BASIC VIRTUAL CURRENCY RESEARCH TIPS

virtual currency

Will they pay off in the long term for my Crypto Investments? Time will tell and my horizon is 1-5 years to HODL. My day trading skills are zero & breaking even would be a good day for me!

I am no financial advisor, just a hard working dad keeping my ear to the ground for future opportunity.

My Simple No-Nonsense ICO Research Tips:

#1) REAL PROBLEM – Are they trying to solve a real problem for the mass population (you/me), or just capitalizing on the popularity and hyping a coin?

#2) WHITE PAPER – Do they have one and can you really understand how they are going to bring value? If I do not at least comprehend the basics, I’m out.

#3) GITHUB – Are they active in pushing the project forward? Big ideas are fine, but without action, they stay on paper.

#4) TIMELINE – Staying within their own deadlines is important, my horizon is 1-5 years, not 10-never!

#5) SOCIAL – Do they have a real following of investors and keep in touch with regular updates on the project?

#6) TEAM – The greater the vision, the more specialized experts they will need. How qualified are the leaders?

TRADING STYLE:

Many are day trading virtual currency and have no idea what the projects are about,  but still doing well. I know my strengths & weaknesses and short-term day trading crypto or any asset is not one of them.

MY FAVORITE DIGITAL MONEY RESOURCES:

BLOGS:

CoinDesk

CoinCheckUp

CryptoCompare

CoinTrendz

CoinMarketCap

WorldCoinIndex

WalletInvestor

YOUTUBE:

Live BITCOIN Trading

DataDash

Coin Mastery

Altcoin Buzz

The Modern Investor

Scams:

Be careful and do your own research, not just take advice from other people including me! It’s hard for even me to believe, but mistakes I do make. This technology is new and growing, so are the number of people trying to scam others – “be careful”. Remember, if it sounds too good to be true – it probably is a scam.

DO YOUR RESEARCH:

I must confess that it’s hard for me to sell any coin, that I have bought after doing hours of research. But keep in mind the market evolves fast and many coins will be gone.

These guys have a great perspective on the crypto-currency market, with no hype or coin shilling. This is my top site hands down and its on Youtube: Ready Set Crypot

BONUS: Track your coins for FREE————-> Coin Trackr

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Robert Connor
Aircraft Technician by Day – Blogger by Night! Just your average daddy raising two awesome girls, providing Job Links, Resources, Ideas, Tips & Tools for Bloggers & Freelancers! By Helping others, we keep learning too!

6 Comments

  1. Kadence Marvin November 9, 2018
  2. Sathish Arumugam October 24, 2018
  3. Michael September 21, 2018
  4. upjohchealsea August 3, 2018
  5. Robert Connor April 27, 2018
  6. Ida April 25, 2018

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