Every time I write here in this space I am careful not to say good or bad about any crypto. It doesn't make me feel very comfortable knowing that someone may have read a post of mine and been influenced by it to buy or stop buying any asset.
I recently wrote about #troy , #usual #bio , #kaia e #lever (that's all I remember).
Well, what everyone who read my posts needs to know is that I am NOT a crypto master or an expert in the ins and outs of this market. I'm an old stock market trader. My experience in cryptocurrencies is only 3 years and a maximum movement of 2.000$ per operation. I use some indicators from the time I was working (the 90s) to try to navigate this new market. Amazing how similar they are (stock exchange and cryptography). The graphic figures are the same since the 90s. The difference is that we analyze balance sheets there and white papers here. Everything else is very similar. Among the differences I notice are:
1) Balance sheets are more reliable. White Papers have a lot of subjectivity to make the asset look better.
2) The marketing of cryptos is impressive, the communities that form around an asset resemble an artist's fan club.
3) In a company, it is possible to value, almost exactly, the price of a share. The real value of cryptos is more complicated to know.
4) This is a more marginal market than the stock market. I don't say this in a derogatory way, the stock market itself has, in the past, been seen as a place for gambling and not for investment.
5) Here we are much, much more vulnerable to losing 100% of the investment than there, on the other hand the opportunity to make 10, 15% or more in just a few hours is much greater here.
That's it for today. Remembering that no one should ever take a position influenced by what I write. I'm also an apprentice here.
Hugs.