Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: coinlocket$ on June 07, 2018, 10:47:34 PM



Title: How to understand the value of one new coin?
Post by: coinlocket$ on June 07, 2018, 10:47:34 PM
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?


Title: Re: How to understand the value of one new coin?
Post by: Didi CC on June 08, 2018, 04:09:13 AM
Read the white paper, Google the Dev team, is it something no Cryptho has, it might be a winner.
Then take your change, It could be the next Bitcoin, or you have lots of a shitcoin.

So yes, in the end it's a gamble  :D


Title: Re: How to understand the value of one new coin?
Post by: edwardceng on June 08, 2018, 06:44:37 AM
How is possible to hypothesize the value of a new born coin?
see who the coin developer is and how many people are discussing the coin and see how fast the community is formed because the community determines how much time it takes to get into the exchange market.

Do you simply gamble on the coin and start mining it?
Yes,
but before it should find the information first and must having an intuition and faith that's the coin will success  :D


Title: Re: How to understand the value of one new coin?
Post by: jmigdlc99 on June 08, 2018, 08:14:28 AM
Personally, i just check 2 things.

First is if the coin has a unique and original innovation the solves a real world problem (there are already so many duplicate projects out there, why create a new one).

Second, and probably less important, i would check if they have a good marketing. They have to come out as a professional and competent team that is really out to do something and not just take investor money. If they can't even look good while promoting their coin chances are they're also not good at developing their coin.


Title: Re: How to understand the value of one new coin?
Post by: KayceeMae on June 08, 2018, 08:47:29 AM
you should check team profil , expert and high profil members reviews and  ration about the coin ,  max supply , premine ,   project usecase , and others metrics that rate a good project


Title: Re: How to understand the value of one new coin?
Post by: leonix007 on June 08, 2018, 10:16:05 AM
Check its Coin Market Cap  ;)



Title: Re: How to understand the value of one new coin?
Post by: PacePay on June 08, 2018, 10:57:50 AM
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?
Knowing about the future of any coin you want to adopt is important thing as if the future will be better then you can mine it and you can hold them. I do that thing if the future of a coin is better and the project behind that coin and the team is efficient then I buy these coins or mine them to collect a good amount for the future.


Title: Re: How to understand the value of one new coin?
Post by: dogandogru on June 09, 2018, 05:26:53 AM
That’s good prediction and estimating power which a trader or investor gets with experience. But obviously, whitepaper is an important document which helps the investors in estimating the potential of the coin. So, one should read it carefully before investing in any coin. If there is something new and unique in the coin you can go for it. You can also read about it on Google or check its ratings and reviews.


Title: Re: How to understand the value of one new coin?
Post by: Amph on June 09, 2018, 05:44:25 AM
just look at the coin specs, supply block reward and all, investors usually compare this with other coin that have already a value, and the price will be akin, there are exception when a coin, turn around to be very good and its value go crazy


Title: Re: How to understand the value of one new coin?
Post by: shibob on June 09, 2018, 05:56:39 AM
My typical ways are doing quick researches about the team behind, do they have experiences and really actively update working progresses, coin's specifications, use cases, and how it could be competitive with other coins which have the same purposes. Also, I will take a look on its trading volume as well.


Title: Re: How to understand the value of one new coin?
Post by: Farstdury on June 09, 2018, 08:20:53 AM
Personally, i just check 2 things.

First is if the coin has a unique and original innovation the solves a real world problem (there are already so many duplicate projects out there, why create a new one).

Second, and probably less important, i would check if they have a good marketing. They have to come out as a professional and competent team that is really out to do something and not just take investor money. If they can't even look good while promoting their coin chances are they're also not good at developing their coin.

The problem is that most coins claim they can solve world problem.


Title: Re: How to understand the value of one new coin?
Post by: adzino on June 09, 2018, 09:03:51 AM
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?
First of all you need to check if its a rip off of other trending coin or not. If it is, then the chances of the value of the coin to be extremely low is quite high. Secondly, go through the white paper. See what they have to offer and how unique their coins are. Check who the developers are and how reputed they are. Finally, check different factors that will directly cause huge impact on the value of the coin such as max supply, premining and how it is distributed.


Title: Re: How to understand the value of one new coin?
Post by: ivakar on June 09, 2018, 06:29:18 PM
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?

there is no 100% method to tell this coin will be expensive and that coin will be not.  you have to see what algo coin is using, how many coins from one block, what is the total supply number, what are premined number, is there is masternode and so on


Title: Re: How to understand the value of one new coin?
Post by: Jaycee99 on June 10, 2018, 12:55:12 PM
I'm very noob on this kind of information.
How is possible to hypothesize the value of a new born coin?
Do you simply gamble on the coin and start mining it?

When proving a new born coin to its potential value in depends on the investors or the buyers of a coin plus not just depending on the people who buy or invest in a coin it depends on the ICO the platform the works on the company a new evolution to help people like others said something to exist.

While in mining its a monthly and day to day earning and base from people I know mining has its time bloom and share the blessing of a coin because technically it depends on the market value. Plus a bunos from mining you just sti and relax but you still need to look on the value of coin that you are mining.

For me of I have to pick I would invest/buy the coin because I earn from capital, same as mining you bought a GPU, Miner or ASICs. Still you got to pay electric bills and in short you earn long term. In investing you get to have it in 3-5 months in mining years.



Title: Re: How to understand the value of one new coin?
Post by: duyquang06 on June 10, 2018, 01:05:13 PM
if premine more than 7-10%, out.