The Importance Of Fundamental Analysis In Crypto

in crypto •  last month 

So fundamental analysis is essentially comparing and contrasting the team, the stats, right?

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The stats of the coin, there's like stats, like their marketing abilities, their liquidity, their team, how legit is their team?

How good is their, you know, narrative?

Like there's literal stats and you can compare and contrast them to kind of figure out which one is the most fundamentally sound.

And I could sit there and run these through a list. And so what we're looking at again, is liquidity pools within to one to $5 million range on Ethereum specifically, right?

And we're looking for the meme coinsand then I'll just kind of run through this.

And I'll look for different meme coins. I'll look for the legitimate, you know, projects I'll compare and contrast them. We never had this before, but now they have it.

You could actually look at the liquidity providers and that's for another tutorial, but I can essentially use a software called Arkham. And in Arkham, I can follow the liquidity providers to see how sketchy they are.

Are they pumping, dumping coins?

I can essentially make a transaction path on the liquidity providers to see if they're scammers or not, right?

And this will add to the credibility side because it's important to protect your funds, right?

And I'll look into those details.

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