Yeah predicting which cryptos will be the winners is the hard part unfortunately.white belt wrote: ↑Wed Feb 17, 2021 12:29 pm@iopsi
I agree, tokenization is the way of the future and there will be massive structural changes as a result of it. My issue is, I'm not sure how to predict who will be the winners and the losers? We are in the early days of a space race between every cryptocurrency developer. Soon it will also involve every sovereign nation and central bank. Everyone is vying to be the next platform on which this tokenization will be built on top of. Hence why I say the crypto space is largely a speculative trade, with associated risks.
Kinda like in the internet company days i guess (i didn't experience that tbf as i was too young but it's something i frequently see mentioned).
There is no obvious way to value them but i think a good place to start is stuff like:
https://blocktivity.info/
https://www.cryptomiso.com/
The first gives measures of activity and ratios of activity&markecap compared to bitcoin (so if a crypto has much more activity but much less marketcap, it is considered undervalued).
The second gives a github developer activity, which could be used as another measure of the potential/seriousness of a crypto.
Then there is just reading about the specific cryptos, the people & institutions behind them, perhaps their white papers too if one has enough technical knowledge, using them, etc.
The value of some projects might still not effectively be covered by these measures tho.
Some might have a greater moat than others (for example XMR for darknet market transactions).
Number of users and of d-apps could be other useful metrics.
Obviously none of this is a surefire way to pick the winners and make thousands % of return, but better than nothing....
Also i would add some amount of diversification between various mainstream coins and supposedly undervalued coins (based on the above metrics etc).