Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Blank Hole on September 22, 2018, 01:14:19 PM
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Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?
If the answer to any of those questions is “yes” then you should probably choose a different coin.
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To choose a new coin, there are several steps that must be done. First, we see the developer first. In addition, pay attention to the coin market volume. And finally, you can also consider the trend of coins.
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You are right, I also believe that coins that do not have a hard Total Supply limit and have a high Premine, then consider this coin as an investment is a bad idea, because you can hardly make a profit. The presence of ICO is not an indication that the coin is bad, because many good projects created their coins thanks to ICO, for example, Ethereum began its journey with ICO.
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we see the developer first. In addition, pay attention to the coin market volume. And finally, you can also consider the trend of coins.
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To choose a new coin, you need to consider several aspects. First consider the developer. Other than that, pay attention to the volume of the coin market. The higher, of course, the better. Because it proves that the coin has many enthusiasts. And lastly pay attention to the trend of coins.
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Hey, guys. Here I stumbled on interesting arguments https://dapcash.org/choose-altcoins-for-investment/ (https://dapcash.org/choose-altcoins-for-investment/) , how to choose a new coin to invest among a crazy amount of shitcoins. Especially I liked this thought: “Pay close attention to a project team. If a team comprise too many managers, advisors, and marketers it could mean those founders are primarily concerned about the image of a project. Don't get fooled by these decorations. In a decent blockchain project, the main role is played by developers”.
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Good question. I buy coins when they are listed on the stock and see the volume of trading. There are projects that do not reach hardcap but they are successful. Maybe they have a number of ways to increase investor confidence with a large number of communities. Cryprosoul is a project that always gives you airdrop and now they have good prices in the crypto market
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To choose a coin you need to put into consideration the activity of the team, the volume of the coin on market.
How good is the good in the long run .
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To determine a good new coin. You have to do research by looking at the professional #DevelopmentTeam , achieving sales and seeing the volume of coins. And this is a way that I often use to choose new coins.
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My opinion we see from the implementation of the coin, whether the function of the coin, whether it can be applied in the community, and how the public response to the coin, and there are many other things that must be considered if we will choose new coins.