How to Improve Crypto Analysis for Beginners?
Many of my friends here are still in the learning stage or can be called beginners. Indeed, for beginners, some things and terms are quite confusing when starting to learn. So, what can beginners do to improve their analysis?
#1 Learn Blockchain Technology.
Before jumping into the market and looking for money, first learn what blockchain technology is. How it works and why it is needed. Many beginners want to jump in and make money but do not understand cryptocurrency technology in depth.
#2 Learn All Sectors.
In the crypto market, the existing assets are not only Bitcoin, but there are many Altcoins in different sectors. Learn each sector and what its function is to be able to take advantage of the benefits.
#3 Try to Learn to Know "The Backer".
Try to find out who is behind each project. We can find out the origin of the founder by looking at various previous interviews and profiles on their likendin which show what they have done.
#4 Fundamental Does Matters.
In the current situation where there are too many assets in the market, studying the fundamentals is key. By knowing the fundamentals well, we will know which projects will stand out and become winners in the market.