Currently working on a web application that will help cryptocurrency traders with what cryptocurrencies to buy and how to allocate between each cryptocurrency. But before I start building, I would like to really understand your workflow (e.g you discover a coin through a friend, check market cap, buy) and what web applications you use to assist you buying and allocating cryptocurrencies.
Thank you in advance I'm hoping to create something that will really help you out in the future!
I research the project and its future prospects. Maximum supply of coins/tokens, the development team, their marketing, their technology (whitepaper) and what they attempt to solve are all important factors in a project's success. I then usually do market analysis. I look at the volume, current price, past price trends and what other people are saying about the coin/token on various threads. It's good to have an image of the crowd's general thought.