The 3 Things to Look at When Investing in Cryptocurrency

in senoa •  3 years ago 

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So, you are thinking about getting into cryptocurrency or already have invested and want to know what is the next best crypto to invest in.

You heard that some are “going to the moon”.

That is great and some are but remember. Every astronaut that went to the moon came back down.

How then do you find the right ones to invest it? Here are 3 important things to consider.

#1 Transparency: If its not bitcoin you need to know who is behind the token or coin. Why would you invest in something if you do not know who is behind it. The person could be a scammer or an idiot or someone with evil intentions like ISIS, Facebook or Goldman Sachs.

Does the tokens website list who are the people on their team? If not it probably is better to pass.

#2 Tokenomics: Deflationary tokens generally are the best because they strategically bring down the supply making the value of your investment go up. There though is a catch and it keeps being repeated by the many tokens being launched.

Why do they start with 1 quadrillion? Most cannot tell you how many zeros that is. It’s a number with no value, pulled out of thin air or simply copied by many. The other things which makes no sense is some tokens say they will burn 15% before the sale.

If you have no investors and you burn 15% you have done nothing for them. This is totally backwards and only takes one artificial number and creates another one of no value to anyone but the people who started it.

#3 Utility: So you found a token and its going up in value. Fantastic. Now what?

If it does not have a utility value it will not stay up and the moment the cheer leading stops, just like a balloon that loses its hot air, it will come down.

You should look at what real value it has-does it connect to any real assets? Will it ever be able to be used to buy anything?

At Senoa we have addressed these questions. We are totally transparent and on our website you can see our team members.

We start with 1 trillion tokens and burn after the presale which adds value for you.

Importantly we have created a way for merchants to be able to accept our tokens without the worry of crypto volatility through a settlement pool. We are the first to do this and its a cyrptocurrency game changer.

Lastly we will purchase real world assets like gold , digital art and real estate which provides fractional ownership for our token holders.

Does your token do that?

We all love the crypto industry and its time to take it serious now because the governments and regulators are. We need to show them we are about serious change to the financial system not just get rich quick.

Interested in more check out:

Website: https://senoa.me/

Telegram: https://t.me/senoacoin

Reddit: https://www.reedit.com/r/senoacoin/

Twitter: https://twitter.com/SenoaCoin

Facebook: https://www.facebook.com/senoacoin

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