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@IgorBelykh more from that month

5 Steps to Analyze Any Token Basically, investors lose money in the crypto market due to poor analysis. People are afraid to make decisions about buying / selling assets, so they try to shift the responsibility to the channel, influencer or Mask. Today I will show the basic rules for my own analysis of any unfamiliar token that you are advised to buy from each iron Situation: You saw that Binance is launching the HOOK token on the launchpad. Suddenly, someone in the PM offers you to buy it on PancakeSwap cheaper and before the listing. I really want to buy, but how not to get on the scam? ⃣Always verify the token on CoinMarketCap First of all, go to the CMC and verify this token there. If there is no trading there yet and ICO is written, then the token is not yet traded anywhere, and you are offered SCAM! ⃣Checking the announcements On the HOOK token page on the CMC, there is a section with the project's twitter/discord. Go to twitter and see the announcements for the last week or two. If there is no information about trading the token on Pancake or other airdrops, you are being offered a scam. You can also go to the site (also available on CMC) and read what kind of project it is, what problem it solves, what team, investors... ⃣Checking the contract Let's say the channel offers to buy the HOOK token before listing on Binance. In order for you to buy a token, the scammer will publish a scam token contract under the pretext of a real one and write instructions on how to buy it on Pancake. NEVER COPY TOKEN CONTRACTS FROM TG CHANNELS. All official contracts are on CMC, Coingecko, DropsTab, Cryptorank + in the whitepaper of each project. ⃣Basic reading of whitepaper Whitepapers are not as scary as they are drawn. There are many interesting things there. The CMC has a link to the whitepaper of each project. It is advisable to scroll through the documents in a basic way, at least look at the tokenomics of the project (why the token, its functions) and what the project does. ⃣See where the token is traded The most common question in the chat is "where to buy token X?". To answer this question, just go to the CMC - enter the token you are interested in - go to the "Markets" section. There will be a list of all exchanges (CEX and DEX) where this token is traded. ✅Finally: We often make the mistake of moving too fast when it comes to making money and too slow when it comes to keeping assets. Always ask yourself: do I want to earn now or not to lose? If you make money, act gradually and do not fly into the CUMROCKET shieldcoin on a pancake! © CryptoGuru

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