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Essential Investment Checklist: Key Steps for Smarter Decisions
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Essential Investment Checklist: Key Steps for Smarter Decisions
This is my personal investing checklist that I follow every time I decide to make an investment.
A checklist helps prevent this by keeping me focused, avoiding past errors, and ensuring I always remember key lessons.
✔️ Is this a falling knife? Wait until it bottoms before buying.
✍️ Have you written down a strong counter-argument for why this investment might fail?
💰 Have you assessed the liquidity to ensure easy entry and exit?
📊 Is the trading volume strong enough for a smooth trade?
📉 Have you reviewed the FDV & unlock schedule to understand token supply dynamics?
📅 When was this project launched? Older projects may have more stability.
🌐 Have you explored the project’s website for legitimacy and clarity?
📢 Have you reviewed their Twitter activity and engagement?
💬 Have you checked their Discord for community updates and sentiment?
🧐 Do you fully understand this project’s value proposition?
🚀 Did this project recently experience a price pump?
⏳ Are you considering this for a short-term or long-term trade?
📈 If short-term, how does the overall market look?
🔍 Are there any upcoming catalysts that could drive growth?
🎯 What is your exit plan for this investment?