One of the ways to find out the true VALUE of a Blockchain
One of the problems I faced during my early days of cryptocurrency investment was the tendency to believe that crypto with huge market capitalization was good crypto with great future value.
I never knew was wrong until I went to study more about cryptocurrency investment. There are several ways to spot a good coin and looking at the huge market isn't really a good way.
I remember the days of bitconnect, with huge market capitalization, I even bought some even reading about it. What got my attention at first was its position on coinmarketcap and huge market capitalization. But guess what? That coin crashed: Looking at its position on the coinmarketcap.com is not the only way.
As a matter of fact, most coins that I personally consider good coins are not even in the top 10, please note that I am not saying the current top 10 are useless, currently HODL all of them, I am just trying to make you see crypto from another angle.
One way to know a Blockchain whose coin could hit big in the future is by checking what the Blockchain can do.
One of the tools I use to check out the transactional activities of a Blockchain is through blocktivity.info
@samstickkz has done it again. Always on point! Thanks for the enlightenment.
lols
i actually jumped into the crypto without even knowing the coinmarketcap (just imagine)
it was here on steemit that i even came to know about other coin, and that was when i was doing my first cash out and i was like, whats this etheruem here self?
was a very crazy experience, all i do then was luno....lols
Lol, those early days
I remember buying tether (USDT)without even knowing its use. I felt it was cheap i should just get it. Only to find out its real use.😀
I once made the same mistake. Did no research and bought a coin while it was at an ath. Still regretting it
My brother, that knew has happened to me too oh
Thanks @samstickkz for sharing these. I always thought the coin with highest price will be a good coin. But after reading these i need to know more bout some coin which can be big in the future
Yes, doing research is important
We had same experience.... Thank God have learned too... Nice post.
Thank you sir
Superimpressive sir. Thanks for the informative update. I learnt alot from the video