Topic: How to choose good coin!? - page 3. (Read 10166 times)
You can find information on coinmarketcap or bitcointalk or reddit to see what communities feedback about the coin you are looking to buy. Or if you like safe, look for the top 10 coins on coinmarketcap.
There are many of coin that can be purchased at ICO or exchange so you know what a good coins to know that the quality product is good for them to be invested by the investors who are really interested.third and if there are events they will take place for the higher the price of the coins they will be releasing in exchange and you must also research if really legit the project and also if there is roadmap and whitepaper.
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?
By planning what kind of crypturgery to buy, it is better to choose from variants similar to the blue chips of the usual market - with a capitalization of more than a billion dollars. A decrease in rating points should be considered as a temporary slowdown against competing virtual currencies.
These are the steps I follow in checking a good coin to invest.
The team behind the project.
How active us the community.
Their social media presence.
How often the code repository us worked on.
Historical trends / past market movements.
These are all the things i consider before investing.
The team behind the project.
How active us the community.
Their social media presence.
How often the code repository us worked on.
Historical trends / past market movements.
These are all the things i consider before investing.
There are so many coins that are spreading today but I think I must also choose a real coin to earn because now there is no money wrong you can choose a coin because it's time to go down and you do not make a profit here I can not make you think that Just because I chose the wrong one and dropped it down for sure that you are losing money and you can not earn it.
All coins have their own dangers, so we can't says specifically that this coin or this coin are great. Since once in a while even in eye of the clients it is great yet when time comes past it will swings to most exceedingly terrible. So be cautious picking coins particularly now, on the grounds that a large portion of the coins are tumbling down their esteem. I propose to choose the coins who having the capacity to develop later on, not the coins who development now.
I think to find a good coin you need to see if they have a good event coming because that may attract alot of investors to buy their coins.
Look at the road map on the coin, learn the news. The coin will grow on good news. Watch the charts. If the coin is on the correction invest in it.
Not everybody, especially a newbie can understand the Roadmap. For a beginner, it is probably better to follow the news and read more about the crypto.
If to choose a coin that has good quality may be too difficult but Normally I tend to judge a coin from within whitepaper and coinmarketcap to help me know the quality of coin that will be made for trading and do not ever worry if the price is experiencing a decline when it is trading because it can make a person to experience losses.
You need to check the team, whitepaper, and see the purpose of creating the coin. it takes extra time to analyze it. A good coin is when the supply of coins is low and a lot of price, but that is not enough to be a reference to know whether the coin is good or not
you can take the following steps 1. VIEW SPECIFICATION OF DETAILS ABOUT THE COIN
Knowing the specification of the coin in detail is necessary, to investigate whether the coin is actually created by experienced experts in their field or just limited to digital coin HYIP unknown future prospects.
2. TOTAL COIN SUPPLY THAT IS NOT TOO MUCH
Equally important is the relatively small amount of supply coin, according to my own personal experience and some advice from digital coin experts, the amount of coin provided greatly affects the price for the future, because basically the less supply coin the faster the coin will run out, will be more expensive.
3. COIN ANALYSIS THROUGH ICO REVIEW
Through ICOReview.site you will know which Pure Digital currency is HYIP / SCAM, if you find a new coin that is still ICO and not clear about the details, plus it does not appear on ICO Review, you better avoid the coin.
Knowing the specification of the coin in detail is necessary, to investigate whether the coin is actually created by experienced experts in their field or just limited to digital coin HYIP unknown future prospects.
2. TOTAL COIN SUPPLY THAT IS NOT TOO MUCH
Equally important is the relatively small amount of supply coin, according to my own personal experience and some advice from digital coin experts, the amount of coin provided greatly affects the price for the future, because basically the less supply coin the faster the coin will run out, will be more expensive.
3. COIN ANALYSIS THROUGH ICO REVIEW
Through ICOReview.site you will know which Pure Digital currency is HYIP / SCAM, if you find a new coin that is still ICO and not clear about the details, plus it does not appear on ICO Review, you better avoid the coin.
If to choose a coin that has good quality may be too difficult but Normally I tend to judge a coin from within whitepaper and coinmarketcap to help me know the quality of coin that will be made for trading and do not ever worry if the price is experiencing a decline when it is trading because it can make a person to experience losses.
You need to check the team, whitepaper, and see the purpose of creating the coin. it takes extra time to analyze it. A good coin is when the supply of coins is low and a lot of price, but that is not enough to be a reference to know whether the coin is good or not
For me, because i'm not that much a alt trader but i usually find a good coin to trade if that coin has a big news and of course a good attraction on it that may lead to a potential pump.
there are different factor to consider:
The team involved in the project.
The project concept behind the coin.
Market Cap
The team involved in the project.
The project concept behind the coin.
Market Cap
If I choose a coin for trading, I like coins from the top 20. Their prices change more predictably. If you choose coins for investment for a long time, then except for coins from the top 20, I would add the coins bought on the ICO. To select coins for investment in ICO, you need to analyze projects, team, technology, site, etc.
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 believe that these coin good are considered the top ten in https://coinmarketcap.com/, you can visit to find out more details to plan the most accurate investment. Look at the road map on the coin, learn the news. The coin will grow on good news. Watch the charts. If the coin is on the correction invest in it.
It is easy to know which coin is good and better to trade with one can know through many ways. First you should know that who is behind the coin and has it any market value or not and you will choose those coins which have the highest demand for high profit. Trading needs your time and different references of time so that you are updated with the market.
What exactly defines a good coin?
If you want to use for pure trading, than trading volume is a key factor.
If you want to hold it and use for wealth storage, then the consensus algorithm is decisive with PoS being the only reasonable choice.
Obviously, all the other factors should be taken into account but my point is: a good asset for trading might not be a good asset for long term holding.
If you want to use for pure trading, than trading volume is a key factor.
If you want to hold it and use for wealth storage, then the consensus algorithm is decisive with PoS being the only reasonable choice.
Obviously, all the other factors should be taken into account but my point is: a good asset for trading might not be a good asset for long term holding.
Make own research, collect as much, as possible infos about Dev team and go to Slack, Telegram channels. Just few steps for start.
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 believe that to be able to choose a good coin is an extremely difficult thing. You have to rely on a lot of factors and in many ways to get the most accurate view. I believe you need to see how that Coin has practical application, what effect it has on human life. DEV develops a team of people who have experience in this market. The development strategy is like .... a lot of problems you need to care about. Look at the road map on the coin, learn the news. The coin will grow on good news. Watch the charts. If the coin is on the correction invest in it.
It is easy to know which coin is good and better to trade with one can know through many ways. First you should know that who is behind the coin and has it any market value or not and you will choose those coins which have the highest demand for high profit. Trading needs your time and different references of time so that you are updated with the market. Jump to: