Crypto prices from the moon are coming back down to earth, from price speculation to real valuation. 📉 📈
For short term investments made as price speculation timing was everything. Technical analysis was helpful buying or equally important selling at the right time to make a profit.
For longer term investments everything is important, mainly investing in crypto with real value, not just at the right time. Fundamental analysis helps in making the right choices.
There are some existing real value blockchain use cases. Bitcoin (distributed ledger) can be used to send money around the world faster than with traditional in between banking (central ledgers) system, with almost no middleman. To convert between crypto Bitcoin and fiat Dollar intermediary is still needed, but it can be in a form of app or exchange (lower fees, costs and provisions). Steemit, decentralized social application, can be used to earn money providing content.
There are some projects in development, in addition to already successful projects, with the same developers involved. One more commonly known project is EOS, decentralized operating system. It comes with the other way around approach, from application to operating system development, from initial coin offering to airdrop investment (to address performance, scalability, audit and legal issues). 🚀 ✈
Please follow if you would like the next posts about less known, potentially undervalued projects (usually burning less investors money for hyping, listings and focusing more on development, utility). About crypto to crypto exchange token, making a profit for the "hodlers" with each trade. 📊
These are exciting times for blockchain technology.
Thank You for reading and commenting. Use this information at your own risk.
