Topic: How to know which coins are good? (Read 13297 times)
I just search which is listed on top exchange like binance or bittrex. Now in this market I don't invest in any ICO project. But sometimes other coin has good sign, there is no way to find good coin
Personally, I usually invest money in reliable and proven in the market coins, which have confirmed their stability and success. Therefore, I work with coins that are already in high demand. When working with new coins, I always study whitepaper, information about developers and further perspectives of the project.
Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
Its a lot of choices and its true, but i believe we sort of have our own believe and i do think the only way to invest your money is by doing your own research and gather as much as you can the information related to cryptocurrency and information about the coins that you like to invest. It does takes time but its worthed.Thank You
It's pretty simple, you need to check the presence on any exchanges if it is there, then you need to analyze the trading schedule, capitalization and other aspects, and only then make decisions
Well it could be a point but sometimes the team could pay the good exchanges to list them and doest mean that they listed on some good exchanges that means they are a good project and have a good future, there is a lot of things need to be consider and everything is matter.
Always before investment it is necessary to study the prospects and development potential of a specific project. Including be sure to read the information from the whitepaper, data on the developers and technology of the project to ensure the benefits and prospects of cryptocurrency.
It's pretty simple, you need to check the presence on any exchanges if it is there, then you need to analyze the trading schedule, capitalization and other aspects, and only then make decisions
You can read the white paper, see the roadmap, follow the development of the project. If the team fulfills its promises to investors, this project can be successful in the future.
The main thing that is needed now for the success of a project is the support from the community & a strong team and partners.
Of course, the idea must be original and attractive, and the product is in demand.
The white paper should be well written, there should be an interconnection, live communication and synergy between the team and the community.
Sometimes one glance at the white paper is enough to understand the project, but sometimes it is necessary to properly study the various nuances.
Of course, the idea must be original and attractive, and the product is in demand.
The white paper should be well written, there should be an interconnection, live communication and synergy between the team and the community.
Sometimes one glance at the white paper is enough to understand the project, but sometimes it is necessary to properly study the various nuances.
My advice, there are many opinions if you want to follow the bounty at the ICO that released a new coin. You have to see the developer, whether the developer succeeded in the previous project, usually the team that successfully launches the new coin will make the project again which is certainly more prospective
I always pay attention to the project itself and to its product, if a project is developing as well as a very large number of people actually use this product, then I think that this project can definitely get serious success.
When choosing a coin, you need to look at several factors at a minimum - how experienced is the development team of what product do they have and try to understand whether this product will be relevant
Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
Thank You
Even the most in-depth analysis of the project does not insure you against losses. At first glance, the project may look great, but in the end it will turn out to be a fraud. Of course, there are riskier projects and less, but any of them may turn out to be a failure.
Examine the site of the coin, the team, how much was collected on the iso. Which markets are present and what is the volume of trades. Based on the data obtained, make your choice.
To answer this question you will need to wait a minimum of a year. Then you can accurately answer.
Now to know good coins is also a difficult prediction. Because we need more time to monitor their activity and development. Reading white papers, analyzing and research can only be objective but in the long time will difficult to review.
A good investigation will show if a coin or an ICO is legit or not. Try to take four or five hours to read the whitepaper, to research the team and developer members, to check the stats on rating websites, and to look at the tg community.
To know which coins is good, it is better to check the system and platform that they have. You can study cryptprojects, read white paper, study a road map.
Basically, this is luck, all crypto projects promise a beautiful and promising future, but in fact only five to ten percent can boast of their results. The rest did not achieve anything.
not all Crypto projects will succeed and not all are good, in my opinion, it all depends on how it works and its capabilities. beforehand you know in advance about coins, and find out more deeply or you ask people who are experts. not all new coins are bad and not all will be profitable, so be careful when choosing.
Basically, this is luck, all crypto projects promise a beautiful and promising future, but in fact only five to ten percent can boast of their results. The rest did not achieve anything.
There are many different ways to find out there good coins. First of all whitepaper, threadsheet ,project team members & performance about projects etc
So, is there anyway to know which coins are good?
I always look at several factors: how is the coin supported? (exchange, finished product, etc.), what is the capitalization? some hype around it? and activity in github, of course. Jump to: