Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: PRIBO247 on October 30, 2018, 02:14:19 PM
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Today, there are a lot of tokens/coins out there that can be pretty confusing. All of them look good but what can one look out for to differentiate the really good ones from the hype? Please advice is needed. Tnx
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I am a simple fella with a simple strategy about the coins I invest in, what I do is to invest in exchange tokens that give dividends to holders, that way I hold my coins but I am still earning on a daily basis. To crown it all, exchange tokens tend to be pretty steady in price.
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Well, I think that you need to pay attention to the capitalization of the coin and how it has long been bargaining in the market and who is behind it
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for staters, invest within top 20tokens first, observe how the price for the tokens vary. then start predicting with the help of your judgement and others judgement (your peers)
if you are a complete beginner, do not put your money just yet. instead, do a virtual or even manual practise trade.
also.. it is better to know the basics of trading and master it.
even the best traders lose because they've missed the very basic of trading.
goodluck.
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Frankly speaking, you need to use common sense for this and that’s with doing proper research, which often is time taking, but at the end of the day, it got to be done!
I feel it much easier through Cryptolinks, as with them, it’s easier to track Best Upcoming ICOs (https://cryptolinks.com/ico), as there you can invest with a lot more comfort and peace of mind. But even then just make sure that we do proper research on things before proceeding with making investments.
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I also think that people should pay attention on liquidity of the coin, and its capitalisation. Liquidity shows if there is demand for that currency and it means that you will be able swiftly to sell it or buy it, whatever is your intention. Without this you will be stacked with tokens
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Just choose the ones you like, do research on them - that's all
There is no magic in knowing the best for now
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Hellow guyz a good investment token and coin.