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Celestine Timothy

How to discover a good coin to buy

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4 minutes ago, Martin17 said:

Knowing whether the currency is good or not depends on several factors, including knowing the currency’s strength in the market, whether it is in circulation or not, and how much money is invested in this currency, as well as the lowest price and the highest price the currency has reached. Either knowing the good currency to invest in the initial offering stage  For the currency, it is very difficult and no one can know precisely because it is possible that the price of the currency will drop significantly when it is traded.

yes ok, but I think the problem is posed on the new tokens and not on the historical ones.

 

But we all know that if you want to make money, you have to invest in new projects.

 

It's not that easy

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No have good coin and no have bad. When you enter market get to know that there others who have entered market to make money from you . When you lose someone gains.

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Read the posts of people who understand this. Analyze the market and make forecasts. Make a strategy for which you will trade.

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Hey bro! In order to buy cryptocurrency wisely and not lose money, you need to thoroughly study the project. The very minimum of what you need to know in order to protect yourself from losing money.

1. Study the development team. If you don't know anything about the developers or they are anonymous, most likely you are dealing with a Scam.
2. check how the coin is working on Github: whether there is support and updates. What does the team share?
3. Social networks. If they are active and do not have spaces in the posting, then everything is OK.

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On 29.12.2019 at 19:34, Celestine Timothy said:

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

On the forum you can find topics related to this. All the information you need is on cryptotalk. Good luck with your studies and earning!

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I think that in order to find a good promising coin to buy, you need to study new projects in the field of DeFi, the cryptoindustry does not stand still, it is constantly developing, so I advise you to spend more time studying new projects. Accordingly, it is profitable to buy tokens of the project that is just starting its development.

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On 29.12.2019 at 19:34, Celestine Timothy said:

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

Personally, at the moment I just read and do not make any investments yet. I think any coin is unstable at the moment. While thinking about this question. Good luck with your earnings!

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It seems to me that it is better to invest in old coins that have already shown good results ,such as BTC (I am sure that its current price is not the limit), wait for a good entry point and buy for a long time.

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There are many different ways to find out which coin to buy. Some telegram channels consist of useful information about interesting crypto projects. I found about this forum exactly right there

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First you have to check the backround of the Coin. For example. Who are the Founders? What did the founders do in the past? Did they have any other proyect  related to criptocurrencies in the past? Did they have succes in the past? You have to check videos, interviews with the founders. What is the basement of the coin? So you will have to make sure that it is worth investing in xxx coin. It takes time to search before investing.  

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Befor u invest in any coin u can sersh and read about the coins project , ther is many scams and poor projects , the project u must invest in it mus be stronge 

And with the experience u can able to know the good project and invest in it 

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😎 To discover a currency with a future you must take into account several aspects: 
-program or launch project. Contract.
-functions
-market capitalization
-% of crypto owned by its developers
-novels and innovations. This has to do with new contracts or companies that sign for their use
-market fluctuations.
Logically it will ultimately depend on supply and demand. But you should always know what each currency you want to invest in is about.

 

😎 

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When a good coin comes the market is often hyped about it like now their is minex coin which gives us much profit in the time so at that time we will know which coin is good to buy

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The best thing is to investigate about the company behind the currency, their trajectory, projects they have done before, how many tokens will come out to the market, future price projections, reading about that is very important to have an idea of whether or not to invest in that currency.

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My dear mate finding a good profitable coin is not very easy way. In my opinion You have to go for standard coin like btc,xrp,eth,trx,ltc  etc. in price chary whent the market continually going bearish You  should buy crypto which one are suitable for you.But you have to analysis all of historical data the coin which you want to added your investment.

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The best way to know if a currency has good potential is to carry out a detailed analysis and study of it, look at aspects such as knowing if it is a serious project, the support and dissemination it has in the media and social networks and the interest that awakens in people.

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Go through the announcements and filter those that make sense or you find attractive to a lot of people. Also, scrutinize the ones that have a lot of social media influence and followers as those are the likely profitable ones.

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During the ico period, the validity of the project cannot be determined, but when it enters the market, you can follow it closely and make the right decision.

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if you want to invest for any coin, you should be searching about new coins and follow all news of those coins before choosing a coin, for do not purchase a fake coin

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well u canchek for big promo from companys that wanna make their own crypto, usually they get huge announcements about their coins

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Hi. To begin with, I want to say that ICO is very risky, I prefer IGO. However, if you still chose an ICO, then you should approach the choice responsibly. You should pay attention to whether the project has social networks, whether the project has agreed to list their coins on any exchange, whether the project chat is active, and similar factors.

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To not fall into scam trap you should do your own research and analisys before buying coin also you can ask opinion of people that have experience in this bussiness. After you done that it is a little chance of losing your money. 

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