best approach is the top 30 coins with MC ranking and if you are able to catch the narrative do some research on the narrative Mid caps are a good option from $200M MC to $1B MC for a little higher risk to reward, make some searching on the tokenomics, FDV, developments, and technology competitivity in the narrative.

In the end, if you want to go all crazy go for the narratives low caps and new launches with higher risks and higher returns but keep in mind to exit with your initial deposit/margin from profit a soon as possible.

Porfirii

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Quote from: OmegaStarScream on January 10, 2025, 11:27:02 AM

You can go with something unknown that hasn't been around for a long time, doesn't have much trading volume, not listed on a lot of exchanges, sitting at 100M marketcap... which suddenly moons to 10B and pulls a x100 because of one partnership, or because of some speculation around the project...

I know a lot of people are going to disagree, but I don't think it matters anymore. Take ADA for example... what does it have? what does it do? could anyone here name 5 dapps?

Loopring (LRC). Do you remember how it was the next big thing, because of its partnership with GameStop? where is it now? from 3$ per coin to 0.18$ at 20M trading volume... can't even remember the last time I have seen an article mentioning it.

And the list goes on and on...

This is just to say that if you're going with the metrics you mentioned, you might get disapointed because the market does not make any sense.

It's better to invest with conviction (after researching the project in terms of investors, developers, what does the project do, what problem does it solve, etc.) rather than chasing the next big thing. but even then, profits are not guaranteed.

I don't know if a lot of people are going to disagree or not, but most people tend to give the opposite argument (the one which claims that if you do your own research and you invest after knowing well the fundamentals, you'll succeed, and viceversa). And in my experience I agree with you that many times a low liquidity coin moons giving unprecedented benefits, while other very big and popular projects with great communities barely grow.

Chance still plays a major role in the market, that's what I've learned in the last years after asking to myself why "this coin from a great project doesn't increase in price" while an unknown one left us all open-mouthed.

albon

legendary

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In addition to what you mentioned, you should also examine the token's smart contract, locked liquidity, and exchanges that list it.

You need to evaluate your research by reading the project's whitepaper, understanding its goals, and getting to know the team behind it and their experience. Also, understand the technology the project offers and how it connects with the blockchain and the token. Also, reviewing the project's communities and discovering the level of investor interest in it.

OmegaStarScream

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You can go with something unknown that hasn't been around for a long time, doesn't have much trading volume, not listed on a lot of exchanges, sitting at 100M marketcap... which suddenly moons to 10B and pulls a x100 because of one partnership, or because of some speculation around the project...

I know a lot of people are going to disagree, but I don't think it matters anymore. Take ADA for example... what does it have? what does it do? could anyone here name 5 dapps?

Loopring (LRC). Do you remember how it was the next big thing, because of its partnership with GameStop? where is it now? from 3$ per coin to 0.18$ at 20M trading volume... can't even remember the last time I have seen an article mentioning it.

And the list goes on and on...

This is just to say that if you're going with the metrics you mentioned, you might get disapointed because the market does not make any sense.

It's better to invest with conviction (after researching the project in terms of investors, developers, what does the project do, what problem does it solve, etc.) rather than chasing the next big thing. but even then, profits are not guaranteed.

hack3rcon

member

Activity: 385

Merit: 10

Hello,
How do we determine if a coin or token is suitable for investment? For example, trading volume, total supply, number of holders, etc.
Please be very brief.

Thank you.

Topic: Good coin and token recognition (Read 145 times)