Do repost and rate:
If you’re wondering which cryptocurrency is the best investment, here are some things to keep in mind (list not exhaustive):
- Look out for Good Technology and High Security coins.
- The speed at which transactions are completed and the associated fees.
- Consider the years in development and price history.
- Percentage of top 100 wallet holders and their average hold time (coinmarketcap)
- Prefer low market cap coins/token, preferably less than $10 billion.
- Consider maximum supply of coins and its inflation rate
- The ability to use those coins for everyday uses like regular purchases and bank transfers.
- Listing at popular exchanges which supports more buyers.
- Consider if the ticker symbol is catchy.
- Look out for recent dips to buy some.
Cryptocurrency isn’t a get rich scheme, consider HODLing for long term.
Disclaimer: Before investing your money into a particular project, make sure you DO YOUR OWN RESEARCH.The article is intended for informational purposes only and should not be considered as investment advice. All the prices and data referenced in this article were recorded on Jun 1, 2021.
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