Author

Topic: Helpful tools to determine potential coin & token to invest (Read 183 times)

newbie
Activity: 1
Merit: 0
It is wonderful that you are new to this field, and I admire your enthusiasm in exploring this transformative field. It is an exciting journey full of potential.
Cryptocurrencies appeal to many and offer a new approach to finance and investing. I look forward to learning more and keeping up to date with the latest developments."
You can be sure that the news site buzznor.com will help you find the information you are looking for. This is a great resource that will help you stay up-to-date on all things cryptocurrency related. Here you will find a lot of interesting information - from market trends to technological developments.
legendary
Activity: 3038
Merit: 2162
I'm a bit offended, But if Axie, Faraland, Mydefipet and Cryptoblades looks scam to you then I don't want to argue. All the crypto chart such as coingecko and coinmarket cap can list any token as long as it is listed on the exchange with certain amount of trading volume. Do you even try to look coinmarketcal, dappradar and cryptopanic or just focus on poocoin which I indicate as charting tool for new coin before you post here? I just give a tool but it's up for the user to filter and DYOR because it's impossible to have a complete list of trusted project only on this decentralized world.

Go on browse coinmarketcal, dappradar and cryptopanic, If you prove that all tokens listed there is scam then I will be happy to delete this thread. But if not then take down this post of yours.

How can you tell people who just yesterday learned the word "cryptocurrency" to do their own research? You're just giving them a wide selection of scams and shitcoins and leaving them alone to lose their money. Even in stocks and other traditional markets beginners and short-term traders strongly tend to lose money, but you are suggesting them to trade on totally unregulated market where scammers run free and never get punished. This is a board for helping beginners, so the right thing is to warn them about the dangers of altcoin trading, not promote it to them.
hero member
Activity: 2758
Merit: 705
Dimon69
Should be named "helpful tools for getting scammed by yet another shitcoin created 3 days ago". Crypto community should stop spreading the myth that there are "good projects" and that you can get rich quick by investing in them early. Trading altcoins is nothing but gambling, as the odds are stacked against you. A beginner has no chance of consistently making profits on heavily manipulated and centralized market where every product is a garbage that will never succeed and is only created for financial gain.

I'm a bit offended, But if Axie, Faraland, Mydefipet and Cryptoblades looks scam to you then I don't want to argue. All the crypto chart such as coingecko and coinmarket cap can list any token as long as it is listed on the exchange with certain amount of trading volume. Do you even try to look coinmarketcal, dappradar and cryptopanic or just focus on poocoin which I indicate as charting tool for new coin before you post here? I just give a tool but it's up for the user to filter and DYOR because it's impossible to have a complete list of trusted project only on this decentralized world.

Go on browse coinmarketcal, dappradar and cryptopanic, If you prove that all tokens listed there is scam then I will be happy to delete this thread. But if not then take down this post of yours.
legendary
Activity: 3038
Merit: 2162
Should be named "helpful tools for getting scammed by yet another shitcoin created 3 days ago". Crypto community should stop spreading the myth that there are "good projects" and that you can get rich quick by investing in them early. Trading altcoins is nothing but gambling, as the odds are stacked against you. A beginner has no chance of consistently making profits on heavily manipulated and centralized market where every product is a garbage that will never succeed and is only created for financial gain.
full member
Activity: 952
Merit: 110
I don't use any of these services when hunting for a new project to invest money on, I choose on my own base on the utility the project possession and most especially if the new project have something very fresh and new to offer, I hardly choose bad projects

1. Sovryn
2. Vulcan forged
3. Cartesi
4. DIA

I choosed all these projects from day one even before they raise fund and I made alot from them
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
NOTE: Never invest on meme coin, copy pasted website format from know project, no audit from trusted company like Certik and make sure the Liquidity Pool was locked to avoid rug pull! Always #DYOR guys!

Just so you know, none of what you listed will I consider to be a helpful tool, they're just basic information/website out there. I mean should one invest because there's an upcoming events or that's a strategy for trading? Investing should be long term focused and only calculated risk should be encouraged since the market volatility can causes you losses that'll be difficult to recover from.

None of this sites guarantee an investment to be authentic, with the right price, any project with the right offer can buy them into featuring them on their sites. You can as well scrolls through crypto twitter and get all the updates those websites you listed will display.

In regards to certik, Rikafip has said it all. I mean, is there any project especially those focus on defi listed on coinmarketcap that isn't been audited by certik this days, yet they still get hacked and some turn out to be scam. Best method to prevent yourself from all the scams out there is to ignore them totally and concentrate on investing in Bitcoin.
sr. member
Activity: 1764
Merit: 260
I'm quite familiar to other sites that you'd mentioned here as I am recently visiting them to scout for new possible promising investment. Thanks for sharing them!




NOTE: Never invest on meme coin, copy pasted website format from know project, no audit from trusted company like Certik and make sure the Liquidity Pool was locked to avoid rug pull! Always #DYOR guys!

I wonder how can we check if the liquidity pool is locked or not. Is this the thing we can also chek at Coingecko or in Uniswap?

By the way, just to add, before investing to any project, please read their whitepaper first, check if you can trust the way how it will work, and check if the whitepaper is authentic and not plagiarized.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
Hello newbies! as I stumble on some post here regarding how to determine good coin to invest, I decided to share the tools I'm using for spotting a potential coin to invest. You can use this websites to Do Your Own Research instead of just riding the hype from others shilling post.


I think that even more important than reading news and altcoins project information it is important to understand bitcoin technology

Once you understand what bitcoin is, what blockchain is, what it can do, you will be more capable to valuate altcoin projects.

To do so, my recommendation is to read the most classic bitcoin book, Mastering Bitcoin by Andreas Antonopoulos.
hero member
Activity: 2520
Merit: 952
An audited project guarantees some level of safety but they still can get hacked, don't assume some audit badge as holy grail.
jr. member
Activity: 238
Merit: 1
Thank you dear for sharing these amazing websites I am totally new to cryptocurrency market I have no idea which website are good for tracking cryptocurrencies. Portfolio tracking etc. All of these website will help me a lot in my crypto journey.
hero member
Activity: 2996
Merit: 802
Compared to other available audit company right now, Certik is the most famous among all since I involve on many DeFi startup project.
That's all they are, the most popular ones, exactly the same as ICObench as they are the most popular ICO tracking/scoring site too. Being audited by Certik means squat, but is often used by scammy shitcoins as  pitch, to appear more legit. And exactly the same thing as ICOs were using ICOBench back in 2017, bragging about the score on their websites to attract investors.

I have a friend that is working on a project, and they paid Certik shit load of money to  find possible bugs in their code. Recently, they stumbled upon a major bug (luckily before hackers) in their smart contract that if exploited would completely rekt them, which Certik failed to identify. So yeah, you can pretty much ignore "audited by Certik" thing when you are DYOR on some altcoin.

This is very true. There is no trusted audit company in crypto market right now because most them is not regulated. They are offering a quick audit pass in exchange for payment so most shitcoin getting an approved audit from them. They are just focus on smart contract technicalities yet that doesn't mean the project was already safe to invest. This audit shit company are just giving away there approval to anyone with many that causes shit tons of rug pull.

@OP,  crytopanic and playtoearn website is new to me. Thanks for sharing. Don't rely too much on Certik because they are paid dogs as well as other audit company like techrate.
sr. member
Activity: 770
Merit: 268
as far as i can remember, poocoin is a dex aggregator. just like etherdelta in the past. it is similar to pancake and the rest too. so just be careful if you use dex, double check your contract address before you trade.
member
Activity: 71
Merit: 12
“In Piggy, We Get Rich!”
This is useful for intermediate level traders who have been in the games for a while and understand the risks and scams in crypto. For newbies, i wouldn't recommend investing in any new token, even if they promise 200% returns. Always stick to the top 50 coins to start with, then move to new and higher risk assets for much higher gains - after learning and experiencing price swings, false claims, rugs, etc..
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
Newly Listed Coin Chart - https://poocoin.app/
>You can view a clear graph here especially for newly listed tokens on DEX, So that you can see if the price is over bought or sold before you APE(Common mistake of newbie is just baying without reading chart).
Poocoin.app is a paradise of scam tokens.


Potential coins / tokens to invest are ones that go through the market at least 4 years and still survive and are actively developed.

Why 4 years? Because it is a big cycle of the market, from bullish-bearish-bullish. Scam and low quality projects will die in bear market. Such projects might be revived in a new bull market but as said, they are not actively developed projects.

I share some websites for you to filter potential projects for your portfolio
legendary
Activity: 1722
Merit: 5937
Compared to other available audit company right now, Certik is the most famous among all since I involve on many DeFi startup project.
That's all they are, the most popular ones, exactly the same as ICObench as they are the most popular ICO tracking/scoring site too. Being audited by Certik means squat, but is often used by scammy shitcoins as  pitch, to appear more legit. And exactly the same thing as ICOs were using ICOBench back in 2017, bragging about the score on their websites to attract investors.

I have a friend that is working on a project, and they paid Certik shit load of money to  find possible bugs in their code. Recently, they stumbled upon a major bug (luckily before hackers) in their smart contract that if exploited would completely rekt them, which Certik failed to identify. So yeah, you can pretty much ignore "audited by Certik" thing when you are DYOR on some altcoin.
hero member
Activity: 2758
Merit: 705
Dimon69

NOTE: Never invest on meme coin, copy pasted website format from know project, no audit from trusted company like Certik and make sure the Liquidity Pool was locked to avoid rug pull! Always #DYOR guys!
Just to comment on that bolded part, Certik is not trusted or reputable at all. They are basically equivalent of ICOBench and are willing to give nice score to anyone with enough money.

One example: few months ago I found out that they are auditing https://coinswap.space/, some shitty DeFi platform. Problem with Coinswap is that it was the newest project of a known ponzi scheme Troncase which in the mean time collapsed (you can read more about Troncase here. Anyway, I contacted Certik, gave them all the evidence that same people control both Coinsawap and Troncase, which they of course ignored, and gave them nice rating. And now Coinswap proudly presents Certik on their website, as one of the proofs that they are legit. Hell, even that scammy shitcoin SafeMoon has 89/100 trust score on their site, that tells you everything you have to know about Certik.


So, listen to your own advice, DYOR and don't trust Certik or anyone else for that matter.

I understand this concern but so far they are the most trusted in DeFi in terms of audit. I think no audit company can guarantee 100% investment. They give an audit report base of the scope of there service. Compared to other available audit company right now, Certik is the most famous among all since I involve on many DeFi startup project.

Thanks for the additional input @Rikafip. Investor should always DYOR just like what I said on my note at the bottom part of my post.
jr. member
Activity: 54
Merit: 4
Thanks for these sites that can help guide a novice crypto investor like me. This type of information is exactly why I joined BTT.
legendary
Activity: 1722
Merit: 5937

NOTE: Never invest on meme coin, copy pasted website format from know project, no audit from trusted company like Certik and make sure the Liquidity Pool was locked to avoid rug pull! Always #DYOR guys!
Just to comment on that bolded part, Certik is not trusted or reputable at all. They are basically equivalent of ICOBench and are willing to give nice score to anyone with enough money.

One example: few months ago I found out that they are auditing https://coinswap.space/, some shitty DeFi platform. Problem with Coinswap is that it was the newest project of a known ponzi scheme Troncase which in the mean time collapsed (you can read more about Troncase here. Anyway, I contacted Certik, gave them all the evidence that same people control both Coinsawap and Troncase, which they of course ignored, and gave them nice rating. And now Coinswap proudly presents Certik on their website, as one of the proofs that they are legit. Hell, even that scammy shitcoin SafeMoon has 89/100 trust score on their site, that tells you everything you have to know about Certik.


So, listen to your own advice, DYOR and don't trust Certik or anyone else for that matter.
hero member
Activity: 2758
Merit: 705
Dimon69
Hello newbies! as I stumble on some post here regarding how to determine good coin to invest, I decided to share the tools I'm using for spotting a potential coin to invest. You can use this websites to Do Your Own Research instead of just riding the hype from others shilling post.



Token with Upcoming Event - https://coinmarketcal.com/en/
>You can use this to choose a coin to invest and setup a position depends on the upcoming event date. There's a hot section and potential coin there. Most probably you can use that section to spot good project but remember to sell before the actual date arrived unless it is an airdrop event with good return.

Gaming NFT with P2E - https://playtoearn.net/blockchaingames
>Since play 2 earn is hot right now, You can see there the hot and upcoming games with p2e system that will launch soon. You can enter an early position or participate on IDO to get much lower price to gain huge profit once officially listed on DEX.

Dapps - https://dappradar.com/
>This is the tracking website for all dapps including games on all blockchains, You can easliy determine what is the current trending dapps on DeFi ecosystem using it.

News Aggregator - https://cryptopanic.com/
>Compile all the news from different news channel so that you can browse at one go.





NOTE: Never invest on meme coin, copy pasted website format from know project, no audit from trusted company like Certik and make sure the Liquidity Pool was locked to avoid rug pull! Always #DYOR guys!
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