INVESTMENT TIP FOR CRYPTO INVESTORS

in #investment5 years ago

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ARE YOU CONFUSED AND YOU DON'T KNOW WHICH TOKEN YOU SHOULD INVEST YOUR MONEY UNTO? I RECOMMEND TOKO TOKEN FOR YOU

The crypto-currency business is totally different from any other form of business. For me, I think the crypto business is the most difficult kind of investment to do. It requires some good knowledge to stay fit in this field. As a cryptocurrency enthusiasts or investor, there are criteria or factors to look for before investing on any cryptocurrency project. In this write-up, am going to show you those criteria and I will recommend a project that meet up with such pass mark.

NOTABLE CRITERIA TO LOOKS BEFORE INVESTING IN A PROJECT

With the rate of scam project flying around the crypto space, investors have to be very careful. It is at times very difficult to identify a scam or fake project because those people can easily build a website, create a wallet address and design a whitepaper for their scam or fake project. So it is very important the investors must have a kin eyes, watch well and chose wisely.

HERE ARE THOSE CRITERIA

1- Team Composition

The first thing to check about a project is its team, are they real or fake? Is the organization willing to publish information about its team members? For those good and legitimate project, they don't waste time in providing the teams name and their investors information to the public.
So you that is willing to invest on their project, you should ensure to verify the team biography, their experience and what they have achieved so far. Checkmate the potential the teams carries and their experience in crypto field. Even though if the team are new in the crypto space, check out the kind of skills they have and weigh it how it is going to reflect on the goals of their set project.

2- WhitePaper

Every legitimate project that have an insight must have a whitepaper, it is very important. The whitepaper is the document that will show every detail about the project. A viable whitepaper should be able to have a logical flow, show the idea of the project, describe the technology that will drive the project, show how the project will work and how it could be utilized. A whitepaper should contains the rights of the users and other vital information which the general public needs to know. So any project that could not present a clear motive of the project or viable information is suspicious.

3- Community Communications

This is where it comes to play for people to checkmate the communication power between the team and their community. For a good project, there should be regular frequency of communication with their proposed investors. So any project that could not display or account for the kind of communication they have with their community members is suspicious. As an investor, you should be able to ask the project team questions either through their mail or social media and analyze the answers which the team will give you. All answers given to you must convince you enough and make sure you get satisfied.

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4. Foundation

Checkout the foundation of the project, which kind of blockchain their project is designed on. All these are very important in case you don't know. Majority of the current project in the crypto space were built on ethereum blockchain; even though if they plan to build their own blockchain, they usually use ERC-20 as a startup. But if a project is using a customized blockchain, you must ask more questions why and their reply must be impressive.

5. Suitable Token Dissemination

You need to know the total supply of their token, the total they offered for sales and the quantity they want to reserve. If a project allocated huge amount of token to the teams with short time lock period, know the project have a skeleton in the cupboard. If they also release token for circulating, know the project does not have any funding objectives and their project is not realistic.

6. Use Case

There are many projects that only do the talking on paper, but have nothing to show in real life. A good project token must have a real-time use case, but without this, the project value might not elevate.

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HERE COMES THE RECOMMENDATION

The only project I can recommend to all crypto enthusiasts and investors is Tokoin. I have accessed the project and they meet up with those criteria I listed above. The Tokoin want to help small businesses to achieve their potential by leveraging data face the real market. Tokoin will help MSMEs to build a business profile and valuable partnership which will make their business expand. They have an amiable, experience and hard-working team working to make the project achieve their aims and goals.

TOKOIN HAS A CLEAR BUSINESS MODEL

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They have launched their token (TOKO), it is a utility token and will be used within the platform ecosystem.

I sincerely want to let all investors know that TOKO is the best cryptocurrency we must invest on for now. With the help of the team and other strategic put together, the TOKO token has been doing wonders in the market. Tokoin conducted their IEO on KuCoin Spotlight and the TOKO token was sold without much time. Ever since then, the token has doubled its price, and it has been improving day by day. The project has future and anybody that invest in it now will smile at the end.

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THE PROJECT HAS A USE CASE

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HERE ARE THE TEAM

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You can communicate with the team through any of the social media below:

Telegram Chat: http://t.me/tokoinglobal

Twitter: https://twitter.com/TokoinOfficial

Facebook: https://www.facebook.com/TokoinOfficial

Medium: https://medium.com/@tokoin

Instagram: https://www.instagram.com/tokoinofficial

Linkedin: https://www.linkedin.com/company/tokoinofficial/

Reddit: https://www.reddit.com/user/TokoinOfficial

You can now buy and sell TOKO token here: https://www.kucoin.com/trade/TOKO-USDT

Author: Laruje

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