✅ MY SIMPLE CRYPTO CHECKLIST BEFORE BUYING
Before putting money into a new cryptocurrency, I would want answers to these questions:
1️⃣ What does the project do?
2️⃣ Why does the token need to exist?
3️⃣ What is the circulating supply?
4️⃣ What is the total supply?
5️⃣ What is the market cap?
6️⃣ Who is building the project?
7️⃣ What risks could cause the project to fail?
8️⃣ Where did I get my information?
9️⃣ Am I buying because of research or FOMO?
🔟 Can I afford the risk?
You don't need a complicated strategy to start learning about crypto.
Sometimes, simply asking better questions can make a huge difference.
📚 Research > Hype
What would you add to this checklist? 👇
#CryptoBeginners #cryptoeducation #BinanceSquare #bitcoin #altcoins
Before putting money into a new cryptocurrency, I would want answers to these questions:
1️⃣ What does the project do?
2️⃣ Why does the token need to exist?
3️⃣ What is the circulating supply?
4️⃣ What is the total supply?
5️⃣ What is the market cap?
6️⃣ Who is building the project?
7️⃣ What risks could cause the project to fail?
8️⃣ Where did I get my information?
9️⃣ Am I buying because of research or FOMO?
🔟 Can I afford the risk?
You don't need a complicated strategy to start learning about crypto.
Sometimes, simply asking better questions can make a huge difference.
📚 Research > Hype
What would you add to this checklist? 👇
#CryptoBeginners #cryptoeducation #BinanceSquare #bitcoin #altcoins