While knowing one market well is beneficial for some investors, We prefer to take a cross-market approach and dive when we identify a market catalyst.
Most early market evolution follows the same patterns.
Many new markets evolve through a few recognizably typical phases at different speeds.
There are some standard features in each of them.
While all the above is true, It is essential to understand that how a market is "born" will determine much of what will happen in the late stages.
Observing many markets and their evolution helps predict how a new one will evolve and mature. It is critical when trying to identify market potential gainers.