A simple checklist to select a coin for Investing

1. Total market cap > $100 m

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1. Average daily volume for last 50 days should be > $5m

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1. Must trade above its 50 DMA

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1. Should have an actual use case

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1. Only invest if you understand the technology behind it

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1. The founders should have <10% of total supply

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1. Buy only if you can hold it for next 3-5 years

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1. Limit the total no of coins you own (<20)

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1. Do not Invest more than 10% of your liquid net worth in a single coin.

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1. Never forget to go through the checklist before investing.