Interesting perspective, whats the best way to tell what the centrally locked supply is?
The centrally locked supply are the coins locked by the development team that can be "issued" by them at any time, being Ripple the prime example for that behavior. The best way to calculate it is to subtract the Coinmarketcap figure of "Circulating Supply" from "Total Supply".
I have seen now that "Verge" does
not have centrally locked supply. So it's not a that bad investment like I thought. Other coins with centrally locked supply are DynamicCoin and SolarCoin. Keep away!
That misunderstanding is probably due to the fact that I thought that with "Max supply" you referred to the "Total supply" (circulating + centrally locked supply). If with max supply you mean, for example, the "21 million" Bitcoins that will ever be generated, then the answer obviously is different. Here I would slightly prefer coins where already a large portion is issued, although that can also be an indication of an instamine and a No-Go (there are a couple of successful instamined coins like Dash but don't think that can be easily repeated).
You have any more investing tips? Reps for responding.
Well, I'm not a professional trader but some indications for a "good buy" in the altcoin sector could be:
- Try to find coins where the development team does not control everything. Decentralized coins are the ones with most chances to be used in the future (most others are pumps and dumps).
- From the "centrally issued" (e.g. by ICO) coins, look if the team behind it has already delivered something (e.g. a company with some experience etc.) and be aware of legal challenges
- Keep away from "high staking" coins (Inflation Coin, Hyperstake ...) , they're disguised HYIPs/Ponzi schemes. Investing there is basically gambling.
