1) ⚠️ FA CLASSES PART 1 HOMEWORK REVIEW⚠️
You were given the assignment to review 2 projects based on ''general concept'' only.
• $XVG
• $BAT
Here's my review on how I work to deem a cryptocurrency worthy to investigate further 🧵 👇
You were given the assignment to review 2 projects based on ''general concept'' only.
• $XVG
• $BAT
Here's my review on how I work to deem a cryptocurrency worthy to investigate further 🧵 👇
https://twitter.com/CryptoGirlNova/status/1625211894415114240
2) There's no right answer for part 1 of our ''FA analysis classes".
Part 1 is just the selection that you feel is worth considering since you can't research every single project that is recommended to you.
That being said, there are common things to consider.
Part 1 is just the selection that you feel is worth considering since you can't research every single project that is recommended to you.
That being said, there are common things to consider.
3) $XVG is aiming to be a digital payment currency.
In a world where we have hundreds of these with bitcoin, litecoin, xrp and many more I wouldn't consider #Verge a deeper look.
If the first movers aren't ''yet'' breaking through how will the 10th one?
My research stops here.
In a world where we have hundreds of these with bitcoin, litecoin, xrp and many more I wouldn't consider #Verge a deeper look.
If the first movers aren't ''yet'' breaking through how will the 10th one?
My research stops here.
4) $BAT is the currency of choice behind one of the first and MOST used crypto browsers.
In a world where we have billions of people using the internet we could definitely benefit from a blockchain enhanced browser.
I consider the concept intriguing to investigate further.
In a world where we have billions of people using the internet we could definitely benefit from a blockchain enhanced browser.
I consider the concept intriguing to investigate further.
5) It's worth to note that you can further research both of these if you really want to.
Time is a limited asset however and more than a dozen of new cryptocurrencies are thrown at us daily.
You can't research all of them so you need to make a preliminary selection.
Time is a limited asset however and more than a dozen of new cryptocurrencies are thrown at us daily.
You can't research all of them so you need to make a preliminary selection.
6) Unlike part 1, the other steps do have a more ''right or wrong'' kind of approach.
But it's here where we make the decision and that makes it important in itself.
But it's here where we make the decision and that makes it important in itself.
7) I chose $BAT because it's a first mover in solving a problem.
I didn't choose $XVG because it's solving a problem 20 others have tried to solve before it.
Purely from a statistical point of view $BAT has a better chance at succeeding.
#BAT deserves the full FA analysis 📘
I didn't choose $XVG because it's solving a problem 20 others have tried to solve before it.
Purely from a statistical point of view $BAT has a better chance at succeeding.
#BAT deserves the full FA analysis 📘
8) If you like these classes make sure to put on your notifications for the next upcoming ''FA SERIES''.
This is where the REAL part of our investigation and full fundamental analysis begins.
Stay tuned ⏰
Nova out 💟
This is where the REAL part of our investigation and full fundamental analysis begins.
Stay tuned ⏰
Nova out 💟
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