Cointobuy.io is dedicated to offering investors the best possible tools to help them make their investing decisions. While you may have spent a good deal of time learning about a cryptocurrency or ICO and evaluating its offering, have you considered other cryptocurrencies as well? This is a step that many investors often miss, and it can be the difference between fat profits and disaster. While a project may look wonderful by itself, when you compare it to another, it may start to lose its luster.
It's important to evaluate the competition, because it's a huge determining factor in which investments other investors will flock to and which ones individuals will want to use. Even small differences can turn the tables, and it's important to keep up with them. In this section of the site you'll be able to quickly compared different assets to get an idea of how they stack up against each other!
Let's say you wanted to compare cryptocurrencies. Using this page you could pit Bitcoin against Ethereum to see which has the most promising return rates for you. This page will give you all of the metrics you're used to seeing on the single pages, but it will allow you to quickly see exactly where Bitcoin stands in comparison to Ethereum on safety ratings, user opinion, social followings and more.
You can use this to perform an ICO comparison as well to see if the ICO that you have chosen is really worth investing in or not. Sometimes using an aggregator like this can help you see things that you have missed, and being able to see the data right next to each other is a valuable tool that could help you avoid making costly mistakes! When you start using these tools there's a few questions that you should ask yourself in order to come to a decision.
Have you done a crypto exchange comparison on the asset?
If you have not evaluated the difference between the exchanges an asset is offered on, then why not? This is very important, because an asset on a low volume exchange may have a very hard time performing if nobody can buy it. A low value asset that is on a high value exchange might actually be more valuable.
What about the social and search trends?
An investment might look good on paper, but with a little research you could find that they have no social following. This is a death sentence for cryptocurrency projects, and if you're trying to decide between investing in two similar coins or tokens, this will surely be the determining factor.
What does the marketcap look like?
While getting a good deal is of course the idea, sometimes things are not a good deal. Sometimes you are simply buying into a dying cryptocurrency asset. By using the compare feature, you can analyze the trading data for multiple projects to make it easier to pick the option with the highest likelihood of success. This allows you to avoid anything with falling trading volume that could turn into a dead coin.
How do other Cointobuy users feel about it?
Social cues are important, but Cointobuy users are other investors! Part of what gives your investment value is the fact that these people are investing in it. If the public opinion of one of the coins or tokens you are considering is low, then you may want to think twice. It's possible that this sentiment could lead to a mass exodus of investors from your project, and that could be disastrous. Using our tool you can compare multiple crypto projects to gauge public opinion before buying.
Why stop with comparing coins and ICOs though? Did you know that Cointobuy also allows you to compare cryptocurrency exchanges with one another and to even compare countries! These features can also be helpful in choosing your investments. Bad exchanges and countries with heavy regulations can be detrimental to your investments, and having a way to easily glance over the data associated with both can make your decisions much easier if it's down to two assets. Using these tools will easily allow you to see which of your options is more popular at a glance.