Also, always ask the right questions before investing in a project

While you are researching, having a checklist of the most important questions to ask is useful. Here are some things you should have solid answers to before you invest:

What problem is this cryptocurrency trying to solve?

What is the market cap of this crypto? What is the risk profile?

What are the legal regulations about this crypto in my country?

What is the project’s marketing and social media presence?

How are they trending in Google and on Social media?

What are the key features of the cryptocurrency’s blockchain?

How well-defined is their roadmap?

Are there any red flags? Any skeptical views on this project

Which exchange can I buy this crypto on?