Post
Topic
Board Trading Discussion
Re: How to choose good coin!?
by
upsidedown75
on 30/11/2017, 17:10:16 UTC
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

In choosing a good coin, there are lots of factors to consider, such as safety, volatility, credibility and stability. One must study all the parameters and what would he or she do  with the coin that is chosen. The success of investing on those coins vary on what activity is being done, like mining and trading.
Credibility is the most important thing to first pick out there as that is the only way you can ascertain the rest. It is from the team and the feasibility of the project itself that you can determine if a coin is what holding or not.

Volatility is a general thing in every coin and I do not know why you mentioned it but that as far as I am concerned is not a criteria in holding a choosing a good coin except if you are referring to staying away from pump and dump coins which we obviously know is shitty anyway from the project outlook.