Low cap crypto is like penny stocks, says Wolf of Wall Street By Cointelegraph
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Low cap crypto is like penny stocks, says Wolf of Wall Street Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their extreme price volatility.
Penny stocks refer to highly speculative shares priced under $1.00 from small and unknown companies. Generally, they either fetch massive returns for investors or crash and burn dramatically.
From crypto hater to proponent
Continue Reading on Coin Telegraph
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Low cap crypto is like penny stocks, says Wolf of Wall Street Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their extreme price volatility.
Penny stocks refer to highly speculative shares priced under $1.00 from small and unknown companies. Generally, they either fetch massive returns for investors or crash and burn dramatically.
From crypto hater to proponent
Continue Reading on Coin Telegraph
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