This is just a YTD chart and proves absolutely nothing. But, I have been trying to tell those near me that they should be looking at crypto projects that have utility or are already generating revenue as legitimate investments.
Crypto.com is one of those that is generating revenue, but trades at $0.20-$0.40; while coins that either have zero utility, no revenue, are purely theoretical, or just outright scams, trade for tens or hundreds of dollars. With the blood shed happening in crypto right now, alongside the markets (just exponentially worse as usual) it’s nice to see
$CRO.X is at least holding on. I tried to bring a fundamental analysis approach and use the same strategies, as much as possible anyway, to invest, rather than speculate, in crypto. While there clearly is no way to value these crypto assets, you can glean a great deal of info in a short amount of time and see if it’s even an investment, or just another lottery ticket.
If you speculate with junk coins that may or may not have a future, or the currency part of crypto; this happens relatively frequently📉💸👇😬