Good research will help you. But there are standards you cant shy away from:
Devt Team, White paper/Road map , Significance of the Project, Hard cap etc
A close look at these will help you make the right decision.
Topic: How to choose good coin!? - page 17. (Read 10139 times)
if I see a good coin or not from the many people who invest in their coins. besides that a good coin must be many people who join in it like bounty campaign, if many people join in bounty campaign them then the coin will be good.
The choice of the coin depends on what your plans are. It depends whether you want to trade or just hold for a long term investment. Trading wise, just choose a coin with fairly large peaks and troughs over a pretty much stable average line. For long term investments, do your own research before buying.
Good coin is a big coin community. Team DEV's professional and directional, specific plan, clear. Always follow the right plan and roadmap, support investors enthusiastic and accurate. These are the factors I use to evaluate a good coin
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
I often choose a good coin from looking at total supply and total demand in the market by analyzing the volume of the coin, if the volume of coin is a lot and the total supply is very limited I will buy the coin.
Know what the coins are for:
Integral to ICOs are the coins or tokens themselves. Aside from functioning as the form of security (similar to stocks in traditional investments or initial public offerings), these coins often have other functions with the platform or ecosystem.
Filecoin, for example, offers a decentralized file storage solution. Users with spare computing resources can rent out these out and earn Filecoin tokens in the process. These token can be used within the platform or be later exchanged to fiat currency or popular cryptocurrencies such as bitcoin and ether.
Keep in mind that not all commodities (digital and real) may be ready to be tokenized and traded digitally like bitcoin. If the market isn’t ready, it will ultimately affect the venture and the value of their token.
Integral to ICOs are the coins or tokens themselves. Aside from functioning as the form of security (similar to stocks in traditional investments or initial public offerings), these coins often have other functions with the platform or ecosystem.
Filecoin, for example, offers a decentralized file storage solution. Users with spare computing resources can rent out these out and earn Filecoin tokens in the process. These token can be used within the platform or be later exchanged to fiat currency or popular cryptocurrencies such as bitcoin and ether.
Keep in mind that not all commodities (digital and real) may be ready to be tokenized and traded digitally like bitcoin. If the market isn’t ready, it will ultimately affect the venture and the value of their token.
I don't believe instinct should replace proper study and analysis. A beginner might consider himself an expert after one successful trade based on instinct but chances are the next one will be a catastrophe.
Nothing beats proper and careful study of all the variables, that is the only way to minimize the risk.
It depends all about your research on crypto currencies and the market of these coins. Sometimes there values go so much higher and in the next morning of day, they lose their value too much. You will have to gain some experience and knowledge before investing your money. Nothing beats proper and careful study of all the variables, that is the only way to minimize the risk.
Trading of bitcoin is very profitable profession and most of people are doing it to earn profit. Buy your coins at low cost and when your coin increases its value then sell out them and earn profit.
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
I often choose a good coin from looking at total supply and total demand in the market by analyzing the volume of the coin, if the volume of coin is a lot and the total supply is very limited I will buy the coin.
you need to study the whole project to guarantee the success of your investment, you can also check the feedback of the project both positive and negative side.
for me i suggest to study further about the projects and have a great knowledge in the crypto industry like other member said to choose the good coin you want to invest
for me i suggest to study further about the projects and have a great knowledge in the crypto industry like other member said to choose the good coin you want to invest
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
a good way of choosing a coin is to see who the developers are developing and what the total supply coin is, if they develop new technology or development that uses their coin then it is very suitable for the buy. https://coinmarketcap.com/ there is a lot of coin information that provides enough information complete.
The only good coins I see are the top 5 in the market cap. Trading is never been easy, the market is unpredictable and high risk is involve.
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
Trading is not easy because they have a risk, if you want to know what is the good coin check the Market Cap
Road Map
Volume
White paper and Team involved the project.
Be careful to choose because there are many coins are shitcoin.
It is not easy to choose a coin you want to trade. If you want to choose the preferred coin to trade to, you have to do one thing traders called that 'DYOR' or Do Your Own Research before you start trading that coin. Know first the history about that coin don't just jump into trading any coin without doing research, it can make you loss instead of profit.
Yeah, you need to do your own research. An extensive research I guess, know the history and the possibility of the coin to grow. Know their community and fellow investors also.
It is not easy to choose a coin you want to trade. If you want to choose the preferred coin to trade to, you have to do one thing traders called that 'DYOR' or Do Your Own Research before you start trading that coin. Know first the history about that coin don't just jump into trading any coin without doing research, it can make you loss instead of profit.
There are many factors to consider when choosing a coin to invest in. First, you will try to look on their team behind the project. Make sure the team is reliable. Also you need to look if the project has potentials to grow in the market.
Choosing a good coin is to see how many people use the coin, if the coin is widely used then the coin is a good coin ..
I would say that you also need to look closely at the concept behind the token or a coin. Can it be used everywhere? How relevant is this? These are some important questions... Also what has been mentioned before too - roadmap, legit founders. I just invested in modultrade because I loved their idea and founders are cool, too. That's how I do it..
You can choose any good coin/token by researching on the project, just look at team, advisors, social activities and other updates. Be sure the project is genuine and have a high potential in future.
Before choosing coin focus on its volume,Investors,Fluctuation gap of price and past history.Reviews of investors who practically work in it and their experience matters.If found all stable then you can say its a good coin.
To be able to choose good coin, you must have many researches on what is the most stable coin and it must have also it's own wallet like mnx(minexcoin)
Yeah, research is one thing anyone should not joke with when it comes to investing in any coin. I have seen some people seeing a coin being pumped or rising in value and then judging their investment based on that. That is a totally wrong move. The fact that a coin got pumped today does not mean it won't get dumped tomorrow.You have to understand the community, the project, the underlying product and then the team. They are like companies and you really would want to have a stake in the right company.
You can search the net to know the analysis of the experts and see videos on youtube to gather information about coins and the demand of the coin is very decisive.
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