Every trader and investor, even experienced ones, spends a lot of time choosing which crypto to buy. The choice is not based on rumors and articles on the Internet and even not on hype. It’s all about deep analysis and making your own decisions to buy cryptocurrency. In this article, we will try to explain how to pick a digital asset.
Thinking about what crypto to buy, you should analyze the following aspects of existing projects:
- Who stands behind the project? Do the developers have successful experience and background?
- What is the coins emission? Is it limited or not? Limited issue of coins means the demand will be maintained, thus, the price too.
- Is the project’s documentation written correctly?
- Is the coin listed on credible crypto platforms?
- Are social networks regularly filled with information on the project and updates? Is there communication with community?
- Who are the project’s backers? Are there well-known partners?
- What is the actual use of the coin?
- What is so special about the project’s technology? What crucian problems does it solve?
We have analyzed some crypto projects, and here is the list of promising assets worth to be bought for the long term.
The leading crypto asset in the world with the most stable growth prospects. The asset has high liquidity and limited emission – there is always demand for BTC. This crypto asset sets the tone for the entire crypto market. It is definitely worth buying cryptocurrency BTC.
Second-popular crypto asset. It is a coin and platform for developers to create their dApps.
The project has the Proof-of-Stake consensus protocol in the core, which means it is environmentally friendly. The coin can be staked, which is an easy way to receive passive income.
If you got interested in investing in these projects, you can buy cryptocurrency on the WhiteBIT exchange. Also, you will find comprehensive information on these projects and charts, a lot of available trading tools, and staking options.