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Author Topic: How to choose good coin!?  (Read 10109 times)
zxl912157
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January 12, 2018, 11:13:01 PM
 #561

If I was in the Bittrex Exchange I always picked the largest volume, or the Dump coin a few percent. always set up a backup to keep the coins down to the bottom. I'm sure the coins will rise again, just need patience.
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fiomcorka
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January 15, 2018, 10:38:04 AM
 #562

Try find coins that has own blockchain. See their roadmap and whitepaper. If you find token also, then try some utility tokens, not a payment token. Because payment token is useless, too much fee. Better pay it with eth rather than payment tokens.
Mainly focus on the future aspects when choosing a coin to invest then see the popularity of that crypto and then see its profit rates of past and if they give satisfaction to you then invest into it and at this time the most established coin of all the time is bitcoin go for it bitcoin has the best profit returning values and the acceptance and popularity of bitcoin is also very high and there is no risk condition in bitcoin so its best.
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January 15, 2018, 10:34:53 PM
 #563

to choose a coin always check the coinmarketcap for potential graphs, read whitepapper, check social media
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January 16, 2018, 01:06:56 PM
 #564

To look for coins that have a prospect in the future, I think there are some steps we have to do:
- We have to see what the usefulness of these coins are useful or not.
- the history of the price.
-the team who develope the coin.
Besides the bitcoin, a great coin in my opinion is the ETH. It's great for long term investment
Silberman
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January 16, 2018, 10:42:17 PM
 #565

The only good coins I see are the top 5 in the market cap. Trading is never been easy, the market is unpredictable and high risk is involve.
I think your opinion is too negative. There are many good coins out of the top 5 in the market cap that can bring a lot of profit if you invest in them. Example i bought GVT coin when it was ICO with $1 of price and now the price of GVT is $29. I think that no coins in top 5 can bring me much profit like GVT. Having many good coins but important you have to analyze all before you want to investing in.
Yeah, a lot of icos are scam I'm not going to deny that because that is the truth but to think only the top 5 coins are good is a mistake, especially when in the fourth place is bitcoin cash that is nothing more than a manipulated coin created by the miners and in third place is Ripple a manipulated coin created by the bankers, and many do not trust in ETH either.
imyashir
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January 16, 2018, 11:43:44 PM
 #566

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?

check the coinmarketcap.com if you are newbie choose the top 20 token or coin in the coinmarket this is a easy way to choose and pick investment. The good coin or token is have a volume in the market do not invest the token without volume or lower volume atleast 50btc in the market. Volume is a very important in the market.
Malamok101
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January 17, 2018, 04:53:14 AM
 #567

Check bounty programs and also check websites if its legit and always remember if many of people buying a right coin it means it have a chance its a legit.

rejin29x
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January 17, 2018, 10:35:18 AM
 #568

Do your homework and make your own research. I know a lot of people have already said this but you should really do your own research in order to make clarifications and some sort of satisfaction for yourself so you can really tell if you are going to invest or not in that coin that you are trying to figure our if it is good.
Ekimzjames20
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January 17, 2018, 11:21:20 AM
 #569

If I was in the Bittrex Exchange I always picked the largest volume, or the Dump coin a few percent. always set up a backup to keep the coins down to the bottom. I'm sure the coins will rise again, just need patience.

A lot of good coins to offer you largest volume pick to BTC.Definately holding bitcoin and always  be work and waiting the apportunity of good coins will risk that the time changed of largest currency to do it.
cryptoblue77
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January 17, 2018, 11:32:52 AM
 #570

As the price is dropping both bitcoin and altcoins, it is time to invest. There are a few good coins you can choose like Ethereum, Deep Onion, Verge, Ripple, Steller, Litecoin and Tron.

BitcoinMETiS
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January 17, 2018, 11:41:16 AM
 #571

I personally look narrowly: cardano, wetrust, ada, omg, blitz, etn Roll Eyes
Rubberduck59
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January 17, 2018, 09:21:09 PM
 #572

Well, right now is as good as it's ever going to get. I've recently taken advantage of the market to secure my positions on certain coins and buy more of those Smiley

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noictib
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January 19, 2018, 02:11:51 PM
 #573

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?
In actual it depends upon that person to choose perfect coin for trading , I meant to say what type of trading he can , just buy and sell in few days or in few weeks or just hold for one day maximum .
Here personally what I do , just make eye attention at the coins and make sure whether the coin is fluctuating or not , if coin is fluctuating then at what range of the price , after see such types of the market of the particular coin , I made investment and then sell in that fluctuating interval of time of that coin .
Here you can notice that I am not going to check whether what the team is doing and what will happen in the future with that coin or any rumours or new , my selection most for those coins which are not in the popularity in that time.
sarmrakib
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January 19, 2018, 02:35:23 PM
 #574

trading is always so tough who are in first on this. Actually you have to learn first about trading. First of all you just need to learn the market well ghen try to buy a good coin. My opinion is note down a coin write follow one month through this coin chart you will have a great idea then. So learn to know good coin.

ecnalubma
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January 19, 2018, 02:38:52 PM
 #575

Choosing a good coin is sometimes very tough, and there a lot of things to consider specially the status and reputation of project or platform that it represents. Before investing in any coin be sure to background check everything whether its good to invest or not. Doing homework and research will help you a lot.
longminh123
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January 19, 2018, 03:10:08 PM
 #576

I always look at trading volume to evaluate altcoin. If they have good trading volume and high liquidity then I would definitely choose that altcoin. In fact, all altcoins are considered potential and the choice is yours
Jaemouns
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January 19, 2018, 03:40:23 PM
 #577

Market Cap
Team Behind the coin including investors
Volume
White Paper
Road Map
This things are truly right which the best tips to choose good coin that can help like me who  starting up to be freshly Jr Member.We all know that all coins are good which the value of it was preferable for us to earn.For me  to choose bitcoin is how your effort rebuild in terms of take a research and study their background which can help us to get a good coin.That's why our effort and dedication is very important to get what we want.
Stalk
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January 20, 2018, 11:13:05 AM
 #578

Investing in cryptocurrency can be fruitful if we select the right cryptocurrency to invest. That's why we have to be careful while investing our money in cryptocurrency. We can earn a good amount of money by trading cryptocurrency. On the other hand, there will be huge chance of big loss if we are new.I think that, Currency Market : https://coinmarketcap.com is best way for choose good coin.

Always strategies your investment in such a way that you do hold some good coins, some very cheap coins etc. This will help you that if any of those few coins you invested gives you multiple times returns you will make a good amount. Always read the whitepaper and understand the road map and its utility in future before choosing coins.

To find a good currency in market so first of all we need to check the price and secondly time is also important that for how long this crypto is working in market and how is the relation of it with other countries and then the most important thing is to know about stability that is it stable or not and I think these all qualities bitcoin have that’s why every country is trying to accept bitcoin because it’s the only best currency in market.
khungcuaso11
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January 20, 2018, 11:33:36 AM
 #579

That's a good question.

You should always check for -

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.


All these and many more factors will define the goodness of coin if they are on the positive scale. You can't just make it short investment but the longer one to get hold on that particular coin.
Your advice is helpful and full.
I also have questions like who created this topic and read your share.
Thank you very much. Wish you success with your knowledge.
pkb007
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January 20, 2018, 11:56:22 AM
 #580

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 can follow up coin market cap for coin up and down. Coin volume, calculating supply, coin history. You can also follow coin website, whitepaper, roadmap, team etc for coin chose. I think you must understand when you follow that thing a coin. Hope you helped. 
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