Analyzing a crypto should be done the same way you would analyze a stock.  EIC stands for Economy Industry and Company.  If the economy is doing good or bad what will this mean for the industry, and if the industry is doing good or bad what will this mean for the company.  You cannot have a good analysis of a company without all three components.  How many people jumped into purchases without knowing what the companies do?  What the competition is?  They hear from a friend, that heard from a friend, that this is a good investment, so they jump on board, it starts to soar, then the price crashes.

So how do we apply this to the world of crypto securities.  Like the stock market you need a way to analyze each and every crypto you purchase.  I have always looked at investing in long term.  Yes you can make your millions in minutes, but most people end up loosing, sooner or later.  Timing has to be perfect with day trading, and do you have the time to watch the markets 24/7.   Most people don't have the time, due to working full time jobs, going to school, or raising kids to manage day trading.  And yes there are programs that allow a person to do this, but its only as good as the programmer that developed it.  Risk it if you want, but I have to many people depending on me to make smart decisions.

So getting back to crypto.  Crypto assets purchases need more analysis.  What is the value that a certain crypto is going to bring to its users?  What will make it valuable in the future?  

When analyzing crypto you need to look at what is going on in the World, In the Economy, in the Industry, and in the crypto.  So I am going to coin a new type of analysis called WEIC.  Here are just a small snapshot of some of the issues that you should be looking at.  

Analysis takes time, it takes effort, and its not always easy, but neither is having to work extra hours because your investments have crashed.   Take your time, you might miss out out on a few investments but if you do your due diligence, you will have knowledge to make wise decisions.  Use the tools that are available, Coinbase has short videos that explain what each crypto is used for, Coinmarketcap has information on prices, analysis, and current news.  PublishOx has a wealth of information and ideas.  Use what is available to make informed decisions.