There are alot of ICOs out there, identifying the good ones isn't has challenging as people think. There are certain factors that I look out for.
The purpose of the project
Is the tech attainable
A working prototype
The team.
Topic: How to know which coins are good? - page 107. (Read 13318 times)
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
You need to have enough knowledge of the kind of industry they are focusing with their project. It is only with this that you understand the vision and goals of their project and the specific problems they are trying to address. With this, you can go to their whitepaper and take a careful review of the details. Please also consider their existing strategic partners. If they have several highly trusted ones then perhaps that is a positive point. Take a look at their team members and advisers as well.
We can know the good coin from the coin price if the price has reached the price of ico then the coin is good and see the development every month should rise.
A strong team, constant news and good prospects - this is another key to choosing a coin for long for your personal portfolio. Also I want to note a few more important criteria: the presence of wallets, on the computer / phone; the network speed of the coin block (transaction speed within the network); commission when sending or their absence; number of users / installed purses.
Try to read their white paper. Who's the team behind it. What is the purpose of the coin and technology behind it. You can also consider the coins supply. Do your own research first before joining any ico.
You should also study if the coin has a market and demand, if it has market capitalization and is liquid, so it is not hard to cash out and fix your profit
Read the whitepaper, that's all you need. You can judge are the Coin good or not with read the whitepaper. Just visit their website and read their whitepaper.
You need to learn to find out the worthy coins, you have to look and read whole whitepaper, look at the team behind the project, its concept, analyze the market gap and more more else.
Doing research is really a big help. Check the team behind the team, their road maps and read the white paper if the products are unique and has an edge on the market. You can check also their social media if they also have an upate and if theres a lot of people supporting their project.
By doing hours and hours of research compiled through bitcointalk, social media, and wherever else you can get information. Information is key and the more you have the better decision you will make!
For me all coins are good but they differs on the value price that that is so large and other is a small quantity.Cos in crypto iss different from the coins of our country and I'm so impressed.
Try to read their white paper. Who's the team behind it. What is the purpose of the coin and technology behind it. You can also consider the coins supply. Do your own research first before joining any ico.
now you just need to find out which coins are good and promising. just open the forums of various sites, which is a rating of the cryptocurrency. take an hour to figure it out.
You can go to some professional digital currency assessment websites, and some experts have ratings for coins. My personal view is that if you want to invest in a coin, you must familiarise yourself with the project, understand the progress of this project and how the team members work.
By checking which coin is top listed or trust to the coin that many people are also trust believe to it, or study the coin you want before you buy that coin, also it can help you if you know someone have experience to that coin you want, so you have reference about it if its good coin or not. I suggest trust only to the coin which many people experience a good progress of their coin so you can also trust to it, or i suggest try to buy Ethereum this coin is one of the best altcoin, surely you will never regret to but it.
You can go to some professional digital currency assessment websites, and some experts have ratings for coins. My personal view is that if you want to invest in a coin, you must familiarise yourself with the project, understand the progress of this project and how the team members work.
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
Read the whitepaper and roadmap, check what is the uniqueness of the product they are offering. Background of the team member and advisors. Very important to know if the team can handle project they are offered.
#Vanig Support
Not a bad project, but the capitalization of this coin is overstated for investment today. There are more promising projects.
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
Read the whitepaper and roadmap, check what is the uniqueness of the product they are offering. Background of the team member and advisors. Very important to know if the team can handle project they are offered.
#Vanig Support
Knowing which coins are good are not as hard as they seem really because just a little bit of research can help you uncover the information that you need to check if a coin is legit or not. Start by reading their whitepaper, I know a lot of people don't do this but it is a very good way to tell if a coin has a future or not
The first criteria is choosing the project which is unique and have the proper usage for the benefits of users in the future. Spending enough time reviewing the whitepaper to get idea about the project and the dev team itself. Observe wether the team are active during the process by checking their updates in social media.
Read their whitepaper!
Yeah. That simple. You look at how unique their project is and how the community would benefit from it. Then next is the team behind it which is really important if they're legit or not. And you can add a little bit of extra research about it.Or you can check its market value and its chart history, you can easily track its progress and the volume of its market. I also usually check its trade volume from different platforms including its past months just to see if its market is circulating well and being invested on by a lot of people.
first , read its white paper . study the feasibility of the project . learn about its team . if it is a quality project , its team will demonstrate their technology . if it is a bad project , the team will often say that the price of coins will increase rapidly and urge you to buy coins as soon as possible .
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