Hello,
How do we determine if a coin or token is suitable for investment? For example, trading volume, total supply, number of holders, etc.
Please be very brief.
Thank you.
Yes, all the things you mentioned are necessary, but I often do this to make it easier and reduce the risk in making long-term investments, most commonly known as the term bears and bulls season. I always choose the top 10 or 5 coins on coinmarketcap and most importantly choose altcoins that follow the price movement of bitcoin