All asset classes are valued by supply and demand. Here's a rare crypto max supply & current supply comparison list with the tickerTracker MFI Oscillator set to 20 on the 1 day chart:
YFI 36,666 (36,638 current supply) MKR 1,005,577 (977,631 current supply) QNT 14,612,493 (12,072,738 current supply) AAVE 16,000,000 (14,093,193 current supply) BTC, BCH 21,000,000 (19,254,475-19,276,638 current supply) ZEC 21,000,000 (16,081,881 current supply) LTC 84,000,000 (71,995,917 current supply) BAL 96,150,704 (46,454,889 current supply) ETH +1,600 / day max inflation (122,373,866 current supply) ETC 210,700,000 (138,832,003 current supply) BNB 200,000,000 (159,963,667 current supply)
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation
7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list