This is an extremely high-risk company, and it is strongly advised against subscription by ordinary investors.
$Bgin Blockchain (BGIN.US)$ 1. Deterioration of fundamentals: The company is trapped in a vicious cycle of 'collapsing revenue, massive losses, and cash burn.' Investing in it would be equivalent to betting that the cryptocurrency market will immediately and continuously enter a major bull market, which is highly uncertain. 2. Excessive industry risk: Its fate is deeply tied to the highly volatile cryptocurrency market, lacking any resilience to risk. For investors seeking stable growth, this is one of the worst options available. 3. Doubtful IPO process: Both the reduction in the financing size and the replacement of underwriters are strong 'sell' or 'avoid' signals. This indicates that professional institutions and the market have 'voted with their feet,' showing no confidence in this issuance. 4. Lack of competitive advantage: In the mining machine sector, giants like Bitmain and Whatsminer have already taken dominant positions. Bgin Blockchain, as a small player, holds no advantages in technology, branding, or market share. 5. Potential investment trap: Such small-cap, high-risk IPOs can sometimes be subject to speculation, with stock prices possibly manipulated temporarily due to insufficient liquidity during the early days of listing, luring unsuspecting retail investors to take over before falling sharply thereafter. If you are an extreme risk-taker and firmly believe that the following points will occur, you might consider participating with a very small amount of capital that you can afford to lose entirely:
· You firmly believe that cryptocurrencies (especially altcoins) will soon embark on an unprecedented super bull market.
· You believe the company possesses some kind of 'secret weapon' or technological advantage that has not yet been discovered by the market.
· You can tolerate the risk of complete loss of principal.
· You firmly believe that cryptocurrencies (especially altcoins) will soon embark on an unprecedented super bull market.
· You believe the company possesses some kind of 'secret weapon' or technological advantage that has not yet been discovered by the market.
· You can tolerate the risk of complete loss of principal.
This is purely a personal opinion; please refrain from criticism if you disagree!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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逍遥法王 : I do not accept your advice; the bigger the waves, the more expensive the fish.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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72655275 : Are you suggesting that this stock will drop to zero after its IPO?