Post
Topic
Board Altcoin Discussion
Re: Do your research before investing in ICOs
by
onchoys
on 02/05/2019, 08:12:10 UTC
Carefully reading the concept of the project is sometimes not enough to predict whether the coin will be successful. I had a case when everything was cool and the concept, and the team talked, answered all the questions, and then everything turned downside. The project was merged very quickly. The team should provide a clear idea of how they are going to maintain the value of the token.
Predicting how cryptocurrency will lead, even for experienced traders, is a challenge. Therefore, a certain one recipe cannot exist, otherwise we would all have been enriched. So constant self-education and monitoring of the situation will help keep you alert
It may sound strange, but we must not forget about intuition. I like that on taklimakan site I can immediately see the news, analysis of the cryptocurrency market and expert predictions. It is convenient that everything is in the same place. But I also always fundamentally evaluate the project, what changes have been made and how they can influence the price of cryptocurrency. When you analyze the concepts of many projects, luck and failure, you begin to subconsciously make your prediction