A crypto tutorial video on what Market Cap is when it comes to cryptocurrencies, how to calculate it and how to use it for analysis. I use Bitcoin and Cardano as the expample for the purpose of the video. I also talk about the most common misconception. Recommended Resource for Accurate Price Info: https://coinmarketcap.com/
***I am not a financial advisor or crypto advisor; this video is meant to be used for entertainment purposes only and represents only my personal opinions***
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I created this educational video for the crypto community because I kept hearing too many crypto 'experts' referring to Market Cap as the amount of $ invested by investors, which is absolutely incorrect. Hopefully you find it helpful, let me know which Crypto asset or topic to cover next in the comments…
Great video
Thanks for the knowledge drop!
what type of site is coin market map? You said you cAN'T buy on it, Why, and where can you buy/sell?
does market cap teach us something about that currency? what are we to look at to know if that crypto is good? I love you video…i understood it. that's for taking your time in certain areas…great teacher
I’m confused 🤔
Great video but like i still dont understand why market cap is used to see if its a good buy. Do you compare the market cap with other coins within the same sector then go based off of that? I see people all the time say that this coin has a great market cap but what makes it so great or not?
<<There's no doubt in my mind that we are not only going bull, but BTC is going nuclear. A lot of people are wondering if now is a good time to buy because of where the price is at right now. I'd say it's outrightly wrong to just sit back hodl and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making profiTs should be the way of life That being said, the market is still all about BTC at the moment and I'll advise current investors and newbies to take advantage of Mr. Leon Calvin program. A pro trader who runs a training program for investors/ newbies who lack understanding on how trading Bitcoin works, to help them recover loss from the crash and also accumulate more bitcoin, with his program i went from having 3.8BTC to 12.8BTC in just 5 weeks,<You can reach him on TE LE GRAM >>> @LeonCalvintrade.
Good stuff. Thanks a lot
I think by "Jump" he means drop. In case anyone's confused.
Because 2 mil is a drop from 1tril.
So when he says "jump" he means "drop"
So I should buy Cordana?
Thanks man for this info I'm a save it 👌 but how can I buy and sell on coin market cap
Crazy. I was just researching this.