Learn more about crypto with this collection
The differences between Web 2.0 and Web 3.0
The future of the internet
Understanding the potential of Web 3.0
Whenever we ask a person where to invest, to either an expert or a beginner, the only reply they have is DYOR
hold on, DYOR is not a coin or stock, I mean Do Your Own Research!
But how to do your own research?
AΒ stash, that helps you to do research on crypto and related π
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Before doing your own research you need to know about the 'Losing weight Analogy'
If we think to lose energy, few people say to control die, few say to exercise.
But, both are important to lose weight.
The same applies here too, there'll be multiple factors affecting this.
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now to the point
The 3types of Analysis;
1. Technical Analysis;
The analysis that made by watching the previous charts of the coin.
2. Sentimental Analysis;
It's the analysis that is made by observing what everyone is thinking about it or based on the number of recommendations they received.
3. Fundamental Analysis;
It's about studying the actual ideas, team, and progress of a specific project.
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The best analysis to rely on, is fundamental analysis, but how to do a fundamental analysis?
Goal: Try to make the investment that looks bad
with the marketing techniques, they can make up a simple project that looks like the best project ever.
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step #1: Tokenomics
tokenomics is about what the company is about and its vision. it'll be available on the project's website or their white paper.
Step #2: Premine
It's personal data. A project sells its first token to private investors, early users, or miners of their close group.
Each type will change the value of tokenomics.
example, airdrops.
Step #3: Team
It's also very important to know who's behind the team.
Who's funding, who's supporting, and more.
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Step #4: Social mediaΒ
sometimes, few content creators talk about a specific coin even if they are not sponsored, have a look at them.
Step #5: What's the problem they are solving?
I hope this stash might add some value.
Thank you so much for reading till the end.
Let me know your views about this, so I can be better from next time
Do follow me here and on TwitterΒ for more interesting stuffΒ :)
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IDEAS CURATED BY
19 | Generalist, Content Creator, Student at Christ University. Stashing about entrepreneurship, self-help, spirituality and the most interesting stuff I read.
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