As an traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it shares increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
Have to agree with this 100% ....
