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?
Not until today with some forum time I never saw anyone talking that the trade is false, in the meantime selling and buying I've seen people paying expensive for inside information of the market, because choosing a currency to invest and something that has to be made with great caution, you first have to know what your proposal is for the market, if it has the confidence of the users, and what volatility it has, since many currencies go up and down every day without stopping what may end up catching you in the psychological . 
Topic: How to choose good coin!? - page 21. (Read 10166 times)
For an experienced trader, choosing a coin is not just a chaotic choice, it's an analysis and one more analysis ...
Look the circulating supply of coins, team of developers and vision.
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.
Nothing beats proper and careful study of all the variables, that is the only way to minimize the risk.
Use your instinct to trade, if you believe in a coin that the price will go up, buy it .. And wait till the profit you expect. This is easy, depending on how strong your instinct is to read the coin price fluctuations
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.
I chose the good coin or not depending on the development team. Good team will make a good coin.
me too. I always find out info about development team. it's important for me who make a product.
I chose the good coin or not depending on the development team. Good team will make a good coin.
Im not yet an expert but I want to share what my friend who is into crypto trading and allready make profit. He told me if Im buying a coin I intend to sell later for profits look on top 10-20 trading volume in market then check each charts and how it moves. He also told me to take time looking on updates for coins because those news can affect movement of coins and there I could find good time either to buy or sell such.
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.
please check this out in airdrop...
https://docs.google.com/forms/d/e/1FAIpQLSccLEkNXAX7Aiw6Z0YNGXqwDtXVJwzqIdD3dQOxtk0i9WTB-g/viewform
https://docs.google.com/forms/d/e/1FAIpQLSccLEkNXAX7Aiw6Z0YNGXqwDtXVJwzqIdD3dQOxtk0i9WTB-g/viewform
I would check out Bitcore/BTX if I were you. Maybe get in for 5-10%.
Great price now, weekly airdrop and massive upside potential.
Remember DYOR always.
Great price now, weekly airdrop and massive upside potential.
Remember DYOR always.
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?
You are mistaken, common knowledge is that trading is hard, not everyone can make money while trading, not only is a mater of having the right knowledge you also need the right experience as well, and you also need to have the right personality if you are not the kind of person that take risks then you can forget about becoming a successful trader.
as for me i think you should look at where the ciun is coming from and where it is leading to (all found in white papers), and if course some are deceptive though!. You can also look at the sales during during ICO which talks about its adoption and a whole lot of other markers. But in all, you should give time to the coin for it to grow as an investment
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?
actually trading is a tough job here.lots of skills and research to be successful in this kind of job.many users has been tried and failed because of trading,better keep on reading and keep an eye to those coins thatt you eant to invest check the ico,the project and the people behind it.
Steps to invest in a good coin:
1. Research one of these coins cryptonaire.com/digital-assets
2. Focus on their weekly/monthly/long term cryptonaire.com and ignore their daily forecast.
3. Get on Google and search the coin and use the search tool and filter to only 24 hours, 1 week or one hour.
4. Check the coins roadmap.
5. Invest into it and go do meditation and forget about it.
1. Research one of these coins cryptonaire.com/digital-assets
2. Focus on their weekly/monthly/long term cryptonaire.com and ignore their daily forecast.
3. Get on Google and search the coin and use the search tool and filter to only 24 hours, 1 week or one hour.
4. Check the coins roadmap.
5. Invest into it and go do meditation and forget about it.
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?
Easy to pick, choose the bitcoin because it is the crypto-currency now that has huge volume/price. If you now looking to the altcoin it almost based on eth so the tendency of price is decreasing, lot of money will lose like the other that choose altcoin as investing. Much better to trade the altcoin to btc and hold, and believing that it will rise so high to earn lot of money.
My another suggestion is to read about those coins that will be need to use in our market. Like in a cryto currency for games and investing.
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?
There are many ways for us to know whether a coin is profitable or it is a shitcoin. You should research a coin before you buy! You should also if the volume of the coin is high. We should know what coin is profitable for us to not lose our money in trading. It is a huge ocean and you have to be very careful you are catching the right fish and not the one that will end up useless in the long run.
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?
Read about it, take the time to investigate and don't just fall for crypto cult rhetoric advertising a new coins as the ultimate coin.
Take a look at coinmarketcap.com; there are now 1365 ultimate coins!
Take your time, don't invest on an impulse.
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?
How to choose a good coin? This question was asked many times but for sure many of us are still confused on choosing the right coin whose worth of trusting for. And there are many facts to consider on finding the good coins such as the coins history, the project purpose, the team member of the project, the roadmap and etc. The facts stated above are just few things on how to choose a good coins. You can search more through google about coins.Jump to: