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RE: The Formula for Crypto Pumps is Counter-intuitive

in #cryptocurrency7 years ago (edited)

It is interesting, and truly the concept of unfinished/un-monetized products receiving tremendous valuation can extend beyond just crypto asset investing.

If you look at Facebook when it had its initial offering it was trading 70 times earnings without substantial mobile revenue compared to today, but five years down the road it was clearly a steal. However for every story like this there are probably many many others that did not turn out so well.

Disclaimer: Article author's investment disclaimer applies to this post. I am not a financial advisor, this is not personal advice. Investing in crypto currency and other equity is a very risky endeavor; risk includes losses up to (and even exceeding) the initial investment.

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