Block'tivity - The Hidden Treasure for Making a Good Crypto Investment
Introduction
It is really hard to navigate through all the noise and find the best places to invest your money. Even myself I got burned with all the ICOs that are going to revolutionize the world with the blockchain technology.
The market is in the infancy phase and the market cap is not great since the beginning of 2018. At least, with Block'tivity, we have a metric that can help us buy coins that have a real community and where transactions occur.
The real metric to track
One of the important points you need to track in the crypto space is the "activity". What I mean by that, are people using the product instead of speculating which coin will reach the moon without a product.
People are excited to make a lot of money in a short period of time. It is crazy how many shitcoins will die simply because the utility token does not serve any purpose!
The irony, most of them don't even use the product and are only interested in "Lambo" and "to the moon."
Block'tivity
Block'tivity is a website that tracks the blockchains that have real transactions and activities. You can deduce those blockchains have real value because people use them to transact in their life. It is a good indicator that those with the most activities can increase in value and survive.
The website: Blockt'ivity
The reality
We are in the far west age of the crypto world and many projects will not survive in the long run. You should put your money in projects where the real action happens.
It is an exciting space but every promising technology has to go through the same process as the automobile industry or the early days of the internet.
Last word
Invest in cryptocurrency where real activity occurs and people use it. It is your best chance to have a good starting point for your crypto portfolio.
Also, do not forget this crypto wisdom: Never invest money you can't afford to lose.
You can check those interesting articles:
- The Decentralized Exchanges are Sexy and Vital for the Crypto Space
- Changelly – An Awesome Crypto Swap Exchange Review
- BitUSD – From Steemit to Bitshares – Preserve your Crypto Wealth
- ColdTi – A Second Layer of Security for your Hardware Wallet
- Two Types of Investing for Crypto Enthusiasts
Posted from my blog with SteemPress : https://chesatochi.com/blocktivity-hidden-treasure-making-good-crypto-investment/
The site that tells you what is a real-world working product and what is bullshit.
It is a good starting point for your investigation.