Post
Topic
Board Altcoin Discussion
Re: How do I know the trustworthyness of a new coin?
by
cabron
on 28/02/2019, 13:35:53 UTC
Hi people,
I am relatively new in this field. Having done some "trading" of alt coins in 2018, I would like to seek the opinion of more experienced traders and hopefully gain an insight as to how can I better differentiate coins with higher potential and coins which are basically crap.

Thanks in advance!

You need research more on cryptocurrency and how it works then after you will come to know about the potential of a coin. Without knowing anything don't Invest in any coin, if you want to invest give prior to top 10 coins of the CMC chart.

Top 10 are the best to look at they say but its the number 1 that you should stick to. BTC/USD is where to most volume is which is why you should also join the party. There is a bad side specially if you don't have much funds for the fees, if this is your issue go to XRP because trading fees are lesser than you can thing of. Now you don't have to wonder why XRP are good to trade while majority says its a shitcoin.