Topic: How to know which coins are good? - page 23. (Read 13297 times)
Do your research before investing. If you don’t, you are basically throwing your hard earned dollars into something that you do not understand. Also, if you fully understand a coin, it is going to make you much more confident when you actually buy the coin.
You should look for all of information about that coin in whitepaper. Also observe whether the team is active during the process by checking their updates in social media.
you could find out about this coin through the personnel of their task crew and the white paper, after which depending on your judgment there's no prospect for development of this coin after which recall whether or not or no longer to make investments it
Good coins can be the stable, well established coins, and those which are better than the current ones regarding to technology, but has not proven much yet. In both cases the background must be extraordinary.
I think technology will suffice. After all, today, stability is out of the question. At a time when investors are afraid to fall below the top 10.
Bitcointalk is the best way to know, people usually ask about coin and you should read comments, there are many great information and analysis you need.
In order to understand wheather the coin is good, personally I pay attention to the official website, and of course the team, idea of the project, the working product, partners, and search the information about the community - are they true or false.
Good coins can be the stable, well established coins, and those which are better than the current ones regarding to technology, but has not proven much yet. In both cases the background must be extraordinary.
There are a lot of options of finding good coins. First of all, look at the rating websites like ICOBench and ICOdrops. Than I usually check the community numbers. So if the website says, the ICO collected 15 million USD and there are only 700 members in their Telegram, most likely its a scam.
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
Every token has it's own website and you can visit or search for it, and you just need to study their whitepaper and roadmap and if it has a good idea you can invest and your money will be have some profit on it. Thank You
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
You can identify that the token that you'll going to invest is good if it dump and you have an opportunity on investing on it and hodl for a long time, but it depends on you on how long you'll gonna trade. Thank You
if a new coin might be difficult to determine which is good, especially if the current market situation is uncertain, and coupled with the coin is a newcomer, we don't know how the coin works and also we don't know whether the coin has good prospects for the future
Have you ever read roadmap, white paper of a crypto coin? And do you pay your attention to how large their community is? who is standing behind it to support? A crypto coin is good if it has clear information, always follow to their roadmap, has a big community support it and daily trading volume on exchange sites is big.
if a new coin might be difficult to determine which is good, especially if the current market situation is uncertain, and coupled with the coin is a newcomer, we don't know how the coin works and also we don't know whether the coin has good prospects for the future
I figure it would be great if to choose the coins that have effectively made a decent market for itself in the event that you are simply attempting to purchase and offer coins. The purpose behind this is purchasing obscure coins is a certain bet. I have heared many have been so despondent about the outcomes and they wound up losing. Had they picked a decent known coin they ought to have made a decent benefit out of it.
Endeavor to pick a coin with no less than 10,000 USD exchanging volume – it demonstrates that the coin has just been exchanged and there's a sure level of the system that puts stock in the coin. There are examples of overcoming adversity of financial specialists purchasing a coin for couple of pennies, with a unimaginably low exchanging volume, yet these are uncommon occurrences. Try not to be deceived – you have more odds of achievement by adhering to midpoints, rather than pursuing supernatural occurrence exchanges.
You should look at the coin community. If the coin has a big community and also at coinmarketcap. Dogecoin don't have any dev, but it has a big community. Tech is also important for the long term.
In the past few years, a lot of coins has appeared on the cryptocurrency market, most of the new coins have come out, they are not good value. In my experience, to identify a good coin, we need to look at their value and their market capitalization. And we need to see that they can bring good things to the investors when they invest in them.
How to find a good coin or not by checking the project, how the project is formed by reading the whitepaper, you can also check the team that made the project.
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
Of course you must understand which coin has come to you-good or bad. Attach a little effort and read about this coin, its capitalization, prospects, well, or at least just ask the opinions of more experienced users Thank You
Almost every coin has very good potential. But you must consider this potential in a coin and choose the right time for investment. Only in this way you can become a successful trader.
More gut feeling than anything else, but I have been in the game for a long time.
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