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Topic: How to understand the value of one new coin? (Read 271 times)

newbie
Activity: 154
Merit: 0
if premine more than 7-10%, out.
sr. member
Activity: 1036
Merit: 273
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?

When proving a new born coin to its potential value in depends on the investors or the buyers of a coin plus not just depending on the people who buy or invest in a coin it depends on the ICO the platform the works on the company a new evolution to help people like others said something to exist.

While in mining its a monthly and day to day earning and base from people I know mining has its time bloom and share the blessing of a coin because technically it depends on the market value. Plus a bunos from mining you just sti and relax but you still need to look on the value of coin that you are mining.

For me of I have to pick I would invest/buy the coin because I earn from capital, same as mining you bought a GPU, Miner or ASICs. Still you got to pay electric bills and in short you earn long term. In investing you get to have it in 3-5 months in mining years.

hero member
Activity: 756
Merit: 507
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?

there is no 100% method to tell this coin will be expensive and that coin will be not.  you have to see what algo coin is using, how many coins from one block, what is the total supply number, what are premined number, is there is masternode and so on
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?
First of all you need to check if its a rip off of other trending coin or not. If it is, then the chances of the value of the coin to be extremely low is quite high. Secondly, go through the white paper. See what they have to offer and how unique their coins are. Check who the developers are and how reputed they are. Finally, check different factors that will directly cause huge impact on the value of the coin such as max supply, premining and how it is distributed.
newbie
Activity: 70
Merit: 0
Personally, i just check 2 things.

First is if the coin has a unique and original innovation the solves a real world problem (there are already so many duplicate projects out there, why create a new one).

Second, and probably less important, i would check if they have a good marketing. They have to come out as a professional and competent team that is really out to do something and not just take investor money. If they can't even look good while promoting their coin chances are they're also not good at developing their coin.

The problem is that most coins claim they can solve world problem.
full member
Activity: 672
Merit: 154
Blockchain Evangelist.
My typical ways are doing quick researches about the team behind, do they have experiences and really actively update working progresses, coin's specifications, use cases, and how it could be competitive with other coins which have the same purposes. Also, I will take a look on its trading volume as well.
legendary
Activity: 3248
Merit: 1070
just look at the coin specs, supply block reward and all, investors usually compare this with other coin that have already a value, and the price will be akin, there are exception when a coin, turn around to be very good and its value go crazy
sr. member
Activity: 481
Merit: 256
That’s good prediction and estimating power which a trader or investor gets with experience. But obviously, whitepaper is an important document which helps the investors in estimating the potential of the coin. So, one should read it carefully before investing in any coin. If there is something new and unique in the coin you can go for it. You can also read about it on Google or check its ratings and reviews.
hero member
Activity: 672
Merit: 500
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?
Knowing about the future of any coin you want to adopt is important thing as if the future will be better then you can mine it and you can hold them. I do that thing if the future of a coin is better and the project behind that coin and the team is efficient then I buy these coins or mine them to collect a good amount for the future.
sr. member
Activity: 1008
Merit: 297
Grow with community
Check its Coin Market Cap  Wink

newbie
Activity: 238
Merit: 0
you should check team profil , expert and high profil members reviews and  ration about the coin ,  max supply , premine ,   project usecase , and others metrics that rate a good project
sr. member
Activity: 784
Merit: 282
Personally, i just check 2 things.

First is if the coin has a unique and original innovation the solves a real world problem (there are already so many duplicate projects out there, why create a new one).

Second, and probably less important, i would check if they have a good marketing. They have to come out as a professional and competent team that is really out to do something and not just take investor money. If they can't even look good while promoting their coin chances are they're also not good at developing their coin.
member
Activity: 266
Merit: 50
How is possible to hypothesize the value of a new born coin?
see who the coin developer is and how many people are discussing the coin and see how fast the community is formed because the community determines how much time it takes to get into the exchange market.

Do you simply gamble on the coin and start mining it?
Yes,
but before it should find the information first and must having an intuition and faith that's the coin will success  Cheesy
newbie
Activity: 46
Merit: 0
Read the white paper, Google the Dev team, is it something no Cryptho has, it might be a winner.
Then take your change, It could be the next Bitcoin, or you have lots of a shitcoin.

So yes, in the end it's a gamble  Cheesy
legendary
Activity: 2604
Merit: 1517
#1 VIP Crypto Casino
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?
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