Topic: How to tell treasure coin from trash coin? (Read 145 times)
I saw the quick reaction of the community when it comes to GRIN. Many have preferred the mimblewimble protocol and it became trending few months ago and even until now, the volume wasn't so high as others but it's just getting started. Telling a coin as a treasure depends on how knowledgeable you are with teams, protocols and even the basics of cryptocurrency. If you will depend too much with others opinion on what are their takes with it can be gone wrong and worst, you can be an effective product of shilling.
For a crypto coin to be describe as a treasure coin, the project behind the development of the coin should have a working product that provide some kind of solution to a gap found in either the financial space or the world in general. Such coin has some kinda purpose in the crypto space and without it people can use the platform the coin operates on.
yes are right ..
it's easy for me to see treasure coins
Coinmarketcap top 10 is a treasure coin we can buy it and hold it for several years to come.
The trash coin has no support. Therefore, the first thing you should investigate the team that is behind this coin. Usually you can immediately determine whether it is doing its job well or not.
Found an interesting article on Medium which uses a data-driven approach to select premium cryptos using social media and developer community data.
For instance, even though GRIN is not heavily traded, it has a large community followers and exchange coverage. Check some other promising newcomers via the link:
https://medium.com/sophonexchange/distinguish-treasure-from-trash-ac56d9edf57d?source=friends_link&sk=6065bc191b88d40dfa67f9c0d82c589b
I will try to follow where the hype will go and that should be the best thing to try. Social media is not having a lot of accuracies to help you able to determine which is the platform that will become a promising platform in the future. People are only following the hype platform. For instance, even though GRIN is not heavily traded, it has a large community followers and exchange coverage. Check some other promising newcomers via the link:
https://medium.com/sophonexchange/distinguish-treasure-from-trash-ac56d9edf57d?source=friends_link&sk=6065bc191b88d40dfa67f9c0d82c589b
For a crypto coin to be describe as a treasure coin, the project behind the development of the coin should have a working product that provide some kind of solution to a gap found in either the financial space or the world in general. Such coin has some kinda purpose in the crypto space and without it people can use the platform the coin operates on.
You don't tell a treasure coin from a shitcoin based on the volume of trading market, because as we all know, the crypto market is very much manipulated especially upcoming projects that don't yet have a large amount of volume.
The best way to tell if a project is a treasure coin, is to check the real life use of that coin, will the coin be used for something that everyone will actually want to do or have no choice to do.
The best way to tell if a project is a treasure coin, is to check the real life use of that coin, will the coin be used for something that everyone will actually want to do or have no choice to do.
Found an interesting article on Medium which uses a data-driven approach to select premium cryptos using social media and developer community data.
For instance, even though GRIN is not heavily traded, it has a large community followers and exchange coverage. Check some other promising newcomers via the link:
https://medium.com/sophonexchange/distinguish-treasure-from-trash-ac56d9edf57d?source=friends_link&sk=6065bc191b88d40dfa67f9c0d82c589b
For instance, even though GRIN is not heavily traded, it has a large community followers and exchange coverage. Check some other promising newcomers via the link:
https://medium.com/sophonexchange/distinguish-treasure-from-trash-ac56d9edf57d?source=friends_link&sk=6065bc191b88d40dfa67f9c0d82c589b
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