How to choose good coin!? - page 36.

Shishir99

hero member

Activity: 770

Merit: 482

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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?

Coinmarketcap is one of the most important place to research about a coin.
It has added a new feature called historical data which i like very much.
It gives the information about the cryptocurrency's website and announcement.
It shows the graph and social media activities of the coin also.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

What is good coin. For me only bitcoin is good coin. If you are considering altcoin then is really hard how to pick or to chose cuz many are focused n bitcoin rather then trading in altcoins or invest in some ICOs.

How let say that trading is little low valued in alt right now cuz price is holding or it dropping a little, so focus for the moment on bitcoin.

Ayush rana

full member

Activity: 476

Merit: 103

For identifying the good coin you should check the historcial data of that particular coin. That from last how many weeks or months its value rising and the also check the way these values are raising and falling. The other thing you should check that its value. More the value of coin the good that is for investment.

anti-scam

sr. member

Activity: 476

Merit: 251

COINECT

Quote from: zwiggel on October 27, 2017, 05:29:54 PM

Quote from: Wowcoin on October 27, 2017, 04:10:27 PM

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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?

No trading its not easy because you do search what is the good coin you may buy. Like you will see how many supply token of that coin the raodmap, website. If the coin have small supply i think it will be a good coin.

For me, trading is not an easy job, because it requires a lot of factors, in which your skills and assertiveness play a very important role. How can you make the right choice when the market is always in a state of instability. it's really hard.

Difficult day to trade, altcoin like dying.
everyone focuses on getting Bitcoin, while altcoin will die. Yes .. I stopped trading for a while. Waiting for altcoin in 2018.

zwiggel

sr. member

Activity: 672

Merit: 250

Quote from: Wowcoin on October 27, 2017, 04:10:27 PM

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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?

No trading its not easy because you do search what is the good coin you may buy. Like you will see how many supply token of that coin the raodmap, website. If the coin have small supply i think it will be a good coin.

For me, trading is not an easy job, because it requires a lot of factors, in which your skills and assertiveness play a very important role. How can you make the right choice when the market is always in a state of instability. it's really hard.

Realniy

full member

Activity: 336

Merit: 100

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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?

Now faced with a similar question. I understand in bitcoin and all would be good, but not always. Sometimes there are times that your project breaks down and you do not understand why

Wowcoin

hero member

Activity: 910

Merit: 507

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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?

No trading its not easy because you do search what is the good coin you may buy. Like you will see how many supply token of that coin the raodmap, website. If the coin have small supply i think it will be a good coin.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: Shutup on October 25, 2017, 04:30:59 AM

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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 now l dont research yet whow to choose a very good coin.But for me l choose bitcoin because me,my sister,my family and all bitcoiners in our place choose bitcoin.Because bitcoin stays bigger value although bitcoin value is volatile but it has a big difference when bitcoin price is increse.Your coins have a chance to profit 10 times or more.For me thats the status of bitcoin which giving us a good earnings and profit.

At the end honestly, instead of gambling all around looking for coins to diversify which could still be pretty much risky, I guess sticking with bitcoin still remains the safest option since eventually you will still be making some pretty good amount in value at the end.

This still does not mean that some coins will still make a good profit in the long run which still makes it worth the risk anyway, considering how fast they can earn you profit pretty fast.

Hotrod_88

full member

Activity: 420

Merit: 100

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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?

First of all, we always look at the value, if the value is high we always think that it is a successful coin and it is a good coin. But is doesn't always work like that, sometimes there are some coins that are high at the first months but when the exchanger has come their value will tremendously fall like totally zero. I've encountered a lot of that always when I was trading my bounty rewards. And I figured that not all expensive coin will be expensive at a long time. So I always look at the campaign, the project on how the coin are doing in the past few days. I'm checking their records so that I can know if they are really a good coin.

malikusama

copper member

Activity: 1050

Merit: 294

Many things you need to consider before investing in an altcoin, i am going to give you some important points which i need to know whenever I have to invest in altcoins.
1) The market cap of the coin and it's price history chart in the past.
2) The team behind the coin, are they freshers or some people having any previous experience too.
3) Whitepaper, road map and it's legal proofs.

pratik009

full member

Activity: 365

Merit: 108

For choosing the good coin; first of all you need more knowledge about that coin.you can get it from history of coin and the management team of the coin.i suggests you to do trading of bitcoin.beacause it has very large history and averagely it's price increasing everyday.so it's Everytime best coin for us.

musharaf

full member

Activity: 364

Merit: 100

The good coin is that which provide you a timely income and a reliability. If there are many coins available in the crypto market I will choose that coins which are reliable and the value of that is increasing the value of that is high in the market and easily acceptable everywhere and it is easily traded in the market these all are the good features of coin.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: trecore4 on October 17, 2017, 01:32:04 PM

That's a good question.

You should always check for -

Historical Data of coin
The project concept behind the coin.
The team involved in the project.
The roadmap and current status of the project accordingly.
Whether coin is part of pump and dump group if yes then join it.
The traded volume of the coin and market capitalism for it.

All these and many more factors will define the goodness of coin if they are on the positive scale. You can't just make it short investment but the longer one to get hold on that particular coin.

These are actually some of the factors to check out for in wanting to invest in a coin, stock and shares in a company and other commodities etc.

Meanwhile, number three factor is very key to me - "The team involved in the project". The people behind the project or any financial project is very important. If you have people who have experience and have excelled in the exact project or other fields, their names alone in the board will drive the project positively because so many people will be attracted to it with the believe that they have done successfully in their different endeavors.

Also, on the flip side, incase the boat seem to be capsizing - when the "chips are down ", they understand it, know how to reach out and what to do as well.

A.H.Rassel

sr. member

Activity: 560

Merit: 251

Quote from: pkdas on October 17, 2017, 01:20:49 PM

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?

Who says trading is easy, no it is difficult brother its high risky, trader commit an error he lost his money
First, pick top 10/20 coin from https://coinmarketcap.com then read there white paper and road map or their social news.Update yourself with cryptocurrencies some days than you indicate the best coin for holding or trading

A Fahriz Thiago

full member

Activity: 210

Merit: 100

Good coins usually have a good and strong team of developers. They also usually have a good vision and potential.

cloud777

full member

Activity: 154

Merit: 100

1) Project clarity
2) Control developers names, skills, social pages and backgrounds
3) Look at the project website. Is it professional?
4) Project partners
5) Price trend
6) Market cap
7) Number of investors
Cool

Number (and quality) of exchanges

Krishan_94

member

Activity: 68

Merit: 10

Good basically consist of good team and concept.. You can find about the team from internet. Their target mission and objectives are listed in the white paper.. So if those two are good, basically coin is good..

Shenzou

sr. member

Activity: 1400

Merit: 283

Quote from: wantjokull on October 27, 2017, 03:07:30 AM

Quote from: YTBitcoin on October 26, 2017, 06:58:45 PM

Quote from: shiweijian on October 26, 2017, 10:16:33 AM

buy buy buy

If you are raising this slogan for bitcoin then obviously I am with you and my complete support is with your slogan. This is very golden opportunity of grabbing bitcoin because by the end of near and even in the mid of next month, bitcoin is going to rise very high in prices making all bitcoiners sitting on top of the world. So if you want to among the happiest person, join bitcoin community.

You think that will be so easy to put your money into bitcoin and just wait and watch it grow? Then yes that’s possible in case of bitcoin.

However op poses a question related to choosing of coin for trading. Well the coin is all about it’s market cap because the more it is the longer it will sustain and the more chances of getting the prices of it hiked. That’s the main thing we should look for and choose the coin. Later part of trading is all about how we work on it.

Chosing a coin to trade depands on how active the coin is and how the price and the market cap changes, you always want to look for the best coins that have potential to rise, these are the ones that have a great dev team and a large user base just like bitcoin, and also you need to now the needs for currency and if there is a growing demand on it or not,and one more thing you need to be paitient when it comes to cryptocurrency trading you need to wiat for the write moment and keep an eye on the markets to know what to do next.

dx_twisted

full member

Activity: 294

Merit: 114

In just my opinion, there are two points on how will you choose a good coin that will change your fortune the current way around. If you will consider my points then it will help you decide which coin is which:

1. Look for a coin with longevity. Remember, if you are supporting a coin and go into HODL mode and keep buying them, you are into a long-term investment and not just short-term. Go with a project that do sounds they will stay much longer and ready for the future not just few years. Try to ask yourself, is this coin project designed for the future or just the present?

2. Don't go for the coin features, go to where the coin will be available and on what platforms. I always keep telling this to my friends and even on some of my posts here. Crypto is convenient rather than using your credit card or cash. The more support and backing the coin have, expect that the developers will do their best to make their coin available or accessible to any kind of platforms out there. If this happen, more users will go on this coin and if the coin supply is only limited to like millions then supply will be low. As demand increase, this tends the price of supply increases.

wantjokull

sr. member

Activity: 700

Merit: 275

Quote from: YTBitcoin on October 26, 2017, 06:58:45 PM

Quote from: shiweijian on October 26, 2017, 10:16:33 AM

buy buy buy

If you are raising this slogan for bitcoin then obviously I am with you and my complete support is with your slogan. This is very golden opportunity of grabbing bitcoin because by the end of near and even in the mid of next month, bitcoin is going to rise very high in prices making all bitcoiners sitting on top of the world. So if you want to among the happiest person, join bitcoin community.

You think that will be so easy to put your money into bitcoin and just wait and watch it grow? Then yes that’s possible in case of bitcoin.

However op poses a question related to choosing of coin for trading. Well the coin is all about it’s market cap because the more it is the longer it will sustain and the more chances of getting the prices of it hiked. That’s the main thing we should look for and choose the coin. Later part of trading is all about how we work on it.

Topic: How to choose good coin!? - page 36. (Read 10166 times)