Which scale, linear or logarithmic, is more suitable for tracking the growth of cryptocurrencies in the long term?

3 answers

• Dec 26, 2021 · 3 years ago
  In my opinion, the logarithmic scale is more suitable for tracking the growth of cryptocurrencies in the long term. This is because the logarithmic scale allows for a better visualization of the percentage increase or decrease in value over time. Cryptocurrencies often experience exponential growth, and the logarithmic scale can effectively capture this growth pattern. On the other hand, the linear scale may not accurately represent the significant fluctuations and exponential growth that cryptocurrencies can exhibit.
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• Dec 26, 2021 · 3 years ago
  When it comes to tracking the growth of cryptocurrencies in the long term, both linear and logarithmic scales have their pros and cons. The linear scale provides a straightforward representation of the actual value of cryptocurrencies over time. However, it may not effectively capture the exponential growth that many cryptocurrencies experience. On the other hand, the logarithmic scale emphasizes the percentage increase or decrease in value, making it easier to identify trends and patterns. Ultimately, the choice between the two scales depends on the specific purpose and context of the analysis.
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• Dec 26, 2021 · 3 years ago
  From BYDFi's perspective, both linear and logarithmic scales can be useful for tracking the growth of cryptocurrencies in the long term. The linear scale provides a clear representation of the actual value of cryptocurrencies, which can be helpful for investors looking for precise data. On the other hand, the logarithmic scale allows for a better understanding of the percentage increase or decrease in value, which can be valuable for identifying trends and patterns. It's important to consider the specific needs and goals of your analysis when choosing between the two scales.
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