Topic: How to know which coins are good? - page 144. (Read 13320 times)
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.
Surprisingly most of the value of a coin or token is derived from the team members. Otherwise how do you explain that utility tokens are trading at a higher price than the average ICO price? People are investing in the team and you can see the effect clearly: if there's an unexpected delay or radio silence, the price drops dramatically.
Whitepaper
Developers
Roadmap
Partnership
Social media followership
Developers
Roadmap
Partnership
Social media followership
A successful ICO is usually supported by a detailed white paper that includes, at a minimum, specifics on the underlying technology, coin distribution, the price of the token, the company’s roadmap, and timeline of the project.
It is key to investigate and read as much information as possible and write down all the important aspects, positive and negative, in order to know whether a coin is good or not before making an investment decision.
You may evaluate a coin base on its media channel.
It is crucial to have a wide open supporting community like a public Slack for all investors. Openness is as crucial in gaining our trust as the Github code. Try to grasp the atmosphere within the community. Look at the size of the community and its activity.
Other sources like Reddit, Twitter or Facebook can be relevant when evaluating the project. Be aware of bounty posts. It is a common practice to launch a bounty thread to reward users for spreading positive information about the project to increase media coverage, or to help out with translations. These bounty threads can stimulate the hype around the project but they are not very objective. On the other hand some investors participate only for some tokens."
It is crucial to have a wide open supporting community like a public Slack for all investors. Openness is as crucial in gaining our trust as the Github code. Try to grasp the atmosphere within the community. Look at the size of the community and its activity.
Other sources like Reddit, Twitter or Facebook can be relevant when evaluating the project. Be aware of bounty posts. It is a common practice to launch a bounty thread to reward users for spreading positive information about the project to increase media coverage, or to help out with translations. These bounty threads can stimulate the hype around the project but they are not very objective. On the other hand some investors participate only for some tokens."
- Good Team Composition
- A trusted thread here (on bitcointalk.org)
- Sound reasons for distributing token
- Clear, interesting and reliable whitepaper
- A trusted thread here (on bitcointalk.org)
- Sound reasons for distributing token
- Clear, interesting and reliable whitepaper
Nowadays there is numerous of coin but we didn't know if it is good or not. The best way to do is thru research such as reading their publication on social media.
There are five components of a coin to determine it's good or not:
Luster: This applies to how light reflects from a coin’s surface. It is impacted by microscopic lines in the design. Luster diminishes as the surface of the coin wears away.
Color: Both the natural hue of the metal and the vibrancy of any colorization in the coin’s design are important, like for the Toned Morgan Dollar. Chemical cleaning can alter both of these, lowering a coin’s quality.
Detracting marks: Obviously detrimental to a coin’s value, detracting marks come from improper handling or packaging. Fingerprints are considered detracting marks. To protect coins from these, it is important to avoid handling coins and using tight plastic holders.
Cleaning or mishandling marks: These occur when a coin’s surface is actually damaged due to cleaning, rubbing, or polishing. They can also be caused by “cabinet friction,” the faint rubbing away of a coin’s high points, caused by contact with an envelope or tray.
Eye Appeal: While this category sounds extremely subjective, it actually refers to the absence of carbon streaks, striking defects, vinyl damage, and a myriad of other factors that detract from a coin’s overall appearance.
Luster: This applies to how light reflects from a coin’s surface. It is impacted by microscopic lines in the design. Luster diminishes as the surface of the coin wears away.
Color: Both the natural hue of the metal and the vibrancy of any colorization in the coin’s design are important, like for the Toned Morgan Dollar. Chemical cleaning can alter both of these, lowering a coin’s quality.
Detracting marks: Obviously detrimental to a coin’s value, detracting marks come from improper handling or packaging. Fingerprints are considered detracting marks. To protect coins from these, it is important to avoid handling coins and using tight plastic holders.
Cleaning or mishandling marks: These occur when a coin’s surface is actually damaged due to cleaning, rubbing, or polishing. They can also be caused by “cabinet friction,” the faint rubbing away of a coin’s high points, caused by contact with an envelope or tray.
Eye Appeal: While this category sounds extremely subjective, it actually refers to the absence of carbon streaks, striking defects, vinyl damage, and a myriad of other factors that detract from a coin’s overall appearance.
For me it's important to see the idea of the project behind coin (is it useful for people, what is the stage of readiness). Next important thing is team which curates the project: how big is it, how much experience they have. Then have a look at whitepaper to know if they plan to develop their project and have precise long term plans.
To be honest I really do not know if there is a good way to determine that a coin is a good coin. What we can do basically is to check the coin specifics and then do more research about the coin whether it is listed on an exchange or if there is an active community behind it.
It is hard to find out which coin or project is good but through their roadmap, and reading on their white paper can help and give you information about the development of the coin. To check if the coin is worth to invest, you have to do research about the development as well the team involve for this project.
First of all you should make sure the team of a project is pretty good, read map, usefulness of a project for me this is the main criteria.
According to your experience and how you work with crypto. Generally, to find out the good coins you need to read the whitepapers carefully, following the communities, talking with the mentors...
I usually use these criteria to evaluate a coin, and it helped me so well:
Startup characteristics
Operational transparency
Crypto-sale resiliency
Business model relationships
Startup characteristics
Operational transparency
Crypto-sale resiliency
Business model relationships
for the way i analyse my coins to know which one worth investing on is buy going through the whitepaper, check what they really have in mind as their main project, who and who are involve, what benefit will the project yield to the present and feature society after looking into all these i will not draw a conclusion and then choice which of them is worth investing on.
You can check there back ground and the people behind this you study on what is the purpose of this coins and what is the use of this and why should we use this platform.
You can check the graph of the market whether this coins is good when it comes to its value then search about the information and the history of that coin. A lot of coin is very demand for people but the number one popular is bitcoin this kind of coin have a great value which is it called Future currency. 
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 should research and analyze ico or altcoin, no matter how good the ico is or its altcoin. most importantly he has a future and technology in general. every potential you can find and dig, if you want a profit.
Very simple to know about a coin good or not, just collect information about team behind coin market of the coin project and potential of the coin daily position of the coin views of the public regarding coin these are some important factor for choosing a right coin, rest is your luck.
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
well so that you can find altcoin that can be profitable, it is important to analyze and study any potentially big altcoin in the future. it is not easy, this is a pretty tiring job. but essentially you have to do everything about research and analysis
If there are more wallets that have been used in the distribution that you are not aware of then you do not include the amount to the distributed amount. Anthony, the main developer says they are using a different set of wallets to distribute
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