5 Easy Ways to Know which Coin is Good

[nagamerah]

1. Look for cryptocurrency at a price of less than one dollar

That is important for several reasons. One is that prices under one dollar create the illusion that cryptocurrency is "cheap," especially for investors with little funds to invest. Smaller amounts can be easier to get double and triple that of a larger number. and That proved to be more systemic in gaining profits. Where we have seen in the trade of several decimal cryptocurrencies behind zero. Like RubleBit, which traded at 0.038, up 522% in the past seven days. And CYDER, which traded at 0.082, rose 7.412%. outside get used to not ... ??


2. Check the cryptocurrency website to rate the most promising coins

In terms of checking their potential to be adopted as our chosen coin, this method can be used to estimate the "intrinsic" value of each coin, after reaching a certain adoption level, using the quantity theory of money.


3. Check Reddit to find out which coins have the

Reddit Community consisting of "innovators" and "early adopters." Although small, this group helps spread buzz to the larger "initial majority," and creates demand for the coins.


4. See cryptocurrency from Supply versus and maximum supply

For obvious reasons: crypto is likely to increase with increasing demand, because the fewer coins that are supplied, chances are that prices will also increase.


5. Check cryptocurrency charts and price charts.

You should consider cryptocurrency with price charts and volume increases, because this type is the confirmation of momentum for all types of cryptocurrency. Of course, this method must be done very carefully. Investing in hype and not fundamentals, cryptocurrency is a very risky game, because it's hard to predict when hype will fade, and coins will be worthless.

[Ariel]

Thank you for the useful information.

[trofim21]

Thank you for your article is very informative, I would add today it is best and safer to participate in projects that have already collected a soft cap

[gerald232]

I don't really understand how to judge the best coins. I rate, the best coins still listed in CMC are ranked 1-10. for other coins I don't know how to find information, telegrams, websites and others as a basic reference. Perhaps the project roadmap can be used as the flow of information needed, teamwork can be seen and we can ask on the official telegram channel of the project.

[Delgboke]

the information is helpful but that isn't enough for some people based on their own understanding sorting the best coin or ICO to invest into.

[Zed0X]

I am not yet sure what to make of these "tips".

Can the OP be more specific?
I'd like to know whether these tips are for finding which coin is good for long term investing? or good for trading?

[Malam90]

This is very very informative post to select a good coin from a lot of new coins. Team performance, good roadmap, project potentiality is also helpful for detecting a good coin.

[gerald232]

what I know, coins all bring good value to their community. but the support team of the coin or the project team always comes out of the established concept. finally the development of the platform is slow, as a result of the growth in the value of the coin to be slow or not up.