May 2, 2018
(click to tweet)
Is the company actually
utilizing the blockchain?
Or, are they just placing it in
front of a pre-existing business model? Questions like this cut
through the marketing noise found in most cryptocurrencies and tap
into the core of the technology. When a cryptocurrency integrates
blockchain technology in a way that has everyone benefiting in the
network, it is worth your investment.
On today’s episode of The
Bitcoin Crypto Mentor Mastermind Show, we are joined by a panel of
experts to discuss the many different factors to consider when
evaluating a cryptocurrency. From Greg Gilman of Science Blockchain
to Reeve Collins of BLOCKv, this panel brings all perspectives to
the table. Listen to today’s episode to learn what to look for when
seeking out your next crypto investment!
And don’t forget! You can
also listen to The Bitcoin Crypto Mentor Mastermind
Show on Spotify! Click
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Points to Keep In Mind
- Platforms over tokens because tokens can be
built on top of the platforms
concerned about the team, more than the technology
coins with the most hype are the ones with the least focus on
won’t be invested in learning about crypto until you put money in
- Studies show people value and retain paid
information much more than free information
- Research who the team is, and why they’re
building their ICO
- Always inquire about the terms of the deal, and
whether previous investors were offered the same
- Evaluate whether the technology actually
utilizes the blockchain technology, or just places it in front of
Bitcoin and Ethereum for your first step into the
for tokens with high-quality commits on their GitHub
- Examine whether that’s part of the conversation
out infrastructure-tokens like EOS, Dragonchain, Lumens, etc.
tokens that are within your industries of interest
can be an expert on anything you spend your time on
skeptical of the cryptocurrencies that are just gift cards to use
for tokens where everybody in the network benefits from using
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