Hello folks,
I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.
So what is your opinion?
I think everyone is worth a chance at success which is why some altcoin have huge total cap while others have a low total cap.
most important factor is their chances of success, how is their growth in the market ?
are they a dump coin ? or a coin worthy of hodl ?
you need to be sure