How to find bitcoin and other crypto asset ‘fundamentals’: Goldman Sachs

How to find bitcoin and other crypto asset ‘fundamentals’: Goldman Sachs

Bitcoin cryptocurrency coins and a PC motherboard are pictured in Kyiv on 19 July, 2021.  (Photo by STR/NurPhoto via Getty Images)

Bitcoin cryptocurrency coins and a PC motherboard are pictured in Kyiv on 19 July, 2021. (Photo by STR/NurPhoto via Getty Images)

Valuing a cryptocurrency is not nearly as simple as valuing a stock. A stock is a piece of a company, and you can look at what the company owns and its revenue, costs, profits, and trends to determine some sort of estimate of its worth.

For crypto, it’s far more nebulous since coin values aren’t usually connected to revenues, profits, or any of the usual…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *