Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
CrytoMachine_11
on 06/02/2018, 14:48:16 UTC
Interesting times in the market.

ICN is tanking again due to the current crypto crash. However ICN is tanking more than the market (P/B down to 0.5)...
They still hold around 10 million $ in cash (https://icnhodler.com/book-value). CCP has around 1M in euro as well.

What should they do?
- Use the cash to buy BTC, ETH or ICN?
- Use the cash and their other cryptos (BTC, ETH...) to buy more ICN tokens (currently undervalued)?
- Wait to see how this all plays out?

Imo they should be buying stuff with their cash. Current market is a buy opportunity.