Bitcoin Forum

I wrote a full article on how to evaluate coins/tokens: The Right Way to Evaluate a Cryptocurrency (http://www.goo.gl/KJFckH)
*If you enjoyed this, dont forget to give it a clap!


How many of you actually take the time to evaluate coins you invest in? Or do you simply look at an "expert" and follow calls?

I think the most important thing to do is to follow the questions in the Medium posts in order to accurately give the coin an evaluation.


Thoughts?

Great job, buddy. I am evaluating mine, but I see so many lazy people that just jump from telegram group to telegram group where another lazy people give their superficial suggestions. Such a waste of time.

Thanks, and yes I agree. A lot of people dont want to put in the work and then end up losing money and get upset. If you put in 5 hours of work with $1k in crypto, you could make 10k and then that 5 hours of work is now $1.8k an hour :p (Granted 10x is not guaranteed, just a fun little example )

I try to listen and watch both the volatility of the coin and the news about the project that issued this coin

This is good to look at as-well. Keeping the roadmap in mind is key.

Excellent work bro. I admire such people who are ready to share their precious experience and knowledge with the whole world. Continue in the same spirit, develop your blog.

Thanks I appreciate it :) If you have a Medium account dont forget to clap it. If you have any questions you can always PM me.



Thanks man I appreciate the kind words :) If you have any questions feel free to PM me.

A coin must have clear fundamentals and have a clear value proposition. Does it solve any of the fundamental problems that current crypocurrencies face? If no, then no matter how high it goes, it will all be due a marketing/hype-job whose will be short lived and will leave everyone that doesn't dump on time bankrupt. This describes 99% of altcoins out there and this is the only valid analysis.

This is very true and is certainly a part of the evaluation process.

That was a good read! Thank you for sharing this to us.

I think I am one of those who just jump on an investment and wait for it to profit as I don't usually check the background of any token I am buying, I depend a lot on the feedback of a trusted friend. Since there's a lot of tips on your article, I think I'll apply it on my self too.

Thanks for the link Tim, I have added it to a list of things to
check out later. Before I get into any sort of crpyto token
or coin I try a get a picture on what it is about, what the
project aims to achieve.

It is easy to get misled in search of information, there are
a lot of youtubers promoting particular crypto ICO's,tokens and
services and benefiting from that which is fine but promoting
scam tokens and sites while benefiting is not ok with me.

Generally speaking if anyone is "pumping" a particular token
or service with a referral link I dont follow, and in my book
anything else that person promotes isnt worth investigating.

But thanks for the link, i will view it later and edit my post here  ;)

Thanks I appreciate the kind post. Yes this is a HUGE problem on YouTube right now which is why I created my non biased channel. It is hard to find people that are not promoting shitty products/coins and sometimes it can be hard to even tell if they are being paid etc. Misleading information really hurts the community and new comers *cough bitconnect youtube promoters*


This is also a good practice, if someone is just promoting, they are a marketer not a cryptocurrency enthusiast.

Nice write up, thank you for the efforts. I do research before investing in any coins or ICO projects. Research is essential in investing, especially with your hard earned money.

No problem, I appreciate the comment :)

with the notice of appeals as moderating use of release from developer investors to gains of collection with the supports on referring decision to enter with the less on risks and targeting returns of completion.

Yes of course, it is good to find a balance and not solely depend on advice.

I definitely try to do my own research but also have a group chat with friends that we discuss issues in.  I also have a close friend that we all consider an expert and we do value his opinion and experience greatly.

That is a good way to circulate information and can be very helpful!

Thank you for the good article and I hope people will learn from this so they could add other information to them, at least they can know how to evaluate the coins. by combining what we read on that site and the other site, I think we can have much information that might be useful for us to analyze each coin so we can decide how much profit that we want.

Here probably nobody will help you with this, the fact is that the evaluation of the tokens actually only starts the price of the ICO, and what the price of the token or coins for the ICO is probably only for the developers to know. I've never thought about it, it's worth thinking about.

Evaluating coins or tokens is based on the claims the tokens make to seek crowd funding.,the team of the project and the believe investors have in the project to materialized.

wow, that was really nice article. i mean taht full explanation and change how i see my investment. Ussualy i buy when dip sell when high like another person do, but now ill be more carefull and try to gain stable profit everyday.

excellent aiticle , I read all airtcle And understand how to judge good coin , which facts need to count in mind while Investment. My question. If the coin is not registered not on Coincapmarket market still and Price goin down Each day. what should we do at this stage . i know this is silly question but I have invested 400 usd in one coin And Currently its become 250$ I am just keep holdinh and Waiting for right time

Good post , I will definite follow your advices ,spend time to evaluate coin/tokens before investing.

I think best adive is to read. You should read pages from pages every single detail of that coin. It will make you realize how ads are nothing but lies. So in the end you will find out best projects. Repux is nice one.

Thanks I appreciate it :)

A must read for those beginners who wants to start investing in an ICO or a particular coin it is indeed that proper knowledge is important in evaluating a coin or token because I'm pretty sure many here depends their investment on how other people decide and only copied majority of investors without even knowing what's really behind that thing.

Thanks man! :)

this is a very difficult subject indeed. there are too many parameters that change this situation. it is efficient to decide what can be done after it has been thoroughly studied and researched

well said. What I understand is that you need to understand what this technology needs to do. Also understand what you want to do. If there is no certain practicality. That is sooner or later to collapse. To analyze what is useless coins is really not easy.

Yes, I also fully agree with your opinion that a fairly high-quality article has been written about the evaluation of the coin and of course this will help us all to correctly evaluate certain projects, but let's not forget that there is always a risk and nobody does not guarantee the correct outcome

Every investment has risk, but if you evaluate the coin then you have a better chance than simply picking random coins.

I don't understand how anyone can invest in anything without doing their homework. You work so hard for your money, much too hard to simply throw it away. I like to follow the Dev and get an idea of his vision for the future of his coin/token and if it is backed by a good project ot not. I prefer there to at least be some sort of main idea and reason for the coins existence.

The checklist you mentioned is usually use when evaluating ICOs but when the coin is already in the market then it would depend on the developers if they are active in the project or not. It is also about proper communication because the market becomes stagnant for that coin because the creators of that coin are not very active as well so investors are getting impatient for updates. I am a short term trader so usually I am just updated to the latest news about some coins because these coins usually get the attention of the public and there would be a demand for that thus an increase in price. If you want to invest in a coin though for the long term then this list is needed.

In my own understanding there's a lot of things to consider when evaluating good ICOs and coins if you know how to research outside from this forum.
In my personal experience, I always visit coinmarketcap.com and look at the top gainers and losers of the day or week.
I also watch some YouTube videos about their coin evaluations, I know that some of them were paid by the companies but they are also Youtubers and Cryptocurrency evaluators they are neutral and evaluate coins according with their own humanly understanding.

Many ICO investors were early bitcoin/ether adopters. So they have crypto to spare. If they take a part of each pie, they could end up with even more profits.

I"m not saying it's smart or right. Just trying to get into their heads.

Always ask others can only get the opinions of others. I do not understand will ask others. But still have their own views. So still need to analyze their own.

People under estimate how smart they actually are. If you take them time to learn how to evaluate and then the time to actually do it, you can make a lot of money.

I am so pleased with your article! It is very straight-forward and informative. This is something I can share with my friends because recently, I felt I wasted a lot of effort in an ICO. And you are right, some whitepaper lacks the #15."-Is it absolutely necessarily to have the coin?". For a fairly new ctc investor, it takes me hours to evaluate a coin, but it really helps.  I've also read other of your articles, which are also nice.  :D

Yes.. and no. The perfect coin would have great fundamentals, a clear use case and be at a 50% discount on pre-sale  ;D
However, as thing are today, it is possible to profit from a less than perfect coin as long as you know when to jump of the horse.

Good article, especially like the first line 'The worst thing you can do is panic when the market is down' very poignant today.

There's a lot of information out there and the hardest thing as a newbie is knowing what to trust. I try to look for those that arent providing a referral link or benefit by you going investing in the coin. thats always a good start.

The market going down is really only scary if you dont know what it going on. If you buy coins without researching and evaluating you will be scared.

Hopefully everyone is evaluating their coins so that they don't panic sell. Not that you shouldn't sell, but if you evaluate you will make a better choice.

Thank you for your useful article. I'm looking into whitepapers of some ICOs and found out that there's much to understand an ICOs, about the dev team, company's location, company's reliability, their policies, how they introduce their own coin,... Evaluating coins is not easy, not through statistics on coinmarketcap only ???

You can't find everything you just described on coinmarketcap so yeah it is hard.

that is a good article, I like it but I guess there will be the second part of that article, right? because I think it does not stop for that article and I think it will continue for the next article. and yes, I see there are psychology things that we need to know too in trading because this will work well with our skill in analyzing the coins so we need to look back into the coinmarketcap and find the good coin to invest.

Thanks for well written article and a great read. It's really helpful for someone coming into crypto sort of late.  :)

One of the things that the crypto currencies teach us is the tokens. it is important to choose the most suitable site for the tokens you earn from the campaigns.

besides that, we can get at the high price without we cannot do anything when the price is down too deep and it is better to hold if we are in this situations. but if we can do analysis then I think we can make the order buy at one price level and waiting until our order is filled and I think it still worth to wait than to buy instant.

No problem :) If you have any general questions feel free to shoot me a PM.

Enjoyed the read. This could serve as a newbie tutorial for the newbie investors in the crypto market which could also help out experienced traders like me. Honestly, I got tired of reading the same old threads regarding why Bitcoin or Ethereum etc are falling in value and when they will bounce back which is why I felt that your article was refreshing and pleasant to read. According to me, the whitepaper of a coin/token is the best way to evaluate it since it emphasizes what the team is willing to accomplish and tells me whether this is a legit or scammy coin. Other factors like team, community etc also matter in this aspect.

This requires a lot of knowledge of the blockchain, and long-term update, understanding the nature of finance, careful and calm thinking, it takes a lot of time and effort, you do a great job, and now many people are lazy

Before you invest your money in any tokens, you must first get acquainted with the idea, then with plans for the future and most importantly with the team. If no team member has ever done business with a big business before, you can immediately discard this option. Because to distribute the enormous capital necessary skill. If this skill is not present, there is an incorrect distribution or people start thinking money will suffice for everything. And the like. Then you realized, even the fastest car in the inept hands will come to the finish line last. So with tokens.

On a rough movements on the charts, you can more or less understand the capitalization of this coin and the reality. But it still doesn't give you any guarantees.            

I think as long as you are not working closely within the organization that issued this coin on the market, you may not be able to fully understand its value. Too many factors affect it.

I think to be able to understand it we do not have to directly take part of the organization because we can learn without having to get involved even though it will be faster if we are directly involved in it.

I found this video where Crypto Bobby (https://bestcrypto.tv/author/crypto-bobby/) explains how he does quick end effective research on ICOs/crypto projects:

https://bestcrypto.tv/414/how-to-quickly-research-crypto-projects/

What do you think of it?

This doesnt seem like you are doing much of anything...

I reckon the ability to evaluate coin and altcoins is one of the most crucial. If you always listen to so called “experts” you`ll never grow as a person, as a trader as an investor. In a long-term it is far more useful to learn how to evaluate coins on your own.

I am seeing a lot of people talking about shit coins again, if you haven't read this check it out.

that was really nice article. i mean taht full explanation and change how i see my investment. Ussualy i buy when dip sell when high like another person do, but now ill be more carefull and try to gain stable profit everyday.

I am so pleased with your article! It is very straight-forward and informative. This is something I can share with my friends because recently, I felt I wasted a lot of effort in an ICO. And you are right, some whitepaper lacks the #15."-Is it absolutely necessarily to have the coin?". For a fairly new ctc investor, it takes me hours to evaluate a coin, but it really helps.  I've also read other of your articles, which are also nice.

sometimes, I spend at least 15 minutes or so to analyze the coin that I want to buy because I want to make sure that the coin is in the good price to buy. besides that, I don't look at an expert because it is better I analyze with my own research and no matter the result, it will be good for my lesson. but I read on twitter about each coin so I can get the newest info from the dev and this will help me to choose the right coin.

Understanding how the coin properly evaluated gives the investors more ideas on how to choose the perfect investment that is suitable to their lifestyle and standards that they have

I normally do my own research. I make it a habit of checking out the whitepaper, website, roadmap, team, platform and a lot more. That's how I landed on investing in chozun 途赞. Your article is great.

Thanks I appreciate the kind comment :)

This is still relevant today, and so if you guys are interested in it I would check it out.

 the most important outcomes, and one that must be sustained over time plenty of projects to choose from, hence it will become even harder to assess these projects you can see the activity of each developer individually. This information is key for investigating the development team !!

Personally, I look closely at the very project that supports the coin or the platform.

Excellent, enjoyed it, i followed you and gave your medium post claps. Well, It is essential one carefully evaluate coins before investing. Evaluation makes a good investor and Good bounty hunter.

Thanks, I appreciate the kind words.

On a antsy motion on the sea-chart, you and or fewer explain the capitalisation of this deal a blow to and the materiality. But it even doesn't consign you any guarantees

There was a time when I used to look at the opinions of experts on a coin and followed what they said but at a point I started to see that a lot of people evaluate coins based on their emotions. Now what I do is to look at the coins myself and make sure that I do enough research into the coin before I invest in it. I look at the product, what the project is offering and the people behind the project, this helps me to get a good look into the things that I am investing in.

Most cryptocurrency investments have ended very badly, and that is likely due to people not properly evaluating the tokens. This should be a very relevant thread still, so if you plan on investing in any crypto or anything at all you should look at this.

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Of course, the person himself must evaluate the coins before buying, because it is his money and he is responsible for them. But he can also get other people's opinions. It can be useful.

The mistake so many people make is not taking some time out out of their schedule, to do some research on projects that interest them. Little do they know that even if a project is endorsed by any expert, i does not mean such project is totally genuine or that it will succeed.

This is very true and we have seen a lot of "experts" support shit projects/coins. It is all about gathering information and learning peoples bias and agendas.