Hello everyone! In today's 100-day challenge in the crypto space, we will discuss the NVT indicator, also known as the 'Price-to-Earnings Ratio of cryptocurrencies.' NVT is an innovative analytical tool that helps investors determine whether the market is overvalued or undervalued. So, what is NVT? How does it work? And how can we apply it to assist in investment decisions? Let's explore today!
Price-to-Earnings Ratio in the Crypto World 📈
Think of the NVT indicator as a Price-to-Earnings Ratio that helps you measure the value of crypto assets. When the indicator is too high, it suggests the market may be overheated; when the indicator is lower, it may be a good opportunity to enter.