How To Analyze AltCoin Prices on ICO?
The purpose of writing this post is just to share fellow newbie in the world of crypto, especially in this beloved bitcointalk forum, especially As more and more new altcoin projects are popping up and it is not easy for newbie like me to decide,
Frequently Asked Questions Newbie:
1. Is this AltCoin valuable?
2. Is this AltCoin not a SCAM?
3. How is AltCoin in the Future?
For the above answer only senior members upwards who can answer it.
My goal is only to share maybe there is a newbie who want to invest in new coin and can not determine whether the coin we choose is right for us invest?
- First analysis visit Token Smart Contract of the coin project and look in the Token Transfer section.
- On the label
To there the investors from various circles gathered check one by one who dare to buy a lot of tokens.
- Find the biggest token buyer and visit the token holder, here we start the coin coin analysis of the token holder from the beginning to the end, what is the success rate of the token holder, we can see with the number of tokens purchased have to the moon purchase price
- If the token holder reaps a lot of successful investment, I think follow for investment, and specify more invest in the coin.
Example
Example
My reason is simple, because with the success of the token holder. means that for this analysis almost 90% true that the coin price he chose will be high price. hopefully this post is useful for newbie especially who want to learn with AltCoin investment.
Perhaps senior members here will add AltCoin analysis with higher accuracy, please we need it