New market participants don't seem to understand that the price you buy something at is as important as its fundamentals. Its one thing to buy a used Toyota for 10k and another to buy the same Toyota for 100k.
I hear this constantly in crypto twitter or you tube. Every one is talking about how their coin is better then the others but no one is talking about the valuations. I would much rather buy a junk coin that is heavily undervalued then a quality coin that is overvalued.
I hear this constantly in crypto twitter or you tube. Every one is talking about how their coin is better then the others but no one is talking about the valuations. I would much rather buy a junk coin that is heavily undervalued then a quality coin that is overvalued.
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