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Author Topic: How to know which coins are good?  (Read 13238 times)
FireShark89
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May 30, 2018, 09:51:04 AM
 #1221

I'm waiting for DAI to finally go live as I am sure it's going to be one of the top cryptos soon. Not sure how it's going to work with its 1:1 ratio with the dollar though...

Actually, DAI is not going to be 1:1 against the dollar. It was designed to minimize its volatility which means that price could still fluctuate but not as much as other cryptos.. I'm not sure how this works since I've always known that the market alone can dictate prices.

With the Eth platform being utilized more than Bitcoin, I think the Chinese were serious when they mentioned that Eth has surpassed Bitcoin. Well maybe not yet in terms of price, but it is obviously way more useful. With DAI around, we won't have to worry too much about market fluctuations as well. I own an online shop and was wondering if setting up Paybear's system can be done easily within a couple of days? Also, can it run with other payment gateways if I'd like to keep them as options for customers?
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AlGovorov
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May 30, 2018, 09:56:52 AM
 #1222

Usually shows the time and check what coins are good and which are not, before the coin is released on the exchange can not say whether the coin is good or not. Also depends on the capital of this coin and the amount.
SGToken
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May 30, 2018, 09:59:20 AM
 #1223

For this purpose you have to conduct extensive research,have to analyze it in all respect,observe its charts on daily basis,observe price and quarter,semi,annual base,development team,also check whether developers are updating it or not,core idea of coin,marketing strategies,technology behind it,there are all parameters which must be considered while proceeding for investment in any coin.
CTO@MyBitMine
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May 30, 2018, 09:59:55 AM
 #1224

Nobody knows it actually. It always depends from your choise. First of all you should do more research about ICO and idea, afterthat read about advisors and their previous work. Howvever even you will do all previous things your coin still can be shitty coin, it's always risky.
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May 30, 2018, 10:09:13 AM
 #1225

Read their whitepaper!
Yeah. That simple. You look at how unique their project is and how the community would benefit from it. Then next is the team behind it which is really important if they're legit or not. And you can add a little bit of extra research about it.
Yes, you're right, read their whitepaper and do some research. Also the project team's background is important.
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May 30, 2018, 10:09:28 AM
 #1226

There are some ways to know good coins to buy during ICO and after ICO. You have to confirm that the project has a product attached to it. The product must be a valuable one that tends to solve mankind problems. Some of the product will be aPP, some may be medical solution, telecom roaming solutions and trading platform.
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May 30, 2018, 10:29:07 AM
 #1227

There are some ways to know good coins to buy during ICO and after ICO. You have to confirm that the project has a product attached to it. The product must be a valuable one that tends to solve mankind problems. Some of the product will be aPP, some may be medical solution, telecom roaming solutions and trading platform.

There are many factors on how to determine the characteristics of a coin whether it is good or bad. Base on my experienced inorder to determine the good characteristic of a coin you must look for its graph on how does it rose up basing on its history until its present graph. There are many algorithim to solve the behavior of its graph and if you do have any knowledge in solving algorithims then you can truly determine how good it is
Todoroki
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May 30, 2018, 10:32:21 AM
 #1228

There are some ways to know good coins to buy during ICO and after ICO. You have to confirm that the project has a product attached to it. The product must be a valuable one that tends to solve mankind problems. Some of the product will be aPP, some may be medical solution, telecom roaming solutions and trading platform.

There are many factors on how to determine the characteristics of a coin whether it is good or bad. Base on my experienced inorder to determine the good characteristic of a coin you must look for its graph on how does it rose up basing on its history until its present graph. There are many algorithim to solve the behavior of its graph and if you do have any knowledge in solving algorithims then you can truly determine how good it is
There are prescriptions to include resources into ICO and do a lot of battles for a while in order to increase your choice. Recently, ICO was so hot it was hard to get into the white list and fight through this gas war. Doing a crusade of abundance for this hot ICO can give you the certainty of holding this coin with great potential. Regardless of whether you do not make ICO, regardless of everything you have coins abundance.
jaocoincrypto18
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May 30, 2018, 10:35:45 AM
 #1229

Lots of coins are coming in every month. But I can't know which coin will good in future,  Always I face problem with my confusion. So, is there anyway to know which coins are good?

Thank You

Review their whitepaper and their ICO details like the team background that they are all legit that they have experiences in marketing.Then review their commodities that their projects are feasible to the masses so that many people will surely to pour their investments on this ICO. Then lastly is to ensure that the ICO is not a scam because some are just editing the team members and just copying an existing project in order to steal from the people.
bitcoinKnight809
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May 30, 2018, 12:07:43 PM
 #1230

I'm waiting for DAI to finally go live as I am sure it's going to be one of the top cryptos soon. Not sure how it's going to work with its 1:1 ratio with the dollar though...

Sounds like a really good coin for microtransactions since we don't need to worry about fluctuations in the market. How is that good for trading though? Will it still be in the exchange?


Per Makedao's website, isn't exactly going to be at par with the dollar all the time. It can still appreciate/depreciate in price with minimal volatility.. How they are going to do so, I have no idea...
ZenRoy
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May 30, 2018, 12:14:02 PM
 #1231

I'm waiting for DAI to finally go live as I am sure it's going to be one of the top cryptos soon. Not sure how it's going to work with its 1:1 ratio with the dollar though...

Actually, DAI is not going to be 1:1 against the dollar. It was designed to minimize its volatility which means that price could still fluctuate but not as much as other cryptos.. I'm not sure how this works since I've always known that the market alone can dictate prices.

With the Eth platform being utilized more than Bitcoin, I think the Chinese were serious when they mentioned that Eth has surpassed Bitcoin. Well maybe not yet in terms of price, but it is obviously way more useful. With DAI around, we won't have to worry too much about market fluctuations as well. I own an online shop and was wondering if setting up Paybear's system can be done easily within a couple of days? Also, can it run with other payment gateways if I'd like to keep them as options for customers?

It would be best for you to contact the Paybear team through Telegram since they are always active there. https://t.me/paybear
jeron31
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May 30, 2018, 12:16:03 PM
 #1232

There are many factors to pay attention for. Their team, idea, whitepaper, community are the most important in my opinion.
CatchSomeAirdrops
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May 30, 2018, 12:17:48 PM
 #1233

Read thier whitepaper, understand and research about their project.
foaman
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May 30, 2018, 12:22:47 PM
 #1234

The only way to decide is to do a very detailed research of this coin by means of the Internet and everything you can find there. Do not forget to check the forum too and only after that make a decision.
Sir Legend
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May 30, 2018, 12:39:18 PM
 #1235

Read thier whitepaper, understand and research about their project.
Yes, if the project is profitable for the long term then we can see from whitepaper and roadmap, usually a scam project never pay attention and make whitepaper from copy paste from other project.
samoilov
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May 30, 2018, 12:49:44 PM
 #1236

Lots of coins are coming in every month. But I can't know which coin will good in future,  Always I face problem with my confusion. So, is there anyway to know which coins are good?

Thank You

Start by looking at the past performance and the team behind that coin. Personally, I do not even touch coins except top 30 based on market cap.
Bakpau222
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May 30, 2018, 12:59:00 PM
 #1237

There are several ways to find a good coin, by reading their white book and doing research. Also the background of the project team is important. And also watching the charts every day, observing the price and quarter, the development team, also check whether the developers update or not, the marketing strategy
edora
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May 30, 2018, 03:01:51 PM
 #1238

You can't know which coins are good, for every coin has its good days and also its bad days. So every coin can be good just as bad. You need to be on its good days and away from it on its bad days, this is not an easy task, luck involves in it as well. Even a coin that has become a dead coin and fallen to 1 satoshi can suddenly, even if years has gone by, bloom up because someone wants to invest in it and people seeing this and not wanting to miss out jump in as well and suddenly it is around 10+ satoshi again and keeps moving up. Nothing is solid in the world of crypto, it can change in an instant.
Aimee1993
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May 30, 2018, 03:05:06 PM
 #1239

It's hard to understand what a coin is a good thing! I personally did not read official documents, nor did I know the information they needed. If they have a strong team and a project, and their roadmap is reliable, then you can try to trust them to put money into the ICO. But it still depends on luck. Even if powerful teams and projects are very good, they can burn out.
Acapri
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May 31, 2018, 03:18:42 AM
 #1240

There is a very simple way of investing. See the top 20 oinmarketcap watch the price of these coins and buy on a drawdown.
Participating in the ico is much more difficult. In this case, you need to carefully study the team and the road map.
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