- Research
- understand the difference between Stable vs Shitcoin
- Be able to afford to lose the money
Read about the founder or at least watch the video covering things like how much they can invest into the coin, is the founder famous or successful so already a good brand or person into invest can in some cases increase the chance of success overall.
What is it's value if it starts at like $0.10 when you find it you could then say it getting up to $1 could be possible over it's already fairly good value meaning it could turn into like a stablecoin in the near future possibly overall. https://www.epintoken.com/2022/09/shitcoin-basics.html
How many coins to be made or created can allow you to make better investment calls if it only had like 50,000 not likely to happen that means if you want it you would need to try and buy it fast before all is bought by a whale a whale is someone who buys a lot of the coins as like investment uses ot to try and make the value go up to what they want before they buy or sell it later on some of the times.
Appearing on things which are seen quality check like for example on say Bitcoins or Forbes can be used to make it more likely to be high quality coin now or later n some of the cases . https://www.epintoken.com/2022/09/stable-coin.html
Stablecoin means when it's value is stable or stead for example worth like $1000 it stays on this same sort of high value that turns into stable currency overall.
Shitcoin means when a currency value can go up or down any moment for why it's called shit since people don't know what will happen to it later on so it's stable yet but it could be later on some of the time if the right conditions are met .
Losing money is something people always get wrong when it comes to like crypto or other investments so be aware it could go wrong so don't put in money you can lose overall if not you could go into debt or extreme cases lose your property then be made homeless so invest smart not dumb when possible.
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