Post
Topic
Board Speculation (Altcoins)
Re: Tips to find new gem
by
South Park
on 07/01/2021, 18:14:17 UTC
hey folks, i'm new in crypto and want learn more about this. As BTC has already pump a lot i'm trying to find a new gem with a low marketcap which can have a decent run in the following years. I can read sometimes some people picked some coins and did a lot of profit, and i was wondering how they can do to detect a coin with a lot of potentiel. I started to search but to be honest i don't know where to start. I was wondering if some people could share their experiences and how to be able to detect a coin Smiley
 

You can only detect a coin with good potential by following its development in their chat channel, social media channels, or even in this thread the potential of a coin in the market will only show on how the community reacts to its updates, how the developer address the issues, all of this can be found in a group or channel where they update the progress, their update is timely and all concerns are resolved
Without a doubt that is a decent method to find out if a coin is good or not since it takes time to make that determination, however that assumes that you have some knowledge about the market already and I doubt a complete newbie can pull off something like that, people with experience and that have been in the market for many years can do so because most likely they have watched and analyzed hundreds of projects already so it is easy for them to tell apart a scam from a real project but a newbie does not have that kind of skill yet.