How to choose good coin!? - page 39.

spngebob

sr. member

Activity: 770

Merit: 254

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?

It depends what do you want to do.
Do you want to invest your money and wait for several years for your coin to increase its value(if it increase its value) or do you want to do daily trading?
For investing in coin you have to do lots of research about project, coin, devs and so on, for daily trading you have to follow the market.

Bitcoinjheta

full member

Activity: 798

Merit: 104

Quote from: teslabrik on October 24, 2017, 08:21:41 AM

gotta decide b/w bitcoin and alt coin. Alt coin fluctuates , bit coin growes/zing. depends on how long you want to invest for. gotta remember about trading fees

In choosing a good coin they can taken by searching the all coin site showing concrete price value and stability. But best effective strategy to have a trusted coin site are friends recommendation and a coin marketcap because they are most significant in terms of fast and easy transaction with a validation coming from them.

teslabrik

newbie

Activity: 6

Merit: 0

gotta decide b/w bitcoin and alt coin. Alt coin fluctuates , bit coin growes/zing. depends on how long you want to invest for. gotta remember about trading fees

idahosk

member

Activity: 107

Merit: 10

ARNA | TokenSale - December 15th

Make own research, collect as much, as possible infos about Dev team and go to Slack, Telegram channels. Just few steps for start.

jerowacik

legendary

Activity: 1162

Merit: 1000

Quote from: daKotajayl@12 on October 24, 2017, 02:58:19 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?

in Google you have to search one information about all coins. and also see once coinmarketcap site. it is one of the best site for showing coin price demand and stability of the coin. so you have to search in that site once. next you have to take few suggestions from your friends neighbors and others who doing coins business. then you get one clarification about that coins.in the market eth and bit coin has great demand so try to invest in that coins. and if you are new to this field choose alt coins it is best and safe.

Analyzing and figuring out as much information as possible is the only way to get the right coin. Starting from the purpose of the coin is made up to how the coin is distributed. besides team factor developers can also make different results, a good team will certainly be able to make the coin is successful to be beating on the market. if you notice then there are not many ICOs that can be successful. so choosing the right coin will determine how we will get results.

daKotajayl@12

newbie

Activity: 28

Merit: 0

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?

in Google you have to search one information about all coins. and also see once coinmarketcap site. it is one of the best site for showing coin price demand and stability of the coin. so you have to search in that site once. next you have to take few suggestions from your friends neighbors and others who doing coins business. then you get one clarification about that coins.in the market eth and bit coin has great demand so try to invest in that coins. and if you are new to this field choose alt coins it is best and safe.

Arkham Knight

full member

Activity: 532

Merit: 100

Research all the members of the team that made the coin and check all their backgrounds and if they have made a previous project that is successful then its a plus. Monitor all their progress often so you can track if they are really working hard to promote its use.

ramsdaj28

sr. member

Activity: 420

Merit: 256

اللعنة

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?

The following are my basis for a GOOD altcoin:

1.) CHEAP ALTCOIN. It is nice to buy bunch of coins/tokens if you plan to keep them for a long time. This means that the cheaper the price, the more coins you'll be able to buy.

2.) MARKET CAP OF AN ALTCOIN. Market cap refers to the total value of all the coins of a certain altcoin. This is computed by multiplying the current price of a certain altcoin to the total number of coins of that altcoin circulating in the market. If an altcoin price is $1.00, and the circulating supply is 3,000,000, then the market cap will be $3,000,000. High market cap means high potential for that altcoin's price to grow.

3.) NUMBER OF CIRCULATING SUPPLY OF AN ALTCOIN. This refers to the total number of coins of an altcoin that is circulating in the market. The higher the circulating supply of a coin, the lower the chance for it to reach its highest price. This is actually a basic concept in economics - the Law of Supply and Demand. If there's a high supply of a certain product, the tendency is that the price will be low.

4.) PRICE CHART OF AN ALTCOIN. It is good to invest to coins with a price chart that has increasing or stable (at least at a reasonable value) trend. This actually requires some knowledge about technical analysis, and is not preferable for newbies.

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

Quote from: Lanatsa on October 23, 2017, 04:17:36 PM

Quote from: sunsilk on October 23, 2017, 03:37:26 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?

I'm not going to underrate trading, I've been struggling all the time on what coins are good to buy with my money. As I always fail with the chosen coins that I'm investing.

But on my experience to choose a good coin, there should be a company that's really supporting that coins. Most of the alt coins now are just for money making for it's developers and not serious with the project.

Lookout for it's team behind it and if you think and have done enough research and consider them as legit one, invest.

Most of us would really struggle on finding a possible potential project specially there are already lots of ico do launch every now and then which would really give some hesitations for us to invest.Choosing the right one would always be the challenge.There would always comes a risk on making such move.If you hit the right project then it would be a profit if not then its a loss.Its just like that.Choosing good coin would really vary on how you do make research on its core team and on its white paper.

My experience in daily trading wasn`t successful, I lost more then I won. I traded daily with bitcoins and altcoins, and my timing in most cases was wrong, just few times I had profitable trades but that wasn`t enough to cover my loses. For daily trading bitcoin is probably the best choice, other altcoins are mostly pumps and dumps, to have good timing you need to be active trader and to be online minimum 6-8 hours I think. I don`t have so much time, that`s why my strategy now is choosing good coins with potentially great future and holding despite bad news and drops.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: sunsilk on October 23, 2017, 03:37:26 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?

I'm not going to underrate trading, I've been struggling all the time on what coins are good to buy with my money. As I always fail with the chosen coins that I'm investing.

But on my experience to choose a good coin, there should be a company that's really supporting that coins. Most of the alt coins now are just for money making for it's developers and not serious with the project.

Lookout for it's team behind it and if you think and have done enough research and consider them as legit one, invest.

Most of us would really struggle on finding a possible potential project specially there are already lots of ico do launch every now and then which would really give some hesitations for us to invest.Choosing the right one would always be the challenge.There would always comes a risk on making such move.If you hit the right project then it would be a profit if not then its a loss.Its just like that.Choosing good coin would really vary on how you do make research on its core team and on its white paper.

sunsilk

hero member

Activity: 3038

Merit: 634

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?

I'm not going to underrate trading, I've been struggling all the time on what coins are good to buy with my money. As I always fail with the chosen coins that I'm investing.

But on my experience to choose a good coin, there should be a company that's really supporting that coins. Most of the alt coins now are just for money making for it's developers and not serious with the project.

Lookout for it's team behind it and if you think and have done enough research and consider them as legit one, invest.

PrinceCaspian

sr. member

Activity: 378

Merit: 250

If you want to choose a good coin then you should do a good research because that is the only thing that will help you to search for a good coin because if there is no research then you will just random picking which is very risky for an investor or even for a trader.

djaliel

full member

Activity: 176

Merit: 100

1. find out Team, see how strong they are and know their location
2. if using ico, then how strong they promote
3. Road Map
4. Market Cap

Allan Ramanda

full member

Activity: 462

Merit: 100

if you want to invest or trade, means you must be ready to bear the risk. you can see the potential of their coin in marketcap, or you can also see in their ANN thread first. in ANN clearly visible how the potential of their coins.

vandvl

member

Activity: 154

Merit: 10

read there white paper and road map and who part of it and how to work...more coin are good but just wait for the month before to sell if you are investor...

cryptocrusher

full member

Activity: 420

Merit: 136

Trading is certainly not easy, it requires experience and knowledge. Some important things to identify a good coin are to first visit their website to get an idea of what the project is about by reading their whitepaper, then look in to their team and their roadmap to see if they have a strong team and a strong path for development. If these are all good then the chances are you have a good coin, the final place to certainly check is this forum for either their announcement thread or any discussion thread about the coin, this can help you pick up on the current vibe around the coin.

Rasel5209

sr. member

Activity: 672

Merit: 250

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?

activity is best for this. if you regularly follow other other exchanger and alt coin. you can guess who's coin is good. other if you regularly follow forum trading discussion you get regularly update for alt coin.

moonblocks

full member

Activity: 714

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3... 2... 1... Launch!

If it's ICO's you are seeking to invest in then there are quite a few websites that rate/review upcoming projects such as...

http://icorating.com
https://icobazaar.com
https://crushcrypto.com

hajimasan

hero member

Activity: 882

Merit: 500

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?

This is really a good question , In my own experience that coin is better which is available to buy at very low price than at what price was available in the past .
Here I can give the example of the Digibyte coin , which was available to buy and sell at 2700 Satoshi/dgb , but now the price of the coins about less then 200 Satoshi , so we have better chance to make buy of this coin .
In this way you can understand well about the better coin to buy or not .
Beside of this simple idea , you can see the technology , owner, team , team work , activity of team , experience of the team , economical support etc . If these are all better then surely bitcoin will get famouse much and that will results into better amount of investment in That coin .
To get better details about any coin visit at coinmarketcap.com

gilangIDR

legendary

Activity: 1526

Merit: 1001

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?

You need an analysis to determine whether the coin is good or not. But simply you can know that easily. All you have to do is look at what vision and mission the coin wants to achieve. When explanations and other supporting information we can see how the coin will compete in the future. Choosing the right coin will certainly affect what you will get later.

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