Crypto projects are no longer strange investments that only a few know about. Investing in projects built on blockchain is starting to permeate the mainstream business culture, but is it really worth it? And even if it's worth it, should we invest in it?
Knowledge is the most powerful tool an entrepreneur, businessman, or investor can have, and today with this article we will try to provide you with as much knowledge as we can about crypto investing.
In addition to learning the essential crypto and NFT jargon, there are a number of questions that a potential investor seeks answers to, before diving into this world. What makes a project better and more reliable? Are there signs that you should invest? What is your exit strategy?
Here are some tips, ideas, and things to keep in mind while checking a project for making an investment.
The team behind the project
In a new world like crypto, experience has a great value and comes at a cost. Don’t invest blindly, spend some time doing due diligence about the team behind the crypto project. Have they experienced coding on a blockchain before? Have they had success building similar projects?