How to discover a good coin to buy - Page 28 - For Beginners - CryptoTalk.Org Jump to content
Celestine Timothy

How to discover a good coin to buy

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With regard to initial public offerings, all the new currencies draw for you that they will occupy first place in the market and their projects will solve many problems in the network. In the end, we see a sharp drop in its price, and they say that they failed, and you find that you have bought a digital currency that is worth nothing in the market.

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To search for a good currency to invest, you must first verify the reliability of this currency, the difference in the currency, the lined bevels by the work team, and read the white piper of the currency

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you must do your own research first if you wanted to choose a good coin/token.. you can not determine the coin if its good coin/token or not by looking at it.. you should do research every certain coin/token you wanted to chose. 

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a good technical and analytical analysis of all investment .. and see in a broad field what is the current market trend.

1: check if the chosen moment, especially in ico or ieo time, is a trend such as Defi projects (de-tuned finances)

2: technical analysis if the currency has been around for a while and is about to be entered in an exchange that makes the price move significantly

3: always keep an eye on bitcoin in every cryptocurrency investment to see if just on those important launch dates, btc is not suddenly lateralizing in a way that strongly affects other altcoins

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if you are looking for a good coin you have to analyse it by technically and fundamentally and if you want to trade your purchase and thing regarding cryptocurrency you can go and sign up on yobit.net

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Researching the coin is one advantage if the coin is just starting, also checking previous trade chart for the already existing coins is better.

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How to discover a good coin to buy? That is the million friend question! But always do your research on the fundamentals and the people behind each ICO. Searching for information and asking questions on this forum can be the difference between winning or losing.

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On 12/30/2019 at 6:53 AM, Ardian1206 said:

I think you have to find trading volume on an exchange so that you understand which coins are more people trade so you understand which ones are good for investment in the long and short term.

Good morning group. It is best to do your research and read before making any investment. There are many specialized sites that give you very good information, such as CryptoTalk, so that you can decide what to invest in.

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To discover a new currency and invest in it, you must first learn a lot about it, then talk to people with experience in the study of graphs and do a good analysis about how long you will have it and how much you will pay for it.

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Para descubrir una buena moneda para comprar, solo tenemos que investigar más sobre ella en profundidad y saber qué será de ella en el futuro para saber cuál es la mejor manera de ver qué será de ella en los próximos meses o 1 año.

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A lot of skills are required to determine a good coin or token to buy. First, what are the use cases of this token or coin? What are the indicators saying? What fundamental news are there for the coin or token? These and many are the determinant factors.

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Choosing the right cryptocurrency to invest This is up to you and for the analysis you have done of the cryptocurrency market, not everyone on this forum can expect you the right cryptocurrency for you, as that has to do with a lot of variables

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I think that basically these are three conditions to follow:

 

Good team to support the project

 

Solid and innovative project

 

Exchange in which it will be listed

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What defines that a coin is good to buy is the high demand from people which increases its value, and nothing is certain especially when it is new on the market. Tell yourself that a lot of people invest in new money with the expectation that their value will go up. But in general, if people start to buy, it means it's good.

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Maybe it is an analyst with many years of experience or a team specializing in analyzing ICO projects for investors intending to buy!

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This knowledge of a good currency for investment is something that requires a lot of experience and knowledge of cryptocurrencies and their prices.  You need to learn more about cryptocurrencies, analyze prices, and know when prices go down.  You need a lot of experience to be able to know the right currency to invest.

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Good for me to buy a token, I follow the news and see how it did in the market, for example twt when they took out that it was going to be listed in enchaged binance, it was speculated that its value would rise and it already made it from 0.02 it rose until today 0.16 is little speculate and see how the project is.

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That depends on each currency of the fluctuation of this because not all currencies cost the same and have their peaks of increase or decrease in pressure, the first thing I recommend before investing in a currency is that you take good care of yourself and then invest, Here you do not have to invest blindly, to win you must know very well about the fluctuation of crypto currencies.

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I think that as all investment is to do research first before investing and I think this applies to cryptocurrencies alike, I think that the best currencies to invest are those that are backed by recognized platforms.

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The only way is to be aware of the market, if you look at a currency that has appreciated a lot and is hitting an option that would tell you to buy it, but there everyone, look at the graphs, that is the most important

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I follow them on Binance for their volume and the percentage of growth they have given in the last 24 hours, you should also investigate their project behind this company.

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