FUNDAMENTAL ANALYSIS(FA)
Fundamental analysis basically means carrying out research on a token your want to invest in to know if it has potentials of giving massive gains. Every crypto Trader who wants to be successful must have Knowledge of Fundamental Analysis
A Thread🧵
Fundamental analysis basically means carrying out research on a token your want to invest in to know if it has potentials of giving massive gains. Every crypto Trader who wants to be successful must have Knowledge of Fundamental Analysis
A Thread🧵
I’ll be breaking down how to carry out FA, don’t enjoy these tips alone, Retweet so your Friends can see them too
FA is the most efficient way of discovering gem Tokens. Every investor is to carry out FA before buying any token. Here are things to look out for while researching:
FA is the most efficient way of discovering gem Tokens. Every investor is to carry out FA before buying any token. Here are things to look out for while researching:
1/
•The Team
Here we identify the founders of the project if they are fully doxxed. We check their history if they’ve handled any other crypto project before now and how well the project did or if they’ve had any previous criminal records.
•The Team
Here we identify the founders of the project if they are fully doxxed. We check their history if they’ve handled any other crypto project before now and how well the project did or if they’ve had any previous criminal records.
2/
•Partnerships
Projects with Solid Backings always perform well, so we should check if the project has good Partnerships with Top Venture Capital Firms, Influencers and other Big crypto Projects as this exposes the project to more investors.
•Partnerships
Projects with Solid Backings always perform well, so we should check if the project has good Partnerships with Top Venture Capital Firms, Influencers and other Big crypto Projects as this exposes the project to more investors.
3/
•Token Utility
This refers Use of the token, the problem the project tends to solve. Here we check for how feasible is the solution provided by the Team and also compare it to other projects. Example if it’s a layer 2 solution we check for what makes it unique among others
•Token Utility
This refers Use of the token, the problem the project tends to solve. Here we check for how feasible is the solution provided by the Team and also compare it to other projects. Example if it’s a layer 2 solution we check for what makes it unique among others
4/
•Community Vibes
An active community is essential for the growth of any project. Investors should always check out for engagements and interactions on their social Media pages. Are the members of the project always interacting? Low/Unactive Community is a big Red flag.
•Community Vibes
An active community is essential for the growth of any project. Investors should always check out for engagements and interactions on their social Media pages. Are the members of the project always interacting? Low/Unactive Community is a big Red flag.
5/
•Tokenomics
Majority of of the time investors neglect the coins and may end up losing in the long run. Tokenomics is a very important factor as it affects the price of the token in the long run. Tokenomics involves the Total supply of the token, the amount in circulation,
•Tokenomics
Majority of of the time investors neglect the coins and may end up losing in the long run. Tokenomics is a very important factor as it affects the price of the token in the long run. Tokenomics involves the Total supply of the token, the amount in circulation,
6/
the burnt tokens, the locked/Vested token, the Market Cap, it also shows if the token is inflationary or deflationary. These are Essential things every investor should look out for before investing in any token.
the burnt tokens, the locked/Vested token, the Market Cap, it also shows if the token is inflationary or deflationary. These are Essential things every investor should look out for before investing in any token.
7/
•RoadMap
This Explains series of major events that the project would undergo. A Good Roadmap should Upgrades and adjustments in accordance to trends that would attract investors. The roadmap would also shows how serious is the team.
•RoadMap
This Explains series of major events that the project would undergo. A Good Roadmap should Upgrades and adjustments in accordance to trends that would attract investors. The roadmap would also shows how serious is the team.
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