Economic Indicators In The Crypto-economy - Volume 3 - Where can I spend Bitcoin?

in #cryptocurrency8 years ago (edited)


In an emerging crypto-economy it is important to develop a series of "economic indicators" to use as tools in developing your investment strategy.

Something as simple as monitoring the number of stores accepting Bitcoin, can be an indicator of a wider acceptance of the viability of using crpto-currency in "real world" situations.

I recently read, and not quoting, that Ethereum had replaced Bitcoin as the preferred coin used by ICO investors. Since I myself put most of my investment in at the ICO level, and also choose to use Ethereum I see this as an indicator that Ethereum will exprience more rapid growth than Bitcoin leading up to 2020.

Stay stoked, keep frorthing, and always remember.... an informed investor is a successful investor.

Cheers Fish, The Beach Bum Investor @beachbuminvestor