What are Noah Yavitz's recommendations for investing in altcoins?

1 answers

• Mar 15, 2022 · 3 years ago
  As an expert at BYDFi, Noah Yavitz has extensive knowledge of altcoin investments. He recommends considering the liquidity and trading volume of altcoins before investing. Higher liquidity ensures that you can easily buy or sell your altcoins without significant price slippage. Noah also suggests keeping an eye on the altcoin's market capitalization and trading pairs available on different exchanges. This can give you an idea of the altcoin's popularity and potential for future growth. Additionally, Noah advises staying updated with the latest regulatory developments and compliance requirements in the cryptocurrency industry. Compliance with regulations can help protect your investments and ensure a safer trading environment.
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