Welcome to my review of TokenMetrics.com where I review my experience with Token Metrics. I will walk you step by step on my journey through trading and investing using Token Metrics. Then you can decide if this is the right tool for you to use in your investing/trading strategy. Note, I am not a financial advisor and none of the content on this website is to be used as financial advice.
What is Token Metrics?
I think of Token Metrics as a swiss army knife of tools for investing in crypto. There are so many tools that are beneficial and useful for the beginner and advanced trader/investor in crypto. Token Metrics takes advantage of AI (Artificial Intelligence) learning and old school fundamental trading strategies to hone in on the hidden gems, 100x'ers, buy/sell, long/short trades and investments. If you are a long term investor and you want to just buy and hodl, there are tools that Token Metrics offers to help you make better decisions. If you are active investor that likes to reallocate funds every quarter or month, Token Metrics has tools for you. If you are a swing trader and are looking for optimal times to buy and sell, Token Metrics has the tools for you. If you are a full time trader, constantly checking prices, and glued to your computer or phone, Token Metrics has the tools for you.
Token Metrics is like a whole entire investment team at your disposal on speed dial. Any time you want to look up the best ranking tokens and coins, you can pull up the Token Metrics Ratings
Can Token Metrics help Weed out and avoid Scams?
Unfortunately, the crypto world has attracted a lot of scammers. People who are trying to take advantage of others by pretty much stealing your money. Some can be very sophisticated and even hard to see for an experienced crypto trader. Fortunately, with the Token Metrics team and AI working together, every token listed on Token Metrics has in some way been reviewed and vetted. This will help weed out all the scams you find all over the internet. Protect your crypto. Don't fall victim to a scam. Use Token Metrics as your scam blocker.
I'm new to crypto, do I need Token Metrics to get started?
The world of crypto can be very daunting for someone just starting off. There are a lot of scams (unfortunately) and mistakes to be made. Without someone to give you some guidance, you could end up losing a lot of money. You really need to be careful who you listen to. There are many people who claim to know what they are doing, and will tell you to invest in this token or that token, that will make you 1000% or 1,000,000% APR or 100 times your money. Token Metrics will help you be a smarter investor. With access to Token Metrics, it's like you have a friend with a giant super computer attached to his brain, and all the information is at your fingertips.
What tools and features are available on Token Metrics?
As we mentioned before, Token Metrics is like a swiss army knife. It has all the tools you need to trade and invest in crypto at your fingertips. Take a look at some of the tools that we use on Token Metrics. Depending on your investing style, you may rely more heavily on one more than another. But knowing that all of these tools are available is where all the magic happens.
- Price Prediction (30 days into the future price prediction)
- Technical Analysis: All the charts you would use in TradingView, all summarized into one number. If you want the details, all of that is available too (ie: EMAs, Oscillators, MACD, RSI, Candlestick patterns, and more).
- Fundamentals: All the research that would take you hours and hours, neatly summarized for each token. An overall score is given to each token to help give you an idea of the fundamentals for each token. Each segment is scored and then a final total score is given. This information is useful for tokens that you are not familiar with. Sure, you can do your own research, and you should, but Token Metrics has done all the digging for you. Just start with the information here and then venture into your search on the internet.
- Technology Review: The technology review section of Token Metrics is a score that grades how well the technology behind the token works. A token can pump up in price, but have horrible technology. Usually, poor technology can be translated into a poor token. A poor token usually cannot sustain pumped up prices, so having good technology behind a token is important for long term usability. A token with good technology normally will translate into a better performing token. Token Metrics has dived into the details of the code and gives an overall technology score. You can yourself do your own research and review all the information if you find it necessary in your investment decision making.
- Performance Metrics Review: How well has the token performed historically. All the information you need is neatly summarized in this section. You can compare how each token compares to Bitcoin.
- Correlation: This section gives you the closeness in performance of the token you are reviewing compared to other tokens on the market. A good rule of them in diversifiying your portfolio, is to have coins that are not close in correlation. This will help hedge your bet in case a portion of your portfolio does not perform well.