7 Steps Before You Invest in Cryptocurrency

in #investing7 years ago

7 Steps Before You Invest in Cryptocurrency

  1. Does the coin have utility value that stands apart from BTC and ETH? Check on coinmarketcap .com

  2. Does the coin have a market cap > 8 figures. Look for market cap $1000,000,000+? Check on coinmarketcap .com

  3. What is buy/sell activity on the over the past 24 hours? Check on coinmarketcap .com

  4. Does the coin have a truly professional looking website.

  5. Check news on Reddit .com for legitimacy and its founders.

  6. Check future price news on google .com

  7. What is the current price of your favorite coin/token CoinMarketCap .com