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How does Jocelyn Yang analyze the potential of different cryptocurrencies?

Klavsen ChambersMay 07, 2022 · 3 years ago1 answers

Can you explain the process that Jocelyn Yang uses to analyze the potential of various cryptocurrencies? What factors does she consider and how does she evaluate their potential for growth and success?

1 answers

  • May 07, 2022 · 3 years ago
    At BYDFi, Jocelyn Yang utilizes a systematic approach to analyze the potential of different cryptocurrencies. She starts by conducting a fundamental analysis, which involves evaluating the project's whitepaper, roadmap, and team. This helps her assess the viability and potential of the cryptocurrency. Jocelyn also considers the market sentiment and trends, analyzing factors such as trading volume, price movements, and community engagement. Additionally, she takes into account the technological aspects of each cryptocurrency, looking at factors like scalability, security, and innovation. By combining these different analyses, Jocelyn is able to form a comprehensive understanding of the potential of different cryptocurrencies.