Steady Lads #50: Who Do We Blame This For?
Steady Lads
Invest Wisely and Beware of Overvaluation in Cryptocurrency Market
The cryptocurrency market is prone to significant fluctuations, with tokens rising and plummeting rapidly. The value of tokens can change dramatically, such as a token that dramatically dropped from 95 cents to five cents. It is crucial to discern shifts in the market and not get caught up in the hype. Retail investors must be cautious about overvaluation and the lack of concrete valuation metrics in the crypto space. Founders should assess their revenue and future prospects to gauge a reasonable valuation range.
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