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How to find bitcoin and other crypto asset ‘fundamentals’

How to find bitcoin and other crypto asset ‘fundamentals’



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5 Comments

  1. there are mainly 2 types of coins that you can evaluate for fundamentals.

    1) currency coins – this market is pure speculation as their main usage is remittance and can still work even if they are at one cent per coin. there’s no benefit in holding these coins except to hope for a bigger fool to buy at a higher price.

    2) Technology coins – the value comes from both speculation and its value of replacing the existing infrastructure and create new business opportunities. there is somewhat benefit of holding these coins in a similar fashion of a growth stock or gaining network resources

  2. tldr; Goldman Sachs’ economics research team compared the value of digital assets like Bitcoin, Bitcoin Cash, Dash, and Zcash to the value they should have based on the amount of user growth compared to their market capitalization. Bitcoin’s value rose 520% from its 2018 average, while its network only grew between 60% and 100% in the past few years.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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