Digital Assets — 32 Questions You Should Be Asking Before Buying

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Coinmonks

2 min readMar 12, 2022

Before you Invest Answer These Two- Questions:

First, determine your time-horizon — 1. Are you interested in short-term trading or long-term investing?

2. How long are you HODLing For? (Pick a minimum)

Then ask yourself the following about the coin/project:

3. Does the coin have a project website?

4. Does the coin list project team members with real pictures and links to real external profiles?

5. Does the project have a “white-paper”? (Read it.)

6. Is a market problem clearly identified?

7. Is the solution (i.e. “use case”) clearly explained?

8. Is the proposed solution only solvable by the coin?

9 . Is the white paper easy to understand or overly complicated?

10. What are the ‘tokenomics’ of the coin?

11. Is the coin supported by recognizable companies?

12. Is the coin being used right now?

13. What is the scaling usage of the coin (Growing or Dying?)

14. Check the project CrunchBase.com Profile

15. What funding has it received?

16. Who is the project team? What is their relevant experience?

17. How fast has the project burned through their cash?

18. How long have they been in business?

19. What has been the executive team turnover?

20. Check the project’s Github.com Page

21. How big is the project developer base? What is the trend? (Growing or Dying?)

22. How many commits (submitted code) does the project have? (Growing or Dying?)

23. Has the project forked? If so, how many times?

24. Are they’re known security flaws in the code?

25. Check the Project’s app.Santiment.net Profile

26. What is the Social Volume? (Growing, Sporadic, or Declining?)

27. Does the price only pump with increased social volume? (Pump N Dump)

28. What is the project’s Network Activity? (Growing or Declining?)

29. What is the project’s Daily Active Addresses? (Growing or Declining?)

30. What is the On-Chain Whale Count? (Growing or Declining?)

31. What is the Volume & Market Caps? (Growing or Declining?)

32. How is the project being covered via media? (Newsnow.com — search by project name)

For more detailed analysis of why these questions matter, visit my other articles including “The Fundamentals of How to Research any Digital Asset”

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