#bitcoin #solana
Episode (2)
The most important cheap currencies that can be used
An exciting title, no doubt, but no one is certain about a specific currency and recommends it, otherwise he would have recommended it himself, but... some people may market a currency because they invested in it and contribute to its advertising.
So how can you trade, store, and benefit from a cheap currency?
The answer to this lies within yourself. Yes, there are standards that you must adhere to in searching for that currency, and what may be available to you in investigating that currency and benefiting from it may not be appreciated by others.
Here are some basic steps I recommend for searching for promising cryptocurrency projects:
1. Search for the idea and technological solution:
The project is trying to solve a specific problem in the market, and examine the technologies and innovations it relies on.
2. Evaluation of the work team:
Research the background and experience of team members in technology and finance, and check their previous track record in similar projects.
3. Review the work plan and budget:
Examining the project’s work plan, the size of its financing, its plans for using funds, the realism of the budget, and financial feasibility.
4. Follow up on developments and adoption:
Regularly monitors progress and updates to the project, and monitors levels of adoption and interaction with the target community.
5. Diversify the portfolio and choose projects carefully:
- Do not invest all your money in one project
- Diversify your portfolio to reduce risk
