Between November 2017 and March 2018, I was a weekly trading tip columnist for Bitcoin.com.
The full history of my column is accessible here: https://news.bitcoin.com/author/ericwall/
My most popular article by views & comments was this one:
https://news.bitcoin.com/trading-tip-the-wall-did-ripple-almost-dethrone-bitcoin-using-this-one-simple-trick/
In the article, I suggested a method for how to better understand the valuations of cryptocurrencies which removes the confusion from variations in supply.
The method tries to eliminate two types of risks:
- Getting fooled by unit bias (i.e. high supply coins looking “cheap”)
- Not taking future inflation into account (i.e. thinking a coin is cheap because its current market cap is low, when the actual unit price and the final supply implies a much higher market cap)
Since the publication of my article, this method has gained some ground within the cryptocurrency community.
There is now a live tool made by the brilliant people at Coining AI that illustrates this in a convenient way. The tool (http://coining.ai/price.html) is great for shortlisting coins.
If you think about investing in a coin because it looks cheap, you should confirm it with this tool to make sure you aren’t being tricked into thinking it is cheap because its current undiluted market cap is low, or because the price per coin is low.
In my other articles at Bitcoin.com, I’ve shared more of my tips on how to better understand the cryptocurrency market.
I’ll be doing most of my writing here on Medium from now on. However, posts will be a lot less frequent and I intend to focus more on technology than on the market. In any case, the best way to follow me is definitely on Twitter.
