I walk you through the next step of the Fundamental Analysis process when evaluating cryptocurrency by looking at the relation Crypto has to it’s digital siblings. By asking yourself the question, “How is cryptocurrency related to it’s ancestors”? You gain a solid understanding of the cryptocurrency project and can better evaluate whether or not its worth an investment.
First, I cover the importance of discovering which platform the cryptocurrency is built on and why that is important. Then I outline the difference between hard-forks vs. soft-forks as well as some examples. My goal is to give you the tools to conduct your own Fundamental Analysis for any alt-coin!
What Are My Go-To Exchanges for Trading Crypto? Check Out Below!
• REGISTER ON BINANCE: https://www.binance.com/?ref=16888308
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, Binance is considered as the biggest cryptocurrency exchange in the world in terms of trading volume.
• Sign up with Coinbase and earn FREE Bitcoin: https://coinbase-consumer.sjv.io/MWaYJ
Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin with fiat currencies in approximately 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
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DISCLAIMER: I am not a financial advisor nor am I giving financial advice. You should not take my opinion as financial advice. This is my opinion only. You should always do your own research and understand the risks of investing. Don’t risk more than you’re willing to lose!!!
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