Cryptocurrency investment questions to answer before investing
Has it launched? is it a decentralized platform? if so, what is the adoption rate? I am only able to analyze project after they have launched and I am more concerned about right than early.
Decentralization is what this cryptoasset revolution is all about for me, and decentralization is where the rapid growth comes from.
If a project will be decentralized later? I will wait for later.
If its just a coin – buy bitcoin. Lightning network will make bitcoin the best coin and I am not interested in any other pure coins. But I will invest in platforms. Platforms can grow larger than individual businesses and are easier to measure success by watching the projects on it develop.
next I look at adoption rate which has to be measurable. these are metrics I look at for BTC, ETH, and XLM
https://bitinfocharts.com/comparison/ethereum-transactions.html
https://lnmainnet.gaben.win/
https://stellar.expert/explorer/
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