The data problem of cryptocurrency investors

The cryptocurrency investor community is enjoying an exponential growth in both number of investors and total investment amount. Those who have invested early are now thinking of low-risk, long term portfolio strategies to preserve what they've earned. Those who have joined recently are betting their hard earned money on altcoins that they consider
to have a bright future. Programmers, entrepreneurs and venture capitalists are now attracted to the space, and they relentlessly study the new science of cryptoeconomics and the ICO business model. Blockchain mining is attracting more capital as well, with miners in some cases buying out the whole supply of GPUs of entire nations.

One of the reasons for such growth is the disruptive nature of cryptocurrencies. For the first time in our civilization's history you can transact with untrusted third parties without requiring a government to function as the warden that can enforce the contract with its military might. The biggest breaking change this caused is that it opened the door to the world of investing for the underserved cohort of people that don't meet the required minimum investment amount threshold.

And yet, most of the newcomers invest based on what they hear in telegram groups, chanting "moon, moon!" and trying to ride the "whale" wave. This behavior is largely caused by the novelty and technical complexity of the whole cryptocurrency idea, but also because the public at large doesn't have access to diverse historical datasets and high quality educational content that they can learn from.

This irrational herd behavior hurts not only the people who make unwise investments, but also the community as a whole. It destabilizes the market rates, contributing to an already high volatility of cryptocurrency prices. And this, in turn, scares new potential investors.

We firmly believe that by educating the ones that seek to learn more about trading and investing, and by providing reliable high quality data feed to professional investors and trading bots we can make the market much more efficient, transparent and safe.

Over the next few weeks we will publish a series of articles describing how we collect and explore data, and how you can use these techniques to draw insights about cryptocurrencies and augment your trading strategies with new information sources. In the mean time, check out our whitepaper, subscribe to our steemit blog, and feel free to ask questions in the comments section below.