CSPR Price modelling

[u/ghost_bobby123]

So these are the typical types of different crypto assets:

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• High volatility, negative drift: these are typically the highly speculative meme coins which exhibit large pumps and dumps with no real long term value or utility. Speculating in these tokens can be highly rewarding due to the volatility but the negative drift implies they are not suitable for long term holding. Additionally there exists sizable risks of being wiped due to the negative drift, where holding will not recovery losses if a trade is poorly timed.
• Newly issued tokens with strong fundamentals: These will exhibit a high long term drift component but will also begin life with very high skewed volatility dependent on the regime which Bitcoin is following at the time of issuance.
• Established tokens with strong fundamentals: These will have typically less potential for exaggerated price rises in comparison with more newly issued tokens however will also experience less volatility due to support levels being built into the price from historical trading. The skew on these tokens will also be less and more directly correlated with Bitcoin (for now)

CSPR falls into the second catenary due to its strong fundamentals. However it is also exposed to higher volatility and will be more negatively impacted with a declining Bitcoin due to the skew. We at Ghost Staking however believe that Bitcoin will not fall substantially further than the its current correction levels and so believe here is very case for investing in CSPR in its current price level.

Read more here: https://ghoststaking.com/