Topic: How to know which coins are good? - page 94. (Read 13318 times)
It seems to me that you should focus on already held coins, because in that case you are more likely not to lose your investment.
If I work with a relatively new coin, then I analyze data on community activity, developers, technology, carefully study the assessments and opinions of experts in different ratings.
Personally, I analyze for myself a few key parameters of the project - the age of the coin, the volume of market capitalization, the development team and prospects, the relevance of the proposed product on the market.
If you are looking to find really good coins or what we would like to call gems,then my frined you need to spend a lot of time here at bitcointalk, and i mean like crazy. Get in the projects when the coins is not much in the public eye and hyped and buy them real cheap. Look at xhv(haven coin) for instance, I OTC bought it when no one was interested in it.
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
Look at:
1.the team
2.finished product
3.partnerships
4.existing customers
5.understand the use case
There is plenty of low caps who have that and are profitable already. Important also that the token is a vital part of the ecosystem and not like Ripple for example lacks any real functionality. Profitable low caps or higher caps are cindicator, hacken, wabi or waltonchain. You might also check on Factom and I personally did not look at Loci for a long time. Think problem was they did not burn unsold tokens but might be worth a look at this stage.
If there was one way to understand that some coin is going to be very profitable, everyone would become a millionaire in a very short period of time. So there are no universal rules or attributes to determine whether the coin will be good or not.
There are many indicators by which you can judge what kind of coin. Personally, I pay great attention to the speed of the transaction
You should read White Paper. It can be difficult to fake because there are enough experts in the community who would quickly realise that a coin is a scam.
Where can i read the white paper of my ERC20 token WSPU2?
You should read White Paper. It can be difficult to fake because there are enough experts in the community who would quickly realise that a coin is a scam.
Yes many good coins are available today, we can not just see and hear you have to research and discuss to get the right choice. in the thread below will explain how to choose the right investment and what we should analyze. Next is the team behind it which is very important if they are legitimate or not. And you can add a little extra research about it.
If it is a coin that already exists in the market, just look at the growth of capitalization market the higher the better. If it is an ICO coin, then active community activities, team members' skills, teamwork between the development team with advisors and managers are also a determinant of success.
Read white paper, look at team, look at rates on different rating platforms - for example www.icoguide.com; Besides the project should be transparent, and well defined, it should have clear future plans.
Learn if their social media are constantly updated to see if their roadmap is running and you can see it on the market, if the number is large, there is an opportunity for a good coin.
You will only be able to determine if they're really good or not is by waiting after a year or two. If they will push through their roadmaps then you would know that the team is sincere in their project.
I think personally, Read their white papers and see their social media page because it is always updated or not. we have to learn about Token sales, project plans, and teams. View and calculate pre-sales, Ico, soft and hard cap. and After that, make sure we can join the terms and conditions. do your own research on coins and read what's on their website.
There are a lot of good coins in the market. Good coins are working projects, which are updated, and the team acts on the roadmap on time. But when we see a drop in the market, even good coins lose their value.
I do researching and talk to other people who uses crypto to gain more knowledge and to know more who is good and not.
we must see the development of the coin to see the coin is good or not and we have to observe the investors who are interested in the coin itself if the coin is widely in use by everyone then the coin is good.
In crypto, before you invest in any coin, whether listed or in ico phase, you need to make your research on different things
Like as :
- read the white paper
- research on the team as to know whether they have what it takes to make the project a success
- need to study their roadmap
- Check if they already have a working product or about to launch a working product.
Like as :
- read the white paper
- research on the team as to know whether they have what it takes to make the project a success
- need to study their roadmap
- Check if they already have a working product or about to launch a working product.
Read through their white paper, study the team behind the project and also check them through social media's
I am sure that every trader has his own startegy to identify whether the coin is worth investing or not. I usually pay attention to the price fluctuations and check the Crypto community opinion about this coin.
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