Topic: How to know which coins are good? - page 110. (Read 13297 times)
It is important to put the company, their technology, and product or service in the context of their target market. They will inevitably be subjected to the market and regulatory pressures of their target industries, so knowing the environment should give you an idea of what challenges and opportunities these ventures face.
Before investing in subconsolidated currencies, project analysis should be done strictly, the inspection board should be consulted and the budget should be examined. those should be invested after they are appropriate.
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
it's true there are a lot of new coins here and I'm confused to judge which coins are good and potentially between them so I just pick a coin that proves good and has potential like ethereum and bitcoin Thank You
I do not know how to find out if any new coin is good. Therefore, I choose among the existing ones and keep the bulk of my assets in the most reliable coins.
Do a research on the coins about its defenses in the crypto of its competitors, its rank, its graphic journey. Its popularity in the world, the quantity of usage. If the coin has been able to increase its price from time to time, and stay in the market even though many new coins are popping up. Then the coin can be said to have a good quality.
You should consider the innovation the coin brings. Coins, which have an actual use that is innovative, do much better than coins that are just attempting to be another Bitcoin or are trying to run away with ICO money.
Personally, the ease of use is one of the most important factors of a potential coin. It doesn't just apply to how easy it is to use the coin as a currency (trading the coin for goods/services) but also to how easy it is to store the coin. The ability to spend a coin in order to obtain goods and services will surely be more important in the future, as there are few coins that can be used in such a way currently.
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.
You had better focus on Founder's Coins. The term Founder’s Coins refers to cryptocurrency that the team behind an ICO is keeping for themselves. These coins might be sold off over a period of years, or kept by the founders as personal nest eggs. You can usually learn the number of founder’s coins by carefully reading the ICO website, the amount of the currency reserved for the founders is usually listed there or in the ICO whitepaper. Generally, the less coins a founder hold, the better.
I think you should research it by looking at how many "nodes" are using it. Node refers to a “full” client. A “full” client is a client that owns the block chain, and that is sharing blocks and transaction across the network. You want to find a coin where lots of people use it, and the market cap is undervalued, because then you have a higher chance of it going up if you hold it.
You can focus on using indicators to help you find good coins to buy. Once you find these coins, only buy into them if they are at a lower point in their 52 week cycle.
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
To know what coins are good you need to learn the theoretical foundations of blockchain and communicate a lot with experienced investors in this forum. And as you increase your knowledge of this field and gain practical experience, you will become a successful investor. Thank You
How to know which coins are good , for me i read their white paper and ensure that the project is innovative and has a good future.
I think that investing in the mainstream currency will be better. You can pay attention to some of the top 100 currencies. Some of these currencies may have currencies that are tens or even hundreds of times out of pocket, and investing in these currencies will be more expensive than investing in newly developed currency risks. Less sexual.
if the cryptocurrency meets three criteria - high-tech, practicality and reliability, then the probability of growth of the exchange rate is huge, if two is large, if one is essential to consider it as an object for investment, but additional research is required. Cryptocurrency should be traded on the market. Turnover of the currency in the top-100 is basically several tens or hundreds of thousands of dollars, occasionally the bill goes to millions, rarely - to thousands. It is meaningless to invest in a currency whose daily turnover is $ 100 and which did not just come into being.
First you should to know the all coin information. If you know then check the market price then choose the best coin and invest. All coin prices are not stable so follow the coin price in the market place every day. Market place will help to you for choose the best coin for the future investments.
first , I'll study the white paper about the coin . the feasibility of the project . whether the team is rich in experience . how long the project is progressing and how often the news is released . the total number of coin . the current price of the coin
In fact, I believe that this requires experience first of all, because you need to know what factors to take into account when buying a particular coin, and know where to take information about it. We can make mistakes many times, but we still need to learn and overcome all the difficulties, then we will succeed.
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
a good coin is a coin that has an ever-increasing development. so for the price, the coin will increase and become higher. Thank You
besides that, a good coin also has a team and members who are quite reliable. so as to maintain the condition of the coin in any market situation.
There are several factors that decide whether a certain coin is good enough. You must remember that sustainability is the most important factor above all. If the team who does initiate the project are strong enough and other important factors such as the viability of the project are also important.
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