đ¨ 95% OF CRYPTO BEGINNERS MAKE THE SAME MISTAKE
They look at a coinâs price and think:
âIf BTC is $100,000, itâs expensive. If a token costs $0.01, itâs cheap.â
But thatâs NOT how it works. đ
The price of one token means almost nothing without looking at its Market Cap.
For example:
đŞ Coin A â $0.01
đš 100 billion tokens in circulation
âĄď¸ Market Cap = $1B
đŞ Coin B â $1,000
đš 1 million tokens in circulation
âĄď¸ Market Cap = $1B
Both projects have the same market cap, even though their token prices are 100,000x different.
Before buying a new token, Iâd always check at least these 5 things:
1ď¸âŁ Market Cap
2ď¸âŁ Circulating Supply
3ď¸âŁ Total / Max Supply
4ď¸âŁ Token Unlocks đ
5ď¸âŁ Real Trading Volume đ
â ď¸ And remember:
A low token price does NOT mean a token has huge potential.
A $0.001 token isnât automatically more likely to do a 100x than BTC.
Now Iâm curious đ
What do YOU check first before buying a new crypto?
đ° Market Cap
đ Chart
đ Token Unlocks
đĽ Team & Investors
đĽ Or whatever is trending?
Drop your answer in the comments đ
#Crypto #Binance #Bitcoin #Altcoins #CryptoEducation #Trading
They look at a coinâs price and think:
âIf BTC is $100,000, itâs expensive. If a token costs $0.01, itâs cheap.â
But thatâs NOT how it works. đ
The price of one token means almost nothing without looking at its Market Cap.
For example:
đŞ Coin A â $0.01
đš 100 billion tokens in circulation
âĄď¸ Market Cap = $1B
đŞ Coin B â $1,000
đš 1 million tokens in circulation
âĄď¸ Market Cap = $1B
Both projects have the same market cap, even though their token prices are 100,000x different.
Before buying a new token, Iâd always check at least these 5 things:
1ď¸âŁ Market Cap
2ď¸âŁ Circulating Supply
3ď¸âŁ Total / Max Supply
4ď¸âŁ Token Unlocks đ
5ď¸âŁ Real Trading Volume đ
â ď¸ And remember:
A low token price does NOT mean a token has huge potential.
A $0.001 token isnât automatically more likely to do a 100x than BTC.
Now Iâm curious đ
What do YOU check first before buying a new crypto?
đ° Market Cap
đ Chart
đ Token Unlocks
đĽ Team & Investors
đĽ Or whatever is trending?
Drop your answer in the comments đ
#Crypto #Binance #Bitcoin #Altcoins #CryptoEducation #Trading