Before you buy any cryptocurrency… ask yourself these questions!
In the crypto world, there are thousands of currencies, not every single one is worth chasing.
Before you buy, ask yourself:
What is the project's currency? Is trading/investing in it permissible?
What is the currency's function? Is there a problem it is trying to solve? Or is it just a "trend"?
Who is behind the project? A known team? Do they have experience?
Are there people actually using it? Or is it just trading?
Are there real partnerships? Or just false promises?
What is its legal status? Especially if you want to invest large amounts.
Final advice: Not every cheap currency is an opportunity, and not every expensive one means you missed the boat… The most important thing is to understand, not just to buy.
