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Topic: New Coins Are Continuously Coming in The Market. How we decide the best one? (Read 258 times)

full member
Activity: 658
Merit: 102
Still the best way to find a legit new coin is by research. Try also to join their social media groups like facebook, twitter and telegram for more informations on their project. It hard to determine the potential of any new coin unless you make a thorough inquiry to the team and developer and you should also know the ways on how to spot a good coin.
legendary
Activity: 1764
Merit: 1000
In some days we observe so many new coins are coming in the market.  My question is how we identity the best coins. Which are benefited for our investment  

All are scam. Innocent until proven guilty, these new scam coins have nothing to prove.
You can wait until it can prove some of it promises.
full member
Activity: 560
Merit: 100
In some days we observe so many new coins are coming in the market.  My question is how we identity the best coins. Which are benefited for our investment 


I think you do not need to look for the best altcoin, enough that can bring profits in the future. that's what I do, bottom line. you should learn every development of altcoin or ico. you should try to find out, all that can be useful for you. so try to analyze and examine it.
member
Activity: 224
Merit: 10
This is actually a very difficult thing to do, in a bull market, most tokens have a nice increase (whether it's a shit token).
But with the big drop in BTC and ETH, the bear market has come, and now we should try to choose those projects that are open source.
full member
Activity: 336
Merit: 100
It is important to understand whether the valuable product offers project. Does he have the potential and demand it. This is the most important. Then examine all documents, watch for the team, to the environment.
member
Activity: 805
Merit: 26
We do not know the best altcoin and the scam one. The number of buyers and how the coins are popular can't define that the coin is a good coin. In fact, many people are being fooled by this coin. Developers also not been absolutely the basis of the good coin nor their platform. In short, we cannot measure the best coin in the market but we are just holding that someday that coin will kicking out and hoping that we gain more profits.
member
Activity: 196
Merit: 10
Distributed Credit Chain
In fact, many times we cannot judge the stand or fall of an ICO project, but because it's a bull market, what will have a good return, so you can choose some short-term returns of the ICO project.
full member
Activity: 322
Merit: 102
For me, I only invest in new coins after reading the white paper especially the abstract. It summarizes all the important details of the project. I also look at the project's road map so I can identify and assure whether their project is on the right track or if its every step is attainable or not. The dev team or the people behind the project is also important especially if they already had, had a successful project before. Also, take the community into consideration, too. They should be active. Lastly, I look at the supply of the coins. Looking at the Law of Demand and Supply, I believe, the lesser the amount of the supply, the higher the demand.
full member
Activity: 294
Merit: 101
Actually every coin has a big potential, but it is still depend upon if that coin will achieve its needs.
Every people behind every coin are doing their best to make thier project become successful.
But its better to search first the coin you want to invest with,
So that all your investment wil not put into trash.
full member
Activity: 395
Merit: 100
Every day new crypto currencies are coming in the crypto market, compared to bitcoins all other crypto currencies prices are too low and affordable for anyone to buy and later the value of those crypto currencies also increases as year passes.  All the altcoins in the crypto market are just a copy or an updated version of the original bitcoins currency and altcoins are unique in its own way, New crypto currencies are born every other day with unique features in them. Bitcoin, peercoin, litecoin, ethereum,Dash  has unique features which is more in demand in the crypto market.
sr. member
Activity: 1470
Merit: 325
That is literally the hard part and it is what separates you from losing all your coins to gaining more coins. There is no secret other than doing your research which requires time and effort.

its not about getting more coins,

coins can be made out of thin air

its about creating coins, and finding idiots that work for it.

or in other more precise words, selling their (life-)time for it

regards
newbie
Activity: 22
Merit: 0
You have to look at the roadmap and observe who the team is for any current cryptocurrencies you are interested in. Whether it's an ICO or it's already been published, proper research must be done before any amount shall be invested into such a project. At least 1-2 weeks of research would be good.
jr. member
Activity: 65
Merit: 1
That is obviously the hardest park. It requires a lof of time and research to figure out which one is the best
hero member
Activity: 1050
Merit: 529
In some days we observe so many new coins are coming in the market.  My question is how we identity the best coins. Which are benefited for our investment 
Best way to look for a good coin is to look at the developing team, a good coin will have a good team supporting it. Actually in early stages of an coin is almost impossible to predict if it's going to become popular, even good coins with good developer teams sometimes don't end up being popular.
full member
Activity: 210
Merit: 103
It seems to largely depend on how the coin is launched.

Forks, for whatever reason, seem to be holding their value.

Airdrops seem pretty stagnant at low prices (most of them are junk).

ICOs are tricky. It all depends on the idea, the execution, and the team.  That is where your due diligence pays off.  Hype is important for a good launch, but hype fades, and even some of the most hyped new coins are train wrecks in practice ... see Tezos.
full member
Activity: 2576
Merit: 205
In some days we observe so many new coins are coming in the market.  My question is how we identity the best coins. Which are benefited for our investment 

eventually the new coin from the ico are have potential to grow in the market start from the cheap price but later on have a good feedback from the coinmarketcap, all you need to do just monitor the exchange and ypu decide the what is best for you, i sugget graft have a good potential to grow.
sr. member
Activity: 308
Merit: 250
Either give a coin some time to develop or do your research on it and take a chance.
member
Activity: 84
Merit: 10
In some days we observe so many new coins are coming in the market.  My question is how we identity the best coins. Which are benefited for our investment  

crypto coins remind me a lot of the baseball card craze in the 80's and 90's

every week a new card company signed a deal with a hot young player exclusive to them

so you had the bitcoin the old cards, very old early cards from early 1900's and then the classic topps from 50's and 60's

then the 80's and 90s saw the alt coins all the crap that was worthless when it entered that is now worthless in the garages it's stored in

what kept value and even increased

the real deal

kinda like crypto, bitcoin is the early cards

rare

the alt's are like the mass produced crap for the masses

so the collectors always collect the art and rare stuff

the masses buy whatever they are fed with fud

now some new coins do have interesting tech they are monetizing but not at the levels they are now valued at

etherum is actually building lots of corporate solutions on their concept

but most alt is that, garbage

now I personally like bch for one reason, it is a coin that tried to get back to basics, what the original white paper envisioned a cheap and fast p2p virtual currency for cheap trades of value

btc is not that today

yet it is the 52 mantle

so lots of coins and most won't see 2019

maybe it takes until 2020

but 90% if not 99% of alt coins will die a quick death

the ones that have a way to monetize their concept will survive

now ripple is joining american express they say, so that could be the ultimate winner

80 billion coins though

so xrp I like, bch I like and btc is the hodl
full member
Activity: 294
Merit: 100
In some days we observe so many new coins are coming in the market.  My question is how we identity the best coins. Which are benefited for our investment 

by doing your own research.
but if you are new to cryptocurrency world i would rather advise that you invest with the trusted coins.
investing in new coins may indeed give you a huge chance to gain a lot.
but the risk for this is also really high.
therefore i will be advisable to go for old and trusted ones.
Cheesy
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