Take the instance of a Spectrum ad. It’s a popular ISP. If they have represented their deals and plans in a visually appealing way that’s easy for customers to understand and digest. And they may end up compelled to Spectrum customer service phone number. That implies that data storytelling and data visualization plays a vital role in conversion too. 

Applying Data Visualization for Better Outcomes 

This goes for both, internal stakeholders and the customers. An impressive and thorough data representation visually allows you to win the confidence of your internal stakeholder, analyze it effortlessly to make important decisions, and finally, communicate effectively with your customers. 

Representing data effectively in a visual context will make all the difference. There are many ways to do it such as using maps, charts, and so on. Let’s walk you through the important steps of data visualization of data 

Establish Your Objective 

The first step is to figure out your core objective. The clarity of your objective is vital when it comes to your data visualization focus. Considering the type of your target audience, you will have an idea about what kind of data you want to represent visually. It will also give you clarity on what do you want to achieve with that. 

Make sure you establish your objectives right in the beginning. This will enable you to stay on track from the beginning to the end.?? 

Determine the Best Visualization Method for Your Data 

You will have several options when it comes to the format of your data representation visually. There are graphs, charts, maps, diagrams, infographics, and others to represent your data visually. All these methods have various purposes. You will have to identify your objectives and purposes and then choose the right format. 

Furthermore, remember that choosing the inappropriate method will confuse everyone involved. You don’t want to mislead your viewers/readers. Therefore, choose the right method. 

Add Context and Visual Representation 

This is the step where you create the visualizations according to the method you have chosen. You will need some tools and apps to do so. For instance, for charts and graphs, Google Sheets and Microsoft Excel can help. Among apps, Canva is an effective one for those who want to create design-oriented and appealing charts and graphs. 

Once you are don’t with your data visualization, the next step is to contextualize it. This will help give clarity and meaning to your audience. They will be able to understand the data in a better way. Some ways to add context are giving a suitable title, using various annotations to highlight, labeling the axes, and so on. 

Don’t Hesitate to Use Bold Fonts and Catchy Colors 

Since it is all about visualization, colors and fonts play a huge role in the design of your data visualization. Therefore, use the colors and fonts strategically and wisely as to which parts you want to highlight. Additionally, colors generally represent the following in data visualization: 

Highlighting important points 

Illustrating progression 

Categorizing info 

Distinguish various data points 

Similarly, bold fonts emphasize certain details. However, there is no hard and fast rule. And you have the liberty to use these formatting options to represent your data effectively. 

Declutter 

Once the job of creating the data visualization is over, it’s time to review and proof it. You need to declutter the charts, graphs, and whichever visual forms you have used. Eliminate all the unnecessary elements. 

Removing the data clutter will help you ensure a greater impact of your data representation on your audience. Clean and clutter-free graphs and charts are easy to examine. Customers and partners will be able to focus on the main points. 

Curb the temptation to add more design and elements to beautify your data visuals. Clean and simple visuals have a greater impact. Some of the things, which may be identified as clutter are unnecessary color effects, 3D effects, grid lines, axis, decimals, irrelevant icons, and so on. 

Ensure Avoiding Distortion of Data ? 

Rule out the chances of distorting data in the end. You need to carefully examine and scrutinize your data visualization and make sure that everything is accurately represented. Again, keeping data simple is the key. Also, following the conventions will help you avoid data distortion. 

The post Data Visualization for Marketers: How to Present Data Visually appeared first on Stabene.

But have you ever thought of investing in some other cryptocurrencies? If you have not, you should, as the other cryptocurrencies are also on the rise, and their market caps are increasing every day. 

Bitcoin has the highest rank because of the price, but many other cryptocurrencies are also not falling behind. Ether, Cardano, Tether are some of the well-known names in the world of cryptocurrencies. 

In this article, I will discuss five such cryptocurrencies with great potential to excel in the future for their unique traits and mind-blowing prices. 

5 Most Important Cryptocurrencies

You can buy bitcoin if you want, but you can also consider these five cryptocurrencies because they hold significant value in the market.

1. Ethereum
2. Litecoin.
3. Cardano.
4. Tether.
5. Polkadot

Ethereum

Ethereum is the second most famous name when it comes to cryptocurrency talks. Many even consider Ethereum as the replacement or alternative of bitcoin. 

The unique feature of Ethereum is that this decentralized software platform allows smart contracts and dApps or decentralized applications. There is no room for fraudulent, control, or third-party interference in Ethereum. 

Ethereum incorporates the use of Ethers/ ETH, cryptographic tokens usable only in the Ethereum platform. Developers are interested in using ETH because they intend to develop and run applications within the Ethereum platform.

But now, Ethereum has become more of an investment platform with investors trying to purchase other cryptocurrencies using Ether. Ethereum has a market cap of $425.46B. 

Litecoin

Charlie Lee is a former Google Engineer and an MIT graduate who created Litecoin and launched it in 2011. Litecoin is fully decentralized. It is based on an open-source payment network-accessible worldwide and has no interference from any controlling authority. 

Litecoin uses Scrypt as proof of work. The Scrypt is decodable using consumer-grade CPUs. Litecoin has many similarities with bitcoin, which is part of the reason why many call it “silver to Bitcoin’s gold.”

But there are differences with bitcoin that make Litecoin unique in that it has a much faster block generation rate. In addition, Bitcoin offers a quicker transaction and confirmation rate time. The market cap of Litecoin in September 2021 is around $12 B. Litecoin has surged 100 percent since the beginning of 2021. 

Cardano

Charles Hoskinson, one of the early founders of Ethereum, created Cardano with some mathematicians and cryptography experts. The currency of Cardano is named ADA after a British mathematician and writer Ada Lovelace.

An interesting fact regarding the creation of Cardano is that the project was very research-intensive, and the founding team members have written almost hundreds of papers on Cardano’s blockchain technology. 

Cardano uses proof-of-stake to become a decentralized financial system. Cardano aims to provide solutions for voter fraud, chain interoperability, etc., like Ethereum. Cardano has a market cap of $70B as of September 2021. 

Polkadot 

The prominent feature of Polkadot is that it intends to provide blockchain interoperability. Polkadot uses proof-of-stake. Polkadot’s protocol aims to connect to permitted and permissionless blockchains and oracles; this will potentially help systems work under the same roof. 

Polkadot allows the creation of its own blockchains by the users. The users will be able to use the securities of Polkadot on their blockchain. 

The co-founder of Ethereum, Gavin Wood, created Polkadot. The market cap of Polkadot is $35 billion in 2021 September, and the value of one DOT is $35.25. 

Bitcoin cash

Bitcoin cash was created in 2017 august from a fork of the parent cryptocurrency, Bitcoin. The mentionable trait of bitcoin is that it increased the size of its blocks, allowing it to process more transactions and improve scalability. 

Based on the idea that a bigger blockchain can hold more transactions, bitcoin cash increased the size of its blocks from one MB to eight MBs. As a result, the value of Bitcoin cash is $640 per token. The market cap of Bitcoin cash is $12 billion in 2021 September. 

Conclusion

New cryptocurrencies are coming out in the market, and each of them has new functions and newer ways of operating within the blockchain. 

As costly as bitcoin may be, it is not the only valuable cryptocurrency out there. There are many cryptocurrencies to explore and possibly invest in. 

Bitcoin arbitrage gives an advantage in the bitcoin trade; there is also crypto arbitrage VIP for doubling the bitcoins. However, even with tools like these, cryptocurrency traders are shifting towards many other cryptocurrencies. 

The other options of cryptocurrencies will help those who want to invest in different cryptocurrencies. This article also intends to be of use to those who are only seeking information about other cryptocurrencies.  

The post The 5 Most Popular Cryptocurrencies to Invest appeared first on Stabene.