Topic: How to choose good coin!? - page 41. (Read 10166 times)

People are now more interested to start online businss, or even to convert their business to online, for this purpose they launch an ICO through which they want to get the contribution of poeple, In fact people consider ICOs as more beneficial, because trough ICOS they can get some extra income, but still there are some scam ICOs which can only take your money away, therefore it is too much important to have good study about the ICO where you want to invest your money so as to reduce the chances of losing your money.

It's hard to get a good coin and hold on to it. Lots of aspects and factors to come to a conclusion that it is a good coin.

If you want to invest in ICO projects, then you will expect to read the ico white paper and find out what the projects really stand for. I have also try to look at the teams of every project I want to invest in. However to buy any altcoins I do study the historical data in other to find out the past performance of that particular coins. Technical indicators show to you how a coins has been behaving and the prospect the coin has in future.

You have to check everything with it, it background, the investors feedback and how long does the coin lives? Does the project still developing and having a good progress?
If so, invest on. But most and on top investing coin is nothing but bitcoin alone. Some might just pump and dump.

Based on the number of users of that coin and it's availability and how accessable it is . While I was finding stuffs about cyrpto currency I came across a video which said that dogecoin is the more underrated cyrpto currency and some region uses it Mainly. So dogecoin can have a good future . Well I don't know about it properly but you can definitely try to research about it

You're right, the money bags usually the first to corner the early bird advantages of investing in those top coins and the less stable coins are riskier because their small capitalization is an opening for market manipulations. When you are choosing a coin, and it has been premined to a large extent, be aware the developers may have skeletons in their cupboard.

it is commonly because maybe they not feel loss yet, and only wait if their coins get down. they don't know how to analyst chat or even see which coin that rise in future

For me trading is not easy, Because sometimes we need to risk in unknown coins  to have a big money, the top coins isn't much profitable especailly having not enough big balance to make it. You need to know more further details in a coin , its use, projects or roadmap and then the community.

Yes, everyone will always say go for the one with the highest market cap, the one with highest price and rating (not really highest) and the rest of the good stuffs. Okay, what about those that got into that platform first– for example– those that got into Bitcoin first, did they consider all these things we are considering these days?

I don't think so, and i don't know the logic behind this to say it challenging as hell. i think trading is just fun if you enjoy doing it. if you just take it to earn money or to be millionaere in no time then i think you are true that it will fuck you up like hell. i think according to my experience it is just fun and enjoyable to me. i like to see chart of the altcoin day by day and it is really interesting to me. i enjoy the up and rise of the coin and predict their future by seeing their previous performance.

i add few items that seems to have been missed
Emission coins per month/year, annual if that exist (lower - better)
Parity total coins/circulating coins

Who said that? Not all of us are having an easy job for trading. Just because it is simply buying, holding and selling so they are considering it as an easy thing? It's a no for me.


Picking up a good coin is quite a difficult thing to do, you may not know if that coin does really have some edge in the future and if their developers are really up planning to make that coin great.

Whitepaper, roadmap, team(developers), the project itself.


You can read their website, their ANN thread here in forum.

firstly i search all team members by one by and if the team is ok, than i checked the project and road map, join slack and telegram group and watch the community. if everyting seems ok, i am in

Yes off course I agree with your opinion that trading is not easy as people are thinking about them but it need a lot of experience and technique and a lot of patience also. So if you are interested in trading in coins then you should choose that coins which have a good past and excellent present condition. If you choose such a coin then off course it is more expected that you will get more profit from such a coin

Once you find a project that you are interested go and check BitcoinTalk thread, it's a good indicator how many other users are interested in it and what they have to say about it, reading comments can give you some valuable information too. Always go to their website and read all available information, white paper and road map. If you have any questions don't hesitate and contact support staff, don't be shy - good project will reply to you always, and should answer all of your questions. This can be done via email, Facebook messenger or Telegram. Good team must have at least couple of good devs, I know only one coin that is successful now (after 3 years) and start with only one dev. Once your coin is listed on Coinmarketcap you can check where you can buy coins/tokens and on which exchange. Total coin supply is one of most important factors that will indicate future price. Keep this in mind. You can always check historical data on coinmarketcap > tools.
<100 millions - Ideal
<200 millions - Very good
<400 millions - Good
<800 milions - OK
above 1 Bilion - you must stack a lot of coins to gain good profit in future. Price will grow slower.
It easy to predict that coins from Top 25 are far more stable, and safer to invest than some projects above 100. More exchanges coin/token is listed wider exposure for investors keep this in mind. 24h volume shows you if exchange A is better to use than B - higher is better. Visit YouTube and check what other users say, there may be only one review, maybe is more. Read comments and check views counter. Once you chose project you like - join their community and stay active, ask if you have questions and try to read what other users say. Coinmarketcap charts can be helpfull if you ready to buy to choice right moment. Generally when Bitcoin price rise other crypto is down, this may be good time to buy. You should have diversity in your portfolio, in case something goes wrong with one of your investment. Be patient, dont let emotions take over. Invest small first, amount you can lose, once you see is the right choice try accumulate on dips. Make sure coins are safe in wallet, don't leave them on exchange and use strong password. Have encrypted backup of your wallets, keys and passwords. VeraCrypt is good choice.

There are several things I do to pick coins to trade. I’ll list a few of them as follows:

1)  Listen to advice on message boards but realize that not everyone gives good advice.
2)  Look at the market cap and mostly focus on coins in the top 100
3). Look at trading volume on exchanges and focus on coins that have heavy trading volume
4). Read about the coins you find interesting and find out their purpose and advantages over other coins. Also find out who is developing each coin

If you do all those things, you should be able to find a handful of good coins to invest in and to trade.

It's really difficult to do, especially when there is a big variety of different coins. Learning the all information about the coin can help to make a choice.

what about how we choose good ICOs ? any recommodations thanks.

This is true, when you try to read up on everyones comment they would commonly say that select the good coin but knowing this stuff would really be the challenge at all because on knowing or counting the number of altcoin in the market we would really be confused on which one would be the right one but heres the actual thing and this is the way i do always.Check the whitepaper,roadmap and the skills and experience of the dev team.This is usually the thing i do seek first before investing.

Actually mate this I will tell you, aside from bitcoin, it is hard to look for a very good and well developed coin now since there were lots of pump and dumping coins it is hard to look for legit one.
anyway all you need to know is their background
if they are managing tgeir coin for long already
look for investors feedback.