📚 Lesson 8 of 50
❓ How do you evaluate a crypto project before putting in a penny?
Thousands of coins in the market—and most of them aren’t worth your time. These questions sort the serious from the jokes:
1️⃣ What problem does it solve? If you can’t explain its use in one sentence to your friend—then there’s probably no real use. “It will go up” is not a use.
2️⃣ Is anyone actually using it? Look for numbers: daily transactions, active users, and working apps built on it.
3️⃣ Who’s behind it? A known team with names and history, or anonymous accounts? Anonymous isn’t necessarily a scam—but accountability is harder.
4️⃣ Tokenomics—most important one: What is the final supply? How much are the team and early investors holding? Are there any frozen tokens—when will they be unlocked? A big unlock soon = new supply hitting the market.
5️⃣ What’s the community talking about? Technical discussion and real use = good sign. If it’s all about price talk = risk.
Apply these to any coin you present in “Every Day a Coin”—and you’ll evaluate like a pro.
📌 Summary: Ask: What problem does it solve? Who is actually using it? Who’s behind it? And how are the tokens distributed?—If the answer is weak enough, it’s enough to dismiss it.
📅 New lesson tomorrow—follow us and don’t miss it 🔔
💛 Join Abu Malak’s team: Register on Binance with code ABOMALAK—permanent discount on trading fees, and benefit from our services and offers
#العملات_الرقمية #تعلم_الكريبتو #Binance
⚠️ Educational content — not investment advice
❓ How do you evaluate a crypto project before putting in a penny?
Thousands of coins in the market—and most of them aren’t worth your time. These questions sort the serious from the jokes:
1️⃣ What problem does it solve? If you can’t explain its use in one sentence to your friend—then there’s probably no real use. “It will go up” is not a use.
2️⃣ Is anyone actually using it? Look for numbers: daily transactions, active users, and working apps built on it.
3️⃣ Who’s behind it? A known team with names and history, or anonymous accounts? Anonymous isn’t necessarily a scam—but accountability is harder.
4️⃣ Tokenomics—most important one: What is the final supply? How much are the team and early investors holding? Are there any frozen tokens—when will they be unlocked? A big unlock soon = new supply hitting the market.
5️⃣ What’s the community talking about? Technical discussion and real use = good sign. If it’s all about price talk = risk.
Apply these to any coin you present in “Every Day a Coin”—and you’ll evaluate like a pro.
📌 Summary: Ask: What problem does it solve? Who is actually using it? Who’s behind it? And how are the tokens distributed?—If the answer is weak enough, it’s enough to dismiss it.
📅 New lesson tomorrow—follow us and don’t miss it 🔔
💛 Join Abu Malak’s team: Register on Binance with code ABOMALAK—permanent discount on trading fees, and benefit from our services and offers
#العملات_الرقمية #تعلم_الكريبتو #Binance
⚠️ Educational content — not investment advice
