Hey everyone, it’s Crypto Bobby.
Today I’m talking about why MATIC isn’t the first coin in my portfolio.
When I’m looking at adding a new coin to my portfolio, there are a few key factors that I consider before investing.
The first is the team behind the project. Who is developing the project and what kind of experience do they have? When it comes to MATIC, the team is made up of experienced blockchain developers who have worked on other successful projects.
The second factor I consider is the market cap. How much is the coin worth and how much of the total market cap is it responsible for? MATIC has a relatively low market cap, which means that any large investments could cause the price to skyrocket.
The third factor is the roadmap. What are the team’s plans for the future and how likely are those plans to be successful? MATIC has an ambitious roadmap and the team is working hard to reach their goals.
The fourth factor is the use case. What is the coin used for and how does it benefit its users? MATIC is used to facilitate transactions on the Ethereum blockchain, making it faster and more affordable.
The fifth factor is the liquidity. How easily can I buy and sell the coin? MATIC is listed on several major exchanges, making it easy to buy and sell.
Overall, MATIC is a great project and I would definitely consider adding it to my portfolio. However, there are still a few other coins that I’m looking at more closely that I think have more potential.
Thanks for watching, and I hope this video was helpful.
