In fact, in the spirit of respecting the objective laws of the operation of the capital market, there is not much to complain about the performance of the cryptocurrency circle now, and the wealth effect is still much stronger than the traditional financial market. Moreover, the opportunities and people who make money in this world are originally few, and high-quality assets are also scarce targets.
Now there are two to three thousand listed companies on the Nasdaq, Hong Kong Stock Exchange, and Shanghai Stock Exchange, most of which are junk stocks and penny stocks with small market capitalization and trading volume and poor performance, while the representative high-quality assets are limited to a few leading companies. In fact, the capital market is interconnected. The cryptocurrency circle will also be such a pattern.
And the new coins criticized by some retail investors and KOLs have been falling for a long time after opening high. In fact, most stocks have such a trend. The maturity of the cryptocurrency circle will inevitably go through a similar process to the stock market, because the secondary markets are all interconnected. But the waves will wash away the sand, and high-quality mining coins like SUI, which will be launched in May 2023, will still be selected by the market over time. I have heard a research boss from the old brokerage firm recommend the concept of "core assets" during the roadshow many times, repeating that "excitement comes from perseverance."
Yesterday, we agreed to establish a regular information disclosure system for project parties: referring to the stock market, project parties are required to publish quarterly, semi-annual and annual reports, and regularly disclose financial status, major events and other announcement information. At the same time, investors are warned of risks, and investors should DYOR. This is very meaningful. $BNB
