Major 3 key points to select the cryptocurrency coin for future trading?
Here are the three major key points to consider when selecting a cryptocurrency coin for future trading (whether short-term speculation or longer-term positions):
1.Liquidity and Trading Volume
High liquidity ensures you can easily enter and exit positions without significant price slippage. Look for coins with strong daily trading volume (ideally in the billions) and availability on major exchanges. Established coins like Bitcoin and Ethereum typically excel here, reducing risk in volatile markets.
2.Volatility and Price Potential
Trading thrives on price movements, so select coins with sufficient volatility for profit opportunities but backed by trends or catalysts (e.g., upgrades, adoption news). Avoid extremely unstable meme coins unless risking small amounts; favor those with historical performance and upcoming events.
3.Fundamentals and Use Case
Evaluate the project's real-world utility, technology, team, tokenomics (supply mechanics), and adoption. Coins solving actual problems (e.g., payments, DeFi, scalability) or with institutional backing tend to have better long-term resilience and growth potential.
Always conduct your own research, diversify, and manage risk—crypto markets are highly volatile and unpredictable.
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