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RE: Who To Trust In Crypto Right Now?

in #bitcoin7 years ago

Its so funny how the youtube shills have gone into hiding since december a few of them have tried to keep it going but eventually fell off and are all waiting for things to pick up so they can give us more botched technical analysis

Honestly no one can predict where the price is going but statistically, the bear run cannot go on forever, in terms of when it will reverse no one really knows we all just hanging on and increasing our stakes.

I just hope with the market bleeding cash we see more shitcoins and rubbish ICO's belly up so we can consolidate those funds into larger coins that are actually planning to be useful

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Bear run could last for 2-3 years> It did that in past.

Well it may look like a bear run to most because we comparing it to the ATH's we've had in the bast but crypto has been overinflated we saw that with the whole tether issue

I don't know if we will ATH very soon but I do think it will pick up on a run eventually. I say take your time, so i can increase my stakes each month little by little

You are spot on with what you just said. I knew the ICOs would weigh on the market because there were so many of them and they promised so much that they couldn't deliver. It was really infuriating to me. Here is a meme I did about them as well.
ico-robot-meme.png

LOL That meme is way too on point. I really feel you on it, i've gone through 100s of white papers and reviewed alt coins for both my steemit blog and my other blog and gosh some of them are terrible and those are the legitimate projects

Don't get me started on the pump and dumps that just build hype and plagiarise other projects white papers. We clearly had too much money floating around that so many of these crappy ICO's could hit hard caps so quickly

Yeah same here. I would read some white papers and be like WTF???? It would just be nonsense. Like a 13 year old trying to sound technical or something.

I would even have friends sending me links to projects that they were suddenly excited about and I would read into it and have to tell them that the people running it were totally making stuff up and it was a total scam.