Topic: How to know which coins are good? - page 64. (Read 13322 times)
In this online market there are too many coins but if you want to search which is good coin for investment so you need to learn about crypto currency market or if you read master of Bitcoin you can find a best tips for best coin, If you see coinmarketcap you can found top 10 good coin so you must check it out coinmarketcap.
There are success stories of investors buying a coin for few cents, with an incredibly low trading volume, but these are rare incidents. Don’t be misled – you have more chances of success by sticking to averages, instead of chasing miracle trades.
This is not that the miracle of traders, I know such, I even have such a friend. He just buys all the tokens at a meager price. To the question "why" respond "to the future". He doesn't even have confidence that any of them will rise. Just for luck.
There are success stories of investors buying a coin for few cents, with an incredibly low trading volume, but these are rare incidents. Don’t be misled – you have more chances of success by sticking to averages, instead of chasing miracle trades.
I believe as the market matures it is becoming increasingly more sophisticated in distinguishing quality projects from those with no substance. Currently, the top 50 coins are generally good. I generally like to see a strong team with strong relationships, and adequate funding from the ICO or especially venture capitalists.
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 can read the whitepaper, then see how unique the project they have and see if the community is good or not. then you can check the team that is behind it too.
Research skills is the key bro.
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If you're interested in participating in an ICO,
Check out BlockShipping's ICO now!
Blockshipping is developing The Global Shared Container Platform (GSCP)
that will enable a savings potential for the global container industry at the tune
of USD 5.7 billion per year by smarter handling of intermodal freight containers.
learn more about BlockShipping,
https://www.blockshipping.io/
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
In my opinion, it is good to start with the strong coins in crypto. New coins are all always confusing for me, therefore I generally trade with the top coins.
Whether it is worth holding a coin or selling, it's up to you. If you are sure that in the future there will be X-boxes, then it's worth keeping, if not, then selling.
As there are numerous coins around, I am certain that it is befuddling, if not, marginal hard to pick where to put resources into. As you likewise know, anything in this market can possibly rise and to fall in apparently a moment, along these lines, you ought to be great at distinguishing which tokens you should consider and which ones you should, then again, mix clear of. I think great pointers are the manner by which the coin is acknowledged in the market, if numerous individuals executes and manages it, at that point that acknowledgment is a decent sign that the coin is great. Additionally, check those that have a high marketcap, having that implies that more individuals might hold that coin and to utilize it for exchanges. Finally, check if the engineer of the coin has an enduring arrangement to help support the coin's esteem, in the event that they are dynamic then that is a decent sign also.
I do not think there is a good predictor of finding good coins, though many are asking experts. We must find out the developers of each coin and always monitor the movement of its value in the market.
here the specifics will give close to nothing. there are clubs and networks that have for quite some time been available and have a notoriety. They freely dissect the entire group. It isn't sensible to settle it with the stream of data alone. Turn out to be, if it's not too much trouble et cetera, break down the activities.
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
It is not that easy that we can think it is, but it is possible in my opinion to know or to predict which kind would be performing good in nearest future Thank You
I recommend you looking on 3 things:
1. Team and advisors
2. Whitepaper
3. Project potential in the sphere of cryptocurrency (the most important)
I thought the most important thing was the product, the team, the white paper. And most importantly, the social part, that is, life inside the company, which speaks of the personal interest of developers in the life of the project, not the accumulation of funds. 1. Team and advisors
2. Whitepaper
3. Project potential in the sphere of cryptocurrency (the most important)
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 do some research first, starting from the website, whitepaper and also their telegram, I think it can help to make your choice.
I recommend you looking on 3 things:
1. Team and advisors
2. Whitepaper
3. Project potential in the sphere of cryptocurrency (the most important)
1. Team and advisors
2. Whitepaper
3. Project potential in the sphere of cryptocurrency (the most important)
do they solve a specfic problem, or do they actually make life better for humanity generally. Or is it just something that seems like it is designed to make cash ? Is it a clone or copy of another coin ? Does there team have the expertise and know-how to pull off their vision. Do they have to capital (and are what asking for from ICO raise: does it make sense) to make the project a success. These are the fundamental questions i ask myself.
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You should read their roadmap, whitepaper, how's the project goes and this is one of the important, their team who behind of the project. Try to research the coin on the internet to see the feedback or reviews on the social media.
If you find the projects who know full well how to cater to their clients, they’ll be far more likely to have success!
You can learn a lot from reading the Whitepaper, checking the social media platform and reviews about the ICO. Doing so you will be able to ascertain the quality of the project.
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