Topic: how to choose a new coin - page 23. (Read 4519 times)
You need to follow some professional investors on twitter, they do post yheir recommendations, then you can do your own due diligence and read the chart too before investing.
I stalk the Telegram channel for a week or two just to see how its flowing and see how many fan boys are in there. You need a good community when things get tough. Once the Telegram is good and the project is good I usually jump in. Its mostly a crap shoot.
My advice, do not choose a new coin if you want to use it for long-term investment. Choose altcoins like Ethereum, BCH, and others that have long survived in the crypto world. But if you are a scalper, then of course new coins are more profitable in terms of instant profit. But choose the really good one. Read the possibilities and markets in the existing real economy, so that you will more or less understand the market flow of the project, so you will know whether the project will be an interested project or not.
Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?
If the answer to any of those questions is “yes” then you should probably choose a different coin.
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?
If the answer to any of those questions is “yes” then you should probably choose a different coin.
as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?
What do you think of choosing a good coin to be used as an investment?
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