RE: How to Evaluate Cryptocuyrrencies in this information Jungle?!?
@knircky! For a long time I have't read so reasonable view on crypto sphere. So i must contribute some of my thoughts about evaluating cryptos.
Do we need to evaluate cryptocurrency differently?
Definitively we have to develop new approaches. As you mentioned open mind is crucial factor. There is so many new phenomena to explore in crypto space that we have put all our effort in spotting new patterns never to be discovered yet. More we can detect the better will go along in coining our profits.
Thanks for finding this NVT signal thing. I think that more innovative gauges and tools will emerge and we have to keep exploring that stuff to be able for new discoveries.
What are the criteria of evaluation?
I think that for now everything is running around Bitcoin. Still, all altcoins are highly correlated with Bitcoin. Bitcoin is like a whale all other small fish fallow him.
But on the other hand we have to observe any deviations from the main stream in all means. Here I think of properties like new technology breakthroughs, better connectivity with real word (and current financial system), good decentralization properties of particular projects and possible good hardware solutions in crypto sphere.
p.s. check my TA here @, it is still valid. I don't post about price movement three times a day as some TA prophets do here on Steemit. When I have to say something I try to make an important point as you done in this post here. Here @ is also a list of my older posts, in my opinion still worth to read.
This is one of the best posts I have seen on here, especially the following paragraph really stands out
Thank you and this blog is about blockchain related to my comment, check it here @ and also my older colection @@.
Glad that you move this comment upwards, because I think that is good continuation of your thoughts in this post. Thanks!
Aslo I recomanded this TA post @. @mazharkazmi deserves some SBD boost because this analysis is the best one I read for a long time. Mature thinking about trading.
Not like a lot of shitty spam pumping TA from greedy TA prophets flooding Steemit just to milk reward pool with some times almost misleading information about price movements.
Reading their stuff sometimes make me seek.
@knircky
I am very poor student
So, please upvote my post as donate
Please please
I flag your post because begging will drive you nowhere. If you continue this way, you can expect more downvotes (flags) only.
The right way is to start quality posts not only a picture or video and short comment. For start read some high quality posts from @curie project. Express yourself and grow your knowledge.
This explanation is intended to encourage you to be better and smarter. Keep on hard work and you will get rich!
How I will get rich man?
please tell me bro
Why you downupvote?😖😖😖
down?
Read comment to your flagged post!
How much Bitcoin will raise again
Same question from my side also
i upvoted you happy :) ?
I've long know steemit, but now I got to focus. Help me to vote.
Dis was nice and very helpful..
Here is another blog about blockchain, check it here@.
Be nice man!