New to crypto investing? How to Invest in Crypto Guide for beginners from Non-Greedy Crypto Investor

Hello crypto buddies,

Non-Greedy Crypto Investor here and today I want to share with you my guidelines for analyzing a cryptocurrency. This is aimed at new crypto investors to help get you started. I'll be brief so leave any questions and discussions in the comment section and I'll elaborate further if needed. As my name implies, I'm an investor in this space and I'm not here to get rich quick nor pump and dump. I believe in blockchain and I'm invested in cryptocurrencies that'll create real value for society--and ultimately for the investors.

Here we go!

1. Find your coin at www.coinmarketcap.com
   1. Good source for price. market cap, trading volume, and total/circulating supply
   2. Also has links to main website, source code, GitHub, etc.
      
2. Read the white paper
   1. This is the gold standard source for understanding your coin
   2. You don’t need to understand the technical part (for programmers) but at least understand what problem(s) the coin is trying to solve and make sure it’s doable, solid, novel, and innovative.
3. Research on the team
   1. Background (education, credentials, etc.)and experience
   2. Are they committed, passionate, and engaged?
   3. Find some youtube videos of the team members talking about their crypto (to see their passion/understanding)
      
4. Research on the community
   1. Watch at least a few videos on Youtube about your coin from different people and perspectives (see why people like it and why they hate it)
   2. Browse through the coin’s social media: Twitter, Reddit, Telegram channel, Slack, etc.
   3. Check the coin’s GitHub activities (make sure that there are a lot of activities on here)
      
5. Check your coin’s rating on www.coincheckup.com
   1. Use their rating to validate your own analysis
      
6. Review roadmap
   1. Make sure they have a long-term plan (with projections and deadlines)
   2. Are they meeting their plan?
      

Done! That should give you a good framework to start with. By now you should have a good sense of whether or not you've found a worthwhile crypto to invest in.

Before you pull the trigger, ask yourself do you clearly understand what the coin is trying to do?
Do you understand the risk? Are you comfortable putting your money in the hands of the team?
Are there similar coins? If so, is this the best (consider the opportunity cost)?

Hopefully, this helped you! Anything I miss? Thoughts? Feedback welcomed.

Cheers!
Non-Greedy Crypto Investor
Hive account@dandida

Disclosure: I am not a financial advisor nor am I advising you to do anything. Please do your own research. These activities involve risks, including the loss of all your money. Tread carefully at your own risk.