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RE: Common crypto misconceptions: Cheap coins are not always cheap!

in #cryptocurrency7 years ago

Fantastic post @memekings.

Lesson: The actual price of a coin does not matter in the long run and shouldn't affect your investment decisions.

I was trying to explain this concept to a friend of mine the other day. There’s a name for cheap stocks in the share market. The call them “Penny dreadfuls” novice sharemarket investors make the same mistake.

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Thanks man appreciate it!
Yeah it's very important to educate those that have little knowledge of the financial market!