How to know which coins are good? - page 140.

Hektur

member

Activity: 271

Merit: 10

Quote from: rfcdejong on March 04, 2018, 12:27:14 PM

How do assess the prospects for the project?
Firstly, I analyze whether the given project solves the actual problem or it is the fork of any coin.
Secondly, I try to assess the feasibility of the project, the reality of the timing and amounts.
Thirdly, it is important for me how well the documentation is written, how detailed the mechanisms for solving the problem or achieving the result are described. I also draw attention to the stage of project implementation and partners who support the project. If in the aggregate for all these parameters the project get a positive evaluation, I will invest.

Yeah that is true, the main thing is, if the new coin solve some problem, some real problem, but there are many ICOs which have same solution for the problem, for example blockchain ID verification solution by these companies: THEKEY, VERIME, KYC.LEGAL and many more. Which one will be successful? Could all of them be successful?

rfcdejong

hero member

Activity: 798

Merit: 500

How do assess the prospects for the project?
Firstly, I analyze whether the given project solves the actual problem or it is the fork of any coin.
Secondly, I try to assess the feasibility of the project, the reality of the timing and amounts.
Thirdly, it is important for me how well the documentation is written, how detailed the mechanisms for solving the problem or achieving the result are described. I also draw attention to the stage of project implementation and partners who support the project. If in the aggregate for all these parameters the project get a positive evaluation, I will invest.

Nikkolodeon

member

Activity: 98

Merit: 14

Well I suggest you must do your own reasearch, look for their whitepaper and what are the benefits you can have if you have their coins and what can it do to the invironment, simple as that. Because if you will just base on the charts alone, you may lose your money because you don't know the company you invested in.

iigor

full member

Activity: 434

Merit: 105

First thing you do is research the coin. What is the purpose to be build? Who are the team members? Are they well known, do they have any history? Then you check the community. You collect all the information and form a decision is the coin worth investing in it or not.

btc.xbt.btc

newbie

Activity: 51

Merit: 0

Depends if your objective is making money to contributing to technology. If it's making money mainly look at the marketing and hype around the project. Look at the founders, the projections, currently collected funds and market cap. If it's to contribute to a technology simply look for a project you believe in and read the white paper.

makladun

full member

Activity: 406

Merit: 100

If u r planning to invest first u should well conversant with base information: yeah, u have to familiarize with proj`s white paper and add up ur own opinion about the project; view the team (u need to chech developers, advisors, main faces etc..); What project planning (strategy), whether they would be able to take finances for growth or not; compare several worthy selected by u coins... thats all information that helps for someone to decide whether his investment is going to succeed or its unlikely.

MCVXYZ

member

Activity: 630

Merit: 24

Quote from: Family2930 on February 11, 2018, 09:22:13 PM

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

The main factor to define which coin is or will be good/valueable in the future is to understand Is it useful or unique in its work or not,but its not enaugh,you also need to understand if there are a lot of analogous coins,because there are a lot of copy shitcoins and this is a determinant of coin's future,for example if there is a litecoin why will people use and start buying a new coin which has the same possibilities? logically there will be no demand of this coin therefore the price will not be good and profitable for you.

andra73

member

Activity: 430

Merit: 10

terra-credit.com

I usually look at the altcoin movement and see the history of the altcoin transaction if it exceeds the ico price and when I see the price is going down then I will buy it.

maman09

sr. member

Activity: 560

Merit: 250

Quote from: Family2930 on February 11, 2018, 09:22:13 PM

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

first of all you should seek knowledge first about crypto. Furthermore, every new altcoin enters the exchange, you investigate one by one. if that's possible for you to be careful
size in the level of research and analysis is quite time consuming. you should do that if you really want to try to invest.

BogdanTI

newbie

Activity: 71

Merit: 0

A new exchange is about to be online on 5 march 2018 , with demo working right now. It's bitpaction.com . Their own ICO is BPS.
Maybe you can take a look on their site and program. Looks very promising in my opinion.
All this started from the idea of a special crypto exchange.
I just looked at their whitepaper and their token sales conditions and bonuses and seems to be a good investment.

bitor

member

Activity: 210

Merit: 10

You need to know all information about the project, wich this coins supported. If the project is't scam, then coins will be good.

airdrophunter

full member

Activity: 434

Merit: 100

The Exchange for EOS Community

I think coins that are already in the top 10 are really good because it's not really easy to reach the top 10. With their market capitalization on display, we can easy compare how they top other cryptocurrencies. It's the market capitalization that's giving me an idea if a particular coin is good or not.

anavir

member

Activity: 350

Merit: 12

Quote from: feny.blackpink on February 11, 2018, 10:00:33 PM

A coin which is consider as a good coin is the coin that has many user.
you can see it on the market, if the volume is big, there is a chance that coin a good coin

yes it is true.. the coin who are in demand are the good coins...practically who will use or buy if that coins are nit good? also search their white paper too because you can find it their what coin is good

ThompsonUI

newbie

Activity: 10

Merit: 0

The market for crypto currency is likened to the stock market. to know the good coin one needs to look at the cryptocurrency market capitalization in order to know the good or better currency at any particular point in time.
the Market capitalization, the volume, the price and the supply will go a long way in helping one decide the good coin. the rate of change measured 24 hourly will also help to determine the good coin. the lower the volatility the better the coin.
So far, i think bitcoin is the best.

Memeicomel

full member

Activity: 448

Merit: 100

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: Family2930 on February 11, 2018, 09:22:13 PM

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

nowadays there are many coins emerging. and not a few of them are just a hoax. so we as a coin user must be careful and careful when choosing Altcoin to be purchased. usually, a good coin that has a lot of devotees, and has a stable development.

Bitcoincole

full member

Activity: 504

Merit: 102

Quote from: Babyfaceless on March 04, 2018, 07:28:43 AM

First thing I look up to check how good the coin is the team (development and advisors) involved in the coins. Then if they're legit, I look at the sustainability of the project through their whitepaper.

Having a lots of coins in a cryptocurrencies today people will undecided what is a good coin to be invested. So first we research them at there whitepaper because all the latest status are there were the volume of coin invested has been in a market including the people behind the project are good and well known investors.

jhache

full member

Activity: 518

Merit: 100

Quote from: nata777 on March 04, 2018, 06:02:39 AM

Quote from: Family2930 on February 11, 2018, 09:22:13 PM

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

Cryptocurrency is all about risk taking but you have to be careful and thorough when considering investing in coins, especially the new ones. they might not be as profitable as their white papers ,promise. some might however be worth it,. coins with possibilities of success are characterized by;

1. Informative Website- if the coins website contains adequate information about the project from its founder's details to their reserved token shares then its worth having a closer look .

2.Reputable and experienced Team- the development team behind a coin is very important as the experienced ones keep coming up with other successful ideas as they know what the market needs are. an experienced team is a strong indicator on how serious the coin maybe.

3. Detailed Road map- a reliable coin will offer a detailed explanation on the development stages the coin intends to take, financing plans and set realistic goals.

Babyfaceless

full member

Activity: 322

Merit: 101

First thing I look up to check how good the coin is the team (development and advisors) involved in the coins. Then if they're legit, I look at the sustainability of the project through their whitepaper.

Hektur

member

Activity: 271

Merit: 10

ICOBench is good for quick research, there are really good professionals from this field. When ICO receive 4+ rating - there is 80-90% chance that it will be good ICO.
How many of you read whitepaper? Whitepaper with 40 pages are really hard to read, for me, when I invest in many ICOs...

Alisa_Krab

member

Activity: 266

Merit: 12

You don't know in advance... But you can read their whitepaper, read about it in forum/ telegram/ any media, check their team and rely on intuition

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