How to identify profitable cryptocurrency for investment? Expert's answer
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The investor and the trader under the name Davincij15, published a new system of evaluation of potential altcoins. In his opinion, the criteria should form the basis of fundamental analysis any novice player in the market. Immense popularity in cryptocommunist Davincij15 has received after the viral distribution of its own video about the advantages and disadvantages , which was first published in 2011.
How to find profitable cryptocurrency
Note that at the time of publication live Bitcoin trading somewhere in the area of 9.57 USD. At the beginning of 2011, the price of the coins amounted to only 0.3 per dollar in July BTC jumped to 15.4 per dollar.
Published Davincij15 document has three sections. The first part describes the General principles of the classification of cryptocurrencies into four grade. In the second part, the investor discloses a rating system of each cryptocurrency. The third section contains basic tips for successful trading. So, how to determine what rank is your Aldon?
1st rank
The Coin should be in the top 25 ranking by market capitalization and excluding tablconv. The project should not be centralized. Finally, he must have a solid marketing and advertising.
This section include a top coins like Bitcoin , and .
2nd grade
These cryptocurrencies have strong community support and good developers, but they lack of marketing. Projects of the second rank quite interesting and don't copy a Bitcoin. Another criterion for listing at least five exchanges.
Here it can be attributed .
3rd grade
These crypto you have developers, but their activity is almost zero, that is, in the Github updates yet. Altcoins whose market capitalization fell below $ 10 million, but they still traded for at least three exchanges.
As an example, Davincij15 has classified in this category .
4th grade
«Dead» blackany without a team of developers and support community. Such coins are traded on an unknown exchange and their market capitalization does not exceed $ 1 million.
Apparently, to the 4-grade classification can be assigned a large part of digital assets of the stock market.
Note that Davincij15 still working on the final option that describes its assessment system. If you have your own methods to determine profitable altcoins, share them in our .
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