A pair of economists from Yale University have outlined a basic strategy for identifying the best buying opportunities for cryptocurrencies. By studying the past performance of three of the most well-known digital assets, the two have identified a couple of methods to predict price movements.
The volatility of cryptocurrency markets makes choosing an entry point for the average digital asset buyer tough. The most popular digital currency, Bitcoin, has been known to swing wildly over just a few hours. As I write this, the price of Bitcoin is 12% down over the last 24-hours. The announcement of the US SEC to postpone a decision on a highly anticipated Bitcoin ETF seems largely responsible for the latest dip.