Topic: How to know which coins are good? - page 141. (Read 13320 times)
Read their whitepaper and look at their website to see if we can benefit from the project and if the community will support it. Also the Dev team and the manager as well.
There are a lot of good coins on the market which are undervalued: MinexCoin, VeriCoin, VertCoin. Personally, my favourite is MinexCoin. Strong community support and their vision seem really solid and it is gaining ground. Plus it is still a small-cap so some good gain potential. Passive income is the best feature!
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
If you do not want to take too much risk, I would advise you not to pay attention to new coins at all, and to buy coins that are already stable and have a certain product, since most new coins are scam Thank You
my answer is so simple , You should read their whitepaper carefully, then learn more about the history of the project managers. And you should ask the opinions of people you think can be trusted and double check the company and also the team back ground of the company you also study of what is the use of this tokens of coins in the future.
Many coins are there in market,every coin is based on a complete set of project,vision,a clear road map,good developer team,proper fund for that project,time framework (Short term/Long term),marketing skill to promote the idea,response of community.Analyze these things and observe trends of that coin for some time and when you are fully satisfied go ahead and invest with full confidence.There may be other factors as well depend upon everyone experience.
You should read their whitepaper carefully, then learn more about the history of the project managers. And you should ask the opinions of people you think can be trusted. 
of course they change according to what you want, of course, every day the new ones come almost and it's hard to trust all of the popular ones I recommend you to research too and read their whitepaper
How to know which coins are good?on the basis of all coins it is good but to know more precisely and its detail you should see data about the coin, by looking at the speculation of coin prices on the market and see the coin support from the banking and government or state.
Well not mentioning the price of the coin, I could say that you can tell their value by reading their product as well as the vision and mission of the developer. It is always to read the white paper or if you do not want to do that then better watch the video they present on their website.
You should do some research on the team and the purpose of the project, I think these are the places that we can find this kind of information:
1. The company website
2. Competitors websites
3. LinkedIn
4. Facebook
5. Google
6. Ask their community (Facebook Group, Telegram Chat or Discord Group)
1. The company website
2. Competitors websites
3. LinkedIn
4. Facebook
5. Google
6. Ask their community (Facebook Group, Telegram Chat or Discord Group)
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
Yes it is very important that we know the project in which we want to deal so you should read the whitepaper of the company and make some research about them on social platforms to know their activity with the participants which tell it is legit or not.Above all know the project team behind the project. Thank You
Looking for a good coin is quite a difficult job if you do not have any idea of it
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
To find out the coin will shoot in the future or not, I do this:
1. I read carefully the document
2. Then I look at their site
3. I also pay attention to the project team
4. I look at social networks. Active or not they, and how many participants there are
I adhere to these four rules.
No one can outright say which coins are good, some coin might scale through the ICO and later when to exchange the price will depreciate. what i just believe is that if you as an individual you developed an interest for a particular coin why not invest in it and wait to see the outcome.
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Just take a look in the development team of the coin. Thoroughly researching the team members leading the project, particularly those responsible for making decisions, is also critical. What is their expertise with cryptocurrencies? How much relevant experience do they have, particularly with blockchain? Are there any red flags concerning their credibility?
Yes I agree, it is important to understand the background of the team leading the development of the project. Are they mostly engineers and do they possess relevant backgrounds? Look for LinkedIn profiles, Twitter accounts, Medium accounts, and anything else that can provide information on their background and how long they have been involved with cryptocurrencies. In general, having more experience with cryptocurrencies means that the team will be familiar with what is already available and what potential there is to improve on the existing offerings.
Coin must have a great technological background and the technology must use all the best features of Blockchain. If it is usable and ready-to-work, then a coin won't get cheap.
one easy way is to buy coins that already listed on large exchanges or some main coins that is on top of market cap, otherwise we should do our own research or follow some people that know coins well, but its of high risk
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
As there are many coins around, I am sure that it is confusing, if not, borderline difficult to choose where to invest in. As you also know, anything in this market has the potential to rise and to fall in seemingly an instant, thus, you should be good at identifying which tokens you should take notice of and which ones you should, on the other hand, stir clear of. I think good indicators are how the coin is accepted in the market, if many people transacts and deals with it, then that acceptance is a good sign that the coin is good. Also, check those that have a high marketcap, having that means that more people could be able to hold that coin and to use it for transactions. Lastly, check if the developer of the coin has a steady plan to help boost the coin's value, if they are active then that is a good sign as well.
Simply double check the company and also the team back ground of the company you also study of what is the use of this tokens of coins in the future.
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
Yes, there are lots of coins out there, I know it's too hard to find wich project or ico is good. But usually, I carefully read there whitepaper and do some research if it's legit or not. Thank You
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