So, I was looking for some altcoins to invest in and many experts here advised me to do my research before investing in any new coin. In fact, most people to whom I asked advice in this regard told me to thoroughly research a new coin before investing in it. Fair enough. So, now my question is how exactly I do that.
I was reading online and found a few blogs that talk about the factors to consider while evaluating a new cryptocurrency or project. Factors that include research on Crypto coin based on a number of things such as the purpose, use of blockchain, coin economics, usage, team, etc.
Is there anything else that I should be looking for or are these the only factors to consider?
I challenge you to research these coins according to your factors:- Tezos (XTZ) (Check on coinmarketcap)
- ThoreCoin (THR) (Check on coinmarketcap)
- Titan Coin (TTN) (Check on coinmarketcap)
- Binance Coin (BNB) (Check on coinmarketcap)
- Bytom (BTM) (Check on coinmarketcap)
Let's see who have the best and relevant researching skills in the crypto market.