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RE: How to Find Cryptocurrency Assets - that will Succeed - Before They are Popular

in #steem7 years ago

Hey @gold84, thanks for the mention in this post!

You have a lot of great insight and research here, nice job!

One thing to "be careful" of when investing in Crypto it to know what you are actually investing in. Is there a "real" business behind the token or is this just air?

I like to stay away from the air plays and focus on companies, some mentioned above, that are real businesses that I see have potential to be disrupters in the block-chain arena.

So really, it's investing in fundamentals.

That's not to say that you can't make money on the hype of some of the tokens, but you don't want to be the one left holding the bag when it deflates. This is what happened to many people in the dot com boom and bust.

Another point is that when you are speculating, and not just investing, use only money you can afford to lose. Don't use your rent money!! Too many people have lost everything when they don't control their risk and only risk money you can afford to lose or have take much longer to grow than expected.

There's a LOT of money to be made in Crypto, just be careful out there.

I upvote all comments and replies to all of my posts to help my fellow Steemians earn Steemit rewards and more voting power. Please do the same. :)

Upvoted and resteemed.

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