Purchase of Cryptocurrency as a long-term investment.

in #cryptocurrency7 years ago


The eternal deputation of choice, the sought-for all, promising coins or tokens, which are worthy of making up an investment portfolio of crypto-assets. Where to start the selection? Here are a few key points:

Capitalization. If the coin on which you paid attention exists already for a relatively long time, then it is worthwhile to find out its volume of capitalization and in what so-called. top it enters - 10,50,100. For this, there are a number of convenient resources that act as aggregators of such information, for example, CoinMarketCap, Coingecko, etc. In fact, the capitalization of a particular crypt is the number of coins multiplied by the wishes of its sellers, but this parameter is a sufficient informative indicator of "trust "Users to a specific crypto activity.

If the coin is so "young", that it is not either that in the tops, but in the lists in general, more detailed analysis is required, using as many different sources as possible. In addition, a certain sense of future assets is very useful, but this only comes with experience.

Collection of crypto-active data. It is necessary to collect, about the crypto currency you are interested in, more basic data:

The most important point is which technologies are the basis for crypto-active - what are they interesting about, what is their usefulness, what are they before the already widespread ones, what are the problems with their specific solution,
when it arose and what prompted its creation;
the composition of the team of this cryptoproject - several people or the company, whether it includes any known in the crypto-message of the person;
the availability and composition of the infrastructure - wallets, services, under what platforms are already working, etc .;
which is now live right now.

If, at least on several items, there is an exhaustive and positive information, this is already a big plus for the candidate in the investment portfolio.

If, however, this is just a complete copy of a number of crypto-assets, without any competitive advantages that may potentially not be able to solve any economic problems - it's a common shchitkoin, with an extremely foggy and, often, sad future.

It is necessary to get acquainted with the parameters of the issue and the mining of the asset. Limited emission and more complicated mining, that is, the more difficult it is to get a coin in the future, the better.

Crypto currency exchange platforms. If a coin is already traded on stock exchanges, then it is necessary to clarify on how many and exactly which areas it is traded on. Then pay attention to the daily trading volume. The larger the number, the larger the stock exchange and the volume of trading, the better. Because, firstly, it is high enough for its liquidity, and secondly, it means that it is in demand and valued, at the moment, the market.

News background and the current opinion of the crypto community. Here the maximum wide coverage of sources is important - profile forums and blogs, search by keywords, etc. A good sign here is the moment when the project team as often as possible gives news to discuss their offspring - entering new markets, partnership agreements, the introduction of new technologies and so on.

Direct application of cryptoactive. A very important parameter. Any cryptoactivity is primarily a financial instrument, so it must have high liquidity. The more opportunities for conversion in other instruments exist for a particular crypto currency, the better. Even better, when it is already possible to pay for goods or services with this crypto currency directly.

These are the moments that you should pay attention to. At what, even if you already own some crypto assets, do not be lazy to ask yourself again the important question "why you did not sell it yet and on something the decision to keep it continues is based". The market of crypto assets is extremely dynamic, therefore what looked promising literally yesterday, today can already demonstrate all the signs of a "dying" and nobody unnecessary, in the future asset. Periodically review your portfolio, based on current market realities.