🪙 How to Choose a Cryptocurrency
With thousands of tokens out there, choosing the right one can be tricky. Here’s how to spot real value.
📌 Key things to look at
- Use Case: What problem does the project solve?
- Team & Community: Are they active and transparent?
- Tokenomics: How is the supply structured?
- Development: Is the codebase being updated?
- Liquidity & Volume: Is it easy to trade?
🏷️ Common categories
- Layer 1: Bitcoin, Ethereum, Solana
- DeFi: Aave, Uniswap, Curve
- Stablecoins: USDT, USDC, DAI
- Infrastructure: Chainlink, The Graph, Arweave
- Memecoins: DOGE, SHIBA INU, PEPE
⚠️ Red flags to avoid
- No clear purpose or roadmap
- Anonymous or shady team
- Pump-and-dump hype with no product
- Locked liquidity or bad token distribution
✅ Final tips
Don’t chase hype. Research the fundamentals. Start with known projects, and build up your confidence and understanding step by step.