Cryptocurrency continues to grow and as it does there is an almost constant barrage of predictions and prognostication.
Terms like bubble, overvalued, undervalued, peaked and "to the moon" are casually thrown around the crypto sector.
One of the most important things in investing but also in life is perspective.
Perspective
Perspective " a particular attitude toward or way of regarding something; a point of view."
Keeping events and stats in context and viewing them from an educated, historical and fact based perspective is crucial when forecasting trends in the crypto world.
Today I wanted to share with you a very simple yet effective info-graphic from a Coin Telegraph article.
I won't include any commentary, I will simply let the chart speak for itself.
As you look at the info-graphic, keep these questions in your mind?
Are we in a bubble?
Is Bitcoin over valued?
Where are we on the life-cycle of cryptocurrency?
I encourage you to read the full article here
If you want to stay up to date on crypto news follow my blog @digicrypt.
