DISCLAIMER: The intention of this post is not to actually teach you how to scam people (it’s wrong you idiot!) but to raise awareness on how easy it is to do and to fall for. A lot of newcomers are getting familiar with the world of cryptocurrency and looking for investment options so having as many warnings out there as possible is never enough. Better be safe than sorry.
Today we’re excited to announce that we’re on track to become a US-regulated blockchain securities trading venue. We believe this is an important moment not only for Coinbase, but the entire crypto ecosystem. https://t.co/3grNDa6l9Z
— Coinbase (@coinbase) June 6, 2018
Since the inception of cryptocurrency the quest to find a framework for fundamental analysis and token valuation has been a never ending journey. Very few investors have experience in predicting and anticipating the economic growth of new asset classes. There are no existing industries whose historical data directly correlates to the growth of cryptocurrency. One of the closest correlations would be the stock market during the 1970s — 1980s however even that is not a comparable match.
The distinct lack of publicly available financial metrics or regulated information of any kind means that accurate judgements are hard to make. Therefore, you must design a Fundamental Analysis framework based on predictive logic and even though you don’t have all the answers, there is still a lot you can do to discern high quality projects from their vapourware neighbours.
- Market potential
- Adoption strategy
- Room to grow