Viewing a response to: @jerrybanfield/best-time-to-buy-eos-or-any-new-cryptocurrency
Super useful post. Thanks for sharing it. I'll try monitoring the prices the newer cryptocurrencies then try looking into purchasing them 3 to 6 months in the future. Oh for the venture capitalists, they invest completely differently than the average person. I had an entrepreneurial finance class in college that was taught by a venture capitalist. Typically, out of 10 companies a venture capitalist usually expects 4-5 of the companies to be a complete loss. 2-3 should be break even. 1-2 of the companies would have a slight to decent profit and 1 company should have a massive return.
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