Searching and Screening. For choose a crypto asset, you, especially new traders, have to do what is called 2S!
Search and Screening.
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Searching
Searching is the first step you can take to find information about crypto assets.
There are lots of reference websites that you can use to learn about the crypto assets you want to buy! For example, you can search or find out through CoinGecko and CoinMarketCap. The two websites provide fairly complete information about trading and crypto assets which includes information on market prices, DeFi, to NFT that you can access on both websites.
Not only that, Indodax also provides solutions for all your worries about crypto assets that you want to know about. The method? You can easily access all of this information on the indodax.academy website! There, there are various informative features such as Tutorials, Podcasts, Articles, Glossaries, to Coin Ratings that you can access for free! In addition, you can also watch interactive and informative videos from Indodax Academy through the Indodax YouTube channel. It’s really easy to search for information about the crypto assets you want to point at? You just need an internet connection!
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Screening
After you get information about the crypto asset that you want to choose, it’s a good idea to filter some crypto assets that have made you sure.
This screening is very useful, you know, for selecting crypto assets that you have searched before! When you have selected one or two crypto assets that you think are right, you can also share information about these crypto assets with other traders.
Screening can also be done by looking for the whitepaper of a project, following developments and innovations from the project’s social media, and seeing the activity of a project from other activities or events.
Remember, friends, apart from screening, fundamental and technical analysis are also important when buying crypto assets, and when you want to trade in the future!