- Know what you’re investing in: Before buying any cryptocurrency, research its use case, team, technology, and community. Not all cryptocurrencies have a solid long-term plan or real-world application. Popular projects like Bitcoin, Ethereum, and Cardano have established track records, but many altcoins may lack real-world utility.
- Check the whitepaper: The whitepaper is the foundational document for any cryptocurrency project. It outlines the purpose, mechanics, and vision of the project. Make sure the project has a clear roadmap and technical explanation.
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