No actually it isnt. A company is not its stock price and focusing only upon capital (which that isnt even capital in the traditional sense since it is not going to the company) is not involved in the development of the business.
By you logic, pumps then are reflective of a strong company/project even though it was market manipulation and ends up being dumped.
Platform growth is happening with every metric. Development is taking place. People need to think like owners.
This is where markets (crypto) lead people astray. It is not like a blue chip stock which might have some correlation between stock price and what is going on with the company.
No actually it isnt. A company is not its stock price and focusing only upon capital (which that isnt even capital in the traditional sense since it is not going to the company) is not involved in the development of the business.
By you logic, pumps then are reflective of a strong company/project even though it was market manipulation and ends up being dumped.
Well that comes down to individual perspective.
Platform growth is happening with every metric. Development is taking place. People need to think like owners.
This is where markets (crypto) lead people astray. It is not like a blue chip stock which might have some correlation between stock price and what is going on with the company.
People, in crypto, for the most part, only care about pumps.
Those that are building will end up amassing nice stakes and financially benefit. The rest will likely be kicking themselves.