Topic: How to know which coins are good? - page 77. (Read 13318 times)
to find out whether a coin is good or bad, first you need to study the product, the team, especially if you're going to invest
My friends always chooses coins or tokens that have fluctuations or rapid up and down movements, with high price and low price having large interval spacing. (Its recomended for trading I think).
I think you can determined whether the company that you cwant to invest is good or bad through their proposals in whiteapaper since it is the background of other companies for all overview.
I think you should read their white paper ! It is necessary to pay more attention to projects that allow creating new blockchain projects on its basis and If the coin has a competitor, compare what you just learned to the competitors. A coin which is consider as a good coin is the coin that has many user.
Coins already in the market? just look at the movement of trading volume. If it shows good improvement and feedback, then that's a potential coin that will last long enough in the market.
Always when you invest money in any project, always try to study it well. You can see the team behind it, what the purpose of the coin is made, whether really needed or not, and of course what the future plans of the project.
Good coin is a coin that continues to show an upgrade. because with the coins that continue to show an increase in the bag and able to give a considerable advantage. so if you want to buy a good coin can look at the Cryptocurrency market chart. because the chart shows the development of this diving coin.
This is good to know which are good coins before investing,First of all know about the market capture and thoroughly research of white papers it will clarify how long it will survive. Competitive team behind is major strength of any coin if strong team behind it mean coin is stable and worthy.
For me, read their coin specification, their road map and whitepapers. Check their community if its active and check their market chart if its worth it to hold and invest.
Actually, it is very difficult to say which cryptocurrency is the best for an investment. The reality is that nobody knows. Each cryptocurrency has it's owns pro’s and con’s. Read the whitepaper next ask the community. Never take financial advice from random people on the internet. Take decision yourself.
The only way to know which coin is good is to spend time with it. Meaning, know all the details about it. Read white paper, the team, the project itself, the partnership and so on. Those are factors very necessary to know if the coins is good or not.
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
Read WhitepaperThank You
check DEV Team
Check They Roadmap
Check Partnership
Check out their social media accounts. tw.fb.telegram. etc
To find out which coins are good, you have to visit their websites, whitepaper, social network support, lots of information, its total supply, its platform, its roadmap,etc
The integrity of advisor, team of coin developers and quality of whitepaper will tells you how good the coin will be.But make some search to be rest assured.
If everyone knew a answer to this question, then everyone would have been rich for a long time. but the reality looks different :-)
in any case, it depends on so many factors. a important part of this is certainly a good and critical self research of a coin/project and a portion luck because nobody can look in the future (regulations, scams, fud/fomo and so on),
in any case, it depends on so many factors. a important part of this is certainly a good and critical self research of a coin/project and a portion luck because nobody can look in the future (regulations, scams, fud/fomo and so on),
There is none guarantee if a coin is good or not. It is just on your research. DYOR guys. It will really help you. For me I am really wanting to have or to gather ETH, NEO. Those are the two coins I am yearning for these days.
The best way to know which coins are good is to listen to individuals who already have experienced in the digital currency world. Browsing the forum may help to find opinions from someone especially members who are already in the forum for a long time now.
Research is needed to the now if the coins has a bright future or not. Look for their roadmaps and also know the people behind this coin, read their white papers to know the information about that coin and join in there group conversation
The only way to find a good project is to have good detective skills and look for information on the developers, on their finished product and, if possible, seek out the way to communicate with the developers.
To find a good coin you have to study their whitepaper, roadmap and team. If any of this information is missing, don’t buy it. Compare their whitepapers, roadmaps and teams. Which project is most likely to succeed
Make sure the team has achieved what they say they have.
Try to Search for anything that you can find on the coin. Especially articles, news. Avoid rumours and pay attention instead to past statements from the team making promises of things to come. Have they missed deadlines? Have they developed any tangible product worth talking about?
You can equally Join their, Telegram Chat or Discord Group and ask questions to fill any knowledge gaps.
Make sure the team has achieved what they say they have.
Try to Search for anything that you can find on the coin. Especially articles, news. Avoid rumours and pay attention instead to past statements from the team making promises of things to come. Have they missed deadlines? Have they developed any tangible product worth talking about?
You can equally Join their, Telegram Chat or Discord Group and ask questions to fill any knowledge gaps.
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