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Beginners often focus on the price of the coin. And this is one of the most common mistakes.
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Why?
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1⃣ Low price ≠ cheap
A coin priced at $0.01 can have a huge supply. So 'cheap' does not mean 'growth potential'.
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2⃣ Look at the market capitalization
It is important to understand how much money has already been invested in the asset. Market capitalization provides a more accurate picture than the price of one coin.
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3⃣ Study the company and team
Check the project's website, social media, documents - if something raises concerns, it's better not to take the risk.
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4⃣ Study the Token Development Roadmap
If the website of the company that issued the token does not have a development roadmap for the project and token - it's a reason to think.
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5⃣ Liquidity and Volumes
A good coin is not just an idea, but an active market where you can quickly buy and sell.
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📌 Conclusion: evaluate the asset comprehensively, not just by the number in the 'Price' column.
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*Tokens are not a means of payment, are not government-backed, and acquiring tokens can lead to a complete loss of funds and other civil rights objects exchanged for tokens (including as a result of token price volatility; technical failures (errors); illegal actions, including theft).
