as i said im new and looking to do investing for growth. im not asking what cryptocurrency is gonna go through the roof the next few weeks or months cause i don't think anyone knows for sure. im asking where i should start my research and what to look for in a new but promising cryptocurrency. where do i find the newest ones? on average how many new ones fail, how many kinda grow, and how many sky rocket? im new so any tips from people who have had success with this would be appreciated.
once you have cryptocurrency how do you turn it back into USD or spend it?
My advice is for you to take it slow and not invest all your money in only one project/coin. Last few months been crazy in the crypto world, this market as grown tremendously and now it's so easy for anyone to set up his own coin/project so you can expect for more than half of them to be bad investments and to most certanly fail in the first months.
You can start in
https://coinmarketcap.com/ and get familiarized with the top projects and then dig in the small to medium market cap projects and go to their Announcement threads and research about thoses project. In the slacks (chat platform of a given project) there is some good info there to, there you can see how active they are on the coin development.
Another thing, don't invest in a coin that has recently reached its all time high, especially if its a small to medium project. That migh had been a result of impulse buying from other FOMO investors and soon will get its adjustment and take several months to pass that value again or even never get to that value again.