There's less than 60 coded from scratch [1].
If you further ignore all the ones with premines/instamines/devtax, then you're left with only a handful,
that share the good properties of Bitcoin: created to innovate, not to enrich the creators.
[1] https://docs.google.com/spreadsheets/d/1geg5HHgDO-ht0u6CSTHplJudr9kSGQYAoJvaKnfRhI4/edit#gid=0
Topic: How do you discover coins with great potential? Nearly 10.000 coins out there... - page 2. (Read 199 times)
May 02, 2021, 06:38:38 AM
May 02, 2021, 05:30:58 AM
It is about how you make your research upon finding one. You source out information through forums, medias, news and any source that you can extract information.
There's no magic and a quick glance for that kind of basis. There's a process to know if they have great potential.
There's no magic and a quick glance for that kind of basis. There's a process to know if they have great potential.
May 02, 2021, 05:29:08 AM
Thank you for all the ideas and thoughts on this. I understand that fundamental analysis is required to estimate the future development of a coin. However, this very analysis costs time. And I want to at least reduce the list of candidates.
Top 100-300 is a good idea. But that is the whole point: just a few months ago completely new and unknown coins have stormed the top 100-300. Where were these coins before? For example: https://www.coingecko.com/en/coins/bakeryswap - 47x since 7th Feb.
Top 100-300 is a good idea. But that is the whole point: just a few months ago completely new and unknown coins have stormed the top 100-300. Where were these coins before? For example: https://www.coingecko.com/en/coins/bakeryswap - 47x since 7th Feb.
May 02, 2021, 05:21:45 AM
Hello,
there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?
By experience and perseverance. each time you try to invest in those coins you will land to some review sites sometimes in a group where they tackle the coins that might become successful in the next years from that huge number of coins but none of this option will really give you the right answer. You need to work on your own to see whether you decide to invest in it or not. It's better to have a local community where they will help you if you are just a starter and they won't gonna teach you to advance things just some basics to get you going on your first journey.
May 02, 2021, 05:17:09 AM
there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?
Actually it's hard to get a good suggestion cause everyone got one for everybody. It's up to that someone whether which one he will take into consideration.How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?
Everyday there are new tokens/coins being added on coingecko and coinmarketcap. For sure everyone aware that not all added there are legit and some are shitcoin but of course there are profits being linger on those. Some are worth riding and some are dangerous. Better to do or trade bigger projects.
May 02, 2021, 05:13:13 AM
Hello,
there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?
Every project has a team and from their performance either in a long or short term, it's easy to predict their performance and their whitepaper and road map as a fundamental analysis.
Its very possible that after all the analysis, the project may likely not go as predicted but if you hold for long term, certainly it will be beneficial.
Take a look at BNB for example, everyone knows that Binance is a world leading exchange and this shows how utility and used cases that's surrounded by Binance coin.
May 02, 2021, 05:02:27 AM
The best way to discover potential altcoin to invest in is to carry out deep research about it, know the road map and the team behind the coin. If you are looking for a quick profit, then you have to invest in a coin that has a short-term goal.
May 02, 2021, 04:53:49 AM
Hello,
there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?
May 02, 2021, 04:47:55 AM
~ Is there a CSV file oder SQL database to analyze somewhere?
I'm afraid there is no public data for the specific info that you are looking for but People usually flocks to where the trend is and it's currently DeFi and NFT tokens.You can use the following data from Coingecko:
Sort them by marketcap or trading volume and compare which of them has more room for growth. Don't forget to look into other factors like audited codes before buying them. That reduces your risk of rug pulls and exit scams.
May 02, 2021, 04:33:10 AM
Hello,
there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?
I usually invest in altcoin that are in the top 100 on coinmarketcap, because in my opinion investing in altcoin that are in the top 100 on coinmarketcap will definitely give me a big profit in the long term and the risk is also small, so in my opinion you don't need to bother looking at all altcoin on coinmarketcap, because if you want to invest in altcoin that can give you profit with a small risk, then you only need to research altcoin that are in the top 100-300 on coinmarketcap, because altcoin must already have a product and high volume, so the risk is definitely smaller and of course the price will continue to increase all the time.
May 02, 2021, 03:23:49 AM
Hello,
there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?
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