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Author Topic: How to know which coins are good?  (Read 13310 times)
Haleytyr
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June 19, 2018, 03:07:45 AM
 #1461

I suggest you find out what an altcoin is planning for the future. A business plan or roadmap is the most important information you can have once you’ve identified a legitimate, trustworthy altcoin. What you find out can easily determine if an altcoin is worth investing in or not. Look for constant updates and planned integration of the altcoin for more widespread use. If an altcoin is focusing on new features, make sure it doesn’t disregard basic maintenance. Look out for over-ambitious plans in general.
elyfia0203
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June 19, 2018, 03:08:41 AM
 #1462

You had better inspect the community behind an altcoin. Check out what traders, investors and reviewers are saying about an altcoin. Be wary of fake information being spread around and always look for multiple, confident sources.
Sevarchik
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June 19, 2018, 05:07:14 AM
 #1463

Good coin has own blockchain and low supply, than it have team with blockchain developers.
Support should answer to the questions

magnat7691
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June 19, 2018, 05:08:59 AM
 #1464

Traders have a saying - you do not know how the coin will behave until you invest money in it. Maybe follow this advice.

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25espia1994
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June 19, 2018, 05:23:17 AM
 #1465


all kinds of tokens for good.
If you have a token that you can use to sell it in the market do you hold it before you wait until you sell it.
You should not be rush to spend money if you want to grow your money.

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firozat01
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June 19, 2018, 05:50:31 AM
 #1466

Always check their project, Determine whether it is profitable for everyone. Sometimes they are just platforms and are not useful to users. So it will eventually sell people immediately when they get it.
Psalmy2cute
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June 19, 2018, 05:53:27 AM
 #1467

You will never know if a coin can make you profit unless you try to invest and hold in it. There are lots new coins being released with a promising roadmap but most of them doest meet there roadmap especially after ICO. So i think unless you invest that is the only time youll know
djscreem01
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June 19, 2018, 06:16:19 AM
 #1468

Always check the market capitalization of coins, availability of the latest updates, the project team and what product.
You need to look at how much the project follows the road map and white paper.
saras008
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June 19, 2018, 08:21:22 AM
 #1469

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

I think before investing we have to do some research first with the coins in cryptocurrency now, otherwise we will get confused and just get a bad coin because now a lot of new coins that appear.
karthcrypt
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June 19, 2018, 08:24:26 AM
 #1470

If you are concerned about the legitimacy of new coin you may be interested in,  check the github for it's development history to see if any work has been done with the coin's code. In addition to this, check to see if such coin has capable developers!

bittraffic
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June 19, 2018, 10:30:05 AM
 #1471

The ultimate way to see if the coin is good is when you check the price on coinmarketcap and that price is way above from its ICO price. that should be the best indicator to see how legit the coin is. There are several coin that I'm surprised to see its listed on exchanges that I haven't even heard of but then the price is already more than a hundred. These coin I think is really good, I haven't even heard of it.
fracas
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June 19, 2018, 10:34:34 AM
 #1472

You Do Your Own Research, you analize the coin GitHub, then watch at official website (if it's professional, has many features, wallet downloads, documentation), then you join communication channels, for example Telegram, Discord, you'll see community support and you can ask questions and try to understand if they are talking about just words or real development and things. Then you open CoinMarketCap and look at its ranking. If you think it has much more value than that reflected in ranking then you buy a stack (of course single coin value depends of its supply but with ranking you can't miss it). You HODL and maybe sooner or later people will realize what you have doing your research and will start to pump it. You then sell when you think it has reached deserved ranking and profit.

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gucci belt
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June 19, 2018, 11:46:59 AM
 #1473

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

You better read the white paper first, from there you can know the coin is good or not and certainly has a bright future or not.
You have to be careful and never get bored to find out about the coins you think are good.
norcia
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June 19, 2018, 11:54:54 AM
 #1474

To get a good coin, you can check the white paper, check the dev team and check the partnership.
Actually there are some things you should check, but with 3 things it can make you get a good coin.
TerrorFromTheDeep
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June 19, 2018, 01:35:20 PM
 #1475

Only an independent and detailed research of the project can help here. And of course you need luck. In the cryptocurrency area you can not rely, only on facts. Here you need intuition and a combination of circumstances.

John Emst
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June 19, 2018, 06:38:25 PM
 #1476

It is always necessary to analyze the capitalization of the coin, its level of distribution and the technology of penetration into society.
valentine401
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June 19, 2018, 06:39:22 PM
 #1477

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

You can always check the market for the stable price of the coin or original price before investing a huge amount, not every coin in the market does have the potential to grow so it is good to know its history before hoarding a huge amount.
GsxR150
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June 20, 2018, 03:23:16 AM
 #1478

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

I am a newbie, with threads like this can help me to choose a good coin for the future, thanks for all who have participated in this forum.
The answers from all of you are very helpful to me.
Alpha0One1
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June 20, 2018, 03:30:15 AM
 #1479

Look for a project that solves a real world problem and they are first movers into that space.
That's where Bitcoin's strength came from - addressing real world issues - centralization, cross-border, anonymity (partly), peer-to-peer.
Ethereum came second as it improved on Bitcoin - adding smart contracts.

There are still lots of things that can be blockchained like the sharing economy (uber and airbnb), etc, etc.
 
DungPhan
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June 20, 2018, 03:31:59 AM
 #1480

Normally I read the whitepaper carefully and check who's on the list of advisers and developer groups but it's also difficult because many projects copy and steal ideas from other projects.
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