A Dream Conversation
Today I had a conversation with the creator of the investment strategy Value Investing, Billionaire Warren Buffet. During this conversation I convinced him to invest in the cryptocurrency project Leofinance.
Warren Buffett has a famous quote; “value is what you get, price is what you pay.”.
He traditionally tells investors to look for companies whose business they understand and who have earnings and potential for growth.
During our conversation I explained that determining value for Cryptocurrency projects was much simpler then stocks, and then I explained to him that a value investor should invest in cryptocurrency projects with three characteristics:
First is utility
I explained to him the beautiful graphic user interface, known as the home page, the intuitive features and functions, as well the multiple ways that investors make both passive and income, currently eight ways.
Second is developer activity.
I was easily able to explain and give multiple examples of developer activity and documented completed projects with demonstrable functional superiority over other projects.
Third is low Coin Market Cap ranking.
This is one of the core indicators of value to Mr. Buffet, undervaluation. I was able to demonstrate the CoinMarketCap of Cub, along with the market cap of Vub Finance, its growth since inception, and the charts on price increase trajectory, along with increasing signups.
Fourth, is Strong Community.
I explained that cryptocurrency project should have a motivated and enthusiastic community. This would be its users, and both word of mouth markets, and good will ambassadors.
Fifth and lastly, speed, good pricing and scaleability.
It was difficult, but not impossible to also explain the value of Hives Graphene blockchain technological superiority, which results in fast transactions, large scaleability and low fees compared to Ethereum.
Results
I think I was able to convince Mr. Buffet that Leofinance fits the description of a high value company, with a low price and good growth prospects. I asked him if he would consider investing as much in Leofinance as Mr. Elon Musk did in Bitcoin? His reply was that he would have his team crunch some numbers and due diligence.
As I walked him to the door, I asked him when can I expect a reply. He said “soon”.