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Celestine Timothy

How to discover a good coin to buy

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This is really good question.... The most important thing to check is team who manager this coin or token

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Do your own research in coinmarketcap.com and coingecko.com, select solid coin and go to that exchange, buy that coin.


It's my signature

 

 

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18 hours ago, Dark Shadow said:

Firstly you need to got through the market cap and decide the coins you want to invest in.

Secondly you need to do your research and read their whitepapers. Reading PDFs may not be the most exciting of things, however, you absolutely have to put in the work beforehand before you reap any sort of benefits.

Reading the whitepaper itself will give you two tremendous benefits:

  1. Firstly, you will be more knowledgeable about the coin itself and learn about the utility that it is bringing into the ecosystem.
  2. Secondly, a poorly written whitepaper is often a good sign of knowing whether a project is worth investing in or not. If the team itself can’t simply explain the true utility of their token, then it is probably not worth investing into.

                                                                 ||Hope this information helps||

Thanks @Dark Shadow for doing all this research and posting this topic to give us some information.You are doing a great work as a new member,keep it up.

As for the coin to buy for investment,you will have to ask the seniors members about it.Because they are well experienced and can tell you all about the successful coins in trading.I myself like to trade in MINEX coin because it is quit cheap and if you buy them in large quantities only a small increase in price can give you a lot of benefit.


                                   

 

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One of the main criteria for finding a good coin is even a minimal analysis of it. Find out where it is traded, what trading volume, coin capitalization, and other highlights. Even with this information, you can get an idea about this asset. And so most of the coins are shit coins without any potential

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You need to look at the price chart of this coin, this will help a lot, you can also read analytics from known resources, but in fact, none of this gives an accurate forecast for any coin

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On 12/29/2019 at 1:34 PM, Celestine Timothy said:

How do one discover a good coin with great potential to invest in,more especially during ICOs period.

Everything is a matter of seeing what your project is constituted in, the people who work in it is also essential because if they have worked in previous projects that gives reliability and confidence to the people who want to invest in this new one, everything is about to read and see what each project is based on, from there the option of whether to invest or not

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When people think of cryptos, they often think of Bitcoin.  Therefore, it is a popular currency with high demand. Thus, chances are that a lot of crypto investors will have some Bitcoin in their portfolio, and especially the biggest investors.

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In my opinion, it is the hardest thing what everyone of us should do, because to discover a good coin to buy sometimes we need a lot of time, patience, but if you will spent it and discover good coin, then you will surely get good profit 

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Good coins came from realistic plan and enough resources. You must find the true information about coin specification and roadmap. The roadmaps function is to give you big picture of how they run event/ program to support their project.

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Excellent question my friend, if the answer were so simple, believe me we would all be rich. Essentially you should study the objectives of that one, I mean behind the project that it has behind it.

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hi everyone
this is a good question
you must take enough time and browse max exchanges, and each token that you find interesting you must understand their project
have nice day

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Many new projects made a good impression at first but were suddenly abandoned. Partnership and community are the key to the success of projects. Currently the world is experiencing a global crisis due to Covid-19 and many projects got stopped. More users are more concerned with the value of tokens than technology. I think I’m holding some of the best projects tokens in cryptocurrency. Not all but some, definitely I hope will be 100x in the future.

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You can’t exactly know which coin gonna blow up soon. Only thing you can do is always check and verify any information you receive an be smart with your investments. I also recommend you withdraw your profit immediately. Being too greedy can lead to losing all of your money. So the only way to do discover a good coin to buy is your attention, information checking and not being greedy. Every coin could be good if buy/sell it at a right time.

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I thought a good coin should be a large community at the beginning of ICO for example in groups in the telegram a lot of subscribers waiting for the release and its also need to know about the team that issues this cryptocurrency should be a good team of developers and managers.

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On 30.12.2019 at 00:34, Celestine Timothy said:

How do one discover a good coin with great potential to invest in,more especially during ICOs period.

I think if you want to disciver platform, you must discover opinions of respectful alalysts. But if you are not begginer, you can estimate perspective of coins with new technologies by yourself. But that,s much harder...

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This article is very difficult to tell  coins can't be trusted to buy because each one depends on the market investment and even we we take look at bitcon before you got one bitcon it's small amount of money you will be required so the fact is this people wanted to invest much with bitcon and etherium than other coins

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Whitepaper is the most important part of a new project. We should also check their roadmap. Good projects have good support by big big companies and persons. If the ico arrenged in a big exchange then  it is also a plus point for the project.

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Always make a research first like the remarks of it from other people, company reputation, its liquidity and other important things since there are so much scam token nowadays. If you find it suspicious then It is better to be careful than to regret investing at the end. If I were you I would choose the most popular one since the reason why it is popular because of high demand.

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Please run away from Icos because majority of them are scams. Make your own research yourselve, try to read about projects and see any that interest you with a very good development going on, goodluck.

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Trying to make sure the crypto isn’t just being pumped is the hard part. Because we all know what happens after that.

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para comprar una moneda hay que revisar los historicos de esta  si ya esta dentro algun eschamge como yobit.net  sy es nueva  revisar el equipo que esta trabajando en el desarrollo del proyecto porque eso pesa mucho a la hora de un inversionista grande y el resto es suerte

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