Disclaimer: I am NOT a financial advisor, and none of this advice should be taken without speaking to a qualified professional first. Further, do NOT invest more than you’re willing to lose, and do your own research first.
Now a day you see a lot of ICO token flooding the crypto market. There are tons of them , how do you analyse which is the one you need to consider or invest your time and money? i recommend you do a lot of research before you select the token to invest in
first you should have a bitcoin wallet and also a ether address buy and store your tokens.
Im here by going to highlight and listed a few points to look into for your portfolio
- Look upon Coinmarketcap.com : price pattern - total supply
- Read the white paper : read the road map - check if it is POW / POS - Algorithm type - Transaction time - developing team
- Join the community : telegram group - facebook page - twitter page - check how well they are interacting with the public - suscribe for youtube channels.
- Google yourself for more info on the particular token , the value it is going to bring to the society and how the future can be benefited with the particular token.
- Do a technical and feasibility study of the sector, niche and company involved with the token project
keep on doing your own analysis along with other expert opinion , consult with other crypto lovers
and finally select your tokens accordingly
final advice - do not put all your eggs in 1 basket - diversify and take wise decisions
may your tokens flourish and you achieve your goals investing in tokens
regards