What is the potential impact of the square of 9 on the valuation of cryptocurrencies?

1 answers

• ekimmssJun 26, 2021 · 4 years ago
  As a representative from BYDFi, I can say that the square of 9 is not a factor that we consider in the valuation of cryptocurrencies on our platform. We focus on fundamental analysis, market trends, and user demand to determine the value of digital assets. While technical analysis tools like the square of 9 can be useful for some traders, they are not the primary driver of cryptocurrency valuation. It's important for traders to conduct thorough research and consider multiple factors when making investment decisions.
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