www.nasdaq.com
Open in
urlscan Pro
2a02:26f0:7100:18a::1b46
Public Scan
Submitted URL: https://engage.nasdaq.com/MzAzLVFLTS00NjMAAAGCc4MFt6LuNXnevuFLSnxFp6f8D4i11I5VUnFVJpmHyq7W_y2LvA4ObAI0F2g5zjMACNu0N3g=
Effective URL: https://www.nasdaq.com/articles/new-to-crypto-look-at-these-5-most-important-factors-before-pressing-buy?utm_medium=Ema...
Submission: On February 07 via api from US — Scanned from DE
Effective URL: https://www.nasdaq.com/articles/new-to-crypto-look-at-these-5-most-important-factors-before-pressing-buy?utm_medium=Ema...
Submission: On February 07 via api from US — Scanned from DE
Form analysis
5 forms found in the DOM<form class="mktoForm" data-formid="1686" style="display:block;" id="mktoForm_1686">
<p class="mandatFields">All Text Fields Are Required</p>
</form>
<form class="watchlist-add-overlay__form">
<label class="watchlist-add-overlay__label">Add a symbol to your watchlist</label>
<div class="watchlist-add-overlay__input-wrapper">
<input class="watchlist-add-overlay__input" placeholder="Enter Symbol">
</div>
</form>
<form class="nasdaq-search-overlay__form nasdaq-search-overlay__form--transparent" autocomplete="off">
<div class="nasdaq-search-overlay__input-block">
<label class="nasdaq-search-overlay__label" htmlfor="nasdaq-search-overlay-input"> Search Nasdaq <input class="nasdaq-search-overlay__input" type="text" id="nasdaq-search-overlay-input" placeholder="Keywords, Symbols, Products, Authors">
</label>
<button type="button" class="nasdaq-search-overlay__clear-search">Clear</button>
</div>
<button type="submit" class="nasdaq-search-overlay__button">Search</button>
</form>
POST
<form method="post" class="textarea-field__form">
<div class="textarea-field">
<a class="textarea-field__label-link" href="#symbols-text-input">
<label class="textarea-field__label" for="symbols-text-input" id="symbols-label">Add up to 25 symbols</label>
</a>
<div class="textarea-field__body js-textarea-field-body">
<tags class="tagify textarea-field__input js-textarea-tagify-input tagify--noTags tagify--empty" tabindex="-1">
<span contenteditable="" data-placeholder="" aria-placeholder="" class="tagify__input" role="combobox" aria-autocomplete="both" aria-multiline="false" id="symbols-text-input" aria-describedby="symbols-field-note" aria-controls="symbols-menu"
aria-expanded="false"></span>
</tags><input class="textarea-field__input js-textarea-tagify-input">
</div>
<div class="textarea-field__note" aria-live="assertive" id="symbols-field-note">
<p>To add symbols:</p>
<p>
</p>
<ul>
<li>Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return.</li>
<li>Copy and paste multiple symbols separated by spaces. </li>
</ul>
<p>These symbols will be available throughout the site during your session.</p>
</div>
</div>
<button class="c-btn ">Save data</button>
</form>
POST
<form method="post" class="textarea-field__form">
<div class="textarea-field">
<a class="textarea-field__label-link" href="#symbols-text-input">
<label class="textarea-field__label" for="symbols-text-input" id="symbols-label">Add up to 20 symbols</label>
</a>
<div class="textarea-field__body js-textarea-field-body">
<tags class="tagify textarea-field__input js-textarea-tagify-input tagify--noTags tagify--empty" tabindex="-1">
<span contenteditable="" data-placeholder="" aria-placeholder="" class="tagify__input" role="combobox" aria-autocomplete="both" aria-multiline="false" id="symbols-text-input" aria-describedby="symbols-field-note" aria-controls="symbols-menu"
aria-expanded="false"></span>
</tags><input class="textarea-field__input js-textarea-tagify-input">
</div>
<div class="textarea-field__note" aria-live="assertive" id="symbols-field-note">
<p>To add symbols:</p>
<p>
</p>
<ul>
<li>Type a symbol or company name. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return.</li>
<li>Copy and paste multiple symbols separated by spaces. </li>
</ul>
<p>These symbols will be available throughout the site during your session.</p>
</div>
</div>
<button class="c-btn ">Save data</button>
</form>
Text Content
Skip to main content * Market Activity CLOSE * Market Activity * Stocks * Funds + ETFs * Indexes * Commodities * Cryptocurrency * Currencies * Futures * Fixed Income * Global Markets * Quick Links * Real-Time Quotes * After-Hours Quotes * Pre-Market Quotes * Nasdaq-100 * Symbol Screener * Online Brokers * Glossary * Sustainable Bond Network * Symbol Change History * IPO Performance * Ownership Search * Dividend History * Market Events * Economic Calendar * Earnings * IPO Calendar * Dividend Calendar * SPO Calendar * Holiday Calendar Analyst Activity * Analyst Recommendations * Daily Earnings Surprise * Forecast Changes * Commodities * Gold * Copper * Crude Oil * Natural Gas Nasdaq Data * Statistical Milestones * Total Returns * Daily Market Statistics * Most Active See All Market Activity * News + Insights CLOSE * * News and Insights * Markets * Companies * Cryptocurrency * Technology * Personal Finance * Financial Advisors * Topics * Blockchain * Commodities * Earnings * Governance * IPOs * Retirement * Stocks * Features * Inclusive Entrepreneurship * World Reimagined * Smart Investing * Innovation Realized * Market Makers by Phil Mackintosh * TradeTalks * Nasdaq Watch * World Reimagined Podcast See All News + Insights * Solutions CLOSE * Raise & Access Capital * List with Nasdaq * Nasdaq Private Market * Nasdaq Fund Secondaries * Investor Relations Intelligence * Nasdaq Direct Listings Optimize Governance Practices * Board Portal Software * Board Assessments & Evaluations * Nasdaq Center for Board Excellence * ESG Reporting/Data Management * Corporate Services COVID-19 Center * Directors’ and Officers’ Questionnaires * Transform with Technology * AFC Technology * Market Infrastructure Technology * Non-Traditional Exchanges & New Markets * Catastrophe Risk Modelling * Gain Market Intelligence * Nasdaq Data Link * Investment Data & Analytics * Market Data & Feeds * Nasdaq Global Indexes * Institutional Distribution Intelligence * Nasdaq Asset Owner Solutions * Nasdaq Private Fund Solutions * Trade Global Markets * Equities * Equity Derivatives * ETFs & ETPs * Fixed Income * Commodities * Connectivity * Post Trade Services * Clearing * Exchange Oversight * Sustainable Bonds See All Solutions * About CLOSE * * Our People * Board of Directors * Careers * Press Center * Contact * Quick Links * Diversity, Inclusion and Belonging * Nasdaq Marketsite * Investor Relations * ESG Reporting Guide * European Markets * Nasdaq Nordic Foundation * Nasdaq Thought Leadership * Nasdaq Initiatives * The Purpose Initiative * TotalMarkets * Public Policy Advocacy * ESG at Nasdaq * Nasdaq Entrepreneurial Center * Nasdaq Ventures * Nasdaq and the Cloud See All About * Log in Latest News Data is currently not available * Monte dei Paschi posts Q4 loss as bad loans rise6 mins ago * It's Happening Again -- Shiba Inu Goes Parabolic, Shooting 38% Higher Today13 mins ago * Why Nvidia Stock Popped Again on Monday14 mins ago Markets BTC $43652.70 2000.4 +4.80% NEW TO CRYPTO? LOOK AT THESE 5 MOST IMPORTANT FACTORS BEFORE PRESSING "BUY" Contributor Neil Patel The Motley Fool Published Feb 3, 2022 8:25AM EST * * * * Explore more articles like this Visit Smart Investing There's been no better asset class to invest in over the past five years than cryptocurrencies, with a return of 9,400% since February 2017. I'm sure this astronomical gain has caught your attention, even though you might not be comfortable with your understanding of the industry. If you're a crypto newbie, you don't want to overlook these five key factors. They'll round out your knowledge of this complicated asset class before you decide to invest. Image source: Getty Images. 1. EXTREME VOLATILITY If you think the stock market is volatile, you're in for a surprise. Digital assets are much more volatile. Even Bitcoin (CRYPTO: BTC), the world's most valuable, most developed cryptocurrency, experiences price movements of 5% or more regularly. You know your own emotional and psychological makeup best. So being able to ride out the inevitable ups and downs, and avoiding any panic, is absolutely necessary to give yourself the opportunity to achieve great returns. It's very important that you understand your investing time horizon as well. If you plan to be an investor for decades, allocating a small amount (1% to 2%) of your portfolio to cryptocurrencies is a smart idea. However, if you're close to retirement, it's probably best to stay away. 2. SHOW ME THE UTILITY I believe that the most critical determinant of whether cryptocurrencies stay relevant and gain importance in the future is if there are real-world use cases. Ethereum (CRYPTO: ETH) is showing major promise in this regard. Thanks to its smart-contract functionality, Ethereum has been a popular platform for the creation of decentralized applications, or dApps. These span services ranging from gaming and social media to finance and identity, all without the need for a central intermediary. Stay away from meme coins like Dogecoin and Shiba Inu. Instead, look for cryptocurrencies that demonstrate the potential for actual utility. Cardano and Solana are two that also stand out. 3. HOW MUCH DEVELOPER ACTIVITY? In the same vein as looking for use cases, a cryptocurrency's chances of success depend upon the number of developers working on the platform. Although there is a ton of talent gravitating toward the crypto industry, the smartest people are only going to work on the most promising projects. According to venture investment firm Electric Capital, Ethereum was the top in this category, with 4,000 monthly active developers working on it. Since cryptocurrencies are still such a nascent technology, there are always improvements that can be made to better serve the growing community of users. Therefore, to have a lot of developers working on a particular cryptocurrency shows that there is continuous progress being made. 4. UPCOMING CATALYSTS Before jumping into the crypto waters, it's worth knowing if there are any near-term catalysts that could have a significant impact on a particular coin's price. Usually, projects with more developers will tend to have greater catalysts, as there are always new upgrades being introduced. Let's go back to Ethereum. It's in the process of transitioning from a proof-of-work consensus mechanism to a proof-of-stake one. This is an immense challenge, exacerbated by the fact that the network is still running while the upgrade is being implemented. Unsurprisingly, there is a lot of uncertainly around the execution of this event. But if it can be integrated with no major issues, you can be sure that Ethereum's market value will rise. Cardano is also in the middle of adding new scalability and governance features, both of which should support a higher token price. 5. REGULATORY FRAMEWORK This last factor relates to the entire crypto ecosystem, and keeping an eye on it is of the utmost importance. I'm talking about government regulation, which in my opinion is the biggest question mark in regard to the trajectory of the crypto market. Last year, China effectively made it illegal to hold, mine, or transact in digital assets. And the White House is expected soon to give various governmental agencies the power to study and regulate cryptocurrencies as they deem necessary. Innovation always moves faster than regulation -- just look at the large tech companies. But if you want to invest in crypto, you should be aware that regulation is changing and constantly developing. And new rules might not be favorable for the industry. 10 stocks we like better than Bitcoin When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Bitcoin wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of January 10, 2022 Neil Patel owns Bitcoin and Ethereum. The Motley Fool owns and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. TRENDING TOPICS * Markets * Stocks * US Markets * Personal Finance TRENDING ARTICLES * 2 Unstoppable Stocks to Buy and Hold Forever 2 days ago * Why Dogecoin, Shiba Inu, and The Sandbox Are Gaining Today 1 day ago * #ShibArmy Rejoices Following Tasty New Partnerships for the Shiba Inu Crypto 3 days ago * Best Stocks To Invest In 2022? 4 Gaming Stocks For Your List 1 day ago Explore more articles like this Visit Smart Investing IN THIS STORY BTC DOGE ADA SOL OTHER TOPICS Cryptocurrencies Smart Investing LATEST MARKETS VIDEOS Now Playing Frontier Offers $3 Billion for Spirit Low-Cost Airline Tie-Up Feb 07, 2022 Now Playing The Canadian Trading Market And Retail Investor Trends Feb 04, 2022 Now Playing The Week's Top Stories: Meta Worse, Snap Back & Chips Back on Track Feb 04, 2022 Now Playing U.S. Employers Shrug Off Omicron, Add 467,000 Jobs in January Feb 04, 2022 See more videos Explore more articles like this Visit Smart Investing THE MOTLEY FOOL Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off. Learn More EXPLORE MARKETS Explore MOST POPULAR * The Only Way Shiba Inu Will Ever Reach $1 Jan 29, 2022 * Facebook Parent Meta Platforms Shares Tank 20% On Q4 Earnings Miss, Weak Outlook 4 days ago * Shell Plc Announces Assimilation Of A Shares And B Shares - Quick Facts Jan 31, 2022 * Starbucks CEO Kevin Johnson's 2021 Total Compensation Rises 39% To $20.43 Mln Jan 31, 2022 Market Makers Sign up for our newsletter to get the latest on the transformative forces shaping the global economy, delivered every Thursday. All Text Fields Are Required Thanks for submitting! * Investor Relations * Contact * Careers * Advertise * Mobile Apps * Nasdaq MarketSIte * Trust Center * Newsletters * Chrome Extension * Privacy Policy * Cookies * Legal * Do Not Sell My Personal Information (CA Residents Only) * * * * * * © 2022, Nasdaq, Inc. All Rights Reserved. My Quotes * My Quotes * Watchlist * Portfolio Add/Edit Symbols View as Table Add symbols now or see the quotes that matter to you, anywhere on Nasdaq.com. Start browsing stocks, funds and ETFs, and more asset classes. / * Add/Edit Symbols Edit Watchlist Your Watchlist is empty. Add/Edit Symbols Create your Watchlist to save your favorite quotes on Nasdaq.com. Log in or create a free account to get started. 1/2 * Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Go to Smart Portfolio Back Add a symbol to your watchlist Most Active Data is currently not available Search Nasdaq Clear Search Data is currently not available No Results Found TOP SEARCHES Lumber PricesDogecoinIPO CalendarEarnings CalendarWorld Reimagined TRENDING SYMBOLS TSLAAAPLAMCAMZNGME TRENDING ARTICLES What Will Drive the Stock Market in 2022?3 ETFs Following Nasdaq Indexes to Add to Your 2022 WatchlistNasdaq Dorsey Wright Year End Review and What to Watch for in 2022Should Investors Be Worried About COVID in 2022?5 Stats That Prove You Need to Start Investing Right Now RECENTLY VIEWED SYMBOLS aaplgoogfbamznnflx Data is currently not available EDIT MY QUOTES Add up to 25 symbols To add symbols: * Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. * Copy and paste multiple symbols separated by spaces. These symbols will be available throughout the site during your session. Save data Data is currently not available YOUR SYMBOLS HAVE BEEN UPDATED You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Continue Data is currently not available EDIT WATCHLIST Add up to 20 symbols To add symbols: * Type a symbol or company name. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. * Copy and paste multiple symbols separated by spaces. These symbols will be available throughout the site during your session. Save data prerender,Googlebot,Bingbot,Yandex