Topic: How to know which coins are good? - page 143. (Read 13320 times)
The best way is to see which is good and which is not - is by evaluating practical value of the coin. Which problem does this coin fix? Is it practical for use? Are there other and better coins with similar purpouse? If you answer these questions then you have an answer.
Usually i carefully read the whitepaper and check who's on advisors list and the dev team
Totally agree with you, but also depends how long the coin or token on the , market. For me, SibCoin is one of the best, becose it quite long on the market, have a very good team and they follow their road map which in the white paper.
It's always good to look at the team behind the coin, the value of the coin, community and feedback from the society, it all makes a good coin
Which coins are good? You need to study the coin. Go to their website, read it, read the Whitepaper, go to Youtube and watch some videos of the coin/AMAs/etc, search the coin in Twitter, go to Telegram and participate in the conversation...
What makes a good coin?
-A real working product (some coins only have ideas on paper, but not working product)
-A real use case, a good solution to a problem, a good idea
-A good team (experienced, talented, etc)
-Good advisors (they will orient the team on the right direction)
-Partnerships - if they are working with known big companies
-Investors
...
Not all these need to be checked, but usually the more the better. Check succesful coins and find why they were succesful. BTW: sometimes some coins were "succesful" because of marketing & hype (two qualities not in the above list) - but they are not good coins, and in the end those usually fail.
What makes a good coin?
-A real working product (some coins only have ideas on paper, but not working product)
-A real use case, a good solution to a problem, a good idea
-A good team (experienced, talented, etc)
-Good advisors (they will orient the team on the right direction)
-Partnerships - if they are working with known big companies
-Investors
...
Not all these need to be checked, but usually the more the better. Check succesful coins and find why they were succesful. BTW: sometimes some coins were "succesful" because of marketing & hype (two qualities not in the above list) - but they are not good coins, and in the end those usually fail.
It seems to me that everything depends on how much this project has perspectives, today there are a lot of projects, on all sorts of unnecessary topics, for example bars, alcohol, whores, none of this can last for a year in the crypt world, so choose the project that will have prospects.
There is no way you can determine if the coin does really have the potential to grow its value or none. The best thing to do is read the platform because most of the consumers are investing due to a very good road map that has a high chance of becoming successful in the future.
Some of the important point that needs to be noticed to find good coins are
Total Coin Supply
Idea Behind Project
Team
Technology
How unique Coin Is
Total Coin Supply
Idea Behind Project
Team
Technology
How unique Coin Is
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.
It is not easy to assume which coins are good but you can analyse some important points like deeply study of the whitepaper, project and product of the company, road-map of the company, Development team behind the project and website.
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
There are too many to analyse them all in depth. I would say look at a few ICO analysis sites as a first step, ICO Bench for example, and maybe some respected YouTubers. This will help to highlight maybe a few dozen possibilities. From there you can do a quick study of them to see which look superficially promising.. and then these few look at in more depth. Basically I think it is a series of refinements with increasing attention at each step.
First of all I read the white paper, and find out what the use case of the coin will be.
You should well conversant with following information while your are planning to invest
1.Read the white paper of the project and analyze that whether that is feasible or not
2.Development Team also matters a lot,Experienced developer,check everything on their website.
3.Marketing Plan for that particular project,whether they would be able to draw attraction of the investors or not.
4.Market capitalization
5.Funds Strategy
6.Conduct complete research on different coins
I think after recapitulating all above informations its very easy for someone to decide whether his investment is going to succeed or going to fail.
1.Read the white paper of the project and analyze that whether that is feasible or not
2.Development Team also matters a lot,Experienced developer,check everything on their website.
3.Marketing Plan for that particular project,whether they would be able to draw attraction of the investors or not.
4.Market capitalization
5.Funds Strategy
6.Conduct complete research on different coins
I think after recapitulating all above informations its very easy for someone to decide whether his investment is going to succeed or going to fail.
There are many good coins.( top 10) You need to study the project and study the idea of the project and take a look of team and advisor and do research about their portfolio also
To know whether the coin is good for future or not always do the following before investing:~
1. Read the company whitepaper carefully to get every detail about it.
2. Research about the team handling the project.
3. Get to know about the people who are investing in it already.
4. Clarify that whether the company is trustworthy or not.
5. If then also you have some query in your mind either use google or BITCOIN talk to clear it.
1. Read the company whitepaper carefully to get every detail about it.
2. Research about the team handling the project.
3. Get to know about the people who are investing in it already.
4. Clarify that whether the company is trustworthy or not.
5. If then also you have some query in your mind either use google or BITCOIN talk to clear it.
I have 6 factors to consider before making an investment decisions:
White paper
Team
Community
Progress
Competing Tokens
Funding Structure
White paper
Team
Community
Progress
Competing Tokens
Funding Structure
I think you should consider whether the coin has an open cap. This means that there is no limit to the gathering of funds – which can result in the coin eventually losing its value in the future. This is similar to the concept of dilution in the financial world. As more and more tokens are issued, the investor’s share diminishes in value.
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
There are a lot of factors here, but the main thing is whether you yourself believe in the idea of this coin, if so leave it, if you consider the project unpromising or unrealistic then sell it Thank You
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?
It is true that many new coins appear now. I'm sure not only you are confused choosing which coin you want to use. I advise you to choose bitcoin. besides its good value Bitcoin has also been trusted by many people about the security and the results given.
You're right there are so many coins now and claiming that they are better than bitcoin or ethereum how that happen? They are just attracting investor whic are new on crypto 
What I know is usually a good coin:
1. lots of devotees. Where there may be coins that many devotees are said to be coins that are not good.
2. high market volume. this is often a guide for coin users.
3. the price is also high. If the price is high it must be good.
1. lots of devotees. Where there may be coins that many devotees are said to be coins that are not good.
2. high market volume. this is often a guide for coin users.
3. the price is also high. If the price is high it must be good.
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