Hello everyone,
I'm new to investing in altcoins and I'm looking to do some due diligence before investing in one. I'm wondering what steps I should take to ensure that I'm making a smart decision?
I've read that it's important to do research on the coin's development team, technology, and market presence, but I'm not sure where to start. I've also heard that it's important to read through whitepapers and check out the coin's website and social media, but I'm not sure if that's enough.
Can someone please provide me with advice on how to conduct due diligence before investing in an altcoin? Any help would be greatly appreciated.
I'm new to investing in altcoins and I'm looking to do some due diligence before investing in one. I'm wondering what steps I should take to ensure that I'm making a smart decision?
I've read that it's important to do research on the coin's development team, technology, and market presence, but I'm not sure where to start. I've also heard that it's important to read through whitepapers and check out the coin's website and social media, but I'm not sure if that's enough.
Can someone please provide me with advice on how to conduct due diligence before investing in an altcoin? Any help would be greatly appreciated.