Here's How Low-Cap Altcoins Are Like Penny Stocks, According to The Wolf of Wall Street.
31 Aug 2022, 08:00
Here’s How Low-Cap Altcoins Are Like Penny Stocks, According to The Wolf of Wall Street
The original Wolf of Wall Street, Jordan Belfort, says that low-cap altcoins are very similar to penny stocks, or stocks worth less than $1 per share.
In an interview with Yahoo Finance, Belfort says the two types of assets are similar in that if investors get into them early enough, they stand to make a lot of money.
“Yes, you’re right, with those ultra low cap deals. If you get a hold of one of those things at the right time, you can make just massive, massive amounts of money.