Identifying the best coin and the right time to invest can be a challenging task. It requires research, analysis, and a bit of intuition. One way to identify the best coin is to look at its market cap, trading volume and historical performance. These metrics can give you an idea of how popular and valuable the coin is. Additionally, you can look at the technology behind the coin, its use cases and the team behind it. As for the right time to invest, it is important to keep an eye on market trends and news. Look for any major announcements or events that could impact the price of the coin. It's also important to have a long term investment strategy and not get caught up in short term price fluctuations. Investing in crypto currency can be risky so its important to do your due diligence and invest only what you can afford to lose.
You are correct, however while something like this may seem to be incredibly simple as it can be described in just a few sentences, the amount of work something like this could take is huge, and many newbies never really stop to think if they have what is necessary to do all of that, as finding a single good coin can be an extremely taxing activity, as thousands of coins are released each year and yet only a few of those coins make any kind of significant impact on this market.
That's really something that you need to invest yourself, finding the right assets and knowing the significance on why and how the project will have a superb dominance after some time, there are lots of projects that being created and he chance of one or maybe up to 10 projects to grow and succeed is very slim you really need to take time in sorting it out and try to understand the intention of the project if there's real case usages that will be offered to meet investors expectations and to gain more supports.