Best criteria to invest in a cryptocurrency

1- Launch date:

It's very risky to invest in new currencies, especially if they are new because you don't know what will happen to them and how much they will last. After seeing what is happening in the market, when currencies grow by more than 1000 % in just a few days, and go down, and after that cost almost nothing - we understand that the market is speculated. People are doing pump and dump using aggressive advertisements on the web to show you that the currency is special, but in fact they just want to earn good money using the public. So it's better to invest in an old stable currency than in the new one.

2- Community:

If you see a lot of news about the currency and you see that the team making it popular for a long time, and if you find the updated information in the most famous social network - then it's definitely a good coin to invest in. You can note that the bigger community of the coin is, the better possiblity it has to grow or be stable in the price.

3- Market capitalization:

The more people invest in a coin, the better future it will have. Because investors will not spend money in something that has no perspective. If you want a long term investment to earn good money, you'd better choose the currencies with a bigger market capitalization. Usually that kind of cryptocurrencies are the best ones to invest in.

4- Uniqueness:

If the coin is made to solve some problems for people, and that kind of solution is unique, then this currency has to have a very good potential to grow. People always like special things to use, so you have to know what the purpose of creating the currency is in order to understand if it will be useful or not. Avoid the currencies that use the same purposes used by the famous currencies. Look for something special, something new.

5- Developer team:

Of course it's very important to know about people who created the currency. What they represent, who they are and what they created before. Find as much information as you can about them: are they trusted, do they have a good history or not? Even try to contact them, if the team is good they have to have a good support as well.

If you know more good criteria to invest in a cryptocurrency you can share them in the comments. The more criteria we know, the more possibility we have to gain good money from that and use the best cryptocurrency for the purpose it was made for.

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