How do I evaluate any cryptocurrency project? 3 steps I always use
One of the most common questions I receive: "Is this project excellent? Should I buy or not?"
I started using 3 simple steps before I decide:
1. The idea and problem-solving:
Does the project offer something new or solve a real problem?
Or is it just a copy of another?
2. The team and partners:
Who are the founders? Do they have a known track record in the field?
Are there any major supporters or companies involved with them?
3. Presence on Binance or major platforms:
Projects that reach Binance often undergo strong filtering.
If a project was launched on Launchpad or Launchpool… it’s likely worth following!
Note:
This is my personal opinion, not investment advice.
If I’d like to share with you a new project I’ve been monitoring for a while,
please like, and write in the comments "Interested"
And if I see interaction, I’ll post all the details in the next post!