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Questions to ask yourself before investing in crypto🙃
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Questions to ask yourself before investing in crypto🙃
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.
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9 Replies
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we actually need to do all this
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Im glad we are seeing meaning to all these information
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sometimes we rush into things without good background knowlege
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Yesso
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people tend to loose money because of rush to make quick money so this tip is really essential
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Honestly, in this crypto space, we must carry out due diligence and thorough research on any project..
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I agree with you
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Say no more
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This questions are very relevant
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