Post
Topic
Board Altcoin Discussion
Re: A divide between short and long term investors
by
butka
on 28/05/2018, 18:40:56 UTC
Say for example a coin is $0.10 at ICO, $0.50 when it hits its first exchange, $1 when it hits a big exchange and reaches $3 due to hype...within 3 months and then crashes all the way down back to $0.20..who is the real winner? What are we trying to achieve? Because this seems to be a common trend at the moment. I'm not saying its bad, but it sure aint good. These companies are trying to make a difference and their success / failure could be determined by investors no matter what they have to offer.

Am i making any sense?
What you are describing here is the initial speculative phase of a coin's life. After that, if the coin was not just hype, if there is a utility value in it, you should expect a slow steady growth. This behavior is sometimes called a crypto J-curve.