Disclaimer: This are just my opinion and based on my own experience. Not a financial advise or anything.
Cauldron is one of the active site or app where you can easily buy different CashTokens using BCH. Transaction is fast, easy and fees are low.
It has a reminder to always conduct your own research before buying a token.
But what should I consider before buying any CashToken in cauldron?
Here’s a few:
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Does the token is claimed by it’s owner or creator?.. For me this one is important. Let’s be real, some tokens on cauldron can be a scam. So knowing it’s owner or if it’s being promoted on other sites can be a good point.
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Liquidity / supply… This one is the most important. I actually invest in tokens with high liquidity and also consider it’s supply. Some has a large supply but small liquidity, means you can’t trade or sell much of it considering the limited funds it has.
Again, this are the things I consider before I buy a token. Feel free to share your own, and maybe it can help others especially those who are starting their cauldron journey.
Selene wallet: bitcoincash:qpkq94ym2tu6pynjv0tult9rkezjghqnqc3m4mjm0g
Zapit username: chubschubs