Post
Topic
Board Trading Discussion
Re: How to choose good coin!?
by
ployfit
on 11/01/2018, 19:08:14 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?

I often choose a good coin from looking at total supply and total demand in the market by analyzing the volume of the coin, if the volume of coin is a lot and the total supply is very limited I will buy the coin.
We have different patterns to follow and have different analysis based on the given information but it's not really the supply as the basis because there are coins with high supply such as Ripple, NEX, and TRON but they are still very progressive right now, to be listed in the top 10 on the https://coinmarketcap.com is already a great achievement especially if you consistent in the top.

Supply is not everything but I try to select my coins from the low supply ones, or high supply-low price ones. They are tend to go up better compared to expensive coins above $1 region.