Monday 28 March 2016

DONT BUY A COIN BECAUSE IT IS CHEAP

Dont buy a coin just because it is cheap. that is not a sufficient reason to buy a coin.

An expensive coin might be a better coin to buy instead of a cheap coin.

A coin worth buying must have the following characteristics

1. A decent market capitalisation that tends to increase either monthly , quarterly or bi annually.

2. A very high trading volume.

3.A decent amount of buy orders or buy support.

4. If it is a cheap coin then that would be an added advantage.

1 comment:

  1. How will I no when a particular coin meets all this satisfactions??

    ReplyDelete