ICPלונג
ICP the risk/reward is great
I say the ICP risk reward is great because currently you are buying it at 44B MC valuation, which i think is great because of the fundamentals that the chain has.
Lets say by the end of this bull market conservatively it gets to 100B MC and you sell there. That is a 25x return. Lets say you buy and you stake it, because ICP has a great staking mechanism, you are essentially getting paid to hold your position. There is effectively a 1 month lock up period if you stake for 8y, because you can always sell your account at around 15% discount.
Your downside is very limited. Lets say 50% of your investment and your upside is 25x. I would take that bet every day of the week.
Lets say by the end of this bull market conservatively it gets to 100B MC and you sell there. That is a 25x return. Lets say you buy and you stake it, because ICP has a great staking mechanism, you are essentially getting paid to hold your position. There is effectively a 1 month lock up period if you stake for 8y, because you can always sell your account at around 15% discount.
Your downside is very limited. Lets say 50% of your investment and your upside is 25x. I would take that bet every day of the week.
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