Dear colleagues,
Recently, I have been faced with all sorts of questions, one of the main ones being the choice of assets and, most importantly, of course, their short-term growth.
I will reveal some little secrets to you.
First: "about the charts", the chart is the result of movements. That is, what you see on the chart is already history. And as you usually look at the charts, you see the same thing in 90% of the cases, either you lose because you didn’t buy or because you did buy. You need the real information that moves the chart up or down. That’s where you should start.
Second: The main things you need to check if you have already chosen or have been offered a project to invest in are as follows:
For a cryptocurrency project, the following key aspects are usually monitored:
1. **Team** – Who is behind the project, their reputation, and experience.
2. **Technology** – What it offers (blockchain, token, application), uniqueness, and technical feasibility.
3. **Tokenomics** – Distribution of tokens, total issuance, inflation/deflation.
4. **Market performance** – Price, trading volume, market capitalization.
5. **Community and marketing** – Activity on social media, support from users.
6. **Roadmap** – Goals, stages of development, and execution.
7. **Partnerships** – Collaborations with other companies or projects.
8. **Regulation and security** – Compliance with laws and protection against hacks.
9. ***Overall state of the global economy***.
10. ***Political situation***.
These 10 points are essential; they can provide a real insight, and on this basis, you can continue to inform yourself and monitor where and for what you are spending your money.
Guessing beans, coffee, going to a fortune teller, and looking at the charts will not help you.
These are the main indicators that investors and enthusiasts monitor to assess the potential and reliability of the project.
