how to choose a new coin

[nonbody]

Usually, a good project token will be the focus of most investors. I will browse some blockchain information websites to find good projects.

[BrieMiller]

I recently found a new, little-known exchange, but it trades a lot of quite rare coins. Here's a referral link for registration https://bitebtc.com/?affid=48395

What are you talking about, which extremely rare coins are traded on bitebtc?

[kevinzxz]

as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

if I personally choose coins to be invested by looking at several factors, that is :
1. The coin has been entered in coinmarketcap
2. The coin has a high volume
3. The project runs in accordance with the roadmap
4. The function of the coin is very good and useful in the future
5. The team always updates the latest information about the project.

[2tang]

indeed it is quite difficult to choose really good coins from the number of coins that exist because the characteristics are almost the same and the project concept behind the coin is also almost the same, therefore I prefer to choose coins by looking at the market graph because the data is undoubtedly then after that I will be able to see which one is really good and strong, I chose to see the latest prices and volume rather than predict

[Kaoshot]

I recently found a new, little-known exchange, but it trades a lot of quite rare coins. Here's a referral link for registration https://bitebtc.com/?affid=48395

What are you talking about, which extremely rare coins are traded on bitebtc?

Coins such as GIT, ITL, XVP, FREE and many others.

[Chainsmokers]

as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

Everyone has their own ways and opinions in choosing which coins they will invest. So, I think it's better for you to observe some coins that you think will give you an advantage if you invest some of your money into it.

[cryptomaster420]

indeed it is quite difficult to choose really good coins from the number of coins that exist because the characteristics are almost the same and the project concept behind the coin is also almost the same, therefore I prefer to choose coins by looking at the market graph because the data is undoubtedly then after that I will be able to see which one is really good and strong, I chose to see the latest prices and volume rather than predict

Nothing bad with characteristics being the same if there's some trait that can be used to call the coin a 2.0 version of the other one.
Anonymity coins have gone through a few iterations, now we have much better ones than Dash(darkcoin), for example.

[Lumberjack1935]

See if the currency is not inflationary as this will hurt you because there is not much chance of appreciation.

[VPScreator]

It is necessary to choose those coins that are promising and have a good team and certain goals that they achieve. It is worth investing in such coins, but mainly in the long term.

[EDR]

I used to pay attention only to top coins and had a good income, but now they give me more profits for altcoins, which have greater volatility (ADX, XRP, OCN, etc.)

[KLACC]

In order to find a good investment project you should carefully study it. First of all, pay attention to the development team and product.

[Tesatnan]

I recently found a new, little-known exchange, but it trades a lot of quite rare coins. Here's a referral link for registration https://bitebtc.com/?affid=48395

What is the point of taking risks and registering on new exchanges when there are already time-tested exchanges?

[VaLeRaaa]

It all depends on what your goal is. if you want to increase the capital several times, then take the tops that are on the dollar and bitcoin. Which have shown their reliability and exactly rise up. If you want a lot of X, take on new projects that are not yet traded on major exchanges. But for this you need to greatly diversify the portfolio and understand the project well.

[Resident Evil]

You need to follow some professional investors on twitter, they do post yheir recommendations, then you can do your own due diligence and read the chart too before investing.

I think that various ICO and other projects buy their opinions, because there is no sense for popularities share their ideas without any profit.

But if we talk about real analize of the project, i think is very important not only read WhitePaper, but also check GIThub and see what company've already achieved and what they are going to create.  Only after this you can invest money(that you are ready to lose)

[ynclksnr321]

Now, unfortunately, I don't think you have a project to choose from. Even the projects we call the best are almost 70% lost. It would be the most logical option to wait in such markets.

[ICO2019]

When choosing a coin for investment you need:
 - Check the team
 - View product development activity
 - View social activity
 - View trading on the stock exchanges
 - Read white paper

These are just a few factors when choosing your coin or token

[prayogi]

indeed, there are lots of coins in circulation today, and many of them are actually fraudulent, so in choosing coins we must be careful, we must know the extent to which coins develop, don't let us choose the wrong coins, if we want to be safer then Select coins included in the top CMC

[GGmith]

honestly I don't really understand coins that have great potential in the future, because almost all coins have advantages and disadvantages to each other, of course it's difficult to determine but at least by looking at the community and the volume of the market. maybe the coin will be valuable in the future,

[ridertiger]

I find that Vertex will do the choosing for you and they will invest at least half a million dollars per ICO.

as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

[Convery]

Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?

If the answer to any of those questions is “yes” then you should probably choose a different coin.

This is very helpful comment and it should be more known for newcomers.
But as always, there are many coins, that meet all criteria, no premine, no ICO, good community, like Vertcoin, but who wants to use it? And why we should use it? Because it is a honest coin?