What Do You Look Out For When Picking Your Favourite Coin?

[passwordnow]

I am not an active trader but one thing that I considers is checking the community of the project that I am spotting on. If there's so much valuable information that's being spread through its community then that means that they're helping each other and keeping their community informed on what they're doing. Like with the examples about the progress that they make and updates about listings, etc.

Honestly, most of them are just the same in terms of all of the purposes and updates but they're just choosing different chains on where they think is going to be best for their project. Some may say about the supply limit of the coins, well, I'd put that on the last list of my factors because many of them won't be considered valuable even if the supply is just few and they're just following the path and structure of Bitcoin for having a limited supply.

Keeping the community up-to-date with information concerning the project Development along the roadmap is key in a project I settle with too. Infact it is part of what I consider whether I will hodl a token long term or short.

While it's actually a good key that we've been considering. There are projects that after being listed to exchanges and have got that valuation for their coins or tokens, they'll just leave and abandon the project when they're done with the sale of their own shares. That's what typically is happening from many projects that we consider but if you're able to find a precious one and still consistent, you'd definitely gonna love that project for real.

That said, the team organization is the most vital factor I look out for and the performance of token on Exchanges if it's already listed.

This is vital because listing on known exchanges are going to take time and requires a lot of money. If the project you've been following lists on the small exchanges where in they've got a lot of shitcoins and pump and dump tokens, you may think that the project you're into with is gonna be the same with the flocks that are being listed there. So, what you have to do is before the crowd dumps it, you have to accept the fact that its category is the same as the listed cryptos there.

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[VicManton]

Here's the question, What criteria do you consider when choosing your favorite tokens?

These are the criteria I'm looking for in a coin that I am interested in investing, the team composition, they should be real developers who have good expertise in creating a good project and they have a good character that will make sure that they can complete the roadmap through its completion.
The project should be real and it should have usage that the majority of the community can use, it's easy for a coin to gain support if they have usage.
The project is real and not a copy-paste of an existing or dead coin, so many projects are caught using other projects' roadmaps.

Exactly, that's what I look at most times. These days some developers rush to do some projects due to the bull market that's approaching but when we do proper research we can look into those that are genuine with good use case. Like DUEL, came out recently and they have something good coming then ICP, great project

You mentioned DUEL as a good project, what made you say that? Have you compared it with AVA and see reasons for this? Do they even plan to list on major platforms like Bitget or Binance spot? We need facts.

[Promocodeudo]

The first thing to look out for in a coin before making your choice for me is, you have to ascertain the authenticity of the project, that's to know if the project is a scam or real because money is involved and human beings can do anything to make money on the expense of other without being bother about others feelings, you will also have to check if the project can have upsurge within a short period of time, this is the main attraction of many investors and most of them fall victim because of this, lets not forget that a project might look promising but at the end it will be a disaster this is why we really need to up our games when making choice in respect to coins.

[JeffBrad12]

definitely the total supply and how legitimate the project is, I mean if you are kinda veteran you will know right off the bat that some coin could be shady a f and the other that has proper information are worth to look into.
but usually I will always try to look into the total supply first since if I know that the circulating supply and diluted market cap is too high I know this coin isn't good for investment.
but at the end of the day the fundamental is also as important if you know the project truly gives ground breaking innovation meanwhile also being supported by big investors you almost know that this project might have a future.
i refrain from investing into a project that available in dex for too long and not even get the chance to get listed into the CEX though as far as my experience, being listed on CEX means you most likely meet the criteria of being a serious project in my
honest opinion.

[Kristiyana]

The first thing to look out for in a coin before making your choice for me is, you have to ascertain the authenticity of the project, that's to know if the project is a scam or real because money is involved and human beings can do anything to make money on the expense of other without being bother about others feelings, you will also have to check if the project can have upsurge within a short period of time, this is the main attraction of many investors and most of them fall victim because of this, lets not forget that a project might look promising but at the end it will be a disaster this is why we really need to up our games when making choice in respect to coins.

You're absolutely right,in my own opinion I think the  best thing one should do before picking your favorite coin, first and foremost you have to take a deep research on the project if it is scam or not,and secondly how long is the project going to last, reason is because there are some newly launch project that only last for 1 to 2months. at this point a lot of people might decide to invest on this newly launch project hoping that the project is going to last for a very long period of time, that is why we need to be extremely careful with the kind of projects we invest on.