Invest
Network Effect – XRP / CARDANO
By FinancialVeracity  •  July 24, 2021
Mimetic theory have always been heavily emphasised in crypto, where every podcaster will ask what makes a good project and the constant pointer that one would always say “is the community (network)”. What makes sense in any of these two projects? nothing. If you want a better example – dogecoin, cumrockets, safemoon. We can always talk about how innovative a project is and the reasons to buy them but what really drives price is price itself. Tell me why are you long an asset? Because its cheaper from the all time high(ATH)? Because new innovations are coming out?  Price will always reflect how right our investment thesis is, the only factor that matters is time (when).  we often think that we are right because….. when XRP’s SEC case ends…. when cardano have smart contracts… when doge have L2…. but actually price tells us everything. Compare price of one asset to...
Read the full article
By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance