29th June 2022 Digital Bytes

Welcome to this week's Digital Bytes which as articles on the following topics:

Collapse of crypto price, reality or a buying opportunity - whether or not to ‘buy the dip’ cannot be answered in one word. There are many factors one needs to consider; potentially spreading the buying of volatile assets such as cryptocurrencies over a period of time to smooth out the price you pay can prove to be a lower-risk way to gain exposure. Cryptocurrencies remain a very risky volatile asset class and knowing when to buy and sell is often a matter of luck, not judgement, as sentiment often tends to be the biggest driver of prices.

Can Gresham’s Law help predict which crypto to buy? - there is a rather obscure economic law called “Gresham’s Law” and how it applies to blockchain networks. Simply put, Gresham’s Law states that “bad money drives out good”. Whilst this was previously used to explain the way in which those coins with high commodity value (value of the metal) would be taken out of circulat…