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How does Aleks Novakovic evaluate the potential of different cryptocurrencies?

avatarLIBRARY SFMCDec 28, 2021 · 3 years ago1 answers

As an expert in the field of cryptocurrencies, how does Aleks Novakovic evaluate the potential of different cryptocurrencies? What factors does he consider and what methods does he use to assess their potential?

How does Aleks Novakovic evaluate the potential of different cryptocurrencies?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    As the head of research at BYDFi, Aleks Novakovic has a unique perspective on evaluating the potential of different cryptocurrencies. He believes that a thorough understanding of the underlying technology is essential. Novakovic looks at factors such as the scalability, security, and decentralization of the cryptocurrency. He also considers the team behind the project and their track record. Additionally, Novakovic takes into account the market demand for the cryptocurrency and its potential for mass adoption. By combining technical analysis with market research, Novakovic is able to evaluate the potential of different cryptocurrencies and make informed investment decisions.