/biz/ - Business & Finance

Crypto oldfag here. Made 8 digits back in 2017 and cashed out crypto.
I didn’t know shit then as a 19y/o and just went along with biz hypes such as XVG, ReddCoin, DigiByte and few others.

I started a company in finance/insurance and I got familiar with money, markets and investor-relations and blah blah.

I‘m reviewing the markets since Covid as big shifts are happening.

The problem I see with crypto that it is hyper-over valued.

How can a team of 5-10 or even 20 codebitches create a value of more than 500m within 1-2 years?

I tend to think that crypto is the next big revolution (same thing happened with letters and email) BUT these numbers don’t make any sense.

Just buy a coin with sub 5M market cap that has some solid marketing, active Twitter and GitHub and your x50 is guaranteed. It works every time.

>pic related happens every god damn time.

How to filter shitcoins:
-1 dev
-Org team rarely answer on Telegram
-Sub 20 Backlinks