Thanks for stopping by my “Making Crypto Make Sense” blog today.
Coach D – Part 2: Cryptocurrency & Tokens Investment Checklist:
Part 1: Initial Information Gathering and Filtering – Do Your Own Research (DYOR)
Watch it @ https://askdetheridge.com/coach-d-cryptocurrency-tokens-do-your-own-research-dyor-part-1
Part 2: Fill out an Investment Checklist
I have a checklist of questions that I find important and as I’m researching a crypto or token:
* What is the problem or transactional inefficiency the coin is trying to solve?
* What is the Dev Team like? What is their track record? How are they funded, organized?
* Who is their competition and how big is the market they’re targeting? What is the roadmap they created?
* What current product exists?
* How does the token/coin actually derive value for the holder? Is there a staking mechanism or is it transactional?
* What are the weaknesses or problems with this crypto?
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