Diversify

Diversify

I purchase crypto-currency daily. Sometimes it's Bitcoin, sometimes, it's some obscure, unknown coin that has just arrived on the scene. The most important aspect for me is the daily process of investing. I use some common rules for determining if I invest in a cryptocurrency.

  1. Make sure the website works
  2. Make certain there is active development on the product by checking out the Git commits
  3. Find out if the coin is being used to purchase anything IRL
  4. See if there is activity on the forums
  5. See if the coin is integrated into ShapeShift.io and active on the bigger exchanges
  6. Ensure there is a buzz on the forums

Bitcoin will not be the dominant coin forever (although it could take some time to unseat) and cryptocurrency is not going away. Do your due diligence and throw a few bucks into some alternative cryptocurrencies, it will pay off!

ifeanyi ijioma

Economic planning analyst at Golden Guinea Breweries plc

8 年

could you kindly assist in naming some good crypto currency one could invest while ensuring due diligence

ifeanyi ijioma

Economic planning analyst at Golden Guinea Breweries plc

8 年

thanks

要查看或添加评论,请登录

Edward Galimi的更多文章

  • Error Handling

    Error Handling

    In over 20 years of VBA development in Excel, Outlook, Word, PowerPoint and Visio, I rarely see error handling in VBA…

  • Meditation

    Meditation

    I've been meditating just about daily now for years. My routine is to meditate twice daily, once in the morning, once…

    1 条评论
  • Winning at Crypto

    Winning at Crypto

    Winning at crypto-currency only takes some common sense. Almost as soon as I got involved in Bitcoin (late 2012), I…

社区洞察

其他会员也浏览了