How do you research if the coin is a good investment?

askmecrypto

full member

Activity: 406

Merit: 109

Quote from: imdada on March 07, 2018, 12:04:41 PM

How do you do your own research if the coin is a good investment?

For me, I always look on the purpose of the project, the team behind it, what exchanges is it available on etc. And one of the important thing for me is the total supply of the coin.
I also research if the coin is Proof of Work (POW), Proof of Stake (POS), Pre-mined or other.

I personally rely on fundamentals when I look out for investing in a new coin.
I read the whitepaper, understand what they are trying to accomplish, is there a real world usage of the coin, how is the market reacting to there releases and updates, in short, the market sentiments around that project.

These points gives me a step up regarding the knowledge about the project for future. I dont day trade.

saelernet

member

Activity: 81

Merit: 10

First of all, look at the price of the coin. If it is too low then think about taking it or not. Usually the more expensive the better. I look at the end of ICO. There always restore good coins and expensive

Chelovek789

newbie

Activity: 127

Merit: 0

I look who the developers, their background, whether there are partners in this project.

mabell943

sr. member

Activity: 590

Merit: 258

I always rely on the feedback of the previous investor in making investment. Through this I can be able to determined whether the company gives a excellent service and income to their investors.

phamquangbinh

newbie

Activity: 84

Merit: 0

Particularly ,i observe the quality of the project, i analyze the structure of the team, thoroughly study the strategy of disclosure and study also the announcement in the forum. However the POW, POS and Masternode quality are the differentials and not necessarily an obligation, the basis of the project is a higher requirement.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

To me all the ICO projects look very promising if I read their whitepaper or visit their website. That's why I try to consider other things, like do the big companies listed on the site really support the project, do the "developers" know about their involment, what reputable news agencies say about the project, etc.

With already existed coins it's easier. If they are on the market more than a year, they will hardly disappear in a short period of time, and if they were valued 5-6 times more than now in the past, than they actually have that potential. And the last, but not least, thing to check is whether the coin is "alive" at the moment, which can be checked by looking at the daily trading volume and the section "Social" on Coinmarketcap.

ChinkyEyes

sr. member

Activity: 687

Merit: 301

I look at the purpose of the project. Will it have an actual usage or is it jumping on the crypto hype train? This is a question I always ask myself.
Furthermore I look at the community, what kind of people are active and in what way do they influence others. Of course it's important to checkout of if the team behind the project is solid. If it's an ICO I look at how they are planning to spend the raised funds and on what. Total supply and price per token is important as well. Before the Facebook crypto ban, I used to look at how their ads were targeting me, so I could analyze their marketing strategy.

serkhio

member

Activity: 154

Merit: 10

The first is the reputation of the team. I means the true team but not the fake clarity. The second is the media group, watch the meaningful post but not the number of the group( the number of people of telegram group is not believable as there are always many bots for the bounty)

DarkTaiga

newbie

Activity: 154

Merit: 0

Yup. I will check the community, the support and the staff. No one want invest money in the project whose staff are irresponsible. Nowadays, there are a lot of projects (ICO,......). It's difficult to find a trusted project Grin

sakokinak

full member

Activity: 518

Merit: 101

Quote from: imdada on March 07, 2018, 12:04:41 PM

How do you do your own research if the coin is a good investment?

For me, I always look on the purpose of the project, the team behind it, what exchanges is it available on etc. And one of the important thing for me is the total supply of the coin.
I also research if the coin is Proof of Work (POW), Proof of Stake (POS), Pre-mined or other.

I do not particularly see the technology on which the blockchain of the currency is built. Especially I do not trust the new technologies. For me a good currency it is a currency that has already proven itself on the market.

derigop

member

Activity: 200

Merit: 10

First check if that coin will get hit by the consumers so you will be assured that your investment will gain profit. Second you do the research on what you said. Researching the POW and POS will be smart idea in investing a coin.

Zyborg

sr. member

Activity: 476

Merit: 256

This is very interesting you can collect all the information from internet,watch youtube videos,study different articles,read whitepaper,examine market of that coin for about 10 days,in this way you would be able to guess whatever you got about this coins is feasible in market or not.When you are completely satisfied about that product performance then you should choose that one for investment.Also notice that project of that product/coin is for long term or short term or extendable,then you can analyze for short or long term investment.For example Altcoins like NEO,ADA,IOTA are good for short as well as long term investment.

GregH37

legendary

Activity: 1302

Merit: 1037

Quote from: raymondsamillano on March 07, 2018, 02:15:32 PM

I do my own research on media, youtube, news. I rate the team on how popular and well experienced and I'm doing a checking on linkedin. I also look at the project and its product if on demand and necessary for the users and the price of ICO does not exceed to $1 each token.

Youtube is also a great source to acquire knowledge about crypto market or a particular coin as many experts take to youtube to share their experience, knowledge and views about a coin.

Also the demand must be checked, whether a coin has more demand or not, cause as demand increases, volume increases and price increases with it. Speculation of prices must also been seen by experts and experienced traders.

Arata

member

Activity: 392

Merit: 10

I think there are many factors especially in an ICO project. I see whitepaper first, then the composition of the team and the advisor who is already professional, road map and also products that have been produced previously. if it's all good then I think it will be a good investment

currencydesigner

newbie

Activity: 84

Merit: 0

Its very much hard to say any specific line for me i do just chek the supply and demand and the project. i thing if project was good then definitely it will be rise no one can stop it .

KalaiBTC

full member

Activity: 448

Merit: 102

Quote from: imdada on March 07, 2018, 12:04:41 PM

How do you do your own research if the coin is a good investment?

For me, I always look on the purpose of the project, the team behind it, what exchanges is it available on etc. And one of the important thing for me is the total supply of the coin.
I also research if the coin is Proof of Work (POW), Proof of Stake (POS), Pre-mined or other.

Before buying a coin, one must read its whitepaper and see for what use the coin is being created for, does it have any real world applications, which team is working behind it, are they being transparent, how many partnerships they have been able to make so far, on what platform the coin is being created, what are the key features of the coin, what are they doing to promote their coin and gain people interest, what is the supply of the coin and many other key features. Reading its white paper will provide quite much info and you can judge whether it seems legit or scam.

pelumi20

member

Activity: 712

Merit: 15

When am researching a project, I first check the purpose of the project if it is really needed.
I check if the tech is feasible and whether they have a working protocol
I read their ICO and roadmap. Etc
Then I would make my decision whether to invest or not

AmazingDynamo

full member

Activity: 248

Merit: 100

Quote from: imdada on March 07, 2018, 12:04:41 PM

How do you do your own research if the coin is a good investment?

For me, I always look on the purpose of the project, the team behind it, what exchanges is it available on etc. And one of the important thing for me is the total supply of the coin.
I also research if the coin is Proof of Work (POW), Proof of Stake (POS), Pre-mined or other.

that is the thing that essential in looking for a good project the purpose and the team behind it , other than that i cant see anything that might help a person to have an idea on how the project will run successfully. And also for me is when it will be available in the exchange .

ZaynDale

full member

Activity: 238

Merit: 100

T H E G O L D E N I C O

I personally always priority the project itself before anything else. If the project sounds interesting and realistic, then I would study more on them. And also the team behind those projects. Know about them, their background and profiles. In additional to that, join on their telegram where they usually cater your queries. And I usually check its status in the market day by day.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

This question is really nice. When I do research, first I am checking their website, looking for the domain information. Check their website if there are team behind, roadmap or whitepaper. I also checking their community, like telegram channel or discord. Also their social medias account if they are active.

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