Post
Topic
Board Altcoin Discussion
Re: how to invest safely in cryptocurrency?
by
adaora2323
on 16/10/2019, 19:14:39 UTC
if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.


I chime with your number 3. Nothing gives so much confidence about a project than when the team keeps a steady and healthy updates of the project development.