Post
Topic
Board Economics
Merits 1 from 1 user
Re: Monkeys: Don't do trend analysis! (with poll)
by
Upgrade00
on 26/08/2020, 15:03:41 UTC
⭐ Merited by mu_enrico (1)
But how about if we do random in top-100 crypto, assumed the top-100 is more legit than the rest?
Market capitalization is not a reliable metric with which to verify the legitimacy of a currency. The top 100 would be an indicator of which has a reliable project but it's still a very broad list which could contain fake/shilled projects, more cherry picking would need to be done to come up with an ideal list from which to select randomly from.
There are also stable coins on that list, and they do not pass as an ideal investment option.