How to choose good coin!?

[melted349]

Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

You should read the roadmap of the development project. In my opinion it is the best way to predict the future of a coin. But that is not the determinant of all, it depends on many factors and especially the trader.

yes for me also that was i have been read for when choosing the good coin why cause on that way you may know what is the purpose of this . if this can be atleast having the good impact in terms of the way on how people will choose this.

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[Proximity Scan]

Be active on forums, this is how you learn about new coins.
Its a good thing if there is transperency for the project and if the team is active in the community. Also research they idea and what the coin offers.

Being active is not enough all the time. You need to go more deeper. You can get into their telegram channels and ask hard questions to devs so that you can know if they really want to produce a working product/system.

[xsaints128]

First you should see that the thing which the project's trying to accomplish is really achieveable then you should see whether the team is really well versed in the blockchain technology or they are just trying to trick you into giving them your money.

[africa34]

to choose good coin you need to know three importance things
read the whitepaper and check evry info
check the roadmap and rated it
do a research about the team 

[_yoshi]

You have to do some researches. First of all you have to learn some general thins about coins and icos. What are good points and that are nogos. Then you have to know what project is behind the coin. And if your new in this sector, you have to do some researches about that. So you have to do a lot of work. It will take you a minimum of two hours!

[mobilestrike]

Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

Invest in existing and stable coins if you don't know how to verify projects and ICO's, do not take risk's with your assets or you may regret it by losing money.

I will strongly suggest the same. I am not in favor of doing different experiments with your money because money is not something that is easy to make. You need to work really hard in order to have some good amount in your pocket. So as far as the investing into digital currencies is concerned, invest into those projects which are already popular a degenerating nice profits for the investors.

[DennisStoff]

first of all, do analyze the coin. if you know what the vision of the coin, then look at total supply coin, much more supply there will be have bad future, on contrary, coin with low supply will be have good price. look at how attract the investors in that coin, if there rise so much $$$, then still there hope for that coin. but dont forget to know the developer and the team behind a coin. if the team seem like no responsibility. then maybe the project will be a scam.

[richmcrich]

Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

Invest in existing and stable coins if you don't know how to verify projects and ICO's, do not take risk's with your assets or you may regret it by losing money.

This is genuine. Yes, you need to invest what is all about the source in which you are investing now. You have asset with you and you need to grow them. So it’s your responsibility that proper research should be made in this game so that you won’t regret after investing in it. Chose the best coin in market, check for it whether the developing team is good or not. Good luck to you all.

[Trimegistus]

Although past performance cannot guarantee future revenues, it is also a good metric to evaluate a project's solidity. Check this out:



While BTC breaks records, smashing most alcoins, DMD keeps breaking records too! Isn't it amazing?

[cluit]

most people usually look for good coin information through some of the coin owner's official social media accounts but some are looking for information via chat groups like telegram to know what developers will do.

Either you are getting information’s about the owner or the developing team from social media forum or getting to know about the projects and team leads of the developing team, you must keep yourself vigilant and updated. Crying over split milk is not better in any way so do proper research before getting into any coin. Have proper interrogation and then join that particular coin.

[liseff3]

Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

Of course, Everyone likes to coin good don't they?...
So, for these purposes, knowledge specific is very needed.
I think, coinmarketcap.com "worth further consideration".

Historical Data of coin
The project concept behind the coin.
The team involved in the project.
The roadmap and current status of the project accordingly.
Whether coin is part of pump and dump group if yes then join it.
The traded volume of the coin and market capitalism for it.

I agree with you.

[bitgolden]

It's difficult to say something really worthwhile. You need to study the project completely to understand whether it is successful or not. And it's not always possible to earn a lot even on a successful project!

Agree. Unfortunately not all progressive projects can be profitable for investors.

Not all ! Some coins will do well while some will not and that is one thing to always be ready for in any coin investment.
It is good to understand each coin and get to know everything that it is needed to know about the coin. That is the only way one can get the best from investment in the crypto world rather than just investing in every Tom,. Dick and Harry project. Some will not last and some will die pretty fast later on.

[datodota002]

First you need to do research about that coin and what thing affend the price. do fundamental analysis and technical analysis because every coin is unique and have own characteristic. and the price have a time to move agressive. you have to know about it to.

[Algochain]

First, you need to decide what kind of trader you want to be, you want to invest longterm or not?
use coinmarketcap to check tendencies but read and read a lot, get information about the project behind each coin and who is involved and potential investors, that could help doing some choices! 

[StarofBTC]

You have to research quite a bit to know about the coins. Browse various websites to know about them. You can also join telegram groups of various coins to know about them. You can also read here what other members saying about various coins.

It is not at all an easy thing to figure out the best coin amongst so many crypto currencies. You really need to burn your midnight oil. There are number of things which you need to consider before making any decision. The most important thing which matters is the market value of all the coins as well as their future prediction. Moreover, the number of investors as well as their reputation also carries importance.

[ronafurw]

Me too, I don't kmow how to choose a good coin to invest, but by reading everyday, I learned that if a coin has a roadmap, white paper and good set of devs, It can be a good project, and sometimes I also look on coinmarketcap for its volume and if its listed already on some coin exchange markets, but all in all, I'm not yet expert in choosing a good coin to invest with.

Before going to invest in the market one should make a search to chose a good coin for investment as it needs proper home work and by studying the previous performance  and to explore the possible position in the future. You can also to help from the internet as you can see videos on youtube and literature can also be search out to enhance your know how about your best choice of investment. I consider bitcoin may be the good choice for investment.

[Dimonhamon]

In my opinion, there are two main factors that will make the currency expensive! The first idea is a good and unique idea. The second team, a good team, can translate their ideas into reality.I prefer the coin so much

[CryptoHarry]

Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

The best way to find a good coin is through conducting a market survey which can be done all completely on one place which is the coinmarketcap. First, look at the market capitalization - is it above $100 million? then, look for the coin history chart - is it gradual? or it is just a massive pump by whales.
The next thing is looking for the markets, community, developers, and user base. please do your do diligence and monitor the coin very well before investing.

[coinpediaJordan]

Investors are seeking to invest in cryptocurrency rather than investing in currency stocks and picking the good Currency.

[magmar]

Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

It is quite gard to choose which among the all the coins will be a good coins because all the cryptocurrencies are volatile which means their value is not stable so we cannot know when will they fall entirely in the market. But My advice if ever that you will going to buy a coins in the market just buybthose top leading coins those expensive coins like bitcoins ethereum and ripple. Because they are the top coins for me that are also top coins in the market. But i just want to say that not all expensive coins are successful.