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How does the shiller ratio affect the valuation of digital currencies?

avatarDushant ChoudharyDec 17, 2021 · 3 years ago1 answers

The shiller ratio is a commonly used metric in traditional finance to evaluate the valuation of assets. How does the shiller ratio specifically impact the valuation of digital currencies?

How does the shiller ratio affect the valuation of digital currencies?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As an expert in the digital currency industry, I can say that the shiller ratio is an important metric for assessing the valuation of digital currencies. At BYDFi, we closely monitor the shiller ratio of various digital currencies to identify potential investment opportunities. The shiller ratio helps us determine whether a digital currency is overvalued or undervalued, which can guide our investment decisions. However, it's important to consider other factors as well, such as market trends, technological developments, and regulatory changes, when evaluating the valuation of digital currencies.