1. Look for cryptocurrency at a price of less than one dollar
That is important for several reasons. One is that prices under one dollar create the illusion that cryptocurrency is "cheap," especially for investors with little funds to invest. Smaller amounts can be easier to get double and triple that of a larger number. and That proved to be more systemic in gaining profits. Where we have seen in the trade of several decimal cryptocurrencies behind zero. Like RubleBit, which traded at 0.038, up 522% in the past seven days. And CYDER, which traded at 0.082, rose 7.412%. outside get used to not ... ??
2. Check the cryptocurrency website to rate the most promising coins
In terms of checking their potential to be adopted as our chosen coin, this method can be used to estimate the "intrinsic" value of each coin, after reaching a certain adoption level, using the quantity theory of money.
3. Check Reddit to find out which coins have the
Reddit Community consisting of "innovators" and "early adopters." Although small, this group helps spread buzz to the larger "initial majority," and creates demand for the coins.
4. See cryptocurrency from Supply versus and maximum supply
For obvious reasons: crypto is likely to increase with increasing demand, because the fewer coins that are supplied, chances are that prices will also increase.
5. Check cryptocurrency charts and price charts.
You should consider cryptocurrency with price charts and volume increases, because this type is the confirmation of momentum for all types of cryptocurrency. Of course, this method must be done very carefully. Investing in hype and not fundamentals, cryptocurrency is a very risky game, because it's hard to predict when hype will fade, and coins will be worthless.