Investing in crypto currencies can be a tricky thing

in cryptocurrencies •  7 years ago 

Investing in crypto currencies can be a tricky thing. It's can be a tricky thing for many reasons. There are all kinds of ways to lose your investment.

  • not having enough knowledge and throwing it away yourself

Making a transaction the wrong way can result in losing The crypto he was trying to send.

  • you picked the wrong crypto

It could be that the crypto you picked isn't a winner. Maybe you chose it for the wrong reasons because everyone was talking about it and it was going up rapidly. Or maybe the technique doesn't work, or the team falls apart. Or do you get out performaned by a competitor.

When picking a winner I think you should pay attention to at least the following things:

  • The team
  • The idea
  • The current state of development
  • potential marketcap
  • potential mainstream adoption
  • what problem or future problem is it solving, will this problem also be a problem in the future?
  • their roadmap

For me Iota is going to be a winner. So I picked Iota for myself. Do your own research and see what crypto will be a winner in your opinion:)

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