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Cryptocurrency investing and trading

How do you assess the value of a crypto-currency?

Estimated reading: 1 minute 18 views

The value of a cryptocurrency can be assessed by taking into account various factors such as the underlying technology, thedevelopment team,market adoption and other elements.

It’s advisable to do your own research by reading the project’s whitepaper and studying its viability and coherence. You can also watch videos of influencers or content creators, but then you’ll sometimes get subjective information.

However, it’s important to note that sometimes investors take nothing into account and prefer to speculate on the price of a cryptocurrency, as is the case with “memes coins”. These cryptocurrencies often rely mainly on marketing and influencers, without any real solid foundation.

We do not advise you to invest in “memes coins” such as DOGE, SHIBA, FLOKI, PEPE, etc., but you do so at your own risk. It’s crucial to exercise caution and look for projects with solid foundations and long-term growth potential.

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