The Right Guide How To Find The Best Crypto For Digital Assets
The rise of Bitcoin and its fantastic price increase over the past few years has led many investors to invest in crypto currency. Many new crypto currencies are circulating in the market. How to find the right and promising investment cryptocurrency next?
Find ICO first
The first step to do is to find out which initial coin supply is coming. With sites like ICOalert, developers have a place to list their upcoming pre-sale sales and public sales.
They can also include other information such as soft-seal, purchase price and team profile. Smart investors can use sites like this to plan investment investments, conduct research, and prepare their money to invest at the right moment.
"ICO Alert has seen our unique daily number of users every 2 to 4 weeks. The growth is remarkable, and validates our view that people want an unfiltered list of ICOs. ICO Alert remains the only ICO site listed for free and the only active and upcoming ICO list, so we expect growth to continue, "said Robert Finch, founder of ICOAlert.
Evaluating Investment Opportunities Cryptocurrency
The emergence of rare new ICOs will capture the attention of investors and invest in cryptocurrency, but many people will surely fail because of the absence of evaluation.
Studying the market is not complicated and gives a good idea of how the value of coin investment will be in the future. Here are some important points in evaluating a potentially good crypto currency for the future.
How unique is the idea?
There are millions of ways to use blockchain, and new ideas come up every day. Currently, the market is not impressed with coins that only create a "decentralized currency" model.
Bitcoin is a revolutionary idea when it was first discovered, but now all crypto currency has that function.
Look for something that makes a new spin on an old concept or tries to achieve something ambitious. If you see a language that is not clear or too grandiose from a crypto project website, stay away because this may be a hoax.
Currency distribution
Smart contracts that manage the distribution of coins have special rules, such as how many will be available, to whom, when, and whether unsold coins will be "burned" (destroyed) or not.
Typically, rare coins are related to supply, the more supply the more it gets on the open market. Find out how many coins will be sold in closed pre-sale (and what bonuses to buy at the time), targets from time to time from ICO, and more.