How to find out best crypto currency

[Syedbesharat 5423]

1 hour ago, Dorjoy12 said:

@Syedbesharati have point out the reason what you have said in my topic... So i suggest you once more time to read my Topic.. I have said that the project success depend on the project developer roadmap where everything get mentioned clearly how they will increase their coin value step by step.. Also the coin value depend on any token total supply.. Again i have talked about coin stability.. So before choice any coin you must remember the 5 point..                 

I have fully read the content then comment on it. Those are some extra phrases which I relate for ico, ieo those who but during air drop. You have excellently executed the topic but I am not posting ambiguously. I am fully agree with you on all points but it is also a fact last year dosen f new  project shut down and people suffer from that. Before buying any coin buyer have clear conscience why, where, how much and what Will he do during token/ coin up down. 

[abbys 3]

I also went through the same thing, searching the internet, although the information that is found is not always true. In the end I decided on the doges and trx

[yonkii 3205]

This is very good instructions and I'm very thankful for creating this post. I want to invest the little I have in crypto and try to give a chance to me and make money but I'm very fearful of scam projects and coins that will certainly fail so I'm only for now look to invest in some of the good coins in yobit and some of the investbox plans or in virtual mining that I consider to be safe investments.

[Raqeebzy 6456]

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

(1) Concept

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

Great mate. I can believe these are good criteria to look into before trusting investment into q project but I with my little knowledge and experience, I believe there is more to those especially the development team of a project should also be considered. Similar previous projects they have handled and the successes; they are vital imo.

[cryptovlek 2597]

On 9/30/2020 at 12:16 AM, Dorjoy12 said:

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

These are very important details we have to look when making research on a crypto project. I would add that the team has to be known and not anonymous as most scam projects can exit easily having fake team members or uknowns.

[jfcrypto7 131]

Excellent post, you don't know how many times I have heard of people getting scammed when investing in any coin. Because you normally tend to invest if you have heard about the project and if someone who is close to you recommended the project, your post provides a guideline you can follow not to get scammed and loose your funds at last.

[Jaafar Fahad Hassan 114]

7 hours ago, ndadukun12 said:

Understanding what you are investing into is very vital and you need to make sure you understand at least to an extent before putting your money. There are thousands of coins and just because they are many does not mean you have to invest in all of them. So I would definitely suggest that you only in coins that are already established because you are guaranteed to make long term income there as opposed to coins that aren't established yet or have low market capitalization.

Thanks for this added value talks, that's true, investing in low coins will guarantee,and the investment should be in a form of long term investment. Thanks once more for this

[duncun007 3577]

21 hours ago, Raqeebzy said:

Great mate. I can believe these are good criteria to look into before trusting investment into q project but I with my little knowledge and experience, I believe there is more to those especially the development team of a project should also be considered. Similar previous projects they have handled and the successes; they are vital imo.

yea i agree with you, the development team play a vital role in building the trust in the coin, as we see the whole crypto community lost faith a while ago when WAN made a competition and the winner was one of the staff, they lost credibility instantly.

[Raqeebzy 6456]

19 hours ago, duncun007 said:

yea i agree with you, the development team play a vital role in building the trust in the coin, as we see the whole crypto community lost faith a while ago when WAN made a competition and the winner was one of the staff, they lost credibility instantly.

Subsequent projects of such from the same thing cannot easily pass credibility test and convince the targeted audience. A team credibility and history plays a huge part in success of a project but we seems to ignore that most times. 

[freelancer2097 71]

i think the most important is does websites that provide a service accept that coin as a deposit option or not. by this method you can be sure about your choice.

[Ikram mohamed 27]

You should research first before any investment, go to coinmarketcap and learn about the most ranked coins there, go to their websites, twitters, track their technologies

[toopizza 60]

I used to read a lot telegram channels trying to get on the hype train of new cuttencies. It didn't work out so I dropped the idea nd start to treat it like gambling

[Poezdec 1]

Informative and important post, clarification is what some people pay for just to learn, we get it here for free, thanks buddy and thanks to this crytotalk forum for this great chance

[mayabdalla 19]

Look on currency rating sites and follow social media for the currency's address and their respective websites

[Rosarvx 965]

you should pay attention to the quantity of supply and demand when you buy a particular digital currency, and one think in crypto if we invest in new coins then we need patience

[BrolySSJ 7899]

This is a very excellent nd detailed post about choosing a crypto to invest in. I think that these points are applicable not only to the beginners that are looking to invest in crypto, but also to the senior and more experienced traders when it comes to choosing new coins to invest in. I think that the most important thing is the popularity of the coin, because it is this factor that will drive the price of the coin, as can be seen by coins such as bitcoin and Ethereum. Therefore, as long as the coin is legit with a large enough supply chain, but not endless, popularity is the most important factor. 

[expert_para 80]

Many factors are influencing the quality of the crypto money exchanges,the current social media accounts,the purpose and usage area of the project,the quality of the whitepaper to determine the best of crypto currencies.But every time a project should be analyzed in detail before investing.Investment is serious business.

[maryoar 148]

Finding the perfect Cryptocurrency for us will depend on the study and documentation that we find, we have to investigate the trajectory time of the digital currency, who are the ones behind the project, if the cryptocurrency is profitable, also carry out a prior technical analysis and fundamental to see the future scenario of it, in short!

[Shaza Ahmad 1682]

For those who want to invest in a cryptocurrency without looking at its current price, I think the most important thing is the roadmap, the popularity of the team and its past achievements in any field that proves to be a successful team.

[Brandonsaw 1973]

To find the best cryptocurrency and that it is very profitable, you should see if it has a lot of purchase demand if you find a cryptocurrency so be sure that it will give you a lot of profitability and too many profits.

[SuperCrypto 7193]

On 9/30/2020 at 12:16 AM, Dorjoy12 said:

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.. 

 

For beginner investors, it is best to stick to investing in a cryptocurrency that has already proven its value in the cryptocurrency markets. And choose from the projects currently on the ground and monitor their data in the market.

[ramonn22 731]

Hello dear friend, thank you very much for this information that you provide to all the users of this community, which is very useful for many of us since you offer us valuable information about Cryptocurrencies
Good luck to the whole community and great profits
A big greeting

[Calvinpriva 17296]

On 9/30/2020 at 12:16 AM, Dorjoy12 said:

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

Good post, but we should be very careful about this POPULARITY when we chose a coin to invest. Scammers have take this as an opportunity for them to attract many people and steal their money by using fake coins/tokens via airdrop mostly. So we should be careful so that we can not be attracted by scam coins.

[tienda 8776]

2 minutes ago, Calvinpriva said:

Good post, but we should be very careful about this POPULARITY when we chose a coin to invest. Scammers have take this as an opportunity for them to attract many people and steal their money by using fake coins/tokens via airdrop mostly. So we should be careful so that we can not be attracted by scam coins.

Great topic Dear @Dorjoy12 all your point are important, and also I agree with @Calvinpriva we should be careful about the popularity. Because also the scammers invest on their fake coin pumping them for the first time as Technic to attract victims. So a strong search needed before you take a decision!

[Dark Shadow 295]

1 hour ago, Calvinpriva said:

Good post, but we should be very careful about this POPULARITY when we chose a coin to invest. Scammers have take this as an opportunity for them to attract many people and steal their money by using fake coins/tokens via airdrop mostly. So we should be careful so that we can not be attracted by scam coins.

You are correct @Calvinpriva. There are many scam tokens/coins that are distributed through airdrops. The main purpose of the tokens/coins is to attract investors by using popularity and after they have enough investors they remove their tokens along with the invested money.