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Author Topic: how to choose a new coin  (Read 4505 times)
CryptoToxicAvenger
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August 11, 2018, 01:40:16 PM
 #41

Well, if you do not have enough experience and knowledge, it is better to choose more reliable coins for investment. Buying new coins can be dangerous because if you make a mistake in the choice, you will lose your money. And if you choose proven coins like Ethereum, for example, you can not be afraid of anything and just wait for the price to rise.
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August 11, 2018, 01:45:23 PM
 #42

if you mean choosing an ICO then I can't give an opinion about good things for investment, I think too many altcoins are on cryptocurrency, I see hundreds of coins on the coin market cap, I advise you to glance at the top 10 on the coin market stamp.
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August 11, 2018, 01:49:13 PM
 #43

First of all, the coin must be provided with a real product or service. Then the importance of the team and the degree of their responsibility in the development of the project. What work has been done. What are the plans for the project. All this is very important when buying a coin.

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August 11, 2018, 02:07:59 PM
 #44

Check if there is on going development and that the roadmap is being fulfilled. If not then pick another coin as there are likely to be issues with the back-end staff. If the community is large then it is a good investment, demand will always be there to support the coin

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August 11, 2018, 02:11:04 PM
 #45

Before I make a new choice, I first derive certain alternatives to myself. I examine and compare these alternatives one by one and calmly in detail. When doing all these operations, I try to do research to the best detail and look at past price graphs. As a result of my research on alternative options that I have identified in the first phase, I am starting to make preferences afterwards. I never choose a single option and I constantly create different portfolios. It seems to be a bit long, but it does contribute to the accumulation of intensive knowledge over time. You are also indirectly following the information about the market and acquiring this information.
bitc0000
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August 11, 2018, 02:15:40 PM
 #46

Find the coins that are listed in the coinmarket has a low capitalization. And there are huge trading volumes from 1-2 million $ per day. These coins can be good for buying and waiting for prices to rise. But it's only true for the uptrend market. When the market downtrend like today. Almost 100% of the new coins and altcoin will fall heavily

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August 11, 2018, 02:16:16 PM
 #47

Follow me to update their community and smart contract. It is possible that at this time many ICO projects are deceptive, but they are not really conquered, many ways we can detect them.
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August 11, 2018, 02:57:36 PM
 #48

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?

Actually the circulation coins is not much, only the popular coins are many in circulation.
But there are so many altcoins indeed, making we hard to choose coin to buy.
If you want to play safe, you can buy the existing coins with a good usage, not a new coins because it is risky.

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August 11, 2018, 03:07:59 PM
 #49

choosing altcoin is very important, I usually look at websites and roadmaps to assess an altcoin,
find a safe website, clear road map and a small total supply
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August 11, 2018, 03:10:26 PM
 #50

You need to do a lot of research for one thing.  I usually read the whitepaper and see if it even sounds legit.  If i get passed that point I investigate the team.  I also use ICO rankers like ICO bench.  The selection process is a blend of research, common sense and luck.  Sometimes I win and sometimes I loose. 

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August 11, 2018, 03:49:21 PM
 #51

There are too many coins to choose from. Now it depends on you and how much you are willing to risk. There are tons of worthless "new" coins out there. Due to sudden hype, the price skyrockets for a week and then the value goes down the drain. If you are willing to risk it and make some quick profit, then try investing on those for short term. But you should know that it is actually very risky and you will end up with nothing. For long term holding, try coins that are well known and trending on the market. Look at the market cap, supply and daily trade volume. It will help you get an idea of the future price.

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August 11, 2018, 03:58:01 PM
 #52

You can check project twitter, follow good investors twitter and LinkedIn accounts and make some own research. They will tweet something about good ICO. Other options is to find an ICO that has a great project and a good ratings on ICO-sites.
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August 11, 2018, 04:01:07 PM
 #53

First: experience. Second: check many ico benchmarks. Third: look what is team working on the project. Fourth: project good or not.

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August 11, 2018, 04:06:26 PM
 #54

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?
many coins / tokens are built in the blockchain already. But, I don't have issue with choosing the good one to invest in. I just need to do a lot researches a about the project. First is the project about, then the token economy, the team behind, roadmap, and etc.

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billy.ryoko
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August 11, 2018, 04:08:30 PM
 #55

It too risky invest in the new coin, there are many scam coin when the project launches, it seems to remarkable and innovative, after the coin listed, those this project have to stop the business running and turn to be the scam, nothing update anymore.

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August 11, 2018, 04:29:19 PM
 #56

There are many consideration should be made in choosing the new coin which coins will give much advantages for us. We know that now there are many ICO's are fall or do not reach the hard cap.  I ever read that a good coin is when the ICOs reachs the soft cap and hard cap and it is developed by many good people in that ICOs. And it is has realistic goal and good strategy to reach the goal. I do not know more about this, that is what I know from my friends.
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August 11, 2018, 04:34:07 PM
 #57

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?

choosing a coin that I think is quite difficult, because currently a lot of coins are circulating, so making it difficult for investors to choose a good coin which one. because currently there are also many fraudulent coins. so we need to be careful.

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August 11, 2018, 04:49:35 PM
 #58

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?


Are you talking about tokens or altcoins. If you are talking about tokens you should research about that ico project. But this might be very risk. Most of the ico are scam. Better go with altcoins.
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August 12, 2018, 10:34:57 AM
 #59

Early bird get a worm but a second mouse get a cheese. Never forget to check block structure and consider seller side from miners
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August 12, 2018, 10:36:07 AM
 #60

To select an asset in the portfolio, you need to look at the coin from a fundamental point of view, and then from a technical point of view.
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