I just think PSB is tremendously undervalued (cheap), given it's potential (based on remittances' business model); so price will climb, yes, but people will want to hold on to their Pesobits...
Well not being negative here, but
you can never say undervalued because at this point, all is still at writing, nothing yet have been accomplished here, but if PSB (which i am very positive) manage to launch the proposed roadmap then there you can factually say that this coin is undervalued at this amount.
Allow me to explain. It's Price vs. Value.
Successful investors do not wait for the price of an asset to be fully realized before they buy. Real investors look at how they see what the future price of an investment may be a year from now, following some personal decision making guidelines. This future price is today's
value, however.
Contrary to investors, the regular people like to invest in "safe" assets and regular people prefer to pay
full price, where all the value is all already in the price they pay.
These regular people are still buying DOGE, DASH, ETH, LTC and Bitcoin at this moment, where all the value is already priced in. The initial investors who made the real money are already long gone from these coins - all you have now is regular people - and few investors.
When the business projects with PSB take place and their real value is fully priced in (PSB price up 100 X), it will be too late to invest and make a lot of money. For me, anyways. All will be left at that point is earning from staking. I am not saying it's a certainty - there is no certainty in crypto or anywhere - but I really like what I read in the Pesobit's development plans (
see them here), and I see PSB has a low price.
Low price and high value.If we take Dogecoin as an example, one might think, they have tried everything it will not go any higher; DOGE is already high in the CoinMarketCap, DOGE does not have a consistent development approach - so the price one year from now will be perhaps same as today,
or lower. So to an investor, Dogecoin offers little value, it's fully priced or overvalued.
This is what I mean when I say, PSB is currently blatantly "
undervalued". I don't recommend people put in their lifesavings in
any crypto; but a few hundreds of dollars in PSB can go a long way in the near future...