What kinds of crypto currency are better for beginners? - Page 5
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Thread: What kinds of crypto currency are better for beginners?

  1. #41
    Crypto trading is something between equity and Forex trading. That is why we have to use appropriate approaches if we want to figure out cryptocurrencies which would be better for the beginners. But first we have to define what we are looking for since the criteria may differ depending on particular situation. For example, is we looking for best coins for daytrading, we should pay attention to average daily volume and liquidity - it should be easy to open and close positions even operating with relatively large volume. It is also important to pay attention to volatility. This issue is a bit complicated: volatility should not be too elevated othervise it would be difficult for the beginners to trade it, but it shouldn`t be too weak to - in such case there would be no trending movements to make profit by intraday trading.
    If we are looking for swing trading opportunity which in fact is short-term investment, we have to pay attention to numerous details and the whole process comes close ot fundamental analysis of stocks. In such case coins (tokens) act as something like shares (stocks), so we are making investment in the company itself when buying its tokens. The properly performed analysis should cover the following issues:
    - The team - in fact, it is the msot important part of any project. Make sure there are no bad actors and there are enough qualified specialists in their spheres to be able to launch the project.
    - Regulation - check all the licenses. While performing an ICO the company should be registered with SEC since the ICO deemed to be security offering. If these coins are utility tokens used to pay for the services the company offers, make sure it complies with all applicable regulations.
    - The idea - read carefully the Whitepaper of the project and find out what it is about, whether it creates any additional value for the customers. Ask yourself - is it possible to do the same without blockchain? If yes, this project don`t worth yuor attention (in most of the cases).

    This list is not exhaustive anyway, so you can pay attention to any other details you find important to ensure that certain coin could be interesting as an investment.

  2. #42

    Thanks to all

    Actually, I'm newbie in the world of crypto currency but now I'm confident this forum will help me. Thanks for all the information, will help me a lot in future.

  3. #43
    Quote Originally Posted by fraz View Post

    Crypto currencies online digital currencies and world famous and popular currencies and investors invest in these crypto currencies for earning profit in future.
    We can easily check online crypto currencies information on website coinmarketcap and we can see daily new crypto currencies added in market yet 1575 cryptocurrency added in 10451 markets.

    Profitable and suitable cryptocurrency for beginners:

    I also beginner and I have good interest in cryptocurrency and make research in crypto currencies and in my opinion these crytpcurrencies are good and suitable for begginer are given below:

    1.Biticoin :

    Bitcoin first cryptocurrency in digital market and everyone know about bitcoin and bitcoin famous and popular no.1 crypto currency I suggest for beginners investment in bitcoin and wait for some time period and bitcoin give good profit in future.

    2.Rippe :

    Ripple coin in end of Year 2017 and start of Year 2018 in No.2 crypto currency in world. Ripple coin safe and secure coin and banks make interest for use of Ripple coin I suggest to beginners make investment now in Ripple. Ripple coin connected with international banks, payment providers, digital asset exchanges and corporates connected to RippleNet to provide one frictionless experience to send money globally. And ripple coin this time great investment opportunity for beginners investors and beginners investment in ripple and make huge profit in future.

    3.Litecoin :

    Litecoin hard and strong crypto currency and global decentralized currency in world and now time good opportunity for beginners to investment in litecoin because now litecoin price low and beginners invest and beginners make huge profit after few month.


    Stellar have good platform that connected with banks, payments systems, and people. Move of money across border and send remittance in globaly quickly, reliably, and at almost no cost. Stellar have mobile branches and micropayments system too. Setellar price $0.35 and good opportunity for beginners investors to investment in Settellar and wait for some timer period and earn good return in future.

    Other some good crypto currency listed below for good profit in future.

    Dogecoin old crypto currency and dogecoin yet not move up price and this time is good for beginners make investment in dogecoin and earn good return profit in future with their dogecoin investment.

    6. Litecoin Cash :

    Litecoin cash new profit coin of litecoin and I suggest for investment in litecoin cash and litecoin now price is very low and in future we see litecoin price above $10-$20. I suggest for buying the litecoin cash now and we gain good return from litecoin cash in futrue.

    7.Cindicator :
    Cinidicator coin specially for forex traders and crypto trades and Cindicator system works with predictive analytics, data, and market indicators to support traditional and crypto financial market analysis. Now cindicator rate is low and good time for investment.



    10. First Coin

    I try to add more information about these currencies. Beginners invest in top 10 rank cryptocurrency
    hello brother..
    i think bitcoin is number one to be invest next time , cause prized from bitcoin so fluk to active maybe 2020 bitcoin go to moon on 15.000usd .

  4. #44
    Bitcoin is really not bad…though there are other cryptocurrencies y can try!
    Remember the most important rule: don’t trust any crypto blindly! Check its site, read the feedback, follow the crypto news.

  5. #45
    Registered user
    Join Date
    Sep 2019
    I became interested in trading bitcoins

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