Post
Topic
Board Altcoin Discussion
Re: Understanding cryptocurrencies and investment.
by
jossiel
on 23/08/2023, 19:37:20 UTC
in my opinion, Consider the market capitalization and trading volume of the altcoin. Higher liquidity makes it easier to buy and sell, and a substantial market cap might indicate a more established project.
That is the easiest way to determine if a coin is easy to trade and you can dump the token or coin you own if it's like that.

While many investors understand what meme coins are. Still, they're buying it and they're not really after the coin but after on what's with that coin currently.

And that's with the trend and hype it makes.