QuantifyCrypto's Dual Approach: Timeliness and Fundamental Strength for Cryptocurrency Performance

John Barry | Wed Oct 04 2023

The world of cryptocurrency is rapidly evolving, discerning their true value becomes increasingly challenging. The challenge lies in identifying which cryptos are mere speculative bubbles and which ones have underlying value. Enter QuantifyCrypto, which offers two insightful methodologies to gauge cryptocurrency potential: the 'Crypto Timeliness Ranking System' and the 'Crypto Strength Ranking System'.

1. Crypto Timeliness Ranking System: A Technical Perspective

Quantify Crypto Timeliness Performance Chart - Showing Timeliness 1 performs best and Timeliness 5 has the worse performance

The 'Crypto Timeliness Ranking System' primarily focuses on price or technical analysis. It categorizes cryptocurrencies based on recent price movements, suggesting which assets might be trending in the near term. From July to October 2023, this system showcased varying performance levels across different ranks:

  • Timeliness 1, with a remarkable 31.74% gain, depicted cryptocurrencies showing the most significant momentum upwards.
  • Timeliness 2 followed suit but with a milder growth of 5.33%.
  • However, as we move down the ranks, there was a noticeable shift in momentum with Timeliness 3, 4, and 5 recording losses.

This system can be helpful for traders and investors who rely heavily on price action, momentum, and technical indicators.

2. Crypto Strength Ranking System: A Fundamental Lens

Fundamental Strength ranking for the top 50 cryptocurrencies

While the Timeliness System zeroes in on price, the 'Crypto Strength Ranking System' shifts its focus towards the fundamental strength of cryptocurrencies. It gives investors a deeper insight into the inherent value and stability of crypto assets:

  • Rank 1 observed a commendable gain of 21.97%, indicating cryptocurrencies with sound underlying value and robust fundamentals.
  • As we descend the ranks, there's an evident decrease in performance with Rank 2 and Rank 3 registering declines.
  • Rank 4 and Rank 5, representing cryptos with weaker fundamentals, saw substantial dips of 16.21% and 17.10% respectively.

This approach helps long-term investors identify cryptos with strong use-cases, solid business models and innovation, and genuine potential for future growth.

Bringing It All Together

QuantifyCrypto's dual ranking systems provide investors with a comprehensive view of the crypto market. While the 'Timeliness' model offers a snapshot of current momentum and trends, the 'Strength' system dives deeper, illuminating the intrinsic worth of crypto assets. When used in tandem, both models can significantly enhance an investor's decision-making process, balancing short-term gains with long-term value.

Exclusive Access for Gold Subscribers

For those seeking an edge in the crypto market, these invaluable reports are exclusively available to our Gold subscribers. For just $49.99 per month, you can gain access to these in-depth analyses, offering a treasure trove of insights and data. It's a modest investment when you consider the potential returns from making informed trading decisions. Witness the depth and clarity of our research firsthand by exploring these Sample Report 1  Sample Report 2 Elevate your trading game and ensure you're always one step ahead in the volatile world of cryptocurrencies. We currently have reports for the top 56 cryptocurrencies based on the marketcap displayed on the Quantify Crypto website.

 

Disclaimer


Quantify Crypto is an informational website that provides market data, technical analytics and links to news and commentary sources. Information published on Quantify Crypto platform should not be taken as investment advice in any way.

Quantify Crypto is not an investment adviser and you agree to not site the Quantify Crypto platform or content as the reason or cause for making any trading decisions.

Quantify Crypto is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site. You agree not to consider the information on Quantify Crypto platform as a solicitation to invest in any cryptocurrencies, initial coin offerings, or other financial instruments.