How To Beat Algorithmic Trading: Top 3 Coins with Franky Bernstein
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How To Beat Algorithmic Trading: Top 3 Coins with Franky Bernstein
“The reason Ethereum is so great, why the price of Ether is so high, is because the majority of people ICO’ing are building on top of the platform.” - Franky Bernstein
(click to tweet)
Algorithmic trading can’t lose.
It mines the billions of pieces of data to make the best investment decisions possible. But there are ways we can outperform it. By doing sentiment analysis, analyzing the emotion behind each cryptocurrency, we can see things that the computer cannot. Leaning into this innately human perception will yield enormous returns.
On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Franky Bernstein of Markett. Franky’s expertise spans across many digital technology domains, and his knowledge on cryptocurrency is profoundly insightful. He specializes in understanding how harnessing the power of digital technology like cryptocurrency can lead to better business and more wealth. Today, we hear his thoughts on the best coins to look out for. Take note and apply them to your investment portfolio!
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“I would put my Bitcoin on someone creating something better than Bitcoin someday.” - Franky Bernstein
(click to tweet)
Points to Keep In Mind
- The best application of Bitcoin are dividends
- Blockchain is the next technology wave, can be applied to every technology
- The utility value of Bitcoin is much higher than gold
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- If it’s roughly twice the utility value of gold, then the market cap of crypto is $14 trillion
- The smartest people can argue the opposing opinion better than their own
- Ethereum was created because it was very complicated to build decentralized applications on top of Bitcoin
- The majority of ICOs (initial coin offerings) are being built on top of Ethereum
- The fundamental problem of Bitcoin is you can only make 7 transactions per second
- When evaluating cryptos, research the founding team and read the whitepaper