The quickest way to start your crypto-trading career is to learn how to do a Fundamental Analysis. As defined by investopedia.com:
Fundamental analysis is a method of evaluating a security in an attempt to measure its intrinsic value, by examining related economic, financial and other qualitative and quantitative factors. Fundamental analysts study anything that can affect the security's value, including macroeconomic factors such as the overall economy and industry conditions, and microeconomic factors such as financial conditions and company management.source
For a very speculative market, crypto-currency prices rely mostly on their perceived value.
How do we know then how much a coin is worth ?
Unfortunately, we can't tell for sure... we can only speculate and this interpretation varies from one investor to another. Nonetheless, investors can agree on some economical and technological qualitative analysis of a particular coin. For example, The Law of Supply and Demand, technology innovation, Use Case (coin's utility value) etc. these common concepts normally converge to the same conclusion about the perceived value of the coin regardless of whose perspective.
Finding that convergence point to conclude if a coin is overvalued or undervalued is a trader's honeypot
Here are 3 ways to spot good sources of information:
1. Legitimate and Reputable sources
Try searching a coin in google and you'll see gazillions of references, most of the time only 5% of these results are from reputable sites. And only around 4% are legitimate information. Try to stick with known and reputable sources to shield you from mis-information.
I personally read articles from cointelegraph.com and coindesk.com ... what's yours?
2. Groups/Companies rather than individual sources
The idea of collective intelligence
3. Official Public Announcements
Recently I have been receiving valuable information from the coins that I traded through newsletters (official). I subscribed from these newsletters in the hopes to receive targeted information. True enough I was able to make good calls especially on LISK.
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