Topic: How to know which coins are good? - page 102. (Read 13318 times)
There are several indicators of the future prospects of the project. In my opinion, the most important of them are such as the high qualification and efficiency of the team, the future benefits that the project will bring to humanity.
Just do some research and read of their whitepaper.. 
if I usually see from the social media they have whether the project they are doing is bonafit or not ,, and also I see the manager in whitepaper, trusted or not, but if the coin issue is sold or not in the market depending on market conditions itself
Generally good cryptocurrency requires the following conditions:
1, the source code is open source.
2. The development team's information is open and transparent.
3. The market is formed spontaneously, not through other modes.
4. You must be able to trade freely on the trading platform.
5, must have a good application scenario planning.
1, the source code is open source.
2. The development team's information is open and transparent.
3. The market is formed spontaneously, not through other modes.
4. You must be able to trade freely on the trading platform.
5, must have a good application scenario planning.
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
Need check team, check road map and read details info about project.
If it is really project and will be released that coin is good.
At this point, I think a good coin did not exist because all the coins certainly have experienced price falls. And there are several coins that are missing and have no value. I think also there have been many who have been harmed by things like this. I just think buy coins at a time when prices are low and I will be selling when the price of coins goes up.
I think you can pay attention to supply and demand. It is probably the most important factor, but it's also the easiest to understand. Simply put, there is a limited amount of coins for most cryptocoins, and so if supply is fixed and demand keeps going up (as it is with BTC and others) the price rises. This is why we want mass adoption of the coins we are invested in, as the more people trying to buy, the higher the price goes.
I really hope that the positive dynamics will still be preserved and we will continue to observe how bitcoin grows and everything grows together with it, I think that in the near future bitcoin will cost as before, and maybe much more than now, you just have to wait and believe, positive dynamics should continue.
Read about the project, the team, what is the main idea of the project and how it is based on blockchain technology.
In order to find a good coin you should carefully study the project. It must be reliable and promising. So you need to pay attention to the development team.
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
I confused too, whether the coin you are referring to has already ended their ICO successfully and currently or going to be traded in exchange sites or the one that is about to open their Initial Coin Offering to public sale?
If you mean the latter, there are lots of things to be considered, first, is the main purpose of the coin/token why it is being created - the project behind it. If the project has been existing mainstream why there's a need to create a token for it. Next is development team behind the project is also crucial to any decision that you make. Lastly the solid community-based supporters of the project that will bring a token to the moon.
Probably the best way to know if a coin is good is by joining their community on Telegram, Gihub, Slack, Twitter, etc. and try to talk to them and reach out to the devs.
Any good coin would have a way for you to ask questions and voice concerns to devs and they will respond.
If they don't, then it is a red flag.
By doing this, you can just directly ask questions to people that matter.
You can ask about what their future plans are, at what stage of development they are at, what expertise they have etc.
Then, take what they say and bounce it off of other community members to see what they think.
You will be able to get a really good perspective on the coins future potential this way.
If you are thinking of just metrics, you should look at:
- Low marketcap in proportion to circulating supply
- at what stage is the product at (mvp, alpha, beta, already to market)
- What the coins competition is and what it does better
- what function the coin has
Any good coin would have a way for you to ask questions and voice concerns to devs and they will respond.
If they don't, then it is a red flag.
By doing this, you can just directly ask questions to people that matter.
You can ask about what their future plans are, at what stage of development they are at, what expertise they have etc.
Then, take what they say and bounce it off of other community members to see what they think.
You will be able to get a really good perspective on the coins future potential this way.
If you are thinking of just metrics, you should look at:
- Low marketcap in proportion to circulating supply
- at what stage is the product at (mvp, alpha, beta, already to market)
- What the coins competition is and what it does better
- what function the coin has
How to know which coins are good? it is very difficult to decide which coin is good. I think you should have enough time to observe the movement of exchange. Because if we don't focus on the price changes, we certainly don't know which coin is good enough.
Basically you have to research about this coin and its project from there you can visualize what the coin is all about and its projected value. Or by reading their white paper visiting their social media pages and then looking at its comments etc. So basically its all up to you.good luck and find a good coin 
In a way some will benefit from a present platform and some will not. Some will earn big and some will not. This depends on the information at hand and how well market flow is being studied. So to know the best coin, you need to have knowledge about the latest trend in market.
I know coins are good by means of checking their website, read their white paper, check the propose road map of the projects, getting in touch of their social media account and been updated on every news they issued.
Unfortunatly you can't detect witch coins would be good and popular in future so you are playing coin flip game. Sometimes you are getting lucky and sometimes losing money.
Read their whitepaper! View website, development team. Ideally the team is on LinkedIn or other social pages. Gauge the chatter in the Twitter, Bitcointalk.
For the coin to have a good future, 2 actions must be performed, the first action is a good idea, and the second team of strong developers.
all you need to do is read the whitepaper of that project.. and also read the roadmap, the details and concept of that system.. in that way you can guarantee that you can pick the good coins..
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