Topic: How to choose good coin!? - page 8. (Read 10166 times)
In order to choose a good coin for the investing, you need to first decide for how long you are going to store the tokens. After that, already choose a project, study white paper, get acquainted with the team, see people's feedback about this project. Also it is necessary to pay attention to the amount of collected funds on ICO. Well, in the end you need to listen to yourself and buy. Good luck and x’profits
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?
choosing the right coin is always needed because it is your money that depends here. So we are talking here about alt coins which we know that most of it are copies of bitcoin trying to rise. Well, not all coins that do not pump or got a high price is scam, it just did not succeed so basically, all participants will not gain that much and if you invested on the so called 'shit coin' then you probably lost what you invested. So to prevent these from happening, you can check for the ico's background and the replies from fellow bitcoiners. You should also seek for their development team and their background in the field, if their past projects has succeed then you can assume that this coin is worth investing to.
The best thing to do to determined whether the electronic coin or virtual coin in the market are good to invest is to relay from the feedback of the investors because they are the one who will provides you assurance to invest.
First of all you should select any stable coin that those coin were in dumping moment right now. but you have to make sure the safe zone of those coin price with analysis from coinmarketcap.
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?
Checking if the coin is good is just easy:1. Check market cap of the coins you choosed.
2. Look for the developers behind that coin and check their background about their previouses projects.
3. Look for the projects of that coin and check if that is legitimate and not a FUD.
4. Read their whitepaper.
5. Check the chart of the coin and learn reading candlesticks.
But trading are not so easy you need alot of Patience, Knowledge and Experience before becoming successful.
All coins have their risks, capability and own idea. If you select it to read the whitepaper, project concept, the road-map is important. Check if there a lot of contributors involve of the bounty signature. The best this way is valuable to any person who is exciting on investment in cryptocurrencies. In view, a good coin has a large amount of supply and demand of it in the marketplace. I just want to approximately that not all costly coins are successful.
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 think that to be able to choose a good project is extremely difficult, requires hard work, thorough and always observe observations of market information. You need to find out all the information related to the project you want to invest. You need to know who the development team is, what the project is using in practice and whether the project has specific plans in the future or not. There is a lot of information you need to know before making an investment decision.
we can visit the official website of the coin and see if there is always a new update from the developer for the coin or maybe the coin has a community like discord you can see in the community and rate this coin is good for investment or not
Try to choose a coin with at least 10,000 USD trading volume. it's shows that the coin has already been traded and there’s a certain percentage of the network that believes in the coin. If a developer is releasing a new cryptocoin, there should be a history behind that person.
Find a coin form top 10 by marketcap. IT's the best for invest. Give time to grow them & you will get good profit. IT's the safest way.
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?
Think of this as a new and extremely complex market, which can be seen that bitcoin prices are volatile and intermittent, unpredictable. So to be able to choose a good project you also need a lot of factors, you have to always find out and monitor the project, in addition to the project development team is strong or not, the project you intend to invest What does it have in life? What is its development plan? There are a lot of things that you have to consider when joining a project.Good luck
The good coin is that which is easily acceptable everywhere and has normal elasticity of demand and supply if a coin has limited supply that is good. For a good coin it is also keep in mind that if a coin is legalized in a country that will be easily used for transactions. If we look at the bitcoin it is highly famous now and used easily for many transactions now it is also used for online purchases of games etc.
In my own personal experience here in the cryptocurreny.
In choosing the best company for investment, you should always based on the feedbacks of the investors; if these investors has a nice review then the company provides a excellent service.
In choosing the best company for investment, you should always based on the feedbacks of the investors; if these investors has a nice review then the company provides a excellent service.
You may conducted a research about the companies background and feedbacks to have a knowledge our idea from this company so that you can choose the good one to invest.
All coins which have good growth or have grown them it isnt necessary to buy, it is necessary to learn to distinguish coins with a potential. Or those coins on which the course has fallen, but they are perspective. Only it will help you to get decent profit
To choose a good coin you need to determine your goals. Weather you want to invest for long term or short term. Than you need to observe the historical data. You can also choose a coin based on their acceptance in various websites or excahnger.
these are t basis. for you to know what coins will be a good a good buy.
Market Cap
Team Behind the coin including investors
Volume
White Paper
Road Map
but I highly recommend that you study the movement on the coin in market. this is what I do to gain money from the coin that I believe having a potential to grow
I think the information you give is very interesting when choosing a project to invest. But I think you still lack a very important thing that is the development team is talented or not, enough experience or not. I believe that is very important, if the DEV team is experienced, then I am confident that the project will be extremely great and will grow steadily. Market Cap
Team Behind the coin including investors
Volume
White Paper
Road Map
but I highly recommend that you study the movement on the coin in market. this is what I do to gain money from the coin that I believe having a potential to grow
If it's an ICO, check below:
-A good team with solid targets.
-A good White paper.
-Official company registration in a serious country.
If it's not an ICO, check their history and business plan. Check the size of the community support. This will help.
This is what I always check the team background, whitepaper, their social media to know more updates of the team. We should know the team's possible plan for us to verify what they are capable to improve the project of their coins. -A good team with solid targets.
-A good White paper.
-Official company registration in a serious country.
If it's not an ICO, check their history and business plan. Check the size of the community support. This will help.
If it's an ICO, check below:
-A good team with solid targets.
-A good White paper.
-Official company registration in a serious country.
If it's not an ICO, check their history and business plan. Check the size of the community support. This will help.
-A good team with solid targets.
-A good White paper.
-Official company registration in a serious country.
If it's not an ICO, check their history and business plan. Check the size of the community support. This will help.
It takes experience before you start to evolve the skills necessary to recognize a good coin. People here have listed a lot of details to look at, but I don't think it is only that. Timing is also very important - one which is a good coin one year can be a bad coin in another year or vice-versa. You have no chance than study, study, study, spend hours, days and week researching - that is the only way in which you will become able to choose "good coins".
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