Site icon Daily Fintech

Investing in Altcoins after the Altcoin nuclear winter 

nuclear winter

Most Altcoins on Coinmarketcap will lose somewhere between 99% and 100% of their value in the next few years. Most, but not all. There will be a few that will go through classic venture stages – MVP to PMF to Scale. Patient investors will be able to snap them up at bargain basement prices after the Altcoin nuclear winter because even the good ones will drop 90% to 99% in price.

If you think that is impossible, you did not live through the technology nuclear winter after the Dot Com bubble burst. In the 2002/3 era you could buy great companies for close to cash value – Apple was one example.

In answer to three questions:

Bernard Lunn is a Fintech deal-maker, author, adviser and thought-leader.

Get fresh daily insights from an amazing team of Fintech thought leaders around the world. Ride the Fintech wave by reading us daily in your email.


Skip to toolbar