Questions to ask yourself before investing in crypto🙃

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  • #1714

    Ibifubara
    Participant
    193 Points

    When people tell you to DO YOUR OWN RESEARCH. what are the things to do?

    It’s simple. Just ask the right questions.

    1. The background questions: Who is the team behind the token?”, “When was the project created?”, “Do they have a community? if so, how big is it, and what is the quality of their conversations?

    2. The quantitative questions: such as, “how many coins are in circulation?”, “what is the holder distribution like?

    3. Value-driven questions: These are majorly on their website. Here, look out for the quality (“are they using stock images or actual images of themselves and their team?”), their product roadmap (“do they have a clear goal? Is their roadmap realistic?”), and their core values (“are they trying to solve a problem and what is the use case?”) because the projects that last tend to be the ones that address a need, however niche.

  • Questions to ask yourself before investing in crypto🙃

    David updated 2 months ago 3 Members · 9 Replies
  • Daniel

    Member
    19 August 2022 at 11:39 pm
    2462 Points

    we actually need to do all this

    • Ibifubara

      Member
      20 August 2022 at 12:39 am
      193 Points

      Im glad we are seeing meaning to all these information

  • Daniel

    Member
    19 August 2022 at 11:40 pm
    2462 Points

    sometimes we rush into things without good background knowlege

    • Ibifubara

      Member
      20 August 2022 at 12:34 am
      193 Points

      Yesso

  • Daniel

    Member
    19 August 2022 at 11:41 pm
    2462 Points

    people tend to loose money because of rush to make quick money so this tip is really essential

  • Ibifubara

    Member
    20 August 2022 at 12:35 am
    193 Points

    Honestly, in this crypto space, we must carry out due diligence and thorough research on any project..

    • Daniel

      Member
      21 August 2022 at 8:04 am
      2462 Points

      I agree with you

  • David

    Member
    13 September 2022 at 2:37 pm
    4481 Points

    Say no more

  • David

    Member
    26 September 2022 at 6:31 pm
    4481 Points

    This questions are very relevant

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