How to analyse recently added coins/tokens on CoinMarketCap

[dij778]

Hello Talkers,

Please advice on how to choose the best coins/tokens that are newly added on CMC. I am looking to get in on coins/tokens that are cheap e.g. $0.01 and HODL enough to get good gains. Which coins have you choose before? How did they perform? Thanks gain for giving me good info.

[1715582434]

1715582434

[1715582434]

1715582434

[1715582434]

1715582434

[1715582434]

1715582434

[1715582434]

1715582434

[Nivelir]

There are a lot of different kinds of tools on the coinmarket, including the average price schedule for the token, which I understand is based on the average price of a coin. Here, of course, one must be able to do this, I mean I must be able to analyze, I'm unfortunately not strong in these matters.

[dij778]

There are a lot of different kinds of tools on the coinmarket, including the average price schedule for the token, which I understand is based on the average price of a coin. Here, of course, one must be able to do this, I mean I must be able to analyze, I'm unfortunately not strong in these matters.

Thanks for your reply Nivelir.

[udayantha11]

I usually analyzed my ICo's and new added coins with ICODROPS , its a good tool and you can visit icostats also. its a potential one

[Thenuka99]

There are tools on coinmarketcap like others mentioned here, other than that, something else I do is check for blog posts and recommendations of big crypto players , Check out their news feeds, twitter feeds that if they have said something about that token to be a potential one.

Because Over the years something I've realized is sometimes in addition to our own research (of course that's a MUST do thing) , we also should follow some big crypto enthusiasts and check out with their ideas about those, there's a more than a 50% chance that they chose right ones, may be it's the experience of theirs , or sometimes they are really lucky to get profit from  everything they choose. So it's doesn't hurt to check out those with them that if they recommend those.

[dij778]

There are tools on coinmarketcap like others mentioned here, other than that, something else I do is check for blog posts and recommendations of big crypto players , Check out their news feeds, twitter feeds that if they have said something about that token to be a potential one.

Because Over the years something I've realized is sometimes in addition to our own research (of course that's a MUST do thing) , we also should follow some big crypto enthusiasts and check out with their ideas about those, there's a more than a 50% chance that they chose right ones, may be it's the experience of theirs , or sometimes they are really lucky to get profit from  everything they choose. So it's doesn't hurt to check out those with them that if they recommend those.

Thanks Thenuka. Kindly give examples of big crypto enthusiasts/players to follow or you follow.

[dij778]

I usually analyzed my ICo's and new added coins with ICODROPS , its a good tool and you can visit icostats also. its a potential one

Thanks for you reply.

[dij778]

at least before choosing a coin in coinmarketcap. you should read the information about the coin to be selected, you can read in their thread and find out how big the potential of the coin.

Thats a good point. On the potential of the coin, what do you look out for to know this has big potential?

[AschPlatform]

There is nearly all information of the token it presents on coinmarketcap,  the supply, the exchanges and the trading volume, just think carefully about there data.

[penig]

My advise if you are new is dont look at coins and tokens recently added to CMC.  This is a terrible strategy for some one without knowledge.  Look further a field for information on established coins at first, and use CMC only for reference, quick snapshot info on graph/volume etc.  

[joshy23]

There is nearly all information of the token it presents on coinmarketcap,  the supply, the exchanges and the trading volume, just think carefully about there data.

Yes I see this site as very useful if you are keen to understand the status of the coin that you are supporting, each aspect are written properly and you can use it to double check the current value of the coin, so many traders uses the service as they find it very useful when you are assessing a project that will bring good gained to your investment, as of this moment this is the only tools that i trust to check my coins.

[dij778]

My advise if you are new is dont look at coins and tokens recently added to CMC.  This is a terrible strategy for some one without knowledge.  Look further a field for information on established coins at first, and use CMC only for reference, quick snapshot info on graph/volume etc.  

Hey. Am actually 5 months into crypto, I find that I can now put money on recently added coins/tokens after ICO is finished and added to exchanges and CMC.

[JTTech]

Definitely some potentially insane gains on some recently added coins. Someone above mentioned watching what some big players in the crypto world are supporting. I assume by HODL that you're looking for long term gains so that adds some difficulty. Check out the coins website, white paper, hype around it. A lot of these coins have some easy quick money if you choose the right ones, but long term is a harder call. I would say researching the coins themselves off of CMC is a better option for you.

[dij778]

Definitely some potentially insane gains on some recently added coins. Someone above mentioned watching what some big players in the crypto world are supporting. I assume by HODL that you're looking for long term gains so that adds some difficulty. Check out the coins website, white paper, hype around it. A lot of these coins have some easy quick money if you choose the right ones, but long term is a harder call. I would say researching the coins themselves off of CMC is a better option for you.

This is good stuff. Thanks.

[etherclassic]

Hello Talkers,

Please advice on how to choose the best coins/tokens that are newly added on CMC. I am looking to get in on coins/tokens that are cheap e.g. $0.01 and HODL enough to get good gains. Which coins have you choose before? How did they perform? Thanks gain for giving me good info.

Around one year ago i have choose the alternative coins based on the capitalization on coinmarketcap, i have got ethereum classic ETC and EOS. They have good price righ now and couples months ago i have made investment in enjin coin you know the price is 0.25$/ ENJ. Those are my investment for long term, so basically first time i choose the altcoins based on capitalization of market, it was worked for me you can follow my way but i don't responsibility about that, always use your due diligen when investing.

[toolsmans]

connect to the tweeter, watch the road map, white paper. Then you find similar coins and see how they are filled with demand.

[Thenuka99]

There are tools on coinmarketcap like others mentioned here, other than that, something else I do is check for blog posts and recommendations of big crypto players , Check out their news feeds, twitter feeds that if they have said something about that token to be a potential one.

Because Over the years something I've realized is sometimes in addition to our own research (of course that's a MUST do thing) , we also should follow some big crypto enthusiasts and check out with their ideas about those, there's a more than a 50% chance that they chose right ones, may be it's the experience of theirs , or sometimes they are really lucky to get profit from  everything they choose. So it's doesn't hurt to check out those with them that if they recommend those.

Thanks Thenuka. Kindly give examples of big crypto enthusiasts/players to follow or you follow.

I mainly follow Cryptofox. his twitter handle - @cryptoofox

and you can have some other big names from a steemit article just search - Crypto world who to follow on google the first result is a steemit article named - New to Crypto? Here are some must follow Twitter accounts!  you can check them out too.


There are some news websites  I follow too -
1) https://www.coindesk.com/
2) http://altcoins.com/
3) https://cointelegraph.com/
4) https://www.wsj.com/asia
5) https://news.bitcoin.com/
6) https://www.cryptocoinsnews.com/
7) https://bitcoinmagazine.com/
8 ) https://247cryptonews.com/
9 ) https://www.ethnews.com/
10) http://www.newsbtc.com/

[Kaan53]

You analyze the bad money a little bit harder because you can only guess the site owners about paying coin owners, or agree with the graphs on the people following the bitcoin.