We are currently in a bear market, BTC is currently hovering between 20k and 21k but dropped to about 17k last weekend. With these market outcomes, many might be very skeptical of the crypto market, but the experts remain very hopeful about the future of crypto with many insisting that with the growth and maturity of the crypto industry, many of the crypto projects will not survive and will be swept away by the swings of the market. But the good news is that according to their predictions those that survive will make their HODlers so much ROI. With this in mind, it means as much as we want to make a quick profit we still need to also have a long-term approach to our crypto investment.
HOW TO ANALYZE A PROJECT FOR LONG-TERM INVESTMENT
It is important to note that outside scam projects, as we have stated earlier there are so many projects out there that will not pass the test of time. So here are some precautionary checks you need to do before investing in a project even for the short term.
Study Their Whitepaper Properly
The whitepaper of a crypto project is the place where the team elaborates on the problem that led to the creation of the project and their unique approach to solving it. The long-term plans of the project are also stated here. The whitepaper will help you figure out if the problem they are trying to solve is a real one and if the market for the solution is large enough or a growing one. Find out if the market has growth potential. If you find a project that looks good be careful also to check if this is actually an original idea or whether it was just copied from the pages of another project whitepaper. It will surprise you the amount of time most so-called good whitepapers where just a copy and paste work with just a few modifications, so avoid them.
Research On The Team Behind The Project
Once you have found a good project with good market potential, you need to research the team behind it. Check on each of them individually. Have they worked on other projects in the past? How did the project perform? Are they well known in the crypto industry? Also, look into their qualifications and reviews from people if you can. This assessment will help you figure out if the team is competent enough and morally upstanding enough to deliver on what they promised in their whitepaper. Please note that people's images and identities could easily be used without their knowledge claiming to be the team behind a project so ensure they are truly those backing the project, that is where youtube videos and other platforms would come in handy to ascertain that they are real.
Check The Project Social Media Handles
Here you are trying to find out if they have a strong community and if the community is in it for the long run not just for quick gain. Check their Facebook, Reddit, Twitter, and Telegram to figure out how informed and committed the community is. Do note that there are bounties where people are rewarded for good reviews so figure out a way to weed out those biased reviews from the real ones.
Follow the social handles of trusted experts in the crypto space to keep abreast with crypto trends and their recommendations.
Follow the project's news and announcements on social handles
Here is our recommendation for the long-term investment:
BITCOIN (BTC)
ETHEREUM (ETH)
BINANCE COIN (BNB)
NEAR
SOLANA (SOL)
YEARN. FINANCE
UNISWAP (UNI)
CARDANO (ADA)
POLYGON (MATIC)
RIPPLE (XRP)
This is brought to you by Paybuymax. Paybuymax is one of the most trusted digital assets dealers in Nigeria with over 10,000 clients all over the world.
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Contact Paybuymax via:
Instagram: @paybuymaxtech
Facebook: @paybuymaxtech
LinkedIn: @paybuymax
Website: www.paybuymax.com

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paybuymax:
We are currently in a bear market, BTC is currently hovering between 20k and 21k but dropped to about 17k last weekend. With these market outcomes, many might be very skeptical of the crypto market, but the experts remain very hopeful about the future of crypto with many insisting that with the growth and maturity of the crypto industry, many of the crypto projects will not survive and will be swept away by the swings of the market. But the good news is that according to their predictions those that survive will make their HODlers so much ROI. With this in mind, it means as much as we want to make a quick profit we still need to also have a long-term approach to our crypto investment.
HOW TO ANALYZE A PROJECT FOR LONG-TERM INVESTMENT
It is important to note that outside scam projects, as we have stated earlier there are so many projects out there that will not pass the test of time. So here are some precautionary checks you need to do before investing in a project even for the short term.
Study Their Whitepaper Properly
The whitepaper of a crypto project is the place where the team elaborates on the problem that led to the creation of the project and their unique approach to solving it. The long-term plans of the project are also stated here. The whitepaper will help you figure out if the problem they are trying to solve is a real one and if the market for the solution is large enough or a growing one. Find out if the market has growth potential. If you find a project that looks good be careful also to check if this is actually an original idea or whether it was just copied from the pages of another project whitepaper. It will surprise you the amount of time most so-called good whitepapers where just a copy and paste work with just a few modifications, so avoid them.
Research On The Team Behind The Project
Once you have found a good project with good market potential, you need to research the team behind it. Check on each of them individually. Have they worked on other projects in the past? How did the project perform? Are they well known in the crypto industry? Also, look into their qualifications and reviews from people if you can. This assessment will help you figure out if the team is competent enough and morally upstanding enough to deliver on what they promised in their whitepaper. Please note that people's images and identities could easily be used without their knowledge claiming to be the team behind a project so ensure they are truly those backing the project, that is where youtube videos and other platforms would come in handy to ascertain that they are real.
Check The Project Social Media Handles
Here you are trying to find out if they have a strong community and if the community is in it for the long run not just for quick gain. Check their Facebook, Reddit, Twitter, and Telegram to figure out how informed and committed the community is. Do note that there are bounties where people are rewarded for good reviews so figure out a way to weed out those biased reviews from the real ones.
Follow the social handles of trusted experts in the crypto space to keep abreast with crypto trends and their recommendations.
Follow the project's news and announcements on social handles
Here is our recommendation for the long-term investment:
BITCOIN (BTC)
ETHEREUM (ETH)
BINANCE COIN (BNB)
NEAR
SOLANA (SOL)
YEARN. FINANCE
UNISWAP (UNI)
CARDANO (ADA)
POLYGON (MATIC)
RIPPLE (XRP)
This is brought to you by Paybuymax. Paybuymax is one of the most trusted digital assets dealers in Nigeria with over 10,000 clients all over the world.
We trade digital currency and gift cards, We also run *FREE* classes on digital asset trading. Dm us today if you need a trustworthy and fast trading partner with amazing rates.

Contact Paybuymax via:
Instagram: @paybuymaxtech
Facebook: @paybuymaxtech
LinkedIn: @paybuymax
Website: www.paybuymax.com

you can always take the advantage of bearish market and buy the dip on app like yellowcard, quidax and lot more

Ferolad1:
you can always take the advantage of bearish market and buy the dip on app like yellowcard, quidax and lot more

How does this Yellowcard work?
Is it like Binance and others.