ETH - 5 Cryptocurrencies That Even a Stock Investor Can Love
As someone who decided last year to make cryptocurrency a part of my overall portfolio strategy, I get the resistance from many of my fellow stock pickers to follow in my footsteps. It's a lot easier to value a company -- and what it should be worth in the future -- than it is size up a digital currency and what it could be worth.
There are no reasonable valuation equivalents in crypto-to-earnings multiples, sales growth, and other stock-assessing measuring sticks. You can watch trading volumes to gauge momentum, and chartists can dabble in technical analysis. There are plenty of catalysts that can catapult a particular denomination higher, but it's still an incomplete experience for most stock investors dipping their toes into the volatile cryptocurrency waters.
Let me see if I can help. Some digital currencies have more tangible catalysts to determine their future potential to appreciate. Decentraland (CRYPTO: MANA) , Celsius (CRYPTO: CEL) , Voyager Token (CRYPTO: VGX) , Crypto.com (CRYPTO: CRO) , and Ethereum (CRYPTO: ETH) fall into that camp, and they are cryptocurrencies that even a stock investor could love.
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5 Cryptocurrencies That Even a Stock Investor Can Love