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What are the best practices for using distinct count SQL to measure the popularity of different cryptocurrencies?

avatarMostafa AbdoDec 29, 2021 · 3 years ago1 answers

Can you provide some guidance on how to use distinct count SQL to accurately measure the popularity of various cryptocurrencies? I'm particularly interested in understanding the best practices for implementing this method and how it can help in analyzing the popularity of different cryptocurrencies.

What are the best practices for using distinct count SQL to measure the popularity of different cryptocurrencies?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we have found that using distinct count SQL to measure the popularity of different cryptocurrencies can be a valuable tool for understanding market trends and identifying potential investment opportunities. By analyzing the popularity of cryptocurrencies based on various metrics, such as trading volume and unique wallet addresses, we can gain insights into which cryptocurrencies are gaining traction and which ones may be losing popularity. This information can help inform our investment strategies and guide our decision-making process. However, it's important to note that distinct count SQL is just one tool in our analysis toolbox, and we also consider other factors, such as market sentiment and fundamental analysis, when making investment decisions.