Just starting my education of cryptos, so excuse my uninformed question. How do you evaluate the possibility of a certain crypto will go up. Is it based on the utility of the coin? Since there are so many, it's difficult to figure a method of evaluating if the crypto is a good or bad investment.
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It's the wild west of cryptos right now, but your idea is one way for that to be evaluated.
It is kinda crazy times right now.
I do not invest in coins or people I do not believe in, so similar.
If a coin does not solve a problem, or present a use-case fix, I don't consider it really even for speculation in most cases.
Good point.