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A beautiful quote for investors, and a different perspective on price.

All Cryptocurrencies

by COINS NEWS 174 Views

This quote it's a brilliant one by Jeff Bezos, he was talking about how Amazon survived the burst of the .com bubble, so you might get a different and better point of view after this.

"The stock is not the company, and the company is not the stock, and so as I watched the stock fall from 113 to 6, I was also watching all of our internal business metrics: Number of customers, profit per unit, everything you can imagine, defects, etc. Every single thing about the business was getting better and fast. And so as the stock price was going the wrong way, everything inside the company was going the right way".

So let's take this into crypto, we had a little "dip" (not a dip from my pov) but new investors might see it as a red flag (maybe), if you do a little bit of research, you will eventually notice that crypto it's slowly but surely (don't call me Shirley) going into the mainstream world, and adoption it's happening almost everywhere, crypto projects are getting more solid, and we're seeing better information sources for investing, banks wanting to buy Bitcoin, we have a BTC Future ETF, we might see a Spot ETF soon, and so on.

So price might be just a source of information, and a value representing your portfolio, but the only thing that matters on the long run it's how strong, serious, and commited it's that project into the cryptoverse, are they truly working towards their goals? are they investing the time to make it happen? are they making strategic moves to get better? etc, etc.

Please, make your research, and remember that price it's just one of the sources of information that we can study and watch, but fundamentals, and the work behind a project it's what really matters, long term.

submitted by /u/isaac_horstmeier
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