Why should we invest after the crash? It has a lot to do with just buying the stock at a discounted price. After the crash, we can filter out the fundamentally strong stocks that survived the crash and made very little correction. Most of the new age stocks are overvalued and could not survive the crash. They might lose half of their value and would be a disaster for investors. By the way they publicize the IPO most of the retailers fell for it and make the investment. During the crash, this would be the top loser and struggle to break the all-time high. Therefore a crash can be viewed as an opportunity to invest in the filtered blue-chip stocks.
The first mover advantage maybe a myth like MySpace. It is not necessary to have a first mover advantage, but it may do good if managed correctly. In the world of crypto we could see Bitcoin reigning over a decade as the leading coin. It got its first mover advantage and it is way ahead than other altcoins. But does it means it will lead forever ? Not really. I’m case of Amazon the first mover advantage was a great benefit. It is not that because of Amazon being the first to deliver goods through online, it is the ever growth mindset of Jeff Bezos. Like in case of any other thing, the important factor is not the advantage, but the mindset that drives it behind. Last day I wrote about having a progressive mindset. But when it comes to BTC, the driver behind it is clearly absent. Its first mover advantage is getting it to the top, but as soon as when one person with growth mindset comes with an equivalent product (which already happened), the first mover advantage may slay. ...
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