Post
Topic
Board Economics
Re: what should consider before investing in a coin?
by
Blockfolioz
on 28/02/2019, 17:04:48 UTC
There are many things that need to be consider if will start investing in a coin. First is look how good the coin is and if how strong their platform and structure. Second, check if the coin have great potential in the future and lastly check the coin in there are a lot of investors who will invest in that coin.
right what you say in your opinion is one of the ways to invest in crypto currency choosing the right coin for me the most important thing is our conviction and patience in starting an investment with crypto currency and making a profit from its investment

You really have to be sure and have high patience to see prices going back well and you have to learn more about the kind of coins that are good for investing in the future.
From my personal experience it is good to find the coin with good trading volume. This will let the user get a good idea about the respective coins growth over the period through the chart. Because there are coins that show high pumping but there won't be good trading support from the team through exchanges which makes our investments worthless.