Before buying any coin, buy by looking at 5 good points,
Assalamu Alaikum
| - 1. MarketCap |
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Ranking of that coin is done by determining the amount of marketcap, a coin having more marketcap means that coin is one step ahead!
Marketcap is the full value of the project, the more investors come, the more marketcap will increase, the more coins will be sold, the more marketcap will decrease!
If the market cap is very good, the project will go much further!
Because Big Big Buyer thinks about investing by looking at MarketCap first!
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| - 2. Use cases |
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A use case is needed to move a coin up day after day!
What is Usecase? As we all own Telegram's own coin TON,
The amount of performance we have seen in this coin in the last 1 year, but it was not so much performed 1 year ago, Telegram has Premium Subscription feature. When we trade tokens of various blockchains, we need real coins of that Blockchain, Gas fee, and it consumes a lot day after day and keeps pumping coins!
| - 3. Investors |
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Investors means partnership with the coin, when a new coin comes to the market, or plans to come to the market, big companies make that project partnership, they make an amount of investment, for example, if a project is done by Binance Partnership, then that project investment No one will be afraid to do it, because what are we afraid of where Binance has partnered!
Have to see if there is a partnership with such a big company!
| - 4. Holder |
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Long Time Holder is the only way to move a coin up.
And if you want that Holder, you can find out from Coinmarketcap how many Holders the coin has!
| - 5. Coin Supply & Unlock |
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It is very important to see the amount of supply of coins because if there is a large amount of supply, that coin does not have a good price.
The lower the supply of coins, the better for the coins, and note the Unlock Dates, and how much they are unlocking!
There are various coins in the market, because of unlocking a large number of coins, it is very difficult to touch them all time high, now they are being downloaded day after day!
Take a look at the Jasmy coin for example,
Hope you all understand! Ending here today, everyone be well and stay healthy, Allah-Hafez,
Thanks for sharing this wonderful concept about buying new or old coin. It helps people to before buying coins from the market. The main thing is investment timeing.
Thanks for sharing this vital information with us ,it is really necessary to do technical analysis before buying a coin
Thanks for explaining these five points in such detail.
I think the 5 points you mentioned here are very important, especially for those who are new to the cryptomarket and want to invest in this bullrun. I learned something new from reading your post which makes me happy and I will try to remember your instructions next time.
Thank you very much for taking your valuable time to read the post
Great educative article, I will be sure to look into all these before jumping into any coin.
Thank you very much for the nice comment
Hi @rakib078,
Please promote your content on Twitter. It's a mandatory rule of our community. So, you should follow it.
I hope you will follow this instruction from your next post.
Thanks.
I didn't know about this rule before, I will try to follow this rule from now on
It's an informative post. I look forward to more good articles from you in the future. thank you so much brother.
Thank you very much for reading my entire post
Brother has posted a very nice topic. All of us should follow these points before buying any coin. Then we will not lose.