Karon Shadow
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6 Tips for Investing in Cryptocurrency
1. Research, research, research Every investment has its individual risks and rewards, but cryptocurrencies make these things difficult to predict. Some tokens have proven to be profitable over time, but others have proven to be complete duds. Before you make any investments, you need to do your research. You should be aware of what the company does, how it makes money, who its competitors are, etc. If a company has been operating for several months or years, then it is worth considering. But if it’s a new ICO (initial coin offering) that’s taking place soon, it’s probably not a good idea to invest. There are many ICO scams out there, so it is important to do your research. If you are interested in ICOs, be sure to check out our ICO page for more information. You’ll find lots of helpful articles and tips on how to analyze ICOs. Our ICO reviews section is also a great place to start. We’ve reviewed lots of different ICOs and token sales. You can learn a lot by reading what we have to say about each one.
By Karon Shadow3 years ago in The Chain