Topic: how to choose a new coin - page 8. (Read 4510 times)
For investment, I think you should choose altcoin that already has a strong position in the market. Very risky if you choose a new token. Moreover, the market situation is very unhealthy, it takes a long time to spend the capital you have.
Whitepaper and the roadmap as a start. Are they offering something new on the table? I also check the Team Members if they were connected with some other coins.
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?
Good coin is defined by the market and is stability not to dump too much or halfbits price from time to time. I'd suggest both EOS and ETH, as their community and price go larger while companies prefer accepting those than other coins.
To select new coins, it is necessary to analyze how she passed the stage of collecting money for ICO, who exactly was interested in them and who eventually invested.
Before making an investment decision, I will look at a lot of information about coins, such as their team, partners and sales channels!
I am looking at the telegram community, because if admins are unable to answer the most important questions, it is automatically a scam. I am also searching coins with a good trading volume and a working product.
If you want to choose good coins, I think you should see the development team behind them. The development team will determine the growth of coins and promote them well to attract investors. And you can also choose coins that are already established and included in the list of the 10 best coins.
of the many coins, there is not everything can survive and provide a profit. from it necessarily choose the best coins for investment is the thing to do. Choose a coin that is already large and established enough to safely deliver value investment, even for the long term.
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?
right now there are too many coins in circulation, if you want to buy good coins, buy coins that are ranked in the top 10 coinmarketcap
Choosing good coins to invest is a good thing, if the coins you invest have great potential, and are guaranteed in a beautiful future, you will get many profit. You really have to choose good coins so you have to be more careful in choosing them, because not all coins are good and will not always benefit you.
Ask a question at the beginning. Do you need this? Now is not the best situation for the selection of new coins. But if you want to see who's during the market correction has collected hard cap.
well, but sometimes the projects that arrive at the hardcap aren't necessarily promising. but that should be appreciated, and an experienced team will also be a potential for the new coin. because, a professional team already knows how to develop the coin.
In terms of specific projects the white paper is the best place to start and then further research can consist of finding multiple opinions on the project and making your own decision from there.
Ask a question at the beginning. Do you need this? Now is not the best situation for the selection of new coins. But if you want to see who's during the market correction has collected hard cap.
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?
You cannot invest into all coins, so you have to choose wisely. Most times, one of tge attractive points to a good ICO, is the website. A poorly developed website, would wade off potential investors. So it must portray and picture that the project is truly blockchain related. Then learn to read whitepaper, which must be unique and have its own original idea, instead of a copy and paste. What do you think of choosing a good coin to be used as an investment?
Choosing new coins is really hard cause there is a lots of coin in the market. I follow a rule to find out the new coins, just go to the new listing in coinmarketcap and check it everyday basic. Or you could find in your way. After than you have to analysis and study their whotepaper, and website. Then you have to check members and advisory board. Then go forarketcap and exchange listing this is very important. Then see artificial volume or just organic volume in exchange. And check they follow the roadmap or not. Also if you want to buy a big share go talk to the CEO or someone and saw their vision. And if they delay on their broadmap or project then don't go for them. That's it.
In my opinion, if you want a long term investment you should consider the roadmap of the coin you are trying to invest on or how the coin is effective in terms of mass adoption because if the coin cannot scale with the pace it will be left behind.
In fact, it is not worth investing in new Coin right now, unless, of course, you have a surplus of funds. But if you really want to, look at ico
Now even very promising projects can not collect the minimum amount of investment. Therefore, before investing your money in a new coin, look at how much money has already been invested in the project.
For choosing a new coin firstly you have to look their community. I think community and project is the most important thing about coins. Surely you can not find any community maybe for bitcoin or ethereum but you can find a community in telegram for too many altcoins. You have to analyze that project. What is their future plans and why that coin will be very valuable in the future etc.
Also you need to look the exchanges. If that coin already listed binance at least you can be sure that is good coin.
Also you need to look the exchanges. If that coin already listed binance at least you can be sure that is good coin.
In fact, it is not worth investing in new Coin right now, unless, of course, you have a surplus of funds. But if you really want to, look at ico
When I am doing my own research, in most cases I am following steps like Ian Ballina doing. Starting from major team members and then following the community, token metrics, GitHub code. You can check Ian's old videos with reviews.
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