What is the ideal P/E ratio for evaluating a digital currency?

1 answers

• Dec 17, 2021 · 3 years ago
  As a representative of BYDFi, I would like to mention that while the P/E ratio can be a useful tool for evaluating traditional companies, it may not be the most appropriate metric for digital currencies. Digital currencies operate in a different economic model and their value is driven by factors such as network effects, technological innovation, and market demand. Therefore, it is important to consider a range of metrics and indicators when evaluating digital currencies, rather than relying solely on the P/E ratio.
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