Hello Trader!
How to do your own research before investment??
1.Obtain Reliable Usage and Transaction Data. A useful analogy in cryptocurrency investing is that purchases of any given coin are bets on its future value.
2.Consider Total Value Locked (TVL)
3.Data on Market Liquidity.
The first step to perform your own research before investing in CRYPTOCURRENCIES is by analyzing the most current BITCOIN Market price.
The BITCOIN market price is the master controller of the entire CRYPTOCURRENCY market price action.
For example; if the BITCOIN market price bounces up by 5% from its most recent Low price, you've got to hunt for a LONG tradir opportunities in the CRYPTOCURRENCY markets. BITCOIN market price dumps by 5%
recent high price, you've got to hunt for a SHORT trading opportunities in the CRYPTOCURRENCY markets