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Fundamentals & Hype on This Altcoin Is Screaming BUY!
It’s extremely rare to find any crypto project with solid fundamentals; often, these projects do not have the strongest hype. However, fundamentals and hype sometimes combine and create a juicy narrative to make me load up stacking.
Is it me, or is Ryan Reynolds everywhere right now? He’s in commercials promoting cell phone service, playing the same character in multiple movies, and the press has a fully erect boner claiming he’s one of Hollywood's best-looking and nicest people. If I could invest in celebrity stocks, I’d be scooping up shares of Ryan Reynolds right now. Sometimes, you get a combination of hype (appearing everywhere) and fundamentals (talent) in Hollywood that prints money.
I’m constantly looking for similar fundamentals and hype in the crypto market. The hype portion is pretty easy. Unfortunately, when full hype has arrived, ordinary retail is typically late to the party. Hype without fundamentals can be tricky because hype can be manufactured to dump on ordinary retail investors. On the other hand, fundamentals without hype are close to worthless in crypto. Some projects mint money and get no respect from speculators (see Maker, Aave, Lido, and others).