Many traders don’t pay enough attention to the characteristics of a coin before they invest in it, nor do they consider timing of its purchase or exchange metrics. As a result, they lose huge sums when converting fiat money into cryptocurrency and expose themselves to hacker attacks and coin collapses.
But there are certain tricks of the trade, and being aware of them will help you to keep and multiply your money. We are going to tell you about those in this article.
Evaluating the Token
According to CoinMarketCap, today there are more than 2,000 different tokens available on the market, whose total capitalization exceeds $140 billion. How can you avoid mistakes and choose the token that will bring you profit? Check out the characteristics described below for some helpful guidelines in making the right decision.
For the record, sometimes the exchange itself can analyze tokens and publish the reviews on its website. Example is p2pb2b exchange. Here you can read their 3DCoin review….