How to choose good coin!?

[raven.tiu17]

Look at their development, circulating supply then there roadmap.. if you feel that they will earn their respect from investors then go with it. i suggest communicate with developers and ceo on telegram and ask them the project!

[FantechG5]

The good coin is that which is easily acceptable everywhere and has normal elasticity of demand and supply if a coin has limited supply that is good. For a good coin it is also keep in mind that if a coin is legalized in a country that will be easily used for transactions. If we look at the bitcoin it is highly famous now and used easily for many transactions now it is also used for online purchases of games etc.

[ployfit]

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?

I often choose a good coin from looking at total supply and total demand in the market by analyzing the volume of the coin, if the volume of coin is a lot and the total supply is very limited I will buy the coin.

We have different patterns to follow and have different analysis based on the given information but it's not really the supply as the basis because there are coins with high supply such as Ripple, NEX, and TRON but they are still very progressive right now, to be listed in the top 10 on the https://coinmarketcap.com is already a great achievement especially if you consistent in the top.

Supply is not everything but I try to select my coins from the low supply ones, or high supply-low price ones. They are tend to go up better compared to expensive coins above $1 region.

[Partizanai]

i usually check coinmarketcap and try to look for hidden gems, with low coin cap  and low price. they tend to make the most profit

[GoodLuck2]

the first , choose coin with hight volume transaction
second , for what coin used ( payment , Investment , etc )
third , how many exchanger coin can be trade avaliable.
maybe just is for now Iam know.

simply words are just like that , when you choose it for long term investment then you should look for how big the community and who's the most influence supporter/developer there to make sure it will live longer than what you expected .

but if you look for short term one , just take the opportunity on the pump moments , where the market volume higher than usual.

Still if someone is unable to make a decision you can do what majority is suggesting. Go for the coin that most investors are praising at the moment. I get most of the idea from this forum by reading different threads at the present. Then checking out the price of different coins on daily basis, it helps me to understand their potential and ability to survive in the future. Most of all I do not overthink things.

[nightmanisrightman]

A good way to start out is by looking at a lot of the top coins and then finding a coin that is similar in nature but a few hundred spots down on coinmarketcap list. If you do this you will ensure that the coins are similar and that because of this the coin that is way down there has a chance to come up. That is the first step and after that you gotta make sure distribution is good, community is good, and that growth is good. If these all align then I say that is probably a good coin and you should fire at. Note that not every coin will workout the way you think and that is okay, as long as you pick more winners than losers that is all that matters.

[George P.]

First thing is to see if the coin is a blockchain platform or an application built on a platform.Then you must see if the coin solve an actual problem.After that check: the maximum supply, the vision, the valuation, and of course the team and the white paper.

[goyal.dkg]

following points to be considered while buying any coin -

rank on cmc on basis of marketcap .
low supply .
team behind the project .
roadmap
whitepaper
speed of project
exchanges it is already listed on
and exchanges it is going to be listed
own research though social media and other articles
current price vs ico price

[lenarichi]

Ideally, of course, before buying any coin, you need to study it, understand if there is potential, and generally in the topic you need to understand. But if there is no time and no desire for this, it can be made easier: to take the top 10 of the Cryptocurrency by capitalization. If most investors have chosen these cryptocurrencies, then they are worth it, the probability of their draining is low.

[Partizanai]

for the past couple days, i've joined a discord group for crypto related stuff. from info, heads up, tips, techincal analysis to pumps. i find it quiet usefull.

If anyone is interestered here is the link --> https://discord.gg/3pEdqRc

i try to avoid these type of groups since a tend to think that everyone who is creating such groups has their own agenda

[CantIdentify]

I'd definitely invest in TRON. It's really kinda something new. Guys from the Cointelegraph posted a video on youtube yesterday about it, it's really cool. It's here https://youtu.be/OkbymeIywTU

[Trimegistus]

Look at that recent evolution:



When everything is falling apart, the good coins still grow.

[BitcoinNational]

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?

Go to the ANN thread of that coin, join telegram and watch the updates. You need to up to date about altcoin to know which coin that good to trade. You also can find many informations about cryptocurrency on some sites like cointelegraph. Also always watch the market!

There's no miracles indeed:) Try to closely folly any update and the market in general. With experience, it becomes easier to detect good investments. The partnership are also a good metric to follow. If a good one is announed and you're among to first to know, you can invest:)

[pissyas]

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?

Follow of good analysts on youtube, medium, reddit. Find out what coin is, who is dev, what application, advertiser, ...
From there you will be able to choose the best coin

[Lastminuteman]

In my opinion, an important point to look at before buying, is the actual use of a cryptocurrency as well as its community.

[onrise]

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.

[husencoe]

You can find anything about some coin with coinmarketcap. With that infomatian, you can start analyzing about their historical, project concept, roadmap, teams, coin volume. For newbie, maybe you must read about the coin will pump but when you has expert, you can analyst with your self.

[Superzpay]

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.

You can only chose some good coin when you will be studying a lot about all the coins which are there in the world of digital currencies. The most important things which you need to consider before making any kind of decision is to see the market value of all the coins and other than this, see the previous record of all the coins. Then make a comparison amongst all and make a decision which seems appropriate to you.

[ELEL_ELEL]

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?

I have the idea how to choose a good coins. Simply check the coin if it has the potential to grow then wait for the right price to sold it but you have to be patiently monitor the price. Then  you will profit a lot that brings you to be rich.

[sumanto]

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 right way to choose what coin is good to buy and have for long term or trading, you can see coin info on whitepapper or you can see the itinerary on his website. so do not choose coin what you want to buy. you can see all the coin at https://coinmarketcap.com/