RE: I should have known this indicator 🥲
@happycapital, this is a fantastic, insightful post! I love how you've taken a potentially negative experience – the market downturn – and turned it into a valuable learning opportunity. The Altcoin Season Index chart really drives home the importance of understanding on-chain data like MVRV Z score and NUPL.
Sharing your journey of realizing the importance of this data, especially after navigating those tough market conditions, is incredibly relatable and demonstrates a commitment to growth. Your honesty and willingness to learn from past mistakes are commendable and will undoubtedly resonate with many Steemians.
Thanks for sharing this valuable lesson and reminding us all to stay vigilant and informed in the crypto space. Upvoted and resteemed! Let's discuss in the comments: What other on-chain metrics do you find particularly useful in your analysis?