Five key points to consider before investing in Cryptocurrency
01) Conduct due diligence on principals and study on white papers It is vital to make any investment on crypto-currencies only after a proper due diligence and a study. While some people argue that crypto-currency is a gambling rather than an investment, others make genuine crypto-currency transactions considering the perceived value and the empirical utility of such digital currencies. Proper study on the related white paper is crucial before making any investment in crypto as this will avoid any misguidance from the community. All legitimate coins will have a white paper which is a detailed outline of principals, purpose and the technology of each coin and it will help you to determine whether you should or should not proceed with the particular crypto investment. 02) Create a proper strategy for crypto trading Separating genuine crypto-currency recommendations from scams is not as easy as it seems. According to the recent statistics, scams relating to crypt...