How do you discover coins with great potential? Nearly 10.000 coins out there...

[matchi2011]

Hello,

there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?

there are many altcoins on the exchange market and almost all of their data is centralized on Coinmarketcap. So before buying altcoins, I did some research on some of the altcoins listed on Coinmarketcap and the altcoins that were in the top 50 - 100 positions. and after finding several altcoins then I saw that they were listed in the top 10 market or not. because I will buy altcoins that are in the top 50 - 100 and the market that is in the top10 coinmarketcap.

Using your own research and assessment, it's only you who can decide. It's not  easy as there are lots of factors to consider
before investing to this market.

Make sure to check the market movements using CMC or COingecko, they've got lots of information that are very useful before
deciding which coins to buy.

[1714793757]

1714793757

[1714793757]

1714793757

[1714793757]

1714793757

[cryptoabundance]

There's less than 60 coded from scratch [1].

If you further ignore all the ones with premines/instamines/devtax, then you're left with only a handful,
that share the good properties of Bitcoin: created to innovate, not to enrich the creators.

[1] https://docs.google.com/spreadsheets/d/1geg5HHgDO-ht0u6CSTHplJudr9kSGQYAoJvaKnfRhI4/edit#gid=0

Thank you very much for this overview.
I am looking forward to studying and researching the details.

Also, knowing that there are just 60 original coins out there is amazing compared to 10.000 total.

[tromp]

I suggest that you can choose coins ranked 200 and above.

Then you miss out on the ones with a very slow emission.
The ones that after a few years have still only emitted a few percent of their (soft) total supply.

You cannot get a high marketcap with a very low supply.

[South Park]

There's less than 60 coded from scratch [1].

If you further ignore all the ones with premines/instamines/devtax, then you're left with only a handful,
that share the good properties of Bitcoin: created to innovate, not to enrich the creators.

[1] https://docs.google.com/spreadsheets/d/1geg5HHgDO-ht0u6CSTHplJudr9kSGQYAoJvaKnfRhI4/edit#gid=0

Thank you very much for this overview.
I am looking forward to studying and researching the details.

Also, knowing that there are just 60 original coins out there is amazing compared to 10.000 total.

It is not really that surprising, I have held the view for a long time that 99% of the coins in the market are scams so I was expecting a number close to 100 and to see that only 60 are coded from scratch means that even my stance has been too soft on altcoins, truth to be told most coins are either copies, forks or derivatives from other coins and when that is the case your only hope is that hype takes over a particular coin so you can make money, but if you want to invest based on fundamentals then investing in coins that are actually being developed from scratch seems like your best bet.

[Miaallen]

There are series of projects on both Coingecko and Coin Market Cap that one can follow but there are series of upcoming ones which are yet to be listed anywhere but promising but one has to be very careful and looking for tokens to invest into in order not to fall victim.

Ensure you look in the team behind the project you want to invest into. Check their track records and how good they are at what they do. How attainable are their projects objectives and possible can their delivery be. Things like these should be checked to know what potential the project will have.

[jostorres]

Is there a CSV file oder SQL database to analyze somewhere?

That will not be definitely helping you. Because, it is all about promotions of coins and how intensively devs are caring their project. I mean many shit projects are enjoying good run in this crypto space whereas some real concept based the project disappeared in very short period of time or trading at very low level still. So, no analyze will help you.

Probably what you could do is, just go with old and reputed/well known coins. Because, they are having more than 80% chances for getting you good profits. Instead of struggling with all these, you can simply invest with the bitcoin alone which might be having 99% assurance to get you good profits in long run.

[tarable]

There are indeed a lot of coins on the Coinmarketcap list, and most of them are dead. I suggest that you can choose coins ranked 200 and above. Apart from that, you check if it is on a particular exchange, so that you can make exchanges. Many of the coins on Coinmarketcap have been deleted from the exchange.

True, but the 200 rank seems too far, it's better to choose for the top 50 so it's not too complicated to choose because it's true as you say, many coins on Coinmarketcap cannot be exchanged anymore because they are no longer developed by the team.

[tromp]

I prefer to look at the ranking of PoW coins (don't care for premined coins such as all PoS ones) by daily issuance:

https://www.f2pool.com/coins

Only about 60 coins there have daily issuance over $1K,
so once again a very manageable number.

The intersection with that other list of coins written from scratch is maybe only a dozen or so,
and should merit the most interest.

[GrosWesh]

Hello,

there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?

There is no miracle recipe, but as already said in other comments, the quality of the research carried out is crucial. Obviously, that will not be enough and it will also be necessary to be lucky ...

A good solution is to balance the risks by investing a part of your funds in solid assets (top 10/20) and the other part in projects in which you believe, following your research. The key is not to get carried away by all the promises made in each white paper. The teams are very, very strong in marketing nowadays ! 

[k@suy]

Using your own research and assessment, it's only you who can decide. It's not  easy as there are lots of factors to consider
before investing to this market.

Make sure to check the market movements using CMC or COingecko, they've got lots of information that are very useful before
deciding which coins to buy.

Personally I do my own research too when it comes to a new rising and promisung altcoins today but to be honest I am lazy when it comes searching for a great potential altcoin it is because we are having a 10,000 altcoin in the market and that was too huge and time consuming if we were going to read every white paper of every project right. And for me that is why it is useful to rely in someoned advises too, like their reviews or experience using that token, and from that is my point to check the white paper of a certain project.

[South Park]

Hello,

there are almost 10.000 coins according to coinmarketcap.
How to get an overview? How to discover coins with great potential based on other coins with similar characteristics?
Is there a CSV file oder SQL database to analyze somewhere?

There is no miracle recipe, but as already said in other comments, the quality of the research carried out is crucial. Obviously, that will not be enough and it will also be necessary to be lucky ...

A good solution is to balance the risks by investing a part of your funds in solid assets (top 10/20) and the other part in projects in which you believe, following your research. The key is not to get carried away by all the promises made in each white paper. The teams are very, very strong in marketing nowadays ! 

And unfortunately the quality of the research has everything to do with your knowledge about how the blockchain really works, after all how you can find good projects when you know nothing about the market itself? This is why people most of the time recommend other people to stay away from altcoins, people do this not because they want to interfere with the chances of people to make money, what they want to do is to avoid them to go through catastrophic losses which is by far the most likely outcome.