Cryptocurrency Research - Using Google Trends

in #education7 years ago

Cryptocurrency Research - Using Google Trends. In this video, I talk about how using google trends can help traders/investors make better more informed decisions about cryptocurrencies by searching the search volume. For example, sometimes search volume of different cryptocurrencies will increase before the price, such as seen with Rise cryptocurrency over the last week. Search volume also hit all time highs on Monero as the price of Monero was still ramping up. While search volume is not everything, as more popularity and attention turns towards different cryptocurrencies, a price change may be foreshadowed. In my opinion however, I would use google trends in confluence with other factors such as fundamental analysis(news), technical analysis(charts), different groups on slack, etc., and google trends. Overall, I hope you all enjoyed the video and please like, comment, subscribe, and share. Thanks for watching!

Disclaimer-I’m not a financial advisor. Always consult with a professional financial advisor for any sort of investment advice as it is very risky and you could lose all of your money investing if you are not careful. My videos are all my opinions and should only be used for education and entertainment and not for any sort of investment advice. NEVER A RECOMMENDATION TO BUY OR SELL. MAKE YOUR OWN DECISIONS.

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