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Author Topic: Binance coins that can increase in price anytime soon!  (Read 198 times)
jflavus (OP)
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April 02, 2022, 07:57:25 PM
 #1

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
sunsilk
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April 02, 2022, 08:32:26 PM
 #2

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
It's always about the demand of every coin that's determining their prices.

So the higher the demand, the better price that they've got. And as you've mentioned Binance, it can really increase anytime soon because bitcoin is doing well.

When bitcoin is performing very well, it's also giving other altcoins the signal that will make them perform good too.

jflavus (OP)
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April 03, 2022, 12:26:35 AM
 #3

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
It's always about the demand of every coin that's determining their prices.

So the higher the demand, the better price that they've got. And as you've mentioned Binance, it can really increase anytime soon because bitcoin is doing well.

When bitcoin is performing very well, it's also giving other altcoins the signal that will make them perform good too.

So, regardless of what the project is about, all coins should increase in price soon? Am I right?
jrrsparkles
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April 03, 2022, 06:40:49 AM
 #4

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
It's always about the demand of every coin that's determining their prices.

So the higher the demand, the better price that they've got. And as you've mentioned Binance, it can really increase anytime soon because bitcoin is doing well.

When bitcoin is performing very well, it's also giving other altcoins the signal that will make them perform good too.

So, regardless of what the project is about, all coins should increase in price soon? Am I right?
Not everytime, sometimes the price of altcoin declines when the price of Bitcoin increase but the real fact is no one knows when and what project will explode, the random project may increase 500% overnight so it can't be predicted with any kind of analysis, its just a whale thing.









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April 03, 2022, 06:58:21 AM
 #5

So, regardless of what the project is about, all coins should increase in price soon? Am I right?

Does it sounds right to you? Of course not. 99.9% projects are going to zero sooner or later. There are more than 18 000 projects. most of them are scams made only to suck money from investors. It definitely not as you said. Market is not a magic place where everyone is earning because everything is growing.

If you are new ... give up with this market cycle. Do your best to prepare for next market cycle (3-5 years). Lear about crypto, about market, about technical and fundamental analysis. During this market cycle limit your actions to investment in the safest and well known projects. Bitcoin/ETH/BNB
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April 03, 2022, 07:09:46 AM
 #6

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins?

Fundamental and hype. Both have become important things when you wanna try to search the gem. Searching the gem was not an easy task and you must always try to do various research. Don't you see a token called GMT/stepn? This was the hidden gem last month and it was increasing a lot drastically. I guess the exchange site can also become a clue about the hidden gem as well.



What does determine their price movement?
Demand, supply, hype


What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
In this case when you are looking for the hidden gem or good ROI and you can try to join in the IEO that launched on binance or various IDO platforms. Im sure that you can earn good money but the bad thing is if it's so hard to join or get a spot.

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April 03, 2022, 07:17:30 AM
 #7

I don't suggest anyone to follow it but until now I still believe in binance coins like ETH and BNB if you really want to choose a safe and potentially better coin, choose both coins and I'm sure the two coins won't die either.  as long as the bitcoin market is still safe.

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April 03, 2022, 07:27:48 AM
 #8

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
It's always about the demand of every coin that's determining their prices.

So the higher the demand, the better price that they've got. And as you've mentioned Binance, it can really increase anytime soon because bitcoin is doing well.

When bitcoin is performing very well, it's also giving other altcoins the signal that will make them perform good too.

So, regardless of what the project is about, all coins should increase in price soon? Am I right?

There is a chance that upon release they could go up in prices. The question is, is the price increase just due to hype or it is really a solid project that investors are willing to pour their money on it?

So you really need to do your own investigation, not just invest because of the hype. But if you want to skip this, maybe it's good to see at the top 10 altcoins and see which coins you want to invest asa a beginner.

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April 03, 2022, 08:01:43 AM
 #9

Actually I'm not sure about tokens from the BNB network because most of them don't last long and have low quality but not all of them I've followed their community which until now still survives and seems still good to use as an investment there. are TokoCrypto token(TKO), Safepall(SFP), Seedify.fund(SFUND). they look to be going back up soon.
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April 03, 2022, 08:10:10 AM
 #10

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
If any reason at all. Its not easy to find a gem that could do 100x or more just easily. If there is, there is a huge risk associated with it and sometime its hard to know if its gonna do a major multiplier. Most traders are kinda unique and even fundamental analysis can even just say so if its a good token or coin to invest with. But for mex of course I could recommend to bet on a new project.
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April 03, 2022, 08:18:59 AM
 #11

I don't suggest anyone to follow it but until now I still believe in binance coins like ETH and BNB if you really want to choose a safe and potentially better coin, choose both coins and I'm sure the two coins won't die either.  as long as the bitcoin market is still safe.

As a newbie to the market,  it is best for the OP to look for BTC, ETH and BNB safe coins. Can be considered as the safest coin and it is suitable for all newbies or experts. Gem search is not easy, requires knowledge, experience and know-how, so OP should not rush but focus on the top coins.

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April 03, 2022, 08:20:28 AM
 #12

Even veteran traders will find it difficult to find so-called "gems," especially in exchanging so many cheap coins that could become the next "gem."
Finding "gems" is a matter of luck that not everyone can find but you can try to invest in Bitcoin and don't invest in altcoins if you are still having trouble deciding what altcoins you can hold.
Maybe you can hold coins based on the top 100 of the list of coins on the market and try to find more information about each coin to see how much potential it has to improve in the future.

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April 03, 2022, 09:18:51 AM
 #13

Imo, I would suggest you join platforms launchpad who can identify gems. They know what to look out for and they have the resources to find them. Since you are new in crypto with little or no experience, it is better you stick to using launchpad until you can do it yourself. Binance launchpad, Coinlist are good place to start, but you must note there are certain requirements that need to be fulfilled before you are qualified to participate in their sales. You can search those information from their website.

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April 03, 2022, 09:56:28 AM
 #14

(.....)
I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
This is very risky, especially since you are a newbie in this field. As we all know that in Binance Scam Chain (BSC) are most of the altcoins there, especially those new projects are popping there are mostly scams.
Another thing that I noticed why Binance Smart Chain (BSC) lured a lot of newbies is because of these so-called "hunting gems" which may get you huge returns but on the other hand, at high risk and more likely a gambling.

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April 03, 2022, 11:32:39 AM
 #15


What do we look in coins?

Definitely, we should look for the demand or future demand of the coin.  Aside from that if the coin is new, we should check the following"

Developer - we must know the capability of the developer and how true is their declared background.

Marketing Team -  this is very important if we wanted our investment not to sleep too long.  Many projects nowadays just hire someone without even verifying their skill.  Many even give them false background just to beef
                          up the so-called reputation of that said team.

Roadmap - is it realistic and attainable?  Many projects just utter complete nonsense and promise a huge return after some time.  we should also check if it is one of a kind and just a copy of the previously successful project.

Token allocations -  Too much airdrop can ruin our investment, and too much reserve for the Team can also manipulate the future market or even crash it when the team decided to dump.  It makes no sense when a
           project allocates a separate portion for the team and the project development.  They already have their money during the private selling, pre-selling, and initial public offering (ICO, ITO, IDO whatever you called it)
           and even post public offering.  It is just a complete non-sense for a developer to get more token allocation when they already have the money from those pre-sellings of the token, it just looks like a money grab
           even before the project come to a realization.

Market -  We should also check the target market of the said token.  The greater the target market audience is the more possible the project being successful.


Don't just jump into the wagon because someone said it is hot or good.  Always dyor and check for red flags and critical points.  

What does determine their price movement?

It is always the supply and demand, and the speculation of the investors that determine their price movement.  You can see two things here.  Price move because it is greatly hyped or because it is very promising (in short it has a great potential).  We should be able to differentiate the two.  If we failed to, we might end up bag holding useless token.  


What shall I chase while looking for coins/gems?

These are a good read:

Five Things To Consider Before Buying Your First Cryptocurrency
How To Find the Next 100x Crypto Gem Before Everyone Else
How to Identify the Next Big Cryptocurrency


I really want to learn and invest.

Asking questions and doing survey is a good start but don't just listen to everything you hear, you must do your own research, weigh all the data and go with what you understand is the best.  After all it is your money you are spending.  And always have patience and be updated.

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April 03, 2022, 12:32:53 PM
 #16

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
It's always about the demand of every coin that's determining their prices.

So the higher the demand, the better price that they've got. And as you've mentioned Binance, it can really increase anytime soon because bitcoin is doing well.

When bitcoin is performing very well, it's also giving other altcoins the signal that will make them perform good too.

So, regardless of what the project is about, all coins should increase in price soon? Am I right?

There is a chance that upon release they could go up in prices. The question is, is the price increase just due to hype or it is really a solid project that investors are willing to pour their money on it?

So you really need to do your own investigation, not just invest because of the hype. But if you want to skip this, maybe it's good to see at the top 10 altcoins and see which coins you want to invest asa a beginner.

Thanks a lot for every one of you for the replies. I am also interested in learning about price action technical analysis, is there any way that I can find free videos or you guys recommend me something so I can learn it inside out. I don't want to be dependent on other people but learn it inside out so I can analyse it better and hopefully will increase my capital rather than risking it with FOMO.
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April 03, 2022, 12:33:08 PM
 #17

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.

First of all, don't rush to invest, and learning takes time and patience on studying the movement of the price in the crypto market such as Binance. I was in the middle of hesitation when I first invest in certain coins but then I remember the golden rule which invests only what you can afford to lose. So I did that and proceed to my plan which I studied earlier in the exchanges by looking at what sort of coins are trending in the market right that day, I was lucky to choose the right one due to my patience and luck and I finally concluded my investment when I reached the desired amount I wanted to sell my coins. It might be simple as it sounds, but it took some time to study the market and a little bit of patience is recommended.
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April 03, 2022, 03:29:40 PM
 #18

It's always about the demand of every coin that's determining their prices.

So the higher the demand, the better price that they've got. And as you've mentioned Binance, it can really increase anytime soon because bitcoin is doing well.

When bitcoin is performing very well, it's also giving other altcoins the signal that will make them perform good too.

So, regardless of what the project is about, all coins should increase in price soon? Am I right?
As said, it's based on their demand so yes if the demand is increasing but it will not stay there forever. After it increase that much, it's about to decline and start correcting.

Still, you should be careful regardless of the project because that increase that you're likely to see from them could be just temporal and can be a pump and dump so secure your profits quickly.

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April 03, 2022, 04:08:54 PM
Last edit: April 03, 2022, 05:00:29 PM by bittick
 #19

if you really trying finding some underrated gems inside binance platform then you most likely gonna find many but surely there are some altcoins that have reached their most potential since the fact that they make it and being listed in binance platform itself already such a great feat and it could be that some altcoins are already some great things the time they got listed in binance platform therefore kinda having minimize potential compared with other but regardless there are many newly listed altcoins and even some altcoins that are being endorsed by binance, if they have relatively low market capitalization you could easily score some great ROI if you could just hold it for the long term, other way is by finding any project under binance platform that seems promising like metaverse, etc that could have momentum easily in the future. FYI if the price movement driven by the hype. The hype itself was coming due to the demand and supply in the market.
You must take a look at the fundamental of token. This is the most important thing when you are trying to find the hidden gem

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April 03, 2022, 04:27:21 PM
 #20

I am a new trader who has been trying to analyse the market but couldn't find anything. I have also been trying to identify the so called " gems " in the market but so far have been unsuccessful. What do we look in coins? What does determine their price movement? What shall I chase while looking for coins/gems? I really want to learn and invest.
If anyone can help me with this, I'd really appreciate it.
As a new trader, first thing is first, and that is to take things easy, there is really nothing to look out for that would tell you that x or y project isn't a scam or a shitcoin, for now you basically just have to concentrate on learning and doing your own personal research, that is the only way to do it right.

Having said that, you should also be very careful about following people's suggestions about coins to invest in, more often than not people would suggest to you coins that they are hodling, thus you might just end up helping them pump it, while they pull out and the coin dumps, leaving you in a loss/receiving end.

Study the history of a coin before investing, take Bitcoin as a case study, if you do your research about Bitcoin, you will understand that it is a great investment and a long term project, and if you are a long term investor then it could be your best bet; but on the other hand, if you lack patience and possibly want to ride your luck in "getting rich quickly" then you could prolly try new/pump and dump coins, but you must understand the grave risk involved if you choose to go down that path.

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