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Dorjoy12

How to find out best crypto currency

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3 minutes ago, Sufyan Salihu said:

don't think this information is only for the newbies alone because even me, I also find it very useful.

@Sufyan Salihu  before creating this topic, i did not have enough idea too how to find out best crypto currency perfectly..  But after proper research i came to know different point by which we can find out good coin..  Yah this is not for the newbie members only but for senior member too who has no idea..          

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@Dorjoy12Thank you mate for sharing such an explanatory concept on how to invest on any crypto currency because if you look closely there are many good and bad crypto currencies but with such kind of information we will all know the best crypto currency to invest on and avoid the bad one, once again we really appreciate your post.

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@Dorjoy12 Thanks for this informative topic mate. I am sure many members will benefit from this. But nowadays even more scam projects are rising and everything about them looks legit. This means that scammers are finding more clever ways to deceive investors. So, we should follow the 5 steps you mentioned and we should still keep in mind the risks involved by investing in the project.


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1 minute ago, Dark Shadow said:

So, we should follow the 5 steps you mentioned and we should still keep in mind the risks involved by investing in the project

This five step is the basic thing to find out any good currency brother @Dark Shadow but its not mean that this five step will be able to find out a good coin..   Before invest your money in any coin you must do your own research..  So that you wont be regret if you lose..       

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2 hours ago, Kenan12 said:

@Dorjoy12

If we want to choose a suitable currency, we must first understand all the information related to cryptocurrencies, then we must realize the right time to make the first profit, these are my ideas, for the five steps are really amazing

Right discussion @Kenan12  that is why before choice any crypto currency we need to see the owner of the coin as well the supportive team..  Also its necessary to see the coin connect into which blockchain technology..  Basically for good project there has big whale to support the currency..            

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On 12/14/2020 at 6:19 PM, Kenan12 said:

@Dorjoy12

If we want to choose a suitable currency, we must first understand all the information related to cryptocurrencies, then we must realize the right time to make the first profit, these are my ideas, for the five steps are really amazing

@Kenan12..There are many good coins and counterfeit coins in the crypto world.  But you have to choose the best coin.  But the real issue is how you choose a good coin.  So with your skill you can choose crypto currency.  But in order to choose a good coin, he has to do research on the coin.  You can easily choose a good coin if you look at the demand, supply, past, present and speed rules of that coin.

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On 11/6/2020 at 6:28 PM, katri2 said:

Cryptocurrency has some advantages and disadvantages, bitcoin and ethereum are the best currencies due to their popularity and stability, and we should focus on choosing a cryptocurrency to invest.  

To find the best crypto coins you can check the main point of it like the Stability and Market Cap, these are the two main thing which tells you that you have to buy it or not.


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Best crypto currency to invest in perhaps I would carry out particular supplementary explore about it but as of at this moment I bitcoin is in spite of everything principal as the paramount crypto currency but it is furthermore has the premier denomination therefore I have to cogitate former before investing. 

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The most excellent to acquire a blameless coins for the imposing profit is to examination and conform to the coins i would like to put in a good word for you to don't be entirely needy on somebody opinions examination the marketplace and elect the a good number likely coins.

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On 9/29/2020 at 11:16 PM, Dorjoy12 said:

Usually today's    discussion  for them who are new in crypto world.. Because mostly  newbie face the problem that in Which  coin  they going to invest..It's  mean they do mistake to find out the right currency  to invest.. Again some newbie buy those kind of crypto  currency  that later they face problem  to have those  currency .. 

 

If you want to invest  on crypto  currency  then it's most important  to find out the best currency.. There has lot of crypto currency  and if you see those  currency  performance  for 2-3 time  then you will try to buy them..  But later you can't  do anything  by those coin because they get dead soon.
 
So that whenever  you going to invest on crypto currency  you must  need to notice some step.. No need to be hurry because if you can be patience  with lil bit skill then you can be able to find out good crypto currency .. 

 

This some matter you must remember  when you going to find out good crypto   currency :

 

If you do ICO or IEO then that is different ..  Because now i am here discussed  about  those currency  that are already  trading  in many exchange  site.. 

 

You need to see this some matter when you going to buy crypto currency :

 

(1) Concept
(2) stability 
(3) according  to their roadmap their leading 
(4) according  to the price their circulating supply   and total supply.
(5) popularity 

 

(1) Concept:  Whenever  you going to find out a crypto currency  you must find out their project's main concept.. You can see thousands  crypto currency  and their price  will attract  you.. But they can't  stay for long run in crypto world just because their concept  is not good.. Example :: Voice, Red Pulse,  Verge and many coins too..

 

(2)Stability :  Its most important  matter to know  Before  invest in any currency..suppose  you invest in those coin that did good performance  2-3 time in life time.. Then without  any doubt  you are going to lose the amount of your investment .. Before  you going to invest in any coin first you need to see the coin stability.. So that if sometime the coin price  fall down but the coin again able to increase  it price..

 

(3) according to their roadmap their leading    every crypto currency has roadmap..  In that roadmap they do planning Where they will try to meet their target in how and in what manner or in what time frame their project..you can see  scam  project  there has no any activity according to their roadmap.. It's mean those project is scam.. 

  Again in some project you cant able to find out roadmap..if you ask them About it then they will say we have roadmap but we dont want to publish it.. They will show us many reason according to the logic..   Without any doubt those project is scam..   Again  stay far away from those project that has no target..  

 

(4) According  to the price  circulating  supply  and total supply :: 

  Because of popularity for some project  price Increase  like a myth but again decrease  like a myth.. For this be careful  to choice those kind of project.. Because to pump  those Project  some group help  those  project.. 

By the way, if you see  some Project's   circulating  supply  and price then you can feel lil bit doubt.. 

 

(5) popularity ::  A good project popularity  can easily attract  you because those project concept and skill is  enough  to attract  you. 

Here many member  can thought who is in the back forward  to find out  a good project.. I am also agreed with this kind of thought.. Even here i am talking  about  those  project that already  trading in different  exchange  site..

If i am here talking about  doing  IEO or ICO then i talked first About  who is in the back forward  of every  project ..

By the way,if you want to meet with any project  team Before  choice the project  then you can.. By this you can do more discussion  Before  choice any crypto currency..

 

NOTE :: English  is not my native  languages, please pardon  my mistakes..

download.jpeg

Any project must be studied well The steps that I have mentioned are really good and I think that you should study the history of the currency and make sure of its coding code

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I can say that the fame of the cryptocurrency is the one that has value on itself, since when sales or purchases of large fluctuations of people are made, the price of the cryptocurrency rises, as it can also go down, therefore if we are going to choose one Cryptocurrencies to invest you have to see its volume, its established price and how it behaves in trade.

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Your question is very important, my friend, just keep track of the market and the cryptocurrency market exchanges to give up the best currency you can raise your money by buying it. 

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On 9/29/2020 at 10:16 PM, Dorjoy12 said:

Usually today's    discussion  for them who are new in crypto world.. Because mostly  newbie face the problem that in Which  coin  they going to invest..It's  mean they do mistake to find out the right currency  to invest.. Again some newbie buy those kind of crypto  currency  that later they face problem  to have those  currency .. 

 

If you want to invest  on crypto  currency  then it's most important  to find out the best currency.. There has lot of crypto currency  and if you see those  currency  performance  for 2-3 time  then you will try to buy them..  But later you can't  do anything  by those coin because they get dead soon.
 
So that whenever  you going to invest on crypto currency  you must  need to notice some step.. No need to be hurry because if you can be patience  with lil bit skill then you can be able to find out good crypto currency .. 

 

This some matter you must remember  when you going to find out good crypto   currency :

 

If you do ICO or IEO then that is different ..  Because now i am here discussed  about  those currency  that are already  trading  in many exchange  site.. 

 

You need to see this some matter when you going to buy crypto currency :

 

(1) Concept
(2) stability 
(3) according  to their roadmap their leading 
(4) according  to the price their circulating supply   and total supply.
(5) popularity 

 

(1) Concept:  Whenever  you going to find out a crypto currency  you must find out their project's main concept.. You can see thousands  crypto currency  and their price  will attract  you.. But they can't  stay for long run in crypto world just because their concept  is not good.. Example :: Voice, Red Pulse,  Verge and many coins too..

 

(2)Stability :  Its most important  matter to know  Before  invest in any currency..suppose  you invest in those coin that did good performance  2-3 time in life time.. Then without  any doubt  you are going to lose the amount of your investment .. Before  you going to invest in any coin first you need to see the coin stability.. So that if sometime the coin price  fall down but the coin again able to increase  it price..

 

(3) according to their roadmap their leading    every crypto currency has roadmap..  In that roadmap they do planning Where they will try to meet their target in how and in what manner or in what time frame their project..you can see  scam  project  there has no any activity according to their roadmap.. It's mean those project is scam.. 

  Again in some project you cant able to find out roadmap..if you ask them About it then they will say we have roadmap but we dont want to publish it.. They will show us many reason according to the logic..   Without any doubt those project is scam..   Again  stay far away from those project that has no target..  

 

(4) According  to the price  circulating  supply  and total supply :: 

  Because of popularity for some project  price Increase  like a myth but again decrease  like a myth.. For this be careful  to choice those kind of project.. Because to pump  those Project  some group help  those  project.. 

By the way, if you see  some Project's   circulating  supply  and price then you can feel lil bit doubt.. 

 

(5) popularity ::  A good project popularity  can easily attract  you because those project concept and skill is  enough  to attract  you. 

Here many member  can thought who is in the back forward  to find out  a good project.. I am also agreed with this kind of thought.. Even here i am talking  about  those  project that already  trading in different  exchange  site..

If i am here talking about  doing  IEO or ICO then i talked first About  who is in the back forward  of every  project ..

By the way,if you want to meet with any project  team Before  choice the project  then you can.. By this you can do more discussion  Before  choice any crypto currency..

 

NOTE :: English  is not my native  languages, please pardon  my mistakes..

download.jpeg

You are highly welcome mate, and have a great Xmas ahead. You have indeed said it all, because it takes a professional to make comments on your post. Finally all I have to say is thank you as I no knowledge on almost all you have said. You are welcome once again.

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Am very happy with this explanations of yours it is very necessary and important for the newbies to make sure that they read this carefully because am giving them assurance that it will help them a lot 

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Thanks for your recommendations, I think you explained them splendidly. 
The truth is that I knew some of them, but others I ignored completely. For example, the supply seems to me too important and I always try to analyze it according to the price and the market capitalization.
The next time I go to buy a cryptocurrency in the medium or long term, I will analyze all that to see if it would be a good investment.

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Well, I can classify your topic among the most important topics in the forum due to the amount of important information contained within it

I have mentioned the most important things that make us choose the digital currency correctly, and this is very important for us to preserve our money and to choose a good currency to invest in the long term

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Patience is that the key to success in trading, with an honest study of the changes within the price of the currencies during which we trade, thanks my friend for this whole explanation that helps us as new members in developing our trading skills.

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I think we must take into account what we are looking for when investing, more or less risk, volatility and term, the more risk we are willing to accept, we must look for projects that have not yet exploded, but that can leave large profits , I believe that the possible gains are proportional to the risk that we are willing to take

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Finding that out shouldn't be that hard, but with crypto talk forum you can learn from the best expertise here to help with the situations so as to know more about the coins we intend to invest on.

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First of all you need to check the coin in the coin market cap and then read the review about that coin which you want to buy and when you see the positive review and you see the coin good trading volume then invest in that.


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You must carefully study the cryptocurrency markets before buying and investing in them in order to make sure that the currency you want to buy is active in buying and selling in order to keep your money safe and keep your profits through this work

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6 hours ago, Muhammad Saleem said:

also use a website named as Coingecko.com. It contains information about total supplies, marketcap, prices, priorities, and circulation of that currency in market.

You can say that coingecko is an exchange  site where almost all the crypto coin update  news available  such as how much their price is,  about coin total calculation  supply ,  within one day a coin how much market gained  but the site Won't  let  you know  which coin is legit and which is not @Muhammad Saleem

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I think you can find the best cryptocurrency at a time when we have a lot of knowledge and experience.This can happen when you spend too much time inside the crypto industry and learn a lot of things.If we invest in any cryptocurrency without searching, then we will lose.

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We can identify real and favorite cryptocurrencies by searching the list of currencies and looking at the most valuable and popular cryptocurrencies and watch out to choose the oldest and most popular, so as not to fall into the traps of counterfeit cryptocurrencies. 

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Thank you for those information, personally i don't spend too much time to buy currency , i have a very experience friend and he's giving me some advice about long term investment coins. Of course i am checking those coins by myself but, i don't have a time to check every coin. If the coins project can be useful in  the future we can invest, that's why i always ask myself , is this coin can be succesful in the future ?

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    • Международный поставщик биржевых фондов WisdomTree стал одним из первых эмитентов, чьи криптовалютные ETP котируются на LSE. WisdomTree , международный биржевой фонд ( ETF ) и поставщик биржевых продуктов ( ETP ), получил одобрение Британского управления по финансовому регулированию на размещение своих ETP с физическим обеспечением Биткойна и Ethereum на Лондонской фондовой бирже ( LSE ), отметив поворотный момент для отрасли и профессиональных инвесторов из Великобритании.   Криптовалютные ETP компании уже котируются на других фондовых биржах, включая Deutsche Börse Xetra, Swiss Stock Exchange SIX и Euronext в Париже и Амстердаме. Ожидается, что ETP Биткойна (BTCW) и Эфириума (ETHW) WisdomTree начнут торговаться 28 мая. Стоит отметить, что биржевые ноты (ETN), предназначенные для торговли на LSE, предназначены только для профессиональных инвесторов и будут работать в определенных торговых сегментах. Каждый криптовалютный ETN может предлагать до трех различных валютных линий, что повышает гибкость для инвесторов, стремящихся диверсифицировать свое воздействие на криптовалюту через традиционные финансовые рынки.
    • CryptoNews of the Week     – On 20-21 May, bitcoin surged sharply for the first time since 9 April, approaching $72,000. This rally was triggered by data showing a sharp increase in investments in BTC-ETFs, reaching a nine-week high. According to CoinShares, investments in crypto funds rose by $932 million last week, following an inflow of $130 million the previous week, marking the highest level in nine weeks. Additionally, Grayscale's ETF saw its first-ever inflow of $18 million. Analysts believe this surge in digital asset investments was a response to the May Consumer Price Index (CPI) report in the United States.   – After bitcoin rose above $71,000, its price hit new all-time highs in the local currencies of several Asian and South American countries. According to CoinMarketCap, BTC reached a record level of 11.2 million yen at the start of trading on 21 May in Japan, marking the first time the flagship asset's value exceeded 11 million yen. Bitcoin also hit a peak in Argentina, reaching 63.8 million Argentine pesos, slightly above the 14 March high. In the Philippines, bitcoin briefly climbed to 4.18 million pesos, the highest level since mid-March 2024. BTC prices in several other countries, including the UK, Australia, Canada, Chile, Colombia, Egypt, Israel, Norway, India, South Korea, Taiwan, and Turkey, also matched or were very close to their mid-March peak prices.   – Santiment noted that bitcoin had not shown positive dynamics due to small traders selling off. According to The Block Research, the rate of new BTC wallet openings fell to a six-year low post-halving, reflecting a general decline in enthusiasm after the failed April Bull Rally. However, whales started actively buying BTC from small players, driving the growth at the beginning of the current week.   – Kyle Schneps, Foundry's director, believes that the introduction of a 30% tax on the electricity used by BTC miners could collapse the industry in the US. Darin Feinstein, founder of Core Scientific, shares a similar view. He believes the proposed energy tax legislation by the current White House administration could significantly damage the US economy. Schneps predicts mining companies will seek new regions to continue their operations, with the Middle East becoming a preferred location. In 2023, Russia ranked second in mining volumes after the US. BitRiver's calculations showed Russian miners produced about 54,000 BTC (around $3.5 billion) last year, with an average of 22 GW of mining capacity (compared to 1 GW in 2022). In the US, 143,000 BTC were mined over the same period, using 5.3 GW of power (up from 3-4 GW in 2022).     – Haseeb Qureshi, managing partner at Dragonfly Capital, expects the Biden administration to soften its policy towards the digital asset industry soon. He believes US authorities do not want to lose the votes of cryptocurrency users in the upcoming presidential elections. While a complete policy reversal is unlikely, some easing of the stance is expected. According to former CFTC chairman Chris Giancarlo, “Donald Trump could reasonably claim the title of the first US cryptocurrency president due to the launch of regulated bitcoin futures in his first year in office”.   – The leading altcoin surged even more than bitcoin on 20-21 May. Bloomberg analysts reported that the SEC (US Securities and Exchange Commission) had changed its stance on the launch of spot ETFs for Ethereum. The regulator requested expedited updates to applications for such funds, with the first decision (from VanEck) expected on 23 May. Following this news, Ethereum's price soared by over 25%, reaching a peak of $3833. According to Coinglass, the total amount of liquidations and forced closures of short positions on crypto exchanges at that time amounted to $340 million. A total of 78,800 positions were liquidated, with the largest individual liquidation occurring on the HTX exchange, amounting to $3.1 million for the ETH/USDT pair.   – QCP Capital analysts believe that if spot ETH-ETF applications are approved, Ethereum's price could surpass $5,000 by the end of the year. Standard Chartered expects capital inflows into such funds to reach $15-45 billion (2-9 million ETH) in the first year. This influx would drive the asset's price to $8,000 with bitcoin at $150,000. Bold forecasts from the bank's analysts suggest that if market dynamics remain positive, Ethereum could reach $14,000, and bitcoin could rise to $200,000 by 2025.   – Markus Thielen, an analyst at 10x Research, predicted that bitcoin's breakthrough of the $68,300 resistance on 20 May could catalyse a powerful rally. QCP Capital expects the main cryptocurrency to reach $74,000 in the coming months. The company's economists believe that institutional acceptance of cryptocurrency is accelerating, and improving global economic conditions create a favourable environment for capital inflows into risky assets. The approaching US presidential elections also improve investor sentiment.   – The latest version of the GPT-4o artificial intelligence from OpenAI predicts that bitcoin's price on 1 August 2024 will be in the range of $76,348 to $89,108, considering current market factors and historical trends. The Anthropic AI model, Claude 3 Opus, offers an even more optimistic forecast, indicating a range between $105,072 and $167,808 by the specified date.   – Linus Torvalds, creator of the Linux operating system, is highly sceptical of digital assets. He expresses bewilderment and regret over claims of cryptocurrencies' long-term value and the omnipotence of AI technologies. Torvalds believes cryptocurrencies are excellent tools for fraud and are widely used in various Ponzi schemes. "I don't believe in cryptocurrencies and see them as a tool for taking money from naive and impressionable users, just as I don't believe in Santa Claus, the Tooth Fairy, or the Easter Bunny," he stated.   – Peter Schiff, a well-known financier and advocate of physical gold, has once again declared bitcoin a "dead cryptocurrency." Like Linus Torvalds, his negative comments aim to prevent potential investors from making a serious mistake by investing in this "pseudo-asset." However, the "gold bug" Schiff promised that if bitcoin enthusiasts stop comparing the cryptocurrency to gold, he would cease publicly criticising it.   – The court found Craig Wright guilty of perjury. "Dr Wright's attempts to prove he was/is Satoshi Nakamoto represent the most severe abuse of procedure [...]" the court's decision stated. "It is evident that Wright deliberately created fake documents to support false claims and used the courts as a means of fraud." "Wright's testimony was at best unreliable [...] and at worst fabricated," the judge declared, expressing complete confidence that Wright repeatedly lied to the court in his testimony. These perjury facts may now be referred to the British prosecutor's office. However, in a tweet on 20 May, Wright announced his intention to appeal the decision.   – Controversial blogger and former kickboxer Andrew Tate announced his intention to completely abandon fiat and invest over $100 million in bitcoin. He aims to break free from "banks, their money, and other scams." Tate promised to provide evidence of his actions. It is noteworthy that Andrew Tate, a millionaire and former MMA fighter, is also known for his misogynistic statements. All his channels on YouTube, TikTok, and Instagram are blocked.  It is known that Tate and his brother had been arrested in Romania on charges of human trafficking and rape. According to Romanian police, Andrew and Tristan recruited women for pornography. Romania TV reported in late 2022 that Swedish eco-activist Greta Thunberg might have been involved in their arrest. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
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