RE: Venture Capitalist Mindset: Why Token Price Is A Lousy Indicator Of A Project
You are viewing a single comment's thread:
It is ironic that this article comes out on a day when the price of HIVE was up 10%. That means many will be happy since they believe there is validation. Ultimately, it means nothing more than if the price was down 10%. The price is not a sign of what is taking place.
Let us not forget that not everyone here is the same. Those who are checking the price every second and jump out their skin when seeing 10% up are those who don't care what's taking place. Their only concern is selling every token to get some fiat. There's nothing to expect from those. They want to get rich quick and are at the wrong place.
And there are those who don't care about the price, it means nothing at the moment because they look at it as a long term project that needs maturation time like cheese.
Posted Using LeoFinance Beta