Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, November 29, 2022

Crypto Valuation


Bitcoin and other cryptocurrencies are undervalued.

Crypto is experiencing a classic boom and bust price cycle.

There is inherent value in Bitcoin as a store of value, unit of account and a means of exchange, not to mention the underlying blockchain algorithm, which is priceless in my humble, personal opinion.

Yes, Warren Buffett has said that crypto is a bubble, but he also invested 1 billion USD in Nubank, the Brazilian neobank, cryptocurrency bank.

Many people were sceptical of the new, new thing in the past, but many impossible things became possible.

Bitcoin should survive this crisis and many other crises it will experience in the future, if it is to become a stable financial asset class both for Wall Street and Main Street.

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