When you invest in any project in Crypto what did you look before investing?
I have checked:
Team
What are they offering?
What solutions they are providing?
What milestone have they achieved in the past?
Have they completed any promise?
Community
Social media research
Those are the point I checked before investing in any project.
Did I leave anything?
Also, What is the coins or tokens that are good right now? What are you HODL? Explain why you choose that?
Personally I invest in Phore, Chainlink, and LTC. Phore and Chainlink for my Defi craze and LTC and Bitcoin are my other bags.
What's your thought?
#Bitcoin #Binanace #Phore #Chainlink #Litcoin #Ethereum #Ripple #Defi #Blockchain #Crypto
I do assess each new project thoroughly and try to check all factors before giving it a go ahead but to be honest there are no guarantees, there have been projects that scored highly while assesment but still failed in the end. So basically we should know that all investements are risky so we need to be very careful about where we are investing.