Understanding cryptocurrencies and investment.

[Bolivar_Tony]

Recently the way i make my investment these days is by looking at the coins pas history, and i will see how the coin have performed over the years, I will look at the patterns to see how they go down and how they recover and when they go down, by what percent does it happen, when they recover at what percentage does it recover, all these help me to make an informed decision before investing in any coin and it has helped me a lot

[Iyeman]

Investing only in the coins that have been traded in so many exchange sites. That's better for us caused by the top exchange sites give more guarantee for your money. I would prefer to call that as speculating rather than investing.

It's caused by that if there are so many coins in the market are only for the speculation purpose. These coins didn't have real value.

Picking top coins much more preferable to be used as ivnestment.

[JeffBrad12]

even if many here seemed to make some analysis from the chart which is not wrong, but i'd just elaborate the essence of knowing what future event might unfolds from the informed updates coming from the devs themselves.
usually knowing future events would be bountiful because we all know that there's high chance if the event is really good, the value of the coin will be carry significantly.
i always considers knowing future news in regard of the project more of efficient way in determining which coins to invest generally.
like how there's gonna be token released by the second layer solution, and maybe some innovation in the blockchain, that's more of sure way in knowing that things gonna happen and we can take advantage of it.

[ElmedoRator]

Crypto is a digital currency that comprises different coins. It's important that we understand how this coin works and which to invest in. How do we identify the best coin and the period to invest in these types of coins?

I can only tell you that Bitcoin will always satisfy you from the start until you realize its true value on your investment journey with this market. It is difficult to give your opinion to an inexperienced person, it is like describing to you a certain fruit flavor that you have never tasted, maybe you will know that feeling when Entering this market, there will be successes and failures and always look at it as lessons to help you perfect your skills in this space. I just wanted to say this to you, and wish you all the best in your journey in this market.

[Freddie Boyer]

If I choose the fundamental one that has performed well in the market and has a measurable development concept, it means where the coin/token is going to go, even though at first many were skeptical that it was impossible for them to succeed. However, that's what we should investigate earlier, not just the exact price. others, I think you can also search and browse the internet, there are also explanations about the subject you are asking about.

[terencio]

Crypto is a fascinating and complex topic that has many implications for the future of finance and society. I think it’s crucial to do your own research and learn from reliable sources before investing in any coin. Some factors that might influence your decision are the coin’s market cap, popularity, innovation, security and scalability.

[Hypnosis00]

Crypto is a digital currency that comprises different coins. It's important that we understand how this coin works and which to invest in. How do we identify the best coin and the period to invest in these types of coins?

I can only tell you that Bitcoin will always satisfy you from the start until you realize its true value on your investment journey with this market. It is difficult to give your opinion to an inexperienced person, it is like describing to you a certain fruit flavor that you have never tasted, maybe you will know that feeling when Entering this market, there will be successes and failures and always look at it as lessons to help you perfect your skills in this space. I just wanted to say this to you, and wish you all the best in your journey in this market.

Our experience gives us more ideas and educates us pretty well. Many things can hardly be understood if we are just listening but can be understood clearly once we are actually doing it. In fact, at the very beginning, only a few people thought that Bitcoin and cryptocurrency will grow but now, most of us are getting interested in this. And this happens because someone can verify and there is proof of such impressive market growth that we never expect before. We need proper education and that seems the way to fully understand cryptocurrency.

[Odusko]

Crypto is a digital currency that comprises different coins. We must understand how this coin works and which to invest in. How do we identify the best coin and the period to invest in these types of coins?

So we already have Bitcoin as the best coin to hold so there is no need to ask how to find the best coin because Bitcoin is the best coin, but if you want to look for an alternative to Bitcoin as a means of investment you must be ready for the following risks.

1: the risk of possible pump and dump.
2: risk of possible exit scam from the team
All this and many more are the risks associated with altcoins, but you can still have the luck to choose a good altcoin but only for short-term speculations.

[Wakate]

Crypto is a digital currency that comprises different coins. It's important that we understand how this coin works and which to invest in. How do we identify the best coin and the period to invest in these types of coins?

Asking Google the same question can save you the stress of losing significant amount of money. There are ways to know coins that would survive the  market harsh period and is noy by the names they answered or by the numbers of marketers they have. When you see a good project, they are so certain things we are going to see that would convince us enough about they project.

We should always invest in projects that the dev is known to the public although that do not defined if the project would be successful or not so we need to be careful on where we put our money. The major problem about cryptocurrency is that we  should be ready to invest what we know we are ready to lose, if not see might end up becoming a loser.

[Ngemmeng]

The way I choose new projects to invest is by looking at partners, investors and funds raised. actually there are many other considerations but these 3 things that I often see. some of the new projects that I think have the potential for long-term investment are APT, SUI, and ARB. these three projects have a lot of well-known partners, apart from that these three projects also have big investors such as FTX ventures, binance, and multicoi capital.

[bitkanu]

The way I choose new projects to invest is by looking at partners, investors and funds raised. actually there are many other considerations but these 3 things that I often see. some of the new projects that I think have the potential for long-term investment are APT, SUI, and ARB. these three projects have a lot of well-known partners, apart from that these three projects also have big investors such as FTX ventures, binance, and multicoi capital.

i'd say i agree that partnership with some big venture capital is of essential.
so many project are becoming massive success just because they got good partnership with some reputed investment firm and even venture capital.
it gives them way to get listed in some real big exchanges for free and fast. you just don't get such benefits with project that have zero relationship with big venture capital.

[shinratensei_]

Crypto is a digital currency that comprises different coins. We must understand how this coin works and which to invest in. How do we identify the best coin and the period to invest in these types of coins?

So we already have Bitcoin as the best coin to hold so there is no need to ask how to find the best coin because Bitcoin is the best coin, but if you want to look for an alternative to Bitcoin as a means of investment you must be ready for the following risks.

1: the risk of possible pump and dump.
2: risk of possible exit scam from the team
All this and many more are the risks associated with altcoins, but you can still have the luck to choose a good altcoin but only for short-term speculations.

those risks are only very few of actually that exists which could make us lose our investment.

so many risk involving in investing in altcoin in general but then again if seeing the return that we could make out of it, it might seems deserving.

take example like meme coin in general, its volatile nature that could increase thousand percents within short amount of time also means there are some risk accompanying and one of them is rugpulls.

with some altcoin in general that is of top notch quality, usually there's chance of it collapsing within a night like terra luna who would've thought that this coin could collapse?

but at the end of the day without proper management, these altcoin might just repeat the same histories so there's always reason investing in altcoin always considered short term investment because it's just safer for short term investment in general.

[so98nn]

You don’t actually because crypto is all about tests, trials, fails, and success. When it comes to the Altcoins that is the case however if you are talking about crypto in general and want a solid investment to be done then start with the Bitcoin. Yes, altcoins are there but as mentioned it comes with unpredictable Future. For example, I know very well that bitcoin is will have ups and downs all the time but with its past experiences bitcoin is moving forward with exponential growth. That kind of prediction or cyclic change can not be experienced in the alts. That makes it unstable investment and hence it should be done with proper research.

There is no subtle way to understand these coins.

This forum has talked about choosing the right coin thousands of times but there is seriously no one who can predict right investment.

[fvb]

I ask myself this question all the time when I see a new project. Firstly, I look at the project itself, that is, its usefulness for users and what the project offers for the industry as a whole. And then you study what the company represents in general, that is, the number of followers in social networks, and in general I conduct a thorough analysis. And then I weigh the risks

[Fredomago]

You don’t actually because crypto is all about tests, trials, fails, and success. When it comes to the Altcoins that is the case however if you are talking about crypto in general and want a solid investment to be done then start with the Bitcoin. Yes, altcoins are there but as mentioned it comes with unpredictable Future. For example, I know very well that bitcoin is will have ups and downs all the time but with its past experiences bitcoin is moving forward with exponential growth. That kind of prediction or cyclic change can not be experienced in the alts. That makes it unstable investment and hence it should be done with proper research.

There is no subtle way to understand these coins.

This forum has talked about choosing the right coin thousands of times but there is seriously no one who can predict right investment.

It's your own judgement and understanding that can lead you to your success, picking the right asset to invest and placing your position in the right time will always have a strong factor when investing to this market, I can say that you are right with speculative opinions and there's no accurate information regarding to how the market will behave.

It's you that needed to do extra effort in learning how to anticipate and how to select which assets/project to support and invest with.

[Iyeman]

Crypto is a fascinating and complex topic that has many implications for the future of finance and society. I think it’s crucial to do your own research and learn from reliable sources before investing in any coin. Some factors that might influence your decision are the coin’s market cap, popularity, innovation, security and scalability.

DYOR is a must but so many people didn't care about that. They keep blindly putting their money without thinking about the future of projects. I don't even know what has been thinking by those people but it seems like that if they were not having enough exp investing in the crypto. i will prefer to take the community as the important metric.

[wxa7115]

Crypto is a fascinating and complex topic that has many implications for the future of finance and society. I think it’s crucial to do your own research and learn from reliable sources before investing in any coin. Some factors that might influence your decision are the coin’s market cap, popularity, innovation, security and scalability.

DYOR is a must but so many people didn't care about that. They keep blindly putting their money without thinking about the future of projects. I don't even know what has been thinking by those people but it seems like that if they were not having enough exp investing in the crypto. i will prefer to take the community as the important metric.

This is not really a problem with their level of experience, this is a problem with the expectation they have of themselves and the market in general.

It seems as if they do not even consider the possibility they can lose their money, it is as if they actually believe the market is going to change and accommodate to their desires just because they are the ones buying a shitcoin, and as you may guess this runs contrary to the way the markets actually work, and those investors then find themselves on the difficult situation to try to figure out how to salvage the situation once the market moves against them.

[nesty]

Identifying the best coin and the right time to invest can be a challenging task. It requires research, analysis, and a bit of intuition. One way to identify the best coin is to look at its market cap, trading volume and historical performance. These metrics can give you an idea of how popular and valuable the coin is. Additionally, you can look at the technology behind the coin, its use cases and the team behind it. As for the right time to invest, it is important to keep an eye on market trends and news. Look for any major announcements or events that could impact the price of the coin. It's also important to have a long term investment strategy and not get caught up in short term price fluctuations. Investing in crypto currency can be risky so its important to do your due diligence and invest only what you can afford to lose.

[Silberman]

Identifying the best coin and the right time to invest can be a challenging task. It requires research, analysis, and a bit of intuition. One way to identify the best coin is to look at its market cap, trading volume and historical performance. These metrics can give you an idea of how popular and valuable the coin is. Additionally, you can look at the technology behind the coin, its use cases and the team behind it. As for the right time to invest, it is important to keep an eye on market trends and news. Look for any major announcements or events that could impact the price of the coin. It's also important to have a long term investment strategy and not get caught up in short term price fluctuations. Investing in crypto currency can be risky so its important to do your due diligence and invest only what you can afford to lose.

You are correct, however while something like this may seem to be incredibly simple as it can be described in just a few sentences, the amount of work something like this could take is huge, and many newbies never really stop to think if they have what is necessary to do all of that, as finding a single good coin can be an extremely taxing activity, as thousands of coins are released each year and yet only a few of those coins make any kind of significant impact on this market.

[petulino]

Crypto is a digital currency that comprises different coins. It's important that we understand how this coin works and which to invest in. How do we identify the best coin and the period to invest in these types of coins?

In my opinion, before investing in any project coin, one should have complete information about the project and check their documentation, team and future plan. The main thing is what purpose that coin is made for and where it will be used in the future.

As Polygon matic through which you can do your transactions with very low fees, the goal is that it has a great role. Similarly, there are many other coins that can be used to create many conveniences. If anyone is still having trouble, you can choose from the top coins in the market, because any coin coming to the top coin is a sign of its excellence. This is also an easy way to choose coins.