I really don't have the idea of how to buy a good coin. But most times I buy mostly on a friend's advice. Buying crypto coins can be a challenge and it is not easy to know the right one.
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By looking at the performance of the coin over time is a good way to know whether to buy a coin or not,then the capitalisation and volume s also another factor.And then the perception among investors.For the coins to buy or sell, I look at its trend, trade value and people's opinions.
Is there a specific site or place you use in finding out this information or do you just ask around and make random research both offline and online? I would like to know if you don't mindI simply check the demand for the cryptocurrency before I buy it. When the demand is too high I am going to back off and look for another cryptocurrency to buy. I like to buy when the demand for a cryptocurrency is low.
You very correct all the above must be considered before buying cryptocurrency. Most important the history and trade volume. The should well known coin and listed on cryptocurrency exchanged platforms.If it is a new coin obviously it won't have history but you just need to know more about the history and successful projects carried by the company behind it and of it is already existing coins check out the trade volume, market cap and price trend
Social media might be a confusing place to get information about how to trade or invest in the crypto currency market seeing the diverse kinds of duo personalities we have online who do differently from what they post online.you should have a vision about the history of this crypto, also it's better to ask different people everywhere (forums, social media..).